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
- Cash +€30,514
up €30,514 (+110%), from €27,765 to €58,279
mainly Tax, wage and social debts (+€19,505) and Receivables within one year (+€8,026)
- Receivables within one year -€8,026
down €8,026 (-91.6%), from €8,759 to €733
of which Trade receivables: -€8,311
- Tax, wage and social debts +€19,505
up €19,505 (+184%), from €10,593 to €30,098
of which Taxes: +€19,774
- Other debts +€2,621
new in 2025: €2,621
- Profit (loss) carried forward +€2,072
up €2,072 (+9.3%), from €22,325 to €24,397
- Trade debts -€1,684
no longer reported in 2025 (was €1,684)
- Gross operating margin -€10,828
down €10,828 (-59.3%), from €18,261 to €7,434
- Taxes -€1,245
down €1,245 (-26.0%), from €4,786 to €3,541
- Other operating charges +€309
up €309 (+80.4%), from €384 to €693
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 | €36,601 | €59,117 | +€22,515 | +61.5% |
| Fixed assets | 21/28 | €78 | €78 | = | 0.0% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €36,523 | €59,039 | +€22,515 | +61.6% |
| Amounts receivable within one year | 40/41 | €8,759 | €733 | -€8,026 | -91.6% |
| Trade receivables | 40 | €8,759 | €448 | -€8,311 | -94.9% |
| Other amounts receivable | 41 | - | €286 | +€286 | |
| Cash at bank and in hand | 54/58 | €27,765 | €58,279 | +€30,514 | +110% |
| Deferred charges and accrued income | 490/1 | - | €27 | +€27 | |
| Total equity and liabilities | 10/49 | €36,601 | €59,117 | +€22,515 | +61.5% |
| Equity | 10/15 | €24,325 | €26,397 | +€2,072 | +8.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,325 | €24,397 | +€2,072 | +9.3% |
| Amounts payable | 17/49 | €12,277 | €32,720 | +€20,443 | +167% |
| Amounts payable within one year | 42/48 | €12,277 | €32,720 | +€20,443 | +167% |
| Trade debts | 44 | €1,684 | - | -€1,684 | |
| Suppliers | 440/4 | €1,684 | - | -€1,684 | |
| Taxes, remuneration and social security | 45 | €10,593 | €30,098 | +€19,505 | +184% |
| Taxes | 450/3 | €10,325 | €30,098 | +€19,774 | +192% |
| Remuneration and social security | 454/9 | €268 | - | -€268 | |
| Other amounts payable | 47/48 | - | €2,621 | +€2,621 | |
| Remuneration, social security and pensions | 62 | €76 | - | -€76 | |
| Other operating charges | 640/8 | €384 | €693 | +€309 | +80.4% |
| Gross operating margin | 9900 | €18,261 | €7,434 | -€10,828 | -59.3% |
| Operating profit (loss) | 9901 | €17,802 | €6,741 | -€11,060 | -62.1% |
| Financial income | 75/76B | €14 | €5 | -€8 | -60.5% |
| Recurring financial income | 75 | €14 | €5 | -€8 | -60.5% |
| Financial charges | 65/66B | €1,107 | €1,134 | +€27 | +2.4% |
| Recurring financial charges | 65 | €1,107 | €1,134 | +€27 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €16,708 | €5,613 | -€11,095 | -66.4% |
| Income taxes | 67/77 | €4,786 | €3,541 | -€1,245 | -26.0% |
| Profit (loss) for the period | 9904 | €11,922 | €2,072 | -€9,850 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,922 | €2,072 | -€9,850 | -82.6% |
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.