TEMPO: 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.
TEMPO
Largest movements
- Cash +€105,008
up €105,008 (+8902.7%), from €1,180 to €106,187
mainly Short-term financial debts (+€98,423) and Tax, wage and social debts (+€71,409)
- Receivables within one year +€94,837
up €94,837 (+23.7%), from €400,212 to €495,048
of which Trade receivables: +€63,266
- Tangible fixed assets -€62,648
down €62,648 (-11.7%), from €536,948 to €474,300
- Stocks and contracts +€15,000
up €15,000 (+30.5%), from €49,179 to €64,179
of which Stocks: +€15,000
- Short-term financial debts +€98,423
up €98,423 (+414.1%), from €23,770 to €122,193
- Tax, wage and social debts +€71,409
up €71,409 (+129.4%), from €55,184 to €126,593
of which Taxes: +€40,624
- Profit (loss) carried forward +€68,695
up €68,695 (+55.1%), from €124,559 to €193,254
- Current portion of long-term debt -€65,036
down €65,036 (-27.9%), from €233,411 to €168,374
- Debts after one year -€40,520
down €40,520 (-12.5%), from €322,931 to €282,411
- Depreciation -€98,531
down €98,531 (-61.1%), from €161,179 to €62,648
- Other operating charges -€38,943
down €38,943 (-76.0%), from €51,271 to €12,329
- Gross operating margin -€18,981
down €18,981 (-6.1%), from €313,150 to €294,168
- Staff costs +€8,164
up €8,164 (+8.0%), from €102,623 to €110,787
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 | €1,015,707 | €1,169,568 | +€153,861 | +15.1% |
| Fixed assets | 21/28 | €548,907 | €489,289 | -€59,618 | -10.9% |
| Tangible fixed assets | 22/27 | €536,948 | €474,300 | -€62,648 | -11.7% |
| Land and buildings | 22 | €339,286 | €325,481 | -€13,805 | -4.1% |
| Plant, machinery and equipment | 23 | €29,151 | €7,000 | -€22,151 | -76.0% |
| Furniture and vehicles | 24 | €112,895 | €89,695 | -€23,200 | -20.6% |
| Other tangible fixed assets | 26 | €55,617 | €52,124 | -€3,493 | -6.3% |
| Financial fixed assets | 28 | €11,959 | €14,989 | +€3,030 | +25.3% |
| Current assets | 29/58 | €466,800 | €680,279 | +€213,479 | +45.7% |
| Stocks and contracts in progress | 3 | €49,179 | €64,179 | +€15,000 | +30.5% |
| Stocks | 30/36 | €48,873 | €63,873 | +€15,000 | +30.7% |
| Contracts in progress | 37 | €306 | €306 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €400,212 | €495,048 | +€94,837 | +23.7% |
| Trade receivables | 40 | €184,096 | €247,363 | +€63,266 | +34.4% |
| Other amounts receivable | 41 | €216,116 | €247,686 | +€31,570 | +14.6% |
| Current investments | 50/53 | €3,983 | €3,983 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,180 | €106,187 | +€105,008 | +8902.7% |
| Deferred charges and accrued income | 490/1 | €12,247 | €10,882 | -€1,365 | -11.1% |
| Total equity and liabilities | 10/49 | €1,015,707 | €1,169,568 | +€153,861 | +15.1% |
| Equity | 10/15 | €145,471 | €214,165 | +€68,695 | +47.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,319 | €2,319 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,319 | €2,319 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,319 | €2,319 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,559 | €193,254 | +€68,695 | +55.1% |
| Amounts payable | 17/49 | €870,237 | €955,403 | +€85,167 | +9.8% |
| Amounts payable after more than one year | 17 | €322,931 | €282,411 | -€40,520 | -12.5% |
| Financial debts | 170/4 | €322,931 | €282,411 | -€40,520 | -12.5% |
| Amounts payable within one year | 42/48 | €547,306 | €672,992 | +€125,686 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €233,411 | €168,374 | -€65,036 | -27.9% |
| Financial debts | 43 | €23,770 | €122,193 | +€98,423 | +414.1% |
| Credit institutions | 430/8 | €23,770 | €122,193 | +€98,423 | +414.1% |
| Trade debts | 44 | €218,151 | €239,156 | +€21,005 | +9.6% |
| Suppliers | 440/4 | €218,151 | €239,156 | +€21,005 | +9.6% |
| Taxes, remuneration and social security | 45 | €55,184 | €126,593 | +€71,409 | +129.4% |
| Taxes | 450/3 | €54,918 | €95,543 | +€40,624 | +74.0% |
| Remuneration and social security | 454/9 | €266 | €31,050 | +€30,785 | +11594.5% |
| Other amounts payable | 47/48 | €16,790 | €16,676 | -€114 | -0.7% |
| Non-recurring operating income | 76A | €1,588 | - | -€1,588 | |
| Remuneration, social security and pensions | 62 | €102,623 | €110,787 | +€8,164 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,179 | €62,648 | -€98,531 | -61.1% |
| Other operating charges | 640/8 | €51,271 | €12,329 | -€38,943 | -76.0% |
| Gross operating margin | 9900 | €313,150 | €294,168 | -€18,981 | -6.1% |
| Operating profit (loss) | 9901 | -€1,924 | €108,404 | +€110,328 | |
| Financial charges | 65/66B | €23,966 | €25,474 | +€1,508 | +6.3% |
| Recurring financial charges | 65 | €23,966 | €25,474 | +€1,508 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,889 | €82,930 | +€108,819 | |
| Income taxes | 67/77 | €12,521 | €14,236 | +€1,715 | +13.7% |
| Profit (loss) for the period | 9904 | -€38,410 | €68,695 | +€107,105 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,410 | €68,695 | +€107,105 |
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.