TG Building: 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.
TG Building
Largest movements
- Receivables within one year +€26,305
up €26,305 (+7.2%), from €366,956 to €393,262
of which Other amounts receivable: +€23,514
- Cash -€12,430
down €12,430 (-38.5%), from €32,292 to €19,863
mainly Receivables within one year (-€26,305)
- Trade debts +€6,199
up €6,199 (+23.2%), from €26,725 to €32,924
- Other debts +€4,654
up €4,654 (+6.4%), from €73,126 to €77,780
- Gross operating margin +€11,733
up €11,733 (+44.1%), from -€26,585 to -€14,852
- Financial income +€6,226
up €6,226 (+40.4%), from €15,415 to €21,641
- Financial charges +€3,327
up €3,327 (+244.5%), from €1,361 to €4,687
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 | €402,449 | €415,793 | +€13,344 | +3.3% |
| Fixed assets | 21/28 | €3,201 | €2,669 | -€532 | -16.6% |
| Tangible fixed assets | 22/27 | €1,601 | €1,069 | -€532 | -33.2% |
| Furniture and vehicles | 24 | €1,601 | €1,069 | -€532 | -33.2% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €399,248 | €413,124 | +€13,876 | +3.5% |
| Amounts receivable within one year | 40/41 | €366,956 | €393,262 | +€26,305 | +7.2% |
| Trade receivables | 40 | €1,815 | €4,606 | +€2,791 | +153.8% |
| Other amounts receivable | 41 | €365,141 | €388,655 | +€23,514 | +6.4% |
| Cash at bank and in hand | 54/58 | €32,292 | €19,863 | -€12,430 | -38.5% |
| Total equity and liabilities | 10/49 | €402,449 | €415,793 | +€13,344 | +3.3% |
| Equity | 10/15 | €301,598 | €302,739 | +€1,141 | +0.4% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €97,403 | €97,403 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €87,487 | €87,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,038 | €106,179 | +€1,141 | +1.1% |
| Amounts payable | 17/49 | €100,851 | €113,054 | +€12,203 | +12.1% |
| Amounts payable within one year | 42/48 | €99,851 | €110,704 | +€10,853 | +10.9% |
| Trade debts | 44 | €26,725 | €32,924 | +€6,199 | +23.2% |
| Suppliers | 440/4 | €26,725 | €32,924 | +€6,199 | +23.2% |
| Other amounts payable | 47/48 | €73,126 | €77,780 | +€4,654 | +6.4% |
| Accrued charges and deferred income | 492/3 | €1,000 | €2,350 | +€1,350 | +135.0% |
| Remuneration, social security and pensions | 62 | €246 | - | -€246 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €532 | €532 | = | 0.0% |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | -€26,585 | -€14,852 | +€11,733 | +44.1% |
| Operating profit (loss) | 9901 | -€27,865 | -€15,892 | +€11,974 | +43.0% |
| Financial income | 75/76B | €15,415 | €21,641 | +€6,226 | +40.4% |
| Recurring financial income | 75 | €15,415 | €21,641 | +€6,226 | +40.4% |
| Financial charges | 65/66B | €1,361 | €4,687 | +€3,327 | +244.5% |
| Recurring financial charges | 65 | €1,361 | €4,687 | +€3,327 | +244.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,811 | €1,062 | +€14,872 | |
| Income taxes | 67/77 | €142 | -€80 | -€222 | |
| Profit (loss) for the period | 9904 | -€13,953 | €1,141 | +€15,094 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,953 | €1,141 | +€15,094 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.