TPR: 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.
TPR
Largest movements
- Tangible fixed assets -€55,213
down €55,213 (-3.7%), from €1.5m to €1.4m
of which Plant, machinery and equipment: -€35,735
- Receivables within one year -€32,727
down €32,727 (-49.1%), from €66,702 to €33,975
of which Other amounts receivable: -€25,567
- Debts after one year -€70,893
down €70,893 (-11.5%), from €619,139 to €548,246
- Investment grants -€58,240
down €58,240 (-19.2%), from €303,600 to €245,360
- Other debts +€50,500
up €50,500 (+18.0%), from €280,073 to €330,573
- Staff costs -€147,180
down €147,180 (-90.2%), from €163,202 to €16,022
- Gross operating margin -€94,517
down €94,517 (-42.2%), from €224,127 to €129,610
- Depreciation +€32,681
up €32,681 (+150.7%), from €21,680 to €54,361
- Other operating charges +€20,113
up €20,113 (+1247.7%), from €1,612 to €21,725
- Financial income -€2,745
down €2,745 (-99.0%), from €2,774 to €29
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 | €1,571,820 | €1,483,529 | -€88,291 | -5.6% |
| Fixed assets | 21/28 | €1,504,577 | €1,449,364 | -€55,213 | -3.7% |
| Tangible fixed assets | 22/27 | €1,504,577 | €1,449,364 | -€55,213 | -3.7% |
| Land and buildings | 22 | €888,423 | €888,423 | = | 0.0% |
| Plant, machinery and equipment | 23 | €541,656 | €505,921 | -€35,735 | -6.6% |
| Furniture and vehicles | 24 | €74,498 | €55,020 | -€19,478 | -26.1% |
| Current assets | 29/58 | €67,243 | €34,165 | -€33,078 | -49.2% |
| Amounts receivable within one year | 40/41 | €66,702 | €33,975 | -€32,727 | -49.1% |
| Trade receivables | 40 | €12,000 | €4,840 | -€7,160 | -59.7% |
| Other amounts receivable | 41 | €54,702 | €29,135 | -€25,567 | -46.7% |
| Cash at bank and in hand | 54/58 | €541 | €190 | -€351 | -64.9% |
| Total equity and liabilities | 10/49 | €1,571,820 | €1,483,529 | -€88,291 | -5.6% |
| Equity | 10/15 | €570,727 | €512,838 | -€57,889 | -10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,021 | €34,021 | = | 0.0% |
| 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 | €32,161 | €32,161 | = | 0.0% |
| Profit (loss) carried forward | 14 | €214,506 | €214,857 | +€351 | +0.2% |
| Investment grants | 15 | €303,600 | €245,360 | -€58,240 | -19.2% |
| Amounts payable | 17/49 | €1,001,093 | €970,691 | -€30,402 | -3.0% |
| Amounts payable after more than one year | 17 | €619,139 | €548,246 | -€70,893 | -11.5% |
| Financial debts | 170/4 | €619,139 | €548,246 | -€70,893 | -11.5% |
| Amounts payable within one year | 42/48 | €381,954 | €422,445 | +€40,491 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €74,122 | €68,657 | -€5,465 | -7.4% |
| Financial debts | 43 | €22,231 | €23,215 | +€984 | +4.4% |
| Credit institutions | 430/8 | €22,231 | €23,215 | +€984 | +4.4% |
| Trade debts | 44 | €5,528 | - | -€5,528 | |
| Suppliers | 440/4 | €5,528 | - | -€5,528 | |
| Other amounts payable | 47/48 | €280,073 | €330,573 | +€50,500 | +18.0% |
| Remuneration, social security and pensions | 62 | €163,202 | €16,022 | -€147,180 | -90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,680 | €54,361 | +€32,681 | +150.7% |
| Other operating charges | 640/8 | €1,612 | €21,725 | +€20,113 | +1247.7% |
| Gross operating margin | 9900 | €224,127 | €129,610 | -€94,517 | -42.2% |
| Operating profit (loss) | 9901 | €37,633 | €37,502 | -€131 | -0.3% |
| Financial income | 75/76B | €2,774 | €29 | -€2,745 | -99.0% |
| Recurring financial income | 75 | €2,774 | €29 | -€2,745 | -99.0% |
| Financial charges | 65/66B | €39,374 | €37,043 | -€2,331 | -5.9% |
| Recurring financial charges | 65 | €39,374 | €36,392 | -€2,982 | -7.6% |
| Non-recurring financial charges | 66B | - | €651 | +€651 | |
| Profit (loss) for the period before taxes | 9903 | €1,033 | €488 | -€545 | -52.8% |
| Income taxes | 67/77 | €757 | €137 | -€620 | -81.9% |
| Profit (loss) for the period | 9904 | €276 | €351 | +€75 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €276 | €351 | +€75 | +27.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.