TVS Consult: 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.
TVS Consult
Largest movements
- Current investments -€311,199
down €311,199 (-62.2%), from €500,000 to €188,801
- Financial fixed assets +€270,000
up €270,000 (+43.2%), from €624,297 to €894,297
- Tangible fixed assets -€22,073
down €22,073 (-23.5%), from €93,809 to €71,736
of which Furniture and vehicles: -€20,909
- Debts after one year -€67,838
down €67,838 (-50.1%), from €135,472 to €67,634
- Other debts -€15,192
down €15,192 (-96.3%), from €15,780 to €588
- Reserves +€12,500
up €12,500 (+1.2%), from €1.1m to €1.1m
- Depreciation -€43,862
down €43,862 (-62.5%), from €70,228 to €26,366
- Gross operating margin +€10,211
up €10,211 (+23.4%), from €43,673 to €53,884
- Taxes +€5,611
up €5,611 (+1,122%), from €500 to €6,111
- Financial charges -€3,277
down €3,277 (-36.4%), from €9,001 to €5,724
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 | €1,248,187 | €1,178,348 | -€69,839 | -5.6% |
| Fixed assets | 21/28 | €718,106 | €966,033 | +€247,927 | +34.5% |
| Tangible fixed assets | 22/27 | €93,809 | €71,736 | -€22,073 | -23.5% |
| Land and buildings | 22 | €1,339 | €1,165 | -€174 | -13.0% |
| Plant, machinery and equipment | 23 | €5,363 | €4,374 | -€989 | -18.4% |
| Furniture and vehicles | 24 | €87,106 | €66,197 | -€20,909 | -24.0% |
| Financial fixed assets | 28 | €624,297 | €894,297 | +€270,000 | +43.2% |
| Current assets | 29/58 | €530,081 | €212,315 | -€317,766 | -59.9% |
| Amounts receivable within one year | 40/41 | €26,093 | €23,465 | -€2,628 | -10.1% |
| Trade receivables | 40 | €13,000 | €13,465 | +€465 | +3.6% |
| Other amounts receivable | 41 | €13,093 | €10,000 | -€3,093 | -23.6% |
| Current investments | 50/53 | €500,000 | €188,801 | -€311,199 | -62.2% |
| Cash at bank and in hand | 54/58 | €3,988 | €49 | -€3,939 | -98.8% |
| Total equity and liabilities | 10/49 | €1,248,187 | €1,178,348 | -€69,839 | -5.6% |
| Equity | 10/15 | €1,027,400 | €1,041,381 | +€13,981 | +1.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,060,000 | €1,072,500 | +€12,500 | +1.2% |
| Distributable reserves | 133 | €1,060,000 | €1,072,500 | +€12,500 | +1.2% |
| Profit (loss) carried forward | 14 | -€37,600 | -€36,119 | +€1,481 | +3.9% |
| Amounts payable | 17/49 | €220,787 | €136,967 | -€83,821 | -38.0% |
| Amounts payable after more than one year | 17 | €135,472 | €67,634 | -€67,838 | -50.1% |
| Financial debts | 170/4 | €135,472 | €67,634 | -€67,838 | -50.1% |
| Amounts payable within one year | 42/48 | €85,315 | €69,333 | -€15,983 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €68,240 | €67,838 | -€402 | -0.6% |
| Trade debts | 44 | €1,249 | €784 | -€464 | -37.2% |
| Suppliers | 440/4 | €1,249 | €784 | -€464 | -37.2% |
| Taxes, remuneration and social security | 45 | €46 | €122 | +€76 | +164% |
| Taxes | 450/3 | €46 | €122 | +€76 | +164% |
| Other amounts payable | 47/48 | €15,780 | €588 | -€15,192 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,228 | €26,366 | -€43,862 | -62.5% |
| Other operating charges | 640/8 | €1,757 | €1,701 | -€56 | -3.2% |
| Gross operating margin | 9900 | €43,673 | €53,884 | +€10,211 | +23.4% |
| Operating profit (loss) | 9901 | -€28,311 | €25,817 | +€54,128 | |
| Financial income | 75/76B | €33 | €0 | -€32 | -100.0% |
| Recurring financial income | 75 | €33 | €0 | -€32 | -100.0% |
| Financial charges | 65/66B | €9,001 | €5,724 | -€3,277 | -36.4% |
| Recurring financial charges | 65 | €9,001 | €5,724 | -€3,277 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,280 | €20,093 | +€57,373 | |
| Income taxes | 67/77 | €500 | €6,111 | +€5,611 | +1,122% |
| Profit (loss) for the period | 9904 | -€37,780 | €13,981 | +€51,761 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,780 | €13,981 | +€51,761 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.