TEMAREL: 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.
TEMAREL
Largest movements
- Tangible fixed assets +€23,412
up €23,412 (+671.3%), from €3,488 to €26,900
of which Furniture and vehicles: +€23,412
- Receivables within one year -€12,236
down €12,236 (-100.0%), from €12,236 to €0
of which Trade receivables: -€10,485
- Cash +€11,384
up €11,384 (+162.0%), from €7,026 to €18,410
mainly Receivables within one year (+€12,236) and Net result for the year (+€12,164)
- Stocks and contracts -€500
down €500 (-100.0%), from €500 to €0
- Profit (loss) carried forward +€7,303
up €7,303, from -€7,303 to €0
- Debts after one year +€5,659
new in 2025: €5,659
- Reserves +€4,861
up €4,861, from €0 to €4,861
- Current portion of long-term debt +€4,028
up €4,028, from €0 to €4,028
- Tax, wage and social debts +€3,465
up €3,465 (+140.1%), from €2,472 to €5,937
of which Taxes: +€3,465
- Financial charges +€513
up €513 (+358.1%), from €143 to €656
- Other operating charges +€419
up €419 (+19.6%), from €2,141 to €2,560
- Gross operating margin +€410
up €410 (+1.7%), from €24,241 to €24,652
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 | €24,326 | €46,583 | +€22,257 | +91.5% |
| Fixed assets | 21/28 | €3,488 | €26,900 | +€23,412 | +671.3% |
| Tangible fixed assets | 22/27 | €3,488 | €26,900 | +€23,412 | +671.3% |
| Furniture and vehicles | 24 | €3,488 | €26,900 | +€23,412 | +671.3% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €20,838 | €19,683 | -€1,155 | -5.5% |
| Stocks and contracts in progress | 3 | €500 | €0 | -€500 | -100.0% |
| Contracts in progress | 37 | €500 | €0 | -€500 | -100.0% |
| Amounts receivable within one year | 40/41 | €12,236 | €0 | -€12,236 | -100.0% |
| Trade receivables | 40 | €10,485 | €0 | -€10,485 | -100.0% |
| Other amounts receivable | 41 | €1,751 | €0 | -€1,751 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,026 | €18,410 | +€11,384 | +162.0% |
| Deferred charges and accrued income | 490/1 | €1,076 | €1,273 | +€197 | +18.3% |
| Total equity and liabilities | 10/49 | €24,326 | €46,583 | +€22,257 | +91.5% |
| Equity | 10/15 | €5,397 | €17,561 | +€12,164 | +225.4% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Reserves | 13 | €0 | €4,861 | +€4,861 | |
| Distributable reserves | 133 | €0 | €4,861 | +€4,861 | |
| Profit (loss) carried forward | 14 | -€7,303 | €0 | +€7,303 | |
| Amounts payable | 17/49 | €18,929 | €29,022 | +€10,093 | +53.3% |
| Amounts payable after more than one year | 17 | - | €5,659 | +€5,659 | |
| Financial debts | 170/4 | - | €5,659 | +€5,659 | |
| Amounts payable within one year | 42/48 | €18,920 | €23,354 | +€4,434 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €4,028 | +€4,028 | |
| Trade debts | 44 | €8,045 | €4,590 | -€3,455 | -42.9% |
| Suppliers | 440/4 | €8,045 | €4,590 | -€3,455 | -42.9% |
| Taxes, remuneration and social security | 45 | €2,472 | €5,937 | +€3,465 | +140.1% |
| Taxes | 450/3 | €2,472 | €5,937 | +€3,465 | +140.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,403 | €8,800 | +€396 | +4.7% |
| Accrued charges and deferred income | 492/3 | €8 | €9 | +€0 | +2.0% |
| Non-recurring operating income | 76A | - | €15,000 | +€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,640 | €6,724 | +€84 | +1.3% |
| Other operating charges | 640/8 | €2,141 | €2,560 | +€419 | +19.6% |
| Gross operating margin | 9900 | €24,241 | €24,652 | +€410 | +1.7% |
| Operating profit (loss) | 9901 | €15,461 | €15,368 | -€93 | -0.6% |
| Financial income | 75/76B | €1 | €1 | -€0 | -34.4% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -34.4% |
| Financial charges | 65/66B | €143 | €656 | +€513 | +358.1% |
| Recurring financial charges | 65 | €143 | €656 | +€513 | +358.1% |
| Profit (loss) for the period before taxes | 9903 | €15,319 | €14,713 | -€606 | -4.0% |
| Income taxes | 67/77 | €2,354 | €2,549 | +€195 | +8.3% |
| Profit (loss) for the period | 9904 | €12,965 | €12,164 | -€801 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,965 | €12,164 | -€801 | -6.2% |
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 6 October 2026 via checked.be.