TG CONSTRUCT: 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.
TG CONSTRUCT
Largest movements
- Tangible fixed assets +€15,481
up €15,481 (+2290.7%), from €676 to €16,157
of which Furniture and vehicles: +€15,182
- Cash -€1,471
down €1,471 (-21.0%), from €6,993 to €5,522
mainly Investment in fixed assets (net) (-€20,896) and Contributions, distributions and other (-€1,832)
- Receivables within one year -€708
down €708 (-6.7%), from €10,500 to €9,791
of which Other amounts receivable: -€1,445
- Deferred charges and accrued income -€337
down €337 (-58.6%), from €575 to €238
- Reserves +€9,350
up €9,350 (+502.7%), from €1,860 to €11,210
of which Distributable reserves: +€9,350
- Tax, wage and social debts +€2,274
new in 2025: €2,274
- Other debts +€1,764
up €1,764 (+26.0%), from €6,773 to €8,537
- Trade debts -€440
down €440 (-11.9%), from €3,688 to €3,248
- Gross operating margin +€15,011
up €15,011 (+390.3%), from €3,846 to €18,857
- Depreciation +€5,282
up €5,282 (+3984.9%), from €133 to €5,415
- Taxes +€1,435
new in 2025: €1,435
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 | €18,744 | €31,708 | +€12,965 | +69.2% |
| Fixed assets | 21/28 | €676 | €16,157 | +€15,481 | +2290.7% |
| Tangible fixed assets | 22/27 | €676 | €16,157 | +€15,481 | +2290.7% |
| Plant, machinery and equipment | 23 | €676 | €975 | +€299 | +44.3% |
| Furniture and vehicles | 24 | - | €15,182 | +€15,182 | |
| Current assets | 29/58 | €18,068 | €15,551 | -€2,517 | -13.9% |
| Amounts receivable within one year | 40/41 | €10,500 | €9,791 | -€708 | -6.7% |
| Trade receivables | 40 | €7,554 | €8,291 | +€737 | +9.8% |
| Other amounts receivable | 41 | €2,945 | €1,500 | -€1,445 | -49.1% |
| Cash at bank and in hand | 54/58 | €6,993 | €5,522 | -€1,471 | -21.0% |
| Deferred charges and accrued income | 490/1 | €575 | €238 | -€337 | -58.6% |
| Total equity and liabilities | 10/49 | €18,744 | €31,708 | +€12,965 | +69.2% |
| Equity | 10/15 | €8,283 | €17,649 | +€9,367 | +113.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €11,210 | +€9,350 | +502.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €9,350 | +€9,350 | |
| Profit (loss) carried forward | 14 | €223 | €239 | +€17 | +7.5% |
| Amounts payable | 17/49 | €10,461 | €14,059 | +€3,598 | +34.4% |
| Amounts payable within one year | 42/48 | €10,461 | €14,059 | +€3,598 | +34.4% |
| Trade debts | 44 | €3,688 | €3,248 | -€440 | -11.9% |
| Suppliers | 440/4 | €3,688 | €3,248 | -€440 | -11.9% |
| Taxes, remuneration and social security | 45 | - | €2,274 | +€2,274 | |
| Taxes | 450/3 | - | €2,274 | +€2,274 | |
| Other amounts payable | 47/48 | €6,773 | €8,537 | +€1,764 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133 | €5,415 | +€5,282 | +3984.9% |
| Other operating charges | 640/8 | €536 | €586 | +€50 | +9.2% |
| Gross operating margin | 9900 | €3,846 | €18,857 | +€15,011 | +390.3% |
| Operating profit (loss) | 9901 | €3,178 | €12,857 | +€9,679 | +304.6% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €200 | €223 | +€23 | +11.5% |
| Recurring financial charges | 65 | €200 | €223 | +€23 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €2,979 | €12,634 | +€9,654 | +324.0% |
| Income taxes | 67/77 | - | €1,435 | +€1,435 | |
| Profit (loss) for the period | 9904 | €2,979 | €11,199 | +€8,219 | +275.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,979 | €11,199 | +€8,219 | +275.9% |
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 10 October 2026 via checked.be.