TP SQUARE 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.
TP SQUARE CONSULTING
Largest movements
- Tangible fixed assets +€32,778
up €32,778 (+113.2%), from €28,963 to €61,741
of which Furniture and vehicles: +€33,462
- Cash -€27,112
down €27,112 (-40.1%), from €67,642 to €40,529
mainly Investment in fixed assets (net) (-€55,031) and Net result for the year (-€13,044)
- Receivables within one year -€14,597
down €14,597 (-28.1%), from €52,000 to €37,403
of which Trade receivables: -€14,710
- Debts after one year +€17,268
up €17,268 (+300.8%), from €5,741 to €23,009
- Profit (loss) carried forward -€13,044
down €13,044 (-1220.7%), from -€1,069 to -€14,112
- Tax, wage and social debts -€12,432
down €12,432 (-77.9%), from €15,960 to €3,527
of which Taxes: -€9,391
- Current portion of long-term debt +€11,761
up €11,761 (+99.9%), from €11,771 to €23,531
- Other debts -€10,755
no longer reported in 2025 (was €10,755)
- Write-downs -€50,000
down €50,000, from €25,000 to -€25,000
- Other operating charges +€43,725
up €43,725 (+3720.1%), from €1,175 to €44,900
- Gross operating margin -€22,477
down €22,477 (-36.1%), from €62,331 to €39,854
- Staff costs -€11,430
down €11,430 (-56.4%), from €20,255 to €8,825
- Depreciation +€9,932
up €9,932 (+80.6%), from €12,321 to €22,253
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 | €150,729 | €142,316 | -€8,413 | -5.6% |
| Fixed assets | 21/28 | €29,380 | €62,158 | +€32,778 | +111.6% |
| Tangible fixed assets | 22/27 | €28,963 | €61,741 | +€32,778 | +113.2% |
| Furniture and vehicles | 24 | €22,837 | €56,299 | +€33,462 | +146.5% |
| Other tangible fixed assets | 26 | €6,126 | €5,442 | -€684 | -11.2% |
| Financial fixed assets | 28 | €417 | €417 | = | 0.0% |
| Current assets | 29/58 | €121,349 | €80,158 | -€41,191 | -33.9% |
| Amounts receivable within one year | 40/41 | €52,000 | €37,403 | -€14,597 | -28.1% |
| Trade receivables | 40 | €15,830 | €1,120 | -€14,710 | -92.9% |
| Other amounts receivable | 41 | €36,170 | €36,283 | +€113 | +0.3% |
| Cash at bank and in hand | 54/58 | €67,642 | €40,529 | -€27,112 | -40.1% |
| Deferred charges and accrued income | 490/1 | €1,707 | €2,226 | +€518 | +30.4% |
| Total equity and liabilities | 10/49 | €150,729 | €142,316 | -€8,413 | -5.6% |
| Equity | 10/15 | €104,748 | €91,704 | -€13,044 | -12.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €99,617 | €99,617 | = | 0.0% |
| Distributable reserves | 133 | €99,617 | €99,617 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,069 | -€14,112 | -€13,044 | -1220.7% |
| Amounts payable | 17/49 | €45,981 | €50,611 | +€4,630 | +10.1% |
| Amounts payable after more than one year | 17 | €5,741 | €23,009 | +€17,268 | +300.8% |
| Financial debts | 170/4 | €5,741 | €23,009 | +€17,268 | +300.8% |
| Amounts payable within one year | 42/48 | €40,240 | €27,603 | -€12,637 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €11,771 | €23,531 | +€11,761 | +99.9% |
| Trade debts | 44 | €1,756 | €544 | -€1,211 | -69.0% |
| Suppliers | 440/4 | €1,756 | €544 | -€1,211 | -69.0% |
| Taxes, remuneration and social security | 45 | €15,960 | €3,527 | -€12,432 | -77.9% |
| Taxes | 450/3 | €12,919 | €3,527 | -€9,391 | -72.7% |
| Remuneration and social security | 454/9 | €3,041 | - | -€3,041 | |
| Other amounts payable | 47/48 | €10,755 | - | -€10,755 | |
| Remuneration, social security and pensions | 62 | €20,255 | €8,825 | -€11,430 | -56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,321 | €22,253 | +€9,932 | +80.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,000 | -€25,000 | -€50,000 | |
| Other operating charges | 640/8 | €1,175 | €44,900 | +€43,725 | +3720.1% |
| Gross operating margin | 9900 | €62,331 | €39,854 | -€22,477 | -36.1% |
| Operating profit (loss) | 9901 | €3,580 | -€11,124 | -€14,703 | |
| Financial income | 75/76B | €251 | €396 | +€145 | +57.6% |
| Recurring financial income | 75 | €251 | €396 | +€145 | +57.6% |
| Financial charges | 65/66B | €542 | €1,491 | +€950 | +175.3% |
| Recurring financial charges | 65 | €542 | €1,491 | +€950 | +175.3% |
| Profit (loss) for the period before taxes | 9903 | €3,289 | -€12,219 | -€15,508 | |
| Income taxes | 67/77 | €4,358 | €824 | -€3,533 | -81.1% |
| Profit (loss) for the period | 9904 | -€1,069 | -€13,044 | -€11,975 | -1120.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,069 | -€13,044 | -€11,975 | -1120.7% |
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 8 October 2026 via checked.be.