TJM Bridge: 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.
TJM Bridge
Largest movements
- Cash -€1,989
down €1,989 (-98.5%), from €2,020 to €31
mainly Net result for the year (-€7,347) and Investment in fixed assets (net) (-€2,337)
- Tangible fixed assets +€1,428
up €1,428 (+98.5%), from €1,450 to €2,878
- Receivables within one year -€243
down €243 (-3.3%), from €7,352 to €7,109
of which Other amounts receivable: -€207
- Profit (loss) carried forward -€7,347
down €7,347 (-256%), from -€2,873 to -€10,220
- Other debts +€4,498
up €4,498 (+32.9%), from €13,676 to €18,175
- Trade debts +€2,044
up €2,044 (+11,252%), from €18 to €2,063
- Gross operating margin -€14,303
down €14,303, from €8,331 to -€5,972
- Depreciation +€801
up €801 (+743%), from €108 to €909
- Other operating charges +€400
new in 2025: €400
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 | €10,822 | €10,018 | -€804 | -7.4% |
| Fixed assets | 21/28 | €1,450 | €2,878 | +€1,428 | +98.5% |
| Tangible fixed assets | 22/27 | €1,450 | €2,878 | +€1,428 | +98.5% |
| Plant, machinery and equipment | 23 | €1,450 | €2,878 | +€1,428 | +98.5% |
| Current assets | 29/58 | €9,372 | €7,139 | -€2,232 | -23.8% |
| Amounts receivable within one year | 40/41 | €7,352 | €7,109 | -€243 | -3.3% |
| Trade receivables | 40 | €7,096 | €7,060 | -€36 | -0.5% |
| Other amounts receivable | 41 | €256 | €49 | -€207 | -80.7% |
| Cash at bank and in hand | 54/58 | €2,020 | €31 | -€1,989 | -98.5% |
| Total equity and liabilities | 10/49 | €10,822 | €10,018 | -€804 | -7.4% |
| Equity | 10/15 | -€2,873 | -€10,220 | -€7,347 | -256% |
| Profit (loss) carried forward | 14 | -€2,873 | -€10,220 | -€7,347 | -256% |
| Amounts payable | 17/49 | €13,695 | €20,237 | +€6,543 | +47.8% |
| Amounts payable within one year | 42/48 | €13,695 | €20,237 | +€6,543 | +47.8% |
| Trade debts | 44 | €18 | €2,063 | +€2,044 | +11,252% |
| Suppliers | 440/4 | €18 | €2,063 | +€2,044 | +11,252% |
| Other amounts payable | 47/48 | €13,676 | €18,175 | +€4,498 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108 | €909 | +€801 | +743% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €8,331 | -€5,972 | -€14,303 | |
| Operating profit (loss) | 9901 | €8,223 | -€7,281 | -€15,504 | |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €124 | €66 | -€58 | -46.8% |
| Recurring financial charges | 65 | €124 | €66 | -€58 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €8,107 | -€7,347 | -€15,453 | |
| Profit (loss) for the period | 9904 | €8,107 | -€7,347 | -€15,453 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,107 | -€7,347 | -€15,453 |
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 17 October 2026 via checked.be.