TDF CONSULTING: 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 CONSULTING
Largest movements
- Cash +€54,950
up €54,950 (+55.7%), from €98,692 to €153,642
mainly Net result for the year (+€46,956) and Trade debts (+€6,367)
- Receivables within one year +€3,160
up €3,160 (+14.9%), from €21,240 to €24,400
of which Trade receivables: +€2,245
- Profit (loss) carried forward +€46,956
up €46,956 (+47.0%), from €99,953 to €146,909
- Trade debts +€6,367
up €6,367 (+716%), from €890 to €7,257
- Tax, wage and social debts +€6,168
up €6,168 (+44.9%), from €13,729 to €19,897
- Accrued charges and deferred income -€3,802
down €3,802 (-68.3%), from €5,565 to €1,762
- Other debts +€2,468
up €2,468 (+16.1%), from €15,355 to €17,823
- Depreciation +€1,769
up €1,769 (+43.0%), from €4,115 to €5,884
- Financial charges -€1,035
down €1,035 (-25.9%), from €3,990 to €2,955
- Gross operating margin -€726
down €726 (-1.0%), from €69,779 to €69,053
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 | €137,991 | €196,148 | +€58,157 | +42.1% |
| Fixed assets | 21/28 | €14,197 | €14,121 | -€76 | -0.5% |
| Tangible fixed assets | 22/27 | €14,197 | €14,121 | -€76 | -0.5% |
| Plant, machinery and equipment | 23 | €5,942 | €6,728 | +€786 | +13.2% |
| Furniture and vehicles | 24 | €8,256 | €7,393 | -€863 | -10.4% |
| Current assets | 29/58 | €123,794 | €182,027 | +€58,233 | +47.0% |
| Amounts receivable within one year | 40/41 | €21,240 | €24,400 | +€3,160 | +14.9% |
| Trade receivables | 40 | €21,222 | €23,467 | +€2,245 | +10.6% |
| Other amounts receivable | 41 | €18 | €933 | +€915 | +4,999% |
| Cash at bank and in hand | 54/58 | €98,692 | €153,642 | +€54,950 | +55.7% |
| Deferred charges and accrued income | 490/1 | €3,861 | €3,984 | +€123 | +3.2% |
| Total equity and liabilities | 10/49 | €137,991 | €196,148 | +€58,157 | +42.1% |
| Equity | 10/15 | €102,453 | €149,409 | +€46,956 | +45.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,953 | €146,909 | +€46,956 | +47.0% |
| Amounts payable | 17/49 | €35,538 | €46,739 | +€11,200 | +31.5% |
| Amounts payable within one year | 42/48 | €29,974 | €44,976 | +€15,003 | +50.1% |
| Trade debts | 44 | €890 | €7,257 | +€6,367 | +716% |
| Suppliers | 440/4 | €890 | €7,257 | +€6,367 | +716% |
| Taxes, remuneration and social security | 45 | €13,729 | €19,897 | +€6,168 | +44.9% |
| Taxes | 450/3 | €13,729 | €19,897 | +€6,168 | +44.9% |
| Other amounts payable | 47/48 | €15,355 | €17,823 | +€2,468 | +16.1% |
| Accrued charges and deferred income | 492/3 | €5,565 | €1,762 | -€3,802 | -68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,115 | €5,884 | +€1,769 | +43.0% |
| Other operating charges | 640/8 | €869 | €651 | -€217 | -25.0% |
| Gross operating margin | 9900 | €69,779 | €69,053 | -€726 | -1.0% |
| Operating profit (loss) | 9901 | €64,795 | €62,518 | -€2,278 | -3.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,990 | €2,955 | -€1,035 | -25.9% |
| Recurring financial charges | 65 | €3,990 | €2,955 | -€1,035 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €60,805 | €59,562 | -€1,243 | -2.0% |
| Income taxes | 67/77 | €12,847 | €12,606 | -€241 | -1.9% |
| Profit (loss) for the period | 9904 | €47,958 | €46,956 | -€1,002 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,958 | €46,956 | -€1,002 | -2.1% |
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 17 October 2026 via checked.be.