TD CLEANING: 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.
TD CLEANING
Largest movements
- Receivables after one year +€2.2m
new in 2025: €2.2m
- Cash +€445,810
up €445,810 (+56.4%), from €789,859 to €1.2m
- Receivables within one year -€149,581
down €149,581 (-29.6%), from €504,737 to €355,155
of which Trade receivables: -€476,935
- Tangible fixed assets -€112,112
down €112,112 (-8.0%), from €1.4m to €1.3m
of which Furniture and vehicles: -€119,068
- Intangible fixed assets -€85,479
down €85,479 (-100%), from €85,479 to €0
- Reserves +€2.3m
up €2.3m (+164%), from €1.4m to €3.6m
of which Distributable reserves: +€2.4m
- Other debts +€566,081
up €566,081 (+59,964%), from €944 to €567,025
- Accrued charges and deferred income -€159,357
down €159,357 (-99.6%), from €159,992 to €635
- Debts after one year -€151,533
down €151,533 (-18.1%), from €837,297 to €685,764
- Trade debts -€126,494
down €126,494 (-96.3%), from €131,381 to €4,887
- Gross operating margin +€2.7m
up €2.7m (+134%), from €2.0m to €4.7m
- Taxes +€1.0m
up €1.0m (+537%), from €191,393 to €1.2m
- Staff costs -€704,380
down €704,380 (-57.4%), from €1.2m to €523,066
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,808,877 | €5,141,801 | +€2.3m | +83.1% |
| Fixed assets | 21/28 | €1,488,885 | €1,291,134 | -€197,750 | -13.3% |
| Intangible fixed assets | 21 | €85,479 | €0 | -€85,479 | -100% |
| Tangible fixed assets | 22/27 | €1,403,246 | €1,291,134 | -€112,112 | -8.0% |
| Land and buildings | 22 | €1,187,077 | €1,121,630 | -€65,447 | -5.5% |
| Plant, machinery and equipment | 23 | €46,699 | €139,859 | +€93,160 | +199% |
| Furniture and vehicles | 24 | €140,570 | €21,502 | -€119,068 | -84.7% |
| Leasing and similar rights | 25 | €25,403 | €7,269 | -€18,134 | -71.4% |
| Other tangible fixed assets | 26 | €3,497 | €874 | -€2,622 | -75.0% |
| Financial fixed assets | 28 | €160 | €0 | -€160 | -100% |
| Current assets | 29/58 | €1,319,992 | €3,850,666 | +€2.5m | +192% |
| Amounts receivable after more than one year | 29 | - | €2,245,000 | +€2.2m | |
| Other amounts receivable | 291 | - | €2,245,000 | +€2.2m | |
| Amounts receivable within one year | 40/41 | €504,737 | €355,155 | -€149,581 | -29.6% |
| Trade receivables | 40 | €504,470 | €27,534 | -€476,935 | -94.5% |
| Other amounts receivable | 41 | €267 | €327,621 | +€327,354 | +122,650% |
| Cash at bank and in hand | 54/58 | €789,859 | €1,235,669 | +€445,810 | +56.4% |
| Deferred charges and accrued income | 490/1 | €25,396 | €14,842 | -€10,554 | -41.6% |
| Total equity and liabilities | 10/49 | €2,808,877 | €5,141,801 | +€2.3m | +83.1% |
| Equity | 10/15 | €1,378,709 | €3,634,970 | +€2.3m | +164% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,372,509 | €3,628,770 | +€2.3m | +164% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €221,025 | €84,200 | -€136,825 | -61.9% |
| Distributable reserves | 133 | €1,151,484 | €3,544,570 | +€2.4m | +208% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,430,168 | €1,506,831 | +€76,663 | +5.4% |
| Amounts payable after more than one year | 17 | €837,297 | €685,764 | -€151,533 | -18.1% |
| Financial debts | 170/4 | €837,297 | €685,764 | -€151,533 | -18.1% |
| Amounts payable within one year | 42/48 | €432,878 | €820,431 | +€387,553 | +89.5% |
| Current portion of amounts payable after more than one year | 42 | €123,238 | €88,919 | -€34,319 | -27.8% |
| Trade debts | 44 | €131,381 | €4,887 | -€126,494 | -96.3% |
| Suppliers | 440/4 | €131,381 | €4,887 | -€126,494 | -96.3% |
| Advances received on contracts in progress | 46 | €30 | €0 | -€30 | -100% |
| Taxes, remuneration and social security | 45 | €177,286 | €159,601 | -€17,685 | -10.0% |
| Taxes | 450/3 | €95,714 | €159,601 | +€63,887 | +66.7% |
| Remuneration and social security | 454/9 | €81,572 | €0 | -€81,572 | -100% |
| Other amounts payable | 47/48 | €944 | €567,025 | +€566,081 | +59,964% |
| Accrued charges and deferred income | 492/3 | €159,992 | €635 | -€159,357 | -99.6% |
| Non-recurring operating income | 76A | €248 | €4,099,024 | +€4.1m | +1,653,132% |
| Remuneration, social security and pensions | 62 | €1,227,446 | €523,066 | -€704,380 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,526 | €156,284 | -€7,242 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,965 | €12,059 | +€9,094 | +307% |
| Other operating charges | 640/8 | €22,142 | €31,770 | +€9,627 | +43.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,023,007 | €4,740,834 | +€2.7m | +134% |
| Operating profit (loss) | 9901 | €606,927 | €4,017,655 | +€3.4m | +562% |
| Financial income | 75/76B | €1,985 | €48,245 | +€46,260 | +2,331% |
| Recurring financial income | 75 | €1,985 | €48,245 | +€46,260 | +2,331% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €14,813 | €17,354 | +€2,541 | +17.2% |
| Recurring financial charges | 65 | €14,813 | €17,354 | +€2,541 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €594,099 | €4,048,546 | +€3.5m | +581% |
| Income taxes | 67/77 | €191,393 | €1,219,285 | +€1.0m | +537% |
| Profit (loss) for the period | 9904 | €402,706 | €2,829,261 | +€2.4m | +603% |
| Transfer from tax-exempt reserves | 789 | €112,036 | €136,825 | +€24,789 | +22.1% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €0 | -€84,200 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €430,542 | €2,966,086 | +€2.5m | +589% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.