TM CREATIONS: 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 CREATIONS
Largest movements
- Cash -€7,784
down €7,784 (-20.3%), from €38,368 to €30,583
mainly Receivables within one year (-€4,409) and Net result for the year (-€1,562)
- Receivables within one year +€4,409
up €4,409 (+196.1%), from €2,249 to €6,658
of which Trade receivables: +€2,772
- Profit (loss) carried forward -€1,562
down €1,562 (-4.2%), from €37,315 to €35,753
- Tax, wage and social debts -€1,555
down €1,555 (-100.0%), from €1,555 to €0
- Other debts -€980
down €980 (-42.9%), from €2,281 to €1,302
- Trade debts +€695
up €695 (+1612.0%), from €43 to €738
- Gross operating margin -€10,086
down €10,086 (-96.2%), from €10,483 to €397
- Taxes -€2,165
down €2,165 (-100.0%), from €2,165 to €0
- Other operating charges +€924
up €924 (+221.3%), from €417 to €1,341
- Depreciation +€443
up €443 (+330.4%), from €134 to €578
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 | €42,195 | €38,793 | -€3,402 | -8.1% |
| Fixed assets | 21/28 | €1,106 | €1,394 | +€288 | +26.0% |
| Tangible fixed assets | 22/27 | €1,106 | €1,394 | +€288 | +26.0% |
| Plant, machinery and equipment | 23 | €1,106 | €697 | -€409 | -37.0% |
| Furniture and vehicles | 24 | - | €697 | +€697 | |
| Current assets | 29/58 | €41,089 | €37,399 | -€3,690 | -9.0% |
| Amounts receivable within one year | 40/41 | €2,249 | €6,658 | +€4,409 | +196.1% |
| Trade receivables | 40 | €547 | €3,319 | +€2,772 | +506.8% |
| Other amounts receivable | 41 | €1,702 | €3,339 | +€1,637 | +96.2% |
| Cash at bank and in hand | 54/58 | €38,368 | €30,583 | -€7,784 | -20.3% |
| Deferred charges and accrued income | 490/1 | €472 | €157 | -€315 | -66.7% |
| Total equity and liabilities | 10/49 | €42,195 | €38,793 | -€3,402 | -8.1% |
| Equity | 10/15 | €38,315 | €36,753 | -€1,562 | -4.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,315 | €35,753 | -€1,562 | -4.2% |
| Amounts payable | 17/49 | €3,880 | €2,040 | -€1,840 | -47.4% |
| Amounts payable within one year | 42/48 | €3,880 | €2,040 | -€1,840 | -47.4% |
| Trade debts | 44 | €43 | €738 | +€695 | +1612.0% |
| Suppliers | 440/4 | €43 | €738 | +€695 | +1612.0% |
| Taxes, remuneration and social security | 45 | €1,555 | €0 | -€1,555 | -100.0% |
| Taxes | 450/3 | €1,555 | €0 | -€1,555 | -100.0% |
| Other amounts payable | 47/48 | €2,281 | €1,302 | -€980 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134 | €578 | +€443 | +330.4% |
| Other operating charges | 640/8 | €417 | €1,341 | +€924 | +221.3% |
| Gross operating margin | 9900 | €10,483 | €397 | -€10,086 | -96.2% |
| Operating profit (loss) | 9901 | €9,932 | -€1,522 | -€11,453 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +150.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +150.0% |
| Financial charges | 65/66B | €145 | €40 | -€104 | -72.0% |
| Recurring financial charges | 65 | €145 | €40 | -€104 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | €9,787 | -€1,562 | -€11,349 | |
| Income taxes | 67/77 | €2,165 | €0 | -€2,165 | -100.0% |
| Profit (loss) for the period | 9904 | €7,623 | -€1,562 | -€9,185 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,623 | -€1,562 | -€9,185 |
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 11 October 2026 via checked.be.