TEMMERMAN HOLDING: 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 HOLDING
Largest movements
- Cash +€12,045
up €12,045 (+54.2%), from €22,233 to €34,278
mainly Tax, wage and social debts (+€12,943) and Receivables within one year (+€6,978)
- Stocks and contracts +€10,597
up €10,597 (+28.9%), from €36,651 to €47,248
- Receivables within one year -€6,978
down €6,978 (-18.5%), from €37,776 to €30,798
- Tangible fixed assets -€1,213
down €1,213 (-46.9%), from €2,587 to €1,374
of which Plant, machinery and equipment: -€990
- Tax, wage and social debts +€12,943
up €12,943 (+32,448%), from €40 to €12,983
of which Remuneration and social security: +€12,000
- Other debts -€4,284
down €4,284 (-4.4%), from €98,175 to €93,891
- Profit (loss) carried forward +€3,321
up €3,321 (+24.3%), from -€13,683 to -€10,362
- Trade debts +€1,510
up €1,510 (+10.7%), from €14,130 to €15,640
- Write-downs +€6,724
new in 2025: €6,724
- Gross operating margin +€1,369
up €1,369 (+12.8%), from €10,691 to €12,060
- Taxes +€166
new in 2025: €166
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 | €99,854 | €113,753 | +€13,898 | +13.9% |
| Fixed assets | 21/28 | €2,642 | €1,429 | -€1,213 | -45.9% |
| Tangible fixed assets | 22/27 | €2,587 | €1,374 | -€1,213 | -46.9% |
| Plant, machinery and equipment | 23 | €2,118 | €1,128 | -€990 | -46.7% |
| Furniture and vehicles | 24 | €469 | €246 | -€223 | -47.5% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €97,212 | €112,324 | +€15,111 | +15.5% |
| Stocks and contracts in progress | 3 | €36,651 | €47,248 | +€10,597 | +28.9% |
| Stocks | 30/36 | €36,651 | €47,248 | +€10,597 | +28.9% |
| Amounts receivable within one year | 40/41 | €37,776 | €30,798 | -€6,978 | -18.5% |
| Trade receivables | 40 | €37,776 | €30,798 | -€6,978 | -18.5% |
| Cash at bank and in hand | 54/58 | €22,233 | €34,278 | +€12,045 | +54.2% |
| Deferred charges and accrued income | 490/1 | €552 | - | -€552 | |
| Total equity and liabilities | 10/49 | €99,854 | €113,753 | +€13,898 | +13.9% |
| Equity | 10/15 | -€12,683 | -€9,362 | +€3,321 | +26.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,683 | -€10,362 | +€3,321 | +24.3% |
| Amounts payable | 17/49 | €112,538 | €123,115 | +€10,577 | +9.4% |
| Amounts payable within one year | 42/48 | €112,345 | €122,515 | +€10,170 | +9.1% |
| Trade debts | 44 | €14,130 | €15,640 | +€1,510 | +10.7% |
| Suppliers | 440/4 | €14,130 | €15,640 | +€1,510 | +10.7% |
| Taxes, remuneration and social security | 45 | €40 | €12,983 | +€12,943 | +32,448% |
| Taxes | 450/3 | €40 | €983 | +€943 | +2,365% |
| Remuneration and social security | 454/9 | - | €12,000 | +€12,000 | |
| Other amounts payable | 47/48 | €98,175 | €93,891 | -€4,284 | -4.4% |
| Accrued charges and deferred income | 492/3 | €193 | €600 | +€407 | +211% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,288 | €1,213 | -€75 | -5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,724 | +€6,724 | |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €10,691 | €12,060 | +€1,369 | +12.8% |
| Operating profit (loss) | 9901 | €8,875 | €3,580 | -€5,296 | -59.7% |
| Financial income | 75/76B | €118 | - | -€118 | |
| Recurring financial income | 75 | €118 | - | -€118 | |
| Financial charges | 65/66B | €59 | €92 | +€34 | +57.4% |
| Recurring financial charges | 65 | €59 | €92 | +€34 | +57.4% |
| Profit (loss) for the period before taxes | 9903 | €8,934 | €3,487 | -€5,447 | -61.0% |
| Income taxes | 67/77 | - | €166 | +€166 | |
| Profit (loss) for the period | 9904 | €8,934 | €3,321 | -€5,613 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,934 | €3,321 | -€5,613 | -62.8% |
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 25 October 2026 via checked.be.