TLS Consultancy: 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.
TLS Consultancy
Largest movements
- Receivables after one year -€73,047
down €73,047 (-68.8%), from €106,248 to €33,201
- Receivables within one year -€16,550
down €16,550 (-50.5%), from €32,753 to €16,203
of which Other amounts receivable: -€15,500
- Deferred charges and accrued income -€1,907
down €1,907 (-28.1%), from €6,788 to €4,881
- Reserves -€108,859
down €108,859 (-91.6%), from €118,859 to €10,000
- Tax, wage and social debts +€12,535
up €12,535 (+39.0%), from €32,126 to €44,661
- Trade debts +€2,288
up €2,288 (+68.6%), from €3,336 to €5,624
- Gross operating margin -€43,646
down €43,646 (-72.4%), from €60,252 to €16,606
- Taxes -€9,581
down €9,581 (-67.9%), from €14,110 to €4,528
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 | €155,846 | €62,281 | -€93,565 | -60.0% |
| Fixed assets | 21/28 | €2,750 | €1,755 | -€996 | -36.2% |
| Tangible fixed assets | 22/27 | €2,750 | €1,755 | -€996 | -36.2% |
| Plant, machinery and equipment | 23 | €2,176 | €1,571 | -€604 | -27.8% |
| Furniture and vehicles | 24 | €575 | €183 | -€391 | -68.1% |
| Current assets | 29/58 | €153,096 | €60,527 | -€92,569 | -60.5% |
| Amounts receivable after more than one year | 29 | €106,248 | €33,201 | -€73,047 | -68.8% |
| Other amounts receivable | 291 | €106,248 | €33,201 | -€73,047 | -68.8% |
| Amounts receivable within one year | 40/41 | €32,753 | €16,203 | -€16,550 | -50.5% |
| Trade receivables | 40 | €17,253 | €16,203 | -€1,050 | -6.1% |
| Other amounts receivable | 41 | €15,500 | - | -€15,500 | |
| Cash at bank and in hand | 54/58 | €7,307 | €6,241 | -€1,066 | -14.6% |
| Deferred charges and accrued income | 490/1 | €6,788 | €4,881 | -€1,907 | -28.1% |
| Total equity and liabilities | 10/49 | €155,846 | €62,281 | -€93,565 | -60.0% |
| Equity | 10/15 | €120,384 | €11,996 | -€108,388 | -90.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €118,859 | €10,000 | -€108,859 | -91.6% |
| Distributable reserves | 133 | €118,859 | €10,000 | -€108,859 | -91.6% |
| Profit (loss) carried forward | 14 | €525 | €996 | +€471 | +89.6% |
| Amounts payable | 17/49 | €35,462 | €50,286 | +€14,823 | +41.8% |
| Amounts payable within one year | 42/48 | €35,462 | €50,286 | +€14,823 | +41.8% |
| Trade debts | 44 | €3,336 | €5,624 | +€2,288 | +68.6% |
| Suppliers | 440/4 | €3,336 | €5,624 | +€2,288 | +68.6% |
| Taxes, remuneration and social security | 45 | €32,126 | €44,661 | +€12,535 | +39.0% |
| Taxes | 450/3 | €32,126 | €44,661 | +€12,535 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €996 | €996 | = | 0.0% |
| Other operating charges | 640/8 | €1,757 | €1,891 | +€134 | +7.6% |
| Gross operating margin | 9900 | €60,252 | €16,606 | -€43,646 | -72.4% |
| Operating profit (loss) | 9901 | €57,499 | €13,719 | -€43,781 | -76.1% |
| Financial income | 75/76B | €1,603 | €1,829 | +€226 | +14.1% |
| Recurring financial income | 75 | €1,603 | €1,829 | +€226 | +14.1% |
| Financial charges | 65/66B | €67 | €549 | +€482 | +717% |
| Recurring financial charges | 65 | €67 | €549 | +€482 | +717% |
| Profit (loss) for the period before taxes | 9903 | €59,035 | €14,999 | -€44,036 | -74.6% |
| Income taxes | 67/77 | €14,110 | €4,528 | -€9,581 | -67.9% |
| Profit (loss) for the period | 9904 | €44,925 | €10,471 | -€34,455 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,925 | €10,471 | -€34,455 | -76.7% |
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 15 October 2026 via checked.be.