TLF 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.
TLF CONSULTING
Largest movements
- Cash +€44,972
up €44,972 (+90.4%), from €49,728 to €94,700
mainly Net result for the year (+€46,937) and Depreciation (+€6,794)
- Receivables within one year -€3,696
down €3,696 (-10.1%), from €36,766 to €33,071
of which Trade receivables: -€17,406
- Tangible fixed assets -€3,614
down €3,614 (-15.1%), from €23,852 to €20,239
of which Furniture and vehicles: -€5,963
- Profit (loss) carried forward +€46,937
up €46,937 (+72.2%), from €65,038 to €111,974
- Debts after one year -€6,144
down €6,144 (-33.8%), from €18,190 to €12,046
- Trade debts -€3,593
down €3,593 (-66.5%), from €5,404 to €1,810
- Gross operating margin +€16,959
up €16,959 (+31.7%), from €53,549 to €70,507
- Taxes +€4,191
up €4,191 (+39.4%), from €10,639 to €14,830
- Other operating charges -€906
down €906 (-46.9%), from €1,932 to €1,026
- Depreciation +€831
up €831 (+13.9%), from €5,963 to €6,794
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 | €110,347 | €148,009 | +€37,662 | +34.1% |
| Fixed assets | 21/28 | €23,852 | €20,239 | -€3,614 | -15.1% |
| Tangible fixed assets | 22/27 | €23,852 | €20,239 | -€3,614 | -15.1% |
| Plant, machinery and equipment | 23 | - | €2,350 | +€2,350 | |
| Furniture and vehicles | 24 | €23,852 | €17,889 | -€5,963 | -25.0% |
| Current assets | 29/58 | €86,494 | €127,770 | +€41,276 | +47.7% |
| Amounts receivable within one year | 40/41 | €36,766 | €33,071 | -€3,696 | -10.1% |
| Trade receivables | 40 | €36,766 | €19,360 | -€17,406 | -47.3% |
| Other amounts receivable | 41 | - | €13,711 | +€13,711 | |
| Cash at bank and in hand | 54/58 | €49,728 | €94,700 | +€44,972 | +90.4% |
| Total equity and liabilities | 10/49 | €110,347 | €148,009 | +€37,662 | +34.1% |
| Equity | 10/15 | €68,038 | €114,974 | +€46,937 | +69.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,038 | €111,974 | +€46,937 | +72.2% |
| Amounts payable | 17/49 | €42,309 | €33,035 | -€9,275 | -21.9% |
| Amounts payable after more than one year | 17 | €18,190 | €12,046 | -€6,144 | -33.8% |
| Financial debts | 170/4 | €18,190 | €12,046 | -€6,144 | -33.8% |
| Amounts payable within one year | 42/48 | €24,119 | €20,989 | -€3,131 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €5,860 | €6,144 | +€284 | +4.8% |
| Trade debts | 44 | €5,404 | €1,810 | -€3,593 | -66.5% |
| Suppliers | 440/4 | €5,404 | €1,810 | -€3,593 | -66.5% |
| Taxes, remuneration and social security | 45 | €12,784 | €13,034 | +€251 | +2.0% |
| Taxes | 450/3 | €12,784 | €13,034 | +€251 | +2.0% |
| Other amounts payable | 47/48 | €72 | - | -€72 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,963 | €6,794 | +€831 | +13.9% |
| Other operating charges | 640/8 | €1,932 | €1,026 | -€906 | -46.9% |
| Gross operating margin | 9900 | €53,549 | €70,507 | +€16,959 | +31.7% |
| Operating profit (loss) | 9901 | €45,653 | €62,688 | +€17,034 | +37.3% |
| Financial income | 75/76B | - | €284 | +€284 | |
| Recurring financial income | 75 | - | €284 | +€284 | |
| Financial charges | 65/66B | €914 | €1,204 | +€290 | +31.7% |
| Recurring financial charges | 65 | €914 | €1,204 | +€290 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €44,739 | €61,767 | +€17,028 | +38.1% |
| Income taxes | 67/77 | €10,639 | €14,830 | +€4,191 | +39.4% |
| Profit (loss) for the period | 9904 | €34,100 | €46,937 | +€12,837 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,100 | €46,937 | +€12,837 | +37.6% |
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 15 October 2026 via checked.be.