TLA 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.
TLA CONSTRUCT
Largest movements
- Receivables within one year +€16,876
up €16,876 (+15.9%), from €106,127 to €123,003
of which Trade receivables: +€25,037
- Cash -€7,526
down €7,526 (-64.8%), from €11,613 to €4,087
mainly Receivables within one year (-€16,876) and Contributions, distributions and other (-€12,500)
- Tangible fixed assets +€3,672
new in 2025: €3,672
- Other debts +€10,625
new in 2025: €10,625
- Profit (loss) carried forward +€8,356
up €8,356 (+22.9%), from €36,539 to €44,895
- Advances received -€4,627
no longer reported in 2025 (was €4,627)
- Tax, wage and social debts -€2,948
down €2,948 (-24.6%), from €11,968 to €9,020
- Gross operating margin +€20,412
up €20,412 (+432.7%), from €4,717 to €25,129
- Other operating charges +€2,614
up €2,614 (+298.4%), from €876 to €3,490
- Financial income +€447
up €447 (+745.0%), from €60 to €507
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 | €117,740 | €131,301 | +€13,561 | +11.5% |
| Fixed assets | 21/28 | - | €3,672 | +€3,672 | |
| Tangible fixed assets | 22/27 | - | €3,672 | +€3,672 | |
| Land and buildings | 22 | - | €3,672 | +€3,672 | |
| Current assets | 29/58 | €117,740 | €127,629 | +€9,889 | +8.4% |
| Amounts receivable within one year | 40/41 | €106,127 | €123,003 | +€16,876 | +15.9% |
| Trade receivables | 40 | €61,561 | €86,598 | +€25,037 | +40.7% |
| Other amounts receivable | 41 | €44,566 | €36,405 | -€8,161 | -18.3% |
| Cash at bank and in hand | 54/58 | €11,613 | €4,087 | -€7,526 | -64.8% |
| Deferred charges and accrued income | 490/1 | - | €539 | +€539 | |
| Total equity and liabilities | 10/49 | €117,740 | €131,301 | +€13,561 | +11.5% |
| Equity | 10/15 | €46,539 | €54,895 | +€8,356 | +18.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,539 | €44,895 | +€8,356 | +22.9% |
| Amounts payable | 17/49 | €71,201 | €76,406 | +€5,205 | +7.3% |
| Amounts payable within one year | 42/48 | €71,201 | €76,406 | +€5,205 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | - | €1,084 | +€1,084 | |
| Trade debts | 44 | €54,606 | €55,677 | +€1,071 | +2.0% |
| Suppliers | 440/4 | €54,606 | €55,677 | +€1,071 | +2.0% |
| Advances received on contracts in progress | 46 | €4,627 | - | -€4,627 | |
| Taxes, remuneration and social security | 45 | €11,968 | €9,020 | -€2,948 | -24.6% |
| Taxes | 450/3 | €11,968 | €9,020 | -€2,948 | -24.6% |
| Other amounts payable | 47/48 | - | €10,625 | +€10,625 | |
| Remuneration, social security and pensions | 62 | €461 | €451 | -€10 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €96 | +€96 | |
| Other operating charges | 640/8 | €876 | €3,490 | +€2,614 | +298.4% |
| Gross operating margin | 9900 | €4,717 | €25,129 | +€20,412 | +432.7% |
| Operating profit (loss) | 9901 | €3,380 | €21,092 | +€17,712 | +524.0% |
| Financial income | 75/76B | €60 | €507 | +€447 | +745.0% |
| Recurring financial income | 75 | €60 | €507 | +€447 | +745.0% |
| Financial charges | 65/66B | €641 | €743 | +€102 | +15.9% |
| Recurring financial charges | 65 | €641 | €743 | +€102 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €2,799 | €20,856 | +€18,057 | +645.1% |
| Profit (loss) for the period | 9904 | €2,799 | €20,856 | +€18,057 | +645.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,799 | €20,856 | +€18,057 | +645.1% |
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.