TPLT: 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.
TPLT
Largest movements
- Cash +€16,727
up €16,727 (+585.3%), from €2,858 to €19,585
mainly Net result for the year (+€28,121) and Receivables within one year (+€13,454)
- Receivables within one year -€13,454
down €13,454 (-42.8%), from €31,433 to €17,979
of which Trade receivables: -€28,141
- Tangible fixed assets +€1,107
up €1,107 (+134.8%), from €821 to €1,929
of which Plant, machinery and equipment: +€911
- Advances received -€27,500
no longer reported in 2025 (was €27,500)
- Reserves +€24,241
up €24,241 (+4401.2%), from €551 to €24,792
- Tax, wage and social debts +€4,537
up €4,537 (+2092.3%), from €217 to €4,754
- Profit (loss) carried forward +€3,880
no longer reported in 2025 (was -€3,880)
- Trade debts -€574
down €574 (-11.5%), from €4,975 to €4,401
- Gross operating margin +€30,013
up €30,013 (+814.1%), from €3,687 to €33,700
- Taxes +€3,683
up €3,683 (+676.4%), from €544 to €4,227
- Depreciation +€547
up €547 (+194.3%), from €281 to €828
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.
Cash bridge derived
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 | €35,563 | €40,147 | +€4,585 | +12.9% |
| Fixed assets | 21/28 | €821 | €1,929 | +€1,107 | +134.8% |
| Tangible fixed assets | 22/27 | €821 | €1,929 | +€1,107 | +134.8% |
| Plant, machinery and equipment | 23 | €821 | €1,732 | +€911 | +110.9% |
| Furniture and vehicles | 24 | - | €196 | +€196 | |
| Current assets | 29/58 | €34,741 | €38,219 | +€3,477 | +10.0% |
| Amounts receivable within one year | 40/41 | €31,433 | €17,979 | -€13,454 | -42.8% |
| Trade receivables | 40 | €28,967 | €826 | -€28,141 | -97.1% |
| Other amounts receivable | 41 | €2,467 | €17,153 | +€14,686 | +595.4% |
| Cash at bank and in hand | 54/58 | €2,858 | €19,585 | +€16,727 | +585.3% |
| Deferred charges and accrued income | 490/1 | €450 | €655 | +€205 | +45.5% |
| Total equity and liabilities | 10/49 | €35,563 | €40,147 | +€4,585 | +12.9% |
| Equity | 10/15 | €2,871 | €30,992 | +€28,121 | +979.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €551 | €24,792 | +€24,241 | +4401.2% |
| Distributable reserves | 133 | €551 | €24,792 | +€24,241 | +4401.2% |
| Profit (loss) carried forward | 14 | -€3,880 | - | +€3,880 | |
| Amounts payable | 17/49 | €32,692 | €9,155 | -€23,537 | -72.0% |
| Amounts payable within one year | 42/48 | €32,692 | €9,155 | -€23,537 | -72.0% |
| Trade debts | 44 | €4,975 | €4,401 | -€574 | -11.5% |
| Suppliers | 440/4 | €4,975 | €4,401 | -€574 | -11.5% |
| Advances received on contracts in progress | 46 | €27,500 | - | -€27,500 | |
| Taxes, remuneration and social security | 45 | €217 | €4,754 | +€4,537 | +2092.3% |
| Taxes | 450/3 | €217 | €4,754 | +€4,537 | +2092.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €281 | €828 | +€547 | +194.3% |
| Other operating charges | 640/8 | €957 | €678 | -€279 | -29.1% |
| Gross operating margin | 9900 | €3,687 | €33,700 | +€30,013 | +814.1% |
| Operating profit (loss) | 9901 | €2,448 | €32,194 | +€29,746 | +1215.0% |
| Financial income | 75/76B | €0 | €271 | +€271 | +902233.3% |
| Recurring financial income | 75 | €0 | €271 | +€271 | +902233.3% |
| Financial charges | 65/66B | €57 | €116 | +€59 | +102.2% |
| Recurring financial charges | 65 | €57 | €116 | +€59 | +102.2% |
| Profit (loss) for the period before taxes | 9903 | €2,391 | €32,349 | +€29,958 | +1253.0% |
| Income taxes | 67/77 | €544 | €4,227 | +€3,683 | +676.4% |
| Profit (loss) for the period | 9904 | €1,846 | €28,121 | +€26,275 | +1423.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,846 | €28,121 | +€26,275 | +1423.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.