TEMSAN: 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.
TEMSAN
Largest movements
- Cash +€35,346
up €35,346 (+2,135%), from €1,656 to €37,001
mainly Trade debts (+€31,456) and Other debts (+€5,749)
- Stocks and contracts +€8,058
up €8,058 (+51.7%), from €15,582 to €23,640
- Deferred charges and accrued income -€973
down €973 (-60.1%), from €1,619 to €645
- Trade debts +€31,456
up €31,456 (+1,248%), from €2,520 to €33,976
- Other debts +€5,749
up €5,749 (+4.1%), from €139,678 to €145,427
- Tax, wage and social debts +€2,522
up €2,522 (+133%), from €1,895 to €4,417
- Profit (loss) carried forward +€2,459
up €2,459 (+1.8%), from -€140,220 to -€137,762
- Gross operating margin +€4,104
up €4,104 (+434%), from €945 to €5,049
- Depreciation -€315
down €315 (-93.7%), from €336 to €21
- Financial charges -€243
down €243 (-15.2%), from €1,600 to €1,357
- Other operating charges +€220
up €220 (+27.2%), from €811 to €1,031
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 | €19,163 | €61,335 | +€42,173 | +220% |
| Fixed assets | 21/28 | €21 | €0 | -€21 | -100% |
| Tangible fixed assets | 22/27 | €21 | €0 | -€21 | -100% |
| Furniture and vehicles | 24 | €21 | €0 | -€21 | -100% |
| Current assets | 29/58 | €19,142 | €61,335 | +€42,194 | +220% |
| Stocks and contracts in progress | 3 | €15,582 | €23,640 | +€8,058 | +51.7% |
| Stocks | 30/36 | €15,582 | €23,640 | +€8,058 | +51.7% |
| Amounts receivable within one year | 40/41 | €285 | €49 | -€236 | -82.9% |
| Trade receivables | 40 | €47 | €0 | -€47 | -100% |
| Other amounts receivable | 41 | €238 | €49 | -€190 | -79.6% |
| Cash at bank and in hand | 54/58 | €1,656 | €37,001 | +€35,346 | +2,135% |
| Deferred charges and accrued income | 490/1 | €1,619 | €645 | -€973 | -60.1% |
| Total equity and liabilities | 10/49 | €19,163 | €61,335 | +€42,173 | +220% |
| Equity | 10/15 | -€125,220 | -€122,762 | +€2,459 | +2.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,220 | -€137,762 | +€2,459 | +1.8% |
| Amounts payable | 17/49 | €144,383 | €184,097 | +€39,714 | +27.5% |
| Amounts payable within one year | 42/48 | €144,383 | €184,097 | +€39,714 | +27.5% |
| Financial debts | 43 | €291 | €277 | -€13 | -4.6% |
| Credit institutions | 430/8 | €291 | €277 | -€13 | -4.6% |
| Trade debts | 44 | €2,520 | €33,976 | +€31,456 | +1,248% |
| Suppliers | 440/4 | €2,520 | €33,976 | +€31,456 | +1,248% |
| Taxes, remuneration and social security | 45 | €1,895 | €4,417 | +€2,522 | +133% |
| Taxes | 450/3 | €1,895 | €4,417 | +€2,522 | +133% |
| Other amounts payable | 47/48 | €139,678 | €145,427 | +€5,749 | +4.1% |
| Non-recurring operating income | 76A | - | €673 | +€673 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €21 | -€315 | -93.7% |
| Other operating charges | 640/8 | €811 | €1,031 | +€220 | +27.2% |
| Gross operating margin | 9900 | €945 | €5,049 | +€4,104 | +434% |
| Operating profit (loss) | 9901 | -€202 | €3,997 | +€4,199 | |
| Financial income | 75/76B | €23 | €0 | -€23 | -100% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -100% |
| Financial charges | 65/66B | €1,600 | €1,357 | -€243 | -15.2% |
| Recurring financial charges | 65 | €1,600 | €1,357 | -€243 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,779 | €2,640 | +€4,419 | |
| Income taxes | 67/77 | €200 | €181 | -€19 | -9.4% |
| Profit (loss) for the period | 9904 | -€1,979 | €2,459 | +€4,438 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,979 | €2,459 | +€4,438 |
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 13 October 2026 via checked.be.