Tavares Consulting: 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.
Tavares Consulting
Largest movements
- Cash +€52,522
up €52,522 (+1,942%), from €2,705 to €55,227
mainly Net result for the year (+€42,491) and Receivables within one year (+€24,618)
- Receivables within one year -€24,618
down €24,618 (-23.5%), from €104,894 to €80,276
of which Trade receivables: -€37,054
- Tangible fixed assets +€13,586
up €13,586 (+1,163%), from €1,168 to €14,754
of which Furniture and vehicles: +€12,825
- Reserves +€28,146
up €28,146 (+52.2%), from €53,941 to €82,087
- Tax, wage and social debts +€21,264
up €21,264 (+80.9%), from €26,299 to €47,563
- Other debts -€4,781
down €4,781 (-25.0%), from €19,127 to €14,346
- Gross operating margin +€22,552
up €22,552 (+51.7%), from €43,580 to €66,132
- Taxes +€5,713
up €5,713 (+46.6%), from €12,251 to €17,963
- Depreciation +€2,263
up €2,263 (+136%), from €1,666 to €3,930
- Other operating charges +€769
up €769 (+285%), from €270 to €1,040
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 | €133,796 | €176,908 | +€43,111 | +32.2% |
| Fixed assets | 21/28 | €1,198 | €14,784 | +€13,586 | +1,134% |
| Tangible fixed assets | 22/27 | €1,168 | €14,754 | +€13,586 | +1,163% |
| Plant, machinery and equipment | 23 | €352 | €1,114 | +€761 | +216% |
| Furniture and vehicles | 24 | €816 | €13,641 | +€12,825 | +1,572% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €132,598 | €162,124 | +€29,525 | +22.3% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €104,894 | €80,276 | -€24,618 | -23.5% |
| Trade receivables | 40 | €79,071 | €42,017 | -€37,054 | -46.9% |
| Other amounts receivable | 41 | €25,822 | €38,259 | +€12,437 | +48.2% |
| Cash at bank and in hand | 54/58 | €2,705 | €55,227 | +€52,522 | +1,942% |
| Deferred charges and accrued income | 490/1 | - | €1,621 | +€1,621 | |
| Total equity and liabilities | 10/49 | €133,796 | €176,908 | +€43,111 | +32.2% |
| Equity | 10/15 | €60,141 | €88,287 | +€28,146 | +46.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,941 | €82,087 | +€28,146 | +52.2% |
| Distributable reserves | 133 | €53,941 | €82,087 | +€28,146 | +52.2% |
| Amounts payable | 17/49 | €73,655 | €88,621 | +€14,966 | +20.3% |
| Amounts payable within one year | 42/48 | €73,655 | €88,621 | +€14,966 | +20.3% |
| Trade debts | 44 | €28,229 | €26,712 | -€1,517 | -5.4% |
| Suppliers | 440/4 | €28,229 | €26,712 | -€1,517 | -5.4% |
| Taxes, remuneration and social security | 45 | €26,299 | €47,563 | +€21,264 | +80.9% |
| Taxes | 450/3 | €26,299 | €47,563 | +€21,264 | +80.9% |
| Other amounts payable | 47/48 | €19,127 | €14,346 | -€4,781 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,666 | €3,930 | +€2,263 | +136% |
| Other operating charges | 640/8 | €270 | €1,040 | +€769 | +285% |
| Gross operating margin | 9900 | €43,580 | €66,132 | +€22,552 | +51.7% |
| Operating profit (loss) | 9901 | €41,644 | €61,163 | +€19,519 | +46.9% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €779 | €713 | -€67 | -8.5% |
| Recurring financial charges | 65 | €771 | €705 | -€66 | -8.5% |
| Non-recurring financial charges | 66B | €8 | €7 | -€1 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €40,865 | €60,455 | +€19,590 | +47.9% |
| Income taxes | 67/77 | €12,251 | €17,963 | +€5,713 | +46.6% |
| Profit (loss) for the period | 9904 | €28,614 | €42,491 | +€13,878 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,614 | €42,491 | +€13,878 | +48.5% |
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 1 November 2026 via checked.be.