TC Performance: 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 Performance
Largest movements
- Cash -€2,227
down €2,227 (-16.9%), from €13,201 to €10,974
mainly Other debts (-€8,325)
- Receivables within one year -€1,321
down €1,321 (-9.6%), from €13,737 to €12,416
of which Trade receivables: -€2,005
- Tangible fixed assets -€456
down €456 (-68.7%), from €663 to €207
- Deferred charges and accrued income -€356
no longer reported in 2025 (was €356)
- Other debts -€8,325
down €8,325 (-66.7%), from €12,480 to €4,155
- Tax, wage and social debts +€3,141
up €3,141 (+202%), from €1,556 to €4,698
- Profit (loss) carried forward +€544
up €544 (+8.8%), from -€6,156 to -€5,612
- Trade debts +€280
up €280 (+10.4%), from €2,701 to €2,981
- Gross operating margin +€8,950
up €8,950, from -€6,698 to €2,252
- Depreciation -€227
down €227 (-33.3%), from €683 to €456
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 | €27,958 | €23,598 | -€4,360 | -15.6% |
| Fixed assets | 21/28 | €663 | €207 | -€456 | -68.7% |
| Tangible fixed assets | 22/27 | €663 | €207 | -€456 | -68.7% |
| Furniture and vehicles | 24 | €663 | €207 | -€456 | -68.7% |
| Current assets | 29/58 | €27,295 | €23,391 | -€3,904 | -14.3% |
| Amounts receivable within one year | 40/41 | €13,737 | €12,416 | -€1,321 | -9.6% |
| Trade receivables | 40 | €5,274 | €3,269 | -€2,005 | -38.0% |
| Other amounts receivable | 41 | €8,463 | €9,147 | +€684 | +8.1% |
| Cash at bank and in hand | 54/58 | €13,201 | €10,974 | -€2,227 | -16.9% |
| Deferred charges and accrued income | 490/1 | €356 | - | -€356 | |
| Total equity and liabilities | 10/49 | €27,958 | €23,598 | -€4,360 | -15.6% |
| Equity | 10/15 | €11,221 | €11,764 | +€544 | +4.8% |
| Reserves | 13 | €17,376 | €17,376 | = | 0.0% |
| Distributable reserves | 133 | €17,376 | €17,376 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,156 | -€5,612 | +€544 | +8.8% |
| Amounts payable | 17/49 | €16,737 | €11,834 | -€4,904 | -29.3% |
| Amounts payable within one year | 42/48 | €16,737 | €11,834 | -€4,904 | -29.3% |
| Trade debts | 44 | €2,701 | €2,981 | +€280 | +10.4% |
| Suppliers | 440/4 | €2,701 | €2,981 | +€280 | +10.4% |
| Taxes, remuneration and social security | 45 | €1,556 | €4,698 | +€3,141 | +202% |
| Taxes | 450/3 | €1,556 | €4,698 | +€3,141 | +202% |
| Other amounts payable | 47/48 | €12,480 | €4,155 | -€8,325 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €683 | €456 | -€227 | -33.3% |
| Other operating charges | 640/8 | €618 | €638 | +€20 | +3.2% |
| Gross operating margin | 9900 | -€6,698 | €2,252 | +€8,950 | |
| Operating profit (loss) | 9901 | -€7,999 | €1,158 | +€9,157 | |
| Financial income | 75/76B | €59 | €2 | -€57 | -95.8% |
| Recurring financial income | 75 | €59 | €2 | -€57 | -95.8% |
| Financial charges | 65/66B | €445 | €427 | -€18 | -4.1% |
| Recurring financial charges | 65 | €100 | €113 | +€13 | +13.2% |
| Non-recurring financial charges | 66B | €345 | €314 | -€31 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,384 | €734 | +€9,118 | |
| Income taxes | 67/77 | €181 | €190 | +€9 | +5.1% |
| Profit (loss) for the period | 9904 | -€8,566 | €544 | +€9,109 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,566 | €544 | +€9,109 |
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 15 October 2026 via checked.be.