TGY GROUP: 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.
TGY GROUP
Largest movements
- Stocks and contracts -€199,737
no longer reported in 2025 (was €199,737)
- Receivables within one year +€10,164
up €10,164 (+311%), from €3,264 to €13,428
of which Trade receivables: +€9,896
- Trade debts -€201,984
down €201,984 (-98.3%), from €205,454 to €3,469
- Profit (loss) carried forward -€42,898
down €42,898 (-55.8%), from -€76,926 to -€119,824
- Other debts +€37,456
new in 2025: €37,456
- Contributions +€17,881
up €17,881 (+21.8%), from €82,119 to €100,000
- Gross operating margin -€33,178
down €33,178 (-382%), from -€8,684 to -€41,862
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.
Derived cash bridge
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 | €210,646 | €21,101 | -€189,545 | -90.0% |
| Current assets | 29/58 | €210,646 | €21,101 | -€189,545 | -90.0% |
| Stocks and contracts in progress | 3 | €199,737 | - | -€199,737 | |
| Stocks | 30/36 | €199,737 | - | -€199,737 | |
| Amounts receivable within one year | 40/41 | €3,264 | €13,428 | +€10,164 | +311% |
| Trade receivables | 40 | €3,039 | €12,935 | +€9,896 | +326% |
| Other amounts receivable | 41 | €225 | €493 | +€268 | +119% |
| Cash at bank and in hand | 54/58 | €7,646 | €7,673 | +€28 | +0.4% |
| Total equity and liabilities | 10/49 | €210,646 | €21,101 | -€189,545 | -90.0% |
| Equity | 10/15 | €5,193 | -€19,824 | -€25,017 | |
| Contributions | 10/11 | €82,119 | €100,000 | +€17,881 | +21.8% |
| Profit (loss) carried forward | 14 | -€76,926 | -€119,824 | -€42,898 | -55.8% |
| Amounts payable | 17/49 | €205,454 | €40,925 | -€164,529 | -80.1% |
| Amounts payable within one year | 42/48 | €205,454 | €40,925 | -€164,529 | -80.1% |
| Trade debts | 44 | €205,454 | €3,469 | -€201,984 | -98.3% |
| Suppliers | 440/4 | €205,454 | €3,469 | -€201,984 | -98.3% |
| Other amounts payable | 47/48 | - | €37,456 | +€37,456 | |
| Other operating charges | 640/8 | - | €215 | +€215 | |
| Gross operating margin | 9900 | -€8,684 | -€41,862 | -€33,178 | -382% |
| Operating profit (loss) | 9901 | -€8,684 | -€42,077 | -€33,393 | -385% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €600 | €843 | +€243 | +40.4% |
| Recurring financial charges | 65 | €600 | €843 | +€243 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,284 | -€42,898 | -€33,613 | -362% |
| Profit (loss) for the period | 9904 | -€9,284 | -€42,898 | -€33,613 | -362% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,284 | -€42,898 | -€33,613 | -362% |
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 18 October 2026 via checked.be.