TP GESTION: 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 GESTION
Largest movements
- Current investments +€113,188
up €113,188 (+32.5%), from €348,280 to €461,468
- Receivables within one year +€112,297
up €112,297 (+80.6%), from €139,367 to €251,664
of which Trade receivables: +€111,415
- Cash -€68,614
down €68,614 (-64.7%), from €106,033 to €37,418
mainly Current investments (-€113,188) and Receivables within one year (-€112,297)
- Trade debts +€247,705
up €247,705 (+615%), from €40,297 to €288,002
- Other debts -€68,614
down €68,614 (-65.0%), from €105,520 to €36,906
- Tax, wage and social debts -€67,322
down €67,322 (-17.5%), from €384,803 to €317,482
of which Remuneration and social security: -€44,598
- Profit (loss) carried forward +€47,364
up €47,364 (+80.6%), from €58,763 to €106,127
- Staff costs -€283,986
down €283,986 (-21.4%), from €1.3m to €1.0m
- Gross operating margin -€177,070
down €177,070 (-13.5%), from €1.3m to €1.1m
- Taxes +€27,221
up €27,221 (+384%), from €7,098 to €34,318
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 | €597,889 | €757,021 | +€159,133 | +26.6% |
| Fixed assets | 21/28 | €2,729 | €1,282 | -€1,446 | -53.0% |
| Tangible fixed assets | 22/27 | €2,729 | €1,282 | -€1,446 | -53.0% |
| Furniture and vehicles | 24 | €2,729 | €1,282 | -€1,446 | -53.0% |
| Current assets | 29/58 | €595,160 | €755,739 | +€160,579 | +27.0% |
| Amounts receivable within one year | 40/41 | €139,367 | €251,664 | +€112,297 | +80.6% |
| Trade receivables | 40 | €133,464 | €244,879 | +€111,415 | +83.5% |
| Other amounts receivable | 41 | €5,902 | €6,785 | +€883 | +15.0% |
| Current investments | 50/53 | €348,280 | €461,468 | +€113,188 | +32.5% |
| Cash at bank and in hand | 54/58 | €106,033 | €37,418 | -€68,614 | -64.7% |
| Deferred charges and accrued income | 490/1 | €1,481 | €5,189 | +€3,708 | +250% |
| Total equity and liabilities | 10/49 | €597,889 | €757,021 | +€159,133 | +26.6% |
| Equity | 10/15 | €67,268 | €114,632 | +€47,364 | +70.4% |
| Contributions | 10/11 | €8,505 | €8,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,763 | €106,127 | +€47,364 | +80.6% |
| Amounts payable | 17/49 | €530,620 | €642,389 | +€111,769 | +21.1% |
| Amounts payable within one year | 42/48 | €530,620 | €642,389 | +€111,769 | +21.1% |
| Trade debts | 44 | €40,297 | €288,002 | +€247,705 | +615% |
| Suppliers | 440/4 | €40,297 | €288,002 | +€247,705 | +615% |
| Taxes, remuneration and social security | 45 | €384,803 | €317,482 | -€67,322 | -17.5% |
| Taxes | 450/3 | €136,278 | €113,554 | -€22,723 | -16.7% |
| Remuneration and social security | 454/9 | €248,526 | €203,927 | -€44,598 | -17.9% |
| Other amounts payable | 47/48 | €105,520 | €36,906 | -€68,614 | -65.0% |
| Remuneration, social security and pensions | 62 | €1,326,229 | €1,042,244 | -€283,986 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,124 | €1,446 | -€1,678 | -53.7% |
| Other operating charges | 640/8 | €5,488 | €457 | -€5,031 | -91.7% |
| Non-recurring operating charges | 66A | €99 | - | -€99 | |
| Gross operating margin | 9900 | €1,308,883 | €1,131,813 | -€177,070 | -13.5% |
| Operating profit (loss) | 9901 | -€26,057 | €87,666 | +€113,724 | |
| Financial income | 75/76B | €7,854 | €6,603 | -€1,251 | -15.9% |
| Recurring financial income | 75 | €7,854 | €6,603 | -€1,251 | -15.9% |
| Financial charges | 65/66B | €11,535 | €12,587 | +€1,053 | +9.1% |
| Recurring financial charges | 65 | €11,535 | €12,587 | +€1,053 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,738 | €81,682 | +€111,420 | |
| Income taxes | 67/77 | €7,098 | €34,318 | +€27,221 | +384% |
| Profit (loss) for the period | 9904 | -€36,836 | €47,364 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,836 | €47,364 | +€84,200 |
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 19 October 2026 via checked.be.