T&F SERVICES: what changed
What changed
T&F SERVICES
NACE 81.220, Other building cleaning and industrial cleaning
filed annual accounts (NBB)
Net result for the year
-€1,228
2024 · €17,466-€18,694
Equity
€39,091
2024 · €40,318-€1,228
Cash
€20,327
2024 · €19,576+€751
Balance sheet total
€69,717
2024 · €80,156-€10,439
Largest movements
Assets
- Tangible fixed assets -€13,392
down €13,392 (-25.8%), from €51,831 to €38,439
of which Furniture and vehicles: -€13,363
- Receivables within one year +€2,202
up €2,202 (+27.6%), from €7,989 to €10,191
of which Trade receivables: +€3,445
Equity and liabilities
- Debts after one year -€6,364
down €6,364 (-31.3%), from €20,335 to €13,971
- Provisions -€1,622
down €1,622 (-65.1%), from €2,492 to €870
of which Provisions for liabilities and charges: -€1,250
- Reserves -€1,489
down €1,489 (-4.9%), from €30,285 to €28,796
of which Tax-exempt reserves: -€1,489
- Trade debts -€987
down €987 (-46.6%), from €2,121 to €1,133
- Tax, wage and social debts -€813
down €813 (-17.0%), from €4,785 to €3,972
Income statement
- Gross operating margin -€13,854
down €13,854 (-47.3%), from €29,271 to €15,418
- Depreciation +€10,063
up €10,063 (+255%), from €3,951 to €14,014
- Taxes -€2,208
down €2,208 (-52.8%), from €4,183 to €1,975
- Provisions -€1,250
new in 2025: -€1,250
- Other operating charges -€524
down €524 (-29.2%), from €1,793 to €1,269
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€17,466
Gross operating margin
-€13,854
Depreciation
-€10,063
Provisions
+€1,250
Other operating charges
+€524
Financial income
+€107
Financial charges
-€480
Taxes
+€2,208
Deferred taxes and other
+€1,614
Result 2025
-€1,228
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€7,482
Investment
-€622
Financing
-€6,108
Cash 2024
€19,576
From operations (derived)
+€7,482
Net result for the year
-€1,228
Depreciation
+€14,014
Receivables within one year
-€2,202
Provisions
-€1,622
Trade debts
-€987
Tax, wage and social debts
-€813
Other debts
+€319
Investment (derived)
-€622
Investment in fixed assets (net)
-€622
Financing
-€6,108
Debts after one year
-€6,364
Current portion of long-term debt
+€255
Cash 2025
€20,327
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,156 | €69,717 | -€10,439 | -13.0% |
| Fixed assets | 21/28 | €52,591 | €39,199 | -€13,392 | -25.5% |
| Tangible fixed assets | 22/27 | €51,831 | €38,439 | -€13,392 | -25.8% |
| Plant, machinery and equipment | 23 | €811 | €782 | -€28 | -3.5% |
| Furniture and vehicles | 24 | €51,020 | €37,657 | -€13,363 | -26.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €760 | €760 | = | 0.0% |
| Current assets | 29/58 | €27,565 | €30,518 | +€2,953 | +10.7% |
| Amounts receivable within one year | 40/41 | €7,989 | €10,191 | +€2,202 | +27.6% |
| Trade receivables | 40 | €6,221 | €9,666 | +€3,445 | +55.4% |
| Other amounts receivable | 41 | €1,768 | €525 | -€1,243 | -70.3% |
| Cash at bank and in hand | 54/58 | €19,576 | €20,327 | +€751 | +3.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €80,156 | €69,717 | -€10,439 | -13.0% |
| Equity | 10/15 | €40,318 | €39,091 | -€1,228 | -3.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €30,285 | €28,796 | -€1,489 | -4.9% |
| Tax-exempt reserves | 132 | €7,526 | €6,037 | -€1,489 | -19.8% |
| Distributable reserves | 133 | €22,759 | €22,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33 | €295 | +€262 | +782% |
| Provisions and deferred taxes | 16 | €2,492 | €870 | -€1,622 | -65.1% |
| Provisions for liabilities and charges | 160/5 | €1,250 | €0 | -€1,250 | -100% |
| Other liabilities and charges | 164/5 | €1,250 | €0 | -€1,250 | -100% |
| Deferred taxes | 168 | €1,242 | €870 | -€372 | -30.0% |
| Amounts payable | 17/49 | €37,345 | €29,756 | -€7,589 | -20.3% |
| Amounts payable after more than one year | 17 | €20,335 | €13,971 | -€6,364 | -31.3% |
| Financial debts | 170/4 | €20,335 | €13,971 | -€6,364 | -31.3% |
| Amounts payable within one year | 42/48 | €17,010 | €15,785 | -€1,225 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €6,108 | €6,364 | +€255 | +4.2% |
| Trade debts | 44 | €2,121 | €1,133 | -€987 | -46.6% |
| Suppliers | 440/4 | €2,121 | €1,133 | -€987 | -46.6% |
| Taxes, remuneration and social security | 45 | €4,785 | €3,972 | -€813 | -17.0% |
| Taxes | 450/3 | €4,785 | €3,972 | -€813 | -17.0% |
| Other amounts payable | 47/48 | €3,997 | €4,316 | +€319 | +8.0% |
| Non-recurring operating income | 76A | €7,446 | €0 | -€7,446 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,951 | €14,014 | +€10,063 | +255% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€1,250 | -€1,250 | |
| Other operating charges | 640/8 | €1,793 | €1,269 | -€524 | -29.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €29,271 | €15,418 | -€13,854 | -47.3% |
| Operating profit (loss) | 9901 | €23,528 | €1,385 | -€22,143 | -94.1% |
| Financial income | 75/76B | €0 | €107 | +€107 | |
| Recurring financial income | 75 | €0 | €107 | +€107 | |
| Financial charges | 65/66B | €637 | €1,117 | +€480 | +75.4% |
| Recurring financial charges | 65 | €637 | €1,117 | +€480 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | €22,891 | €375 | -€22,516 | -98.4% |
| Transfer from deferred taxes | 780 | €247 | €372 | +€125 | +50.6% |
| Transfer to deferred taxes | 680 | €1,489 | €0 | -€1,489 | -100% |
| Income taxes | 67/77 | €4,183 | €1,975 | -€2,208 | -52.8% |
| Profit (loss) for the period | 9904 | €17,466 | -€1,228 | -€18,694 | |
| Transfer from tax-exempt reserves | 789 | €989 | €1,489 | +€500 | +50.6% |
| Transfer to tax-exempt reserves | 689 | €5,957 | €0 | -€5,957 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €12,498 | €262 | -€12,237 | -97.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.