TTN CONSULTING: 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.
TTN CONSULTING
Largest movements
- Financial fixed assets +€330,000
new in 2025: €330,000
- Cash -€66,154
down €66,154 (-80.5%), from €82,155 to €16,001
mainly Investment in fixed assets (net) (-€355,000) and Tax, wage and social debts (-€9,842)
- Current investments -€30,000
down €30,000 (-31.3%), from €95,861 to €65,861
- Receivables within one year -€13,313
down €13,313 (-97.5%), from €13,653 to €340
of which Trade receivables: -€13,313
- Tangible fixed assets +€10,608
up €10,608 (+39.4%), from €26,892 to €37,500
- Debts after one year +€150,000
new in 2025: €150,000
- Reserves +€45,736
up €45,736 (+35.4%), from €129,192 to €174,928
- Other debts +€38,989
up €38,989 (+63.1%), from €61,807 to €100,797
- Tax, wage and social debts -€9,842
down €9,842 (-33.2%), from €29,643 to €19,801
- Profit (loss) carried forward +€5,889
up €5,889, from -€5,889 to €0
- Gross operating margin +€73,073
up €73,073 (+1,000%), from €7,306 to €80,379
- Taxes +€19,385
up €19,385 (+13,405%), from €145 to €19,529
- Financial income +€6,852
up €6,852 (+4,281%), from €160 to €7,012
- Financial charges +€2,489
up €2,489 (+62.1%), from €4,006 to €6,495
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 | €220,386 | €454,916 | +€234,529 | +106% |
| Fixed assets | 21/28 | €26,892 | €372,385 | +€345,493 | +1,285% |
| Intangible fixed assets | 21 | - | €4,885 | +€4,885 | |
| Tangible fixed assets | 22/27 | €26,892 | €37,500 | +€10,608 | +39.4% |
| Furniture and vehicles | 24 | €26,892 | €37,500 | +€10,608 | +39.4% |
| Financial fixed assets | 28 | - | €330,000 | +€330,000 | |
| Current assets | 29/58 | €193,494 | €82,530 | -€110,964 | -57.3% |
| Amounts receivable within one year | 40/41 | €13,653 | €340 | -€13,313 | -97.5% |
| Trade receivables | 40 | €13,653 | €340 | -€13,313 | -97.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €95,861 | €65,861 | -€30,000 | -31.3% |
| Cash at bank and in hand | 54/58 | €82,155 | €16,001 | -€66,154 | -80.5% |
| Deferred charges and accrued income | 490/1 | €1,825 | €327 | -€1,498 | -82.1% |
| Total equity and liabilities | 10/49 | €220,386 | €454,916 | +€234,529 | +106% |
| Equity | 10/15 | €123,303 | €174,928 | +€51,625 | +41.9% |
| Reserves | 13 | €129,192 | €174,928 | +€45,736 | +35.4% |
| Distributable reserves | 133 | €129,192 | €174,928 | +€45,736 | +35.4% |
| Profit (loss) carried forward | 14 | -€5,889 | €0 | +€5,889 | |
| Amounts payable | 17/49 | €97,083 | €279,987 | +€182,904 | +188% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Financial debts | 170/4 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €92,022 | €121,659 | +€29,637 | +32.2% |
| Trade debts | 44 | €572 | €1,061 | +€489 | +85.5% |
| Suppliers | 440/4 | €572 | €1,061 | +€489 | +85.5% |
| Taxes, remuneration and social security | 45 | €29,643 | €19,801 | -€9,842 | -33.2% |
| Taxes | 450/3 | €29,643 | €19,801 | -€9,842 | -33.2% |
| Other amounts payable | 47/48 | €61,807 | €100,797 | +€38,989 | +63.1% |
| Accrued charges and deferred income | 492/3 | €5,061 | €8,328 | +€3,267 | +64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,931 | €9,507 | +€575 | +6.4% |
| Other operating charges | 640/8 | €272 | €235 | -€38 | -13.8% |
| Gross operating margin | 9900 | €7,306 | €80,379 | +€73,073 | +1,000% |
| Operating profit (loss) | 9901 | -€1,898 | €70,637 | +€72,536 | |
| Financial income | 75/76B | €160 | €7,012 | +€6,852 | +4,281% |
| Recurring financial income | 75 | €160 | €7,012 | +€6,852 | +4,281% |
| Financial charges | 65/66B | €4,006 | €6,495 | +€2,489 | +62.1% |
| Recurring financial charges | 65 | €4,006 | €6,495 | +€2,489 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,744 | €71,155 | +€76,899 | |
| Income taxes | 67/77 | €145 | €19,529 | +€19,385 | +13,405% |
| Profit (loss) for the period | 9904 | -€5,889 | €51,625 | +€57,514 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,889 | €51,625 | +€57,514 |
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 28 October 2026 via checked.be.