TM WOODS IMMO: 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 WOODS IMMO
Largest movements
- Cash -€8,096
down €8,096 (-73.2%), from €11,055 to €2,959
mainly Trade debts (-€23,887) and Current portion of long-term debt (-€2,490)
- Receivables within one year -€6,092
down €6,092 (-21.3%), from €28,661 to €22,569
of which Trade receivables: -€5,294
- Tangible fixed assets -€4,562
down €4,562 (-58.7%), from €7,774 to €3,212
- Trade debts -€23,887
down €23,887 (-81.3%), from €29,379 to €5,492
- Accrued charges and deferred income +€7,021
up €7,021 (+81.4%), from €8,623 to €15,644
- Profit (loss) carried forward +€4,556
up €4,556 (+16.7%), from -€27,323 to -€22,767
- Current portion of long-term debt -€2,490
no longer reported in 2025 (was €2,490)
- Debts after one year -€2,401
down €2,401 (-8.3%), from €28,815 to €26,414
- Gross operating margin +€27,305
up €27,305, from -€9,854 to €17,451
- Depreciation -€1,350
down €1,350 (-22.8%), from €5,913 to €4,563
- Taxes +€955
up €955 (+91.4%), from €1,045 to €2,000
- Other operating charges -€742
down €742 (-22.1%), from €3,355 to €2,613
- Financial charges +€262
up €262 (+7.5%), from €3,494 to €3,756
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 | €47,533 | €28,783 | -€18,750 | -39.4% |
| Fixed assets | 21/28 | €7,817 | €3,255 | -€4,562 | -58.4% |
| Tangible fixed assets | 22/27 | €7,774 | €3,212 | -€4,562 | -58.7% |
| Land and buildings | 22 | €4,732 | €3,018 | -€1,714 | -36.2% |
| Plant, machinery and equipment | 23 | €1,046 | €194 | -€852 | -81.5% |
| Leasing and similar rights | 25 | €1,996 | - | -€1,996 | |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €39,716 | €25,528 | -€14,188 | -35.7% |
| Amounts receivable within one year | 40/41 | €28,661 | €22,569 | -€6,092 | -21.3% |
| Trade receivables | 40 | €19,017 | €13,723 | -€5,294 | -27.8% |
| Other amounts receivable | 41 | €9,644 | €8,846 | -€798 | -8.3% |
| Cash at bank and in hand | 54/58 | €11,055 | €2,959 | -€8,096 | -73.2% |
| Total equity and liabilities | 10/49 | €47,533 | €28,783 | -€18,750 | -39.4% |
| Equity | 10/15 | -€23,323 | -€18,767 | +€4,556 | +19.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,323 | -€22,767 | +€4,556 | +16.7% |
| Amounts payable | 17/49 | €70,856 | €47,550 | -€23,306 | -32.9% |
| Amounts payable after more than one year | 17 | €28,815 | €26,414 | -€2,401 | -8.3% |
| Financial debts | 170/4 | €28,815 | €26,414 | -€2,401 | -8.3% |
| Amounts payable within one year | 42/48 | €33,418 | €5,492 | -€27,926 | -83.6% |
| Current portion of amounts payable after more than one year | 42 | €2,490 | - | -€2,490 | |
| Trade debts | 44 | €29,379 | €5,492 | -€23,887 | -81.3% |
| Suppliers | 440/4 | €29,379 | €5,492 | -€23,887 | -81.3% |
| Taxes, remuneration and social security | 45 | €1,549 | - | -€1,549 | |
| Taxes | 450/3 | €1,549 | - | -€1,549 | |
| Accrued charges and deferred income | 492/3 | €8,623 | €15,644 | +€7,021 | +81.4% |
| Remuneration, social security and pensions | 62 | - | €248 | +€248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,913 | €4,563 | -€1,350 | -22.8% |
| Other operating charges | 640/8 | €3,355 | €2,613 | -€742 | -22.1% |
| Non-recurring operating charges | 66A | €4,903 | - | -€4,903 | |
| Gross operating margin | 9900 | -€9,854 | €17,451 | +€27,305 | |
| Operating profit (loss) | 9901 | -€24,025 | €10,027 | +€34,052 | |
| Financial income | 75/76B | €358 | €283 | -€75 | -20.9% |
| Recurring financial income | 75 | €358 | €283 | -€75 | -20.9% |
| Financial charges | 65/66B | €3,494 | €3,756 | +€262 | +7.5% |
| Recurring financial charges | 65 | €3,494 | €3,756 | +€262 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,161 | €6,554 | +€33,715 | |
| Income taxes | 67/77 | €1,045 | €2,000 | +€955 | +91.4% |
| Profit (loss) for the period | 9904 | -€28,206 | €4,554 | +€32,760 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,206 | €4,554 | +€32,760 |
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 1 November 2026 via checked.be.