TM COMPANY: 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.
TM COMPANY
Largest movements
- Receivables within one year +€38,237
up €38,237 (+120%), from €31,823 to €70,060
of which Other amounts receivable: +€36,503
- Financial fixed assets +€8,000
new in 2025: €8,000
- Cash +€6,023
up €6,023, from €0 to €6,023
- Profit (loss) carried forward +€19,663
up €19,663 (+175%), from €11,231 to €30,894
- Tax, wage and social debts +€18,552
up €18,552 (+230%), from €8,075 to €26,627
of which Taxes: +€15,514
- Trade debts +€14,030
up €14,030 (+10,664%), from €132 to €14,162
- Turnover +€110,654
up €110,654 (+156%), from €70,961 to €181,615
- Purchases and services +€97,762
up €97,762 (+173%), from €56,477 to €154,239
- Gross operating margin +€12,899
up €12,899 (+70.0%), from €18,426 to €31,326
- Staff costs +€8,489
new in 2025: €8,489
- Other operating charges +€2,260
up €2,260 (+614%), from €368 to €2,628
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,840 | €84,083 | +€52,243 | +164% |
| Fixed assets | 21/28 | - | €8,000 | +€8,000 | |
| Financial fixed assets | 28 | - | €8,000 | +€8,000 | |
| Current assets | 29/58 | €31,840 | €76,083 | +€44,243 | +139% |
| Amounts receivable within one year | 40/41 | €31,823 | €70,060 | +€38,237 | +120% |
| Trade receivables | 40 | €19,975 | €21,709 | +€1,734 | +8.7% |
| Other amounts receivable | 41 | €11,848 | €48,351 | +€36,503 | +308% |
| Cash at bank and in hand | 54/58 | €0 | €6,023 | +€6,023 | |
| Deferred charges and accrued income | 490/1 | €18 | €0 | -€18 | -100% |
| Total equity and liabilities | 10/49 | €31,840 | €84,083 | +€52,243 | +164% |
| Equity | 10/15 | €23,631 | €43,294 | +€19,663 | +83.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,231 | €30,894 | +€19,663 | +175% |
| Amounts payable | 17/49 | €8,209 | €40,789 | +€32,580 | +397% |
| Amounts payable within one year | 42/48 | €8,209 | €40,789 | +€32,580 | +397% |
| Financial debts | 43 | €3 | €0 | -€3 | -100% |
| Credit institutions | 430/8 | €3 | €0 | -€3 | -100% |
| Trade debts | 44 | €132 | €14,162 | +€14,030 | +10,664% |
| Suppliers | 440/4 | €132 | €14,162 | +€14,030 | +10,664% |
| Taxes, remuneration and social security | 45 | €8,075 | €26,627 | +€18,552 | +230% |
| Taxes | 450/3 | €8,075 | €23,588 | +€15,514 | +192% |
| Remuneration and social security | 454/9 | €0 | €3,039 | +€3,039 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €70,961 | €181,615 | +€110,654 | +156% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,477 | €154,239 | +€97,762 | +173% |
| Remuneration, social security and pensions | 62 | - | €8,489 | +€8,489 | |
| Other operating charges | 640/8 | €368 | €2,628 | +€2,260 | +614% |
| Gross operating margin | 9900 | €18,426 | €31,326 | +€12,899 | +70.0% |
| Operating profit (loss) | 9901 | €18,058 | €20,209 | +€2,150 | +11.9% |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €457 | €581 | +€124 | +27.2% |
| Recurring financial charges | 65 | €457 | €581 | +€124 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €17,602 | €19,663 | +€2,061 | +11.7% |
| Profit (loss) for the period | 9904 | €17,602 | €19,663 | +€2,061 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,602 | €19,663 | +€2,061 | +11.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.