TFBK: 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.
TFBK
Largest movements
- Receivables within one year +€30,706
up €30,706 (+1,144%), from €2,683 to €33,389
of which Trade receivables: +€28,711
- Cash +€11,845
up €11,845 (+173%), from €6,861 to €18,706
mainly Trade debts (+€26,719) and Net result for the year (+€12,678)
- Tangible fixed assets +€3,781
new in 2025: €3,781
- Stocks and contracts +€2,052
up €2,052 (+26.9%), from €7,620 to €9,672
- Formation expenses -€662
down €662 (-72.8%), from €909 to €247
- Trade debts +€26,719
up €26,719 (+98.0%), from €27,270 to €53,989
- Profit (loss) carried forward +€12,678
up €12,678 (+79.0%), from -€16,044 to -€3,366
- Other debts +€6,488
up €6,488 (+53,619%), from €12 to €6,500
- Tax, wage and social debts +€1,837
up €1,837 (+100%), from €1,836 to €3,672
of which Taxes: +€1,101
- Gross operating margin +€57,800
up €57,800 (+1,057%), from €5,468 to €63,268
- Staff costs +€40,437
up €40,437 (+2,830%), from €1,429 to €41,866
- Other operating charges +€3,850
up €3,850 (+162%), from €2,374 to €6,225
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 | €18,073 | €65,795 | +€47,722 | +264% |
| Formation expenses | 20 | €909 | €247 | -€662 | -72.8% |
| Fixed assets | 21/28 | - | €3,781 | +€3,781 | |
| Tangible fixed assets | 22/27 | - | €3,781 | +€3,781 | |
| Plant, machinery and equipment | 23 | - | €3,781 | +€3,781 | |
| Current assets | 29/58 | €17,164 | €61,767 | +€44,603 | +260% |
| Stocks and contracts in progress | 3 | €7,620 | €9,672 | +€2,052 | +26.9% |
| Stocks | 30/36 | €7,620 | €9,672 | +€2,052 | +26.9% |
| Amounts receivable within one year | 40/41 | €2,683 | €33,389 | +€30,706 | +1,144% |
| Trade receivables | 40 | €693 | €29,404 | +€28,711 | +4,142% |
| Other amounts receivable | 41 | €1,990 | €3,985 | +€1,995 | +100% |
| Cash at bank and in hand | 54/58 | €6,861 | €18,706 | +€11,845 | +173% |
| Total equity and liabilities | 10/49 | €18,073 | €65,795 | +€47,722 | +264% |
| Equity | 10/15 | -€11,044 | €1,634 | +€12,678 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,044 | -€3,366 | +€12,678 | +79.0% |
| Amounts payable | 17/49 | €29,117 | €64,161 | +€35,044 | +120% |
| Amounts payable within one year | 42/48 | €29,117 | €64,161 | +€35,044 | +120% |
| Trade debts | 44 | €27,270 | €53,989 | +€26,719 | +98.0% |
| Suppliers | 440/4 | €27,270 | €53,989 | +€26,719 | +98.0% |
| Taxes, remuneration and social security | 45 | €1,836 | €3,672 | +€1,837 | +100% |
| Taxes | 450/3 | €1,816 | €2,917 | +€1,101 | +60.6% |
| Remuneration and social security | 454/9 | €20 | €756 | +€736 | +3,768% |
| Other amounts payable | 47/48 | €12 | €6,500 | +€6,488 | +53,619% |
| Remuneration, social security and pensions | 62 | €1,429 | €41,866 | +€40,437 | +2,830% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €947 | +€284 | +42.9% |
| Other operating charges | 640/8 | €2,374 | €6,225 | +€3,850 | +162% |
| Gross operating margin | 9900 | €5,468 | €63,268 | +€57,800 | +1,057% |
| Operating profit (loss) | 9901 | €1,003 | €14,231 | +€13,228 | +1,319% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €948 | €1,557 | +€609 | +64.3% |
| Recurring financial charges | 65 | €948 | €1,557 | +€609 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €55 | €12,678 | +€12,623 | +22,896% |
| Profit (loss) for the period | 9904 | €55 | €12,678 | +€12,623 | +22,896% |
| Profit (loss) for the period to be appropriated | 9905 | €55 | €12,678 | +€12,623 | +22,896% |
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 14 October 2026 via checked.be.