TD SOLUTIONS: what changed
Two fiscal 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 SOLUTIONS
Largest movements
- Cash -€38,550
down €38,550 (-35.4%), from €108,994 to €70,444
mainly Other debts (-€67,000) and Investment in fixed assets (net) (-€37,601)
- Tangible fixed assets +€34,461
new in 2024: €34,461
of which Furniture and vehicles: +€28,261
- Receivables within one year -€30,219
down €30,219 (-64.6%), from €46,814 to €16,594
of which Trade receivables: -€31,703
- Other debts -€67,000
no longer reported in 2024 (was €67,000)
- Profit (loss) carried forward +€18,870
up €18,870 (+19033.8%), from €99 to €18,969
- Trade debts +€9,652
up €9,652 (+565.1%), from €1,708 to €11,360
- Current portion of long-term debt +€8,194
new in 2024: €8,194
- Tax, wage and social debts -€7,146
down €7,146 (-78.6%), from €9,095 to €1,949
of which Taxes: -€4,579
- Gross operating margin -€53,715
down €53,715 (-62.9%), from €85,355 to €31,640
- Financial income +€13,891
up €13,891 (+712.8%), from €1,949 to €15,839
of which Non-recurring financial income: +€13,957
- Write-downs +€3,214
up €3,214 (+611.1%), from €526 to €3,740
- Depreciation +€3,140
new in 2024: €3,140
- Taxes +€1,275
up €1,275 (+7.2%), from €17,673 to €18,948
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.
Cash bridge derived
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 | €155,808 | €122,005 | -€33,803 | -21.7% |
| Fixed assets | 21/28 | - | €34,461 | +€34,461 | |
| Tangible fixed assets | 22/27 | - | €34,461 | +€34,461 | |
| Furniture and vehicles | 24 | - | €28,261 | +€28,261 | |
| Other tangible fixed assets | 26 | - | €6,200 | +€6,200 | |
| Current assets | 29/58 | €155,808 | €87,543 | -€68,265 | -43.8% |
| Amounts receivable within one year | 40/41 | €46,814 | €16,594 | -€30,219 | -64.6% |
| Trade receivables | 40 | €31,703 | - | -€31,703 | |
| Other amounts receivable | 41 | €15,110 | €16,594 | +€1,484 | +9.8% |
| Cash at bank and in hand | 54/58 | €108,994 | €70,444 | -€38,550 | -35.4% |
| Deferred charges and accrued income | 490/1 | - | €505 | +€505 | |
| Total equity and liabilities | 10/49 | €155,808 | €122,005 | -€33,803 | -21.7% |
| Equity | 10/15 | €78,005 | €96,974 | +€18,969 | +24.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,706 | €71,805 | +€99 | +0.1% |
| Distributable reserves | 133 | €71,706 | €71,805 | +€99 | +0.1% |
| Profit (loss) carried forward | 14 | €99 | €18,969 | +€18,870 | +19033.8% |
| Amounts payable | 17/49 | €77,803 | €25,031 | -€52,772 | -67.8% |
| Amounts payable after more than one year | 17 | - | €3,527 | +€3,527 | |
| Financial debts | 170/4 | - | €3,527 | +€3,527 | |
| Amounts payable within one year | 42/48 | €77,803 | €21,504 | -€56,300 | -72.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,194 | +€8,194 | |
| Trade debts | 44 | €1,708 | €11,360 | +€9,652 | +565.1% |
| Suppliers | 440/4 | €1,708 | €11,360 | +€9,652 | +565.1% |
| Taxes, remuneration and social security | 45 | €9,095 | €1,949 | -€7,146 | -78.6% |
| Taxes | 450/3 | €6,529 | €1,949 | -€4,579 | -70.1% |
| Remuneration and social security | 454/9 | €2,567 | - | -€2,567 | |
| Other amounts payable | 47/48 | €67,000 | - | -€67,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,140 | +€3,140 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €526 | €3,740 | +€3,214 | +611.1% |
| Other operating charges | 640/8 | €1,806 | €2,320 | +€514 | +28.4% |
| Gross operating margin | 9900 | €85,355 | €31,640 | -€53,715 | -62.9% |
| Operating profit (loss) | 9901 | €83,023 | €22,440 | -€60,582 | -73.0% |
| Financial income | 75/76B | €1,949 | €15,839 | +€13,891 | +712.8% |
| Recurring financial income | 75 | €67 | €1 | -€66 | -98.5% |
| Non-recurring financial income | 76B | €1,881 | €15,838 | +€13,957 | +741.8% |
| Financial charges | 65/66B | €199 | €362 | +€163 | +82.0% |
| Recurring financial charges | 65 | €199 | €362 | +€163 | +82.0% |
| Profit (loss) for the period before taxes | 9903 | €84,772 | €37,918 | -€46,855 | -55.3% |
| Income taxes | 67/77 | €17,673 | €18,948 | +€1,275 | +7.2% |
| Profit (loss) for the period | 9904 | €67,099 | €18,969 | -€48,130 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,099 | €18,969 | -€48,130 | -71.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.