TP DESIGN HOLDING: 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.
What changed
TP DESIGN HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€32,109
2024 · -€4,836+€36,944
Equity
€1.0m
2024 · €1.0m+€17,709
Cash
€56,041
2024 · €18,085+€37,956
Balance sheet total
€2.1m
2024 · €2.0m+€40,967
Largest movements
Assets
- Cash +€37,956
up €37,956 (+210%), from €18,085 to €56,041
mainly Net result for the year (+€32,109) and Other debts (+€16,896)
Equity and liabilities
- Profit (loss) carried forward +€32,109
up €32,109, from -€30,021 to €2,088
Income statement
- Gross operating margin +€43,974
up €43,974 (+58.7%), from €74,912 to €118,886
- Taxes +€6,287
up €6,287 (+2,164%), from €290 to €6,577
- Financial charges +€1,291
up €1,291 (+1.8%), from €71,683 to €72,974
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.
Result 2024
-€4,836
Gross operating margin
+€43,974
Depreciation
+€521
Other operating charges
+€46
Financial income
-€19
Financial charges
-€1,291
Taxes
-€6,287
Result 2025
€32,109
raises the resultlowers the result
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.
From operations
+€59,403
Investment
-€7,047
Financing
-€14,400
Cash 2024
€18,085
From operations (derived)
+€59,403
Net result for the year
+€32,109
Depreciation
+€6,119
Receivables within one year
+€1,056
Deferred charges and accrued income
-€3,139
Trade debts
-€103
Tax, wage and social debts
+€5,129
Other debts
+€16,896
Accrued charges and deferred income
+€1,337
Investment (derived)
-€7,047
Investment in fixed assets (net)
-€7,047
Financing
-€14,400
Contributions, distributions and other
-€14,400
Cash 2025
€56,041
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,025,849 | €2,066,816 | +€40,967 | +2.0% |
| Fixed assets | 21/28 | €1,958,317 | €1,959,246 | +€928 | 0.0% |
| Tangible fixed assets | 22/27 | €15,822 | €10,599 | -€5,224 | -33.0% |
| Furniture and vehicles | 24 | €14,384 | €9,457 | -€4,926 | -34.2% |
| Other tangible fixed assets | 26 | €1,439 | €1,141 | -€297 | -20.7% |
| Financial fixed assets | 28 | €1,942,495 | €1,948,647 | +€6,152 | +0.3% |
| Current assets | 29/58 | €67,532 | €107,571 | +€40,039 | +59.3% |
| Amounts receivable within one year | 40/41 | €44,092 | €43,036 | -€1,056 | -2.4% |
| Trade receivables | 40 | €30,243 | €42,946 | +€12,703 | +42.0% |
| Other amounts receivable | 41 | €13,849 | €90 | -€13,759 | -99.4% |
| Cash at bank and in hand | 54/58 | €18,085 | €56,041 | +€37,956 | +210% |
| Deferred charges and accrued income | 490/1 | €5,354 | €8,494 | +€3,139 | +58.6% |
| Total equity and liabilities | 10/49 | €2,025,849 | €2,066,816 | +€40,967 | +2.0% |
| Equity | 10/15 | €1,003,669 | €1,021,378 | +€17,709 | +1.8% |
| Contributions | 10/11 | €970,000 | €970,000 | = | 0.0% |
| Reserves | 13 | €63,690 | €49,290 | -€14,400 | -22.6% |
| Distributable reserves | 133 | €63,690 | €49,290 | -€14,400 | -22.6% |
| Profit (loss) carried forward | 14 | -€30,021 | €2,088 | +€32,109 | |
| Amounts payable | 17/49 | €1,022,180 | €1,045,439 | +€23,259 | +2.3% |
| Amounts payable after more than one year | 17 | €972,495 | €972,495 | = | 0.0% |
| Financial debts | 170/4 | €972,495 | €972,495 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,400 | €71,322 | +€21,922 | +44.4% |
| Trade debts | 44 | €115 | €12 | -€103 | -89.7% |
| Suppliers | 440/4 | €115 | €12 | -€103 | -89.7% |
| Taxes, remuneration and social security | 45 | €2,480 | €7,609 | +€5,129 | +207% |
| Taxes | 450/3 | €2,480 | €7,609 | +€5,129 | +207% |
| Other amounts payable | 47/48 | €46,805 | €63,702 | +€16,896 | +36.1% |
| Accrued charges and deferred income | 492/3 | €285 | €1,621 | +€1,337 | +469% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,640 | €6,119 | -€521 | -7.9% |
| Other operating charges | 640/8 | €1,153 | €1,107 | -€46 | -3.9% |
| Gross operating margin | 9900 | €74,912 | €118,886 | +€43,974 | +58.7% |
| Operating profit (loss) | 9901 | €67,119 | €111,660 | +€44,541 | +66.4% |
| Financial income | 75/76B | €19 | €0 | -€19 | -100% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -100% |
| Financial charges | 65/66B | €71,683 | €72,974 | +€1,291 | +1.8% |
| Recurring financial charges | 65 | €71,683 | €72,974 | +€1,291 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,545 | €38,686 | +€43,231 | |
| Income taxes | 67/77 | €290 | €6,577 | +€6,287 | +2,164% |
| Profit (loss) for the period | 9904 | -€4,836 | €32,109 | +€36,944 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,836 | €32,109 | +€36,944 |
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 17 October 2026 via checked.be.