TC CONTRACTOR: 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 CONTRACTOR
Largest movements
- Receivables within one year +€117,845
up €117,845 (+75.6%), from €155,850 to €273,695
of which Trade receivables: +€93,918
- Tangible fixed assets +€36,265
up €36,265 (+93.9%), from €38,640 to €74,904
- Trade debts +€157,217
up €157,217 (+149%), from €105,783 to €263,000
- Tax, wage and social debts -€11,227
down €11,227 (-59.5%), from €18,858 to €7,631
of which Remuneration and social security: -€10,858
- Profit (loss) carried forward +€6,501
up €6,501 (+40.8%), from €15,928 to €22,429
- Other debts +€4,715
up €4,715 (+8.1%), from €57,897 to €62,611
- Gross operating margin -€58,399
down €58,399 (-50.1%), from €116,484 to €58,085
- Staff costs -€26,327
down €26,327 (-93.0%), from €28,323 to €1,997
- Taxes -€8,255
down €8,255, from €8,000 to -€255
- Depreciation +€2,277
up €2,277 (+10.4%), from €21,985 to €24,263
- Other operating charges +€1,601
up €1,601 (+44.3%), from €3,619 to €5,220
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 | €203,465 | €360,672 | +€157,206 | +77.3% |
| Fixed assets | 21/28 | €40,233 | €76,497 | +€36,265 | +90.1% |
| Tangible fixed assets | 22/27 | €38,640 | €74,904 | +€36,265 | +93.9% |
| Furniture and vehicles | 24 | €38,640 | €74,904 | +€36,265 | +93.9% |
| Financial fixed assets | 28 | €1,593 | €1,593 | = | 0.0% |
| Current assets | 29/58 | €163,233 | €284,174 | +€120,942 | +74.1% |
| Amounts receivable within one year | 40/41 | €155,850 | €273,695 | +€117,845 | +75.6% |
| Trade receivables | 40 | €154,424 | €248,342 | +€93,918 | +60.8% |
| Other amounts receivable | 41 | €1,426 | €25,353 | +€23,927 | +1,678% |
| Cash at bank and in hand | 54/58 | €7,383 | €10,479 | +€3,097 | +41.9% |
| Total equity and liabilities | 10/49 | €203,465 | €360,672 | +€157,206 | +77.3% |
| Equity | 10/15 | €20,928 | €27,429 | +€6,501 | +31.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,928 | €22,429 | +€6,501 | +40.8% |
| Amounts payable | 17/49 | €182,537 | €333,242 | +€150,705 | +82.6% |
| Amounts payable within one year | 42/48 | €182,537 | €333,242 | +€150,705 | +82.6% |
| Trade debts | 44 | €105,783 | €263,000 | +€157,217 | +149% |
| Suppliers | 440/4 | €105,783 | €263,000 | +€157,217 | +149% |
| Taxes, remuneration and social security | 45 | €18,858 | €7,631 | -€11,227 | -59.5% |
| Taxes | 450/3 | €8,000 | €7,631 | -€369 | -4.6% |
| Remuneration and social security | 454/9 | €10,858 | - | -€10,858 | |
| Other amounts payable | 47/48 | €57,897 | €62,611 | +€4,715 | +8.1% |
| Remuneration, social security and pensions | 62 | €28,323 | €1,997 | -€26,327 | -93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,985 | €24,263 | +€2,277 | +10.4% |
| Other operating charges | 640/8 | €3,619 | €5,220 | +€1,601 | +44.3% |
| Non-recurring operating charges | 66A | €912 | - | -€912 | |
| Gross operating margin | 9900 | €116,484 | €58,085 | -€58,399 | -50.1% |
| Operating profit (loss) | 9901 | €61,645 | €26,605 | -€35,040 | -56.8% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €1,717 | €381 | -€1,336 | -77.8% |
| Recurring financial charges | 65 | €1,717 | €381 | -€1,336 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €59,928 | €26,246 | -€33,682 | -56.2% |
| Income taxes | 67/77 | €8,000 | -€255 | -€8,255 | |
| Profit (loss) for the period | 9904 | €51,928 | €26,501 | -€25,427 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,928 | €26,501 | -€25,427 | -49.0% |
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 18 October 2026 via checked.be.