TP 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.
TP CONSTRUCT
Largest movements
- Receivables within one year +€114,347
up €114,347 (+163%), from €70,029 to €184,376
of which Trade receivables: +€124,175
- Other debts +€63,610
up €63,610 (+22.5%), from €282,117 to €345,727
- Reserves +€47,290
up €47,290 (+9.8%), from €482,247 to €529,537
- Current portion of long-term debt -€12,763
down €12,763 (-100%), from €12,763 to €0
- Taxes -€4,121
down €4,121 (-11.1%), from €37,112 to €32,991
- Gross operating margin +€2,782
up €2,782 (+1.9%), from €149,651 to €152,433
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 | €905,767 | €1,010,887 | +€105,120 | +11.6% |
| Fixed assets | 21/28 | €825,000 | €825,000 | = | 0.0% |
| Financial fixed assets | 28 | €825,000 | €825,000 | = | 0.0% |
| Current assets | 29/58 | €80,767 | €185,887 | +€105,120 | +130% |
| Amounts receivable within one year | 40/41 | €70,029 | €184,376 | +€114,347 | +163% |
| Trade receivables | 40 | €58,813 | €182,988 | +€124,175 | +211% |
| Other amounts receivable | 41 | €11,217 | €1,388 | -€9,828 | -87.6% |
| Cash at bank and in hand | 54/58 | €10,738 | €1,511 | -€9,227 | -85.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €905,767 | €1,010,887 | +€105,120 | +11.6% |
| Equity | 10/15 | €607,247 | €654,537 | +€47,290 | +7.8% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €482,247 | €529,537 | +€47,290 | +9.8% |
| Distributable reserves | 133 | €482,247 | €529,537 | +€47,290 | +9.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €298,520 | €356,350 | +€57,830 | +19.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €298,520 | €356,350 | +€57,830 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €12,763 | €0 | -€12,763 | -100% |
| Trade debts | 44 | €1,150 | €1,597 | +€447 | +38.9% |
| Suppliers | 440/4 | €1,150 | €1,597 | +€447 | +38.9% |
| Taxes, remuneration and social security | 45 | €2,490 | €9,026 | +€6,536 | +263% |
| Taxes | 450/3 | €2,490 | €9,026 | +€6,536 | +263% |
| Other amounts payable | 47/48 | €282,117 | €345,727 | +€63,610 | +22.5% |
| Other operating charges | 640/8 | €1,094 | €1,155 | +€62 | +5.6% |
| Gross operating margin | 9900 | €149,651 | €152,433 | +€2,782 | +1.9% |
| Operating profit (loss) | 9901 | €148,557 | €151,277 | +€2,720 | +1.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €525 | €197 | -€328 | -62.4% |
| Recurring financial charges | 65 | €525 | €197 | -€328 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €148,032 | €151,080 | +€3,048 | +2.1% |
| Income taxes | 67/77 | €37,112 | €32,991 | -€4,121 | -11.1% |
| Profit (loss) for the period | 9904 | €110,921 | €118,090 | +€7,169 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €110,921 | €118,090 | +€7,169 | +6.5% |
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 25 October 2026 via checked.be.