TM TRANSPORT & SERVICES: 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 TRANSPORT & SERVICES
Largest movements
- Receivables within one year -€5,544
down €5,544 (-42.7%), from €12,973 to €7,429
of which Other amounts receivable: -€6,466
- Cash +€4,260
up €4,260 (+23.0%), from €18,532 to €22,792
mainly Debts after one year (+€10,316) and Depreciation (+€7,986)
- Tangible fixed assets -€1,375
down €1,375 (-11.9%), from €11,565 to €10,190
- Debts after one year +€10,316
up €10,316 (+122%), from €8,465 to €18,781
- Profit (loss) carried forward -€9,256
down €9,256, from €1,065 to -€8,191
- Tax, wage and social debts -€2,656
down €2,656 (-39.2%), from €6,782 to €4,125
of which Taxes: -€3,354
- Trade debts -€1,144
down €1,144 (-48.2%), from €2,375 to €1,231
- Gross operating margin -€9,132
down €9,132 (-44.2%), from €20,647 to €11,515
- Staff costs +€5,419
up €5,419 (+100.0%), from €5,419 to €10,839
- Depreciation +€2,204
up €2,204 (+38.1%), from €5,782 to €7,986
- Other operating charges +€773
new in 2025: €773
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 | €43,302 | €40,561 | -€2,741 | -6.3% |
| Fixed assets | 21/28 | €11,715 | €10,340 | -€1,375 | -11.7% |
| Tangible fixed assets | 22/27 | €11,565 | €10,190 | -€1,375 | -11.9% |
| Furniture and vehicles | 24 | €11,565 | €10,190 | -€1,375 | -11.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €31,587 | €30,221 | -€1,366 | -4.3% |
| Amounts receivable within one year | 40/41 | €12,973 | €7,429 | -€5,544 | -42.7% |
| Trade receivables | 40 | €4,505 | €5,427 | +€922 | +20.5% |
| Other amounts receivable | 41 | €8,468 | €2,002 | -€6,466 | -76.4% |
| Cash at bank and in hand | 54/58 | €18,532 | €22,792 | +€4,260 | +23.0% |
| Deferred charges and accrued income | 490/1 | €82 | - | -€82 | |
| Total equity and liabilities | 10/49 | €43,302 | €40,561 | -€2,741 | -6.3% |
| Equity | 10/15 | €19,665 | €10,409 | -€9,256 | -47.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,065 | -€8,191 | -€9,256 | |
| Amounts payable | 17/49 | €23,637 | €30,152 | +€6,515 | +27.6% |
| Amounts payable after more than one year | 17 | €8,465 | €18,781 | +€10,316 | +122% |
| Financial debts | 170/4 | €8,465 | €18,781 | +€10,316 | +122% |
| Amounts payable within one year | 42/48 | €15,172 | €11,372 | -€3,800 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €6,016 | €6,016 | = | 0.0% |
| Trade debts | 44 | €2,375 | €1,231 | -€1,144 | -48.2% |
| Suppliers | 440/4 | €2,375 | €1,231 | -€1,144 | -48.2% |
| Taxes, remuneration and social security | 45 | €6,782 | €4,125 | -€2,656 | -39.2% |
| Taxes | 450/3 | €3,578 | €224 | -€3,354 | -93.7% |
| Remuneration and social security | 454/9 | €3,203 | €3,901 | +€698 | +21.8% |
| Remuneration, social security and pensions | 62 | €5,419 | €10,839 | +€5,419 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,782 | €7,986 | +€2,204 | +38.1% |
| Other operating charges | 640/8 | - | €773 | +€773 | |
| Non-recurring operating charges | 66A | - | €1,092 | +€1,092 | |
| Gross operating margin | 9900 | €20,647 | €11,515 | -€9,132 | -44.2% |
| Operating profit (loss) | 9901 | €9,446 | -€9,174 | -€18,619 | |
| Financial income | 75/76B | €257 | €288 | +€31 | +12.1% |
| Recurring financial income | 75 | €257 | €288 | +€31 | +12.1% |
| Financial charges | 65/66B | €280 | €370 | +€90 | +32.1% |
| Recurring financial charges | 65 | €280 | €370 | +€90 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | €9,422 | -€9,256 | -€18,678 | |
| Profit (loss) for the period | 9904 | €9,422 | -€9,256 | -€18,678 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,422 | -€9,256 | -€18,678 |
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 27 October 2026 via checked.be.