TDG WEB SERVICES: 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.
TDG WEB SERVICES
Largest movements
- Cash +€46,213
up €46,213 (+31.9%), from €145,021 to €191,234
mainly Net result for the year (+€62,706) and Investment in fixed assets (net) (+€3,442)
- Receivables within one year +€18,878
up €18,878 (+185.9%), from €10,152 to €29,030
of which Trade receivables: +€17,913
- Tangible fixed assets -€6,836
down €6,836 (-45.5%), from €15,027 to €8,191
of which Furniture and vehicles: -€8,392
- Profit (loss) carried forward +€62,706
up €62,706 (+43.2%), from €145,112 to €207,817
- Current portion of long-term debt -€3,838
no longer reported in 2025 (was €3,838)
- Depreciation -€2,416
down €2,416 (-41.6%), from €5,809 to €3,394
- Gross operating margin -€1,030
down €1,030 (-1.2%), from €86,585 to €85,555
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 | €170,688 | €229,122 | +€58,434 | +34.2% |
| Fixed assets | 21/28 | €15,027 | €8,191 | -€6,836 | -45.5% |
| Tangible fixed assets | 22/27 | €15,027 | €8,191 | -€6,836 | -45.5% |
| Plant, machinery and equipment | 23 | €1,611 | €3,167 | +€1,556 | +96.6% |
| Furniture and vehicles | 24 | €13,416 | €5,024 | -€8,392 | -62.6% |
| Current assets | 29/58 | €155,661 | €220,931 | +€65,270 | +41.9% |
| Amounts receivable within one year | 40/41 | €10,152 | €29,030 | +€18,878 | +185.9% |
| Trade receivables | 40 | €9,725 | €27,638 | +€17,913 | +184.2% |
| Other amounts receivable | 41 | €427 | €1,392 | +€965 | +225.9% |
| Cash at bank and in hand | 54/58 | €145,021 | €191,234 | +€46,213 | +31.9% |
| Deferred charges and accrued income | 490/1 | €488 | €667 | +€179 | +36.8% |
| Total equity and liabilities | 10/49 | €170,688 | €229,122 | +€58,434 | +34.2% |
| Equity | 10/15 | €147,612 | €210,317 | +€62,706 | +42.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,112 | €207,817 | +€62,706 | +43.2% |
| Amounts payable | 17/49 | €23,076 | €18,805 | -€4,271 | -18.5% |
| Amounts payable within one year | 42/48 | €22,654 | €18,457 | -€4,197 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €3,838 | - | -€3,838 | |
| Trade debts | 44 | €1,881 | €1,975 | +€94 | +5.0% |
| Suppliers | 440/4 | €1,881 | €1,975 | +€94 | +5.0% |
| Taxes, remuneration and social security | 45 | €16,068 | €16,425 | +€357 | +2.2% |
| Taxes | 450/3 | €16,068 | €16,425 | +€357 | +2.2% |
| Other amounts payable | 47/48 | €867 | €57 | -€810 | -93.4% |
| Accrued charges and deferred income | 492/3 | €422 | €348 | -€74 | -17.6% |
| Non-recurring operating income | 76A | - | €2,295 | +€2,295 | |
| Remuneration, social security and pensions | 62 | €2,065 | €2,170 | +€105 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,809 | €3,394 | -€2,416 | -41.6% |
| Other operating charges | 640/8 | €453 | €519 | +€65 | +14.4% |
| Gross operating margin | 9900 | €86,585 | €85,555 | -€1,030 | -1.2% |
| Operating profit (loss) | 9901 | €78,258 | €79,473 | +€1,215 | +1.6% |
| Financial charges | 65/66B | €384 | €342 | -€42 | -11.0% |
| Recurring financial charges | 65 | €384 | €342 | -€42 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €77,873 | €79,131 | +€1,258 | +1.6% |
| Income taxes | 67/77 | €16,068 | €16,425 | +€357 | +2.2% |
| Profit (loss) for the period | 9904 | €61,805 | €62,706 | +€901 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,805 | €62,706 | +€901 | +1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.