TCJ IMMOBILIER: what changed
TCJ IMMOBILIER
Largest movements
- Receivables after one year -€100,000
no longer reported in 2025 (was €100,000)
- Cash -€6,551
down €6,551 (-100.0%), from €6,552 to €1
mainly Contributions, distributions and other (-€99,999) and Net result for the year (-€5,798)
- Contributions -€99,999
down €99,999 (-100.0%), from €100,000 to €1
- Profit (loss) carried forward -€5,798
down €5,798 (-3.8%), from -€152,682 to -€158,480
- Staff costs -€80,112
no longer reported in 2025 (was €80,112)
- Gross operating margin -€3,068
down €3,068 (-125%), from -€2,451 to -€5,519
- Depreciation -€1,225
no longer reported in 2025 (was €1,225)
- Financial income -€1,000
no longer reported in 2025 (was €1,000)
- Financial charges -€564
down €564 (-81.4%), from €693 to €129
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 | €106,904 | €521 | -€106,383 | -99.5% |
| Current assets | 29/58 | €106,904 | €521 | -€106,383 | -99.5% |
| Amounts receivable after more than one year | 29 | €100,000 | - | -€100,000 | |
| Other amounts receivable | 291 | €100,000 | - | -€100,000 | |
| Amounts receivable within one year | 40/41 | €352 | €520 | +€168 | +47.7% |
| Other amounts receivable | 41 | €352 | €520 | +€168 | +47.7% |
| Cash at bank and in hand | 54/58 | €6,552 | €1 | -€6,551 | -100.0% |
| Total equity and liabilities | 10/49 | €106,904 | €521 | -€106,383 | -99.5% |
| Equity | 10/15 | €106,318 | €521 | -€105,797 | -99.5% |
| Contributions | 10/11 | €100,000 | €1 | -€99,999 | -100.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Reserves | 13 | €159,000 | €159,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | - | -€9,000 | |
| Reserves not available under the articles | 1311 | €9,000 | - | -€9,000 | |
| Distributable reserves | 133 | €150,000 | €159,000 | +€9,000 | +6.0% |
| Profit (loss) carried forward | 14 | -€152,682 | -€158,480 | -€5,798 | -3.8% |
| Amounts payable | 17/49 | €586 | - | -€586 | |
| Amounts payable within one year | 42/48 | €586 | - | -€586 | |
| Other amounts payable | 47/48 | €586 | - | -€586 | |
| Remuneration, social security and pensions | 62 | €80,112 | - | -€80,112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,225 | - | -€1,225 | |
| Other operating charges | 640/8 | €387 | €150 | -€237 | -61.2% |
| Gross operating margin | 9900 | -€2,451 | -€5,519 | -€3,068 | -125% |
| Operating profit (loss) | 9901 | -€84,175 | -€5,669 | +€78,506 | +93.3% |
| Financial income | 75/76B | €1,000 | - | -€1,000 | |
| Recurring financial income | 75 | €1,000 | - | -€1,000 | |
| Financial charges | 65/66B | €693 | €129 | -€564 | -81.4% |
| Recurring financial charges | 65 | €693 | €129 | -€564 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | -€83,868 | -€5,798 | +€78,070 | +93.1% |
| Profit (loss) for the period | 9904 | -€83,868 | -€5,798 | +€78,070 | +93.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,868 | -€5,798 | +€78,070 | +93.1% |
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 2 November 2026 via checked.be.