T.P. Construct: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
T.P. Construct
Largest movements
- Receivables within one year -€5,160
down €5,160 (-63.1%), from €8,174 to €3,014
of which Trade receivables: -€2,742
- Cash -€3,958
down €3,958 (-14.9%), from €26,540 to €22,582
mainly Tax, wage and social debts (-€4,507) and Net result for the year (-€4,426)
- Tangible fixed assets -€3,695
no longer reported in 2025 (was €3,695)
of which Furniture and vehicles: -€3,504
- Tax, wage and social debts -€4,507
no longer reported in 2025 (was €4,507)
- Profit (loss) carried forward -€4,426
down €4,426 (-19.3%), from €22,928 to €18,502
- Current portion of long-term debt -€3,474
no longer reported in 2025 (was €3,474)
- Trade debts -€438
down €438 (-61.8%), from €709 to €271
- Gross operating margin -€14,811
down €14,811 (-94.6%), from €15,658 to €847
- Depreciation -€6,115
down €6,115 (-62.3%), from €9,810 to €3,695
- Financial charges -€438
down €438 (-74.7%), from €586 to €148
- Taxes +€202
up €202 (+27.4%), from €737 to €939
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,678 | €26,833 | -€12,845 | -32.4% |
| Fixed assets | 21/28 | €4,795 | €1,100 | -€3,695 | -77.1% |
| Tangible fixed assets | 22/27 | €3,695 | - | -€3,695 | |
| Plant, machinery and equipment | 23 | €191 | - | -€191 | |
| Furniture and vehicles | 24 | €3,504 | - | -€3,504 | |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €34,883 | €25,733 | -€9,150 | -26.2% |
| Amounts receivable within one year | 40/41 | €8,174 | €3,014 | -€5,160 | -63.1% |
| Trade receivables | 40 | €2,742 | - | -€2,742 | |
| Other amounts receivable | 41 | €5,432 | €3,014 | -€2,418 | -44.5% |
| Cash at bank and in hand | 54/58 | €26,540 | €22,582 | -€3,958 | -14.9% |
| Deferred charges and accrued income | 490/1 | €169 | €137 | -€32 | -18.9% |
| Total equity and liabilities | 10/49 | €39,678 | €26,833 | -€12,845 | -32.4% |
| Equity | 10/15 | €30,988 | €26,562 | -€4,426 | -14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €22,928 | €18,502 | -€4,426 | -19.3% |
| Amounts payable | 17/49 | €8,690 | €271 | -€8,419 | -96.9% |
| Amounts payable within one year | 42/48 | €8,690 | €271 | -€8,419 | -96.9% |
| Current portion of amounts payable after more than one year | 42 | €3,474 | - | -€3,474 | |
| Trade debts | 44 | €709 | €271 | -€438 | -61.8% |
| Suppliers | 440/4 | €709 | €271 | -€438 | -61.8% |
| Taxes, remuneration and social security | 45 | €4,507 | - | -€4,507 | |
| Taxes | 450/3 | €4,507 | - | -€4,507 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,810 | €3,695 | -€6,115 | -62.3% |
| Other operating charges | 640/8 | €709 | €561 | -€148 | -20.9% |
| Gross operating margin | 9900 | €15,658 | €847 | -€14,811 | -94.6% |
| Operating profit (loss) | 9901 | €5,139 | -€3,409 | -€8,548 | |
| Financial income | 75/76B | €55 | €70 | +€15 | +27.3% |
| Recurring financial income | 75 | €55 | €70 | +€15 | +27.3% |
| Financial charges | 65/66B | €586 | €148 | -€438 | -74.7% |
| Recurring financial charges | 65 | €586 | €148 | -€438 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | €4,608 | -€3,487 | -€8,095 | |
| Income taxes | 67/77 | €737 | €939 | +€202 | +27.4% |
| Profit (loss) for the period | 9904 | €3,871 | -€4,426 | -€8,297 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,871 | -€4,426 | -€8,297 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.