TDC Engineering Consulting Services: 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.
TDC Engineering Consulting Services
Largest movements
- Current investments +€59,537
up €59,537 (+29.4%), from €202,817 to €262,354
- Cash +€11,673
up €11,673 (+12.4%), from €94,011 to €105,684
mainly Net result for the year (+€62,325) and Depreciation (+€10,943)
- Intangible fixed assets -€10,000
down €10,000 (-25.5%), from €39,167 to €29,167
- Receivables within one year -€8,649
down €8,649 (-40.5%), from €21,354 to €12,705
of which Trade receivables: -€5,037
- Reserves +€62,325
up €62,325 (+19.1%), from €327,139 to €389,464
- Tax, wage and social debts -€11,731
down €11,731 (-42.5%), from €27,608 to €15,877
of which Taxes: -€11,755
- Gross operating margin -€5,618
down €5,618 (-4.8%), from €116,798 to €111,180
- Financial income +€3,862
up €3,862 (+1487.8%), from €260 to €4,122
- Financial charges -€2,920
down €2,920 (-20.4%), from €14,315 to €11,395
- Taxes +€1,946
up €1,946 (+7.0%), from €27,785 to €29,731
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 | €363,561 | €415,933 | +€52,372 | +14.4% |
| Fixed assets | 21/28 | €43,690 | €33,820 | -€9,870 | -22.6% |
| Intangible fixed assets | 21 | €39,167 | €29,167 | -€10,000 | -25.5% |
| Tangible fixed assets | 22/27 | €4,493 | €4,623 | +€130 | +2.9% |
| Furniture and vehicles | 24 | - | €850 | +€850 | |
| Other tangible fixed assets | 26 | €4,493 | €3,773 | -€720 | -16.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €319,871 | €382,113 | +€62,242 | +19.5% |
| Amounts receivable within one year | 40/41 | €21,354 | €12,705 | -€8,649 | -40.5% |
| Trade receivables | 40 | €17,742 | €12,705 | -€5,037 | -28.4% |
| Other amounts receivable | 41 | €3,612 | - | -€3,612 | |
| Current investments | 50/53 | €202,817 | €262,354 | +€59,537 | +29.4% |
| Cash at bank and in hand | 54/58 | €94,011 | €105,684 | +€11,673 | +12.4% |
| Deferred charges and accrued income | 490/1 | €1,690 | €1,370 | -€320 | -18.9% |
| Total equity and liabilities | 10/49 | €363,561 | €415,933 | +€52,372 | +14.4% |
| Equity | 10/15 | €333,339 | €395,664 | +€62,325 | +18.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €327,139 | €389,464 | +€62,325 | +19.1% |
| Distributable reserves | 133 | €327,139 | €389,464 | +€62,325 | +19.1% |
| Amounts payable | 17/49 | €30,222 | €20,269 | -€9,953 | -32.9% |
| Amounts payable within one year | 42/48 | €30,222 | €20,269 | -€9,953 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,570 | €2,300 | +€730 | +46.5% |
| Suppliers | 440/4 | €1,570 | €2,300 | +€730 | +46.5% |
| Taxes, remuneration and social security | 45 | €27,608 | €15,877 | -€11,731 | -42.5% |
| Taxes | 450/3 | €27,608 | €15,853 | -€11,755 | -42.6% |
| Remuneration and social security | 454/9 | - | €24 | +€24 | |
| Other amounts payable | 47/48 | €1,044 | €2,092 | +€1,048 | +100.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,720 | €10,943 | +€223 | +2.1% |
| Other operating charges | 640/8 | €1,047 | €908 | -€139 | -13.3% |
| Gross operating margin | 9900 | €116,798 | €111,180 | -€5,618 | -4.8% |
| Operating profit (loss) | 9901 | €105,031 | €99,329 | -€5,702 | -5.4% |
| Financial income | 75/76B | €260 | €4,122 | +€3,862 | +1487.8% |
| Recurring financial income | 75 | €260 | €4,122 | +€3,862 | +1487.8% |
| Financial charges | 65/66B | €14,315 | €11,395 | -€2,920 | -20.4% |
| Recurring financial charges | 65 | €14,315 | €11,395 | -€2,920 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €90,975 | €92,056 | +€1,081 | +1.2% |
| Income taxes | 67/77 | €27,785 | €29,731 | +€1,946 | +7.0% |
| Profit (loss) for the period | 9904 | €63,191 | €62,325 | -€866 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €63,191 | €62,325 | -€866 | -1.4% |
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 10 October 2026 via checked.be.