TC 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.
TC Consultancy
Largest movements
- Cash -€48,218
down €48,218 (-68.0%), from €70,942 to €22,724
mainly Contributions, distributions and other (-€40,000) and Receivables within one year (-€22,458)
- Tangible fixed assets -€40,465
down €40,465 (-13.5%), from €299,889 to €259,424
of which Land and buildings: -€25,044
- Receivables within one year +€22,458
up €22,458 (+212.6%), from €10,563 to €33,021
of which Other amounts receivable: +€15,212
- Financial fixed assets -€6,000
down €6,000 (-52.2%), from €11,500 to €5,500
- Reserves -€40,000
down €40,000 (-25.5%), from €156,580 to €116,580
- Debts after one year -€22,281
down €22,281 (-12.6%), from €177,270 to €154,989
- Profit (loss) carried forward -€14,225
down €14,225, from €0 to -€14,225
- Other debts +€4,596
up €4,596 (+1074.9%), from €428 to €5,024
- Gross operating margin -€68,340
down €68,340 (-76.8%), from €88,974 to €20,635
- Taxes -€12,395
down €12,395 (-98.6%), from €12,574 to €179
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.
Cash bridge derived
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 | €396,398 | €324,272 | -€72,126 | -18.2% |
| Fixed assets | 21/28 | €311,389 | €264,924 | -€46,465 | -14.9% |
| Tangible fixed assets | 22/27 | €299,889 | €259,424 | -€40,465 | -13.5% |
| Land and buildings | 22 | €238,374 | €213,330 | -€25,044 | -10.5% |
| Plant, machinery and equipment | 23 | €2,389 | €1,553 | -€836 | -35.0% |
| Furniture and vehicles | 24 | €53,412 | €39,657 | -€13,755 | -25.8% |
| Other tangible fixed assets | 26 | €5,714 | €4,884 | -€830 | -14.5% |
| Financial fixed assets | 28 | €11,500 | €5,500 | -€6,000 | -52.2% |
| Current assets | 29/58 | €85,009 | €59,348 | -€25,661 | -30.2% |
| Amounts receivable within one year | 40/41 | €10,563 | €33,021 | +€22,458 | +212.6% |
| Trade receivables | 40 | €10,563 | €17,809 | +€7,246 | +68.6% |
| Other amounts receivable | 41 | €0 | €15,212 | +€15,212 | |
| Cash at bank and in hand | 54/58 | €70,942 | €22,724 | -€48,218 | -68.0% |
| Deferred charges and accrued income | 490/1 | €3,504 | €3,603 | +€99 | +2.8% |
| Total equity and liabilities | 10/49 | €396,398 | €324,272 | -€72,126 | -18.2% |
| Equity | 10/15 | €157,580 | €103,354 | -€54,225 | -34.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €156,580 | €116,580 | -€40,000 | -25.5% |
| Distributable reserves | 133 | €156,580 | €116,580 | -€40,000 | -25.5% |
| Profit (loss) carried forward | 14 | €0 | -€14,225 | -€14,225 | |
| Amounts payable | 17/49 | €238,818 | €220,918 | -€17,900 | -7.5% |
| Amounts payable after more than one year | 17 | €177,270 | €154,989 | -€22,281 | -12.6% |
| Financial debts | 170/4 | €177,270 | €154,989 | -€22,281 | -12.6% |
| Amounts payable within one year | 42/48 | €61,458 | €65,839 | +€4,381 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €21,548 | €22,281 | +€734 | +3.4% |
| Trade debts | 44 | €18,329 | €19,980 | +€1,651 | +9.0% |
| Suppliers | 440/4 | €18,329 | €19,980 | +€1,651 | +9.0% |
| Taxes, remuneration and social security | 45 | €21,154 | €18,554 | -€2,600 | -12.3% |
| Taxes | 450/3 | €21,154 | €15,854 | -€5,300 | -25.1% |
| Remuneration and social security | 454/9 | - | €2,700 | +€2,700 | |
| Other amounts payable | 47/48 | €428 | €5,024 | +€4,596 | +1074.9% |
| Accrued charges and deferred income | 492/3 | €90 | €90 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,330 | +€1,330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,732 | €28,080 | -€652 | -2.3% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €88,974 | €20,635 | -€68,340 | -76.8% |
| Operating profit (loss) | 9901 | €59,729 | -€7,973 | -€67,702 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €6,708 | €6,073 | -€635 | -9.5% |
| Recurring financial charges | 65 | €6,708 | €6,073 | -€635 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €53,021 | -€14,046 | -€67,067 | |
| Income taxes | 67/77 | €12,574 | €179 | -€12,395 | -98.6% |
| Profit (loss) for the period | 9904 | €40,447 | -€14,225 | -€54,673 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,447 | -€14,225 | -€54,673 |
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 11 October 2026 via checked.be.