TCCP: what changed
TCCP
Largest movements
- Cash -€42,148
down €42,148 (-83.8%), from €50,306 to €8,158
mainly Net result for the year (-€33,947) and Trade debts (-€19,127)
- Receivables within one year +€18,968
up €18,968 (+68.3%), from €27,779 to €46,746
of which Trade receivables: +€10,636
- Tangible fixed assets -€13,968
down €13,968 (-27.8%), from €50,214 to €36,246
of which Furniture and vehicles: -€13,968
- Deferred charges and accrued income -€12,006
down €12,006 (-81.4%), from €14,749 to €2,743
- Profit (loss) carried forward -€33,947
down €33,947 (-1,005%), from -€3,378 to -€37,325
- Trade debts -€19,127
down €19,127 (-93.2%), from €20,519 to €1,392
- Short-term financial debts +€3,775
new in 2025: €3,775
of which Credit institutions: +€2,382
- Gross operating margin -€46,039
down €46,039, from €33,197 to -€12,842
- Depreciation -€14,901
down €14,901 (-43.4%), from €34,312 to €19,410
- Other operating charges +€785
up €785 (+117%), from €673 to €1,459
- Taxes -€681
down €681 (-61.5%), from €1,107 to €426
- Financial income +€554
up €554 (+513%), from €108 to €662
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 | €143,048 | €93,893 | -€49,155 | -34.4% |
| Fixed assets | 21/28 | €50,214 | €36,246 | -€13,968 | -27.8% |
| Tangible fixed assets | 22/27 | €50,214 | €36,246 | -€13,968 | -27.8% |
| Furniture and vehicles | 24 | €50,214 | €36,246 | -€13,968 | -27.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €92,834 | €57,648 | -€35,186 | -37.9% |
| Amounts receivable within one year | 40/41 | €27,779 | €46,746 | +€18,968 | +68.3% |
| Trade receivables | 40 | €1,319 | €11,955 | +€10,636 | +806% |
| Other amounts receivable | 41 | €26,460 | €34,791 | +€8,332 | +31.5% |
| Cash at bank and in hand | 54/58 | €50,306 | €8,158 | -€42,148 | -83.8% |
| Deferred charges and accrued income | 490/1 | €14,749 | €2,743 | -€12,006 | -81.4% |
| Total equity and liabilities | 10/49 | €143,048 | €93,893 | -€49,155 | -34.4% |
| Equity | 10/15 | €112,994 | €79,046 | -€33,947 | -30.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €103,972 | €103,972 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €102,117 | €102,117 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,378 | -€37,325 | -€33,947 | -1,005% |
| Amounts payable | 17/49 | €30,054 | €14,847 | -€15,208 | -50.6% |
| Amounts payable within one year | 42/48 | €29,909 | €14,557 | -€15,353 | -51.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €3,775 | +€3,775 | |
| Credit institutions | 430/8 | - | €2,382 | +€2,382 | |
| Other loans | 439 | - | €1,393 | +€1,393 | |
| Trade debts | 44 | €20,519 | €1,392 | -€19,127 | -93.2% |
| Suppliers | 440/4 | €20,519 | €1,392 | -€19,127 | -93.2% |
| Taxes, remuneration and social security | 45 | €9,390 | €9,390 | = | 0.0% |
| Taxes | 450/3 | €9,390 | €9,390 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €145 | €290 | +€145 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,312 | €19,410 | -€14,901 | -43.4% |
| Other operating charges | 640/8 | €673 | €1,459 | +€785 | +117% |
| Gross operating margin | 9900 | €33,197 | -€12,842 | -€46,039 | |
| Operating profit (loss) | 9901 | -€1,788 | -€33,711 | -€31,923 | -1,785% |
| Financial income | 75/76B | €108 | €662 | +€554 | +513% |
| Recurring financial income | 75 | €108 | €662 | +€554 | +513% |
| Financial charges | 65/66B | €591 | €472 | -€119 | -20.1% |
| Recurring financial charges | 65 | €591 | €472 | -€119 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,271 | -€33,521 | -€31,250 | -1,376% |
| Income taxes | 67/77 | €1,107 | €426 | -€681 | -61.5% |
| Profit (loss) for the period | 9904 | -€3,378 | -€33,947 | -€30,569 | -905% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,378 | -€33,947 | -€30,569 | -905% |
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 8 November 2026 via checked.be.