TEMMERMAN & Co: 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 & Co
Largest movements
- Tangible fixed assets -€42,864
down €42,864 (-31.2%), from €137,535 to €94,671
of which Furniture and vehicles: -€43,501
- Receivables within one year +€18,659
up €18,659 (+311%), from €5,996 to €24,655
of which Trade receivables: +€21,110
- Cash +€3,780
up €3,780 (+62.1%), from €6,091 to €9,871
mainly Depreciation (+€63,403) and Other debts (+€5,150)
- Reserves -€26,345
down €26,345 (-72.2%), from €36,480 to €10,135
of which Distributable reserves: -€26,345
- Other debts +€5,150
up €5,150 (+8.3%), from €62,415 to €67,565
- Debts after one year -€4,826
down €4,826 (-36.0%), from €13,413 to €8,587
- Current portion of long-term debt +€4,579
up €4,579 (+29.7%), from €15,440 to €20,019
- Trade debts +€1,902
up €1,902 (+8.2%), from €23,270 to €25,172
- Gross operating margin -€12,057
down €12,057 (-23.1%), from €52,141 to €40,084
- Depreciation +€4,316
up €4,316 (+7.3%), from €59,087 to €63,403
- Other operating charges +€876
new in 2025: €876
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 | €157,215 | €137,893 | -€19,322 | -12.3% |
| Fixed assets | 21/28 | €137,535 | €94,671 | -€42,864 | -31.2% |
| Tangible fixed assets | 22/27 | €137,535 | €94,671 | -€42,864 | -31.2% |
| Land and buildings | 22 | €4,111 | €3,727 | -€384 | -9.3% |
| Plant, machinery and equipment | 23 | €8,818 | €9,839 | +€1,021 | +11.6% |
| Furniture and vehicles | 24 | €124,606 | €81,105 | -€43,501 | -34.9% |
| Current assets | 29/58 | €19,680 | €43,222 | +€23,542 | +120% |
| Stocks and contracts in progress | 3 | €4,870 | €6,200 | +€1,330 | +27.3% |
| Stocks | 30/36 | €4,870 | €6,200 | +€1,330 | +27.3% |
| Amounts receivable within one year | 40/41 | €5,996 | €24,655 | +€18,659 | +311% |
| Trade receivables | 40 | €3,545 | €24,655 | +€21,110 | +595% |
| Other amounts receivable | 41 | €2,451 | - | -€2,451 | |
| Cash at bank and in hand | 54/58 | €6,091 | €9,871 | +€3,780 | +62.1% |
| Deferred charges and accrued income | 490/1 | €2,723 | €2,496 | -€227 | -8.3% |
| Total equity and liabilities | 10/49 | €157,215 | €137,893 | -€19,322 | -12.3% |
| Equity | 10/15 | €42,677 | €16,332 | -€26,345 | -61.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €36,480 | €10,135 | -€26,345 | -72.2% |
| 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 | €34,621 | €8,276 | -€26,345 | -76.1% |
| Amounts payable | 17/49 | €114,538 | €121,561 | +€7,023 | +6.1% |
| Amounts payable after more than one year | 17 | €13,413 | €8,587 | -€4,826 | -36.0% |
| Financial debts | 170/4 | €13,413 | €8,587 | -€4,826 | -36.0% |
| Amounts payable within one year | 42/48 | €101,125 | €112,974 | +€11,849 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €15,440 | €20,019 | +€4,579 | +29.7% |
| Trade debts | 44 | €23,270 | €25,172 | +€1,902 | +8.2% |
| Suppliers | 440/4 | €23,270 | €25,172 | +€1,902 | +8.2% |
| Taxes, remuneration and social security | 45 | - | €218 | +€218 | |
| Taxes | 450/3 | - | €218 | +€218 | |
| Other amounts payable | 47/48 | €62,415 | €67,565 | +€5,150 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,087 | €63,403 | +€4,316 | +7.3% |
| Other operating charges | 640/8 | - | €876 | +€876 | |
| Gross operating margin | 9900 | €52,141 | €40,084 | -€12,057 | -23.1% |
| Operating profit (loss) | 9901 | -€6,946 | -€24,195 | -€17,249 | -248% |
| Financial charges | 65/66B | €2,410 | €2,150 | -€260 | -10.8% |
| Recurring financial charges | 65 | €2,410 | €2,150 | -€260 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,356 | -€26,345 | -€16,989 | -182% |
| Profit (loss) for the period | 9904 | -€9,356 | -€26,345 | -€16,989 | -182% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,356 | -€26,345 | -€16,989 | -182% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.