TGC Services: 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.
TGC Services
Largest movements
- Cash +€25,400
up €25,400 (+76.3%), from €33,290 to €58,690
mainly Net result for the year (+€20,444) and Trade debts (+€9,320)
- Current investments +€12,000
up €12,000 (+52.2%), from €23,000 to €35,000
- Receivables within one year -€6,725
down €6,725 (-36.5%), from €18,427 to €11,703
of which Trade receivables: -€8,421
- Profit (loss) carried forward +€19,444
up €19,444 (+31.5%), from €61,712 to €81,156
- Trade debts +€9,320
up €9,320 (+1492.5%), from €624 to €9,945
- Other debts +€4,043
up €4,043 (+97.1%), from €4,164 to €8,207
- Tax, wage and social debts -€1,161
down €1,161 (-18.4%), from €6,315 to €5,154
of which Taxes: -€1,161
- Gross operating margin -€9,648
down €9,648 (-25.9%), from €37,227 to €27,579
- Purchases and services +€5,324
up €5,324 (+7.8%), from €68,507 to €73,832
- Turnover -€4,323
down €4,323 (-4.1%), from €105,626 to €101,303
- Taxes -€2,003
down €2,003 (-23.8%), from €8,426 to €6,423
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 | €76,533 | €107,462 | +€30,929 | +40.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,815 | €2,069 | +€254 | +14.0% |
| Tangible fixed assets | 22/27 | €1,815 | €2,069 | +€254 | +14.0% |
| Plant, machinery and equipment | 23 | €792 | €435 | -€357 | -45.1% |
| Furniture and vehicles | 24 | €1,023 | €1,634 | +€611 | +59.7% |
| Current assets | 29/58 | €74,717 | €105,393 | +€30,675 | +41.1% |
| Amounts receivable within one year | 40/41 | €18,427 | €11,703 | -€6,725 | -36.5% |
| Trade receivables | 40 | €18,427 | €10,006 | -€8,421 | -45.7% |
| Other amounts receivable | 41 | €0 | €1,697 | +€1,697 | |
| Current investments | 50/53 | €23,000 | €35,000 | +€12,000 | +52.2% |
| Cash at bank and in hand | 54/58 | €33,290 | €58,690 | +€25,400 | +76.3% |
| Total equity and liabilities | 10/49 | €76,533 | €107,462 | +€30,929 | +40.4% |
| Equity | 10/15 | €64,712 | €84,156 | +€19,444 | +30.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €61,712 | €81,156 | +€19,444 | +31.5% |
| Amounts payable | 17/49 | €11,821 | €23,306 | +€11,485 | +97.2% |
| Amounts payable within one year | 42/48 | €11,104 | €23,306 | +€12,202 | +109.9% |
| Trade debts | 44 | €624 | €9,945 | +€9,320 | +1492.5% |
| Suppliers | 440/4 | €624 | €9,945 | +€9,320 | +1492.5% |
| Taxes, remuneration and social security | 45 | €6,315 | €5,154 | -€1,161 | -18.4% |
| Taxes | 450/3 | €6,315 | €5,154 | -€1,161 | -18.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €4,164 | €8,207 | +€4,043 | +97.1% |
| Accrued charges and deferred income | 492/3 | €717 | €0 | -€717 | -100.0% |
| Turnover | 70 | €105,626 | €101,303 | -€4,323 | -4.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €68,507 | €73,832 | +€5,324 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €844 | €1,025 | +€181 | +21.4% |
| Other operating charges | 640/8 | €118 | €387 | +€269 | +228.3% |
| Non-recurring operating charges | 66A | €337 | €0 | -€337 | -100.0% |
| Gross operating margin | 9900 | €37,227 | €27,579 | -€9,648 | -25.9% |
| Operating profit (loss) | 9901 | €35,928 | €26,167 | -€9,761 | -27.2% |
| Financial income | 75/76B | €191 | €799 | +€608 | +317.6% |
| Recurring financial income | 75 | €191 | €799 | +€608 | +317.6% |
| Financial charges | 65/66B | €362 | €99 | -€263 | -72.7% |
| Recurring financial charges | 65 | €362 | €99 | -€263 | -72.7% |
| Profit (loss) for the period before taxes | 9903 | €35,758 | €26,868 | -€8,890 | -24.9% |
| Income taxes | 67/77 | €8,426 | €6,423 | -€2,003 | -23.8% |
| Profit (loss) for the period | 9904 | €27,331 | €20,444 | -€6,887 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,331 | €20,444 | -€6,887 | -25.2% |
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 8 October 2026 via checked.be.