TEMPAC: 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.
What changed
TEMPAC
NACE 25.999, Manufacture of fabricated metal products, except machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€73,738
2024 · €82,310-€8,572
Equity
€776,988
2024 · €703,250+€73,738
Cash
€22,940
2024 · €10,115+€12,824
Balance sheet total
€4.2m
2024 · €4.3m-€55,092
Largest movements
Assets
- Receivables within one year -€63,897
down €63,897 (-26.3%), from €242,966 to €179,069
of which Other amounts receivable: -€51,263
Equity and liabilities
- Debts after one year -€175,435
down €175,435 (-8.3%), from €2.1m to €1.9m
- Other debts +€82,556
up €82,556 (+7.0%), from €1.2m to €1.3m
- Profit (loss) carried forward +€73,738
up €73,738 (+89.6%), from €82,310 to €156,048
Income statement
- Taxes +€26,728
up €26,728 (+66.5%), from €40,185 to €66,913
- Gross operating margin +€22,785
up €22,785 (+12.9%), from €175,978 to €198,763
- Financial charges +€5,545
up €5,545 (+4.8%), from €115,532 to €121,077
- Other operating charges -€2,434
down €2,434 (-8.1%), from €29,946 to €27,512
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.
Result 2024
€82,310
Gross operating margin
+€22,785
Staff costs
-€1,966
Depreciation
+€449
Other operating charges
+€2,434
Financial charges
-€5,545
Taxes
-€26,728
Result 2025
€73,738
Cash bridge derived
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.
From operations
+€185,876
Investment
€0
Financing
-€173,052
Cash 2024
€10,115
From operations (derived)
+€185,876
Net result for the year
+€73,738
Depreciation
+€4,156
Receivables within one year
+€63,897
Deferred charges and accrued income
-€137
Trade debts
-€37,565
Tax, wage and social debts
-€769
Other debts
+€82,556
Financing
-€173,052
Debts after one year
-€175,435
Current portion of long-term debt
+€2,384
Cash 2025
€22,940
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,271,467 | €4,216,375 | -€55,092 | -1.3% |
| Fixed assets | 21/28 | €4,016,358 | €4,012,201 | -€4,156 | -0.1% |
| Tangible fixed assets | 22/27 | €173,358 | €169,201 | -€4,156 | -2.4% |
| Land and buildings | 22 | €169,001 | €166,223 | -€2,778 | -1.6% |
| Furniture and vehicles | 24 | €4,356 | €2,978 | -€1,379 | -31.6% |
| Financial fixed assets | 28 | €3,843,000 | €3,843,000 | = | 0.0% |
| Current assets | 29/58 | €255,109 | €204,174 | -€50,935 | -20.0% |
| Amounts receivable within one year | 40/41 | €242,966 | €179,069 | -€63,897 | -26.3% |
| Trade receivables | 40 | €182,966 | €170,332 | -€12,634 | -6.9% |
| Other amounts receivable | 41 | €60,000 | €8,737 | -€51,263 | -85.4% |
| Cash at bank and in hand | 54/58 | €10,115 | €22,940 | +€12,824 | +126.8% |
| Deferred charges and accrued income | 490/1 | €2,028 | €2,166 | +€137 | +6.8% |
| Total equity and liabilities | 10/49 | €4,271,467 | €4,216,375 | -€55,092 | -1.3% |
| Equity | 10/15 | €703,250 | €776,988 | +€73,738 | +10.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €559,440 | €559,440 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,372 | €44,372 | = | 0.0% |
| Legal reserve | 130 | €44,372 | €44,372 | = | 0.0% |
| Distributable reserves | 133 | €515,068 | €515,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,310 | €156,048 | +€73,738 | +89.6% |
| Amounts payable | 17/49 | €3,568,217 | €3,439,387 | -€128,830 | -3.6% |
| Amounts payable after more than one year | 17 | €2,117,325 | €1,941,889 | -€175,435 | -8.3% |
| Financial debts | 170/4 | €2,117,325 | €1,941,889 | -€175,435 | -8.3% |
| Amounts payable within one year | 42/48 | €1,450,893 | €1,497,498 | +€46,606 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €173,052 | €175,435 | +€2,384 | +1.4% |
| Trade debts | 44 | €37,565 | - | -€37,565 | |
| Suppliers | 440/4 | €37,565 | - | -€37,565 | |
| Taxes, remuneration and social security | 45 | €53,847 | €53,078 | -€769 | -1.4% |
| Taxes | 450/3 | €30,831 | €30,761 | -€70 | -0.2% |
| Remuneration and social security | 454/9 | €23,015 | €22,317 | -€699 | -3.0% |
| Other amounts payable | 47/48 | €1,186,429 | €1,268,985 | +€82,556 | +7.0% |
| Non-recurring operating income | 76A | - | €4,322 | +€4,322 | |
| Remuneration, social security and pensions | 62 | €143,400 | €145,367 | +€1,966 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,605 | €4,156 | -€449 | -9.8% |
| Other operating charges | 640/8 | €29,946 | €27,512 | -€2,434 | -8.1% |
| Gross operating margin | 9900 | €175,978 | €198,763 | +€22,785 | +12.9% |
| Operating profit (loss) | 9901 | -€1,973 | €21,728 | +€23,702 | |
| Financial income | 75/76B | €240,000 | €240,000 | = | 0.0% |
| Recurring financial income | 75 | €240,000 | €240,000 | = | 0.0% |
| Financial charges | 65/66B | €115,532 | €121,077 | +€5,545 | +4.8% |
| Recurring financial charges | 65 | €115,532 | €121,077 | +€5,545 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €122,495 | €140,651 | +€18,156 | +14.8% |
| Income taxes | 67/77 | €40,185 | €66,913 | +€26,728 | +66.5% |
| Profit (loss) for the period | 9904 | €82,310 | €73,738 | -€8,572 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €82,310 | €73,738 | -€8,572 | -10.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.