T.v.b. Consultancy: 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.v.b. Consultancy
Largest movements
- Receivables within one year -€225,286
down €225,286 (-83.6%), from €269,442 to €44,156
of which Other amounts receivable: -€264,486
- Cash +€77,178
up €77,178 (+3,813%), from €2,024 to €79,202
mainly Receivables within one year (+€225,286) and Debts after one year (+€187,619)
- Short-term financial debts -€475,913
no longer reported in 2025 (was €475,913)
- Debts after one year +€187,619
up €187,619 (+48.3%), from €388,500 to €576,119
- Current portion of long-term debt +€77,381
new in 2025: €77,381
- Trade debts +€30,091
up €30,091 (+119%), from €25,196 to €55,287
- Profit (loss) carried forward +€24,885
up €24,885 (+87.8%), from -€28,342 to -€3,457
- Gross operating margin +€82,234
up €82,234, from -€28,297 to €53,936
- Financial charges +€27,497
up €27,497 (+598%), from €4,599 to €32,096
- Financial income +€3,555
new in 2025: €3,555
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 | €994,966 | €846,904 | -€148,062 | -14.9% |
| Fixed assets | 21/28 | €723,500 | €723,500 | = | 0.0% |
| Financial fixed assets | 28 | €723,500 | €723,500 | = | 0.0% |
| Current assets | 29/58 | €271,466 | €123,404 | -€148,062 | -54.5% |
| Amounts receivable within one year | 40/41 | €269,442 | €44,156 | -€225,286 | -83.6% |
| Trade receivables | 40 | - | €39,200 | +€39,200 | |
| Other amounts receivable | 41 | €269,442 | €4,956 | -€264,486 | -98.2% |
| Cash at bank and in hand | 54/58 | €2,024 | €79,202 | +€77,178 | +3,813% |
| Deferred charges and accrued income | 490/1 | - | €46 | +€46 | |
| Total equity and liabilities | 10/49 | €994,966 | €846,904 | -€148,062 | -14.9% |
| Equity | 10/15 | -€25,342 | -€457 | +€24,885 | +98.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,342 | -€3,457 | +€24,885 | +87.8% |
| Amounts payable | 17/49 | €1,020,308 | €847,361 | -€172,947 | -17.0% |
| Amounts payable after more than one year | 17 | €388,500 | €576,119 | +€187,619 | +48.3% |
| Financial debts | 170/4 | €388,500 | €576,119 | +€187,619 | +48.3% |
| Amounts payable within one year | 42/48 | €628,194 | €271,241 | -€356,953 | -56.8% |
| Current portion of amounts payable after more than one year | 42 | - | €77,381 | +€77,381 | |
| Financial debts | 43 | €475,913 | - | -€475,913 | |
| Credit institutions | 430/8 | €475,913 | - | -€475,913 | |
| Trade debts | 44 | €25,196 | €55,287 | +€30,091 | +119% |
| Suppliers | 440/4 | €25,196 | €55,287 | +€30,091 | +119% |
| Taxes, remuneration and social security | 45 | €2,086 | €13,573 | +€11,487 | +551% |
| Taxes | 450/3 | €2,086 | €13,573 | +€11,487 | +551% |
| Other amounts payable | 47/48 | €125,000 | €125,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,614 | - | -€3,614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €356 | - | -€356 | |
| Other operating charges | 640/8 | €671 | €510 | -€160 | -23.9% |
| Non-recurring operating charges | 66A | €992 | - | -€992 | |
| Gross operating margin | 9900 | -€28,297 | €53,936 | +€82,234 | |
| Operating profit (loss) | 9901 | -€30,316 | €53,426 | +€83,743 | |
| Financial income | 75/76B | - | €3,555 | +€3,555 | |
| Recurring financial income | 75 | - | €3,555 | +€3,555 | |
| Financial charges | 65/66B | €4,599 | €32,096 | +€27,497 | +598% |
| Recurring financial charges | 65 | €4,599 | €32,096 | +€27,497 | +598% |
| Profit (loss) for the period before taxes | 9903 | -€34,916 | €24,885 | +€59,801 | |
| Income taxes | 67/77 | €87 | - | -€87 | |
| Profit (loss) for the period | 9904 | -€35,003 | €24,885 | +€59,888 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,003 | €24,885 | +€59,888 |
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 19 October 2026 via checked.be.