TM Solutions: what changed
Two fiscal 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 Solutions
Largest movements
- Financial fixed assets +€65,864
new in 2024: €65,864
- Cash +€22,041
up €22,041 (+303.6%), from €7,259 to €29,300
mainly Net result for the year (+€41,784) and Tax, wage and social debts (+€30,382)
- Tangible fixed assets +€10,516
up €10,516 (+29.0%), from €36,212 to €46,727
of which Other tangible fixed assets: +€20,277
- Receivables within one year +€8,807
up €8,807 (+111.2%), from €7,921 to €16,728
of which Trade receivables: +€11,533
- Reserves +€41,363
new in 2024: €41,363
- Tax, wage and social debts +€30,382
up €30,382 (+7751.8%), from €392 to €30,774
- Debts after one year +€30,000
new in 2024: €30,000
- Other debts +€3,726
up €3,726 (+7.1%), from €52,599 to €56,325
- Gross operating margin +€74,305
up €74,305 (+1450.4%), from €5,123 to €79,428
- Taxes +€22,692
up €22,692 (+5789.7%), from €392 to €23,084
- Depreciation +€7,255
up €7,255 (+187.8%), from €3,863 to €11,117
- Other operating charges +€1,200
up €1,200 (+98.5%), from €1,218 to €2,418
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 | €56,801 | €162,085 | +€105,284 | +185.4% |
| Fixed assets | 21/28 | €37,677 | €113,507 | +€75,830 | +201.3% |
| Intangible fixed assets | 21 | €1,466 | €916 | -€550 | -37.5% |
| Tangible fixed assets | 22/27 | €36,212 | €46,727 | +€10,516 | +29.0% |
| Furniture and vehicles | 24 | €36,212 | €26,450 | -€9,762 | -27.0% |
| Other tangible fixed assets | 26 | - | €20,277 | +€20,277 | |
| Financial fixed assets | 28 | - | €65,864 | +€65,864 | |
| Current assets | 29/58 | €19,123 | €48,578 | +€29,455 | +154.0% |
| Amounts receivable within one year | 40/41 | €7,921 | €16,728 | +€8,807 | +111.2% |
| Trade receivables | 40 | €5,195 | €16,728 | +€11,533 | +222.0% |
| Other amounts receivable | 41 | €2,727 | €0 | -€2,727 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,259 | €29,300 | +€22,041 | +303.6% |
| Deferred charges and accrued income | 490/1 | €3,943 | €2,551 | -€1,393 | -35.3% |
| Total equity and liabilities | 10/49 | €56,801 | €162,085 | +€105,284 | +185.4% |
| Equity | 10/15 | €2,579 | €44,363 | +€41,784 | +1619.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €41,363 | +€41,363 | |
| Distributable reserves | 133 | - | €41,363 | +€41,363 | |
| Profit (loss) carried forward | 14 | -€421 | €0 | +€421 | |
| Amounts payable | 17/49 | €54,221 | €117,722 | +€63,501 | +117.1% |
| Amounts payable after more than one year | 17 | - | €30,000 | +€30,000 | |
| Financial debts | 170/4 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €54,150 | €87,481 | +€33,331 | +61.6% |
| Trade debts | 44 | €1,159 | €382 | -€777 | -67.0% |
| Suppliers | 440/4 | €1,159 | €382 | -€777 | -67.0% |
| Taxes, remuneration and social security | 45 | €392 | €30,774 | +€30,382 | +7751.8% |
| Taxes | 450/3 | €392 | €30,774 | +€30,382 | +7751.8% |
| Other amounts payable | 47/48 | €52,599 | €56,325 | +€3,726 | +7.1% |
| Accrued charges and deferred income | 492/3 | €71 | €241 | +€169 | +237.7% |
| Remuneration, social security and pensions | 62 | - | €734 | +€734 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,863 | €11,117 | +€7,255 | +187.8% |
| Other operating charges | 640/8 | €1,218 | €2,418 | +€1,200 | +98.5% |
| Gross operating margin | 9900 | €5,123 | €79,428 | +€74,305 | +1450.4% |
| Operating profit (loss) | 9901 | €43 | €65,159 | +€65,117 | +153143.8% |
| Financial charges | 65/66B | €71 | €291 | +€220 | +308.7% |
| Recurring financial charges | 65 | €71 | €291 | +€220 | +308.7% |
| Profit (loss) for the period before taxes | 9903 | -€29 | €64,868 | +€64,897 | |
| Income taxes | 67/77 | €392 | €23,084 | +€22,692 | +5789.7% |
| Profit (loss) for the period | 9904 | -€421 | €41,784 | +€42,204 | |
| Profit (loss) for the period to be appropriated | 9905 | -€421 | €41,784 | +€42,204 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.