TPS CONSTRUCT: what changed
TPS CONSTRUCT
Largest movements
- Receivables within one year +€60,105
up €60,105 (+173%), from €34,759 to €94,864
of which Other amounts receivable: +€40,323
- Cash +€2,575
up €2,575 (+14.0%), from €18,414 to €20,989
mainly Trade debts (+€24,329) and Current portion of long-term debt (+€23,850)
- Trade debts +€24,329
up €24,329 (+333%), from €7,303 to €31,632
of which Bills of exchange payable: +€26,286
- Current portion of long-term debt +€23,850
new in 2025: €23,850
- Profit (loss) carried forward +€13,332
up €13,332 (+38.8%), from €34,385 to €47,717
- Tax, wage and social debts +€1,169
up €1,169 (+21.3%), from €5,485 to €6,654
- Purchases and services +€188,065
up €188,065 (+95.9%), from €196,052 to €384,117
- Depreciation -€11,126
no longer reported in 2025 (was €11,126)
- Gross operating margin -€9,165
down €9,165 (-32.9%), from €27,846 to €18,681
- Staff costs +€901
up €901 (+751%), from €120 to €1,021
- Taxes +€398
up €398 (+12.7%), from €3,128 to €3,526
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,173 | €115,853 | +€62,680 | +118% |
| Current assets | 29/58 | €53,173 | €115,853 | +€62,680 | +118% |
| Amounts receivable within one year | 40/41 | €34,759 | €94,864 | +€60,105 | +173% |
| Trade receivables | 40 | €31,705 | €51,487 | +€19,782 | +62.4% |
| Other amounts receivable | 41 | €3,054 | €43,377 | +€40,323 | +1,320% |
| Cash at bank and in hand | 54/58 | €18,414 | €20,989 | +€2,575 | +14.0% |
| Total equity and liabilities | 10/49 | €53,173 | €115,853 | +€62,680 | +118% |
| Equity | 10/15 | €40,385 | €53,717 | +€13,332 | +33.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,385 | €47,717 | +€13,332 | +38.8% |
| Amounts payable | 17/49 | €12,788 | €62,136 | +€49,348 | +386% |
| Amounts payable within one year | 42/48 | €12,788 | €62,136 | +€49,348 | +386% |
| Current portion of amounts payable after more than one year | 42 | - | €23,850 | +€23,850 | |
| Trade debts | 44 | €7,303 | €31,632 | +€24,329 | +333% |
| Suppliers | 440/4 | €4,042 | €2,085 | -€1,957 | -48.4% |
| Bills of exchange payable | 441 | €3,261 | €29,547 | +€26,286 | +806% |
| Taxes, remuneration and social security | 45 | €5,485 | €6,654 | +€1,169 | +21.3% |
| Taxes | 450/3 | €5,485 | €6,654 | +€1,169 | +21.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €196,052 | €384,117 | +€188,065 | +95.9% |
| Remuneration, social security and pensions | 62 | €120 | €1,021 | +€901 | +751% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,126 | - | -€11,126 | |
| Other operating charges | 640/8 | €905 | €747 | -€158 | -17.5% |
| Gross operating margin | 9900 | €27,846 | €18,681 | -€9,165 | -32.9% |
| Operating profit (loss) | 9901 | €15,695 | €16,913 | +€1,218 | +7.8% |
| Financial charges | 65/66B | €56 | €55 | -€1 | -1.8% |
| Recurring financial charges | 65 | €56 | €55 | -€1 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €15,639 | €16,858 | +€1,219 | +7.8% |
| Income taxes | 67/77 | €3,128 | €3,526 | +€398 | +12.7% |
| Profit (loss) for the period | 9904 | €12,511 | €13,332 | +€821 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,511 | €13,332 | +€821 | +6.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.