T&M SOW: 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 SOW
Largest movements
- Tangible fixed assets -€6,500
down €6,500 (-24.0%), from €27,083 to €20,583
- Cash +€2,780
up €2,780 (+5,915%), from €47 to €2,827
mainly Depreciation (+€6,500) and Trade debts (+€825)
- Other debts -€3,248
down €3,248 (-9.9%), from €32,793 to €29,545
- Profit (loss) carried forward -€1,260
down €1,260 (-13.4%), from -€9,401 to -€10,661
- Trade debts +€825
up €825 (+115%), from €718 to €1,543
- Gross operating margin +€11,090
up €11,090, from -€4,685 to €6,405
- Depreciation +€1,083
up €1,083 (+20.0%), from €5,417 to €6,500
- Other operating charges +€1,025
new in 2025: €1,025
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 | €27,130 | €23,447 | -€3,683 | -13.6% |
| Fixed assets | 21/28 | €27,083 | €20,583 | -€6,500 | -24.0% |
| Tangible fixed assets | 22/27 | €27,083 | €20,583 | -€6,500 | -24.0% |
| Furniture and vehicles | 24 | €27,083 | €20,583 | -€6,500 | -24.0% |
| Current assets | 29/58 | €47 | €2,864 | +€2,817 | +5,994% |
| Amounts receivable within one year | 40/41 | - | €37 | +€37 | |
| Other amounts receivable | 41 | - | €37 | +€37 | |
| Cash at bank and in hand | 54/58 | €47 | €2,827 | +€2,780 | +5,915% |
| Total equity and liabilities | 10/49 | €27,130 | €23,447 | -€3,683 | -13.6% |
| Equity | 10/15 | -€6,381 | -€7,641 | -€1,260 | -19.7% |
| Contributions | 10/11 | €3,020 | €3,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,401 | -€10,661 | -€1,260 | -13.4% |
| Amounts payable | 17/49 | €33,511 | €31,088 | -€2,423 | -7.2% |
| Amounts payable within one year | 42/48 | €33,511 | €31,088 | -€2,423 | -7.2% |
| Trade debts | 44 | €718 | €1,543 | +€825 | +115% |
| Suppliers | 440/4 | €718 | €1,543 | +€825 | +115% |
| Other amounts payable | 47/48 | €32,793 | €29,545 | -€3,248 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,417 | €6,500 | +€1,083 | +20.0% |
| Other operating charges | 640/8 | - | €1,025 | +€1,025 | |
| Gross operating margin | 9900 | -€4,685 | €6,405 | +€11,090 | |
| Operating profit (loss) | 9901 | -€10,102 | -€1,120 | +€8,982 | +88.9% |
| Financial charges | 65/66B | €142 | €140 | -€2 | -1.4% |
| Recurring financial charges | 65 | €142 | €140 | -€2 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,244 | -€1,260 | +€8,984 | +87.7% |
| Profit (loss) for the period | 9904 | -€10,244 | -€1,260 | +€8,984 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,244 | -€1,260 | +€8,984 | +87.7% |
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 19 October 2026 via checked.be.