TPM-CONSULT: 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.
TPM-CONSULT
Largest movements
- Cash -€53,184
down €53,184 (-12.5%), from €424,048 to €370,864
mainly Contributions, distributions and other (-€95,451) and Tax, wage and social debts (-€24,474)
- Reserves -€27,179
down €27,179 (-8.7%), from €314,073 to €286,894
of which Distributable reserves: -€27,179
- Tax, wage and social debts -€24,474
down €24,474 (-62.9%), from €38,915 to €14,441
of which Taxes: -€24,377
- Gross operating margin +€4,942
up €4,942 (+5.3%), from €94,089 to €99,031
- Taxes +€1,280
up €1,280 (+4.1%), from €30,896 to €32,176
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 | €510,221 | €455,903 | -€54,318 | -10.6% |
| Current assets | 29/58 | €510,221 | €455,903 | -€54,318 | -10.6% |
| Amounts receivable within one year | 40/41 | €23,332 | €22,198 | -€1,134 | -4.9% |
| Trade receivables | 40 | €16,153 | €16,481 | +€328 | +2.0% |
| Other amounts receivable | 41 | €7,179 | €5,717 | -€1,462 | -20.4% |
| Current investments | 50/53 | €62,842 | €62,842 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €424,048 | €370,864 | -€53,184 | -12.5% |
| Total equity and liabilities | 10/49 | €510,221 | €455,903 | -€54,318 | -10.6% |
| Equity | 10/15 | €376,476 | €349,296 | -€27,179 | -7.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €314,073 | €286,894 | -€27,179 | -8.7% |
| 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 | €312,213 | €285,034 | -€27,179 | -8.7% |
| Profit (loss) carried forward | 14 | €50,002 | €50,002 | = | 0.0% |
| Amounts payable | 17/49 | €133,745 | €106,607 | -€27,138 | -20.3% |
| Amounts payable within one year | 42/48 | €133,745 | €106,607 | -€27,138 | -20.3% |
| Trade debts | 44 | €3,883 | - | -€3,883 | |
| Suppliers | 440/4 | €3,883 | - | -€3,883 | |
| Taxes, remuneration and social security | 45 | €38,915 | €14,441 | -€24,474 | -62.9% |
| Taxes | 450/3 | €38,649 | €14,272 | -€24,377 | -63.1% |
| Remuneration and social security | 454/9 | €266 | €169 | -€97 | -36.6% |
| Other amounts payable | 47/48 | €90,948 | €92,166 | +€1,219 | +1.3% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €94,089 | €99,031 | +€4,942 | +5.3% |
| Operating profit (loss) | 9901 | €93,974 | €98,905 | +€4,931 | +5.2% |
| Financial income | 75/76B | €2,107 | €2,150 | +€44 | +2.1% |
| Recurring financial income | 75 | €2,107 | €2,150 | +€44 | +2.1% |
| Financial charges | 65/66B | €760 | €608 | -€153 | -20.1% |
| Recurring financial charges | 65 | €760 | €608 | -€153 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €95,320 | €100,448 | +€5,127 | +5.4% |
| Income taxes | 67/77 | €30,896 | €32,176 | +€1,280 | +4.1% |
| Profit (loss) for the period | 9904 | €64,425 | €68,272 | +€3,847 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64,425 | €68,272 | +€3,847 | +6.0% |
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 4 October 2026 via checked.be.