TP PARTNERS: what changed
Two fiscal 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 PARTNERS
Largest movements
- Cash +€6,259
up €6,259 (+19.4%), from €32,196 to €38,455
mainly Net result for the year (+€61,961) and Receivables within one year (+€4,132)
- Receivables within one year -€4,132
down €4,132 (-7.7%), from €53,861 to €49,729
of which Trade receivables: -€30,102
- Tangible fixed assets -€2,772
down €2,772 (-51.6%), from €5,377 to €2,605
of which Furniture and vehicles: -€2,572
- Profit (loss) carried forward +€9,461
up €9,461 (+769.8%), from €1,229 to €10,690
- Trade debts -€8,798
down €8,798 (-100.0%), from €8,798 to €0
- Tax, wage and social debts -€3,957
down €3,957 (-29.2%), from €13,550 to €9,593
of which Remuneration and social security: -€2,862
- Other debts +€2,428
up €2,428 (+4.8%), from €50,072 to €52,500
- Gross operating margin +€12,970
up €12,970 (+18.4%), from €70,314 to €83,284
- Taxes +€2,520
up €2,520 (+17.4%), from €14,477 to €16,997
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 | €93,249 | €92,383 | -€865 | -0.9% |
| Fixed assets | 21/28 | €5,377 | €2,605 | -€2,772 | -51.6% |
| Tangible fixed assets | 22/27 | €5,377 | €2,605 | -€2,772 | -51.6% |
| Furniture and vehicles | 24 | €4,981 | €2,408 | -€2,572 | -51.7% |
| Other tangible fixed assets | 26 | €397 | €197 | -€200 | -50.4% |
| Current assets | 29/58 | €87,872 | €89,779 | +€1,907 | +2.2% |
| Amounts receivable within one year | 40/41 | €53,861 | €49,729 | -€4,132 | -7.7% |
| Trade receivables | 40 | €48,729 | €18,626 | -€30,102 | -61.8% |
| Other amounts receivable | 41 | €5,132 | €31,103 | +€25,971 | +506.1% |
| Cash at bank and in hand | 54/58 | €32,196 | €38,455 | +€6,259 | +19.4% |
| Deferred charges and accrued income | 490/1 | €1,815 | €1,594 | -€221 | -12.2% |
| Total equity and liabilities | 10/49 | €93,249 | €92,383 | -€865 | -0.9% |
| Equity | 10/15 | €20,829 | €30,290 | +€9,461 | +45.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,229 | €10,690 | +€9,461 | +769.8% |
| Amounts payable | 17/49 | €72,420 | €62,093 | -€10,327 | -14.3% |
| Amounts payable within one year | 42/48 | €72,420 | €62,093 | -€10,327 | -14.3% |
| Trade debts | 44 | €8,798 | €0 | -€8,798 | -100.0% |
| Suppliers | 440/4 | €8,798 | €0 | -€8,798 | -100.0% |
| Taxes, remuneration and social security | 45 | €13,550 | €9,593 | -€3,957 | -29.2% |
| Taxes | 450/3 | €10,689 | €9,593 | -€1,096 | -10.2% |
| Remuneration and social security | 454/9 | €2,862 | €0 | -€2,862 | -100.0% |
| Other amounts payable | 47/48 | €50,072 | €52,500 | +€2,428 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,056 | €2,772 | -€283 | -9.3% |
| Other operating charges | 640/8 | €458 | €719 | +€261 | +56.9% |
| Gross operating margin | 9900 | €70,314 | €83,284 | +€12,970 | +18.4% |
| Operating profit (loss) | 9901 | €66,800 | €79,793 | +€12,992 | +19.4% |
| Financial income | 75/76B | €461 | €574 | +€113 | +24.5% |
| Recurring financial income | 75 | €461 | €574 | +€113 | +24.5% |
| Financial charges | 65/66B | €1,648 | €1,409 | -€239 | -14.5% |
| Recurring financial charges | 65 | €1,648 | €1,409 | -€239 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €65,614 | €78,958 | +€13,344 | +20.3% |
| Income taxes | 67/77 | €14,477 | €16,997 | +€2,520 | +17.4% |
| Profit (loss) for the period | 9904 | €51,137 | €61,961 | +€10,824 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,137 | €61,961 | +€10,824 | +21.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.