TMDE CONSULTING: what changed
Two fiscal 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.
TMDE CONSULTING
Largest movements
- Receivables within one year +€12,815
up €12,815 (+62.5%), from €20,516 to €33,331
of which Trade receivables: +€13,173
- Cash +€4,056
up €4,056 (+563.2%), from €720 to €4,776
mainly Trade debts (+€13,542) and Investment in fixed assets (net) (+€2,329)
- Tangible fixed assets -€2,921
down €2,921 (-95.4%), from €3,063 to €141
- Trade debts +€13,542
up €13,542 (+162.2%), from €8,348 to €21,890
- Advances received +€1,800
new in 2025: €1,800
- Tax, wage and social debts -€568
down €568 (-26.6%), from €2,133 to €1,566
- Profit (loss) carried forward -€417
down €417 (-136.4%), from -€306 to -€723
- Other debts -€408
down €408 (-2.9%), from €14,123 to €13,715
- Gross operating margin +€2,217
up €2,217 (+79.1%), from €2,802 to €5,018
- Taxes +€2,116
new in 2025: €2,116
- Depreciation -€1,667
down €1,667 (-73.8%), from €2,259 to €592
- Other operating charges -€1,309
down €1,309 (-71.9%), from €1,820 to €511
- Financial charges +€1,026
up €1,026 (+293.4%), from €350 to €1,375
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.
Cash bridge derived
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 | €24,299 | €38,248 | +€13,950 | +57.4% |
| Fixed assets | 21/28 | €3,063 | €141 | -€2,921 | -95.4% |
| Tangible fixed assets | 22/27 | €3,063 | €141 | -€2,921 | -95.4% |
| Furniture and vehicles | 24 | €3,063 | €141 | -€2,921 | -95.4% |
| Current assets | 29/58 | €21,236 | €38,107 | +€16,871 | +79.4% |
| Amounts receivable within one year | 40/41 | €20,516 | €33,331 | +€12,815 | +62.5% |
| Trade receivables | 40 | €18,136 | €31,309 | +€13,173 | +72.6% |
| Other amounts receivable | 41 | €2,380 | €2,022 | -€358 | -15.0% |
| Cash at bank and in hand | 54/58 | €720 | €4,776 | +€4,056 | +563.2% |
| Total equity and liabilities | 10/49 | €24,299 | €38,248 | +€13,950 | +57.4% |
| Equity | 10/15 | -€306 | -€723 | -€417 | -136.4% |
| Profit (loss) carried forward | 14 | -€306 | -€723 | -€417 | -136.4% |
| Amounts payable | 17/49 | €24,605 | €38,971 | +€14,367 | +58.4% |
| Amounts payable within one year | 42/48 | €24,605 | €38,971 | +€14,367 | +58.4% |
| Trade debts | 44 | €8,348 | €21,890 | +€13,542 | +162.2% |
| Suppliers | 440/4 | €8,348 | €21,890 | +€13,542 | +162.2% |
| Advances received on contracts in progress | 46 | - | €1,800 | +€1,800 | |
| Taxes, remuneration and social security | 45 | €2,133 | €1,566 | -€568 | -26.6% |
| Taxes | 450/3 | €2,133 | €1,566 | -€568 | -26.6% |
| Other amounts payable | 47/48 | €14,123 | €13,715 | -€408 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,259 | €592 | -€1,667 | -73.8% |
| Other operating charges | 640/8 | €1,820 | €511 | -€1,309 | -71.9% |
| Non-recurring operating charges | 66A | - | €841 | +€841 | |
| Gross operating margin | 9900 | €2,802 | €5,018 | +€2,217 | +79.1% |
| Operating profit (loss) | 9901 | -€1,277 | €3,074 | +€4,351 | |
| Financial charges | 65/66B | €350 | €1,375 | +€1,026 | +293.4% |
| Recurring financial charges | 65 | €350 | €1,375 | +€1,026 | +293.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,627 | €1,698 | +€3,325 | |
| Income taxes | 67/77 | - | €2,116 | +€2,116 | |
| Profit (loss) for the period | 9904 | -€1,627 | -€417 | +€1,210 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,627 | -€417 | +€1,210 | +74.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.