T.M. LAB.: 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.
T.M. LAB.
Largest movements
- Current investments -€30,738
down €30,738 (-86.7%), from €35,438 to €4,700
- Receivables within one year -€17,615
down €17,615 (-58.4%), from €30,142 to €12,528
of which Trade receivables: -€16,053
- Tangible fixed assets -€7,074
down €7,074 (-31.9%), from €22,187 to €15,113
of which Furniture and vehicles: -€5,407
- Cash -€1,708
down €1,708 (-81.8%), from €2,088 to €380
mainly Trade debts (-€27,527) and Net result for the year (-€21,193)
- Trade debts -€27,527
down €27,527 (-94.1%), from €29,255 to €1,728
- Profit (loss) carried forward -€21,193
down €21,193, from €5,032 to -€16,160
- Current portion of long-term debt -€5,563
down €5,563 (-75.9%), from €7,326 to €1,763
- Tax, wage and social debts -€4,098
down €4,098 (-63.3%), from €6,476 to €2,378
of which Taxes: -€2,319
- Debts after one year -€1,763
down €1,763 (-79.2%), from €2,225 to €462
- Gross operating margin -€37,394
down €37,394 (-88.4%), from €42,318 to €4,925
- Staff costs -€4,680
down €4,680 (-22.1%), from €21,210 to €16,531
- Taxes -€4,214
down €4,214 (-95.6%), from €4,409 to €195
- Other operating charges +€1,679
up €1,679 (+155%), from €1,084 to €2,762
- Financial income +€1,110
up €1,110 (+1,309%), from €85 to €1,195
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 | €100,406 | €42,545 | -€57,861 | -57.6% |
| Fixed assets | 21/28 | €22,187 | €15,113 | -€7,074 | -31.9% |
| Tangible fixed assets | 22/27 | €22,187 | €15,113 | -€7,074 | -31.9% |
| Furniture and vehicles | 24 | €18,325 | €12,918 | -€5,407 | -29.5% |
| Leasing and similar rights | 25 | €3,862 | €2,195 | -€1,667 | -43.2% |
| Current assets | 29/58 | €78,219 | €27,432 | -€50,787 | -64.9% |
| Stocks and contracts in progress | 3 | €9,645 | €9,124 | -€522 | -5.4% |
| Stocks | 30/36 | €9,645 | €9,124 | -€522 | -5.4% |
| Amounts receivable within one year | 40/41 | €30,142 | €12,528 | -€17,615 | -58.4% |
| Trade receivables | 40 | €26,856 | €10,803 | -€16,053 | -59.8% |
| Other amounts receivable | 41 | €3,286 | €1,725 | -€1,562 | -47.5% |
| Current investments | 50/53 | €35,438 | €4,700 | -€30,738 | -86.7% |
| Cash at bank and in hand | 54/58 | €2,088 | €380 | -€1,708 | -81.8% |
| Deferred charges and accrued income | 490/1 | €905 | €701 | -€205 | -22.6% |
| Total equity and liabilities | 10/49 | €100,406 | €42,545 | -€57,861 | -57.6% |
| Equity | 10/15 | €50,219 | €29,027 | -€21,193 | -42.2% |
| Contributions | 10/11 | €6,577 | €6,577 | = | 0.0% |
| Reserves | 13 | €38,610 | €38,610 | = | 0.0% |
| Distributable reserves | 133 | €38,610 | €38,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,032 | -€16,160 | -€21,193 | |
| Amounts payable | 17/49 | €50,186 | €13,518 | -€36,668 | -73.1% |
| Amounts payable after more than one year | 17 | €2,225 | €462 | -€1,763 | -79.2% |
| Financial debts | 170/4 | €2,225 | €462 | -€1,763 | -79.2% |
| Amounts payable within one year | 42/48 | €47,961 | €13,056 | -€34,905 | -72.8% |
| Current portion of amounts payable after more than one year | 42 | €7,326 | €1,763 | -€5,563 | -75.9% |
| Financial debts | 43 | €1,451 | €2,900 | +€1,449 | +99.8% |
| Credit institutions | 430/8 | €1,451 | €2,900 | +€1,449 | +99.8% |
| Trade debts | 44 | €29,255 | €1,728 | -€27,527 | -94.1% |
| Suppliers | 440/4 | €29,255 | €1,728 | -€27,527 | -94.1% |
| Taxes, remuneration and social security | 45 | €6,476 | €2,378 | -€4,098 | -63.3% |
| Taxes | 450/3 | €2,400 | €81 | -€2,319 | -96.6% |
| Remuneration and social security | 454/9 | €4,076 | €2,296 | -€1,779 | -43.7% |
| Other amounts payable | 47/48 | €3,453 | €4,288 | +€835 | +24.2% |
| Remuneration, social security and pensions | 62 | €21,210 | €16,531 | -€4,680 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,546 | €7,074 | +€528 | +8.1% |
| Other operating charges | 640/8 | €1,084 | €2,762 | +€1,679 | +155% |
| Gross operating margin | 9900 | €42,318 | €4,925 | -€37,394 | -88.4% |
| Operating profit (loss) | 9901 | €13,479 | -€21,442 | -€34,921 | |
| Financial income | 75/76B | €85 | €1,195 | +€1,110 | +1,309% |
| Recurring financial income | 75 | €85 | €1,195 | +€1,110 | +1,309% |
| Financial charges | 65/66B | €1,254 | €751 | -€503 | -40.1% |
| Recurring financial charges | 65 | €1,254 | €751 | -€503 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €12,310 | -€20,998 | -€33,307 | |
| Income taxes | 67/77 | €4,409 | €195 | -€4,214 | -95.6% |
| Profit (loss) for the period | 9904 | €7,901 | -€21,193 | -€29,094 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,901 | -€21,193 | -€29,094 |
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 21 October 2026 via checked.be.