TEM Consulting: 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.
TEM Consulting
Largest movements
- Financial fixed assets -€73,921
down €73,921 (-71.1%), from €104,000 to €30,079
- Tangible fixed assets -€25,642
down €25,642 (-3.2%), from €799,330 to €773,689
of which Land and buildings: -€26,030
- Current investments +€21,381
up €21,381 (+4.0%), from €533,577 to €554,958
- Cash +€16,381
up €16,381 (+20.9%), from €78,424 to €94,806
mainly Investment in fixed assets (net) (+€67,173) and Depreciation (+€32,389)
- Short-term financial debts -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
- Debts after one year -€31,024
down €31,024 (-7.9%), from €393,358 to €362,335
- Profit (loss) carried forward +€25,958
up €25,958 (+3.2%), from €820,687 to €846,644
- Financial charges -€107,778
down €107,778 (-67.9%), from €158,777 to €51,000
of which Financial charges: -€121,698
- Financial income +€52,871
up €52,871 (+72.7%), from €72,770 to €125,641
of which Financial income: +€53,771
- Write-downs +€40,000
new in 2025: €40,000
- Gross operating margin +€39,260
up €39,260 (+116%), from €33,790 to €73,051
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 | €1,515,497 | €1,461,538 | -€53,959 | -3.6% |
| Fixed assets | 21/28 | €903,330 | €803,768 | -€99,562 | -11.0% |
| Tangible fixed assets | 22/27 | €799,330 | €773,689 | -€25,642 | -3.2% |
| Land and buildings | 22 | €797,083 | €771,053 | -€26,030 | -3.3% |
| Plant, machinery and equipment | 23 | €2,247 | €1,678 | -€569 | -25.3% |
| Furniture and vehicles | 24 | - | €958 | +€958 | |
| Financial fixed assets | 28 | €104,000 | €30,079 | -€73,921 | -71.1% |
| Current assets | 29/58 | €612,167 | €657,770 | +€45,603 | +7.4% |
| Amounts receivable within one year | 40/41 | €166 | €8,007 | +€7,841 | +4,733% |
| Other amounts receivable | 41 | €166 | €8,007 | +€7,841 | +4,733% |
| Current investments | 50/53 | €533,577 | €554,958 | +€21,381 | +4.0% |
| Cash at bank and in hand | 54/58 | €78,424 | €94,806 | +€16,381 | +20.9% |
| Total equity and liabilities | 10/49 | €1,515,497 | €1,461,538 | -€53,959 | -3.6% |
| Equity | 10/15 | €841,147 | €867,104 | +€25,958 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €820,687 | €846,644 | +€25,958 | +3.2% |
| Amounts payable | 17/49 | €674,350 | €594,434 | -€79,916 | -11.9% |
| Amounts payable after more than one year | 17 | €393,358 | €362,335 | -€31,024 | -7.9% |
| Financial debts | 170/4 | €393,358 | €362,335 | -€31,024 | -7.9% |
| Amounts payable within one year | 42/48 | €280,992 | €232,099 | -€48,893 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €30,507 | €31,024 | +€517 | +1.7% |
| Financial debts | 43 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Credit institutions | 430/8 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Trade debts | 44 | €152 | €751 | +€599 | +395% |
| Suppliers | 440/4 | €152 | €751 | +€599 | +395% |
| Taxes, remuneration and social security | 45 | €100 | €91 | -€9 | -8.5% |
| Taxes | 450/3 | €100 | €91 | -€9 | -8.5% |
| Other amounts payable | 47/48 | €233 | €233 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,227 | €32,389 | +€162 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €40,000 | +€40,000 | |
| Other operating charges | 640/8 | €6,368 | €6,547 | +€178 | +2.8% |
| Non-recurring operating charges | 66A | €900 | €42,799 | +€41,899 | +4,655% |
| Gross operating margin | 9900 | €33,790 | €73,051 | +€39,260 | +116% |
| Operating profit (loss) | 9901 | -€5,705 | -€48,684 | -€42,978 | -753% |
| Financial income | 75/76B | €72,770 | €125,641 | +€52,871 | +72.7% |
| Recurring financial income | 75 | €71,870 | €125,641 | +€53,771 | +74.8% |
| Non-recurring financial income | 76B | €900 | €0 | -€900 | -100% |
| Financial charges | 65/66B | €158,777 | €51,000 | -€107,778 | -67.9% |
| Recurring financial charges | 65 | €148,777 | €27,079 | -€121,698 | -81.8% |
| Non-recurring financial charges | 66B | €10,000 | €23,921 | +€13,921 | +139% |
| Profit (loss) for the period before taxes | 9903 | -€91,713 | €25,958 | +€117,670 | |
| Income taxes | 67/77 | -€648 | €0 | +€648 | |
| Profit (loss) for the period | 9904 | -€91,065 | €25,958 | +€117,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€91,065 | €25,958 | +€117,023 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.