TV2BM & fils: 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.
TV2BM & fils
Largest movements
- Receivables within one year +€27,545
up €27,545 (+510%), from €5,396 to €32,941
of which Trade receivables: +€30,578
- Deferred charges and accrued income -€8,277
down €8,277 (-69.6%), from €11,889 to €3,612
- Tangible fixed assets -€5,656
down €5,656 (-14.1%), from €39,970 to €34,315
of which Furniture and vehicles: -€7,780
- Trade debts +€14,167
up €14,167 (+160%), from €8,843 to €23,010
- Reserves +€8,800
up €8,800 (+35.2%), from €25,000 to €33,800
- Tax, wage and social debts -€6,611
down €6,611 (-35.6%), from €18,583 to €11,971
of which Taxes: -€6,511
- Accrued charges and deferred income -€4,849
down €4,849 (-93.8%), from €5,171 to €323
- Current portion of long-term debt +€1,655
up €1,655 (+61.1%), from €2,711 to €4,365
- Gross operating margin +€13,687
up €13,687 (+67.8%), from €20,195 to €33,882
- Financial charges +€3,469
up €3,469 (+76.0%), from €4,565 to €8,034
- Depreciation +€3,152
up €3,152 (+34.7%), from €9,074 to €12,226
- Taxes +€2,672
up €2,672 (+118%), from €2,256 to €4,928
- Other operating charges -€468
down €468 (-65.4%), from €715 to €247
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 | €102,359 | €115,536 | +€13,177 | +12.9% |
| Fixed assets | 21/28 | €39,970 | €34,315 | -€5,656 | -14.1% |
| Tangible fixed assets | 22/27 | €39,970 | €34,315 | -€5,656 | -14.1% |
| Plant, machinery and equipment | 23 | €10,438 | €12,562 | +€2,124 | +20.3% |
| Furniture and vehicles | 24 | €29,532 | €21,752 | -€7,780 | -26.3% |
| Current assets | 29/58 | €62,388 | €81,222 | +€18,833 | +30.2% |
| Stocks and contracts in progress | 3 | €1,517 | €619 | -€899 | -59.2% |
| Stocks | 30/36 | €1,517 | €619 | -€899 | -59.2% |
| Amounts receivable within one year | 40/41 | €5,396 | €32,941 | +€27,545 | +510% |
| Trade receivables | 40 | €1,216 | €31,794 | +€30,578 | +2,514% |
| Other amounts receivable | 41 | €4,179 | €1,147 | -€3,033 | -72.6% |
| Cash at bank and in hand | 54/58 | €43,586 | €44,050 | +€464 | +1.1% |
| Deferred charges and accrued income | 490/1 | €11,889 | €3,612 | -€8,277 | -69.6% |
| Total equity and liabilities | 10/49 | €102,359 | €115,536 | +€13,177 | +12.9% |
| Equity | 10/15 | €58,281 | €67,107 | +€8,826 | +15.1% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €33,800 | +€8,800 | +35.2% |
| Distributable reserves | 133 | €25,000 | €33,800 | +€8,800 | +35.2% |
| Profit (loss) carried forward | 14 | €12,281 | €12,307 | +€26 | +0.2% |
| Amounts payable | 17/49 | €44,078 | €48,429 | +€4,351 | +9.9% |
| Amounts payable after more than one year | 17 | €8,510 | €8,419 | -€91 | -1.1% |
| Financial debts | 170/4 | €8,510 | €8,419 | -€91 | -1.1% |
| Amounts payable within one year | 42/48 | €30,397 | €39,687 | +€9,290 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | €2,711 | €4,365 | +€1,655 | +61.1% |
| Trade debts | 44 | €8,843 | €23,010 | +€14,167 | +160% |
| Suppliers | 440/4 | €8,843 | €23,010 | +€14,167 | +160% |
| Taxes, remuneration and social security | 45 | €18,583 | €11,971 | -€6,611 | -35.6% |
| Taxes | 450/3 | €18,482 | €11,971 | -€6,511 | -35.2% |
| Remuneration and social security | 454/9 | €100 | - | -€100 | |
| Other amounts payable | 47/48 | €260 | €340 | +€80 | +30.7% |
| Accrued charges and deferred income | 492/3 | €5,171 | €323 | -€4,849 | -93.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,074 | €12,226 | +€3,152 | +34.7% |
| Other operating charges | 640/8 | €715 | €247 | -€468 | -65.4% |
| Gross operating margin | 9900 | €20,195 | €33,882 | +€13,687 | +67.8% |
| Operating profit (loss) | 9901 | €10,405 | €21,409 | +€11,003 | +106% |
| Financial income | 75/76B | €378 | €380 | +€2 | +0.6% |
| Recurring financial income | 75 | €378 | €380 | +€2 | +0.6% |
| Financial charges | 65/66B | €4,565 | €8,034 | +€3,469 | +76.0% |
| Recurring financial charges | 65 | €4,565 | €8,034 | +€3,469 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €6,218 | €13,755 | +€7,536 | +121% |
| Income taxes | 67/77 | €2,256 | €4,928 | +€2,672 | +118% |
| Profit (loss) for the period | 9904 | €3,962 | €8,826 | +€4,864 | +123% |
| Profit (loss) for the period to be appropriated | 9905 | €3,962 | €8,826 | +€4,864 | +123% |
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 21 October 2026 via checked.be.