TpiCom: 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.
TpiCom
Largest movements
- Cash +€72,409
up €72,409 (+25.4%), from €284,894 to €357,303
mainly Net result for the year (+€64,607) and Depreciation (+€8,574)
- Tangible fixed assets -€8,574
down €8,574 (-21.0%), from €40,797 to €32,223
of which Furniture and vehicles: -€8,276
- Receivables within one year -€5,892
down €5,892 (-89.5%), from €6,582 to €691
of which Trade receivables: -€6,582
- Reserves +€64,607
up €64,607 (+24.1%), from €267,871 to €332,478
of which Non-distributable reserves: +€64,607
- Tax, wage and social debts -€8,423
down €8,423 (-18.9%), from €44,591 to €36,168
- Gross operating margin -€8,357
down €8,357 (-7.5%), from €111,025 to €102,668
- Taxes -€2,958
down €2,958 (-9.9%), from €29,843 to €26,885
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,461 | €392,057 | +€58,596 | +17.6% |
| Fixed assets | 21/28 | €40,797 | €32,223 | -€8,574 | -21.0% |
| Tangible fixed assets | 22/27 | €40,797 | €32,223 | -€8,574 | -21.0% |
| Land and buildings | 22 | €7,811 | €7,599 | -€212 | -2.7% |
| Furniture and vehicles | 24 | €32,821 | €24,544 | -€8,276 | -25.2% |
| Other tangible fixed assets | 26 | €165 | €79 | -€86 | -52.2% |
| Current assets | 29/58 | €292,664 | €359,834 | +€67,171 | +23.0% |
| Amounts receivable within one year | 40/41 | €6,582 | €691 | -€5,892 | -89.5% |
| Trade receivables | 40 | €6,582 | - | -€6,582 | |
| Other amounts receivable | 41 | - | €691 | +€691 | |
| Cash at bank and in hand | 54/58 | €284,894 | €357,303 | +€72,409 | +25.4% |
| Deferred charges and accrued income | 490/1 | €1,187 | €1,841 | +€653 | +55.0% |
| Total equity and liabilities | 10/49 | €333,461 | €392,057 | +€58,596 | +17.6% |
| Equity | 10/15 | €287,871 | €352,478 | +€64,607 | +22.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €267,871 | €332,478 | +€64,607 | +24.1% |
| Non-distributable reserves | 130/1 | €265,871 | €330,478 | +€64,607 | +24.3% |
| Reserves not available under the articles | 1311 | €265,871 | €330,478 | +€64,607 | +24.3% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €45,590 | €39,579 | -€6,011 | -13.2% |
| Amounts payable within one year | 42/48 | €45,590 | €39,579 | -€6,011 | -13.2% |
| Trade debts | 44 | €761 | €2,056 | +€1,295 | +170.3% |
| Suppliers | 440/4 | €761 | €2,056 | +€1,295 | +170.3% |
| Taxes, remuneration and social security | 45 | €44,591 | €36,168 | -€8,423 | -18.9% |
| Taxes | 450/3 | €44,591 | €36,168 | -€8,423 | -18.9% |
| Other amounts payable | 47/48 | €238 | €1,355 | +€1,117 | +469.3% |
| Non-recurring operating income | 76A | €2,200 | - | -€2,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,574 | €8,574 | = | 0.0% |
| Other operating charges | 640/8 | €2,058 | €2,435 | +€377 | +18.3% |
| Gross operating margin | 9900 | €111,025 | €102,668 | -€8,357 | -7.5% |
| Operating profit (loss) | 9901 | €100,393 | €91,658 | -€8,735 | -8.7% |
| Financial income | 75/76B | €7 | €6 | -€1 | -16.9% |
| Recurring financial income | 75 | €7 | €6 | -€1 | -16.9% |
| Financial charges | 65/66B | €107 | €173 | +€66 | +61.5% |
| Recurring financial charges | 65 | €107 | €173 | +€66 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €100,293 | €91,492 | -€8,802 | -8.8% |
| Income taxes | 67/77 | €29,843 | €26,885 | -€2,958 | -9.9% |
| Profit (loss) for the period | 9904 | €70,450 | €64,607 | -€5,843 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,450 | €64,607 | -€5,843 | -8.3% |
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 7 October 2026 via checked.be.