TBM PERFECT ISOL: 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.
TBM PERFECT ISOL
Largest movements
- Receivables within one year +€10,563
up €10,563 (+50.7%), from €20,854 to €31,417
of which Other amounts receivable: +€5,789
- Tangible fixed assets -€10,500
down €10,500 (-38.6%), from €27,173 to €16,673
- Cash -€559
down €559 (-9.7%), from €5,790 to €5,231
mainly Receivables within one year (-€10,563) and Debts after one year (-€4,140)
- Profit (loss) carried forward +€8,039
up €8,039 (+28.4%), from €28,347 to €36,386
- Debts after one year -€4,140
down €4,140 (-29.2%), from €14,162 to €10,021
- Current portion of long-term debt -€3,650
down €3,650 (-65.6%), from €5,563 to €1,913
- Trade debts -€745
down €745 (-100.0%), from €745 to €0
- Staff costs +€14,110
up €14,110 (+47.4%), from €29,756 to €43,866
- Gross operating margin +€10,350
up €10,350 (+18.5%), from €55,893 to €66,243
- Other operating charges -€3,425
down €3,425 (-67.1%), from €5,105 to €1,679
- Financial charges -€1,935
down €1,935 (-62.7%), from €3,088 to €1,153
- Taxes -€1,808
down €1,808 (-64.3%), from €2,813 to €1,005
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 | €53,817 | €53,321 | -€496 | -0.9% |
| Fixed assets | 21/28 | €27,173 | €16,673 | -€10,500 | -38.6% |
| Tangible fixed assets | 22/27 | €27,173 | €16,673 | -€10,500 | -38.6% |
| Furniture and vehicles | 24 | €27,173 | €16,673 | -€10,500 | -38.6% |
| Current assets | 29/58 | €26,644 | €36,648 | +€10,004 | +37.5% |
| Amounts receivable within one year | 40/41 | €20,854 | €31,417 | +€10,563 | +50.7% |
| Trade receivables | 40 | €13,041 | €17,816 | +€4,774 | +36.6% |
| Other amounts receivable | 41 | €7,812 | €13,601 | +€5,789 | +74.1% |
| Cash at bank and in hand | 54/58 | €5,790 | €5,231 | -€559 | -9.7% |
| Total equity and liabilities | 10/49 | €53,817 | €53,321 | -€496 | -0.9% |
| Equity | 10/15 | €33,347 | €41,386 | +€8,039 | +24.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,347 | €36,386 | +€8,039 | +28.4% |
| Amounts payable | 17/49 | €20,470 | €11,935 | -€8,535 | -41.7% |
| Amounts payable after more than one year | 17 | €14,162 | €10,021 | -€4,140 | -29.2% |
| Financial debts | 170/4 | €14,162 | €10,021 | -€4,140 | -29.2% |
| Amounts payable within one year | 42/48 | €6,308 | €1,914 | -€4,395 | -69.7% |
| Current portion of amounts payable after more than one year | 42 | €5,563 | €1,913 | -€3,650 | -65.6% |
| Trade debts | 44 | €745 | €0 | -€745 | -100.0% |
| Suppliers | 440/4 | €745 | €0 | -€745 | -100.0% |
| Remuneration, social security and pensions | 62 | €29,756 | €43,866 | +€14,110 | +47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,827 | €10,500 | +€673 | +6.8% |
| Other operating charges | 640/8 | €5,105 | €1,679 | -€3,425 | -67.1% |
| Gross operating margin | 9900 | €55,893 | €66,243 | +€10,350 | +18.5% |
| Operating profit (loss) | 9901 | €11,205 | €10,198 | -€1,007 | -9.0% |
| Financial charges | 65/66B | €3,088 | €1,153 | -€1,935 | -62.7% |
| Recurring financial charges | 65 | €3,088 | €1,153 | -€1,935 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | €8,117 | €9,044 | +€927 | +11.4% |
| Income taxes | 67/77 | €2,813 | €1,005 | -€1,808 | -64.3% |
| Profit (loss) for the period | 9904 | €5,304 | €8,039 | +€2,735 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,304 | €8,039 | +€2,735 | +51.6% |
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.