T.V. Com.: 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.V. Com.
Largest movements
- Receivables within one year -€104,955
down €104,955 (-18.2%), from €577,851 to €472,896
of which Trade receivables: -€115,590
- Cash +€48,291
up €48,291 (+7.4%), from €655,683 to €703,974
mainly Receivables within one year (+€104,955) and Depreciation (+€97,200)
- Tangible fixed assets -€31,369
down €31,369 (-16.7%), from €188,170 to €156,801
of which Plant, machinery and equipment: -€19,776
- Trade debts -€156,615
down €156,615 (-31.3%), from €499,874 to €343,258
- Accrued charges and deferred income +€28,685
up €28,685 (+171%), from €16,738 to €45,424
- Profit (loss) carried forward +€28,158
up €28,158 (+11.6%), from €242,976 to €271,134
- Investment grants +€21,693
up €21,693 (+13.5%), from €160,498 to €182,191
- Depreciation -€80,707
down €80,707 (-45.4%), from €177,907 to €97,200
- Purchases and services -€61,827
down €61,827 (-5.1%), from €1.2m to €1.1m
- Turnover -€55,204
down €55,204 (-4.9%), from €1.1m to €1.1m
- Staff costs -€28,638
down €28,638 (-1.3%), from €2.2m to €2.2m
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 | €1,427,966 | €1,342,016 | -€85,950 | -6.0% |
| Fixed assets | 21/28 | €190,783 | €161,028 | -€29,756 | -15.6% |
| Intangible fixed assets | 21 | - | €1,613 | +€1,613 | |
| Tangible fixed assets | 22/27 | €188,170 | €156,801 | -€31,369 | -16.7% |
| Plant, machinery and equipment | 23 | €81,008 | €61,232 | -€19,776 | -24.4% |
| Other tangible fixed assets | 26 | €107,162 | €95,569 | -€11,593 | -10.8% |
| Financial fixed assets | 28 | €2,614 | €2,614 | = | 0.0% |
| Current assets | 29/58 | €1,237,182 | €1,180,988 | -€56,194 | -4.5% |
| Amounts receivable within one year | 40/41 | €577,851 | €472,896 | -€104,955 | -18.2% |
| Trade receivables | 40 | €426,403 | €310,814 | -€115,590 | -27.1% |
| Other amounts receivable | 41 | €151,448 | €162,082 | +€10,634 | +7.0% |
| Cash at bank and in hand | 54/58 | €655,683 | €703,974 | +€48,291 | +7.4% |
| Deferred charges and accrued income | 490/1 | €3,648 | €4,118 | +€470 | +12.9% |
| Total equity and liabilities | 10/49 | €1,427,966 | €1,342,016 | -€85,950 | -6.0% |
| Equity | 10/15 | €403,474 | €453,326 | +€49,851 | +12.4% |
| Profit (loss) carried forward | 14 | €242,976 | €271,134 | +€28,158 | +11.6% |
| Investment grants | 15 | €160,498 | €182,191 | +€21,693 | +13.5% |
| Provisions and deferred taxes | 16 | €262,583 | €262,583 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €262,583 | €262,583 | = | 0.0% |
| Other liabilities and charges | 164/5 | €262,583 | €262,583 | = | 0.0% |
| Amounts payable | 17/49 | €761,908 | €626,107 | -€135,801 | -17.8% |
| Amounts payable within one year | 42/48 | €745,170 | €580,684 | -€164,486 | -22.1% |
| Trade debts | 44 | €499,874 | €343,258 | -€156,615 | -31.3% |
| Suppliers | 440/4 | €499,874 | €343,258 | -€156,615 | -31.3% |
| Taxes, remuneration and social security | 45 | €245,296 | €237,425 | -€7,871 | -3.2% |
| Remuneration and social security | 454/9 | €245,296 | €237,425 | -€7,871 | -3.2% |
| Accrued charges and deferred income | 492/3 | €16,738 | €45,424 | +€28,685 | +171% |
| Turnover | 70 | €1,124,514 | €1,069,310 | -€55,204 | -4.9% |
| Membership fees, donations, legacies and grants | 73 | €2,330,012 | €2,333,289 | +€3,276 | +0.1% |
| Non-recurring operating income | 76A | - | €27,517 | +€27,517 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,206,297 | €1,144,470 | -€61,827 | -5.1% |
| Remuneration, social security and pensions | 62 | €2,187,041 | €2,158,404 | -€28,638 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,907 | €97,200 | -€80,707 | -45.4% |
| Other operating charges | 640/8 | €15,950 | €16,604 | +€653 | +4.1% |
| Non-recurring operating charges | 66A | €15,834 | €1,881 | -€13,953 | -88.1% |
| Gross operating margin | 9900 | €2,286,861 | €2,300,349 | +€13,489 | +0.6% |
| Operating profit (loss) | 9901 | -€92,733 | €26,261 | +€118,994 | |
| Financial income | 75/76B | €3,039 | €3,667 | +€628 | +20.7% |
| Recurring financial income | 75 | €3,039 | €3,667 | +€628 | +20.7% |
| Financial charges | 65/66B | €292 | €1,450 | +€1,158 | +396% |
| Recurring financial charges | 65 | €292 | €1,450 | +€1,158 | +396% |
| Profit (loss) for the period before taxes | 9903 | -€89,986 | €28,478 | +€118,464 | |
| Income taxes | 67/77 | €307 | €320 | +€13 | +4.3% |
| Profit (loss) for the period | 9904 | -€90,293 | €28,158 | +€118,451 | |
| Profit (loss) for the period to be appropriated | 9905 | -€90,293 | €28,158 | +€118,451 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.