TDA CONSULT: 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.
TDA CONSULT
Largest movements
- Tangible fixed assets +€34,772
up €34,772 (+8.6%), from €406,619 to €441,391
of which Furniture and vehicles: +€24,825
- Receivables within one year +€20,706
up €20,706 (+16.1%), from €128,321 to €149,028
of which Other amounts receivable: +€37,174
- Cash -€19,794
down €19,794 (-83.9%), from €23,585 to €3,791
mainly Investment in fixed assets (net) (-€60,194) and Receivables within one year (-€20,706)
- Deferred charges and accrued income -€16,243
down €16,243 (-68.6%), from €23,685 to €7,442
- Other debts +€49,323
new in 2025: €49,323
- Reserves -€20,512
down €20,512 (-5.1%), from €402,230 to €381,719
of which Distributable reserves: -€20,512
- Debts after one year +€13,566
up €13,566 (+4.6%), from €293,491 to €307,057
- Current portion of long-term debt -€11,428
down €11,428 (-38.5%), from €29,668 to €18,240
- Tax, wage and social debts -€8,837
down €8,837 (-35.8%), from €24,703 to €15,866
- Gross operating margin -€95,862
down €95,862 (-84.2%), from €113,865 to €18,003
- Taxes -€15,382
down €15,382 (-95.2%), from €16,152 to €770
- Depreciation +€4,069
up €4,069 (+19.1%), from €21,353 to €25,422
- Financial charges +€3,198
up €3,198 (+28.2%), from €11,331 to €14,529
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 | €807,480 | €826,922 | +€19,442 | +2.4% |
| Fixed assets | 21/28 | €406,889 | €441,661 | +€34,772 | +8.5% |
| Tangible fixed assets | 22/27 | €406,619 | €441,391 | +€34,772 | +8.6% |
| Land and buildings | 22 | €401,859 | €411,447 | +€9,589 | +2.4% |
| Plant, machinery and equipment | 23 | €1,900 | €2,259 | +€359 | +18.9% |
| Furniture and vehicles | 24 | €2,860 | €27,685 | +€24,825 | +867.9% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €400,591 | €385,261 | -€15,331 | -3.8% |
| Amounts receivable after more than one year | 29 | €225,000 | €225,000 | = | 0.0% |
| Other amounts receivable | 291 | €225,000 | €225,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €128,321 | €149,028 | +€20,706 | +16.1% |
| Trade receivables | 40 | €53,783 | €37,315 | -€16,468 | -30.6% |
| Other amounts receivable | 41 | €74,538 | €111,713 | +€37,174 | +49.9% |
| Cash at bank and in hand | 54/58 | €23,585 | €3,791 | -€19,794 | -83.9% |
| Deferred charges and accrued income | 490/1 | €23,685 | €7,442 | -€16,243 | -68.6% |
| Total equity and liabilities | 10/49 | €807,480 | €826,922 | +€19,442 | +2.4% |
| Equity | 10/15 | €408,430 | €387,919 | -€20,512 | -5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €402,230 | €381,719 | -€20,512 | -5.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €400,370 | €379,859 | -€20,512 | -5.1% |
| Amounts payable | 17/49 | €399,050 | €439,003 | +€39,953 | +10.0% |
| Amounts payable after more than one year | 17 | €293,491 | €307,057 | +€13,566 | +4.6% |
| Financial debts | 170/4 | €293,491 | €307,057 | +€13,566 | +4.6% |
| Amounts payable within one year | 42/48 | €99,034 | €126,051 | +€27,017 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €29,668 | €18,240 | -€11,428 | -38.5% |
| Financial debts | 43 | €4,179 | €2,540 | -€1,639 | -39.2% |
| Credit institutions | 430/8 | €4,179 | €2,540 | -€1,639 | -39.2% |
| Trade debts | 44 | €40,484 | €40,082 | -€402 | -1.0% |
| Suppliers | 440/4 | €40,484 | €40,082 | -€402 | -1.0% |
| Taxes, remuneration and social security | 45 | €24,703 | €15,866 | -€8,837 | -35.8% |
| Taxes | 450/3 | €24,703 | €15,866 | -€8,837 | -35.8% |
| Other amounts payable | 47/48 | - | €49,323 | +€49,323 | |
| Accrued charges and deferred income | 492/3 | €6,525 | €5,895 | -€630 | -9.7% |
| Non-recurring operating income | 76A | €57,924 | - | -€57,924 | |
| Remuneration, social security and pensions | 62 | €4 | - | -€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,353 | €25,422 | +€4,069 | +19.1% |
| Other operating charges | 640/8 | €2,036 | €2,580 | +€544 | +26.7% |
| Non-recurring operating charges | 66A | €41,049 | - | -€41,049 | |
| Gross operating margin | 9900 | €113,865 | €18,003 | -€95,862 | -84.2% |
| Operating profit (loss) | 9901 | €49,422 | -€9,999 | -€59,422 | |
| Financial income | 75/76B | €11,280 | €10,149 | -€1,131 | -10.0% |
| Recurring financial income | 75 | €11,280 | €10,149 | -€1,131 | -10.0% |
| Financial charges | 65/66B | €11,331 | €14,529 | +€3,198 | +28.2% |
| Recurring financial charges | 65 | €11,331 | €14,529 | +€3,198 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €49,371 | -€14,379 | -€63,750 | |
| Income taxes | 67/77 | €16,152 | €770 | -€15,382 | -95.2% |
| Profit (loss) for the period | 9904 | €33,219 | -€15,149 | -€48,368 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,219 | -€15,149 | -€48,368 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.