TP BELUX: what changed
Two fiscal 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.
TP BELUX
Largest movements
- Cash +€50
up €50 (+42.9%), from €116 to €166
mainly Other debts (+€2,075)
- Other debts +€2,075
up €2,075 (+53.2%), from €3,900 to €5,975
- Profit (loss) carried forward -€2,025
down €2,025 (-2.8%), from -€72,784 to -€74,809
- Gross operating margin -€215,063
down €215,063, from €213,086 to -€1,977
- Other operating charges -€9,436
no longer reported in 2025 (was €9,436)
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 | €116 | €166 | +€50 | +42.9% |
| Current assets | 29/58 | €116 | €166 | +€50 | +42.9% |
| Cash at bank and in hand | 54/58 | €116 | €166 | +€50 | +42.9% |
| Total equity and liabilities | 10/49 | €116 | €166 | +€50 | +42.9% |
| Equity | 10/15 | -€3,784 | -€5,809 | -€2,025 | -53.5% |
| Contributions | 10/11 | €69,000 | €69,000 | = | 0.0% |
| Capital | 10 | €69,000 | €69,000 | = | 0.0% |
| Issued capital | 100 | €69,000 | €69,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,784 | -€74,809 | -€2,025 | -2.8% |
| Amounts payable | 17/49 | €3,900 | €5,975 | +€2,075 | +53.2% |
| Amounts payable within one year | 42/48 | €3,900 | €5,975 | +€2,075 | +53.2% |
| Other amounts payable | 47/48 | €3,900 | €5,975 | +€2,075 | +53.2% |
| Other operating charges | 640/8 | €9,436 | - | -€9,436 | |
| Gross operating margin | 9900 | €213,086 | -€1,977 | -€215,063 | |
| Operating profit (loss) | 9901 | €203,650 | -€1,977 | -€205,627 | |
| Financial charges | 65/66B | €47 | €48 | +€2 | +3.2% |
| Recurring financial charges | 65 | €47 | €48 | +€2 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €203,603 | -€2,025 | -€205,629 | |
| Profit (loss) for the period | 9904 | €203,603 | -€2,025 | -€205,629 | |
| Profit (loss) for the period to be appropriated | 9905 | €203,603 | -€2,025 | -€205,629 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.