TS Consult: 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.
TS Consult
Largest movements
- Tangible fixed assets +€64,762
up €64,762 (+122.8%), from €52,736 to €117,497
of which Leasing and similar rights: +€64,443
- Cash +€59,570
up €59,570 (+335.4%), from €17,758 to €77,328
mainly Net result for the year (+€57,040) and Debts after one year (+€49,552)
- Stocks and contracts -€46,761
down €46,761 (-100.0%), from €46,761 to €0
- Receivables after one year -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Receivables within one year +€10,597
up €10,597 (+15.9%), from €66,698 to €77,295
of which Other amounts receivable: +€10,500
- Reserves +€57,040
up €57,040 (+43.8%), from €130,141 to €187,181
- Other debts -€55,682
down €55,682 (-98.6%), from €56,455 to €773
- Debts after one year +€49,552
new in 2025: €49,552
- Current portion of long-term debt +€15,341
new in 2025: €15,341
- Gross operating margin +€24,804
up €24,804 (+33.4%), from €74,331 to €99,135
- Depreciation +€15,595
up €15,595 (+212.1%), from €7,354 to €22,948
- Financial charges +€3,719
up €3,719 (+1211.4%), from €307 to €4,026
- Taxes +€1,680
up €1,680 (+12.1%), from €13,924 to €15,604
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 | €210,515 | €273,783 | +€63,267 | +30.1% |
| Fixed assets | 21/28 | €52,736 | €117,497 | +€64,762 | +122.8% |
| Tangible fixed assets | 22/27 | €52,736 | €117,497 | +€64,762 | +122.8% |
| Plant, machinery and equipment | 23 | €4,176 | €10,797 | +€6,621 | +158.6% |
| Furniture and vehicles | 24 | €3,238 | €2,635 | -€603 | -18.6% |
| Leasing and similar rights | 25 | - | €64,443 | +€64,443 | |
| Other tangible fixed assets | 26 | €45,322 | €39,623 | -€5,698 | -12.6% |
| Current assets | 29/58 | €157,780 | €156,285 | -€1,494 | -0.9% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100.0% |
| Other amounts receivable | 291 | €25,000 | €0 | -€25,000 | -100.0% |
| Stocks and contracts in progress | 3 | €46,761 | €0 | -€46,761 | -100.0% |
| Stocks | 30/36 | €46,761 | €0 | -€46,761 | -100.0% |
| Amounts receivable within one year | 40/41 | €66,698 | €77,295 | +€10,597 | +15.9% |
| Trade receivables | 40 | €16,698 | €16,795 | +€97 | +0.6% |
| Other amounts receivable | 41 | €50,000 | €60,500 | +€10,500 | +21.0% |
| Cash at bank and in hand | 54/58 | €17,758 | €77,328 | +€59,570 | +335.4% |
| Deferred charges and accrued income | 490/1 | €1,562 | €1,662 | +€100 | +6.4% |
| Total equity and liabilities | 10/49 | €210,515 | €273,783 | +€63,267 | +30.1% |
| Equity | 10/15 | €132,641 | €189,681 | +€57,040 | +43.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €130,141 | €187,181 | +€57,040 | +43.8% |
| Distributable reserves | 133 | €130,141 | €187,181 | +€57,040 | +43.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €77,874 | €84,101 | +€6,227 | +8.0% |
| Amounts payable after more than one year | 17 | - | €49,552 | +€49,552 | |
| Financial debts | 170/4 | - | €49,552 | +€49,552 | |
| Amounts payable within one year | 42/48 | €77,874 | €34,550 | -€43,325 | -55.6% |
| Current portion of amounts payable after more than one year | 42 | - | €15,341 | +€15,341 | |
| Financial debts | 43 | €5,026 | €4,214 | -€812 | -16.2% |
| Credit institutions | 430/8 | €5,026 | €4,214 | -€812 | -16.2% |
| Trade debts | 44 | €3,522 | €2,595 | -€928 | -26.3% |
| Suppliers | 440/4 | €3,522 | €2,595 | -€928 | -26.3% |
| Taxes, remuneration and social security | 45 | €12,871 | €11,627 | -€1,244 | -9.7% |
| Taxes | 450/3 | €8,075 | €7,916 | -€158 | -2.0% |
| Remuneration and social security | 454/9 | €4,796 | €3,711 | -€1,085 | -22.6% |
| Other amounts payable | 47/48 | €56,455 | €773 | -€55,682 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,354 | €22,948 | +€15,595 | +212.1% |
| Other operating charges | 640/8 | €651 | €937 | +€286 | +44.0% |
| Non-recurring operating charges | 66A | - | €763 | +€763 | |
| Gross operating margin | 9900 | €74,331 | €99,135 | +€24,804 | +33.4% |
| Operating profit (loss) | 9901 | €66,326 | €74,487 | +€8,161 | +12.3% |
| Financial income | 75/76B | €2,301 | €2,184 | -€117 | -5.1% |
| Recurring financial income | 75 | €2,301 | €2,184 | -€117 | -5.1% |
| Financial charges | 65/66B | €307 | €4,026 | +€3,719 | +1211.4% |
| Recurring financial charges | 65 | €307 | €4,026 | +€3,719 | +1211.4% |
| Profit (loss) for the period before taxes | 9903 | €68,320 | €72,645 | +€4,324 | +6.3% |
| Income taxes | 67/77 | €13,924 | €15,604 | +€1,680 | +12.1% |
| Profit (loss) for the period | 9904 | €54,396 | €57,040 | +€2,645 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,396 | €57,040 | +€2,645 | +4.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.