TP SYSTEM: 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 SYSTEM
Largest movements
- Tangible fixed assets +€30,805
up €30,805 (+14.3%), from €215,762 to €246,567
of which Furniture and vehicles: +€47,137
- Receivables within one year -€15,668
down €15,668 (-83.8%), from €18,698 to €3,030
of which Other amounts receivable: -€8,131
- Cash +€3,235
up €3,235 (+26.4%), from €12,235 to €15,470
mainly Other debts (+€28,577) and Depreciation (+€28,570)
- Other debts +€28,577
new in 2025: €28,577
- Trade debts -€22,890
down €22,890 (-82.2%), from €27,841 to €4,951
- Current portion of long-term debt +€10,365
up €10,365 (+37.5%), from €27,657 to €38,022
- Debts after one year +€5,972
up €5,972 (+6.8%), from €88,045 to €94,016
- Profit (loss) carried forward -€3,651
down €3,651 (-4.6%), from €78,734 to €75,083
- Depreciation +€8,001
up €8,001 (+38.9%), from €20,568 to €28,570
- Gross operating margin -€2,172
down €2,172 (-6.0%), from €36,440 to €34,268
- Taxes -€1,460
down €1,460 (-64.1%), from €2,276 to €817
- Other operating charges +€1,177
up €1,177 (+71.5%), from €1,646 to €2,823
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 | €249,264 | €267,636 | +€18,372 | +7.4% |
| Fixed assets | 21/28 | €215,762 | €246,567 | +€30,805 | +14.3% |
| Tangible fixed assets | 22/27 | €215,762 | €246,567 | +€30,805 | +14.3% |
| Land and buildings | 22 | €208,662 | €190,655 | -€18,007 | -8.6% |
| Plant, machinery and equipment | 23 | €1,427 | €3,102 | +€1,675 | +117.4% |
| Furniture and vehicles | 24 | €5,673 | €52,810 | +€47,137 | +830.9% |
| Current assets | 29/58 | €33,502 | €21,069 | -€12,433 | -37.1% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,698 | €3,030 | -€15,668 | -83.8% |
| Trade receivables | 40 | €9,235 | €1,697 | -€7,537 | -81.6% |
| Other amounts receivable | 41 | €9,463 | €1,332 | -€8,131 | -85.9% |
| Cash at bank and in hand | 54/58 | €12,235 | €15,470 | +€3,235 | +26.4% |
| Deferred charges and accrued income | 490/1 | €1,069 | €1,069 | = | 0.0% |
| Total equity and liabilities | 10/49 | €249,264 | €267,636 | +€18,372 | +7.4% |
| Equity | 10/15 | €103,444 | €99,793 | -€3,651 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,110 | €6,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,250 | €4,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,734 | €75,083 | -€3,651 | -4.6% |
| Amounts payable | 17/49 | €145,820 | €167,843 | +€22,023 | +15.1% |
| Amounts payable after more than one year | 17 | €88,045 | €94,016 | +€5,972 | +6.8% |
| Financial debts | 170/4 | €88,045 | €94,016 | +€5,972 | +6.8% |
| Amounts payable within one year | 42/48 | €57,775 | €73,827 | +€16,052 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €27,657 | €38,022 | +€10,365 | +37.5% |
| Trade debts | 44 | €27,841 | €4,951 | -€22,890 | -82.2% |
| Suppliers | 440/4 | €27,841 | €4,951 | -€22,890 | -82.2% |
| Taxes, remuneration and social security | 45 | €2,276 | €2,276 | = | 0.0% |
| Taxes | 450/3 | €2,276 | €2,276 | = | 0.0% |
| Other amounts payable | 47/48 | - | €28,577 | +€28,577 | |
| Remuneration, social security and pensions | 62 | €2,174 | €1,846 | -€327 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,568 | €28,570 | +€8,001 | +38.9% |
| Other operating charges | 640/8 | €1,646 | €2,823 | +€1,177 | +71.5% |
| Gross operating margin | 9900 | €36,440 | €34,268 | -€2,172 | -6.0% |
| Operating profit (loss) | 9901 | €12,052 | €1,029 | -€11,023 | -91.5% |
| Financial income | 75/76B | €4 | €0 | -€4 | -97.2% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -97.2% |
| Financial charges | 65/66B | €3,912 | €3,863 | -€49 | -1.2% |
| Recurring financial charges | 65 | €3,912 | €3,863 | -€49 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €8,144 | -€2,834 | -€10,979 | |
| Income taxes | 67/77 | €2,276 | €817 | -€1,460 | -64.1% |
| Profit (loss) for the period | 9904 | €5,868 | -€3,651 | -€9,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,868 | -€3,651 | -€9,519 |
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 12 October 2026 via checked.be.