TM TEC: 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 TEC
Largest movements
- Tangible fixed assets +€12,817
new in 2025: €12,817
- Cash +€4,436
up €4,436 (+466.4%), from €951 to €5,387
mainly Trade debts (+€17,386) and Depreciation (+€4,756)
- Receivables within one year -€668
down €668 (-3.5%), from €18,896 to €18,228
of which Trade receivables: -€868
- Trade debts +€17,386
up €17,386 (+140.1%), from €12,413 to €29,800
of which Suppliers: +€14,354
- Tax, wage and social debts -€1,009
down €1,009 (-52.6%), from €1,916 to €907
- Turnover -€119,206
no longer reported in 2025 (was €119,206)
- Purchases and services -€113,252
no longer reported in 2025 (was €113,252)
- Depreciation +€4,756
new in 2025: €4,756
- Gross operating margin +€1,673
up €1,673 (+28.1%), from €5,955 to €7,628
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.
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 | €19,847 | €36,432 | +€16,585 | +83.6% |
| Fixed assets | 21/28 | - | €12,817 | +€12,817 | |
| Tangible fixed assets | 22/27 | - | €12,817 | +€12,817 | |
| Furniture and vehicles | 24 | - | €12,817 | +€12,817 | |
| Current assets | 29/58 | €19,847 | €23,615 | +€3,768 | +19.0% |
| Amounts receivable within one year | 40/41 | €18,896 | €18,228 | -€668 | -3.5% |
| Trade receivables | 40 | €17,827 | €16,959 | -€868 | -4.9% |
| Other amounts receivable | 41 | €1,069 | €1,269 | +€200 | +18.7% |
| Cash at bank and in hand | 54/58 | €951 | €5,387 | +€4,436 | +466.4% |
| Total equity and liabilities | 10/49 | €19,847 | €36,432 | +€16,585 | +83.6% |
| Equity | 10/15 | €5,518 | €5,725 | +€207 | +3.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,518 | €3,725 | +€207 | +5.9% |
| Amounts payable | 17/49 | €14,329 | €30,707 | +€16,378 | +114.3% |
| Amounts payable within one year | 42/48 | €14,329 | €30,707 | +€16,378 | +114.3% |
| Trade debts | 44 | €12,413 | €29,800 | +€17,386 | +140.1% |
| Suppliers | 440/4 | €252 | €14,606 | +€14,354 | +5693.5% |
| Bills of exchange payable | 441 | €12,161 | €15,194 | +€3,032 | +24.9% |
| Taxes, remuneration and social security | 45 | €1,916 | €907 | -€1,009 | -52.6% |
| Taxes | 450/3 | €1,916 | €907 | -€1,009 | -52.6% |
| Turnover | 70 | €119,206 | - | -€119,206 | |
| Goods, raw materials, services and sundry goods | 60/61 | €113,252 | - | -€113,252 | |
| Remuneration, social security and pensions | 62 | €695 | €518 | -€177 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,756 | +€4,756 | |
| Other operating charges | 640/8 | €556 | €1,661 | +€1,106 | +198.9% |
| Gross operating margin | 9900 | €5,955 | €7,628 | +€1,673 | +28.1% |
| Operating profit (loss) | 9901 | €4,703 | €692 | -€4,011 | -85.3% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €77 | €141 | +€64 | +82.7% |
| Recurring financial charges | 65 | €77 | €141 | +€64 | +82.7% |
| Profit (loss) for the period before taxes | 9903 | €4,635 | €552 | -€4,083 | -88.1% |
| Income taxes | 67/77 | €1,117 | €344 | -€772 | -69.2% |
| Profit (loss) for the period | 9904 | €3,518 | €207 | -€3,310 | -94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,518 | €207 | -€3,310 | -94.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.