TC BUILDING: 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.
TC BUILDING
Largest movements
- Cash +€33,721
up €33,721 (+44.9%), from €75,084 to €108,805
mainly Net result for the year (+€27,692) and Depreciation (+€12,913)
- Tangible fixed assets -€12,913
down €12,913 (-12.8%), from €101,180 to €88,267
of which Furniture and vehicles: -€12,913
- Receivables within one year +€3,813
up €3,813 (+6.1%), from €62,759 to €66,572
of which Other amounts receivable: +€2,407
- Reserves +€27,692
up €27,692 (+21.2%), from €130,727 to €158,419
- Debts after one year -€11,909
down €11,909 (-92.3%), from €12,907 to €998
- Tax, wage and social debts +€9,089
up €9,089 (+170%), from €5,349 to €14,438
of which Taxes: +€6,678
- Other debts -€5,921
down €5,921 (-10.0%), from €59,069 to €53,149
- Accrued charges and deferred income +€3,872
up €3,872, from €0 to €3,872
- Gross operating margin +€36,873
up €36,873 (+193%), from €19,077 to €55,951
- Taxes +€9,063
up €9,063 (+528%), from €1,715 to €10,778
- Financial charges +€3,668
up €3,668 (+588%), from €624 to €4,292
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 | €239,689 | €264,344 | +€24,655 | +10.3% |
| Fixed assets | 21/28 | €101,315 | €88,402 | -€12,913 | -12.7% |
| Tangible fixed assets | 22/27 | €101,180 | €88,267 | -€12,913 | -12.8% |
| Furniture and vehicles | 24 | €26,180 | €13,267 | -€12,913 | -49.3% |
| Other tangible fixed assets | 26 | €75,000 | €75,000 | = | 0.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €138,374 | €175,942 | +€37,569 | +27.2% |
| Amounts receivable within one year | 40/41 | €62,759 | €66,572 | +€3,813 | +6.1% |
| Trade receivables | 40 | €59,291 | €60,697 | +€1,406 | +2.4% |
| Other amounts receivable | 41 | €3,468 | €5,875 | +€2,407 | +69.4% |
| Cash at bank and in hand | 54/58 | €75,084 | €108,805 | +€33,721 | +44.9% |
| Deferred charges and accrued income | 490/1 | €531 | €565 | +€35 | +6.6% |
| Total equity and liabilities | 10/49 | €239,689 | €264,344 | +€24,655 | +10.3% |
| Equity | 10/15 | €149,327 | €177,019 | +€27,692 | +18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €130,727 | €158,419 | +€27,692 | +21.2% |
| Distributable reserves | 133 | €130,727 | €158,419 | +€27,692 | +21.2% |
| Amounts payable | 17/49 | €90,362 | €87,325 | -€3,037 | -3.4% |
| Amounts payable after more than one year | 17 | €12,907 | €998 | -€11,909 | -92.3% |
| Financial debts | 170/4 | €12,907 | €998 | -€11,909 | -92.3% |
| Amounts payable within one year | 42/48 | €77,455 | €82,455 | +€4,999 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €11,792 | €11,909 | +€117 | +1.0% |
| Trade debts | 44 | €1,246 | €2,959 | +€1,714 | +138% |
| Suppliers | 440/4 | €1,246 | €2,959 | +€1,714 | +138% |
| Taxes, remuneration and social security | 45 | €5,349 | €14,438 | +€9,089 | +170% |
| Taxes | 450/3 | €5,349 | €12,027 | +€6,678 | +125% |
| Remuneration and social security | 454/9 | €0 | €2,411 | +€2,411 | |
| Other amounts payable | 47/48 | €59,069 | €53,149 | -€5,921 | -10.0% |
| Accrued charges and deferred income | 492/3 | €0 | €3,872 | +€3,872 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,913 | €12,913 | = | 0.0% |
| Other operating charges | 640/8 | €864 | €891 | +€27 | +3.2% |
| Gross operating margin | 9900 | €19,077 | €55,951 | +€36,873 | +193% |
| Operating profit (loss) | 9901 | €5,300 | €42,146 | +€36,846 | +695% |
| Financial income | 75/76B | €609 | €616 | +€7 | +1.1% |
| Recurring financial income | 75 | €609 | €616 | +€7 | +1.1% |
| Financial charges | 65/66B | €624 | €4,292 | +€3,668 | +588% |
| Recurring financial charges | 65 | €624 | €4,292 | +€3,668 | +588% |
| Profit (loss) for the period before taxes | 9903 | €5,285 | €38,471 | +€33,185 | +628% |
| Income taxes | 67/77 | €1,715 | €10,778 | +€9,063 | +528% |
| Profit (loss) for the period | 9904 | €3,570 | €27,692 | +€24,122 | +676% |
| Profit (loss) for the period to be appropriated | 9905 | €3,570 | €27,692 | +€24,122 | +676% |
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 19 October 2026 via checked.be.