TDS Services: 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.
TDS Services
Largest movements
- Receivables within one year +€77,973
up €77,973 (+73.7%), from €105,828 to €183,801
of which Other amounts receivable: +€82,611
- Cash +€6,952
up €6,952 (+41.7%), from €16,659 to €23,611
mainly Net result for the year (+€78,978) and Tax, wage and social debts (+€5,730)
- Profit (loss) carried forward +€78,978
up €78,978 (+79.3%), from €99,573 to €178,551
- Tax, wage and social debts +€5,730
up €5,730 (+20.8%), from €27,499 to €33,229
of which Taxes: +€5,730
- Financial income +€5,752
up €5,752 (+615%), from €935 to €6,687
- Gross operating margin -€5,575
down €5,575 (-5.7%), from €98,584 to €93,010
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,956 | €215,646 | +€84,690 | +64.7% |
| Fixed assets | 21/28 | €944 | €1,845 | +€900 | +95.3% |
| Tangible fixed assets | 22/27 | €944 | €1,845 | +€900 | +95.3% |
| Plant, machinery and equipment | 23 | €944 | €1,271 | +€327 | +34.6% |
| Leasing and similar rights | 25 | - | €574 | +€574 | |
| Current assets | 29/58 | €130,011 | €213,801 | +€83,790 | +64.4% |
| Amounts receivable within one year | 40/41 | €105,828 | €183,801 | +€77,973 | +73.7% |
| Trade receivables | 40 | €32,540 | €27,902 | -€4,638 | -14.3% |
| Other amounts receivable | 41 | €73,288 | €155,899 | +€82,611 | +113% |
| Cash at bank and in hand | 54/58 | €16,659 | €23,611 | +€6,952 | +41.7% |
| Deferred charges and accrued income | 490/1 | €7,524 | €6,389 | -€1,135 | -15.1% |
| Total equity and liabilities | 10/49 | €130,956 | €215,646 | +€84,690 | +64.7% |
| Equity | 10/15 | €102,573 | €181,551 | +€78,978 | +77.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,573 | €178,551 | +€78,978 | +79.3% |
| Amounts payable | 17/49 | €28,382 | €34,095 | +€5,713 | +20.1% |
| Amounts payable within one year | 42/48 | €28,382 | €34,095 | +€5,713 | +20.1% |
| Trade debts | 44 | €883 | €866 | -€17 | -1.9% |
| Suppliers | 440/4 | €883 | €866 | -€17 | -1.9% |
| Taxes, remuneration and social security | 45 | €27,499 | €33,229 | +€5,730 | +20.8% |
| Taxes | 450/3 | €27,499 | €33,229 | +€5,730 | +20.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €299 | €479 | +€180 | +60.1% |
| Other operating charges | 640/8 | €106 | €0 | -€106 | -100% |
| Gross operating margin | 9900 | €98,584 | €93,010 | -€5,575 | -5.7% |
| Operating profit (loss) | 9901 | €98,180 | €92,531 | -€5,649 | -5.8% |
| Financial income | 75/76B | €935 | €6,687 | +€5,752 | +615% |
| Recurring financial income | 75 | €935 | €6,687 | +€5,752 | +615% |
| Financial charges | 65/66B | €34 | €123 | +€89 | +265% |
| Recurring financial charges | 65 | €34 | €123 | +€89 | +265% |
| Profit (loss) for the period before taxes | 9903 | €99,081 | €99,095 | +€14 | 0.0% |
| Income taxes | 67/77 | €20,088 | €20,117 | +€29 | +0.1% |
| Profit (loss) for the period | 9904 | €78,993 | €78,978 | -€15 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €78,993 | €78,978 | -€15 | 0.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.