TBT CONSULT: 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.
TBT CONSULT
Largest movements
- Cash +€24,173
up €24,173 (+44.6%), from €54,231 to €78,403
mainly Net result for the year (+€33,093) and Tax, wage and social debts (+€4,965)
- Receivables within one year +€15,524
up €15,524 (+155,244%), from €10 to €15,534
of which Trade receivables: +€15,341
- Tangible fixed assets -€1,597
down €1,597 (-14.8%), from €10,811 to €9,214
- Profit (loss) carried forward +€33,093
up €33,093 (+70.3%), from €47,107 to €80,199
- Tax, wage and social debts +€4,965
up €4,965 (+43.5%), from €11,412 to €16,377
- Gross operating margin +€16,093
up €16,093 (+52.9%), from €30,437 to €46,531
- Taxes +€3,679
up €3,679 (+68.4%), from €5,377 to €9,057
- Depreciation +€709
up €709 (+28.5%), from €2,484 to €3,193
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 | €68,031 | €106,432 | +€38,400 | +56.4% |
| Fixed assets | 21/28 | €13,791 | €12,494 | -€1,297 | -9.4% |
| Tangible fixed assets | 22/27 | €10,811 | €9,214 | -€1,597 | -14.8% |
| Furniture and vehicles | 24 | €10,811 | €9,214 | -€1,597 | -14.8% |
| Financial fixed assets | 28 | €2,980 | €3,280 | +€300 | +10.1% |
| Current assets | 29/58 | €54,241 | €93,938 | +€39,697 | +73.2% |
| Amounts receivable within one year | 40/41 | €10 | €15,534 | +€15,524 | +155,244% |
| Trade receivables | 40 | - | €15,341 | +€15,341 | |
| Other amounts receivable | 41 | €10 | €193 | +€183 | +1,832% |
| Cash at bank and in hand | 54/58 | €54,231 | €78,403 | +€24,173 | +44.6% |
| Total equity and liabilities | 10/49 | €68,031 | €106,432 | +€38,400 | +56.4% |
| Equity | 10/15 | €52,107 | €85,199 | +€33,093 | +63.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,107 | €80,199 | +€33,093 | +70.3% |
| Amounts payable | 17/49 | €15,925 | €21,232 | +€5,308 | +33.3% |
| Amounts payable within one year | 42/48 | €15,925 | €21,232 | +€5,308 | +33.3% |
| Trade debts | 44 | €1,533 | €1,663 | +€131 | +8.5% |
| Suppliers | 440/4 | €1,533 | €1,663 | +€131 | +8.5% |
| Taxes, remuneration and social security | 45 | €11,412 | €16,377 | +€4,965 | +43.5% |
| Taxes | 450/3 | €11,412 | €16,377 | +€4,965 | +43.5% |
| Other amounts payable | 47/48 | €2,980 | €3,192 | +€212 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,484 | €3,193 | +€709 | +28.5% |
| Other operating charges | 640/8 | €725 | €930 | +€205 | +28.3% |
| Gross operating margin | 9900 | €30,437 | €46,531 | +€16,093 | +52.9% |
| Operating profit (loss) | 9901 | €27,229 | €42,408 | +€15,179 | +55.7% |
| Financial income | 75/76B | €0 | €30 | +€30 | +9,366% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +9,366% |
| Financial charges | 65/66B | €297 | €289 | -€8 | -2.8% |
| Recurring financial charges | 65 | €297 | €289 | -€8 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €26,932 | €42,149 | +€15,218 | +56.5% |
| Income taxes | 67/77 | €5,377 | €9,057 | +€3,679 | +68.4% |
| Profit (loss) for the period | 9904 | €21,554 | €33,093 | +€11,538 | +53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,554 | €33,093 | +€11,538 | +53.5% |
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 13 October 2026 via checked.be.