TRAINING & CONSULTING TW: 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.
TRAINING & CONSULTING TW
Largest movements
- Cash +€256,481
up €256,481 (+4,058%), from €6,320 to €262,802
mainly Net result for the year (+€505,571) and Receivables within one year (+€131,214)
- Receivables within one year -€131,214
down €131,214 (-71.6%), from €183,353 to €52,139
of which Other amounts receivable: -€129,752
- Financial fixed assets +€47,500
up €47,500 (+75.8%), from €62,700 to €110,200
- Tangible fixed assets -€8,963
down €8,963 (-2.8%), from €323,000 to €314,037
of which Land and buildings: -€9,206
- Reserves +€220,877
up €220,877 (+208%), from €106,300 to €327,177
- Other debts -€78,214
down €78,214 (-62.5%), from €125,158 to €46,943
- Tax, wage and social debts +€28,352
up €28,352 (+121%), from €23,413 to €51,765
of which Taxes: +€26,632
- Debts after one year -€12,720
down €12,720 (-4.4%), from €287,055 to €274,334
- Financial income +€431,517
up €431,517 (+3,531%), from €12,220 to €443,737
of which Non-recurring financial income: +€433,708
- Taxes +€20,488
up €20,488 (+56.9%), from €35,996 to €56,484
- Gross operating margin -€6,647
down €6,647 (-4.3%), from €154,016 to €147,369
- Financial charges +€2,232
up €2,232 (+18.0%), from €12,391 to €14,623
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 | €575,730 | €739,691 | +€163,961 | +28.5% |
| Fixed assets | 21/28 | €385,700 | €424,237 | +€38,537 | +10.0% |
| Tangible fixed assets | 22/27 | €323,000 | €314,037 | -€8,963 | -2.8% |
| Land and buildings | 22 | €317,334 | €308,128 | -€9,206 | -2.9% |
| Plant, machinery and equipment | 23 | €4,035 | €1,899 | -€2,136 | -52.9% |
| Furniture and vehicles | 24 | €1,631 | €4,010 | +€2,379 | +146% |
| Financial fixed assets | 28 | €62,700 | €110,200 | +€47,500 | +75.8% |
| Current assets | 29/58 | €190,030 | €315,454 | +€125,424 | +66.0% |
| Amounts receivable within one year | 40/41 | €183,353 | €52,139 | -€131,214 | -71.6% |
| Trade receivables | 40 | €39,087 | €37,626 | -€1,461 | -3.7% |
| Other amounts receivable | 41 | €144,266 | €14,514 | -€129,752 | -89.9% |
| Cash at bank and in hand | 54/58 | €6,320 | €262,802 | +€256,481 | +4,058% |
| Deferred charges and accrued income | 490/1 | €357 | €513 | +€156 | +43.8% |
| Total equity and liabilities | 10/49 | €575,730 | €739,691 | +€163,961 | +28.5% |
| Equity | 10/15 | €124,900 | €345,777 | +€220,877 | +177% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,300 | €327,177 | +€220,877 | +208% |
| Distributable reserves | 133 | €106,300 | €327,177 | +€220,877 | +208% |
| Amounts payable | 17/49 | €450,830 | €393,915 | -€56,916 | -12.6% |
| Amounts payable after more than one year | 17 | €287,055 | €274,334 | -€12,720 | -4.4% |
| Financial debts | 170/4 | €287,055 | €274,334 | -€12,720 | -4.4% |
| Amounts payable within one year | 42/48 | €163,776 | €119,580 | -€44,195 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €12,271 | €12,720 | +€449 | +3.7% |
| Financial debts | 43 | €2,489 | €6,759 | +€4,270 | +172% |
| Credit institutions | 430/8 | €2,489 | €6,759 | +€4,270 | +172% |
| Trade debts | 44 | €444 | €1,393 | +€948 | +214% |
| Suppliers | 440/4 | €444 | €1,393 | +€948 | +214% |
| Taxes, remuneration and social security | 45 | €23,413 | €51,765 | +€28,352 | +121% |
| Taxes | 450/3 | €23,413 | €50,045 | +€26,632 | +114% |
| Remuneration and social security | 454/9 | - | €1,720 | +€1,720 | |
| Other amounts payable | 47/48 | €125,158 | €46,943 | -€78,214 | -62.5% |
| Remuneration, social security and pensions | 62 | €1,520 | €1,520 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,342 | €11,726 | +€384 | +3.4% |
| Other operating charges | 640/8 | €1,055 | €1,182 | +€127 | +12.1% |
| Gross operating margin | 9900 | €154,016 | €147,369 | -€6,647 | -4.3% |
| Operating profit (loss) | 9901 | €140,099 | €132,941 | -€7,158 | -5.1% |
| Financial income | 75/76B | €12,220 | €443,737 | +€431,517 | +3,531% |
| Recurring financial income | 75 | €12,220 | €10,029 | -€2,190 | -17.9% |
| Non-recurring financial income | 76B | - | €433,708 | +€433,708 | |
| Financial charges | 65/66B | €12,391 | €14,623 | +€2,232 | +18.0% |
| Recurring financial charges | 65 | €12,391 | €14,623 | +€2,232 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €139,928 | €562,055 | +€422,127 | +302% |
| Income taxes | 67/77 | €35,996 | €56,484 | +€20,488 | +56.9% |
| Profit (loss) for the period | 9904 | €103,932 | €505,571 | +€401,639 | +386% |
| Profit (loss) for the period to be appropriated | 9905 | €103,932 | €505,571 | +€401,639 | +386% |
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.