TBM ELECTRO: 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.
TBM ELECTRO
Largest movements
- Stocks and contracts -€5,050
down €5,050 (-6.3%), from €79,758 to €74,708
- Other debts -€8,951
down €8,951 (-21.3%), from €41,992 to €33,041
- Advances received +€2,465
new in 2025: €2,465
- Tax, wage and social debts +€1,049
up €1,049 (+409.2%), from €256 to €1,306
of which Taxes: +€867
- Profit (loss) carried forward +€1,027
up €1,027 (+1.1%), from -€97,691 to -€96,664
- Trade debts +€864
up €864 (+12.4%), from €6,982 to €7,846
- Purchases and services +€23,202
new in 2025: €23,202
- Turnover +€4,351
up €4,351 (+19.4%), from €22,427 to €26,778
- Gross operating margin +€3,004
up €3,004 (+525.4%), from €572 to €3,576
- Other operating charges +€1,459
up €1,459 (+340.5%), from €429 to €1,888
- Staff costs +€568
new in 2025: €568
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 | €80,520 | €76,974 | -€3,546 | -4.4% |
| Fixed assets | 21/28 | €79 | €79 | = | 0.0% |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €80,441 | €76,895 | -€3,546 | -4.4% |
| Stocks and contracts in progress | 3 | €79,758 | €74,708 | -€5,050 | -6.3% |
| Stocks | 30/36 | €79,758 | €74,708 | -€5,050 | -6.3% |
| Amounts receivable within one year | 40/41 | €596 | €1,264 | +€668 | +111.9% |
| Trade receivables | 40 | - | €1,264 | +€1,264 | |
| Other amounts receivable | 41 | €596 | - | -€596 | |
| Current investments | 50/53 | - | €788 | +€788 | |
| Cash at bank and in hand | 54/58 | €86 | - | -€86 | |
| Deferred charges and accrued income | 490/1 | - | €135 | +€135 | |
| Total equity and liabilities | 10/49 | €80,520 | €76,974 | -€3,546 | -4.4% |
| Equity | 10/15 | -€71,141 | -€70,114 | +€1,027 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,950 | €7,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €700 | €700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €700 | €700 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,250 | €7,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,691 | -€96,664 | +€1,027 | +1.1% |
| Amounts payable | 17/49 | €151,661 | €147,088 | -€4,573 | -3.0% |
| Amounts payable after more than one year | 17 | €102,430 | €102,430 | = | 0.0% |
| Financial debts | 170/4 | €102,430 | €102,430 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,231 | €44,658 | -€4,573 | -9.3% |
| Trade debts | 44 | €6,982 | €7,846 | +€864 | +12.4% |
| Suppliers | 440/4 | €6,982 | €7,846 | +€864 | +12.4% |
| Advances received on contracts in progress | 46 | - | €2,465 | +€2,465 | |
| Taxes, remuneration and social security | 45 | €256 | €1,306 | +€1,049 | +409.2% |
| Taxes | 450/3 | - | €867 | +€867 | |
| Remuneration and social security | 454/9 | €256 | €439 | +€182 | +71.2% |
| Other amounts payable | 47/48 | €41,992 | €33,041 | -€8,951 | -21.3% |
| Turnover | 70 | €22,427 | €26,778 | +€4,351 | +19.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €23,202 | +€23,202 | |
| Remuneration, social security and pensions | 62 | - | €568 | +€568 | |
| Other operating charges | 640/8 | €429 | €1,888 | +€1,459 | +340.5% |
| Gross operating margin | 9900 | €572 | €3,576 | +€3,004 | +525.4% |
| Operating profit (loss) | 9901 | €143 | €1,119 | +€976 | +681.9% |
| Financial charges | 65/66B | €101 | €92 | -€9 | -8.7% |
| Recurring financial charges | 65 | €101 | €92 | -€9 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €42 | €1,027 | +€985 | +2322.7% |
| Profit (loss) for the period | 9904 | €42 | €1,027 | +€985 | +2322.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42 | €1,027 | +€985 | +2322.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.