TM Technics Coating Solutions: 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 Technics Coating Solutions
Largest movements
- Cash -€50,959
down €50,959 (-96.9%), from €52,582 to €1,623
mainly Stocks and contracts (-€42,404) and Debts after one year (-€21,962)
- Stocks and contracts +€42,404
new in 2025: €42,404
- Tangible fixed assets -€12,028
down €12,028 (-37.5%), from €32,058 to €20,029
of which Furniture and vehicles: -€13,728
- Receivables within one year -€11,317
down €11,317 (-7.7%), from €147,335 to €136,018
of which Trade receivables: -€32,875
- Debts after one year -€21,962
down €21,962 (-75.2%), from €29,197 to €7,235
- Reserves -€14,042
down €14,042 (-12.5%), from €112,039 to €97,997
of which Distributable reserves: -€14,042
- Short-term financial debts +€11,984
up €11,984 (+179%), from €6,691 to €18,675
- Tax, wage and social debts -€4,980
down €4,980 (-39.1%), from €12,751 to €7,771
of which Taxes: -€4,997
- Other debts -€2,700
down €2,700 (-100%), from €2,700 to €0
- Gross operating margin -€64,259
down €64,259 (-60.2%), from €106,695 to €42,437
- Other operating charges +€33,105
up €33,105 (+3,697%), from €896 to €34,001
- Taxes -€11,984
down €11,984 (-67.5%), from €17,751 to €5,767
- Depreciation -€5,850
down €5,850 (-27.2%), from €21,503 to €15,653
- Financial charges +€2,639
up €2,639 (+99.8%), from €2,644 to €5,283
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.
Derived cash bridge
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 | €233,849 | €202,247 | -€31,602 | -13.5% |
| Fixed assets | 21/28 | €33,933 | €21,279 | -€12,653 | -37.3% |
| Intangible fixed assets | 21 | €1,875 | €1,250 | -€625 | -33.3% |
| Tangible fixed assets | 22/27 | €32,058 | €20,029 | -€12,028 | -37.5% |
| Land and buildings | 22 | €1,850 | €1,596 | -€253 | -13.7% |
| Plant, machinery and equipment | 23 | €2,119 | €4,072 | +€1,953 | +92.2% |
| Furniture and vehicles | 24 | €28,089 | €14,361 | -€13,728 | -48.9% |
| Current assets | 29/58 | €199,916 | €180,968 | -€18,948 | -9.5% |
| Stocks and contracts in progress | 3 | - | €42,404 | +€42,404 | |
| Contracts in progress | 37 | - | €42,404 | +€42,404 | |
| Amounts receivable within one year | 40/41 | €147,335 | €136,018 | -€11,317 | -7.7% |
| Trade receivables | 40 | €74,815 | €41,940 | -€32,875 | -43.9% |
| Other amounts receivable | 41 | €72,520 | €94,078 | +€21,558 | +29.7% |
| Cash at bank and in hand | 54/58 | €52,582 | €1,623 | -€50,959 | -96.9% |
| Deferred charges and accrued income | 490/1 | - | €923 | +€923 | |
| Total equity and liabilities | 10/49 | €233,849 | €202,247 | -€31,602 | -13.5% |
| Equity | 10/15 | €130,639 | €116,597 | -€14,042 | -10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112,039 | €97,997 | -€14,042 | -12.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €112,039 | €97,997 | -€14,042 | -12.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €103,210 | €85,651 | -€17,559 | -17.0% |
| Amounts payable after more than one year | 17 | €29,197 | €7,235 | -€21,962 | -75.2% |
| Financial debts | 170/4 | €29,197 | €7,235 | -€21,962 | -75.2% |
| Amounts payable within one year | 42/48 | €74,013 | €78,416 | +€4,403 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €23,088 | €21,962 | -€1,126 | -4.9% |
| Financial debts | 43 | €6,691 | €18,675 | +€11,984 | +179% |
| Credit institutions | 430/8 | €6,691 | €18,675 | +€11,984 | +179% |
| Trade debts | 44 | €28,783 | €30,008 | +€1,225 | +4.3% |
| Suppliers | 440/4 | €28,783 | €30,008 | +€1,225 | +4.3% |
| Taxes, remuneration and social security | 45 | €12,751 | €7,771 | -€4,980 | -39.1% |
| Taxes | 450/3 | €10,120 | €5,123 | -€4,997 | -49.4% |
| Remuneration and social security | 454/9 | €2,631 | €2,648 | +€17 | +0.7% |
| Other amounts payable | 47/48 | €2,700 | €0 | -€2,700 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,503 | €15,653 | -€5,850 | -27.2% |
| Other operating charges | 640/8 | €896 | €34,001 | +€33,105 | +3,697% |
| Non-recurring operating charges | 66A | €4,627 | €392 | -€4,236 | -91.5% |
| Gross operating margin | 9900 | €106,695 | €42,437 | -€64,259 | -60.2% |
| Operating profit (loss) | 9901 | €79,669 | -€7,609 | -€87,278 | |
| Financial income | 75/76B | €3,980 | €4,616 | +€635 | +16.0% |
| Recurring financial income | 75 | €3,980 | €4,616 | +€635 | +16.0% |
| Financial charges | 65/66B | €2,644 | €5,283 | +€2,639 | +99.8% |
| Recurring financial charges | 65 | €2,644 | €5,283 | +€2,639 | +99.8% |
| Profit (loss) for the period before taxes | 9903 | €81,006 | -€8,276 | -€89,282 | |
| Income taxes | 67/77 | €17,751 | €5,767 | -€11,984 | -67.5% |
| Profit (loss) for the period | 9904 | €63,255 | -€14,042 | -€77,297 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,255 | -€14,042 | -€77,297 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.