TVP Georges: 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.
TVP Georges
Largest movements
- Cash +€23,265
up €23,265 (+49.5%), from €46,979 to €70,244
mainly Net result for the year (+€30,645) and Tax, wage and social debts (+€3,283)
- Receivables within one year +€11,199
up €11,199 (+125%), from €8,976 to €20,175
of which Other amounts receivable: +€10,217
- Tangible fixed assets -€1,496
down €1,496 (-32.2%), from €4,642 to €3,146
of which Furniture and vehicles: -€935
- Profit (loss) carried forward +€30,645
up €30,645 (+70.2%), from €43,682 to €74,327
- Tax, wage and social debts +€3,283
up €3,283 (+28.4%), from €11,547 to €14,829
- Gross operating margin -€16,282
down €16,282 (-28.7%), from €56,665 to €40,383
- Taxes -€3,264
down €3,264 (-28.3%), from €11,547 to €8,283
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 | €62,175 | €95,326 | +€33,151 | +53.3% |
| Fixed assets | 21/28 | €4,642 | €3,146 | -€1,496 | -32.2% |
| Tangible fixed assets | 22/27 | €4,642 | €3,146 | -€1,496 | -32.2% |
| Plant, machinery and equipment | 23 | €2,543 | €1,982 | -€561 | -22.1% |
| Furniture and vehicles | 24 | €2,099 | €1,164 | -€935 | -44.6% |
| Current assets | 29/58 | €57,533 | €92,180 | +€34,647 | +60.2% |
| Amounts receivable within one year | 40/41 | €8,976 | €20,175 | +€11,199 | +125% |
| Trade receivables | 40 | €8,976 | €9,959 | +€983 | +10.9% |
| Other amounts receivable | 41 | - | €10,217 | +€10,217 | |
| Cash at bank and in hand | 54/58 | €46,979 | €70,244 | +€23,265 | +49.5% |
| Deferred charges and accrued income | 490/1 | €1,578 | €1,761 | +€183 | +11.6% |
| Total equity and liabilities | 10/49 | €62,175 | €95,326 | +€33,151 | +53.3% |
| Equity | 10/15 | €47,682 | €78,327 | +€30,645 | +64.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,682 | €74,327 | +€30,645 | +70.2% |
| Amounts payable | 17/49 | €14,493 | €16,999 | +€2,506 | +17.3% |
| Amounts payable within one year | 42/48 | €14,493 | €16,999 | +€2,506 | +17.3% |
| Trade debts | 44 | €2,327 | €2,170 | -€158 | -6.8% |
| Suppliers | 440/4 | €2,327 | €2,170 | -€158 | -6.8% |
| Taxes, remuneration and social security | 45 | €11,547 | €14,829 | +€3,283 | +28.4% |
| Taxes | 450/3 | €11,547 | €14,829 | +€3,283 | +28.4% |
| Other amounts payable | 47/48 | €619 | €0 | -€619 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €968 | €1,496 | +€528 | +54.5% |
| Other operating charges | 640/8 | €216 | €291 | +€75 | +34.5% |
| Gross operating margin | 9900 | €56,665 | €40,383 | -€16,282 | -28.7% |
| Operating profit (loss) | 9901 | €55,480 | €38,596 | -€16,884 | -30.4% |
| Financial income | 75/76B | - | €446 | +€446 | |
| Recurring financial income | 75 | - | €446 | +€446 | |
| Financial charges | 65/66B | €252 | €114 | -€138 | -54.7% |
| Recurring financial charges | 65 | €252 | €114 | -€138 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | €55,228 | €38,928 | -€16,301 | -29.5% |
| Income taxes | 67/77 | €11,547 | €8,283 | -€3,264 | -28.3% |
| Profit (loss) for the period | 9904 | €43,682 | €30,645 | -€13,037 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,682 | €30,645 | -€13,037 | -29.8% |
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.