Skip to content

TPcontrol: 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.

What changed

TPcontrol

BE 0642.922.532
NACE 43.211, General electrical installation work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€90,049
2023 · €83,005+€7,044
Equity
€454,223
2023 · €364,175+€90,049
Cash
€193,606
2023 · €194,362-€756
Balance sheet total
€851,907
2023 · €577,812+€274,095

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€239,672

    up €239,672 (+103.5%), from €231,627 to €471,299

    of which Trade receivables: +€230,232

  • Deferred charges and accrued income +€20,842

    up €20,842 (+234.4%), from €8,893 to €29,736

  • Intangible fixed assets +€10,757

    up €10,757 (+142.5%), from €7,546 to €18,303

Equity and liabilities
  • Trade debts +€178,705

    up €178,705 (+245.1%), from €72,917 to €251,622

  • Profit (loss) carried forward +€60,049

    up €60,049 (+34.6%), from €173,715 to €233,763

  • Reserves +€30,000

    up €30,000 (+17.5%), from €171,860 to €201,860

    of which Distributable reserves: +€30,000

  • Tax, wage and social debts +€29,938

    up €29,938 (+36.2%), from €82,690 to €112,628

    of which Taxes: +€19,191

  • Debts after one year -€22,623

    down €22,623 (-75.5%), from €29,960 to €7,337

Income statement
  • Staff costs +€79,285

    up €79,285 (+19.3%), from €410,779 to €490,064

  • Gross operating margin +€77,276

    up €77,276 (+13.0%), from €595,027 to €672,304

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €83,005
Gross operating margin +€77,276
Staff costs -€79,285
Depreciation +€5,153
Other operating charges +€302
Other operating items +€5,938
Financial income +€1,169
Financial charges +€257
Taxes -€3,767
Result 2024 €90,049

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€88,958
Investment -€65,476
Financing -€24,238
Cash 2023 €194,362
Net result for the year +€90,049
Depreciation +€55,725
Stocks and contracts -€4,586
Receivables within one year -€239,672
Deferred charges and accrued income -€20,842
Trade debts +€178,705
Tax, wage and social debts +€29,938
Smaller working-capital items -€359
Investment in fixed assets (net) -€65,476
Debts after one year -€22,623
Current portion of long-term debt -€1,615
Cash 2024 €193,606
Every line side by side 50 lines
Line Code 2023 2024 Change %
Total assets 20/58 €577,812 €851,907 +€274,095 +47.4%
Fixed assets 21/28 €121,287 €131,038 +€9,751 +8.0%
Intangible fixed assets 21 €7,546 €18,303 +€10,757 +142.5%
Tangible fixed assets 22/27 €113,178 €112,173 -€1,005 -0.9%
Land and buildings 22 €17,189 €23,990 +€6,801 +39.6%
Plant, machinery and equipment 23 €16,207 €16,741 +€534 +3.3%
Furniture and vehicles 24 €79,781 €71,441 -€8,340 -10.5%
Financial fixed assets 28 €563 €563 = 0.0%
Current assets 29/58 €456,525 €720,869 +€264,344 +57.9%
Stocks and contracts in progress 3 €21,643 €26,229 +€4,586 +21.2%
Stocks 30/36 €21,643 €26,229 +€4,586 +21.2%
Amounts receivable within one year 40/41 €231,627 €471,299 +€239,672 +103.5%
Trade receivables 40 €231,627 €461,859 +€230,232 +99.4%
Other amounts receivable 41 - €9,440 +€9,440
Cash at bank and in hand 54/58 €194,362 €193,606 -€756 -0.4%
Deferred charges and accrued income 490/1 €8,893 €29,736 +€20,842 +234.4%
Total equity and liabilities 10/49 €577,812 €851,907 +€274,095 +47.4%
Equity 10/15 €364,175 €454,223 +€90,049 +24.7%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €171,860 €201,860 +€30,000 +17.5%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €170,000 €200,000 +€30,000 +17.6%
Profit (loss) carried forward 14 €173,715 €233,763 +€60,049 +34.6%
Amounts payable 17/49 €213,637 €397,683 +€184,046 +86.1%
Amounts payable after more than one year 17 €29,960 €7,337 -€22,623 -75.5%
Financial debts 170/4 €29,960 €7,337 -€22,623 -75.5%
Amounts payable within one year 42/48 €183,228 €390,346 +€207,118 +113.0%
Current portion of amounts payable after more than one year 42 €24,687 €23,072 -€1,615 -6.5%
Trade debts 44 €72,917 €251,622 +€178,705 +245.1%
Suppliers 440/4 €72,917 €251,622 +€178,705 +245.1%
Taxes, remuneration and social security 45 €82,690 €112,628 +€29,938 +36.2%
Taxes 450/3 €36,459 €55,650 +€19,191 +52.6%
Remuneration and social security 454/9 €46,231 €56,978 +€10,747 +23.2%
Other amounts payable 47/48 €2,934 €3,024 +€91 +3.1%
Accrued charges and deferred income 492/3 €449 - -€449
Remuneration, social security and pensions 62 €410,779 €490,064 +€79,285 +19.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €60,878 €55,725 -€5,153 -8.5%
Other operating charges 640/8 €2,730 €2,428 -€302 -11.0%
Non-recurring operating charges 66A €5,938 - -€5,938
Gross operating margin 9900 €595,027 €672,304 +€77,276 +13.0%
Operating profit (loss) 9901 €114,703 €124,087 +€9,384 +8.2%
Financial income 75/76B €183 €1,352 +€1,169 +638.3%
Recurring financial income 75 €183 €1,352 +€1,169 +638.3%
Financial charges 65/66B €2,845 €2,588 -€257 -9.0%
Recurring financial charges 65 €2,845 €2,588 -€257 -9.0%
Profit (loss) for the period before taxes 9903 €112,041 €122,851 +€10,810 +9.6%
Income taxes 67/77 €29,035 €32,802 +€3,767 +13.0%
Profit (loss) for the period 9904 €83,005 €90,049 +€7,044 +8.5%
Profit (loss) for the period to be appropriated 9905 €83,005 €90,049 +€7,044 +8.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.