TGN PRO TEC: 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.
TGN PRO TEC
Largest movements
- Tangible fixed assets -€18,479
down €18,479 (-17.1%), from €108,225 to €89,746
of which Furniture and vehicles: -€20,835
- Cash +€6,385
up €6,385 (+24.0%), from €26,577 to €32,962
mainly Depreciation (+€24,883) and Tax, wage and social debts (+€14,375)
- Debts after one year -€18,366
down €18,366 (-26.2%), from €70,041 to €51,675
- Trade debts -€15,974
down €15,974 (-66.0%), from €24,207 to €8,233
- Tax, wage and social debts +€14,375
up €14,375 (+74.3%), from €19,344 to €33,720
of which Remuneration and social security: +€12,330
- Other debts -€11,362
down €11,362 (-49.7%), from €22,839 to €11,477
- Current portion of long-term debt +€11,350
up €11,350 (+64.8%), from €17,516 to €28,867
- Staff costs -€21,471
down €21,471 (-7.5%), from €287,691 to €266,221
- Depreciation +€13,262
up €13,262 (+114.1%), from €11,621 to €24,883
- Gross operating margin -€11,689
down €11,689 (-3.6%), from €323,219 to €311,531
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 | €188,208 | €175,991 | -€12,218 | -6.5% |
| Fixed assets | 21/28 | €108,225 | €89,746 | -€18,479 | -17.1% |
| Tangible fixed assets | 22/27 | €108,225 | €89,746 | -€18,479 | -17.1% |
| Land and buildings | 22 | €5,210 | €4,945 | -€265 | -5.1% |
| Plant, machinery and equipment | 23 | €2,247 | €4,869 | +€2,621 | +116.6% |
| Furniture and vehicles | 24 | €100,767 | €79,932 | -€20,835 | -20.7% |
| Current assets | 29/58 | €79,984 | €86,245 | +€6,261 | +7.8% |
| Amounts receivable within one year | 40/41 | €50,199 | €49,586 | -€614 | -1.2% |
| Trade receivables | 40 | €39,052 | €43,432 | +€4,380 | +11.2% |
| Other amounts receivable | 41 | €11,147 | €6,154 | -€4,994 | -44.8% |
| Cash at bank and in hand | 54/58 | €26,577 | €32,962 | +€6,385 | +24.0% |
| Deferred charges and accrued income | 490/1 | €3,207 | €3,697 | +€489 | +15.3% |
| Total equity and liabilities | 10/49 | €188,208 | €175,991 | -€12,218 | -6.5% |
| Equity | 10/15 | €34,261 | €42,020 | +€7,759 | +22.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,261 | €39,020 | +€7,759 | +24.8% |
| Amounts payable | 17/49 | €153,947 | €133,970 | -€19,976 | -13.0% |
| Amounts payable after more than one year | 17 | €70,041 | €51,675 | -€18,366 | -26.2% |
| Financial debts | 170/4 | €70,041 | €51,675 | -€18,366 | -26.2% |
| Amounts payable within one year | 42/48 | €83,906 | €82,296 | -€1,610 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €17,516 | €28,867 | +€11,350 | +64.8% |
| Trade debts | 44 | €24,207 | €8,233 | -€15,974 | -66.0% |
| Suppliers | 440/4 | €24,207 | €8,233 | -€15,974 | -66.0% |
| Taxes, remuneration and social security | 45 | €19,344 | €33,720 | +€14,375 | +74.3% |
| Taxes | 450/3 | €2,868 | €4,914 | +€2,046 | +71.3% |
| Remuneration and social security | 454/9 | €16,476 | €28,806 | +€12,330 | +74.8% |
| Other amounts payable | 47/48 | €22,839 | €11,477 | -€11,362 | -49.7% |
| Remuneration, social security and pensions | 62 | €287,691 | €266,221 | -€21,471 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,621 | €24,883 | +€13,262 | +114.1% |
| Other operating charges | 640/8 | €3,114 | €3,397 | +€283 | +9.1% |
| Gross operating margin | 9900 | €323,219 | €311,531 | -€11,689 | -3.6% |
| Operating profit (loss) | 9901 | €20,793 | €17,030 | -€3,763 | -18.1% |
| Financial income | 75/76B | €174 | €1 | -€173 | -99.6% |
| Recurring financial income | 75 | €174 | €1 | -€173 | -99.6% |
| Non-recurring financial income | 76B | €174 | - | -€174 | |
| Financial charges | 65/66B | €1,992 | €4,359 | +€2,366 | +118.8% |
| Recurring financial charges | 65 | €1,992 | €4,359 | +€2,366 | +118.8% |
| Profit (loss) for the period before taxes | 9903 | €18,974 | €12,672 | -€6,302 | -33.2% |
| Income taxes | 67/77 | €4,087 | €4,914 | +€827 | +20.2% |
| Profit (loss) for the period | 9904 | €14,888 | €7,759 | -€7,129 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,888 | €7,759 | -€7,129 | -47.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.