TT CONSTRUCT COMPANY: 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 CONSTRUCT COMPANY
Largest movements
- Receivables within one year +€6,472
up €6,472 (+41.4%), from €15,642 to €22,114
of which Trade receivables: +€10,035
- Cash -€2,199
down €2,199 (-64.6%), from €3,404 to €1,205
mainly Net result for the year (-€7,825) and Receivables within one year (-€6,472)
- Other debts +€11,858
new in 2024: €11,858
- Profit (loss) carried forward -€7,825
down €7,825 (-330%), from -€2,373 to -€10,198
- Trade debts +€240
up €240 (+8.5%), from €2,819 to €3,059
- Gross operating margin -€4,035
down €4,035 (-134%), from -€3,003 to -€7,038
- Other operating charges +€182
up €182 (+47.4%), from €384 to €566
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,046 | €23,319 | +€4,273 | +22.4% |
| Current assets | 29/58 | €19,046 | €23,319 | +€4,273 | +22.4% |
| Amounts receivable within one year | 40/41 | €15,642 | €22,114 | +€6,472 | +41.4% |
| Trade receivables | 40 | - | €10,035 | +€10,035 | |
| Other amounts receivable | 41 | €15,642 | €12,079 | -€3,563 | -22.8% |
| Cash at bank and in hand | 54/58 | €3,404 | €1,205 | -€2,199 | -64.6% |
| Total equity and liabilities | 10/49 | €19,046 | €23,319 | +€4,273 | +22.4% |
| Equity | 10/15 | €16,227 | €8,402 | -€7,825 | -48.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,373 | -€10,198 | -€7,825 | -330% |
| Amounts payable | 17/49 | €2,819 | €14,917 | +€12,098 | +429% |
| Amounts payable within one year | 42/48 | €2,819 | €14,917 | +€12,098 | +429% |
| Trade debts | 44 | €2,819 | €3,059 | +€240 | +8.5% |
| Suppliers | 440/4 | €2,819 | €3,059 | +€240 | +8.5% |
| Other amounts payable | 47/48 | - | €11,858 | +€11,858 | |
| Other operating charges | 640/8 | €384 | €566 | +€182 | +47.4% |
| Non-recurring operating charges | 66A | €31,810 | €50 | -€31,760 | -99.8% |
| Gross operating margin | 9900 | -€3,003 | -€7,038 | -€4,035 | -134% |
| Operating profit (loss) | 9901 | -€35,197 | -€7,654 | +€27,543 | +78.3% |
| Financial charges | 65/66B | €174 | €171 | -€3 | -1.7% |
| Recurring financial charges | 65 | €174 | €171 | -€3 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€35,371 | -€7,825 | +€27,546 | +77.9% |
| Profit (loss) for the period | 9904 | -€35,371 | -€7,825 | +€27,546 | +77.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,371 | -€7,825 | +€27,546 | +77.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.