Tembo: 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.
Tembo
Largest movements
- Cash +€904
up €904 (+22.2%), from €4,073 to €4,976
mainly Other debts (+€23,905) and Trade debts (+€1,620)
- Tangible fixed assets -€497
down €497 (-49.4%), from €1,006 to €509
- Receivables within one year -€299
no longer reported in 2024 (was €299)
- Other debts +€23,905
up €23,905 (+26.3%), from €90,774 to €114,679
- Profit (loss) carried forward -€19,748
down €19,748 (-15.9%), from -€124,371 to -€144,119
- Tax, wage and social debts -€5,669
down €5,669 (-45.7%), from €12,407 to €6,737
of which Remuneration and social security: -€4,284
- Trade debts +€1,620
up €1,620 (+201.0%), from €806 to €2,426
- Gross operating margin +€8,481
up €8,481 (+35.7%), from -€23,735 to -€15,254
- Staff costs +€1,309
up €1,309 (+243.7%), from €537 to €1,846
- Other operating charges +€1,051
up €1,051 (+134.2%), from €783 to €1,834
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,043 | €14,150 | +€108 | +0.8% |
| Fixed assets | 21/28 | €9,671 | €9,174 | -€497 | -5.1% |
| Tangible fixed assets | 22/27 | €1,006 | €509 | -€497 | -49.4% |
| Furniture and vehicles | 24 | €1,006 | €509 | -€497 | -49.4% |
| Financial fixed assets | 28 | €8,665 | €8,665 | = | 0.0% |
| Current assets | 29/58 | €4,372 | €4,976 | +€605 | +13.8% |
| Amounts receivable within one year | 40/41 | €299 | - | -€299 | |
| Trade receivables | 40 | €299 | - | -€299 | |
| Cash at bank and in hand | 54/58 | €4,073 | €4,976 | +€904 | +22.2% |
| Total equity and liabilities | 10/49 | €14,043 | €14,150 | +€108 | +0.8% |
| Equity | 10/15 | -€89,944 | -€109,692 | -€19,748 | -22.0% |
| Contributions | 10/11 | €25,392 | €25,392 | = | 0.0% |
| Reserves | 13 | €9,035 | €9,035 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €7,176 | €7,176 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,371 | -€144,119 | -€19,748 | -15.9% |
| Amounts payable | 17/49 | €103,987 | €123,842 | +€19,856 | +19.1% |
| Amounts payable within one year | 42/48 | €103,987 | €123,842 | +€19,856 | +19.1% |
| Trade debts | 44 | €806 | €2,426 | +€1,620 | +201.0% |
| Suppliers | 440/4 | €806 | €2,426 | +€1,620 | +201.0% |
| Taxes, remuneration and social security | 45 | €12,407 | €6,737 | -€5,669 | -45.7% |
| Taxes | 450/3 | €4,163 | €2,777 | -€1,386 | -33.3% |
| Remuneration and social security | 454/9 | €8,244 | €3,960 | -€4,284 | -52.0% |
| Other amounts payable | 47/48 | €90,774 | €114,679 | +€23,905 | +26.3% |
| Remuneration, social security and pensions | 62 | €537 | €1,846 | +€1,309 | +243.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €497 | +€12 | +2.5% |
| Other operating charges | 640/8 | €783 | €1,834 | +€1,051 | +134.2% |
| Gross operating margin | 9900 | -€23,735 | -€15,254 | +€8,481 | +35.7% |
| Operating profit (loss) | 9901 | -€25,540 | -€19,430 | +€6,109 | +23.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €198 | €321 | +€122 | +61.7% |
| Recurring financial charges | 65 | €198 | €321 | +€122 | +61.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,738 | -€19,748 | +€5,990 | +23.3% |
| Profit (loss) for the period | 9904 | -€25,738 | -€19,748 | +€5,990 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,738 | -€19,748 | +€5,990 | +23.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.