Temmerman Andy: 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.
Temmerman Andy
Largest movements
- Current investments +€44,325
up €44,325 (+8.6%), from €517,125 to €561,450
- Tangible fixed assets -€29,232
down €29,232 (-5.5%), from €526,865 to €497,633
of which Land and buildings: -€26,557
- Receivables within one year -€17,539
down €17,539 (-38.1%), from €46,014 to €28,475
of which Trade receivables: -€20,954
- Reserves +€36,887
up €36,887 (+4.2%), from €870,936 to €907,823
of which Distributable reserves: +€36,887
- Debts after one year -€36,285
down €36,285 (-17.0%), from €213,487 to €177,202
- Gross operating margin +€79,058
up €79,058 (+50.5%), from €156,575 to €235,633
- Taxes +€25,366
up €25,366 (+72.7%), from €34,903 to €60,270
- Financial charges -€6,580
down €6,580 (-34.9%), from €18,859 to €12,279
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 | €1,171,150 | €1,172,454 | +€1,304 | +0.1% |
| Fixed assets | 21/28 | €528,665 | €499,433 | -€29,232 | -5.5% |
| Tangible fixed assets | 22/27 | €526,865 | €497,633 | -€29,232 | -5.5% |
| Land and buildings | 22 | €510,775 | €484,218 | -€26,557 | -5.2% |
| Plant, machinery and equipment | 23 | €8,654 | €8,232 | -€422 | -4.9% |
| Furniture and vehicles | 24 | €7,436 | €5,183 | -€2,253 | -30.3% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €642,485 | €673,021 | +€30,536 | +4.8% |
| Amounts receivable within one year | 40/41 | €46,014 | €28,475 | -€17,539 | -38.1% |
| Trade receivables | 40 | €44,814 | €23,860 | -€20,954 | -46.8% |
| Other amounts receivable | 41 | €1,201 | €4,616 | +€3,415 | +284% |
| Current investments | 50/53 | €517,125 | €561,450 | +€44,325 | +8.6% |
| Cash at bank and in hand | 54/58 | €77,113 | €80,517 | +€3,404 | +4.4% |
| Deferred charges and accrued income | 490/1 | €2,232 | €2,578 | +€346 | +15.5% |
| Total equity and liabilities | 10/49 | €1,171,150 | €1,172,454 | +€1,304 | +0.1% |
| Equity | 10/15 | €893,310 | €930,197 | +€36,887 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €870,936 | €907,823 | +€36,887 | +4.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €46,310 | €46,310 | = | 0.0% |
| Distributable reserves | 133 | €822,766 | €859,653 | +€36,887 | +4.5% |
| Profit (loss) carried forward | 14 | €16,174 | €16,174 | = | 0.0% |
| Amounts payable | 17/49 | €277,840 | €242,257 | -€35,583 | -12.8% |
| Amounts payable after more than one year | 17 | €213,487 | €177,202 | -€36,285 | -17.0% |
| Financial debts | 170/4 | €213,487 | €177,202 | -€36,285 | -17.0% |
| Amounts payable within one year | 42/48 | €64,352 | €65,054 | +€702 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €45,359 | €36,285 | -€9,074 | -20.0% |
| Trade debts | 44 | €3,143 | €3,139 | -€4 | -0.1% |
| Suppliers | 440/4 | €3,143 | €3,139 | -€4 | -0.1% |
| Taxes, remuneration and social security | 45 | €15,410 | €25,191 | +€9,781 | +63.5% |
| Taxes | 450/3 | €15,410 | €25,191 | +€9,781 | +63.5% |
| Other amounts payable | 47/48 | €440 | €440 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,299 | €36,798 | -€1,501 | -3.9% |
| Other operating charges | 640/8 | €5,403 | €3,168 | -€2,235 | -41.4% |
| Gross operating margin | 9900 | €156,575 | €235,633 | +€79,058 | +50.5% |
| Operating profit (loss) | 9901 | €112,873 | €195,667 | +€82,794 | +73.4% |
| Financial income | 75/76B | €1,384 | €263 | -€1,121 | -81.0% |
| Recurring financial income | 75 | €1,384 | €263 | -€1,121 | -81.0% |
| Financial charges | 65/66B | €18,859 | €12,279 | -€6,580 | -34.9% |
| Recurring financial charges | 65 | €18,859 | €12,279 | -€6,580 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €95,399 | €183,651 | +€88,252 | +92.5% |
| Income taxes | 67/77 | €34,903 | €60,270 | +€25,366 | +72.7% |
| Profit (loss) for the period | 9904 | €60,495 | €123,381 | +€62,886 | +104% |
| Transfer to tax-exempt reserves | 689 | €46,310 | - | -€46,310 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,185 | €123,381 | +€109,196 | +770% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.