TDW CATERING 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.
TDW CATERING SERVICES
Largest movements
- Cash -€26,957
down €26,957 (-24.9%), from €108,265 to €81,307
mainly Net result for the year (-€36,141) and Tax, wage and social debts (-€2,868)
- Tangible fixed assets -€9,150
down €9,150 (-10.0%), from €91,502 to €82,352
- Profit (loss) carried forward -€36,140
new in 2025: -€36,140
- Tax, wage and social debts -€2,868
down €2,868 (-7.8%), from €36,673 to €33,805
of which Remuneration and social security: -€13,850
- Gross operating margin -€86,005
down €86,005 (-32.8%), from €262,489 to €176,484
- Staff costs -€33,173
down €33,173 (-14.8%), from €223,810 to €190,637
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 | €281,859 | €246,693 | -€35,165 | -12.5% |
| Fixed assets | 21/28 | €91,502 | €82,352 | -€9,150 | -10.0% |
| Tangible fixed assets | 22/27 | €91,502 | €82,352 | -€9,150 | -10.0% |
| Land and buildings | 22 | €91,502 | €82,352 | -€9,150 | -10.0% |
| Current assets | 29/58 | €190,356 | €164,341 | -€26,015 | -13.7% |
| Stocks and contracts in progress | 3 | €2,433 | €2,163 | -€270 | -11.1% |
| Stocks | 30/36 | €2,433 | €2,163 | -€270 | -11.1% |
| Amounts receivable within one year | 40/41 | €78,161 | €80,871 | +€2,710 | +3.5% |
| Trade receivables | 40 | €78,161 | €80,871 | +€2,710 | +3.5% |
| Cash at bank and in hand | 54/58 | €108,265 | €81,307 | -€26,957 | -24.9% |
| Deferred charges and accrued income | 490/1 | €1,497 | - | -€1,497 | |
| Total equity and liabilities | 10/49 | €281,859 | €246,693 | -€35,165 | -12.5% |
| Equity | 10/15 | €135,113 | €98,973 | -€36,140 | -26.7% |
| Contributions | 10/11 | €104,000 | €104,000 | = | 0.0% |
| Reserves | 13 | €31,113 | €31,113 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,400 | €10,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,400 | €10,400 | = | 0.0% |
| Distributable reserves | 133 | €20,713 | €20,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€36,140 | -€36,140 | |
| Amounts payable | 17/49 | €146,745 | €147,720 | +€975 | +0.7% |
| Amounts payable within one year | 42/48 | €142,903 | €143,975 | +€1,072 | +0.8% |
| Trade debts | 44 | €14,886 | €17,026 | +€2,140 | +14.4% |
| Suppliers | 440/4 | €14,886 | €17,026 | +€2,140 | +14.4% |
| Taxes, remuneration and social security | 45 | €36,673 | €33,805 | -€2,868 | -7.8% |
| Taxes | 450/3 | €161 | €11,143 | +€10,982 | +6,807% |
| Remuneration and social security | 454/9 | €36,512 | €22,662 | -€13,850 | -37.9% |
| Other amounts payable | 47/48 | €91,344 | €93,144 | +€1,800 | +2.0% |
| Accrued charges and deferred income | 492/3 | €3,842 | €3,745 | -€97 | -2.5% |
| Remuneration, social security and pensions | 62 | €223,810 | €190,637 | -€33,173 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,150 | €9,859 | +€709 | +7.7% |
| Other operating charges | 640/8 | €3,115 | €4,092 | +€977 | +31.4% |
| Non-recurring operating charges | 66A | - | €58 | +€58 | |
| Gross operating margin | 9900 | €262,489 | €176,484 | -€86,005 | -32.8% |
| Operating profit (loss) | 9901 | €26,414 | -€28,163 | -€54,576 | |
| Financial income | 75/76B | €321 | - | -€321 | |
| Recurring financial income | 75 | €321 | - | -€321 | |
| Financial charges | 65/66B | €5,860 | €7,820 | +€1,961 | +33.5% |
| Recurring financial charges | 65 | €5,860 | €7,820 | +€1,961 | +33.5% |
| Profit (loss) for the period before taxes | 9903 | €20,875 | -€35,983 | -€56,858 | |
| Income taxes | 67/77 | €161 | €158 | -€3 | -2.1% |
| Profit (loss) for the period | 9904 | €20,714 | -€36,141 | -€56,855 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,714 | -€36,141 | -€56,855 |
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.