TF CHAUFFAGE: 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.
TF CHAUFFAGE
Largest movements
- Cash -€10,046
down €10,046 (-25.1%), from €40,070 to €30,025
mainly Other debts (-€10,042) and Trade debts (-€7,347)
- Tangible fixed assets -€4,065
down €4,065 (-49.8%), from €8,160 to €4,095
of which Furniture and vehicles: -€3,678
- Receivables within one year -€811
down €811 (-6.3%), from €12,912 to €12,101
of which Other amounts receivable: -€2,080
- Other debts -€10,042
down €10,042 (-82.1%), from €12,226 to €2,184
- Trade debts -€7,347
down €7,347 (-88.6%), from €8,295 to €948
- Reserves +€5,997
up €5,997 (+18.9%), from €31,741 to €37,738
- Tax, wage and social debts -€5,225
down €5,225 (-69.0%), from €7,577 to €2,352
of which Taxes: -€4,227
- Profit (loss) carried forward +€1,394
up €1,394, from -€1,394 to €0
- Gross operating margin +€7,539
up €7,539 (+20.7%), from €36,348 to €43,887
- Taxes +€2,582
up €2,582 (+4,211%), from €61 to €2,643
- Staff costs -€2,482
down €2,482 (-7.8%), from €32,002 to €29,521
- Depreciation -€1,299
down €1,299 (-24.2%), from €5,365 to €4,065
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 | €61,444 | €46,221 | -€15,223 | -24.8% |
| Fixed assets | 21/28 | €8,160 | €4,095 | -€4,065 | -49.8% |
| Tangible fixed assets | 22/27 | €8,160 | €4,095 | -€4,065 | -49.8% |
| Plant, machinery and equipment | 23 | €436 | €49 | -€387 | -88.7% |
| Furniture and vehicles | 24 | €7,724 | €4,046 | -€3,678 | -47.6% |
| Current assets | 29/58 | €53,283 | €42,126 | -€11,158 | -20.9% |
| Amounts receivable within one year | 40/41 | €12,912 | €12,101 | -€811 | -6.3% |
| Trade receivables | 40 | €1,962 | €3,232 | +€1,270 | +64.7% |
| Other amounts receivable | 41 | €10,949 | €8,869 | -€2,080 | -19.0% |
| Cash at bank and in hand | 54/58 | €40,070 | €30,025 | -€10,046 | -25.1% |
| Deferred charges and accrued income | 490/1 | €301 | €0 | -€301 | -100% |
| Total equity and liabilities | 10/49 | €61,444 | €46,221 | -€15,223 | -24.8% |
| Equity | 10/15 | €33,347 | €40,738 | +€7,391 | +22.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,741 | €37,738 | +€5,997 | +18.9% |
| Distributable reserves | 133 | €31,741 | €37,738 | +€5,997 | +18.9% |
| Profit (loss) carried forward | 14 | -€1,394 | €0 | +€1,394 | |
| Amounts payable | 17/49 | €28,097 | €5,483 | -€22,614 | -80.5% |
| Amounts payable within one year | 42/48 | €28,097 | €5,483 | -€22,614 | -80.5% |
| Trade debts | 44 | €8,295 | €948 | -€7,347 | -88.6% |
| Suppliers | 440/4 | €8,295 | €948 | -€7,347 | -88.6% |
| Taxes, remuneration and social security | 45 | €7,577 | €2,352 | -€5,225 | -69.0% |
| Taxes | 450/3 | €4,524 | €297 | -€4,227 | -93.4% |
| Remuneration and social security | 454/9 | €3,052 | €2,054 | -€998 | -32.7% |
| Other amounts payable | 47/48 | €12,226 | €2,184 | -€10,042 | -82.1% |
| Remuneration, social security and pensions | 62 | €32,002 | €29,521 | -€2,482 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,365 | €4,065 | -€1,299 | -24.2% |
| Gross operating margin | 9900 | €36,348 | €43,887 | +€7,539 | +20.7% |
| Operating profit (loss) | 9901 | -€1,019 | €10,301 | +€11,320 | |
| Financial income | 75/76B | €4 | €95 | +€90 | +2,124% |
| Recurring financial income | 75 | €4 | €95 | +€90 | +2,124% |
| Financial charges | 65/66B | €318 | €362 | +€44 | +13.8% |
| Recurring financial charges | 65 | €318 | €362 | +€44 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,333 | €10,034 | +€11,366 | |
| Income taxes | 67/77 | €61 | €2,643 | +€2,582 | +4,211% |
| Profit (loss) for the period | 9904 | -€1,394 | €7,391 | +€8,785 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,394 | €7,391 | +€8,785 |
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 18 October 2026 via checked.be.