TCL Holding: 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.
TCL Holding
Largest movements
- Cash -€698
down €698 (-33.4%), from €2,090 to €1,392
mainly Net result for the year (-€614) and Receivables within one year (-€84)
- Receivables within one year +€84
up €84 (+9.3%), from €900 to €984
- Profit (loss) carried forward -€614
down €614 (-13.1%), from -€4,694 to -€5,308
- Gross operating margin +€78
up €78 (+16.4%), from -€477 to -€399
- Financial charges +€45
up €45 (+42.9%), from €105 to €150
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 | €2,990 | €2,375 | -€614 | -20.5% |
| Current assets | 29/58 | €2,990 | €2,375 | -€614 | -20.5% |
| Amounts receivable within one year | 40/41 | €900 | €984 | +€84 | +9.3% |
| Other amounts receivable | 41 | €900 | €984 | +€84 | +9.3% |
| Cash at bank and in hand | 54/58 | €2,090 | €1,392 | -€698 | -33.4% |
| Total equity and liabilities | 10/49 | €2,990 | €2,375 | -€614 | -20.5% |
| Equity | 10/15 | €1,306 | €692 | -€614 | -47.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,694 | -€5,308 | -€614 | -13.1% |
| Amounts payable | 17/49 | €1,684 | €1,684 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,684 | €1,684 | = | 0.0% |
| Trade debts | 44 | €1,684 | €1,684 | = | 0.0% |
| Suppliers | 440/4 | €1,684 | €1,684 | = | 0.0% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | -€477 | -€399 | +€78 | +16.4% |
| Operating profit (loss) | 9901 | -€541 | -€464 | +€76 | +14.1% |
| Financial charges | 65/66B | €105 | €150 | +€45 | +42.9% |
| Recurring financial charges | 65 | €105 | €150 | +€45 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | -€646 | -€614 | +€31 | +4.9% |
| Profit (loss) for the period | 9904 | -€646 | -€614 | +€31 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€646 | -€614 | +€31 | +4.9% |
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 20 October 2026 via checked.be.