TV Projects: 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.
TV Projects
Largest movements
- Receivables within one year +€10,095
up €10,095 (+1,525%), from €662 to €10,757
of which Trade receivables: +€10,604
- Tangible fixed assets +€8,126
new in 2025: €8,126
of which Plant, machinery and equipment: +€5,779
- Cash +€6,523
new in 2025: €6,523
mainly Tax, wage and social debts (+€20,302) and Trade debts (+€10,039)
- Financial fixed assets +€2,160
new in 2025: €2,160
- Deferred charges and accrued income -€809
down €809 (-8.9%), from €9,100 to €8,291
- Tax, wage and social debts +€20,302
new in 2025: €20,302
- Trade debts +€10,039
new in 2025: €10,039
- Other debts -€8,318
down €8,318 (-96.4%), from €8,626 to €308
- Profit (loss) carried forward +€4,072
up €4,072, from -€1,596 to €2,476
- Taxes +€5,077
new in 2025: €5,077
- Gross operating margin +€4,876
up €4,876 (+53.6%), from €9,100 to €13,976
- Other operating charges +€3,442
new in 2025: €3,442
- Financial charges +€764
new in 2025: €764
- Depreciation +€624
new in 2025: €624
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 | €9,762 | €35,856 | +€26,094 | +267% |
| Fixed assets | 21/28 | - | €10,286 | +€10,286 | |
| Tangible fixed assets | 22/27 | - | €8,126 | +€8,126 | |
| Plant, machinery and equipment | 23 | - | €5,779 | +€5,779 | |
| Furniture and vehicles | 24 | - | €2,347 | +€2,347 | |
| Financial fixed assets | 28 | - | €2,160 | +€2,160 | |
| Current assets | 29/58 | €9,762 | €25,571 | +€15,809 | +162% |
| Amounts receivable within one year | 40/41 | €662 | €10,757 | +€10,095 | +1,525% |
| Trade receivables | 40 | - | €10,604 | +€10,604 | |
| Other amounts receivable | 41 | €662 | €153 | -€510 | -77.0% |
| Cash at bank and in hand | 54/58 | - | €6,523 | +€6,523 | |
| Deferred charges and accrued income | 490/1 | €9,100 | €8,291 | -€809 | -8.9% |
| Total equity and liabilities | 10/49 | €9,762 | €35,856 | +€26,094 | +267% |
| Equity | 10/15 | €1,136 | €5,208 | +€4,072 | +358% |
| Contributions | 10/11 | €2,380 | €2,380 | = | 0.0% |
| Reserves | 13 | €352 | €352 | = | 0.0% |
| Non-distributable reserves | 130/1 | €352 | €352 | = | 0.0% |
| Reserves not available under the articles | 1311 | €352 | €352 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,596 | €2,476 | +€4,072 | |
| Amounts payable | 17/49 | €8,626 | €30,648 | +€22,022 | +255% |
| Amounts payable within one year | 42/48 | €8,626 | €30,648 | +€22,022 | +255% |
| Trade debts | 44 | - | €10,039 | +€10,039 | |
| Suppliers | 440/4 | - | €10,039 | +€10,039 | |
| Taxes, remuneration and social security | 45 | - | €20,302 | +€20,302 | |
| Taxes | 450/3 | - | €20,302 | +€20,302 | |
| Other amounts payable | 47/48 | €8,626 | €308 | -€8,318 | -96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €624 | +€624 | |
| Other operating charges | 640/8 | - | €3,442 | +€3,442 | |
| Gross operating margin | 9900 | €9,100 | €13,976 | +€4,876 | +53.6% |
| Operating profit (loss) | 9901 | €9,100 | €9,910 | +€810 | +8.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | - | €764 | +€764 | |
| Recurring financial charges | 65 | - | €764 | +€764 | |
| Profit (loss) for the period before taxes | 9903 | €9,100 | €9,149 | +€49 | +0.5% |
| Income taxes | 67/77 | - | €5,077 | +€5,077 | |
| Profit (loss) for the period | 9904 | €9,100 | €4,072 | -€5,028 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,100 | €4,072 | -€5,028 | -55.3% |
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 15 October 2026 via checked.be.