TM TECHNICS: 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 TECHNICS
Largest movements
- Tangible fixed assets -€410,979
down €410,979 (-30.3%), from €1.4m to €946,989
of which Plant, machinery and equipment: -€210,342
- Cash +€245,238
up €245,238 (+236.7%), from €103,624 to €348,862
mainly Depreciation (+€316,425) and Net result for the year (+€202,467)
- Receivables within one year +€212,229
up €212,229 (+20.5%), from €1.0m to €1.2m
of which Trade receivables: +€286,997
- Deferred charges and accrued income +€65,770
up €65,770 (+146.0%), from €45,062 to €110,832
- Reserves +€202,467
up €202,467 (+19.9%), from €1.0m to €1.2m
of which Distributable reserves: +€248,049
- Debts after one year -€132,797
down €132,797 (-14.7%), from €900,673 to €767,876
- Advances received +€114,150
new in 2025: €114,150
- Tax, wage and social debts -€112,704
down €112,704 (-56.6%), from €199,022 to €86,318
of which Remuneration and social security: -€104,101
- Gross operating margin +€229,078
up €229,078 (+8.6%), from €2.7m to €2.9m
- Staff costs +€192,157
up €192,157 (+9.7%), from €2.0m to €2.2m
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 | €2,870,792 | €2,967,200 | +€96,408 | +3.4% |
| Fixed assets | 21/28 | €1,445,993 | €1,007,900 | -€438,093 | -30.3% |
| Intangible fixed assets | 21 | €25,202 | €15,071 | -€10,131 | -40.2% |
| Tangible fixed assets | 22/27 | €1,357,968 | €946,989 | -€410,979 | -30.3% |
| Land and buildings | 22 | €24,741 | €1,295 | -€23,445 | -94.8% |
| Plant, machinery and equipment | 23 | €484,208 | €273,866 | -€210,342 | -43.4% |
| Furniture and vehicles | 24 | €136,595 | €81,198 | -€55,396 | -40.6% |
| Leasing and similar rights | 25 | €712,424 | €590,629 | -€121,795 | -17.1% |
| Financial fixed assets | 28 | €62,823 | €45,840 | -€16,983 | -27.0% |
| Current assets | 29/58 | €1,424,798 | €1,959,300 | +€534,501 | +37.5% |
| Stocks and contracts in progress | 3 | €238,587 | €249,851 | +€11,264 | +4.7% |
| Stocks | 30/36 | €238,587 | €249,851 | +€11,264 | +4.7% |
| Amounts receivable within one year | 40/41 | €1,037,525 | €1,249,755 | +€212,229 | +20.5% |
| Trade receivables | 40 | €918,545 | €1,205,542 | +€286,997 | +31.2% |
| Other amounts receivable | 41 | €118,981 | €44,212 | -€74,768 | -62.8% |
| Cash at bank and in hand | 54/58 | €103,624 | €348,862 | +€245,238 | +236.7% |
| Deferred charges and accrued income | 490/1 | €45,062 | €110,832 | +€65,770 | +146.0% |
| Total equity and liabilities | 10/49 | €2,870,792 | €2,967,200 | +€96,408 | +3.4% |
| Equity | 10/15 | €1,036,066 | €1,238,533 | +€202,467 | +19.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,016,066 | €1,218,533 | +€202,467 | +19.9% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100.0% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100.0% |
| Tax-exempt reserves | 132 | €79,684 | €36,102 | -€43,582 | -54.7% |
| Distributable reserves | 133 | €934,382 | €1,182,431 | +€248,049 | +26.5% |
| Provisions and deferred taxes | 16 | €19,921 | €9,025 | -€10,896 | -54.7% |
| Deferred taxes | 168 | €19,921 | €9,025 | -€10,896 | -54.7% |
| Amounts payable | 17/49 | €1,814,805 | €1,719,641 | -€95,164 | -5.2% |
| Amounts payable after more than one year | 17 | €900,673 | €767,876 | -€132,797 | -14.7% |
| Financial debts | 170/4 | €900,673 | €767,876 | -€132,797 | -14.7% |
| Amounts payable within one year | 42/48 | €903,714 | €934,312 | +€30,598 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €342,734 | €345,080 | +€2,346 | +0.7% |
| Trade debts | 44 | €361,907 | €388,713 | +€26,806 | +7.4% |
| Suppliers | 440/4 | €361,907 | €388,713 | +€26,806 | +7.4% |
| Advances received on contracts in progress | 46 | - | €114,150 | +€114,150 | |
| Taxes, remuneration and social security | 45 | €199,022 | €86,318 | -€112,704 | -56.6% |
| Taxes | 450/3 | €11,132 | €2,528 | -€8,604 | -77.3% |
| Remuneration and social security | 454/9 | €187,890 | €83,790 | -€104,101 | -55.4% |
| Other amounts payable | 47/48 | €51 | €51 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,417 | €17,453 | +€7,036 | +67.5% |
| Non-recurring operating income | 76A | €17,877 | €81,304 | +€63,427 | +354.8% |
| Remuneration, social security and pensions | 62 | €1,974,450 | €2,166,607 | +€192,157 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290,050 | €316,425 | +€26,375 | +9.1% |
| Other operating charges | 640/8 | €13,859 | €21,316 | +€7,456 | +53.8% |
| Gross operating margin | 9900 | €2,660,856 | €2,889,934 | +€229,078 | +8.6% |
| Operating profit (loss) | 9901 | €382,496 | €385,585 | +€3,089 | +0.8% |
| Financial income | 75/76B | €1,963 | €1,467 | -€495 | -25.2% |
| Recurring financial income | 75 | €1,963 | €1,467 | -€495 | -25.2% |
| Financial charges | 65/66B | €56,673 | €55,156 | -€1,517 | -2.7% |
| Recurring financial charges | 65 | €56,673 | €55,156 | -€1,517 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €327,786 | €331,896 | +€4,110 | +1.3% |
| Transfer from deferred taxes | 780 | €10,896 | €10,896 | = | 0.0% |
| Income taxes | 67/77 | €111,663 | €140,325 | +€28,662 | +25.7% |
| Profit (loss) for the period | 9904 | €227,019 | €202,467 | -€24,553 | -10.8% |
| Transfer from tax-exempt reserves | 789 | €43,582 | €43,582 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €270,601 | €246,049 | -€24,553 | -9.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.