TBR 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.
TBR Consulting
Largest movements
- Cash +€357,329
up €357,329 (+392%), from €91,190 to €448,519
mainly Net result for the year (+€200,197) and Tax, wage and social debts (+€93,217)
- Receivables within one year -€77,036
down €77,036 (-62.5%), from €123,271 to €46,235
- Current investments +€11,390
up €11,390 (+3.8%), from €300,000 to €311,390
- Reserves +€200,197
up €200,197 (+64.2%), from €311,633 to €511,830
- Tax, wage and social debts +€93,217
up €93,217 (+54.1%), from €172,367 to €265,584
- Gross operating margin -€153,267
down €153,267 (-33.7%), from €454,412 to €301,145
- Taxes -€40,665
down €40,665 (-29.2%), from €139,163 to €98,498
- Financial income +€5,890
up €5,890 (+1,402,412%), from €0 to €5,891
- Financial charges +€4,777
up €4,777 (+173%), from €2,766 to €7,543
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 | €515,921 | €808,188 | +€292,268 | +56.6% |
| Fixed assets | 21/28 | €1,460 | €2,045 | +€585 | +40.1% |
| Tangible fixed assets | 22/27 | €1,460 | €2,045 | +€585 | +40.1% |
| Furniture and vehicles | 24 | €1,460 | €2,045 | +€585 | +40.1% |
| Current assets | 29/58 | €514,461 | €806,144 | +€291,683 | +56.7% |
| Amounts receivable within one year | 40/41 | €123,271 | €46,235 | -€77,036 | -62.5% |
| Trade receivables | 40 | €123,271 | €46,235 | -€77,036 | -62.5% |
| Current investments | 50/53 | €300,000 | €311,390 | +€11,390 | +3.8% |
| Cash at bank and in hand | 54/58 | €91,190 | €448,519 | +€357,329 | +392% |
| Deferred charges and accrued income | 490/1 | - | €1 | +€1 | |
| Total equity and liabilities | 10/49 | €515,921 | €808,188 | +€292,268 | +56.6% |
| Equity | 10/15 | €326,633 | €526,830 | +€200,197 | +61.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | - | -€15,000 | |
| Issued capital | 100 | €15,000 | - | -€15,000 | |
| Reserves | 13 | €311,633 | €511,830 | +€200,197 | +64.2% |
| Distributable reserves | 133 | €311,633 | €511,830 | +€200,197 | +64.2% |
| Amounts payable | 17/49 | €189,288 | €281,359 | +€92,071 | +48.6% |
| Amounts payable within one year | 42/48 | €189,288 | €281,333 | +€92,045 | +48.6% |
| Trade debts | 44 | €1,310 | €88 | -€1,222 | -93.3% |
| Suppliers | 440/4 | €1,310 | €88 | -€1,222 | -93.3% |
| Taxes, remuneration and social security | 45 | €172,367 | €265,584 | +€93,217 | +54.1% |
| Taxes | 450/3 | €172,367 | €265,584 | +€93,217 | +54.1% |
| Other amounts payable | 47/48 | €15,611 | €15,661 | +€51 | +0.3% |
| Accrued charges and deferred income | 492/3 | - | €26 | +€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70 | €502 | +€431 | +614% |
| Other operating charges | 640/8 | €780 | €295 | -€485 | -62.2% |
| Gross operating margin | 9900 | €454,412 | €301,145 | -€153,267 | -33.7% |
| Operating profit (loss) | 9901 | €453,562 | €300,348 | -€153,213 | -33.8% |
| Financial income | 75/76B | €0 | €5,891 | +€5,890 | +1,402,412% |
| Recurring financial income | 75 | €0 | €5,891 | +€5,890 | +1,402,412% |
| Financial charges | 65/66B | €2,766 | €7,543 | +€4,777 | +173% |
| Recurring financial charges | 65 | €2,766 | €7,543 | +€4,777 | +173% |
| Profit (loss) for the period before taxes | 9903 | €450,796 | €298,696 | -€152,100 | -33.7% |
| Income taxes | 67/77 | €139,163 | €98,498 | -€40,665 | -29.2% |
| Profit (loss) for the period | 9904 | €311,633 | €200,197 | -€111,435 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €311,633 | €200,197 | -€111,435 | -35.8% |
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 16 October 2026 via checked.be.