TDC: what changed
TDC
Largest movements
- Cash +€53,477
up €53,477 (+90.7%), from €58,947 to €112,424
mainly Net result for the year (+€89,200) and Receivables within one year (+€53,312)
- Receivables within one year -€53,312
down €53,312 (-99.5%), from €53,579 to €267
of which Trade receivables: -€53,579
- Profit (loss) carried forward +€89,200
up €89,200 (+17.2%), from €517,743 to €606,943
- Debts after one year -€70,095
down €70,095 (-25.3%), from €276,509 to €206,414
- Current portion of long-term debt -€13,071
down €13,071 (-15.7%), from €83,166 to €70,095
- Gross operating margin -€6,714
down €6,714 (-4.9%), from €138,131 to €131,416
- Financial charges -€3,426
down €3,426 (-22.1%), from €15,521 to €12,096
- Taxes -€1,535
down €1,535 (-4.9%), from €31,269 to €29,733
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 | €962,997 | €963,162 | +€165 | 0.0% |
| Fixed assets | 21/28 | €850,472 | €850,472 | = | 0.0% |
| Financial fixed assets | 28 | €850,472 | €850,472 | = | 0.0% |
| Current assets | 29/58 | €112,526 | €112,691 | +€165 | +0.1% |
| Amounts receivable within one year | 40/41 | €53,579 | €267 | -€53,312 | -99.5% |
| Trade receivables | 40 | €53,579 | - | -€53,579 | |
| Other amounts receivable | 41 | - | €267 | +€267 | |
| Cash at bank and in hand | 54/58 | €58,947 | €112,424 | +€53,477 | +90.7% |
| Total equity and liabilities | 10/49 | €962,997 | €963,162 | +€165 | 0.0% |
| Equity | 10/15 | €539,743 | €628,943 | +€89,200 | +16.5% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €517,743 | €606,943 | +€89,200 | +17.2% |
| Amounts payable | 17/49 | €423,255 | €334,219 | -€89,035 | -21.0% |
| Amounts payable after more than one year | 17 | €276,509 | €206,414 | -€70,095 | -25.3% |
| Financial debts | 170/4 | €276,509 | €206,414 | -€70,095 | -25.3% |
| Amounts payable within one year | 42/48 | €146,746 | €127,805 | -€18,941 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €83,166 | €70,095 | -€13,071 | -15.7% |
| Trade debts | 44 | €411 | €1,137 | +€725 | +176% |
| Suppliers | 440/4 | €411 | €1,137 | +€725 | +176% |
| Taxes, remuneration and social security | 45 | €15,825 | €9,230 | -€6,595 | -41.7% |
| Taxes | 450/3 | €12,925 | €6,330 | -€6,595 | -51.0% |
| Remuneration and social security | 454/9 | €2,900 | €2,900 | = | 0.0% |
| Other amounts payable | 47/48 | €47,344 | €47,344 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €138,131 | €131,416 | -€6,714 | -4.9% |
| Operating profit (loss) | 9901 | €137,746 | €131,029 | -€6,717 | -4.9% |
| Financial charges | 65/66B | €15,521 | €12,096 | -€3,426 | -22.1% |
| Recurring financial charges | 65 | €15,521 | €12,096 | -€3,426 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €122,225 | €118,934 | -€3,292 | -2.7% |
| Income taxes | 67/77 | €31,269 | €29,733 | -€1,535 | -4.9% |
| Profit (loss) for the period | 9904 | €90,956 | €89,200 | -€1,756 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €90,956 | €89,200 | -€1,756 | -1.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.