Tcompany: 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.
Tcompany
Largest movements
- Receivables within one year -€7,461
down €7,461 (-29.5%), from €25,293 to €17,832
of which Trade receivables: -€8,527
- Tangible fixed assets -€2,840
down €2,840 (-15.8%), from €17,933 to €15,094
of which Furniture and vehicles: -€4,960
- Cash -€2,728
down €2,728 (-11.7%), from €23,364 to €20,636
mainly Net result for the year (-€15,863) and Contributions, distributions and other (-€4,334)
- Deferred charges and accrued income +€1,860
up €1,860 (+442%), from €421 to €2,281
- Current investments +€1,380
up €1,380 (+2.8%), from €50,000 to €51,380
- Reserves -€20,197
down €20,197 (-29.3%), from €68,829 to €48,633
- Other debts +€6,294
up €6,294 (+15.0%), from €41,999 to €48,293
- Trade debts +€2,712
up €2,712 (+124%), from €2,186 to €4,898
- Gross operating margin -€27,860
down €27,860 (-78.4%), from €35,538 to €7,678
- Taxes -€3,558
down €3,558 (-59.7%), from €5,964 to €2,405
- Financial charges +€2,369
up €2,369 (+106%), from €2,230 to €4,599
- Financial income +€2,354
up €2,354, from €0 to €2,354
- Other operating charges +€1,358
up €1,358 (+186%), from €729 to €2,088
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 | €117,011 | €107,223 | -€9,788 | -8.4% |
| Fixed assets | 21/28 | €17,933 | €15,094 | -€2,840 | -15.8% |
| Tangible fixed assets | 22/27 | €17,933 | €15,094 | -€2,840 | -15.8% |
| Furniture and vehicles | 24 | €17,933 | €12,974 | -€4,960 | -27.7% |
| Other tangible fixed assets | 26 | - | €2,120 | +€2,120 | |
| Current assets | 29/58 | €99,077 | €92,129 | -€6,948 | -7.0% |
| Amounts receivable within one year | 40/41 | €25,293 | €17,832 | -€7,461 | -29.5% |
| Trade receivables | 40 | €20,022 | €11,495 | -€8,527 | -42.6% |
| Other amounts receivable | 41 | €5,271 | €6,337 | +€1,066 | +20.2% |
| Current investments | 50/53 | €50,000 | €51,380 | +€1,380 | +2.8% |
| Cash at bank and in hand | 54/58 | €23,364 | €20,636 | -€2,728 | -11.7% |
| Deferred charges and accrued income | 490/1 | €421 | €2,281 | +€1,860 | +442% |
| Total equity and liabilities | 10/49 | €117,011 | €107,223 | -€9,788 | -8.4% |
| Equity | 10/15 | €69,829 | €49,633 | -€20,197 | -28.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €68,829 | €48,633 | -€20,197 | -29.3% |
| Distributable reserves | 133 | €68,829 | €48,633 | -€20,197 | -29.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,181 | €57,590 | +€10,409 | +22.1% |
| Amounts payable within one year | 42/48 | €45,066 | €54,639 | +€9,573 | +21.2% |
| Trade debts | 44 | €2,186 | €4,898 | +€2,712 | +124% |
| Suppliers | 440/4 | €2,186 | €4,898 | +€2,712 | +124% |
| Taxes, remuneration and social security | 45 | €881 | €1,448 | +€567 | +64.4% |
| Taxes | 450/3 | €881 | €1,448 | +€567 | +64.4% |
| Other amounts payable | 47/48 | €41,999 | €48,293 | +€6,294 | +15.0% |
| Accrued charges and deferred income | 492/3 | €2,115 | €2,951 | +€836 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,699 | €4,893 | +€194 | +4.1% |
| Other operating charges | 640/8 | €729 | €2,088 | +€1,358 | +186% |
| Non-recurring operating charges | 66A | - | €11,909 | +€11,909 | |
| Gross operating margin | 9900 | €35,538 | €7,678 | -€27,860 | -78.4% |
| Operating profit (loss) | 9901 | €30,109 | -€11,212 | -€41,321 | |
| Financial income | 75/76B | €0 | €2,354 | +€2,354 | |
| Recurring financial income | 75 | €0 | €2,354 | +€2,354 | |
| Financial charges | 65/66B | €2,230 | €4,599 | +€2,369 | +106% |
| Recurring financial charges | 65 | €2,230 | €4,599 | +€2,369 | +106% |
| Profit (loss) for the period before taxes | 9903 | €27,878 | -€13,457 | -€41,336 | |
| Income taxes | 67/77 | €5,964 | €2,405 | -€3,558 | -59.7% |
| Profit (loss) for the period | 9904 | €21,915 | -€15,863 | -€37,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,915 | -€15,863 | -€37,777 |
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 23 October 2026 via checked.be.