TPC Services: 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.
TPC Services
Largest movements
- Cash -€55,621
down €55,621 (-57.9%), from €95,984 to €40,363
mainly Contributions, distributions and other (-€121,594) and Tax, wage and social debts (-€9,161)
- Tangible fixed assets -€4,985
down €4,985 (-38.2%), from €13,043 to €8,057
- Current investments +€1,754
up €1,754 (+54.8%), from €3,202 to €4,956
- Reserves -€121,594
no longer reported in 2025 (was €121,594)
- Other debts +€40,010
new in 2025: €40,010
- Profit (loss) carried forward +€31,249
new in 2025: €31,249
- Tax, wage and social debts -€9,161
down €9,161 (-81.4%), from €11,249 to €2,087
of which Taxes: -€9,159
- Gross operating margin -€11,881
down €11,881 (-19.9%), from €59,824 to €47,943
- Taxes -€2,180
down €2,180 (-19.2%), from €11,372 to €9,192
- Financial charges +€1,021
up €1,021 (+91.3%), from €1,118 to €2,139
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 | €138,860 | €78,656 | -€60,204 | -43.4% |
| Fixed assets | 21/28 | €13,712 | €8,586 | -€5,126 | -37.4% |
| Intangible fixed assets | 21 | €669 | €529 | -€140 | -21.0% |
| Tangible fixed assets | 22/27 | €13,043 | €8,057 | -€4,985 | -38.2% |
| Plant, machinery and equipment | 23 | €13,043 | €8,057 | -€4,985 | -38.2% |
| Current assets | 29/58 | €125,149 | €70,070 | -€55,079 | -44.0% |
| Amounts receivable within one year | 40/41 | €22,609 | €21,930 | -€679 | -3.0% |
| Trade receivables | 40 | €22,254 | €20,975 | -€1,279 | -5.7% |
| Other amounts receivable | 41 | €355 | €955 | +€600 | +169% |
| Current investments | 50/53 | €3,202 | €4,956 | +€1,754 | +54.8% |
| Cash at bank and in hand | 54/58 | €95,984 | €40,363 | -€55,621 | -57.9% |
| Deferred charges and accrued income | 490/1 | €3,353 | €2,821 | -€532 | -15.9% |
| Total equity and liabilities | 10/49 | €138,860 | €78,656 | -€60,204 | -43.4% |
| Equity | 10/15 | €124,594 | €34,249 | -€90,346 | -72.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €121,594 | - | -€121,594 | |
| Distributable reserves | 133 | €121,594 | - | -€121,594 | |
| Profit (loss) carried forward | 14 | - | €31,249 | +€31,249 | |
| Amounts payable | 17/49 | €14,266 | €44,407 | +€30,141 | +211% |
| Amounts payable within one year | 42/48 | €14,266 | €44,407 | +€30,141 | +211% |
| Trade debts | 44 | €3,017 | €2,310 | -€707 | -23.4% |
| Suppliers | 440/4 | €3,017 | €2,310 | -€707 | -23.4% |
| Taxes, remuneration and social security | 45 | €11,249 | €2,087 | -€9,161 | -81.4% |
| Taxes | 450/3 | €11,244 | €2,085 | -€9,159 | -81.5% |
| Remuneration and social security | 454/9 | €4 | €2 | -€2 | -50.0% |
| Other amounts payable | 47/48 | - | €40,010 | +€40,010 | |
| Non-recurring operating income | 76A | €19,479 | - | -€19,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,815 | €5,388 | -€427 | -7.3% |
| Other operating charges | 640/8 | €810 | €465 | -€344 | -42.5% |
| Gross operating margin | 9900 | €59,824 | €47,943 | -€11,881 | -19.9% |
| Operating profit (loss) | 9901 | €53,199 | €42,089 | -€11,110 | -20.9% |
| Financial income | 75/76B | €439 | €490 | +€51 | +11.7% |
| Recurring financial income | 75 | €439 | €490 | +€51 | +11.7% |
| Financial charges | 65/66B | €1,118 | €2,139 | +€1,021 | +91.3% |
| Recurring financial charges | 65 | €1,118 | €2,139 | +€1,021 | +91.3% |
| Profit (loss) for the period before taxes | 9903 | €52,520 | €40,440 | -€12,080 | -23.0% |
| Income taxes | 67/77 | €11,372 | €9,192 | -€2,180 | -19.2% |
| Profit (loss) for the period | 9904 | €41,148 | €31,249 | -€9,900 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,148 | €31,249 | -€9,900 | -24.1% |
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 15 October 2026 via checked.be.