TDP Advise: 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.
TDP Advise
Largest movements
- Receivables within one year +€17,093
up €17,093 (+267%), from €6,395 to €23,488
of which Trade receivables: +€21,079
- Cash +€7,862
up €7,862 (+678%), from €1,160 to €9,021
mainly Other debts (+€31,314) and Net result for the year (+€9,646)
- Tangible fixed assets -€3,618
down €3,618 (-4.5%), from €81,032 to €77,414
of which Plant, machinery and equipment: -€1,965
- Other debts +€31,314
up €31,314 (+378%), from €8,291 to €39,605
- Debts after one year -€11,001
down €11,001 (-53.9%), from €20,398 to €9,396
- Profit (loss) carried forward +€9,646
up €9,646 (+129%), from €7,491 to €17,137
- Tax, wage and social debts -€7,469
down €7,469 (-41.7%), from €17,912 to €10,442
of which Taxes: -€6,059
- Advances received -€1,450
no longer reported in 2025 (was €1,450)
- Gross operating margin +€2,853
up €2,853 (+12.2%), from €23,351 to €26,204
- Financial charges +€1,000
up €1,000 (+43.5%), from €2,301 to €3,301
of which Financial charges: +€1,144
- Other operating charges -€793
down €793 (-60.1%), from €1,319 to €526
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 | €89,135 | €110,539 | +€21,404 | +24.0% |
| Fixed assets | 21/28 | €81,032 | €77,414 | -€3,618 | -4.5% |
| Tangible fixed assets | 22/27 | €81,032 | €77,414 | -€3,618 | -4.5% |
| Plant, machinery and equipment | 23 | €66,730 | €64,765 | -€1,965 | -2.9% |
| Furniture and vehicles | 24 | €14,302 | €12,648 | -€1,653 | -11.6% |
| Current assets | 29/58 | €8,104 | €33,126 | +€25,022 | +309% |
| Amounts receivable within one year | 40/41 | €6,395 | €23,488 | +€17,093 | +267% |
| Trade receivables | 40 | - | €21,079 | +€21,079 | |
| Other amounts receivable | 41 | €6,395 | €2,409 | -€3,986 | -62.3% |
| Cash at bank and in hand | 54/58 | €1,160 | €9,021 | +€7,862 | +678% |
| Deferred charges and accrued income | 490/1 | €549 | €616 | +€67 | +12.2% |
| Total equity and liabilities | 10/49 | €89,135 | €110,539 | +€21,404 | +24.0% |
| Equity | 10/15 | €27,951 | €37,597 | +€9,646 | +34.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,491 | €17,137 | +€9,646 | +129% |
| Amounts payable | 17/49 | €61,184 | €72,942 | +€11,758 | +19.2% |
| Amounts payable after more than one year | 17 | €20,398 | €9,396 | -€11,001 | -53.9% |
| Financial debts | 170/4 | €20,398 | €9,396 | -€11,001 | -53.9% |
| Amounts payable within one year | 42/48 | €40,786 | €63,545 | +€22,759 | +55.8% |
| Current portion of amounts payable after more than one year | 42 | €10,710 | €11,001 | +€291 | +2.7% |
| Trade debts | 44 | €2,424 | €2,497 | +€73 | +3.0% |
| Suppliers | 440/4 | €2,424 | €2,497 | +€73 | +3.0% |
| Advances received on contracts in progress | 46 | €1,450 | - | -€1,450 | |
| Taxes, remuneration and social security | 45 | €17,912 | €10,442 | -€7,469 | -41.7% |
| Taxes | 450/3 | €16,502 | €10,442 | -€6,059 | -36.7% |
| Remuneration and social security | 454/9 | €1,410 | - | -€1,410 | |
| Other amounts payable | 47/48 | €8,291 | €39,605 | +€31,314 | +378% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,295 | €7,255 | -€40 | -0.5% |
| Other operating charges | 640/8 | €1,319 | €526 | -€793 | -60.1% |
| Gross operating margin | 9900 | €23,351 | €26,204 | +€2,853 | +12.2% |
| Operating profit (loss) | 9901 | €14,738 | €18,424 | +€3,686 | +25.0% |
| Financial income | 75/76B | €0 | €30 | +€30 | +42,329% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +42,329% |
| Financial charges | 65/66B | €2,301 | €3,301 | +€1,000 | +43.5% |
| Recurring financial charges | 65 | €2,092 | €3,236 | +€1,144 | +54.7% |
| Non-recurring financial charges | 66B | €209 | €65 | -€144 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €12,437 | €15,153 | +€2,716 | +21.8% |
| Income taxes | 67/77 | €5,605 | €5,507 | -€98 | -1.8% |
| Profit (loss) for the period | 9904 | €6,832 | €9,646 | +€2,814 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,832 | €9,646 | +€2,814 | +41.2% |
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 24 October 2026 via checked.be.