TEMPS ET OR: 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.
TEMPS ET OR
Largest movements
- Tangible fixed assets -€50,042
down €50,042 (-16.1%), from €311,157 to €261,115
of which Land and buildings: -€37,319
- Cash +€44,201
up €44,201 (+273%), from €16,183 to €60,384
mainly Net result for the year (+€83,836) and Depreciation (+€50,042)
- Receivables within one year +€23,362
up €23,362 (+96.2%), from €24,289 to €47,651
of which Trade receivables: +€23,362
- Stocks and contracts +€20,236
up €20,236 (+1.9%), from €1.0m to €1.1m
- Profit (loss) carried forward +€86,273
up €86,273 (+13.0%), from €661,823 to €748,096
- Debts after one year -€55,692
down €55,692 (-34.7%), from €160,488 to €104,796
- Trade debts -€46,063
down €46,063 (-19.5%), from €235,910 to €189,848
- Advances received +€40,300
new in 2025: €40,300
- Tax, wage and social debts +€39,072
up €39,072 (+129%), from €30,373 to €69,445
of which Taxes: +€31,425
- Gross operating margin +€63,023
up €63,023 (+22.3%), from €282,926 to €345,949
- Taxes +€18,667
up €18,667 (+140%), from €13,376 to €32,042
- Staff costs -€4,516
down €4,516 (-2.7%), from €164,852 to €160,336
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 | €1,390,755 | €1,433,153 | +€42,398 | +3.0% |
| Fixed assets | 21/28 | €311,284 | €261,241 | -€50,042 | -16.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €311,157 | €261,115 | -€50,042 | -16.1% |
| Land and buildings | 22 | €268,715 | €231,396 | -€37,319 | -13.9% |
| Plant, machinery and equipment | 23 | €708 | €350 | -€359 | -50.6% |
| Furniture and vehicles | 24 | €41,277 | €29,007 | -€12,270 | -29.7% |
| Other tangible fixed assets | 26 | €457 | €362 | -€95 | -20.7% |
| Financial fixed assets | 28 | €126 | €126 | = | 0.0% |
| Current assets | 29/58 | €1,079,471 | €1,171,911 | +€92,440 | +8.6% |
| Stocks and contracts in progress | 3 | €1,038,863 | €1,059,099 | +€20,236 | +1.9% |
| Stocks | 30/36 | €1,038,863 | €1,059,099 | +€20,236 | +1.9% |
| Amounts receivable within one year | 40/41 | €24,289 | €47,651 | +€23,362 | +96.2% |
| Trade receivables | 40 | €22,680 | €46,042 | +€23,362 | +103% |
| Other amounts receivable | 41 | €1,609 | €1,609 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €16,183 | €60,384 | +€44,201 | +273% |
| Deferred charges and accrued income | 490/1 | €136 | €4,777 | +€4,642 | +3,420% |
| Total equity and liabilities | 10/49 | €1,390,755 | €1,433,153 | +€42,398 | +3.0% |
| Equity | 10/15 | €797,653 | €888,029 | +€90,376 | +11.3% |
| Contributions | 10/11 | €118,460 | €125,000 | +€6,540 | +5.5% |
| Capital | 10 | €118,460 | €125,000 | +€6,540 | +5.5% |
| Issued capital | 100 | €118,460 | €125,000 | +€6,540 | +5.5% |
| Reserves | 13 | €17,370 | €14,934 | -€2,436 | -14.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,870 | €2,434 | -€2,436 | -50.0% |
| Profit (loss) carried forward | 14 | €661,823 | €748,096 | +€86,273 | +13.0% |
| Provisions and deferred taxes | 16 | €1,219 | €611 | -€609 | -49.9% |
| Deferred taxes | 168 | €1,219 | €611 | -€609 | -49.9% |
| Amounts payable | 17/49 | €591,882 | €544,513 | -€47,370 | -8.0% |
| Amounts payable after more than one year | 17 | €160,488 | €104,796 | -€55,692 | -34.7% |
| Financial debts | 170/4 | €160,488 | €104,796 | -€55,692 | -34.7% |
| Amounts payable within one year | 42/48 | €431,394 | €439,716 | +€8,322 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €60,979 | €67,057 | +€6,079 | +10.0% |
| Financial debts | 43 | €26,119 | €25,000 | -€1,119 | -4.3% |
| Credit institutions | 430/8 | €26,119 | €25,000 | -€1,119 | -4.3% |
| Trade debts | 44 | €235,910 | €189,848 | -€46,063 | -19.5% |
| Suppliers | 440/4 | €235,910 | €189,848 | -€46,063 | -19.5% |
| Advances received on contracts in progress | 46 | - | €40,300 | +€40,300 | |
| Taxes, remuneration and social security | 45 | €30,373 | €69,445 | +€39,072 | +129% |
| Taxes | 450/3 | €13,328 | €44,753 | +€31,425 | +236% |
| Remuneration and social security | 454/9 | €17,046 | €24,693 | +€7,647 | +44.9% |
| Other amounts payable | 47/48 | €78,013 | €48,066 | -€29,947 | -38.4% |
| Remuneration, social security and pensions | 62 | €164,852 | €160,336 | -€4,516 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,378 | €50,042 | +€665 | +1.3% |
| Other operating charges | 640/8 | €5,234 | €5,347 | +€113 | +2.2% |
| Gross operating margin | 9900 | €282,926 | €345,949 | +€63,023 | +22.3% |
| Operating profit (loss) | 9901 | €63,463 | €130,224 | +€66,761 | +105% |
| Financial income | 75/76B | €1,448 | €470 | -€978 | -67.5% |
| Recurring financial income | 75 | €1,448 | €470 | -€978 | -67.5% |
| Financial charges | 65/66B | €18,452 | €15,424 | -€3,028 | -16.4% |
| Recurring financial charges | 65 | €18,452 | €15,424 | -€3,028 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €46,459 | €115,270 | +€68,812 | +148% |
| Transfer from deferred taxes | 780 | €609 | €609 | = | 0.0% |
| Income taxes | 67/77 | €13,376 | €32,042 | +€18,667 | +140% |
| Profit (loss) for the period | 9904 | €33,692 | €83,836 | +€50,145 | +149% |
| Transfer from tax-exempt reserves | 789 | €2,436 | €2,436 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,128 | €86,273 | +€50,145 | +139% |
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 15 October 2026 via checked.be.