TP ELEKTRO: 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 ELEKTRO
Largest movements
- Cash +€85,929
up €85,929 (+71.8%), from €119,633 to €205,562
mainly Net result for the year (+€75,004) and Other debts (+€13,835)
- Tangible fixed assets -€10,864
down €10,864 (-28.3%), from €38,411 to €27,547
of which Furniture and vehicles: -€8,925
- Reserves +€66,034
up €66,034 (+36.3%), from €182,098 to €248,132
- Other debts +€13,835
up €13,835 (+69.2%), from €19,992 to €33,827
- Taxes +€9,616
up €9,616 (+49.3%), from €19,499 to €29,115
- Gross operating margin +€5,371
up €5,371 (+4.8%), from €110,884 to €116,255
- Financial income +€2,614
up €2,614 (+5,798%), from €45 to €2,659
- Financial charges +€1,369
up €1,369 (+125%), from €1,099 to €2,468
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 | €293,052 | €373,397 | +€80,345 | +27.4% |
| Fixed assets | 21/28 | €38,411 | €27,547 | -€10,864 | -28.3% |
| Tangible fixed assets | 22/27 | €38,411 | €27,547 | -€10,864 | -28.3% |
| Plant, machinery and equipment | 23 | €7,060 | €5,121 | -€1,939 | -27.5% |
| Furniture and vehicles | 24 | €31,351 | €22,427 | -€8,925 | -28.5% |
| Current assets | 29/58 | €254,641 | €345,850 | +€91,209 | +35.8% |
| Stocks and contracts in progress | 3 | €18,839 | €21,126 | +€2,287 | +12.1% |
| Stocks | 30/36 | €18,839 | €21,126 | +€2,287 | +12.1% |
| Amounts receivable within one year | 40/41 | €17,022 | €20,595 | +€3,572 | +21.0% |
| Trade receivables | 40 | €6,952 | €9,461 | +€2,509 | +36.1% |
| Other amounts receivable | 41 | €10,070 | €11,133 | +€1,063 | +10.6% |
| Current investments | 50/53 | €99,000 | €98,567 | -€433 | -0.4% |
| Cash at bank and in hand | 54/58 | €119,633 | €205,562 | +€85,929 | +71.8% |
| Deferred charges and accrued income | 490/1 | €147 | €0 | -€147 | -100% |
| Total equity and liabilities | 10/49 | €293,052 | €373,397 | +€80,345 | +27.4% |
| Equity | 10/15 | €256,883 | €322,916 | +€66,034 | +25.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €182,098 | €248,132 | +€66,034 | +36.3% |
| Distributable reserves | 133 | €182,098 | €248,132 | +€66,034 | +36.3% |
| Profit (loss) carried forward | 14 | €73,784 | €73,784 | = | 0.0% |
| Amounts payable | 17/49 | €36,170 | €50,481 | +€14,311 | +39.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €36,170 | €48,636 | +€12,467 | +34.5% |
| Current portion of amounts payable after more than one year | 42 | €1,350 | €0 | -€1,350 | -100% |
| Trade debts | 44 | €4,492 | €5,369 | +€877 | +19.5% |
| Suppliers | 440/4 | €4,492 | €5,369 | +€877 | +19.5% |
| Taxes, remuneration and social security | 45 | €10,335 | €9,440 | -€895 | -8.7% |
| Taxes | 450/3 | €10,335 | €9,440 | -€895 | -8.7% |
| Other amounts payable | 47/48 | €19,992 | €33,827 | +€13,835 | +69.2% |
| Accrued charges and deferred income | 492/3 | - | €1,844 | +€1,844 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,991 | €10,864 | -€1,127 | -9.4% |
| Other operating charges | 640/8 | €2,288 | €1,463 | -€825 | -36.1% |
| Non-recurring operating charges | 66A | €549 | €0 | -€549 | -100% |
| Gross operating margin | 9900 | €110,884 | €116,255 | +€5,371 | +4.8% |
| Operating profit (loss) | 9901 | €96,055 | €103,929 | +€7,873 | +8.2% |
| Financial income | 75/76B | €45 | €2,659 | +€2,614 | +5,798% |
| Recurring financial income | 75 | €45 | €2,659 | +€2,614 | +5,798% |
| Financial charges | 65/66B | €1,099 | €2,468 | +€1,369 | +125% |
| Recurring financial charges | 65 | €1,099 | €2,468 | +€1,369 | +125% |
| Profit (loss) for the period before taxes | 9903 | €95,002 | €104,120 | +€9,118 | +9.6% |
| Income taxes | 67/77 | €19,499 | €29,115 | +€9,616 | +49.3% |
| Profit (loss) for the period | 9904 | €75,502 | €75,004 | -€498 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,502 | €75,004 | -€498 | -0.7% |
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 24 October 2026 via checked.be.