TeM Holding: 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.
TeM Holding
Largest movements
- Stocks and contracts +€10,000
up €10,000 (+2.6%), from €380,500 to €390,500
- Debts after one year +€12,150
up €12,150 (+6.8%), from €177,500 to €189,650
- Financial charges -€2,492
down €2,492 (-24.5%), from €10,166 to €7,674
- Gross operating margin -€2,101
down €2,101 (-20.3%), from €10,369 to €8,269
- Other operating charges +€1,027
new in 2025: €1,027
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €380,500 | €390,500 | +€10,000 | +2.6% |
| Current assets | 29/58 | €380,500 | €390,500 | +€10,000 | +2.6% |
| Stocks and contracts in progress | 3 | €380,500 | €390,500 | +€10,000 | +2.6% |
| Contracts in progress | 37 | €380,500 | €390,500 | +€10,000 | +2.6% |
| Total equity and liabilities | 10/49 | €380,500 | €390,500 | +€10,000 | +2.6% |
| Equity | 10/15 | €2,001 | €1,568 | -€433 | -21.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €355 | - | -€355 | |
| Distributable reserves | 133 | €355 | - | -€355 | |
| Profit (loss) carried forward | 14 | -€354 | -€432 | -€78 | -21.9% |
| Amounts payable | 17/49 | €378,499 | €388,932 | +€10,433 | +2.8% |
| Amounts payable after more than one year | 17 | €177,500 | €189,650 | +€12,150 | +6.8% |
| Financial debts | 170/4 | €177,500 | €189,650 | +€12,150 | +6.8% |
| Amounts payable within one year | 42/48 | €200,999 | €199,282 | -€1,717 | -0.9% |
| Financial debts | 43 | €200,393 | €198,206 | -€2,188 | -1.1% |
| Credit institutions | 430/8 | €200,393 | €198,206 | -€2,188 | -1.1% |
| Trade debts | 44 | €606 | €1,076 | +€471 | +77.6% |
| Suppliers | 440/4 | €606 | €1,076 | +€471 | +77.6% |
| Other operating charges | 640/8 | - | €1,027 | +€1,027 | |
| Gross operating margin | 9900 | €10,369 | €8,269 | -€2,101 | -20.3% |
| Operating profit (loss) | 9901 | €10,369 | €7,241 | -€3,128 | -30.2% |
| Financial charges | 65/66B | €10,166 | €7,674 | -€2,492 | -24.5% |
| Recurring financial charges | 65 | €10,166 | €7,674 | -€2,492 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €203 | -€433 | -€636 | |
| Profit (loss) for the period | 9904 | €203 | -€433 | -€636 | |
| Profit (loss) for the period to be appropriated | 9905 | €203 | -€433 | -€636 |
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 1 October 2026 via checked.be.