TEMAVE: 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.
TEMAVE
Largest movements
- Cash -€27,453
down €27,453 (-74.2%), from €37,004 to €9,552
mainly Other debts (-€34,439) and Debts after one year (-€23,358)
- Reserves +€46,876
up €46,876 (+95.1%), from €49,297 to €96,173
- Other debts -€34,439
down €34,439 (-92.9%), from €37,086 to €2,647
- Debts after one year -€23,358
down €23,358 (-15.9%), from €146,610 to €123,252
- Tax, wage and social debts -€14,164
down €14,164 (-64.5%), from €21,969 to €7,805
of which Taxes: -€14,164
- Financial income +€35,000
new in 2025: €35,000
- Gross operating margin -€16,869
down €16,869 (-46.7%), from €36,107 to €19,238
- Taxes -€3,554
down €3,554 (-53.2%), from €6,674 to €3,120
- Financial charges -€1,562
down €1,562 (-28.1%), from €5,566 to €4,004
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 | €295,004 | €269,812 | -€25,193 | -8.5% |
| Fixed assets | 21/28 | €250,000 | €250,000 | = | 0.0% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €45,004 | €19,812 | -€25,193 | -56.0% |
| Amounts receivable within one year | 40/41 | €8,000 | €10,260 | +€2,260 | +28.3% |
| Trade receivables | 40 | - | €7,260 | +€7,260 | |
| Other amounts receivable | 41 | €8,000 | €3,000 | -€5,000 | -62.5% |
| Cash at bank and in hand | 54/58 | €37,004 | €9,552 | -€27,453 | -74.2% |
| Total equity and liabilities | 10/49 | €295,004 | €269,812 | -€25,193 | -8.5% |
| Equity | 10/15 | €69,297 | €116,173 | +€46,876 | +67.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €49,297 | €96,173 | +€46,876 | +95.1% |
| Distributable reserves | 133 | €49,297 | €96,173 | +€46,876 | +95.1% |
| Amounts payable | 17/49 | €225,708 | €153,638 | -€72,069 | -31.9% |
| Amounts payable after more than one year | 17 | €146,610 | €123,252 | -€23,358 | -15.9% |
| Financial debts | 170/4 | €146,610 | €123,252 | -€23,358 | -15.9% |
| Amounts payable within one year | 42/48 | €77,304 | €29,784 | -€47,520 | -61.5% |
| Current portion of amounts payable after more than one year | 42 | €17,825 | €18,358 | +€533 | +3.0% |
| Trade debts | 44 | €425 | €974 | +€549 | +129% |
| Suppliers | 440/4 | €425 | €974 | +€549 | +129% |
| Taxes, remuneration and social security | 45 | €21,969 | €7,805 | -€14,164 | -64.5% |
| Taxes | 450/3 | €19,769 | €5,605 | -€14,164 | -71.6% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €37,086 | €2,647 | -€34,439 | -92.9% |
| Accrued charges and deferred income | 492/3 | €1,794 | €603 | -€1,191 | -66.4% |
| Other operating charges | 640/8 | - | €238 | +€238 | |
| Gross operating margin | 9900 | €36,107 | €19,238 | -€16,869 | -46.7% |
| Operating profit (loss) | 9901 | €36,107 | €19,000 | -€17,107 | -47.4% |
| Financial income | 75/76B | - | €35,000 | +€35,000 | |
| Recurring financial income | 75 | - | €35,000 | +€35,000 | |
| Financial charges | 65/66B | €5,566 | €4,004 | -€1,562 | -28.1% |
| Recurring financial charges | 65 | €5,566 | €4,004 | -€1,562 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €30,541 | €49,997 | +€19,456 | +63.7% |
| Income taxes | 67/77 | €6,674 | €3,120 | -€3,554 | -53.2% |
| Profit (loss) for the period | 9904 | €23,867 | €46,876 | +€23,010 | +96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,867 | €46,876 | +€23,010 | +96.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.