TVRS 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.
TVRS Consulting
Largest movements
- Cash +€83,923
up €83,923 (+240%), from €34,930 to €118,853
mainly Net result for the year (+€81,949) and Receivables within one year (+€7,819)
- Receivables within one year -€7,819
down €7,819 (-34.2%), from €22,869 to €15,050
of which Trade receivables: -€9,247
- Reserves +€81,949
up €81,949 (+188%), from €43,486 to €125,435
- Tax, wage and social debts -€4,717
down €4,717 (-48.1%), from €9,803 to €5,086
- Gross operating margin +€48,630
up €48,630 (+87.3%), from €55,691 to €104,321
- Taxes +€10,488
up €10,488 (+93.5%), from €11,215 to €21,703
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 | €60,903 | €138,520 | +€77,618 | +127% |
| Fixed assets | 21/28 | €3,104 | €4,126 | +€1,022 | +32.9% |
| Tangible fixed assets | 22/27 | €3,104 | €4,126 | +€1,022 | +32.9% |
| Furniture and vehicles | 24 | €1,230 | €2,450 | +€1,220 | +99.2% |
| Other tangible fixed assets | 26 | €1,874 | €1,675 | -€199 | -10.6% |
| Current assets | 29/58 | €57,799 | €134,394 | +€76,596 | +133% |
| Amounts receivable within one year | 40/41 | €22,869 | €15,050 | -€7,819 | -34.2% |
| Trade receivables | 40 | €22,869 | €13,622 | -€9,247 | -40.4% |
| Other amounts receivable | 41 | - | €1,428 | +€1,428 | |
| Cash at bank and in hand | 54/58 | €34,930 | €118,853 | +€83,923 | +240% |
| Deferred charges and accrued income | 490/1 | - | €492 | +€492 | |
| Total equity and liabilities | 10/49 | €60,903 | €138,520 | +€77,618 | +127% |
| Equity | 10/15 | €48,486 | €130,435 | +€81,949 | +169% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €43,486 | €125,435 | +€81,949 | +188% |
| Distributable reserves | 133 | €43,486 | €125,435 | +€81,949 | +188% |
| Amounts payable | 17/49 | €12,417 | €8,085 | -€4,331 | -34.9% |
| Amounts payable within one year | 42/48 | €12,417 | €8,085 | -€4,331 | -34.9% |
| Trade debts | 44 | €2,613 | €2,416 | -€197 | -7.6% |
| Suppliers | 440/4 | €2,613 | €2,416 | -€197 | -7.6% |
| Taxes, remuneration and social security | 45 | €9,803 | €5,086 | -€4,717 | -48.1% |
| Taxes | 450/3 | €9,803 | €5,086 | -€4,717 | -48.1% |
| Other amounts payable | 47/48 | - | €583 | +€583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114 | €482 | +€368 | +322% |
| Other operating charges | 640/8 | €519 | €115 | -€404 | -77.9% |
| Gross operating margin | 9900 | €55,691 | €104,321 | +€48,630 | +87.3% |
| Operating profit (loss) | 9901 | €55,058 | €103,725 | +€48,667 | +88.4% |
| Financial income | 75/76B | - | €434 | +€434 | |
| Recurring financial income | 75 | - | €434 | +€434 | |
| Financial charges | 65/66B | €357 | €508 | +€150 | +42.0% |
| Recurring financial charges | 65 | €357 | €508 | +€150 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €54,701 | €103,651 | +€48,951 | +89.5% |
| Income taxes | 67/77 | €11,215 | €21,703 | +€10,488 | +93.5% |
| Profit (loss) for the period | 9904 | €43,486 | €81,949 | +€38,463 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,486 | €81,949 | +€38,463 | +88.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.