T&T Constructions: what changed
Two fiscal 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&T Constructions
Largest movements
- Receivables within one year -€14,014
down €14,014 (-15.5%), from €90,549 to €76,535
of which Trade receivables: -€12,280
- Cash +€4,617
up €4,617 (+33.5%), from €13,775 to €18,391
mainly Net result for the year (+€21,029) and Receivables within one year (+€14,014)
- Tangible fixed assets -€1,775
down €1,775 (-16.2%), from €10,924 to €9,149
- Trade debts -€22,940
down €22,940 (-82.9%), from €27,666 to €4,726
- Profit (loss) carried forward +€21,698
up €21,698 (+175.0%), from €12,399 to €34,098
- Debts after one year -€14,105
down €14,105 (-50.4%), from €28,014 to €13,908
- Current portion of long-term debt +€2,412
up €2,412 (+13.7%), from €17,593 to €20,006
- Gross operating margin +€12,781
up €12,781 (+64.8%), from €19,725 to €32,506
- Taxes +€2,544
up €2,544 (+90.3%), from €2,817 to €5,361
- Financial charges +€1,073
up €1,073 (+142.9%), from €751 to €1,824
- Other operating charges -€565
down €565 (-38.3%), from €1,475 to €911
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.
Cash bridge derived
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 | €127,047 | €114,709 | -€12,338 | -9.7% |
| Fixed assets | 21/28 | €10,924 | €9,149 | -€1,775 | -16.2% |
| Tangible fixed assets | 22/27 | €10,924 | €9,149 | -€1,775 | -16.2% |
| Plant, machinery and equipment | 23 | €10,924 | €9,149 | -€1,775 | -16.2% |
| Current assets | 29/58 | €116,123 | €105,561 | -€10,563 | -9.1% |
| Stocks and contracts in progress | 3 | €11,800 | €10,634 | -€1,166 | -9.9% |
| Stocks | 30/36 | €11,800 | €10,634 | -€1,166 | -9.9% |
| Amounts receivable within one year | 40/41 | €90,549 | €76,535 | -€14,014 | -15.5% |
| Trade receivables | 40 | €83,589 | €71,309 | -€12,280 | -14.7% |
| Other amounts receivable | 41 | €6,960 | €5,226 | -€1,733 | -24.9% |
| Cash at bank and in hand | 54/58 | €13,775 | €18,391 | +€4,617 | +33.5% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €127,047 | €114,709 | -€12,338 | -9.7% |
| Equity | 10/15 | €53,399 | €75,098 | +€21,698 | +40.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €26,000 | €26,000 | = | 0.0% |
| Distributable reserves | 133 | €26,000 | €26,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,399 | €34,098 | +€21,698 | +175.0% |
| Amounts payable | 17/49 | €73,648 | €39,612 | -€34,036 | -46.2% |
| Amounts payable after more than one year | 17 | €28,014 | €13,908 | -€14,105 | -50.4% |
| Financial debts | 170/4 | €28,014 | €13,908 | -€14,105 | -50.4% |
| Amounts payable within one year | 42/48 | €45,634 | €25,703 | -€19,931 | -43.7% |
| Current portion of amounts payable after more than one year | 42 | €17,593 | €20,006 | +€2,412 | +13.7% |
| Trade debts | 44 | €27,666 | €4,726 | -€22,940 | -82.9% |
| Suppliers | 440/4 | €27,666 | €4,726 | -€22,940 | -82.9% |
| Taxes, remuneration and social security | 45 | €235 | €0 | -€235 | -100.0% |
| Taxes | 450/3 | €235 | €0 | -€235 | -100.0% |
| Other amounts payable | 47/48 | €140 | €972 | +€832 | +594.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,488 | €3,590 | +€102 | +2.9% |
| Other operating charges | 640/8 | €1,475 | €911 | -€565 | -38.3% |
| Gross operating margin | 9900 | €19,725 | €32,506 | +€12,781 | +64.8% |
| Operating profit (loss) | 9901 | €14,762 | €28,005 | +€13,243 | +89.7% |
| Financial income | 75/76B | €30 | €209 | +€179 | +594.1% |
| Recurring financial income | 75 | €30 | €209 | +€179 | +594.1% |
| Financial charges | 65/66B | €751 | €1,824 | +€1,073 | +142.9% |
| Recurring financial charges | 65 | €751 | €1,824 | +€1,073 | +142.9% |
| Profit (loss) for the period before taxes | 9903 | €14,041 | €26,390 | +€12,349 | +87.9% |
| Income taxes | 67/77 | €2,817 | €5,361 | +€2,544 | +90.3% |
| Profit (loss) for the period | 9904 | €11,224 | €21,029 | +€9,804 | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,224 | €21,029 | +€9,804 | +87.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.