Tsc 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.
Tsc Consulting
Largest movements
- Cash +€62,283
up €62,283 (+109.3%), from €56,992 to €119,275
mainly Receivables within one year (+€55,389) and Net result for the year (+€49,103)
- Receivables within one year -€55,389
down €55,389 (-94.8%), from €58,409 to €3,020
of which Trade receivables: -€30,000
- Current investments +€50,309
up €50,309 (+100.6%), from €50,000 to €100,309
- Deferred charges and accrued income +€30,031
up €30,031 (+208.9%), from €14,379 to €44,410
- Reserves +€49,103
up €49,103 (+40.8%), from €120,228 to €169,331
- Tax, wage and social debts +€27,830
up €27,830 (+84.2%), from €33,037 to €60,867
- Trade debts +€6,116
up €6,116 (+92.0%), from €6,645 to €12,761
- Accrued charges and deferred income +€6,000
new in 2025: €6,000
- Gross operating margin +€16,008
up €16,008 (+25.0%), from €63,908 to €79,915
- Taxes +€11,600
up €11,600 (+67.3%), from €17,238 to €28,838
- Financial charges -€898
down €898 (-24.1%), from €3,726 to €2,829
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 | €179,780 | €267,014 | +€87,234 | +48.5% |
| Current assets | 29/58 | €179,780 | €267,014 | +€87,234 | +48.5% |
| Amounts receivable within one year | 40/41 | €58,409 | €3,020 | -€55,389 | -94.8% |
| Trade receivables | 40 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 41 | €28,409 | €3,020 | -€25,389 | -89.4% |
| Current investments | 50/53 | €50,000 | €100,309 | +€50,309 | +100.6% |
| Cash at bank and in hand | 54/58 | €56,992 | €119,275 | +€62,283 | +109.3% |
| Deferred charges and accrued income | 490/1 | €14,379 | €44,410 | +€30,031 | +208.9% |
| Total equity and liabilities | 10/49 | €179,780 | €267,014 | +€87,234 | +48.5% |
| Equity | 10/15 | €123,228 | €172,331 | +€49,103 | +39.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €120,228 | €169,331 | +€49,103 | +40.8% |
| Distributable reserves | 133 | €120,228 | €169,331 | +€49,103 | +40.8% |
| Amounts payable | 17/49 | €56,552 | €94,683 | +€38,131 | +67.4% |
| Amounts payable within one year | 42/48 | €56,552 | €88,683 | +€32,131 | +56.8% |
| Trade debts | 44 | €6,645 | €12,761 | +€6,116 | +92.0% |
| Suppliers | 440/4 | €6,645 | €12,761 | +€6,116 | +92.0% |
| Taxes, remuneration and social security | 45 | €33,037 | €60,867 | +€27,830 | +84.2% |
| Taxes | 450/3 | €33,037 | €60,867 | +€27,830 | +84.2% |
| Other amounts payable | 47/48 | €16,869 | €15,054 | -€1,815 | -10.8% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Other operating charges | 640/8 | €499 | €463 | -€36 | -7.3% |
| Gross operating margin | 9900 | €63,908 | €79,915 | +€16,008 | +25.0% |
| Operating profit (loss) | 9901 | €63,408 | €79,452 | +€16,044 | +25.3% |
| Financial income | 75/76B | €1,839 | €1,317 | -€523 | -28.4% |
| Recurring financial income | 75 | €1,839 | €1,317 | -€523 | -28.4% |
| Financial charges | 65/66B | €3,726 | €2,829 | -€898 | -24.1% |
| Recurring financial charges | 65 | €3,726 | €2,829 | -€898 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €61,521 | €77,940 | +€16,419 | +26.7% |
| Income taxes | 67/77 | €17,238 | €28,838 | +€11,600 | +67.3% |
| Profit (loss) for the period | 9904 | €44,283 | €49,103 | +€4,819 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,283 | €49,103 | +€4,819 | +10.9% |
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 7 October 2026 via checked.be.