TCA HOME PROJECT: what changed
TCA HOME PROJECT
Largest movements
- Cash -€9,759
down €9,759 (-63.6%), from €15,339 to €5,579
mainly Net result for the year (-€10,188) and Trade debts (-€6,496)
- Receivables within one year +€3,342
up €3,342 (+41.0%), from €8,145 to €11,487
of which Trade receivables: +€5,654
- Tangible fixed assets +€1,600
up €1,600 (+31.6%), from €5,062 to €6,661
of which Plant, machinery and equipment: +€1,952
- Financial fixed assets +€330
up €330 (+41.8%), from €790 to €1,120
- Debts after one year +€13,073
up €13,073 (+585%), from €2,236 to €15,309
- Profit (loss) carried forward -€10,188
down €10,188 (-308%), from -€3,307 to -€13,495
- Trade debts -€6,496
down €6,496 (-53.4%), from €12,164 to €5,667
- Current portion of long-term debt +€3,685
new in 2025: €3,685
- Short-term financial debts -€3,102
down €3,102 (-67.8%), from €4,576 to €1,474
- Purchases and services +€31,593
up €31,593 (+61.9%), from €51,069 to €82,663
- Turnover +€19,800
up €19,800 (+30.9%), from €64,044 to €83,843
- Gross operating margin -€11,847
down €11,847 (-79.5%), from €14,898 to €3,051
- Staff costs +€7,900
new in 2025: €7,900
- Taxes +€1,409
up €1,409, from -€1,221 to €188
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,336 | €24,848 | -€4,488 | -15.3% |
| Fixed assets | 21/28 | €5,852 | €7,781 | +€1,930 | +33.0% |
| Tangible fixed assets | 22/27 | €5,062 | €6,661 | +€1,600 | +31.6% |
| Plant, machinery and equipment | 23 | €1,097 | €3,049 | +€1,952 | +178% |
| Furniture and vehicles | 24 | €741 | €1,708 | +€966 | +130% |
| Other tangible fixed assets | 26 | €3,223 | €1,905 | -€1,318 | -40.9% |
| Financial fixed assets | 28 | €790 | €1,120 | +€330 | +41.8% |
| Current assets | 29/58 | €23,484 | €17,067 | -€6,417 | -27.3% |
| Amounts receivable within one year | 40/41 | €8,145 | €11,487 | +€3,342 | +41.0% |
| Trade receivables | 40 | €5,833 | €11,487 | +€5,654 | +96.9% |
| Other amounts receivable | 41 | €2,312 | - | -€2,312 | |
| Cash at bank and in hand | 54/58 | €15,339 | €5,579 | -€9,759 | -63.6% |
| Total equity and liabilities | 10/49 | €29,336 | €24,848 | -€4,488 | -15.3% |
| Equity | 10/15 | €4,121 | -€6,067 | -€10,188 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,228 | €1,228 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,228 | - | -€1,228 | |
| Legal reserve | 130 | €1,228 | - | -€1,228 | |
| Distributable reserves | 133 | - | €1,228 | +€1,228 | |
| Profit (loss) carried forward | 14 | -€3,307 | -€13,495 | -€10,188 | -308% |
| Amounts payable | 17/49 | €25,214 | €30,915 | +€5,701 | +22.6% |
| Amounts payable after more than one year | 17 | €2,236 | €15,309 | +€13,073 | +585% |
| Financial debts | 170/4 | €2,236 | €15,309 | +€13,073 | +585% |
| Amounts payable within one year | 42/48 | €22,978 | €15,606 | -€7,372 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | - | €3,685 | +€3,685 | |
| Financial debts | 43 | €4,576 | €1,474 | -€3,102 | -67.8% |
| Credit institutions | 430/8 | €4,576 | €1,474 | -€3,102 | -67.8% |
| Trade debts | 44 | €12,164 | €5,667 | -€6,496 | -53.4% |
| Suppliers | 440/4 | €12,164 | €5,667 | -€6,496 | -53.4% |
| Taxes, remuneration and social security | 45 | €6,239 | €4,780 | -€1,459 | -23.4% |
| Taxes | 450/3 | €6,239 | €4,780 | -€1,459 | -23.4% |
| Turnover | 70 | €64,044 | €83,843 | +€19,800 | +30.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,069 | €82,663 | +€31,593 | +61.9% |
| Remuneration, social security and pensions | 62 | - | €7,900 | +€7,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,954 | €2,819 | +€865 | +44.2% |
| Other operating charges | 640/8 | €295 | €301 | +€6 | +2.0% |
| Non-recurring operating charges | 66A | €1,815 | - | -€1,815 | |
| Gross operating margin | 9900 | €14,898 | €3,051 | -€11,847 | -79.5% |
| Operating profit (loss) | 9901 | €10,833 | -€7,969 | -€18,803 | |
| Financial income | 75/76B | €8 | €94 | +€86 | +1,076% |
| Recurring financial income | 75 | €8 | €94 | +€86 | +1,076% |
| Financial charges | 65/66B | €1,518 | €2,125 | +€607 | +40.0% |
| Recurring financial charges | 65 | €1,518 | €2,125 | +€607 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €9,323 | -€10,001 | -€19,324 | |
| Income taxes | 67/77 | -€1,221 | €188 | +€1,409 | |
| Profit (loss) for the period | 9904 | €10,545 | -€10,188 | -€20,733 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,545 | -€10,188 | -€20,733 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.