T.M.S.: what changed
Two fiscal 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.S.
Largest movements
- Tangible fixed assets +€16,746
up €16,746 (+23.1%), from €72,547 to €89,293
of which Land and buildings: +€17,322
- Other debts +€32,461
up €32,461 (+345.8%), from €9,389 to €41,850
- Reserves -€11,701
down €11,701 (-22.1%), from €52,944 to €41,243
of which Distributable reserves: -€11,701
- Trade debts -€2,420
no longer reported in 2024 (was €2,420)
- Accrued charges and deferred income -€1,594
no longer reported in 2024 (was €1,594)
- Depreciation +€2,814
up €2,814 (+32.8%), from €8,582 to €11,396
- Gross operating margin +€1,305
up €1,305, from -€1,210 to €95
- Other operating charges +€15
up €15 (+4.0%), from €384 to €400
From the 2023 result to the 2024 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,547 | €89,293 | +€16,746 | +23.1% |
| Fixed assets | 21/28 | €72,547 | €89,293 | +€16,746 | +23.1% |
| Tangible fixed assets | 22/27 | €72,547 | €89,293 | +€16,746 | +23.1% |
| Land and buildings | 22 | €68,515 | €85,837 | +€17,322 | +25.3% |
| Furniture and vehicles | 24 | €4,032 | €3,456 | -€576 | -14.3% |
| Total equity and liabilities | 10/49 | €72,547 | €89,293 | +€16,746 | +23.1% |
| Equity | 10/15 | €59,144 | €47,443 | -€11,701 | -19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,944 | €41,243 | -€11,701 | -22.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €51,084 | €39,384 | -€11,701 | -22.9% |
| Amounts payable | 17/49 | €13,403 | €41,850 | +€28,447 | +212.2% |
| Amounts payable within one year | 42/48 | €11,809 | €41,850 | +€30,041 | +254.4% |
| Trade debts | 44 | €2,420 | - | -€2,420 | |
| Suppliers | 440/4 | €2,420 | - | -€2,420 | |
| Other amounts payable | 47/48 | €9,389 | €41,850 | +€32,461 | +345.8% |
| Accrued charges and deferred income | 492/3 | €1,594 | - | -€1,594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,582 | €11,396 | +€2,814 | +32.8% |
| Other operating charges | 640/8 | €384 | €400 | +€15 | +4.0% |
| Gross operating margin | 9900 | -€1,210 | €95 | +€1,305 | |
| Operating profit (loss) | 9901 | -€10,176 | -€11,701 | -€1,524 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,176 | -€11,701 | -€1,524 | -15.0% |
| Profit (loss) for the period | 9904 | -€10,176 | -€11,701 | -€1,524 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,176 | -€11,701 | -€1,524 | -15.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.