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 -€109,479
down €109,479 (-79.6%), from €137,536 to €28,057
mainly Contributions, distributions and other (-€163,000) and Receivables within one year (-€4,878)
- Receivables within one year +€4,878
up €4,878 (+11.9%), from €41,121 to €45,999
of which Other amounts receivable: +€5,434
- Reserves -€107,320
down €107,320 (-65.8%), from €163,036 to €55,717
- Gross operating margin -€23,664
down €23,664 (-24.5%), from €96,473 to €72,809
- Taxes -€4,353
down €4,353 (-22.5%), from €19,342 to €14,989
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 | €183,720 | €78,760 | -€104,960 | -57.1% |
| Fixed assets | 21/28 | €4,927 | €3,673 | -€1,253 | -25.4% |
| Tangible fixed assets | 22/27 | €4,677 | €3,423 | -€1,253 | -26.8% |
| Plant, machinery and equipment | 23 | €1,696 | €1,144 | -€552 | -32.6% |
| Furniture and vehicles | 24 | €2,980 | €2,279 | -€701 | -23.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €178,793 | €75,086 | -€103,707 | -58.0% |
| Amounts receivable within one year | 40/41 | €41,121 | €45,999 | +€4,878 | +11.9% |
| Trade receivables | 40 | €41,121 | €40,565 | -€555 | -1.4% |
| Other amounts receivable | 41 | - | €5,434 | +€5,434 | |
| Cash at bank and in hand | 54/58 | €137,536 | €28,057 | -€109,479 | -79.6% |
| Deferred charges and accrued income | 490/1 | €136 | €1,030 | +€894 | +657% |
| Total equity and liabilities | 10/49 | €183,720 | €78,760 | -€104,960 | -57.1% |
| Equity | 10/15 | €165,036 | €57,717 | -€107,320 | -65.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €163,036 | €55,717 | -€107,320 | -65.8% |
| Distributable reserves | 133 | €163,036 | €55,717 | -€107,320 | -65.8% |
| Amounts payable | 17/49 | €18,684 | €21,043 | +€2,359 | +12.6% |
| Amounts payable within one year | 42/48 | €18,684 | €21,043 | +€2,359 | +12.6% |
| Trade debts | 44 | €1,253 | €2,691 | +€1,438 | +115% |
| Suppliers | 440/4 | €1,253 | €2,691 | +€1,438 | +115% |
| Taxes, remuneration and social security | 45 | €13,453 | €14,413 | +€960 | +7.1% |
| Taxes | 450/3 | €13,453 | €14,413 | +€960 | +7.1% |
| Other amounts payable | 47/48 | €3,978 | €3,940 | -€38 | -1.0% |
| Non-recurring operating income | 76A | €1,600 | - | -€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,077 | €1,253 | +€176 | +16.4% |
| Other operating charges | 640/8 | €371 | €786 | +€415 | +112% |
| Non-recurring operating charges | 66A | €1,433 | - | -€1,433 | |
| Gross operating margin | 9900 | €96,473 | €72,809 | -€23,664 | -24.5% |
| Operating profit (loss) | 9901 | €93,593 | €70,770 | -€22,823 | -24.4% |
| Financial income | 75/76B | €741 | €1,409 | +€668 | +90.1% |
| Recurring financial income | 75 | €741 | €1,409 | +€668 | +90.1% |
| Financial charges | 65/66B | €1,748 | €1,509 | -€239 | -13.7% |
| Recurring financial charges | 65 | €1,748 | €1,509 | -€239 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €92,586 | €70,669 | -€21,916 | -23.7% |
| Income taxes | 67/77 | €19,342 | €14,989 | -€4,353 | -22.5% |
| Profit (loss) for the period | 9904 | €73,244 | €55,680 | -€17,563 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,244 | €55,680 | -€17,563 | -24.0% |
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 29 October 2026 via checked.be.