TF Constructions et Façades: 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 Constructions et Façades
Largest movements
- Receivables within one year -€15,090
down €15,090 (-21.6%), from €70,020 to €54,930
of which Other amounts receivable: -€11,016
- Cash -€11,103
down €11,103 (-81.4%), from €13,633 to €2,529
- Tangible fixed assets -€1,102
no longer reported in 2025 (was €1,102)
- Trade debts -€14,772
no longer reported in 2025 (was €14,772)
- Tax, wage and social debts -€8,355
down €8,355 (-67.1%), from €12,448 to €4,093
of which Taxes: -€8,840
- Profit (loss) carried forward -€4,169
down €4,169 (-7.9%), from €52,675 to €48,506
- Gross operating margin -€2,235
down €2,235 (-44.3%), from €5,044 to €2,810
- Taxes -€1,496
down €1,496, from €879 to -€617
- Other operating charges -€269
down €269 (-57.6%), from €467 to €198
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,955 | €60,660 | -€27,295 | -31.0% |
| Fixed assets | 21/28 | €4,302 | €3,200 | -€1,102 | -25.6% |
| Tangible fixed assets | 22/27 | €1,102 | - | -€1,102 | |
| Furniture and vehicles | 24 | €1,102 | - | -€1,102 | |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €83,653 | €57,460 | -€26,193 | -31.3% |
| Amounts receivable within one year | 40/41 | €70,020 | €54,930 | -€15,090 | -21.6% |
| Trade receivables | 40 | €13,199 | €9,125 | -€4,074 | -30.9% |
| Other amounts receivable | 41 | €56,821 | €45,805 | -€11,016 | -19.4% |
| Cash at bank and in hand | 54/58 | €13,633 | €2,529 | -€11,103 | -81.4% |
| Total equity and liabilities | 10/49 | €87,955 | €60,660 | -€27,295 | -31.0% |
| Equity | 10/15 | €60,735 | €56,566 | -€4,169 | -6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,675 | €48,506 | -€4,169 | -7.9% |
| Amounts payable | 17/49 | €27,220 | €4,093 | -€23,127 | -85.0% |
| Amounts payable within one year | 42/48 | €27,220 | €4,093 | -€23,127 | -85.0% |
| Trade debts | 44 | €14,772 | - | -€14,772 | |
| Suppliers | 440/4 | €14,772 | - | -€14,772 | |
| Taxes, remuneration and social security | 45 | €12,448 | €4,093 | -€8,355 | -67.1% |
| Taxes | 450/3 | €12,448 | €3,608 | -€8,840 | -71.0% |
| Remuneration and social security | 454/9 | - | €485 | +€485 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €567 | €536 | -€31 | -5.5% |
| Other operating charges | 640/8 | €467 | €198 | -€269 | -57.6% |
| Non-recurring operating charges | 66A | €1,884 | €1,015 | -€869 | -46.1% |
| Gross operating margin | 9900 | €5,044 | €2,810 | -€2,235 | -44.3% |
| Operating profit (loss) | 9901 | €2,127 | €1,061 | -€1,066 | -50.1% |
| Financial charges | 65/66B | €57 | €61 | +€4 | +7.0% |
| Recurring financial charges | 65 | €57 | €61 | +€4 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €2,070 | €1,000 | -€1,070 | -51.7% |
| Income taxes | 67/77 | €879 | -€617 | -€1,496 | |
| Profit (loss) for the period | 9904 | €1,191 | €1,617 | +€426 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,191 | €1,617 | +€426 | +35.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.