TEMS: 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.
TEMS
Largest movements
- Cash -€9,983
down €9,983 (-70.0%), from €14,266 to €4,283
mainly Tax, wage and social debts (-€5,561) and Other debts (-€5,037)
- Tangible fixed assets -€5,711
down €5,711 (-54.6%), from €10,461 to €4,750
of which Leasing and similar rights: -€4,459
- Stocks and contracts +€3,500
up €3,500 (+30.1%), from €11,626 to €15,126
- Receivables within one year -€1,191
no longer reported in 2025 (was €1,191)
- Tax, wage and social debts -€5,561
down €5,561 (-39.0%), from €14,261 to €8,700
of which Remuneration and social security: -€5,400
- Other debts -€5,037
no longer reported in 2025 (was €5,037)
- Current portion of long-term debt -€3,639
no longer reported in 2025 (was €3,639)
- Profit (loss) carried forward +€466
up €466 (+21.3%), from -€2,183 to -€1,717
- Gross operating margin -€5,563
down €5,563 (-31.1%), from €17,912 to €12,350
- Depreciation -€4,282
down €4,282 (-37.0%), from €11,563 to €7,281
- Financial charges +€1,296
up €1,296 (+152.8%), from €848 to €2,143
of which Financial charges: +€1,782
- Taxes -€851
down €851 (-79.6%), from €1,070 to €219
- Financial income +€508
up €508 (+3931.9%), from €13 to €521
of which Non-recurring financial income: +€505
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,543 | €27,158 | -€13,385 | -33.0% |
| Fixed assets | 21/28 | €13,461 | €7,750 | -€5,711 | -42.4% |
| Tangible fixed assets | 22/27 | €10,461 | €4,750 | -€5,711 | -54.6% |
| Furniture and vehicles | 24 | €554 | €1,052 | +€498 | +90.0% |
| Leasing and similar rights | 25 | €4,459 | - | -€4,459 | |
| Other tangible fixed assets | 26 | €5,448 | €3,698 | -€1,750 | -32.1% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €27,083 | €19,409 | -€7,674 | -28.3% |
| Stocks and contracts in progress | 3 | €11,626 | €15,126 | +€3,500 | +30.1% |
| Stocks | 30/36 | €11,626 | €15,126 | +€3,500 | +30.1% |
| Amounts receivable within one year | 40/41 | €1,191 | - | -€1,191 | |
| Other amounts receivable | 41 | €1,191 | - | -€1,191 | |
| Cash at bank and in hand | 54/58 | €14,266 | €4,283 | -€9,983 | -70.0% |
| Total equity and liabilities | 10/49 | €40,543 | €27,158 | -€13,385 | -33.0% |
| Equity | 10/15 | €16,417 | €16,883 | +€466 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,183 | -€1,717 | +€466 | +21.3% |
| Amounts payable | 17/49 | €24,126 | €10,275 | -€13,851 | -57.4% |
| Amounts payable within one year | 42/48 | €24,126 | €10,275 | -€13,851 | -57.4% |
| Current portion of amounts payable after more than one year | 42 | €3,639 | - | -€3,639 | |
| Trade debts | 44 | €1,189 | €1,575 | +€387 | +32.5% |
| Suppliers | 440/4 | €1,189 | €1,575 | +€387 | +32.5% |
| Taxes, remuneration and social security | 45 | €14,261 | €8,700 | -€5,561 | -39.0% |
| Taxes | 450/3 | €2,361 | €2,200 | -€161 | -6.8% |
| Remuneration and social security | 454/9 | €11,900 | €6,500 | -€5,400 | -45.4% |
| Other amounts payable | 47/48 | €5,037 | - | -€5,037 | |
| Remuneration, social security and pensions | 62 | €249 | - | -€249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,563 | €7,281 | -€4,282 | -37.0% |
| Other operating charges | 640/8 | €2,604 | €2,762 | +€158 | +6.1% |
| Gross operating margin | 9900 | €17,912 | €12,350 | -€5,563 | -31.1% |
| Operating profit (loss) | 9901 | €3,497 | €2,307 | -€1,190 | -34.0% |
| Financial income | 75/76B | €13 | €521 | +€508 | +3931.9% |
| Recurring financial income | 75 | €13 | €3 | -€10 | -73.5% |
| Non-recurring financial income | 76B | €13 | €518 | +€505 | +3905.4% |
| Financial charges | 65/66B | €848 | €2,143 | +€1,296 | +152.8% |
| Recurring financial charges | 65 | €362 | €2,143 | +€1,782 | +492.5% |
| Non-recurring financial charges | 66B | €486 | - | -€486 | |
| Profit (loss) for the period before taxes | 9903 | €2,662 | €684 | -€1,978 | -74.3% |
| Income taxes | 67/77 | €1,070 | €219 | -€851 | -79.6% |
| Profit (loss) for the period | 9904 | €1,592 | €466 | -€1,126 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,592 | €466 | -€1,126 | -70.8% |
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 9 October 2026 via checked.be.