TPLC: 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.
TPLC
Largest movements
- Receivables after one year -€131,072
down €131,072 (-100.0%), from €131,072 to €0
- Receivables within one year +€117,886
up €117,886 (+49.7%), from €237,315 to €355,201
of which Other amounts receivable: +€118,712
- Cash -€42,998
down €42,998 (-41.2%), from €104,339 to €61,340
mainly Receivables within one year (-€117,886) and Other debts (-€115,888)
- Tangible fixed assets -€25,973
down €25,973 (-47.3%), from €54,873 to €28,900
of which Furniture and vehicles: -€19,942
- Other debts -€115,888
down €115,888 (-54.5%), from €212,662 to €96,774
- Reserves +€41,382
up €41,382 (+15.5%), from €267,683 to €309,065
of which Distributable reserves: +€42,541
- Gross operating margin +€14,274
up €14,274 (+8.8%), from €161,303 to €175,577
- Financial income -€3,824
down €3,824 (-23.3%), from €16,435 to €12,610
- Depreciation -€2,439
down €2,439 (-10.6%), from €22,926 to €20,487
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €531,626 | €451,219 | -€80,407 | -15.1% |
| Fixed assets | 21/28 | €54,873 | €28,900 | -€25,973 | -47.3% |
| Tangible fixed assets | 22/27 | €54,873 | €28,900 | -€25,973 | -47.3% |
| Plant, machinery and equipment | 23 | €137 | €0 | -€137 | -100.0% |
| Furniture and vehicles | 24 | €45,878 | €25,936 | -€19,942 | -43.5% |
| Other tangible fixed assets | 26 | €8,858 | €2,964 | -€5,894 | -66.5% |
| Current assets | 29/58 | €476,754 | €422,319 | -€54,434 | -11.4% |
| Amounts receivable after more than one year | 29 | €131,072 | €0 | -€131,072 | -100.0% |
| Other amounts receivable | 291 | €131,072 | €0 | -€131,072 | -100.0% |
| Stocks and contracts in progress | 3 | €787 | €0 | -€787 | -100.0% |
| Stocks | 30/36 | €787 | €0 | -€787 | -100.0% |
| Amounts receivable within one year | 40/41 | €237,315 | €355,201 | +€117,886 | +49.7% |
| Trade receivables | 40 | €20,149 | €19,322 | -€826 | -4.1% |
| Other amounts receivable | 41 | €217,166 | €335,878 | +€118,712 | +54.7% |
| Cash at bank and in hand | 54/58 | €104,339 | €61,340 | -€42,998 | -41.2% |
| Deferred charges and accrued income | 490/1 | €3,241 | €5,778 | +€2,538 | +78.3% |
| Total equity and liabilities | 10/49 | €531,626 | €451,219 | -€80,407 | -15.1% |
| Equity | 10/15 | €273,883 | €315,265 | +€41,382 | +15.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €267,683 | €309,065 | +€41,382 | +15.5% |
| Non-distributable reserves | 130/1 | €1,159 | €0 | -€1,159 | -100.0% |
| Reserves not available under the articles | 1311 | €1,159 | €0 | -€1,159 | -100.0% |
| Distributable reserves | 133 | €266,525 | €309,065 | +€42,541 | +16.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €257,743 | €135,954 | -€121,789 | -47.3% |
| Amounts payable within one year | 42/48 | €257,743 | €135,954 | -€121,789 | -47.3% |
| Trade debts | 44 | €1,043 | €13 | -€1,030 | -98.8% |
| Suppliers | 440/4 | €1,043 | €13 | -€1,030 | -98.8% |
| Taxes, remuneration and social security | 45 | €44,038 | €39,167 | -€4,871 | -11.1% |
| Taxes | 450/3 | €44,038 | €39,167 | -€4,871 | -11.1% |
| Other amounts payable | 47/48 | €212,662 | €96,774 | -€115,888 | -54.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,926 | €20,487 | -€2,439 | -10.6% |
| Other operating charges | 640/8 | €1,976 | €2,238 | +€262 | +13.2% |
| Non-recurring operating charges | 66A | - | €8,858 | +€8,858 | |
| Gross operating margin | 9900 | €161,303 | €175,577 | +€14,274 | +8.8% |
| Operating profit (loss) | 9901 | €136,401 | €143,995 | +€7,593 | +5.6% |
| Financial income | 75/76B | €16,435 | €12,610 | -€3,824 | -23.3% |
| Recurring financial income | 75 | €16,435 | €12,610 | -€3,824 | -23.3% |
| Financial charges | 65/66B | €185 | €317 | +€132 | +71.3% |
| Recurring financial charges | 65 | €185 | €317 | +€132 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | €152,651 | €156,289 | +€3,637 | +2.4% |
| Income taxes | 67/77 | €47,804 | €47,466 | -€338 | -0.7% |
| Profit (loss) for the period | 9904 | €104,847 | €108,823 | +€3,976 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €104,847 | €108,823 | +€3,976 | +3.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.