TC MACHINES: 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 MACHINES
Largest movements
- Cash +€9,613
up €9,613 (+889%), from €1,081 to €10,694
mainly Net result for the year (+€15,995) and Depreciation (+€13,088)
- Tangible fixed assets -€7,643
down €7,643 (-17.4%), from €43,911 to €36,268
of which Furniture and vehicles: -€7,539
- Receivables within one year -€5,749
down €5,749 (-43.2%), from €13,312 to €7,563
of which Trade receivables: -€6,918
- Stocks and contracts -€5,017
no longer reported in 2025 (was €5,017)
- Deferred charges and accrued income -€1,867
no longer reported in 2025 (was €1,867)
- Reserves +€15,995
up €15,995 (+104%), from €15,417 to €31,411
- Debts after one year -€15,770
no longer reported in 2025 (was €15,770)
- Other debts -€12,959
down €12,959 (-75.5%), from €17,169 to €4,210
- Current portion of long-term debt -€9,422
no longer reported in 2025 (was €9,422)
- Tax, wage and social debts +€6,431
up €6,431 (+251%), from €2,560 to €8,992
of which Taxes: +€7,992
- Gross operating margin +€16,163
up €16,163 (+68.4%), from €23,623 to €39,786
- Taxes +€6,840
up €6,840 (+684%), from €1,000 to €7,840
- Depreciation +€3,892
up €3,892 (+42.3%), from €9,196 to €13,088
- Financial charges -€634
down €634 (-34.5%), from €1,836 to €1,202
- Other operating charges -€493
down €493 (-20.9%), from €2,361 to €1,867
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 | €65,683 | €54,525 | -€11,158 | -17.0% |
| Fixed assets | 21/28 | €44,406 | €36,268 | -€8,138 | -18.3% |
| Intangible fixed assets | 21 | €495 | - | -€495 | |
| Tangible fixed assets | 22/27 | €43,911 | €36,268 | -€7,643 | -17.4% |
| Plant, machinery and equipment | 23 | €11,340 | €11,236 | -€104 | -0.9% |
| Furniture and vehicles | 24 | €32,571 | €25,032 | -€7,539 | -23.1% |
| Current assets | 29/58 | €21,277 | €18,257 | -€3,020 | -14.2% |
| Stocks and contracts in progress | 3 | €5,017 | - | -€5,017 | |
| Stocks | 30/36 | €5,017 | - | -€5,017 | |
| Amounts receivable within one year | 40/41 | €13,312 | €7,563 | -€5,749 | -43.2% |
| Trade receivables | 40 | €9,573 | €2,655 | -€6,918 | -72.3% |
| Other amounts receivable | 41 | €3,739 | €4,908 | +€1,169 | +31.3% |
| Cash at bank and in hand | 54/58 | €1,081 | €10,694 | +€9,613 | +889% |
| Deferred charges and accrued income | 490/1 | €1,867 | - | -€1,867 | |
| Total equity and liabilities | 10/49 | €65,683 | €54,525 | -€11,158 | -17.0% |
| Equity | 10/15 | €16,417 | €32,411 | +€15,995 | +97.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €15,417 | €31,411 | +€15,995 | +104% |
| Distributable reserves | 133 | €15,417 | €31,411 | +€15,995 | +104% |
| Provisions and deferred taxes | 16 | - | €5,000 | +€5,000 | |
| Provisions for liabilities and charges | 160/5 | - | €5,000 | +€5,000 | |
| Other liabilities and charges | 164/5 | - | €5,000 | +€5,000 | |
| Amounts payable | 17/49 | €49,266 | €17,114 | -€32,152 | -65.3% |
| Amounts payable after more than one year | 17 | €15,770 | - | -€15,770 | |
| Financial debts | 170/4 | €15,770 | - | -€15,770 | |
| Amounts payable within one year | 42/48 | €32,722 | €16,339 | -€16,383 | -50.1% |
| Current portion of amounts payable after more than one year | 42 | €9,422 | - | -€9,422 | |
| Trade debts | 44 | €3,571 | €3,137 | -€433 | -12.1% |
| Suppliers | 440/4 | €3,571 | €3,137 | -€433 | -12.1% |
| Taxes, remuneration and social security | 45 | €2,560 | €8,992 | +€6,431 | +251% |
| Taxes | 450/3 | €1,000 | €8,992 | +€7,992 | +799% |
| Remuneration and social security | 454/9 | €1,560 | - | -€1,560 | |
| Other amounts payable | 47/48 | €17,169 | €4,210 | -€12,959 | -75.5% |
| Accrued charges and deferred income | 492/3 | €775 | €775 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,196 | €13,088 | +€3,892 | +42.3% |
| Other operating charges | 640/8 | €2,361 | €1,867 | -€493 | -20.9% |
| Gross operating margin | 9900 | €23,623 | €39,786 | +€16,163 | +68.4% |
| Operating profit (loss) | 9901 | €12,066 | €24,831 | +€12,765 | +106% |
| Financial income | 75/76B | €106 | €205 | +€100 | +94.2% |
| Recurring financial income | 75 | €106 | €205 | +€100 | +94.2% |
| Financial charges | 65/66B | €1,836 | €1,202 | -€634 | -34.5% |
| Recurring financial charges | 65 | €1,836 | €1,202 | -€634 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €10,336 | €23,834 | +€13,499 | +131% |
| Income taxes | 67/77 | €1,000 | €7,840 | +€6,840 | +684% |
| Profit (loss) for the period | 9904 | €9,336 | €15,995 | +€6,659 | +71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,336 | €15,995 | +€6,659 | +71.3% |
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 27 October 2026 via checked.be.