TVR CONSULTING: what changed
TVR CONSULTING
Largest movements
- Cash +€25,575
up €25,575 (+360%), from €7,098 to €32,673
mainly Net result for the year (+€43,647) and Receivables within one year (+€21,675)
- Receivables within one year -€21,675
down €21,675 (-43.8%), from €49,505 to €27,830
of which Trade receivables: -€20,135
- Tangible fixed assets -€1,004
down €1,004 (-29.3%), from €3,421 to €2,418
of which Furniture and vehicles: -€725
- Deferred charges and accrued income -€942
down €942 (-58.1%), from €1,621 to €679
- Tax, wage and social debts +€1,985
up €1,985 (+26.7%), from €7,425 to €9,410
- Other operating charges -€4,563
down €4,563 (-82.0%), from €5,565 to €1,002
- Taxes +€2,494
up €2,494 (+18.5%), from €13,475 to €15,969
- Financial charges +€926
up €926 (+32.2%), from €2,876 to €3,801
- Depreciation +€856
up €856 (+580%), from €148 to €1,004
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,645 | €63,599 | +€1,954 | +3.2% |
| Fixed assets | 21/28 | €3,421 | €2,418 | -€1,004 | -29.3% |
| Tangible fixed assets | 22/27 | €3,421 | €2,418 | -€1,004 | -29.3% |
| Plant, machinery and equipment | 23 | €1,321 | €1,042 | -€279 | -21.1% |
| Furniture and vehicles | 24 | €2,100 | €1,376 | -€725 | -34.5% |
| Current assets | 29/58 | €58,224 | €61,182 | +€2,958 | +5.1% |
| Amounts receivable within one year | 40/41 | €49,505 | €27,830 | -€21,675 | -43.8% |
| Trade receivables | 40 | €47,965 | €27,830 | -€20,135 | -42.0% |
| Other amounts receivable | 41 | €1,540 | €0 | -€1,540 | -100% |
| Cash at bank and in hand | 54/58 | €7,098 | €32,673 | +€25,575 | +360% |
| Deferred charges and accrued income | 490/1 | €1,621 | €679 | -€942 | -58.1% |
| Total equity and liabilities | 10/49 | €61,645 | €63,599 | +€1,954 | +3.2% |
| Equity | 10/15 | €6,000 | €6,000 | = | 0.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,645 | €57,599 | +€1,954 | +3.5% |
| Amounts payable within one year | 42/48 | €55,645 | €57,599 | +€1,954 | +3.5% |
| Trade debts | 44 | €365 | €679 | +€313 | +85.7% |
| Suppliers | 440/4 | €365 | €679 | +€313 | +85.7% |
| Taxes, remuneration and social security | 45 | €7,425 | €9,410 | +€1,985 | +26.7% |
| Taxes | 450/3 | €7,425 | €9,410 | +€1,985 | +26.7% |
| Other amounts payable | 47/48 | €47,855 | €47,510 | -€344 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148 | €1,004 | +€856 | +580% |
| Other operating charges | 640/8 | €5,565 | €1,002 | -€4,563 | -82.0% |
| Gross operating margin | 9900 | €64,905 | €65,423 | +€518 | +0.8% |
| Operating profit (loss) | 9901 | €59,193 | €63,417 | +€4,224 | +7.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,876 | €3,801 | +€926 | +32.2% |
| Recurring financial charges | 65 | €2,876 | €3,801 | +€926 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €56,317 | €59,616 | +€3,299 | +5.9% |
| Income taxes | 67/77 | €13,475 | €15,969 | +€2,494 | +18.5% |
| Profit (loss) for the period | 9904 | €42,843 | €43,647 | +€805 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,843 | €43,647 | +€805 | +1.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.