TDF Consult: 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.
TDF Consult
Largest movements
- Receivables within one year +€16,638
new in 2025: €16,638
- Cash +€4,249
up €4,249 (+51.0%), from €8,334 to €12,583
mainly Advances received (+€16,638) and Net result for the year (+€4,021)
- Deferred charges and accrued income +€545
new in 2025: €545
- Advances received +€16,638
new in 2025: €16,638
- Profit (loss) carried forward +€3,188
up €3,188 (+271%), from €1,175 to €4,363
- Tax, wage and social debts +€1,132
up €1,132 (+115%), from €987 to €2,119
- Trade debts +€540
up €540 (+288%), from €188 to €727
- Depreciation -€1,254
down €1,254 (-100%), from €1,254 to €0
- Gross operating margin +€1,004
up €1,004 (+21.0%), from €4,789 to €5,793
- Taxes +€550
up €550 (+80.4%), from €684 to €1,234
- Other operating charges -€429
down €429 (-72.8%), from €589 to €160
- Financial charges +€125
up €125 (+49.4%), from €253 to €378
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
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 | €8,334 | €29,766 | +€21,432 | +257% |
| Current assets | 29/58 | €8,334 | €29,766 | +€21,432 | +257% |
| Amounts receivable within one year | 40/41 | - | €16,638 | +€16,638 | |
| Trade receivables | 40 | - | €16,638 | +€16,638 | |
| Cash at bank and in hand | 54/58 | €8,334 | €12,583 | +€4,249 | +51.0% |
| Deferred charges and accrued income | 490/1 | - | €545 | +€545 | |
| Total equity and liabilities | 10/49 | €8,334 | €29,766 | +€21,432 | +257% |
| Equity | 10/15 | €4,175 | €7,363 | +€3,188 | +76.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,175 | €4,363 | +€3,188 | +271% |
| Amounts payable | 17/49 | €4,159 | €22,403 | +€18,244 | +439% |
| Amounts payable within one year | 42/48 | €4,159 | €22,403 | +€18,244 | +439% |
| Trade debts | 44 | €188 | €727 | +€540 | +288% |
| Suppliers | 440/4 | €188 | €727 | +€540 | +288% |
| Advances received on contracts in progress | 46 | - | €16,638 | +€16,638 | |
| Taxes, remuneration and social security | 45 | €987 | €2,119 | +€1,132 | +115% |
| Taxes | 450/3 | €987 | €2,119 | +€1,132 | +115% |
| Other amounts payable | 47/48 | €2,985 | €2,919 | -€66 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,254 | €0 | -€1,254 | -100% |
| Other operating charges | 640/8 | €589 | €160 | -€429 | -72.8% |
| Gross operating margin | 9900 | €4,789 | €5,793 | +€1,004 | +21.0% |
| Operating profit (loss) | 9901 | €2,945 | €5,633 | +€2,687 | +91.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €253 | €378 | +€125 | +49.4% |
| Recurring financial charges | 65 | €253 | €378 | +€125 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €2,692 | €5,255 | +€2,562 | +95.2% |
| Income taxes | 67/77 | €684 | €1,234 | +€550 | +80.4% |
| Profit (loss) for the period | 9904 | €2,008 | €4,021 | +€2,012 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €2,008 | €4,021 | +€2,012 | +100% |
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 18 October 2026 via checked.be.