TBP PAVING: 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.
TBP PAVING
Largest movements
- Receivables within one year +€178,108
up €178,108 (+74.4%), from €239,416 to €417,524
of which Trade receivables: +€147,710
- Cash -€14,814
down €14,814 (-29.2%), from €50,761 to €35,947
mainly Receivables within one year (-€178,108) and Investment in fixed assets (net) (-€2,035)
- Tangible fixed assets -€13,472
down €13,472 (-63.1%), from €21,363 to €7,891
of which Furniture and vehicles: -€13,443
- Trade debts +€101,957
up €101,957 (+113%), from €90,609 to €192,566
- Profit (loss) carried forward +€16,706
up €16,706 (+9.7%), from €172,762 to €189,468
- Other debts +€15,980
up €15,980 (+1,288%), from €1,241 to €17,221
- Tax, wage and social debts +€15,179
up €15,179 (+62.0%), from €24,487 to €39,666
of which Remuneration and social security: +€15,597
- Purchases and services +€101,241
up €101,241 (+20.2%), from €501,015 to €602,256
- Gross operating margin -€99,874
down €99,874 (-20.0%), from €499,488 to €399,614
- Turnover -€64,147
down €64,147 (-6.4%), from €1.0m to €936,318
- Staff costs -€45,666
down €45,666 (-13.6%), from €335,165 to €289,499
- Taxes -€34,959
no longer reported in 2024 (was €34,959)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €311,540 | €461,362 | +€149,822 | +48.1% |
| Fixed assets | 21/28 | €21,363 | €7,891 | -€13,472 | -63.1% |
| Tangible fixed assets | 22/27 | €21,363 | €7,891 | -€13,472 | -63.1% |
| Plant, machinery and equipment | 23 | €225 | €196 | -€29 | -12.9% |
| Furniture and vehicles | 24 | €21,138 | €7,695 | -€13,443 | -63.6% |
| Current assets | 29/58 | €290,177 | €453,471 | +€163,294 | +56.3% |
| Amounts receivable within one year | 40/41 | €239,416 | €417,524 | +€178,108 | +74.4% |
| Trade receivables | 40 | €124,894 | €272,604 | +€147,710 | +118% |
| Other amounts receivable | 41 | €114,522 | €144,920 | +€30,398 | +26.5% |
| Cash at bank and in hand | 54/58 | €50,761 | €35,947 | -€14,814 | -29.2% |
| Total equity and liabilities | 10/49 | €311,540 | €461,362 | +€149,822 | +48.1% |
| Equity | 10/15 | €173,762 | €190,468 | +€16,706 | +9.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,762 | €189,468 | +€16,706 | +9.7% |
| Amounts payable | 17/49 | €137,778 | €270,894 | +€133,116 | +96.6% |
| Amounts payable after more than one year | 17 | €21,441 | €21,441 | = | 0.0% |
| Financial debts | 170/4 | €21,441 | €21,441 | = | 0.0% |
| Amounts payable within one year | 42/48 | €116,337 | €249,453 | +€133,116 | +114% |
| Trade debts | 44 | €90,609 | €192,566 | +€101,957 | +113% |
| Suppliers | 440/4 | €90,609 | €192,566 | +€101,957 | +113% |
| Taxes, remuneration and social security | 45 | €24,487 | €39,666 | +€15,179 | +62.0% |
| Taxes | 450/3 | €418 | - | -€418 | |
| Remuneration and social security | 454/9 | €24,069 | €39,666 | +€15,597 | +64.8% |
| Other amounts payable | 47/48 | €1,241 | €17,221 | +€15,980 | +1,288% |
| Turnover | 70 | €1,000,465 | €936,318 | -€64,147 | -6.4% |
| Non-recurring operating income | 76A | €38 | €65,550 | +€65,512 | +172,400% |
| Goods, raw materials, services and sundry goods | 60/61 | €501,015 | €602,256 | +€101,241 | +20.2% |
| Remuneration, social security and pensions | 62 | €335,165 | €289,499 | -€45,666 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,328 | €15,507 | -€7,821 | -33.5% |
| Other operating charges | 640/8 | €5,168 | €389 | -€4,779 | -92.5% |
| Non-recurring operating charges | 66A | €29,661 | €76,493 | +€46,832 | +158% |
| Gross operating margin | 9900 | €499,488 | €399,614 | -€99,874 | -20.0% |
| Operating profit (loss) | 9901 | €106,166 | €17,726 | -€88,440 | -83.3% |
| Financial charges | 65/66B | €578 | €1,020 | +€442 | +76.5% |
| Recurring financial charges | 65 | €578 | €1,020 | +€442 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €105,588 | €16,706 | -€88,882 | -84.2% |
| Income taxes | 67/77 | €34,959 | - | -€34,959 | |
| Profit (loss) for the period | 9904 | €70,629 | €16,706 | -€53,923 | -76.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,629 | €16,706 | -€53,923 | -76.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.