TVC Consultancy: 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.
TVC Consultancy
Largest movements
- Deferred charges and accrued income +€60,319
up €60,319 (+41,033%), from €147 to €60,466
- Receivables within one year -€36,468
down €36,468 (-50.0%), from €72,939 to €36,471
of which Trade receivables: -€36,639
- Cash +€11,420
up €11,420 (+156%), from €7,341 to €18,761
mainly Net result for the year (+€38,465) and Receivables within one year (+€36,468)
- Tangible fixed assets +€3,670
new in 2025: €3,670
- Profit (loss) carried forward +€38,465
up €38,465 (+85.0%), from €45,250 to €83,715
- Trade debts +€9,459
new in 2025: €9,459
- Other debts -€8,095
down €8,095 (-80.8%), from €10,019 to €1,924
- Gross operating margin -€8,145
down €8,145 (-14.2%), from €57,204 to €49,059
- Taxes -€1,514
down €1,514 (-13.1%), from €11,528 to €10,014
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 | €80,427 | €119,368 | +€38,941 | +48.4% |
| Fixed assets | 21/28 | - | €3,670 | +€3,670 | |
| Tangible fixed assets | 22/27 | - | €3,670 | +€3,670 | |
| Plant, machinery and equipment | 23 | - | €3,670 | +€3,670 | |
| Current assets | 29/58 | €80,427 | €115,698 | +€35,271 | +43.9% |
| Amounts receivable within one year | 40/41 | €72,939 | €36,471 | -€36,468 | -50.0% |
| Trade receivables | 40 | €72,939 | €36,300 | -€36,639 | -50.2% |
| Other amounts receivable | 41 | - | €171 | +€171 | |
| Cash at bank and in hand | 54/58 | €7,341 | €18,761 | +€11,420 | +156% |
| Deferred charges and accrued income | 490/1 | €147 | €60,466 | +€60,319 | +41,033% |
| Total equity and liabilities | 10/49 | €80,427 | €119,368 | +€38,941 | +48.4% |
| Equity | 10/15 | €46,250 | €84,715 | +€38,465 | +83.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,250 | €83,715 | +€38,465 | +85.0% |
| Amounts payable | 17/49 | €34,177 | €34,653 | +€476 | +1.4% |
| Amounts payable within one year | 42/48 | €33,841 | €34,653 | +€812 | +2.4% |
| Trade debts | 44 | - | €9,459 | +€9,459 | |
| Suppliers | 440/4 | - | €9,459 | +€9,459 | |
| Taxes, remuneration and social security | 45 | €23,822 | €23,270 | -€552 | -2.3% |
| Taxes | 450/3 | €23,822 | €21,542 | -€2,280 | -9.6% |
| Remuneration and social security | 454/9 | - | €1,728 | +€1,728 | |
| Other amounts payable | 47/48 | €10,019 | €1,924 | -€8,095 | -80.8% |
| Accrued charges and deferred income | 492/3 | €336 | - | -€336 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €221 | +€221 | |
| Other operating charges | 640/8 | €426 | €112 | -€314 | -73.7% |
| Gross operating margin | 9900 | €57,204 | €49,059 | -€8,145 | -14.2% |
| Operating profit (loss) | 9901 | €56,778 | €48,726 | -€8,052 | -14.2% |
| Financial charges | 65/66B | - | €247 | +€247 | |
| Recurring financial charges | 65 | - | €247 | +€247 | |
| Profit (loss) for the period before taxes | 9903 | €56,778 | €48,479 | -€8,299 | -14.6% |
| Income taxes | 67/77 | €11,528 | €10,014 | -€1,514 | -13.1% |
| Profit (loss) for the period | 9904 | €45,250 | €38,465 | -€6,785 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,250 | €38,465 | -€6,785 | -15.0% |
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 19 October 2026 via checked.be.