TDM Services: 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.
TDM Services
Largest movements
- Receivables within one year +€27,584
up €27,584 (+361.9%), from €7,622 to €35,207
of which Trade receivables: +€16,237
- Cash -€24,779
down €24,779 (-73.8%), from €33,554 to €8,775
mainly Receivables within one year (-€27,584) and Contributions, distributions and other (-€15,000)
- Tangible fixed assets -€4,465
down €4,465 (-25.2%), from €17,711 to €13,246
of which Furniture and vehicles: -€4,465
- Deferred charges and accrued income -€788
down €788 (-60.5%), from €1,303 to €515
- Other debts +€17,938
new in 2025: €17,938
- Profit (loss) carried forward -€16,643
down €16,643 (-41.5%), from €40,073 to €23,429
- Debts after one year -€3,091
down €3,091 (-85.5%), from €3,616 to €526
- Tax, wage and social debts -€1,982
down €1,982 (-43.5%), from €4,558 to €2,576
- Trade debts +€1,020
up €1,020 (+6640.2%), from €15 to €1,035
- Gross operating margin -€8,426
down €8,426 (-57.4%), from €14,684 to €6,257
- Taxes -€1,730
down €1,730 (-78.4%), from €2,207 to €477
- Financial charges -€1,630
down €1,630 (-81.8%), from €1,992 to €362
of which Non-recurring financial charges: -€1,369
- Other operating charges +€407
up €407 (+36.7%), from €1,109 to €1,516
- Depreciation +€149
up €149 (+2.7%), from €5,549 to €5,698
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 | €60,370 | €57,923 | -€2,448 | -4.1% |
| Fixed assets | 21/28 | €17,891 | €13,426 | -€4,465 | -25.0% |
| Tangible fixed assets | 22/27 | €17,711 | €13,246 | -€4,465 | -25.2% |
| Furniture and vehicles | 24 | €16,861 | €12,396 | -€4,465 | -26.5% |
| Other tangible fixed assets | 26 | €850 | €850 | = | 0.0% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €42,479 | €44,496 | +€2,017 | +4.7% |
| Amounts receivable within one year | 40/41 | €7,622 | €35,207 | +€27,584 | +361.9% |
| Trade receivables | 40 | €650 | €16,887 | +€16,237 | +2497.3% |
| Other amounts receivable | 41 | €6,972 | €18,320 | +€11,347 | +162.8% |
| Cash at bank and in hand | 54/58 | €33,554 | €8,775 | -€24,779 | -73.8% |
| Deferred charges and accrued income | 490/1 | €1,303 | €515 | -€788 | -60.5% |
| Total equity and liabilities | 10/49 | €60,370 | €57,923 | -€2,448 | -4.1% |
| Equity | 10/15 | €48,133 | €31,489 | -€16,643 | -34.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,073 | €23,429 | -€16,643 | -41.5% |
| Amounts payable | 17/49 | €12,238 | €26,433 | +€14,196 | +116.0% |
| Amounts payable after more than one year | 17 | €3,616 | €526 | -€3,091 | -85.5% |
| Financial debts | 170/4 | €3,616 | €526 | -€3,091 | -85.5% |
| Amounts payable within one year | 42/48 | €7,556 | €24,640 | +€17,084 | +226.1% |
| Current portion of amounts payable after more than one year | 42 | €2,983 | €3,091 | +€108 | +3.6% |
| Trade debts | 44 | €15 | €1,035 | +€1,020 | +6640.2% |
| Suppliers | 440/4 | €15 | €1,035 | +€1,020 | +6640.2% |
| Taxes, remuneration and social security | 45 | €4,558 | €2,576 | -€1,982 | -43.5% |
| Taxes | 450/3 | €4,558 | €2,576 | -€1,982 | -43.5% |
| Other amounts payable | 47/48 | - | €17,938 | +€17,938 | |
| Accrued charges and deferred income | 492/3 | €1,065 | €1,267 | +€202 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,549 | €5,698 | +€149 | +2.7% |
| Other operating charges | 640/8 | €1,109 | €1,516 | +€407 | +36.7% |
| Gross operating margin | 9900 | €14,684 | €6,257 | -€8,426 | -57.4% |
| Operating profit (loss) | 9901 | €8,025 | -€957 | -€8,983 | |
| Financial income | 75/76B | €164 | €153 | -€10 | -6.4% |
| Recurring financial income | 75 | €164 | €153 | -€10 | -6.4% |
| Financial charges | 65/66B | €1,992 | €362 | -€1,630 | -81.8% |
| Recurring financial charges | 65 | €623 | €362 | -€261 | -41.9% |
| Non-recurring financial charges | 66B | €1,369 | - | -€1,369 | |
| Profit (loss) for the period before taxes | 9903 | €6,197 | -€1,166 | -€7,363 | |
| Income taxes | 67/77 | €2,207 | €477 | -€1,730 | -78.4% |
| Profit (loss) for the period | 9904 | €3,990 | -€1,643 | -€5,633 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,990 | -€1,643 | -€5,633 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.