TNF CONSULT: 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.
TNF CONSULT
Largest movements
- Receivables within one year +€23,548
up €23,548 (+192%), from €12,276 to €35,824
of which Other amounts receivable: +€13,270
- Tangible fixed assets +€21,016
up €21,016 (+420%), from €5,000 to €26,015
of which Plant, machinery and equipment: +€21,445
- Cash -€12,274
down €12,274 (-54.9%), from €22,368 to €10,094
mainly Investment in fixed assets (net) (-€24,984) and Receivables within one year (-€23,548)
- Profit (loss) carried forward +€29,271
up €29,271 (+87.6%), from €33,433 to €62,704
- Tax, wage and social debts +€7,587
new in 2025: €7,587
- Trade debts -€3,356
down €3,356 (-96.0%), from €3,497 to €141
- Other debts -€1,214
no longer reported in 2025 (was €1,214)
- Purchases and services -€80,795
no longer reported in 2025 (was €80,795)
- Gross operating margin +€23,676
up €23,676 (+116%), from €20,447 to €44,124
- Taxes +€8,911
new in 2025: €8,911
- Depreciation +€3,968
new in 2025: €3,968
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 | €39,644 | €71,933 | +€32,289 | +81.4% |
| Fixed assets | 21/28 | €5,000 | €26,015 | +€21,016 | +420% |
| Tangible fixed assets | 22/27 | €5,000 | €26,015 | +€21,016 | +420% |
| Plant, machinery and equipment | 23 | €3,712 | €25,157 | +€21,445 | +578% |
| Furniture and vehicles | 24 | €1,288 | €858 | -€429 | -33.3% |
| Current assets | 29/58 | €34,644 | €45,917 | +€11,274 | +32.5% |
| Amounts receivable within one year | 40/41 | €12,276 | €35,824 | +€23,548 | +192% |
| Trade receivables | 40 | €11,046 | €21,324 | +€10,278 | +93.0% |
| Other amounts receivable | 41 | €1,230 | €14,500 | +€13,270 | +1,079% |
| Cash at bank and in hand | 54/58 | €22,368 | €10,094 | -€12,274 | -54.9% |
| Total equity and liabilities | 10/49 | €39,644 | €71,933 | +€32,289 | +81.4% |
| Equity | 10/15 | €34,933 | €64,204 | +€29,271 | +83.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,433 | €62,704 | +€29,271 | +87.6% |
| Amounts payable | 17/49 | €4,711 | €7,729 | +€3,018 | +64.1% |
| Amounts payable within one year | 42/48 | €4,711 | €7,729 | +€3,018 | +64.1% |
| Trade debts | 44 | €3,497 | €141 | -€3,356 | -96.0% |
| Suppliers | 440/4 | €3,497 | €141 | -€3,356 | -96.0% |
| Taxes, remuneration and social security | 45 | - | €7,587 | +€7,587 | |
| Taxes | 450/3 | - | €7,587 | +€7,587 | |
| Other amounts payable | 47/48 | €1,214 | - | -€1,214 | |
| Goods, raw materials, services and sundry goods | 60/61 | €80,795 | - | -€80,795 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,968 | +€3,968 | |
| Other operating charges | 640/8 | €1,814 | €1,904 | +€90 | +4.9% |
| Gross operating margin | 9900 | €20,447 | €44,124 | +€23,676 | +116% |
| Operating profit (loss) | 9901 | €18,633 | €38,252 | +€19,618 | +105% |
| Financial charges | 65/66B | €75 | €69 | -€5 | -7.3% |
| Recurring financial charges | 65 | €75 | €69 | -€5 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €18,558 | €38,182 | +€19,624 | +106% |
| Income taxes | 67/77 | - | €8,911 | +€8,911 | |
| Profit (loss) for the period | 9904 | €18,558 | €29,271 | +€10,713 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,558 | €29,271 | +€10,713 | +57.7% |
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 30 October 2026 via checked.be.