TM CONSULTANCY: 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 CONSULTANCY
Largest movements
- Cash -€19,386
down €19,386 (-86.0%), from €22,544 to €3,158
mainly Net result for the year (-€33,803) and Tax, wage and social debts (-€8,331)
- Receivables within one year -€4,569
down €4,569 (-22.1%), from €20,717 to €16,147
- Tangible fixed assets -€1,967
down €1,967 (-40.6%), from €4,849 to €2,883
- Stocks and contracts -€810
down €810 (-20.3%), from €3,999 to €3,189
- Profit (loss) carried forward -€33,803
down €33,803, from €19,281 to -€14,522
- Trade debts +€8,655
up €8,655 (+1679.7%), from €515 to €9,170
- Tax, wage and social debts -€8,331
down €8,331 (-67.6%), from €12,319 to €3,988
of which Taxes: -€8,260
- Other debts +€6,748
up €6,748 (+87.3%), from €7,733 to €14,481
- Gross operating margin -€39,612
down €39,612, from €12,461 to -€27,151
- Financial charges +€1,975
up €1,975 (+119.7%), from €1,650 to €3,625
- Depreciation +€676
up €676 (+52.4%), from €1,291 to €1,967
- Other operating charges +€351
up €351 (+61.7%), from €569 to €920
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,109 | €27,377 | -€26,732 | -49.4% |
| Fixed assets | 21/28 | €6,849 | €4,883 | -€1,967 | -28.7% |
| Tangible fixed assets | 22/27 | €4,849 | €2,883 | -€1,967 | -40.6% |
| Furniture and vehicles | 24 | €4,849 | €2,883 | -€1,967 | -40.6% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €47,259 | €22,494 | -€24,765 | -52.4% |
| Stocks and contracts in progress | 3 | €3,999 | €3,189 | -€810 | -20.3% |
| Stocks | 30/36 | €3,999 | €3,189 | -€810 | -20.3% |
| Amounts receivable within one year | 40/41 | €20,717 | €16,147 | -€4,569 | -22.1% |
| Trade receivables | 40 | €20,717 | €16,147 | -€4,569 | -22.1% |
| Cash at bank and in hand | 54/58 | €22,544 | €3,158 | -€19,386 | -86.0% |
| Total equity and liabilities | 10/49 | €54,109 | €27,377 | -€26,732 | -49.4% |
| Equity | 10/15 | €33,541 | -€262 | -€33,803 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €19,281 | -€14,522 | -€33,803 | |
| Amounts payable | 17/49 | €20,568 | €27,638 | +€7,071 | +34.4% |
| Amounts payable within one year | 42/48 | €20,568 | €27,638 | +€7,071 | +34.4% |
| Trade debts | 44 | €515 | €9,170 | +€8,655 | +1679.7% |
| Suppliers | 440/4 | €515 | €9,170 | +€8,655 | +1679.7% |
| Taxes, remuneration and social security | 45 | €12,319 | €3,988 | -€8,331 | -67.6% |
| Taxes | 450/3 | €12,248 | €3,988 | -€8,260 | -67.4% |
| Remuneration and social security | 454/9 | €72 | - | -€72 | |
| Other amounts payable | 47/48 | €7,733 | €14,481 | +€6,748 | +87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,291 | €1,967 | +€676 | +52.4% |
| Other operating charges | 640/8 | €569 | €920 | +€351 | +61.7% |
| Gross operating margin | 9900 | €12,461 | -€27,151 | -€39,612 | |
| Operating profit (loss) | 9901 | €10,601 | -€30,038 | -€40,639 | |
| Financial charges | 65/66B | €1,650 | €3,625 | +€1,975 | +119.7% |
| Recurring financial charges | 65 | €1,650 | €3,625 | +€1,975 | +119.7% |
| Profit (loss) for the period before taxes | 9903 | €8,951 | -€33,663 | -€42,614 | |
| Income taxes | 67/77 | - | €140 | +€140 | |
| Profit (loss) for the period | 9904 | €8,951 | -€33,803 | -€42,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,951 | -€33,803 | -€42,754 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.