TP AUTOMOTIVE: what changed
What changed
TP AUTOMOTIVE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€22,452
2024 · €12,056+€10,396
Equity
€386,347
2024 · €413,376-€27,029
Cash
€38,176
2024 · €83,709-€45,533
Balance sheet total
€486,968
2024 · €504,400-€17,432
Largest movements
Assets
- Receivables after one year +€50,000
new in 2025: €50,000
- Cash -€45,533
down €45,533 (-54.4%), from €83,709 to €38,176
mainly Receivables after one year (-€50,000) and Contributions, distributions and other (-€49,481)
- Tangible fixed assets -€22,386
down €22,386 (-5.5%), from €410,517 to €388,131
of which Land and buildings: -€13,522
Equity and liabilities
- Reserves -€27,029
down €27,029 (-8.4%), from €320,450 to €293,421
of which Distributable reserves: -€23,927
- Other debts +€12,760
up €12,760 (+95.3%), from €13,386 to €26,146
- Debts after one year -€10,256
down €10,256 (-52.9%), from €19,372 to €9,116
of which Financial debts: -€10,506
- Tax, wage and social debts +€8,317
up €8,317 (+178%), from €4,674 to €12,991
of which Taxes: +€8,317
Income statement
- Gross operating margin +€12,506
up €12,506 (+34.3%), from €36,488 to €48,994
- Taxes +€5,226
up €5,226 (+90.2%), from €5,796 to €11,022
- Depreciation -€3,642
down €3,642 (-20.2%), from €18,069 to €14,426
- Financial income -€890
down €890 (-69.2%), from €1,288 to €397
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€12,056
Gross operating margin
+€12,506
Depreciation
+€3,642
Other operating charges
+€19
Financial income
-€890
Financial charges
+€345
Taxes
-€5,226
Result 2025
€22,452
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€6,102
Investment
+€7,960
Financing
-€59,595
Cash 2024
€83,709
From operations (derived)
+€6,102
Net result for the year
+€22,452
Depreciation
+€14,426
Receivables after one year
-€50,000
Receivables within one year
-€487
Provisions
-€1,598
Trade debts
+€231
Tax, wage and social debts
+€8,317
Other debts
+€12,760
Investment (derived)
+€7,960
Investment in fixed assets (net)
+€7,960
Financing
-€59,595
Debts after one year
-€10,256
Current portion of long-term debt
+€143
Contributions, distributions and other
-€49,481
Cash 2025
€38,176
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €504,400 | €486,968 | -€17,432 | -3.5% |
| Fixed assets | 21/28 | €410,517 | €388,131 | -€22,386 | -5.5% |
| Tangible fixed assets | 22/27 | €410,517 | €388,131 | -€22,386 | -5.5% |
| Land and buildings | 22 | €401,112 | €387,590 | -€13,522 | -3.4% |
| Plant, machinery and equipment | 23 | €634 | €423 | -€212 | -33.3% |
| Furniture and vehicles | 24 | €8,771 | €118 | -€8,652 | -98.7% |
| Current assets | 29/58 | €93,883 | €98,837 | +€4,953 | +5.3% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €10,174 | €10,661 | +€487 | +4.8% |
| Trade receivables | 40 | €9,970 | €10,457 | +€487 | +4.9% |
| Other amounts receivable | 41 | €204 | €204 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €83,709 | €38,176 | -€45,533 | -54.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €504,400 | €486,968 | -€17,432 | -3.5% |
| Equity | 10/15 | €413,376 | €386,347 | -€27,029 | -6.5% |
| Contributions | 10/11 | €48,600 | €48,600 | = | 0.0% |
| Reserves | 13 | €320,450 | €293,421 | -€27,029 | -8.4% |
| Non-distributable reserves | 130/1 | €4,860 | €4,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,860 | €4,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €79,240 | €76,137 | -€3,102 | -3.9% |
| Distributable reserves | 133 | €236,350 | €212,424 | -€23,927 | -10.1% |
| Profit (loss) carried forward | 14 | €44,326 | €44,326 | = | 0.0% |
| Provisions and deferred taxes | 16 | €41,232 | €39,635 | -€1,598 | -3.9% |
| Deferred taxes | 168 | €41,232 | €39,635 | -€1,598 | -3.9% |
| Amounts payable | 17/49 | €49,791 | €60,985 | +€11,194 | +22.5% |
| Amounts payable after more than one year | 17 | €19,372 | €9,116 | -€10,256 | -52.9% |
| Financial debts | 170/4 | €19,372 | €8,866 | -€10,506 | -54.2% |
| Other amounts payable | 178/9 | - | €250 | +€250 | |
| Amounts payable within one year | 42/48 | €29,644 | €51,094 | +€21,450 | +72.4% |
| Current portion of amounts payable after more than one year | 42 | €10,363 | €10,506 | +€143 | +1.4% |
| Trade debts | 44 | €1,220 | €1,451 | +€231 | +18.9% |
| Suppliers | 440/4 | €1,220 | €1,451 | +€231 | +18.9% |
| Taxes, remuneration and social security | 45 | €4,674 | €12,991 | +€8,317 | +178% |
| Taxes | 450/3 | €4,674 | €12,991 | +€8,317 | +178% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €13,386 | €26,146 | +€12,760 | +95.3% |
| Accrued charges and deferred income | 492/3 | €775 | €775 | = | 0.0% |
| Non-recurring operating income | 76A | - | €5,290 | +€5,290 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,069 | €14,426 | -€3,642 | -20.2% |
| Other operating charges | 640/8 | €2,481 | €2,462 | -€19 | -0.8% |
| Gross operating margin | 9900 | €36,488 | €48,994 | +€12,506 | +34.3% |
| Operating profit (loss) | 9901 | €15,937 | €32,105 | +€16,168 | +101% |
| Financial income | 75/76B | €1,288 | €397 | -€890 | -69.2% |
| Recurring financial income | 75 | €1,288 | €397 | -€890 | -69.2% |
| Financial charges | 65/66B | €970 | €626 | -€345 | -35.5% |
| Recurring financial charges | 65 | €970 | €626 | -€345 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €16,255 | €31,877 | +€15,622 | +96.1% |
| Transfer from deferred taxes | 780 | €1,598 | €1,598 | = | 0.0% |
| Income taxes | 67/77 | €5,796 | €11,022 | +€5,226 | +90.2% |
| Profit (loss) for the period | 9904 | €12,056 | €22,452 | +€10,396 | +86.2% |
| Transfer from tax-exempt reserves | 789 | €3,102 | €3,102 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,159 | €25,555 | +€10,396 | +68.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.