TT Bouw: what changed
Two financial 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 Bouw
Largest movements
- Cash +€53,783
up €53,783 (+62.0%), from €86,705 to €140,488
mainly Depreciation (+€25,403) and Receivables within one year (+€16,691)
- Tangible fixed assets -€37,476
down €37,476 (-39.8%), from €94,140 to €56,664
of which Furniture and vehicles: -€22,241
- Receivables within one year -€16,691
down €16,691 (-9.2%), from €181,430 to €164,739
of which Other amounts receivable: -€17,434
- Debts after one year -€16,821
down €16,821 (-53.8%), from €31,286 to €14,465
- Accrued charges and deferred income +€15,837
new in 2025: €15,837
- Trade debts -€15,574
down €15,574 (-37.9%), from €41,075 to €25,501
- Reserves +€11,146
up €11,146 (+4.6%), from €240,481 to €251,627
of which Distributable reserves: +€11,146
- Staff costs +€27,981
up €27,981 (+47.6%), from €58,796 to €86,777
- Taxes -€15,545
down €15,545 (-75.5%), from €20,582 to €5,037
- Gross operating margin +€2,116
up €2,116 (+1.5%), from €138,608 to €140,724
- Financial income +€1,972
up €1,972 (+147%), from €1,339 to €3,311
- Depreciation +€1,915
up €1,915 (+8.2%), from €23,488 to €25,403
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.
Derived cash bridge
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 | €365,780 | €361,890 | -€3,889 | -1.1% |
| Fixed assets | 21/28 | €94,140 | €56,664 | -€37,476 | -39.8% |
| Tangible fixed assets | 22/27 | €94,140 | €56,664 | -€37,476 | -39.8% |
| Plant, machinery and equipment | 23 | €23,772 | €19,309 | -€4,463 | -18.8% |
| Furniture and vehicles | 24 | €37,507 | €15,266 | -€22,241 | -59.3% |
| Leasing and similar rights | 25 | €32,862 | €22,089 | -€10,772 | -32.8% |
| Current assets | 29/58 | €271,640 | €305,227 | +€33,587 | +12.4% |
| Amounts receivable within one year | 40/41 | €181,430 | €164,739 | -€16,691 | -9.2% |
| Trade receivables | 40 | €88,435 | €89,178 | +€743 | +0.8% |
| Other amounts receivable | 41 | €92,995 | €75,561 | -€17,434 | -18.7% |
| Cash at bank and in hand | 54/58 | €86,705 | €140,488 | +€53,783 | +62.0% |
| Deferred charges and accrued income | 490/1 | €3,505 | - | -€3,505 | |
| Total equity and liabilities | 10/49 | €365,780 | €361,890 | -€3,889 | -1.1% |
| Equity | 10/15 | €246,681 | €257,827 | +€11,146 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €240,481 | €251,627 | +€11,146 | +4.6% |
| 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 | €238,621 | €249,767 | +€11,146 | +4.7% |
| Amounts payable | 17/49 | €119,098 | €104,064 | -€15,035 | -12.6% |
| Amounts payable after more than one year | 17 | €31,286 | €14,465 | -€16,821 | -53.8% |
| Financial debts | 170/4 | €31,286 | €14,465 | -€16,821 | -53.8% |
| Amounts payable within one year | 42/48 | €87,813 | €73,762 | -€14,051 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €17,076 | €16,822 | -€254 | -1.5% |
| Trade debts | 44 | €41,075 | €25,501 | -€15,574 | -37.9% |
| Suppliers | 440/4 | €41,075 | €25,501 | -€15,574 | -37.9% |
| Taxes, remuneration and social security | 45 | €29,662 | €31,439 | +€1,777 | +6.0% |
| Taxes | 450/3 | €25,567 | €25,619 | +€52 | +0.2% |
| Remuneration and social security | 454/9 | €4,095 | €5,820 | +€1,725 | +42.1% |
| Accrued charges and deferred income | 492/3 | - | €15,837 | +€15,837 | |
| Remuneration, social security and pensions | 62 | €58,796 | €86,777 | +€27,981 | +47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,488 | €25,403 | +€1,915 | +8.2% |
| Other operating charges | 640/8 | €4,276 | €4,711 | +€436 | +10.2% |
| Non-recurring operating charges | 66A | - | €8,940 | +€8,940 | |
| Gross operating margin | 9900 | €138,608 | €140,724 | +€2,116 | +1.5% |
| Operating profit (loss) | 9901 | €52,048 | €14,892 | -€37,156 | -71.4% |
| Financial income | 75/76B | €1,339 | €3,311 | +€1,972 | +147% |
| Recurring financial income | 75 | €1,339 | €3,311 | +€1,972 | +147% |
| Financial charges | 65/66B | €829 | €2,020 | +€1,191 | +144% |
| Recurring financial charges | 65 | €829 | €2,020 | +€1,191 | +144% |
| Profit (loss) for the period before taxes | 9903 | €52,558 | €16,182 | -€36,376 | -69.2% |
| Income taxes | 67/77 | €20,582 | €5,037 | -€15,545 | -75.5% |
| Profit (loss) for the period | 9904 | €31,976 | €11,146 | -€20,831 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,976 | €11,146 | -€20,831 | -65.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.