TCI GROEP: what changed
Two fiscal 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.
TCI GROEP
Largest movements
- Tangible fixed assets -€14,914
down €14,914 (-25.1%), from €59,411 to €44,497
of which Leasing and similar rights: -€13,646
- Cash -€4,425
down €4,425 (-81.3%), from €5,445 to €1,019
mainly Debts after one year (-€13,988) and Other debts (-€8,676)
- Receivables within one year +€2,075
new in 2025: €2,075
- Deferred charges and accrued income -€1,695
down €1,695 (-23.8%), from €7,134 to €5,439
- Debts after one year -€13,988
down €13,988 (-40.0%), from €34,941 to €20,953
- Other debts -€8,676
down €8,676 (-100.0%), from €8,676 to €0
- Reserves +€4,308
up €4,308 (+61.8%), from €6,972 to €11,280
- Trade debts -€4,050
down €4,050 (-64.9%), from €6,237 to €2,187
- Tax, wage and social debts +€2,816
up €2,816 (+349.3%), from €806 to €3,623
- Gross operating margin +€5,436
up €5,436 (+22.5%), from €24,134 to €29,570
- Taxes +€2,010
up €2,010 (+249.3%), from €806 to €2,816
- Financial charges -€630
down €630 (-19.8%), from €3,191 to €2,561
- Other operating charges -€419
down €419 (-9.8%), from €4,291 to €3,871
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.
Cash bridge derived
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 | €71,990 | €53,030 | -€18,960 | -26.3% |
| Fixed assets | 21/28 | €59,411 | €44,497 | -€14,914 | -25.1% |
| Tangible fixed assets | 22/27 | €59,411 | €44,497 | -€14,914 | -25.1% |
| Plant, machinery and equipment | 23 | €1,626 | €1,194 | -€432 | -26.6% |
| Furniture and vehicles | 24 | €10,677 | €9,841 | -€836 | -7.8% |
| Leasing and similar rights | 25 | €47,108 | €33,461 | -€13,646 | -29.0% |
| Current assets | 29/58 | €12,579 | €8,533 | -€4,046 | -32.2% |
| Amounts receivable within one year | 40/41 | - | €2,075 | +€2,075 | |
| Other amounts receivable | 41 | - | €2,075 | +€2,075 | |
| Cash at bank and in hand | 54/58 | €5,445 | €1,019 | -€4,425 | -81.3% |
| Deferred charges and accrued income | 490/1 | €7,134 | €5,439 | -€1,695 | -23.8% |
| Total equity and liabilities | 10/49 | €71,990 | €53,030 | -€18,960 | -26.3% |
| Equity | 10/15 | €7,972 | €12,280 | +€4,308 | +54.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,972 | €11,280 | +€4,308 | +61.8% |
| Distributable reserves | 133 | €6,972 | €11,280 | +€4,308 | +61.8% |
| Amounts payable | 17/49 | €64,018 | €40,750 | -€23,268 | -36.3% |
| Amounts payable after more than one year | 17 | €34,941 | €20,953 | -€13,988 | -40.0% |
| Financial debts | 170/4 | €34,941 | €20,953 | -€13,988 | -40.0% |
| Amounts payable within one year | 42/48 | €29,077 | €19,797 | -€9,280 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €13,359 | €13,988 | +€630 | +4.7% |
| Trade debts | 44 | €6,237 | €2,187 | -€4,050 | -64.9% |
| Suppliers | 440/4 | €6,237 | €2,187 | -€4,050 | -64.9% |
| Taxes, remuneration and social security | 45 | €806 | €3,623 | +€2,816 | +349.3% |
| Taxes | 450/3 | €806 | €3,623 | +€2,816 | +349.3% |
| Other amounts payable | 47/48 | €8,676 | €0 | -€8,676 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,740 | €16,013 | +€273 | +1.7% |
| Other operating charges | 640/8 | €4,291 | €3,871 | -€419 | -9.8% |
| Gross operating margin | 9900 | €24,134 | €29,570 | +€5,436 | +22.5% |
| Operating profit (loss) | 9901 | €4,103 | €9,685 | +€5,582 | +136.0% |
| Financial charges | 65/66B | €3,191 | €2,561 | -€630 | -19.8% |
| Recurring financial charges | 65 | €3,191 | €2,561 | -€630 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €912 | €7,125 | +€6,213 | +681.1% |
| Income taxes | 67/77 | €806 | €2,816 | +€2,010 | +249.3% |
| Profit (loss) for the period | 9904 | €106 | €4,308 | +€4,202 | +3970.8% |
| Profit (loss) for the period to be appropriated | 9905 | €106 | €4,308 | +€4,202 | +3970.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.