Transfer Pricing Consultants: 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.
Transfer Pricing Consultants
Largest movements
- Cash +€250,743
up €250,743 (+52.7%), from €475,930 to €726,673
mainly Net result for the year (+€226,187) and Other debts (+€215,909)
- Tangible fixed assets +€58,608
up €58,608 (+76.6%), from €76,524 to €135,132
of which Furniture and vehicles: +€65,306
- Receivables within one year -€51,294
down €51,294 (-49.7%), from €103,164 to €51,870
of which Trade receivables: -€63,687
- Other debts +€215,909
up €215,909 (+2,140%), from €10,091 to €226,000
- Tax, wage and social debts -€73,334
down €73,334 (-50.1%), from €146,457 to €73,123
- Debts after one year +€47,930
new in 2025: €47,930
- Current portion of long-term debt +€41,238
new in 2025: €41,238
- Trade debts +€23,679
up €23,679 (+69.6%), from €33,999 to €57,678
- Gross operating margin -€56,139
down €56,139 (-15.2%), from €368,871 to €312,732
- Taxes -€41,250
down €41,250 (-37.4%), from €110,332 to €69,082
- Depreciation +€9,848
up €9,848 (+46.8%), from €21,034 to €30,882
- Financial income +€5,241
up €5,241 (+38.7%), from €13,536 to €18,777
- Financial charges +€4,307
up €4,307 (+670%), from €643 to €4,949
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 | €968,291 | €1,226,343 | +€258,052 | +26.7% |
| Fixed assets | 21/28 | €79,003 | €137,611 | +€58,608 | +74.2% |
| Tangible fixed assets | 22/27 | €76,524 | €135,132 | +€58,608 | +76.6% |
| Plant, machinery and equipment | 23 | €2,038 | €1,408 | -€630 | -30.9% |
| Furniture and vehicles | 24 | €18,516 | €83,822 | +€65,306 | +353% |
| Other tangible fixed assets | 26 | €55,970 | €49,902 | -€6,068 | -10.8% |
| Financial fixed assets | 28 | €2,479 | €2,479 | = | 0.0% |
| Current assets | 29/58 | €889,288 | €1,088,732 | +€199,444 | +22.4% |
| Amounts receivable after more than one year | 29 | €301,971 | €301,971 | = | 0.0% |
| Trade receivables | 290 | €147,607 | €147,607 | = | 0.0% |
| Other amounts receivable | 291 | €154,363 | €154,363 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €103,164 | €51,870 | -€51,294 | -49.7% |
| Trade receivables | 40 | €100,997 | €37,310 | -€63,687 | -63.1% |
| Other amounts receivable | 41 | €2,167 | €14,559 | +€12,393 | +572% |
| Cash at bank and in hand | 54/58 | €475,930 | €726,673 | +€250,743 | +52.7% |
| Deferred charges and accrued income | 490/1 | €8,223 | €8,218 | -€5 | -0.1% |
| Total equity and liabilities | 10/49 | €968,291 | €1,226,343 | +€258,052 | +26.7% |
| Equity | 10/15 | €776,931 | €777,117 | +€187 | 0.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €769,405 | €769,405 | = | 0.0% |
| Distributable reserves | 133 | €769,405 | €769,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26 | €212 | +€187 | +730% |
| Amounts payable | 17/49 | €191,360 | €449,226 | +€257,865 | +135% |
| Amounts payable after more than one year | 17 | - | €47,930 | +€47,930 | |
| Financial debts | 170/4 | - | €47,930 | +€47,930 | |
| Amounts payable within one year | 42/48 | €190,546 | €398,039 | +€207,493 | +109% |
| Current portion of amounts payable after more than one year | 42 | - | €41,238 | +€41,238 | |
| Trade debts | 44 | €33,999 | €57,678 | +€23,679 | +69.6% |
| Suppliers | 440/4 | €33,999 | €57,678 | +€23,679 | +69.6% |
| Taxes, remuneration and social security | 45 | €146,457 | €73,123 | -€73,334 | -50.1% |
| Taxes | 450/3 | €146,457 | €73,123 | -€73,334 | -50.1% |
| Other amounts payable | 47/48 | €10,091 | €226,000 | +€215,909 | +2,140% |
| Accrued charges and deferred income | 492/3 | €814 | €3,257 | +€2,443 | +300% |
| Non-recurring operating income | 76A | €377 | €3,884 | +€3,506 | +929% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,034 | €30,882 | +€9,848 | +46.8% |
| Other operating charges | 640/8 | €340 | €410 | +€70 | +20.7% |
| Gross operating margin | 9900 | €368,871 | €312,732 | -€56,139 | -15.2% |
| Operating profit (loss) | 9901 | €347,498 | €281,441 | -€66,057 | -19.0% |
| Financial income | 75/76B | €13,536 | €18,777 | +€5,241 | +38.7% |
| Recurring financial income | 75 | €13,536 | €18,777 | +€5,241 | +38.7% |
| Financial charges | 65/66B | €643 | €4,949 | +€4,307 | +670% |
| Recurring financial charges | 65 | €643 | €4,949 | +€4,307 | +670% |
| Profit (loss) for the period before taxes | 9903 | €360,391 | €295,269 | -€65,122 | -18.1% |
| Income taxes | 67/77 | €110,332 | €69,082 | -€41,250 | -37.4% |
| Profit (loss) for the period | 9904 | €250,059 | €226,187 | -€23,872 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €250,059 | €226,187 | -€23,872 | -9.5% |
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.