TVP 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.
TVP Consulting
Largest movements
- Cash -€31,495
down €31,495 (-17.4%), from €181,148 to €149,652
mainly Contributions, distributions and other (-€158,868) and Other debts (-€9,082)
- Tangible fixed assets -€11,166
down €11,166 (-66.9%), from €16,701 to €5,535
of which Furniture and vehicles: -€10,561
- Receivables within one year +€6,082
up €6,082 (+26.8%), from €22,718 to €28,800
of which Trade receivables: +€7,396
- Reserves -€20,000
down €20,000 (-55.4%), from €36,075 to €16,075
- Other debts -€9,082
down €9,082 (-6.1%), from €150,000 to €140,918
- Debts after one year -€5,387
down €5,387 (-100%), from €5,387 to €0
- Current portion of long-term debt -€5,322
down €5,322 (-49.7%), from €10,709 to €5,387
- Tax, wage and social debts +€2,638
up €2,638 (+20.6%), from €12,828 to €15,466
of which Taxes: +€3,238
- Gross operating margin +€41,328
up €41,328 (+27.4%), from €150,843 to €192,171
- Taxes +€10,301
up €10,301 (+33.6%), from €30,653 to €40,954
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 | €221,969 | €185,592 | -€36,377 | -16.4% |
| Fixed assets | 21/28 | €16,701 | €5,535 | -€11,166 | -66.9% |
| Tangible fixed assets | 22/27 | €16,701 | €5,535 | -€11,166 | -66.9% |
| Furniture and vehicles | 24 | €15,665 | €5,104 | -€10,561 | -67.4% |
| Other tangible fixed assets | 26 | €1,036 | €430 | -€605 | -58.4% |
| Current assets | 29/58 | €205,269 | €180,058 | -€25,211 | -12.3% |
| Amounts receivable within one year | 40/41 | €22,718 | €28,800 | +€6,082 | +26.8% |
| Trade receivables | 40 | €21,404 | €28,800 | +€7,396 | +34.6% |
| Other amounts receivable | 41 | €1,315 | €0 | -€1,315 | -100% |
| Cash at bank and in hand | 54/58 | €181,148 | €149,652 | -€31,495 | -17.4% |
| Deferred charges and accrued income | 490/1 | €1,403 | €1,605 | +€203 | +14.4% |
| Total equity and liabilities | 10/49 | €221,969 | €185,592 | -€36,377 | -16.4% |
| Equity | 10/15 | €41,075 | €21,075 | -€20,000 | -48.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,075 | €16,075 | -€20,000 | -55.4% |
| Distributable reserves | 133 | €36,075 | €16,075 | -€20,000 | -55.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €180,894 | €164,517 | -€16,377 | -9.1% |
| Amounts payable after more than one year | 17 | €5,387 | €0 | -€5,387 | -100% |
| Financial debts | 170/4 | €5,387 | €0 | -€5,387 | -100% |
| Amounts payable within one year | 42/48 | €175,507 | €164,517 | -€10,990 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €10,709 | €5,387 | -€5,322 | -49.7% |
| Trade debts | 44 | €1,970 | €2,745 | +€776 | +39.4% |
| Suppliers | 440/4 | €1,970 | €2,745 | +€776 | +39.4% |
| Taxes, remuneration and social security | 45 | €12,828 | €15,466 | +€2,638 | +20.6% |
| Taxes | 450/3 | €12,228 | €15,466 | +€3,238 | +26.5% |
| Remuneration and social security | 454/9 | €600 | €0 | -€600 | -100% |
| Other amounts payable | 47/48 | €150,000 | €140,918 | -€9,082 | -6.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,166 | €11,166 | = | 0.0% |
| Other operating charges | 640/8 | €691 | €692 | +€1 | +0.2% |
| Gross operating margin | 9900 | €150,843 | €192,171 | +€41,328 | +27.4% |
| Operating profit (loss) | 9901 | €138,987 | €180,314 | +€41,327 | +29.7% |
| Financial income | 75/76B | €60 | €29 | -€30 | -50.7% |
| Recurring financial income | 75 | €60 | €29 | -€30 | -50.7% |
| Financial charges | 65/66B | €480 | €520 | +€40 | +8.3% |
| Recurring financial charges | 65 | €480 | €520 | +€40 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €138,567 | €179,823 | +€41,256 | +29.8% |
| Income taxes | 67/77 | €30,653 | €40,954 | +€10,301 | +33.6% |
| Profit (loss) for the period | 9904 | €107,914 | €138,868 | +€30,955 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €107,914 | €138,868 | +€30,955 | +28.7% |
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.