TF Consulting: 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 Consulting
Largest movements
- Receivables within one year +€8,578
up €8,578 (+39.8%), from €21,555 to €30,132
of which Trade receivables: +€8,177
- Tangible fixed assets +€8,349
up €8,349 (+283.1%), from €2,950 to €11,299
- Cash +€818
up €818 (+15.0%), from €5,444 to €6,262
mainly Net result for the year (+€15,323) and Other debts (+€12,621)
- Other debts +€12,621
up €12,621 (+9789.1%), from €129 to €12,750
- Trade debts +€4,398
up €4,398 (+174.7%), from €2,518 to €6,916
- Gross operating margin +€9,088
up €9,088 (+54.1%), from €16,797 to €25,885
- Taxes +€3,475
up €3,475 (+119.3%), from €2,913 to €6,388
- Depreciation -€3,118
down €3,118 (-46.6%), from €6,690 to €3,572
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.
Cash bridge derived
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 | €58,071 | €75,545 | +€17,473 | +30.1% |
| Fixed assets | 21/28 | €2,950 | €11,299 | +€8,349 | +283.1% |
| Tangible fixed assets | 22/27 | €2,950 | €11,299 | +€8,349 | +283.1% |
| Furniture and vehicles | 24 | €2,950 | €11,299 | +€8,349 | +283.1% |
| Current assets | 29/58 | €55,122 | €64,246 | +€9,124 | +16.6% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Trade receivables | 290 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,555 | €30,132 | +€8,578 | +39.8% |
| Trade receivables | 40 | €17,185 | €25,362 | +€8,177 | +47.6% |
| Other amounts receivable | 41 | €4,370 | €4,770 | +€401 | +9.2% |
| Cash at bank and in hand | 54/58 | €5,444 | €6,262 | +€818 | +15.0% |
| Deferred charges and accrued income | 490/1 | €3,124 | €2,852 | -€271 | -8.7% |
| Total equity and liabilities | 10/49 | €58,071 | €75,545 | +€17,473 | +30.1% |
| Equity | 10/15 | €46,244 | €46,568 | +€323 | +0.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,244 | €41,568 | +€323 | +0.8% |
| Amounts payable | 17/49 | €11,827 | €28,977 | +€17,150 | +145.0% |
| Amounts payable within one year | 42/48 | €11,827 | €28,977 | +€17,150 | +145.0% |
| Trade debts | 44 | €2,518 | €6,916 | +€4,398 | +174.7% |
| Suppliers | 440/4 | €2,518 | €6,916 | +€4,398 | +174.7% |
| Taxes, remuneration and social security | 45 | €9,180 | €9,312 | +€131 | +1.4% |
| Taxes | 450/3 | €4,125 | €9,312 | +€5,186 | +125.7% |
| Remuneration and social security | 454/9 | €5,055 | - | -€5,055 | |
| Other amounts payable | 47/48 | €129 | €12,750 | +€12,621 | +9789.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,690 | €3,572 | -€3,118 | -46.6% |
| Other operating charges | 640/8 | €373 | €601 | +€227 | +60.9% |
| Gross operating margin | 9900 | €16,797 | €25,885 | +€9,088 | +54.1% |
| Operating profit (loss) | 9901 | €9,733 | €21,711 | +€11,978 | +123.1% |
| Profit (loss) for the period before taxes | 9903 | €9,733 | €21,711 | +€11,978 | +123.1% |
| Income taxes | 67/77 | €2,913 | €6,388 | +€3,475 | +119.3% |
| Profit (loss) for the period | 9904 | €6,821 | €15,323 | +€8,503 | +124.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,821 | €15,323 | +€8,503 | +124.7% |
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 11 October 2026 via checked.be.