TCE 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.
TCE Consulting
Largest movements
- Receivables within one year +€13,524
up €13,524 (+17.9%), from €75,540 to €89,064
of which Other amounts receivable: +€13,951
- Tangible fixed assets -€10,694
down €10,694 (-8.1%), from €132,745 to €122,052
of which Land and buildings: -€6,750
- Deferred charges and accrued income +€5,744
up €5,744 (+59.5%), from €9,646 to €15,390
- Intangible fixed assets +€3,177
new in 2024: €3,177
- Reserves +€20,673
up €20,673 (+36.9%), from €55,983 to €76,656
- Debts after one year -€16,713
down €16,713 (-12.2%), from €136,900 to €120,186
- Trade debts +€9,450
up €9,450 (+50.0%), from €18,901 to €28,351
- Short-term financial debts -€7,178
down €7,178 (-51.0%), from €14,066 to €6,888
- Profit (loss) carried forward +€4,196
up €4,196, from -€4,196 to €0
- Gross operating margin +€33,158
up €33,158 (+37.3%), from €88,952 to €122,110
- Other operating charges -€9,122
down €9,122 (-75.5%), from €12,082 to €2,960
- Taxes +€7,102
up €7,102 (+189%), from €3,749 to €10,852
- Staff costs +€6,130
up €6,130 (+10.4%), from €58,808 to €64,938
- Financial income +€1,322
up €1,322 (+49.2%), from €2,686 to €4,009
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,222 | €284,760 | +€9,539 | +3.5% |
| Fixed assets | 21/28 | €132,745 | €125,228 | -€7,517 | -5.7% |
| Intangible fixed assets | 21 | - | €3,177 | +€3,177 | |
| Tangible fixed assets | 22/27 | €132,745 | €122,052 | -€10,694 | -8.1% |
| Land and buildings | 22 | €112,364 | €105,614 | -€6,750 | -6.0% |
| Plant, machinery and equipment | 23 | €8,924 | €7,280 | -€1,644 | -18.4% |
| Furniture and vehicles | 24 | €11,457 | €9,157 | -€2,300 | -20.1% |
| Current assets | 29/58 | €142,476 | €159,532 | +€17,056 | +12.0% |
| Amounts receivable after more than one year | 29 | €55,000 | €55,000 | = | 0.0% |
| Other amounts receivable | 291 | €55,000 | €55,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,540 | €89,064 | +€13,524 | +17.9% |
| Trade receivables | 40 | €39,130 | €38,704 | -€426 | -1.1% |
| Other amounts receivable | 41 | €36,409 | €50,360 | +€13,951 | +38.3% |
| Cash at bank and in hand | 54/58 | €2,290 | €78 | -€2,212 | -96.6% |
| Deferred charges and accrued income | 490/1 | €9,646 | €15,390 | +€5,744 | +59.5% |
| Total equity and liabilities | 10/49 | €275,222 | €284,760 | +€9,539 | +3.5% |
| Equity | 10/15 | €52,786 | €77,656 | +€24,869 | +47.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €55,983 | €76,656 | +€20,673 | +36.9% |
| Distributable reserves | 133 | €55,983 | €76,656 | +€20,673 | +36.9% |
| Profit (loss) carried forward | 14 | -€4,196 | €0 | +€4,196 | |
| Amounts payable | 17/49 | €222,435 | €207,105 | -€15,330 | -6.9% |
| Amounts payable after more than one year | 17 | €136,900 | €120,186 | -€16,713 | -12.2% |
| Financial debts | 170/4 | €136,900 | €120,186 | -€16,713 | -12.2% |
| Amounts payable within one year | 42/48 | €85,503 | €86,918 | +€1,416 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €17,160 | €17,964 | +€804 | +4.7% |
| Financial debts | 43 | €14,066 | €6,888 | -€7,178 | -51.0% |
| Credit institutions | 430/8 | €14,066 | €6,888 | -€7,178 | -51.0% |
| Trade debts | 44 | €18,901 | €28,351 | +€9,450 | +50.0% |
| Suppliers | 440/4 | €18,901 | €28,351 | +€9,450 | +50.0% |
| Taxes, remuneration and social security | 45 | €35,375 | €32,883 | -€2,493 | -7.0% |
| Taxes | 450/3 | €26,294 | €22,990 | -€3,304 | -12.6% |
| Remuneration and social security | 454/9 | €9,082 | €9,893 | +€811 | +8.9% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Accrued charges and deferred income | 492/3 | €33 | €0 | -€33 | -100% |
| Non-recurring operating income | 76A | - | €644 | +€644 | |
| Remuneration, social security and pensions | 62 | €58,808 | €64,938 | +€6,130 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,312 | €11,620 | +€308 | +2.7% |
| Other operating charges | 640/8 | €12,082 | €2,960 | -€9,122 | -75.5% |
| Non-recurring operating charges | 66A | - | €954 | +€954 | |
| Gross operating margin | 9900 | €88,952 | €122,110 | +€33,158 | +37.3% |
| Operating profit (loss) | 9901 | €6,750 | €41,638 | +€34,888 | +517% |
| Financial income | 75/76B | €2,686 | €4,009 | +€1,322 | +49.2% |
| Recurring financial income | 75 | €2,686 | €4,009 | +€1,322 | +49.2% |
| Financial charges | 65/66B | €9,883 | €9,093 | -€790 | -8.0% |
| Recurring financial charges | 65 | €9,883 | €9,093 | -€790 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€447 | €36,554 | +€37,001 | |
| Income taxes | 67/77 | €3,749 | €10,852 | +€7,102 | +189% |
| Profit (loss) for the period | 9904 | -€4,196 | €25,702 | +€29,899 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,196 | €25,702 | +€29,899 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.