TDI CONSTRUCT: 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.
TDI CONSTRUCT
Largest movements
- Cash -€6,216
down €6,216 (-40.1%), from €15,510 to €9,294
mainly Other debts (-€3,234) and Tax, wage and social debts (-€2,465)
- Stocks and contracts +€2,220
up €2,220 (+13.2%), from €16,780 to €19,000
- Receivables within one year -€729
down €729 (-55.6%), from €1,312 to €582
- Other debts -€3,234
no longer reported in 2025 (was €3,234)
- Tax, wage and social debts -€2,465
down €2,465 (-74.8%), from €3,296 to €831
- Profit (loss) carried forward +€925
up €925 (+3.7%), from €24,755 to €25,680
- Gross operating margin -€15,408
down €15,408 (-88.1%), from €17,482 to €2,074
- Taxes -€2,790
down €2,790 (-81.1%), from €3,442 to €652
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 | €33,602 | €28,876 | -€4,726 | -14.1% |
| Current assets | 29/58 | €33,602 | €28,876 | -€4,726 | -14.1% |
| Stocks and contracts in progress | 3 | €16,780 | €19,000 | +€2,220 | +13.2% |
| Contracts in progress | 37 | €16,780 | €19,000 | +€2,220 | +13.2% |
| Amounts receivable within one year | 40/41 | €1,312 | €582 | -€729 | -55.6% |
| Other amounts receivable | 41 | €1,312 | €582 | -€729 | -55.6% |
| Cash at bank and in hand | 54/58 | €15,510 | €9,294 | -€6,216 | -40.1% |
| Total equity and liabilities | 10/49 | €33,602 | €28,876 | -€4,726 | -14.1% |
| Equity | 10/15 | €26,755 | €27,680 | +€925 | +3.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,755 | €25,680 | +€925 | +3.7% |
| Amounts payable | 17/49 | €6,847 | €1,196 | -€5,651 | -82.5% |
| Amounts payable within one year | 42/48 | €6,847 | €1,196 | -€5,651 | -82.5% |
| Trade debts | 44 | €316 | €364 | +€48 | +15.2% |
| Suppliers | 440/4 | €316 | €364 | +€48 | +15.2% |
| Taxes, remuneration and social security | 45 | €3,296 | €831 | -€2,465 | -74.8% |
| Taxes | 450/3 | €3,296 | €831 | -€2,465 | -74.8% |
| Other amounts payable | 47/48 | €3,234 | - | -€3,234 | |
| Other operating charges | 640/8 | €145 | €149 | +€4 | +3.1% |
| Non-recurring operating charges | 66A | €416 | - | -€416 | |
| Gross operating margin | 9900 | €17,482 | €2,074 | -€15,408 | -88.1% |
| Operating profit (loss) | 9901 | €16,921 | €1,925 | -€14,996 | -88.6% |
| Financial charges | 65/66B | €296 | €348 | +€52 | +17.7% |
| Recurring financial charges | 65 | €296 | €348 | +€52 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €16,625 | €1,577 | -€15,049 | -90.5% |
| Income taxes | 67/77 | €3,442 | €652 | -€2,790 | -81.1% |
| Profit (loss) for the period | 9904 | €13,184 | €925 | -€12,258 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,184 | €925 | -€12,258 | -93.0% |
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 6 October 2026 via checked.be.