T&M SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€33,906
up €33,906 (+53.9%), from €62,962 to €96,868
of which Trade receivables: +€25,314
- Receivables after one year +€7,820
new in 2025: €7,820
- Intangible fixed assets -€2,672
no longer reported in 2025 (was €2,672)
- Deferred charges and accrued income +€2,177
up €2,177 (+821.5%), from €265 to €2,442
- Profit (loss) carried forward +€20,296
up €20,296 (+56.5%), from €35,925 to €56,221
- Tax, wage and social debts +€12,074
up €12,074 (+61.8%), from €19,543 to €31,617
of which Remuneration and social security: +€6,454
- Trade debts +€7,523
up €7,523 (+19.8%), from €38,012 to €45,535
- Gross operating margin -€12,075
down €12,075 (-12.0%), from €100,595 to €88,520
- Taxes -€7,108
down €7,108 (-47.4%), from €15,000 to €7,892
- Staff costs +€6,237
up €6,237 (+18.4%), from €33,925 to €40,162
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.
Cash bridge derived
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 | €118,673 | €158,916 | +€40,243 | +33.9% |
| Fixed assets | 21/28 | €8,054 | €4,872 | -€3,182 | -39.5% |
| Intangible fixed assets | 21 | €2,672 | - | -€2,672 | |
| Tangible fixed assets | 22/27 | €5,232 | €4,722 | -€510 | -9.7% |
| Plant, machinery and equipment | 23 | €5,232 | €3,384 | -€1,848 | -35.3% |
| Furniture and vehicles | 24 | - | €1,338 | +€1,338 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €110,619 | €154,044 | +€43,425 | +39.3% |
| Amounts receivable after more than one year | 29 | - | €7,820 | +€7,820 | |
| Other amounts receivable | 291 | - | €7,820 | +€7,820 | |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,962 | €96,868 | +€33,906 | +53.9% |
| Trade receivables | 40 | €60,204 | €85,518 | +€25,314 | +42.0% |
| Other amounts receivable | 41 | €2,758 | €11,350 | +€8,592 | +311.5% |
| Cash at bank and in hand | 54/58 | €42,392 | €41,914 | -€478 | -1.1% |
| Deferred charges and accrued income | 490/1 | €265 | €2,442 | +€2,177 | +821.5% |
| Total equity and liabilities | 10/49 | €118,673 | €158,916 | +€40,243 | +33.9% |
| Equity | 10/15 | €60,925 | €81,221 | +€20,296 | +33.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,925 | €56,221 | +€20,296 | +56.5% |
| Amounts payable | 17/49 | €57,748 | €77,695 | +€19,947 | +34.5% |
| Amounts payable within one year | 42/48 | €57,748 | €77,695 | +€19,947 | +34.5% |
| Trade debts | 44 | €38,012 | €45,535 | +€7,523 | +19.8% |
| Suppliers | 440/4 | €38,012 | €45,535 | +€7,523 | +19.8% |
| Advances received on contracts in progress | 46 | €193 | €543 | +€350 | +181.3% |
| Taxes, remuneration and social security | 45 | €19,543 | €31,617 | +€12,074 | +61.8% |
| Taxes | 450/3 | €17,302 | €22,922 | +€5,620 | +32.5% |
| Remuneration and social security | 454/9 | €2,241 | €8,695 | +€6,454 | +288.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €33,925 | €40,162 | +€6,237 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,420 | €4,681 | -€739 | -13.6% |
| Other operating charges | 640/8 | €4,576 | €4,835 | +€259 | +5.7% |
| Non-recurring operating charges | 66A | €27 | €10,654 | +€10,627 | +39359.3% |
| Gross operating margin | 9900 | €100,595 | €88,520 | -€12,075 | -12.0% |
| Operating profit (loss) | 9901 | €56,647 | €28,188 | -€28,459 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | €56,647 | €28,188 | -€28,459 | -50.2% |
| Income taxes | 67/77 | €15,000 | €7,892 | -€7,108 | -47.4% |
| Profit (loss) for the period | 9904 | €41,647 | €20,296 | -€21,351 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,647 | €20,296 | -€21,351 | -51.3% |
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 12 October 2026 via checked.be.