T & F Solutions: 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.
T & F Solutions
Largest movements
- Tangible fixed assets +€35,426
up €35,426 (+156%), from €22,743 to €58,169
of which Plant, machinery and equipment: +€38,116
- Cash -€20,869
down €20,869 (-77.9%), from €26,804 to €5,935
mainly Investment in fixed assets (net) (-€43,033) and Tax, wage and social debts (-€27,887)
- Receivables within one year +€7,907
up €7,907 (+628%), from €1,258 to €9,165
of which Other amounts receivable: +€8,847
- Stocks and contracts +€3,000
up €3,000 (+6.5%), from €46,415 to €49,415
- Debts after one year +€33,307
new in 2026: €33,307
- Tax, wage and social debts -€27,887
down €27,887 (-99.7%), from €27,959 to €71
- Other debts +€11,960
up €11,960 (+43.8%), from €27,329 to €39,290
- Current portion of long-term debt +€7,633
new in 2026: €7,633
- Gross operating margin -€42,246
down €42,246 (-79.7%), from €52,978 to €10,731
- Taxes -€11,096
down €11,096 (-92.5%), from €12,000 to €904
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,475 | €123,440 | +€25,965 | +26.6% |
| Fixed assets | 21/28 | €22,743 | €58,169 | +€35,426 | +156% |
| Tangible fixed assets | 22/27 | €22,743 | €58,169 | +€35,426 | +156% |
| Plant, machinery and equipment | 23 | €9,233 | €47,348 | +€38,116 | +413% |
| Furniture and vehicles | 24 | €13,510 | €10,821 | -€2,689 | -19.9% |
| Current assets | 29/58 | €74,732 | €65,271 | -€9,462 | -12.7% |
| Stocks and contracts in progress | 3 | €46,415 | €49,415 | +€3,000 | +6.5% |
| Stocks | 30/36 | €46,415 | €49,415 | +€3,000 | +6.5% |
| Amounts receivable within one year | 40/41 | €1,258 | €9,165 | +€7,907 | +628% |
| Trade receivables | 40 | €1,000 | €60 | -€940 | -94.0% |
| Other amounts receivable | 41 | €258 | €9,105 | +€8,847 | +3,428% |
| Cash at bank and in hand | 54/58 | €26,804 | €5,935 | -€20,869 | -77.9% |
| Deferred charges and accrued income | 490/1 | €255 | €756 | +€501 | +196% |
| Total equity and liabilities | 10/49 | €97,475 | €123,440 | +€25,965 | +26.6% |
| Equity | 10/15 | €41,535 | €42,228 | +€693 | +1.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,535 | €37,228 | +€693 | +1.9% |
| Amounts payable | 17/49 | €55,940 | €81,212 | +€25,272 | +45.2% |
| Amounts payable after more than one year | 17 | - | €33,307 | +€33,307 | |
| Financial debts | 170/4 | - | €33,307 | +€33,307 | |
| Amounts payable within one year | 42/48 | €55,940 | €47,905 | -€8,035 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | - | €7,633 | +€7,633 | |
| Trade debts | 44 | €652 | €911 | +€259 | +39.8% |
| Suppliers | 440/4 | €652 | €911 | +€259 | +39.8% |
| Taxes, remuneration and social security | 45 | €27,959 | €71 | -€27,887 | -99.7% |
| Taxes | 450/3 | €27,959 | €71 | -€27,887 | -99.7% |
| Other amounts payable | 47/48 | €27,329 | €39,290 | +€11,960 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,593 | €7,606 | +€13 | +0.2% |
| Other operating charges | 640/8 | €957 | €669 | -€289 | -30.2% |
| Gross operating margin | 9900 | €52,978 | €10,731 | -€42,246 | -79.7% |
| Operating profit (loss) | 9901 | €44,428 | €2,457 | -€41,971 | -94.5% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €726 | €859 | +€133 | +18.4% |
| Recurring financial charges | 65 | €726 | €859 | +€133 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €43,704 | €1,597 | -€42,107 | -96.3% |
| Income taxes | 67/77 | €12,000 | €904 | -€11,096 | -92.5% |
| Profit (loss) for the period | 9904 | €31,704 | €693 | -€31,011 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,704 | €693 | -€31,011 | -97.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.