TP DESIGN: 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 DESIGN
Largest movements
- Cash +€44,738
up €44,738 (+701.9%), from €6,374 to €51,113
mainly Depreciation (+€33,123) and Net result for the year (+€29,230)
- Tangible fixed assets -€31,882
down €31,882 (-16.3%), from €195,364 to €163,481
of which Plant, machinery and equipment: -€24,160
- Receivables within one year -€13,355
down €13,355 (-12.0%), from €110,992 to €97,637
of which Other amounts receivable: -€31,905
- Stocks and contracts -€7,000
no longer reported in 2025 (was €7,000)
- Short-term financial debts +€27,312
new in 2025: €27,312
of which Credit institutions: +€22,656
- Current portion of long-term debt -€22,000
no longer reported in 2025 (was €22,000)
- Debts after one year -€21,290
down €21,290 (-12.5%), from €169,716 to €148,426
- Contributions -€17,600
down €17,600 (-94.6%), from €18,600 to €1,000
- Profit (loss) carried forward -€16,658
no longer reported in 2025 (was €16,658)
- Gross operating margin +€50,126
up €50,126 (+145.1%), from €34,542 to €84,668
- Taxes +€14,448
up €14,448 (+2377.4%), from €608 to €15,056
- Financial income -€1,520
down €1,520 (-26.1%), from €5,816 to €4,296
- Financial charges -€1,254
down €1,254 (-12.7%), from €9,839 to €8,585
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 | €323,704 | €314,405 | -€9,299 | -2.9% |
| Fixed assets | 21/28 | €195,439 | €163,556 | -€31,882 | -16.3% |
| Tangible fixed assets | 22/27 | €195,364 | €163,481 | -€31,882 | -16.3% |
| Plant, machinery and equipment | 23 | €174,838 | €150,678 | -€24,160 | -13.8% |
| Furniture and vehicles | 24 | €6,744 | €3,747 | -€2,997 | -44.4% |
| Leasing and similar rights | 25 | €13,781 | €9,056 | -€4,725 | -34.3% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €128,266 | €150,849 | +€22,583 | +17.6% |
| Stocks and contracts in progress | 3 | €7,000 | - | -€7,000 | |
| Contracts in progress | 37 | €7,000 | - | -€7,000 | |
| Amounts receivable within one year | 40/41 | €110,992 | €97,637 | -€13,355 | -12.0% |
| Trade receivables | 40 | €13,106 | €31,657 | +€18,550 | +141.5% |
| Other amounts receivable | 41 | €97,886 | €65,980 | -€31,905 | -32.6% |
| Cash at bank and in hand | 54/58 | €6,374 | €51,113 | +€44,738 | +701.9% |
| Deferred charges and accrued income | 490/1 | €3,900 | €2,100 | -€1,800 | -46.2% |
| Total equity and liabilities | 10/49 | €323,704 | €314,405 | -€9,299 | -2.9% |
| Equity | 10/15 | €105,377 | €83,846 | -€21,531 | -20.4% |
| Contributions | 10/11 | €18,600 | €1,000 | -€17,600 | -94.6% |
| Reserves | 13 | €70,119 | €82,846 | +€12,727 | +18.2% |
| Distributable reserves | 133 | €70,119 | €82,846 | +€12,727 | +18.2% |
| Profit (loss) carried forward | 14 | €16,658 | - | -€16,658 | |
| Amounts payable | 17/49 | €218,327 | €230,560 | +€12,232 | +5.6% |
| Amounts payable after more than one year | 17 | €169,716 | €148,426 | -€21,290 | -12.5% |
| Financial debts | 170/4 | €169,716 | €148,426 | -€21,290 | -12.5% |
| Amounts payable within one year | 42/48 | €48,612 | €82,134 | +€33,522 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | €22,000 | - | -€22,000 | |
| Financial debts | 43 | - | €27,312 | +€27,312 | |
| Credit institutions | 430/8 | - | €22,656 | +€22,656 | |
| Other loans | 439 | - | €4,656 | +€4,656 | |
| Trade debts | 44 | €22,785 | €39,158 | +€16,374 | +71.9% |
| Suppliers | 440/4 | €22,785 | €37,035 | +€14,251 | +62.5% |
| Bills of exchange payable | 441 | - | €2,123 | +€2,123 | |
| Taxes, remuneration and social security | 45 | €3,827 | €15,664 | +€11,837 | +309.3% |
| Taxes | 450/3 | €3,827 | €15,664 | +€11,837 | +309.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,848 | €33,123 | -€725 | -2.1% |
| Other operating charges | 640/8 | €3,419 | €2,971 | -€448 | -13.1% |
| Gross operating margin | 9900 | €34,542 | €84,668 | +€50,126 | +145.1% |
| Operating profit (loss) | 9901 | -€2,726 | €48,574 | +€51,300 | |
| Financial income | 75/76B | €5,816 | €4,296 | -€1,520 | -26.1% |
| Recurring financial income | 75 | €5,816 | €4,296 | -€1,520 | -26.1% |
| Financial charges | 65/66B | €9,839 | €8,585 | -€1,254 | -12.7% |
| Recurring financial charges | 65 | €9,839 | €8,585 | -€1,254 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,748 | €44,285 | +€51,034 | |
| Income taxes | 67/77 | €608 | €15,056 | +€14,448 | +2377.4% |
| Profit (loss) for the period | 9904 | -€7,356 | €29,230 | +€36,586 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,356 | €29,230 | +€36,586 |
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 9 October 2026 via checked.be.