TF Service: 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 Service
Largest movements
- Receivables within one year -€23,154
down €23,154 (-20.4%), from €113,741 to €90,587
of which Other amounts receivable: -€13,830
- Tangible fixed assets +€16,000
new in 2025: €16,000
- Cash +€1,966
up €1,966 (+12.2%), from €16,122 to €18,088
mainly Receivables within one year (+€23,154) and Trade debts (+€12,786)
- Provisions -€14,238
no longer reported in 2025 (was €14,238)
- Trade debts +€12,786
up €12,786 (+115%), from €11,148 to €23,934
- Profit (loss) carried forward -€5,196
down €5,196 (-5.7%), from €91,547 to €86,350
- Tax, wage and social debts +€1,460
up €1,460 (+90.9%), from €1,606 to €3,066
- Gross operating margin -€14,970
down €14,970 (-828%), from -€1,809 to -€16,779
- Provisions -€14,238
new in 2025: -€14,238
- Depreciation -€1,944
no longer reported in 2025 (was €1,944)
- Other operating charges +€1,528
up €1,528 (+422%), from €362 to €1,890
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 | €132,939 | €127,750 | -€5,189 | -3.9% |
| Fixed assets | 21/28 | €75 | €16,075 | +€16,000 | +21,333% |
| Tangible fixed assets | 22/27 | - | €16,000 | +€16,000 | |
| Furniture and vehicles | 24 | - | €16,000 | +€16,000 | |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €132,864 | €111,675 | -€21,189 | -15.9% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €113,741 | €90,587 | -€23,154 | -20.4% |
| Trade receivables | 40 | €19,933 | €10,609 | -€9,325 | -46.8% |
| Other amounts receivable | 41 | €93,808 | €79,978 | -€13,830 | -14.7% |
| Cash at bank and in hand | 54/58 | €16,122 | €18,088 | +€1,966 | +12.2% |
| Total equity and liabilities | 10/49 | €132,939 | €127,750 | -€5,189 | -3.9% |
| Equity | 10/15 | €105,947 | €100,750 | -€5,196 | -4.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,547 | €86,350 | -€5,196 | -5.7% |
| Provisions and deferred taxes | 16 | €14,238 | - | -€14,238 | |
| Provisions for liabilities and charges | 160/5 | €14,238 | - | -€14,238 | |
| Environmental obligations | 163 | €14,238 | - | -€14,238 | |
| Amounts payable | 17/49 | €12,754 | €27,000 | +€14,246 | +112% |
| Amounts payable within one year | 42/48 | €12,754 | €27,000 | +€14,246 | +112% |
| Trade debts | 44 | €11,148 | €23,934 | +€12,786 | +115% |
| Suppliers | 440/4 | €11,148 | €23,934 | +€12,786 | +115% |
| Taxes, remuneration and social security | 45 | €1,606 | €3,066 | +€1,460 | +90.9% |
| Taxes | 450/3 | €1,606 | €3,066 | +€1,460 | +90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,944 | - | -€1,944 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€14,238 | -€14,238 | |
| Other operating charges | 640/8 | €362 | €1,890 | +€1,528 | +422% |
| Gross operating margin | 9900 | -€1,809 | -€16,779 | -€14,970 | -828% |
| Operating profit (loss) | 9901 | -€4,115 | -€4,431 | -€316 | -7.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900% |
| Financial charges | 65/66B | €822 | €765 | -€57 | -6.9% |
| Recurring financial charges | 65 | €822 | €765 | -€57 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,937 | -€5,196 | -€259 | -5.2% |
| Profit (loss) for the period | 9904 | -€4,937 | -€5,196 | -€259 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,937 | -€5,196 | -€259 | -5.2% |
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 27 October 2026 via checked.be.