TP & I Renov: what changed
TP & I Renov
Largest movements
- Receivables within one year -€25,362
down €25,362 (-48.6%), from €52,175 to €26,813
of which Trade receivables: -€17,312
- Stocks and contracts +€9,000
new in 2024: €9,000
- Cash +€1,840
up €1,840 (+32.1%), from €5,740 to €7,580
mainly Receivables within one year (+€25,362) and Net result for the year (+€22,407)
- Deferred charges and accrued income +€1,012
new in 2024: €1,012
- Trade debts -€29,815
down €29,815 (-63.8%), from €46,741 to €16,926
- Profit (loss) carried forward +€22,407
up €22,407 (+74.3%), from -€30,165 to -€7,758
- Tax, wage and social debts -€6,293
down €6,293 (-35.9%), from €17,529 to €11,236
- Other debts +€1,309
up €1,309 (+34.9%), from €3,746 to €5,055
- Accrued charges and deferred income -€1,025
down €1,025 (-65.2%), from €1,572 to €547
- Gross operating margin +€35,885
up €35,885, from -€9,874 to €26,011
- Taxes -€3,416
down €3,416 (-96.1%), from €3,553 to €137
- Depreciation +€774
up €774 (+46.3%), from €1,673 to €2,447
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,323 | €46,906 | -€13,417 | -22.2% |
| Fixed assets | 21/28 | €2,408 | €2,501 | +€93 | +3.9% |
| Tangible fixed assets | 22/27 | €2,323 | €2,416 | +€93 | +4.0% |
| Plant, machinery and equipment | 23 | €1,081 | €370 | -€711 | -65.8% |
| Furniture and vehicles | 24 | €1,242 | €2,046 | +€804 | +64.7% |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €57,915 | €44,405 | -€13,510 | -23.3% |
| Stocks and contracts in progress | 3 | - | €9,000 | +€9,000 | |
| Contracts in progress | 37 | - | €9,000 | +€9,000 | |
| Amounts receivable within one year | 40/41 | €52,175 | €26,813 | -€25,362 | -48.6% |
| Trade receivables | 40 | €44,125 | €26,813 | -€17,312 | -39.2% |
| Other amounts receivable | 41 | €8,050 | - | -€8,050 | |
| Cash at bank and in hand | 54/58 | €5,740 | €7,580 | +€1,840 | +32.1% |
| Deferred charges and accrued income | 490/1 | - | €1,012 | +€1,012 | |
| Total equity and liabilities | 10/49 | €60,323 | €46,906 | -€13,417 | -22.2% |
| Equity | 10/15 | -€9,265 | €13,142 | +€22,407 | |
| Reserves | 13 | €20,900 | €20,900 | = | 0.0% |
| Distributable reserves | 133 | €20,900 | €20,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,165 | -€7,758 | +€22,407 | +74.3% |
| Amounts payable | 17/49 | €69,588 | €33,764 | -€35,824 | -51.5% |
| Amounts payable within one year | 42/48 | €68,016 | €33,217 | -€34,799 | -51.2% |
| Trade debts | 44 | €46,741 | €16,926 | -€29,815 | -63.8% |
| Suppliers | 440/4 | €46,741 | €16,926 | -€29,815 | -63.8% |
| Taxes, remuneration and social security | 45 | €17,529 | €11,236 | -€6,293 | -35.9% |
| Remuneration and social security | 454/9 | €17,529 | €11,236 | -€6,293 | -35.9% |
| Other amounts payable | 47/48 | €3,746 | €5,055 | +€1,309 | +34.9% |
| Accrued charges and deferred income | 492/3 | €1,572 | €547 | -€1,025 | -65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,673 | €2,447 | +€774 | +46.3% |
| Other operating charges | 640/8 | €606 | €827 | +€221 | +36.5% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | -€9,874 | €26,011 | +€35,885 | |
| Operating profit (loss) | 9901 | -€12,216 | €22,737 | +€34,953 | |
| Financial charges | 65/66B | €169 | €193 | +€24 | +14.2% |
| Recurring financial charges | 65 | €169 | €193 | +€24 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,385 | €22,544 | +€34,929 | |
| Income taxes | 67/77 | €3,553 | €137 | -€3,416 | -96.1% |
| Profit (loss) for the period | 9904 | -€15,938 | €22,407 | +€38,345 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,938 | €22,407 | +€38,345 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.