TTC Sica: 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.
TTC Sica
Largest movements
- Receivables within one year -€10,618
down €10,618 (-77.1%), from €13,765 to €3,147
of which Trade receivables: -€12,681
- Receivables after one year -€4,335
down €4,335 (-100%), from €4,335 to €0
- Current investments +€3,184
new in 2025: €3,184
- Cash +€2,275
up €2,275 (+16.0%), from €14,197 to €16,472
mainly Receivables within one year (+€10,618) and Other debts (+€8,913)
- Tangible fixed assets +€994
up €994 (+26.5%), from €3,756 to €4,749
of which Furniture and vehicles: +€1,322
- Reserves -€9,153
down €9,153 (-51.9%), from €17,620 to €8,467
- Other debts +€8,913
up €8,913 (+325%), from €2,740 to €11,652
- Current portion of long-term debt -€6,377
down €6,377 (-100%), from €6,377 to €0
- Tax, wage and social debts -€1,992
down €1,992 (-58.3%), from €3,416 to €1,424
- Gross operating margin -€12,005
down €12,005 (-47.7%), from €25,160 to €13,155
- Taxes -€1,987
down €1,987 (-40.4%), from €4,924 to €2,937
- Financial charges -€721
down €721 (-22.8%), from €3,156 to €2,435
of which Financial charges: -€721
- Other operating charges -€295
down €295 (-22.4%), from €1,317 to €1,022
- Financial income -€257
down €257 (-94.7%), from €271 to €14
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 | €40,650 | €32,033 | -€8,617 | -21.2% |
| Fixed assets | 21/28 | €3,756 | €4,749 | +€994 | +26.5% |
| Tangible fixed assets | 22/27 | €3,756 | €4,749 | +€994 | +26.5% |
| Plant, machinery and equipment | 23 | €3,750 | €3,422 | -€328 | -8.7% |
| Furniture and vehicles | 24 | €6 | €1,328 | +€1,322 | +22,988% |
| Current assets | 29/58 | €36,894 | €27,283 | -€9,611 | -26.1% |
| Amounts receivable after more than one year | 29 | €4,335 | €0 | -€4,335 | -100% |
| Other amounts receivable | 291 | €4,335 | €0 | -€4,335 | -100% |
| Amounts receivable within one year | 40/41 | €13,765 | €3,147 | -€10,618 | -77.1% |
| Trade receivables | 40 | €13,765 | €1,083 | -€12,681 | -92.1% |
| Other amounts receivable | 41 | - | €2,063 | +€2,063 | |
| Current investments | 50/53 | - | €3,184 | +€3,184 | |
| Cash at bank and in hand | 54/58 | €14,197 | €16,472 | +€2,275 | +16.0% |
| Deferred charges and accrued income | 490/1 | €4,597 | €4,480 | -€117 | -2.6% |
| Total equity and liabilities | 10/49 | €40,650 | €32,033 | -€8,617 | -21.2% |
| Equity | 10/15 | €25,620 | €16,467 | -€9,153 | -35.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €17,620 | €8,467 | -€9,153 | -51.9% |
| Distributable reserves | 133 | €17,620 | €8,467 | -€9,153 | -51.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,030 | €15,566 | +€536 | +3.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €15,030 | €15,566 | +€536 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €6,377 | €0 | -€6,377 | -100% |
| Financial debts | 43 | €33 | €401 | +€368 | +1,099% |
| Credit institutions | 430/8 | €33 | €401 | +€368 | +1,099% |
| Trade debts | 44 | €2,464 | €2,088 | -€376 | -15.2% |
| Suppliers | 440/4 | €2,464 | €2,088 | -€376 | -15.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,416 | €1,424 | -€1,992 | -58.3% |
| Taxes | 450/3 | €3,416 | €1,424 | -€1,992 | -58.3% |
| Other amounts payable | 47/48 | €2,740 | €11,652 | +€8,913 | +325% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,195 | €2,089 | -€106 | -4.8% |
| Other operating charges | 640/8 | €1,317 | €1,022 | -€295 | -22.4% |
| Gross operating margin | 9900 | €25,160 | €13,155 | -€12,005 | -47.7% |
| Operating profit (loss) | 9901 | €21,649 | €10,044 | -€11,604 | -53.6% |
| Financial income | 75/76B | €271 | €14 | -€257 | -94.7% |
| Recurring financial income | 75 | €271 | €14 | -€257 | -94.7% |
| Financial charges | 65/66B | €3,156 | €2,435 | -€721 | -22.8% |
| Recurring financial charges | 65 | €3,156 | €2,435 | -€721 | -22.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €18,764 | €7,624 | -€11,140 | -59.4% |
| Income taxes | 67/77 | €4,924 | €2,937 | -€1,987 | -40.4% |
| Profit (loss) for the period | 9904 | €13,840 | €4,687 | -€9,153 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,840 | €4,687 | -€9,153 | -66.1% |
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 20 October 2026 via checked.be.