TDP Service: 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 Service
Largest movements
- Tangible fixed assets -€17,322
down €17,322 (-11.5%), from €151,207 to €133,885
of which Furniture and vehicles: -€10,884
- Intangible fixed assets -€12,000
down €12,000 (-17.5%), from €68,482 to €56,482
- Cash +€6,870
up €6,870 (+10.9%), from €63,086 to €69,956
mainly Depreciation (+€43,057) and Debts after one year (+€38,588)
- Receivables after one year +€6,011
up €6,011 (+6.2%), from €96,317 to €102,328
- Current portion of long-term debt -€60,584
no longer reported in 2025 (was €60,584)
- Debts after one year +€38,588
up €38,588 (+25.0%), from €154,392 to €192,980
- Profit (loss) carried forward +€17,011
up €17,011 (+10.5%), from €162,586 to €179,597
- Tax, wage and social debts -€11,929
down €11,929 (-25.6%), from €46,596 to €34,668
of which Taxes: -€9,312
- Trade debts -€4,928
down €4,928 (-14.4%), from €34,120 to €29,193
- Gross operating margin -€48,554
down €48,554 (-13.7%), from €354,945 to €306,391
- Staff costs -€27,353
down €27,353 (-10.7%), from €256,347 to €228,994
- Depreciation -€8,329
down €8,329 (-16.2%), from €51,386 to €43,057
- Taxes -€5,358
down €5,358 (-46.1%), from €11,612 to €6,255
- Financial charges +€4,097
up €4,097 (+89.7%), from €4,565 to €8,663
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 | €463,779 | €442,815 | -€20,964 | -4.5% |
| Fixed assets | 21/28 | €219,690 | €190,367 | -€29,322 | -13.3% |
| Intangible fixed assets | 21 | €68,482 | €56,482 | -€12,000 | -17.5% |
| Tangible fixed assets | 22/27 | €151,207 | €133,885 | -€17,322 | -11.5% |
| Plant, machinery and equipment | 23 | €8,349 | €1,911 | -€6,438 | -77.1% |
| Furniture and vehicles | 24 | €142,859 | €131,974 | -€10,884 | -7.6% |
| Current assets | 29/58 | €244,089 | €252,447 | +€8,358 | +3.4% |
| Amounts receivable after more than one year | 29 | €96,317 | €102,328 | +€6,011 | +6.2% |
| Other amounts receivable | 291 | €96,317 | €102,328 | +€6,011 | +6.2% |
| Amounts receivable within one year | 40/41 | €84,687 | €80,164 | -€4,523 | -5.3% |
| Trade receivables | 40 | €77,581 | €59,360 | -€18,221 | -23.5% |
| Other amounts receivable | 41 | €7,106 | €20,804 | +€13,698 | +193% |
| Cash at bank and in hand | 54/58 | €63,086 | €69,956 | +€6,870 | +10.9% |
| Total equity and liabilities | 10/49 | €463,779 | €442,815 | -€20,964 | -4.5% |
| Equity | 10/15 | €165,586 | €182,597 | +€17,011 | +10.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,586 | €179,597 | +€17,011 | +10.5% |
| Amounts payable | 17/49 | €298,193 | €260,218 | -€37,975 | -12.7% |
| Amounts payable after more than one year | 17 | €154,392 | €192,980 | +€38,588 | +25.0% |
| Financial debts | 170/4 | €154,392 | €192,980 | +€38,588 | +25.0% |
| Amounts payable within one year | 42/48 | €143,801 | €67,238 | -€76,563 | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €60,584 | - | -€60,584 | |
| Financial debts | 43 | €2,500 | €3,377 | +€877 | +35.1% |
| Credit institutions | 430/8 | €2,500 | €3,377 | +€877 | +35.1% |
| Trade debts | 44 | €34,120 | €29,193 | -€4,928 | -14.4% |
| Suppliers | 440/4 | €34,120 | €29,193 | -€4,928 | -14.4% |
| Taxes, remuneration and social security | 45 | €46,596 | €34,668 | -€11,929 | -25.6% |
| Taxes | 450/3 | €12,621 | €3,309 | -€9,312 | -73.8% |
| Remuneration and social security | 454/9 | €33,975 | €31,359 | -€2,617 | -7.7% |
| Non-recurring operating income | 76A | - | €5,678 | +€5,678 | |
| Remuneration, social security and pensions | 62 | €256,347 | €228,994 | -€27,353 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,386 | €43,057 | -€8,329 | -16.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €190 | - | -€190 | |
| Other operating charges | 640/8 | €2,321 | €3,452 | +€1,131 | +48.7% |
| Gross operating margin | 9900 | €354,945 | €306,391 | -€48,554 | -13.7% |
| Operating profit (loss) | 9901 | €44,702 | €30,889 | -€13,813 | -30.9% |
| Financial income | 75/76B | €1,547 | €1,039 | -€507 | -32.8% |
| Recurring financial income | 75 | €1,547 | €1,039 | -€507 | -32.8% |
| Financial charges | 65/66B | €4,565 | €8,663 | +€4,097 | +89.7% |
| Recurring financial charges | 65 | €4,565 | €8,663 | +€4,097 | +89.7% |
| Profit (loss) for the period before taxes | 9903 | €41,683 | €23,266 | -€18,417 | -44.2% |
| Income taxes | 67/77 | €11,612 | €6,255 | -€5,358 | -46.1% |
| Profit (loss) for the period | 9904 | €30,071 | €17,011 | -€13,060 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,071 | €17,011 | -€13,060 | -43.4% |
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 29 October 2026 via checked.be.