TEMAPAIN: 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.
TEMAPAIN
Largest movements
- Tangible fixed assets -€79,197
down €79,197 (-17.8%), from €445,883 to €366,687
- Deferred charges and accrued income -€24,383
down €24,383 (-39.6%), from €61,631 to €37,249
- Receivables within one year +€22,260
up €22,260 (+11.9%), from €186,439 to €208,699
of which Trade receivables: +€17,127
- Stocks and contracts -€16,377
down €16,377 (-17.9%), from €91,632 to €75,255
- Cash -€13,115
down €13,115 (-16.6%), from €78,868 to €65,753
mainly Trade debts (-€147,279) and Net result for the year (-€66,858)
- Trade debts -€147,279
down €147,279 (-77.6%), from €189,854 to €42,575
- Debts after one year -€36,834
down €36,834 (-7.7%), from €477,593 to €440,759
of which Financial debts: -€36,410
- Tax, wage and social debts +€27,764
up €27,764 (+33.3%), from €83,391 to €111,155
of which Remuneration and social security: +€14,670
- Short-term financial debts +€27,479
up €27,479 (+51.9%), from €52,917 to €80,396
- Other debts +€15,000
new in 2025: €15,000
- Staff costs -€47,960
down €47,960 (-7.8%), from €616,581 to €568,621
- Depreciation -€11,944
down €11,944 (-11.7%), from €102,079 to €90,135
- Gross operating margin -€11,359
down €11,359 (-1.8%), from €623,509 to €612,150
- Other operating charges -€6,351
down €6,351 (-52.5%), from €12,104 to €5,753
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 | €873,049 | €761,353 | -€111,697 | -12.8% |
| Fixed assets | 21/28 | €454,479 | €374,397 | -€80,082 | -17.6% |
| Intangible fixed assets | 21 | €1,900 | €1,015 | -€885 | -46.6% |
| Tangible fixed assets | 22/27 | €445,883 | €366,687 | -€79,197 | -17.8% |
| Plant, machinery and equipment | 23 | €151,668 | €116,347 | -€35,321 | -23.3% |
| Furniture and vehicles | 24 | €19,548 | €13,313 | -€6,234 | -31.9% |
| Other tangible fixed assets | 26 | €274,667 | €237,026 | -€37,641 | -13.7% |
| Financial fixed assets | 28 | €6,695 | €6,695 | = | 0.0% |
| Current assets | 29/58 | €418,571 | €386,956 | -€31,615 | -7.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €91,632 | €75,255 | -€16,377 | -17.9% |
| Stocks | 30/36 | €91,632 | €75,255 | -€16,377 | -17.9% |
| Amounts receivable within one year | 40/41 | €186,439 | €208,699 | +€22,260 | +11.9% |
| Trade receivables | 40 | €186,337 | €203,464 | +€17,127 | +9.2% |
| Other amounts receivable | 41 | €102 | €5,235 | +€5,133 | +5026.1% |
| Cash at bank and in hand | 54/58 | €78,868 | €65,753 | -€13,115 | -16.6% |
| Deferred charges and accrued income | 490/1 | €61,631 | €37,249 | -€24,383 | -39.6% |
| Total equity and liabilities | 10/49 | €873,049 | €761,353 | -€111,697 | -12.8% |
| Equity | 10/15 | €28,478 | €31,619 | +€3,142 | +11.0% |
| Contributions | 10/11 | €20,900 | €20,900 | = | 0.0% |
| Reserves | 13 | €11,240 | €11,240 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,240 | €11,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,662 | -€521 | +€3,142 | +85.8% |
| Amounts payable | 17/49 | €844,571 | €729,733 | -€114,838 | -13.6% |
| Amounts payable after more than one year | 17 | €477,593 | €440,759 | -€36,834 | -7.7% |
| Financial debts | 170/4 | €252,649 | €216,239 | -€36,410 | -14.4% |
| Other amounts payable | 178/9 | €224,944 | €224,520 | -€423 | -0.2% |
| Amounts payable within one year | 42/48 | €365,767 | €288,974 | -€76,793 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €39,605 | €39,849 | +€243 | +0.6% |
| Financial debts | 43 | €52,917 | €80,396 | +€27,479 | +51.9% |
| Credit institutions | 430/8 | €52,917 | €80,396 | +€27,479 | +51.9% |
| Trade debts | 44 | €189,854 | €42,575 | -€147,279 | -77.6% |
| Suppliers | 440/4 | €189,854 | €42,575 | -€147,279 | -77.6% |
| Taxes, remuneration and social security | 45 | €83,391 | €111,155 | +€27,764 | +33.3% |
| Taxes | 450/3 | €6,050 | €19,144 | +€13,094 | +216.4% |
| Remuneration and social security | 454/9 | €77,341 | €92,011 | +€14,670 | +19.0% |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Accrued charges and deferred income | 492/3 | €1,212 | €0 | -€1,212 | -100.0% |
| Remuneration, social security and pensions | 62 | €616,581 | €568,621 | -€47,960 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,079 | €90,135 | -€11,944 | -11.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €594 | €0 | -€594 | -100.0% |
| Other operating charges | 640/8 | €12,104 | €5,753 | -€6,351 | -52.5% |
| Gross operating margin | 9900 | €623,509 | €612,150 | -€11,359 | -1.8% |
| Operating profit (loss) | 9901 | -€107,848 | -€52,359 | +€55,489 | +51.5% |
| Financial income | 75/76B | €11 | €120 | +€109 | +961.9% |
| Recurring financial income | 75 | €11 | €120 | +€109 | +961.9% |
| Financial charges | 65/66B | €17,130 | €14,344 | -€2,786 | -16.3% |
| Recurring financial charges | 65 | €17,130 | €14,344 | -€2,786 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€124,966 | -€66,583 | +€58,384 | +46.7% |
| Income taxes | 67/77 | €242 | €276 | +€34 | +13.8% |
| Profit (loss) for the period | 9904 | -€125,209 | -€66,858 | +€58,350 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€125,209 | -€66,858 | +€58,350 | +46.6% |
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.