TT Beheer: 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.
TT Beheer
Largest movements
- Receivables within one year +€77,017
up €77,017 (+351.7%), from €21,896 to €98,913
of which Other amounts receivable: +€88,167
- Financial fixed assets +€75,000
up €75,000 (+18.8%), from €400,000 to €475,000
- Cash -€17,866
down €17,866 (-94.4%), from €18,921 to €1,055
mainly Receivables within one year (-€77,017) and Investment in fixed assets (net) (-€75,000)
- Debts after one year +€100,492
up €100,492 (+103.7%), from €96,905 to €197,398
of which Other amounts payable: +€130,000
- Reserves +€22,525
up €22,525 (+12.3%), from €183,635 to €206,160
- Other debts +€9,475
up €9,475 (+8.2%), from €115,530 to €125,005
- Gross operating margin -€53,342
down €53,342 (-55.6%), from €95,862 to €42,520
- Taxes -€15,232
down €15,232 (-72.0%), from €21,170 to €5,938
- Financial charges -€1,290
down €1,290 (-11.4%), from €11,274 to €9,984
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 | €443,711 | €577,094 | +€133,384 | +30.1% |
| Fixed assets | 21/28 | €400,844 | €475,000 | +€74,156 | +18.5% |
| Tangible fixed assets | 22/27 | €844 | - | -€844 | |
| Furniture and vehicles | 24 | €844 | - | -€844 | |
| Financial fixed assets | 28 | €400,000 | €475,000 | +€75,000 | +18.8% |
| Current assets | 29/58 | €42,867 | €102,094 | +€59,228 | +138.2% |
| Amounts receivable within one year | 40/41 | €21,896 | €98,913 | +€77,017 | +351.7% |
| Trade receivables | 40 | €20,472 | €9,322 | -€11,150 | -54.5% |
| Other amounts receivable | 41 | €1,424 | €89,591 | +€88,167 | +6192.2% |
| Cash at bank and in hand | 54/58 | €18,921 | €1,055 | -€17,866 | -94.4% |
| Deferred charges and accrued income | 490/1 | €2,049 | €2,127 | +€78 | +3.8% |
| Total equity and liabilities | 10/49 | €443,711 | €577,094 | +€133,384 | +30.1% |
| Equity | 10/15 | €183,735 | €206,260 | +€22,525 | +12.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €183,635 | €206,160 | +€22,525 | +12.3% |
| Distributable reserves | 133 | €183,635 | €206,160 | +€22,525 | +12.3% |
| Amounts payable | 17/49 | €259,975 | €370,834 | +€110,859 | +42.6% |
| Amounts payable after more than one year | 17 | €96,905 | €197,398 | +€100,492 | +103.7% |
| Financial debts | 170/4 | €46,905 | €17,398 | -€29,508 | -62.9% |
| Other amounts payable | 178/9 | €50,000 | €180,000 | +€130,000 | +260.0% |
| Amounts payable within one year | 42/48 | €162,760 | €173,161 | +€10,401 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €31,521 | €31,949 | +€428 | +1.4% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €2,523 | €3,342 | +€819 | +32.5% |
| Suppliers | 440/4 | €2,523 | €3,342 | +€819 | +32.5% |
| Taxes, remuneration and social security | 45 | €13,186 | €12,864 | -€321 | -2.4% |
| Taxes | 450/3 | €10,130 | €11,364 | +€1,234 | +12.2% |
| Remuneration and social security | 454/9 | €3,055 | €1,500 | -€1,555 | -50.9% |
| Other amounts payable | 47/48 | €115,530 | €125,005 | +€9,475 | +8.2% |
| Accrued charges and deferred income | 492/3 | €310 | €276 | -€34 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623 | €844 | +€221 | +35.4% |
| Other operating charges | 640/8 | €774 | €846 | +€73 | +9.4% |
| Gross operating margin | 9900 | €95,862 | €42,520 | -€53,342 | -55.6% |
| Operating profit (loss) | 9901 | €94,465 | €40,829 | -€53,636 | -56.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €11,274 | €9,984 | -€1,290 | -11.4% |
| Recurring financial charges | 65 | €11,274 | €9,984 | -€1,290 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €83,191 | €30,846 | -€52,345 | -62.9% |
| Income taxes | 67/77 | €21,170 | €5,938 | -€15,232 | -72.0% |
| Profit (loss) for the period | 9904 | €62,022 | €24,908 | -€37,114 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,022 | €24,908 | -€37,114 | -59.8% |
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 5 October 2026 via checked.be.