TLC TRANSPORT: 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.
TLC TRANSPORT
Largest movements
- Cash -€6,775
down €6,775 (-72.8%), from €9,301 to €2,525
mainly Other debts (-€12,789)
- Receivables within one year -€1,764
down €1,764 (-15.9%), from €11,077 to €9,313
of which Trade receivables: -€2,227
- Tangible fixed assets -€1,222
no longer reported in 2025 (was €1,222)
- Other debts -€12,789
down €12,789 (-66.2%), from €19,309 to €6,520
- Profit (loss) carried forward +€2,601
up €2,601 (+114%), from €2,291 to €4,892
- Trade debts +€426
new in 2025: €426
- Turnover -€40,490
no longer reported in 2025 (was €40,490)
- Purchases and services -€35,153
no longer reported in 2025 (was €35,153)
- Depreciation -€2,361
down €2,361 (-65.9%), from €3,583 to €1,222
- Gross operating margin +€1,026
up €1,026 (+19.2%), from €5,338 to €6,363
- Other operating charges +€1,014
up €1,014 (+101%), from €1,002 to €2,016
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 | €21,600 | €11,838 | -€9,762 | -45.2% |
| Fixed assets | 21/28 | €1,222 | - | -€1,222 | |
| Tangible fixed assets | 22/27 | €1,222 | - | -€1,222 | |
| Furniture and vehicles | 24 | €1,222 | - | -€1,222 | |
| Current assets | 29/58 | €20,378 | €11,838 | -€8,540 | -41.9% |
| Amounts receivable within one year | 40/41 | €11,077 | €9,313 | -€1,764 | -15.9% |
| Trade receivables | 40 | €8,207 | €5,980 | -€2,227 | -27.1% |
| Other amounts receivable | 41 | €2,870 | €3,333 | +€463 | +16.1% |
| Cash at bank and in hand | 54/58 | €9,301 | €2,525 | -€6,775 | -72.8% |
| Total equity and liabilities | 10/49 | €21,600 | €11,838 | -€9,762 | -45.2% |
| Equity | 10/15 | €2,291 | €4,892 | +€2,601 | +114% |
| Profit (loss) carried forward | 14 | €2,291 | €4,892 | +€2,601 | +114% |
| Amounts payable | 17/49 | €19,309 | €6,946 | -€12,363 | -64.0% |
| Amounts payable within one year | 42/48 | €19,309 | €6,946 | -€12,363 | -64.0% |
| Trade debts | 44 | - | €426 | +€426 | |
| Suppliers | 440/4 | - | €426 | +€426 | |
| Other amounts payable | 47/48 | €19,309 | €6,520 | -€12,789 | -66.2% |
| Turnover | 70 | €40,490 | - | -€40,490 | |
| Goods, raw materials, services and sundry goods | 60/61 | €35,153 | - | -€35,153 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,583 | €1,222 | -€2,361 | -65.9% |
| Other operating charges | 640/8 | €1,002 | €2,016 | +€1,014 | +101% |
| Gross operating margin | 9900 | €5,338 | €6,363 | +€1,026 | +19.2% |
| Operating profit (loss) | 9901 | €753 | €3,125 | +€2,373 | +315% |
| Financial charges | 65/66B | €168 | €197 | +€30 | +17.8% |
| Recurring financial charges | 65 | €168 | €197 | +€30 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €585 | €2,928 | +€2,343 | +400% |
| Income taxes | 67/77 | €570 | €327 | -€243 | -42.7% |
| Profit (loss) for the period | 9904 | €15 | €2,601 | +€2,586 | +17,510% |
| Profit (loss) for the period to be appropriated | 9905 | €15 | €2,601 | +€2,586 | +17,510% |
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 1 November 2026 via checked.be.