TC MACHINERY: 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 MACHINERY
Largest movements
- Tangible fixed assets +€23,925
up €23,925 (+805%), from €2,974 to €26,899
of which Leasing and similar rights: +€23,739
- Cash -€16,698
down €16,698 (-31.1%), from €53,739 to €37,041
mainly Other debts (-€44,355) and Investment in fixed assets (net) (-€43,631)
- Stocks and contracts -€14,524
down €14,524 (-40.7%), from €35,711 to €21,187
- Receivables within one year +€7,617
up €7,617 (+28.4%), from €26,852 to €34,469
of which Other amounts receivable: +€11,259
- Intangible fixed assets +€5,314
new in 2025: €5,314
- Other debts -€44,355
down €44,355 (-100%), from €44,355 to €0
- Debts after one year +€13,058
new in 2025: €13,058
- Tax, wage and social debts +€12,857
up €12,857 (+58.6%), from €21,950 to €34,807
of which Remuneration and social security: +€17,678
- Trade debts +€10,334
up €10,334 (+273%), from €3,785 to €14,118
- Current portion of long-term debt +€8,848
new in 2025: €8,848
- Gross operating margin +€133,640
up €133,640 (+174%), from €76,958 to €210,598
- Staff costs +€114,539
up €114,539 (+171%), from €67,014 to €181,553
- Depreciation +€13,182
up €13,182 (+914%), from €1,442 to €14,624
- Taxes +€2,895
up €2,895 (+110%), from €2,620 to €5,515
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 | €120,294 | €126,214 | +€5,920 | +4.9% |
| Formation expenses | 20 | €252 | €19 | -€232 | -92.3% |
| Fixed assets | 21/28 | €2,974 | €32,214 | +€29,240 | +983% |
| Intangible fixed assets | 21 | - | €5,314 | +€5,314 | |
| Tangible fixed assets | 22/27 | €2,974 | €26,899 | +€23,925 | +805% |
| Plant, machinery and equipment | 23 | €1,047 | €388 | -€659 | -63.0% |
| Furniture and vehicles | 24 | €1,927 | €2,773 | +€846 | +43.9% |
| Leasing and similar rights | 25 | - | €23,739 | +€23,739 | |
| Current assets | 29/58 | €117,068 | €93,981 | -€23,088 | -19.7% |
| Stocks and contracts in progress | 3 | €35,711 | €21,187 | -€14,524 | -40.7% |
| Stocks | 30/36 | €35,711 | €21,187 | -€14,524 | -40.7% |
| Amounts receivable within one year | 40/41 | €26,852 | €34,469 | +€7,617 | +28.4% |
| Trade receivables | 40 | €26,413 | €22,771 | -€3,642 | -13.8% |
| Other amounts receivable | 41 | €439 | €11,698 | +€11,259 | +2,564% |
| Cash at bank and in hand | 54/58 | €53,739 | €37,041 | -€16,698 | -31.1% |
| Deferred charges and accrued income | 490/1 | €766 | €1,283 | +€517 | +67.6% |
| Total equity and liabilities | 10/49 | €120,294 | €126,214 | +€5,920 | +4.9% |
| Equity | 10/15 | €49,705 | €54,602 | +€4,896 | +9.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €24,705 | €29,602 | +€4,896 | +19.8% |
| Distributable reserves | 133 | €24,705 | €29,602 | +€4,896 | +19.8% |
| Amounts payable | 17/49 | €70,589 | €71,612 | +€1,023 | +1.4% |
| Amounts payable after more than one year | 17 | - | €13,058 | +€13,058 | |
| Financial debts | 170/4 | - | €13,058 | +€13,058 | |
| Amounts payable within one year | 42/48 | €70,089 | €57,773 | -€12,316 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,848 | +€8,848 | |
| Trade debts | 44 | €3,785 | €14,118 | +€10,334 | +273% |
| Suppliers | 440/4 | €3,785 | €14,118 | +€10,334 | +273% |
| Taxes, remuneration and social security | 45 | €21,950 | €34,807 | +€12,857 | +58.6% |
| Taxes | 450/3 | €12,489 | €7,669 | -€4,821 | -38.6% |
| Remuneration and social security | 454/9 | €9,460 | €27,138 | +€17,678 | +187% |
| Other amounts payable | 47/48 | €44,355 | €0 | -€44,355 | -100% |
| Accrued charges and deferred income | 492/3 | €500 | €781 | +€281 | +56.2% |
| Remuneration, social security and pensions | 62 | €67,014 | €181,553 | +€114,539 | +171% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,442 | €14,624 | +€13,182 | +914% |
| Other operating charges | 640/8 | €681 | €751 | +€70 | +10.2% |
| Gross operating margin | 9900 | €76,958 | €210,598 | +€133,640 | +174% |
| Operating profit (loss) | 9901 | €7,821 | €13,670 | +€5,849 | +74.8% |
| Financial charges | 65/66B | €3,154 | €3,259 | +€104 | +3.3% |
| Recurring financial charges | 65 | €3,154 | €3,259 | +€104 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €4,667 | €10,411 | +€5,745 | +123% |
| Income taxes | 67/77 | €2,620 | €5,515 | +€2,895 | +110% |
| Profit (loss) for the period | 9904 | €2,046 | €4,896 | +€2,850 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €2,046 | €4,896 | +€2,850 | +139% |
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 30 October 2026 via checked.be.