TPK Transport: 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.
TPK Transport
Largest movements
- Receivables within one year +€96,359
up €96,359 (+151%), from €63,916 to €160,276
of which Trade receivables: +€76,427
- Tangible fixed assets +€25,387
up €25,387 (+25.7%), from €98,965 to €124,352
of which Furniture and vehicles: +€46,158
- Financial fixed assets -€5,065
down €5,065 (-51.5%), from €9,835 to €4,770
- Profit (loss) carried forward +€46,265
up €46,265 (+110%), from €42,234 to €88,499
- Tax, wage and social debts +€42,739
up €42,739 (+167%), from €25,618 to €68,357
of which Taxes: +€27,328
- Current portion of long-term debt +€16,903
up €16,903 (+39.8%), from €42,489 to €59,393
- Trade debts +€15,676
up €15,676 (+682%), from €2,297 to €17,973
- Other debts -€4,797
down €4,797 (-22.0%), from €21,797 to €17,000
- Gross operating margin +€150,189
up €150,189 (+84.8%), from €177,017 to €327,207
- Staff costs +€80,620
up €80,620 (+122%), from €66,316 to €146,936
- Taxes +€15,913
up €15,913 (+174%), from €9,144 to €25,057
- Other operating charges +€13,974
up €13,974 (+110%), from €12,705 to €26,679
- Depreciation +€3,886
up €3,886 (+7.7%), from €50,202 to €54,089
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 | €205,196 | €322,315 | +€117,119 | +57.1% |
| Fixed assets | 21/28 | €108,800 | €129,122 | +€20,322 | +18.7% |
| Tangible fixed assets | 22/27 | €98,965 | €124,352 | +€25,387 | +25.7% |
| Plant, machinery and equipment | 23 | €131 | - | -€131 | |
| Furniture and vehicles | 24 | €37,592 | €83,750 | +€46,158 | +123% |
| Leasing and similar rights | 25 | €61,241 | €40,601 | -€20,640 | -33.7% |
| Financial fixed assets | 28 | €9,835 | €4,770 | -€5,065 | -51.5% |
| Current assets | 29/58 | €96,397 | €193,194 | +€96,797 | +100% |
| Amounts receivable within one year | 40/41 | €63,916 | €160,276 | +€96,359 | +151% |
| Trade receivables | 40 | €63,916 | €140,343 | +€76,427 | +120% |
| Other amounts receivable | 41 | - | €19,932 | +€19,932 | |
| Cash at bank and in hand | 54/58 | €30,142 | €32,556 | +€2,414 | +8.0% |
| Deferred charges and accrued income | 490/1 | €2,338 | €362 | -€1,977 | -84.5% |
| Total equity and liabilities | 10/49 | €205,196 | €322,315 | +€117,119 | +57.1% |
| Equity | 10/15 | €47,234 | €93,499 | +€46,265 | +97.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,234 | €88,499 | +€46,265 | +110% |
| Amounts payable | 17/49 | €157,962 | €228,816 | +€70,854 | +44.9% |
| Amounts payable after more than one year | 17 | €64,470 | €66,080 | +€1,610 | +2.5% |
| Financial debts | 170/4 | €64,470 | €66,080 | +€1,610 | +2.5% |
| Amounts payable within one year | 42/48 | €93,393 | €162,722 | +€69,329 | +74.2% |
| Current portion of amounts payable after more than one year | 42 | €42,489 | €59,393 | +€16,903 | +39.8% |
| Financial debts | 43 | €1,192 | - | -€1,192 | |
| Credit institutions | 430/8 | €1,192 | - | -€1,192 | |
| Trade debts | 44 | €2,297 | €17,973 | +€15,676 | +682% |
| Suppliers | 440/4 | €2,297 | €17,973 | +€15,676 | +682% |
| Taxes, remuneration and social security | 45 | €25,618 | €68,357 | +€42,739 | +167% |
| Taxes | 450/3 | €21,534 | €48,862 | +€27,328 | +127% |
| Remuneration and social security | 454/9 | €4,084 | €19,496 | +€15,411 | +377% |
| Other amounts payable | 47/48 | €21,797 | €17,000 | -€4,797 | -22.0% |
| Accrued charges and deferred income | 492/3 | €99 | €14 | -€85 | -86.1% |
| Remuneration, social security and pensions | 62 | €66,316 | €146,936 | +€80,620 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,202 | €54,089 | +€3,886 | +7.7% |
| Other operating charges | 640/8 | €12,705 | €26,679 | +€13,974 | +110% |
| Gross operating margin | 9900 | €177,017 | €327,207 | +€150,189 | +84.8% |
| Operating profit (loss) | 9901 | €47,795 | €99,503 | +€51,708 | +108% |
| Financial income | 75/76B | €3 | €244 | +€241 | +8,022% |
| Recurring financial income | 75 | €3 | €244 | +€241 | +8,022% |
| Financial charges | 65/66B | €7,813 | €8,424 | +€611 | +7.8% |
| Recurring financial charges | 65 | €7,813 | €8,424 | +€611 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €39,985 | €91,322 | +€51,338 | +128% |
| Income taxes | 67/77 | €9,144 | €25,057 | +€15,913 | +174% |
| Profit (loss) for the period | 9904 | €30,841 | €66,265 | +€35,424 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €30,841 | €66,265 | +€35,424 | +115% |
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 19 October 2026 via checked.be.