TMA CONSTRUCT SOLUTIONS: 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.
TMA CONSTRUCT SOLUTIONS
Largest movements
- Receivables within one year +€36,065
up €36,065 (+88.9%), from €40,551 to €76,615
of which Other amounts receivable: +€29,020
- Cash -€7,691
down €7,691 (-80.1%), from €9,601 to €1,910
mainly Receivables within one year (-€36,065)
- Tax, wage and social debts +€13,801
up €13,801 (+172.4%), from €8,005 to €21,806
of which Remuneration and social security: +€10,801
- Trade debts +€7,171
up €7,171 (+1990.4%), from €360 to €7,532
- Profit (loss) carried forward +€7,066
up €7,066 (+17.2%), from €41,139 to €48,205
- Gross operating margin -€17,136
down €17,136 (-64.4%), from €26,617 to €9,480
- Other operating charges -€6,461
down €6,461 (-91.8%), from €7,038 to €578
- Financial income +€1,717
new in 2025: €1,717
- Taxes -€1,550
down €1,550 (-34.1%), from €4,550 to €3,000
- Depreciation -€729
down €729 (-68.5%), from €1,065 to €336
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 | €50,505 | €78,543 | +€28,038 | +55.5% |
| Fixed assets | 21/28 | €353 | €17 | -€336 | -95.1% |
| Tangible fixed assets | 22/27 | €353 | €17 | -€336 | -95.1% |
| Plant, machinery and equipment | 23 | €353 | €17 | -€336 | -95.1% |
| Current assets | 29/58 | €50,151 | €78,525 | +€28,374 | +56.6% |
| Amounts receivable within one year | 40/41 | €40,551 | €76,615 | +€36,065 | +88.9% |
| Trade receivables | 40 | €2,676 | €9,720 | +€7,044 | +263.2% |
| Other amounts receivable | 41 | €37,875 | €66,895 | +€29,020 | +76.6% |
| Cash at bank and in hand | 54/58 | €9,601 | €1,910 | -€7,691 | -80.1% |
| Total equity and liabilities | 10/49 | €50,505 | €78,543 | +€28,038 | +55.5% |
| Equity | 10/15 | €42,139 | €49,205 | +€7,066 | +16.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,139 | €48,205 | +€7,066 | +17.2% |
| Amounts payable | 17/49 | €8,365 | €29,338 | +€20,972 | +250.7% |
| Amounts payable within one year | 42/48 | €8,365 | €29,338 | +€20,972 | +250.7% |
| Trade debts | 44 | €360 | €7,532 | +€7,171 | +1990.4% |
| Suppliers | 440/4 | €360 | €7,532 | +€7,171 | +1990.4% |
| Taxes, remuneration and social security | 45 | €8,005 | €21,806 | +€13,801 | +172.4% |
| Taxes | 450/3 | €8,005 | €11,005 | +€3,000 | +37.5% |
| Remuneration and social security | 454/9 | - | €10,801 | +€10,801 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,065 | €336 | -€729 | -68.5% |
| Other operating charges | 640/8 | €7,038 | €578 | -€6,461 | -91.8% |
| Gross operating margin | 9900 | €26,617 | €9,480 | -€17,136 | -64.4% |
| Operating profit (loss) | 9901 | €18,514 | €8,567 | -€9,947 | -53.7% |
| Financial income | 75/76B | - | €1,717 | +€1,717 | |
| Recurring financial income | 75 | - | €1,717 | +€1,717 | |
| Financial charges | 65/66B | €297 | €218 | -€78 | -26.3% |
| Recurring financial charges | 65 | €297 | €218 | -€78 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €18,217 | €10,066 | -€8,151 | -44.7% |
| Income taxes | 67/77 | €4,550 | €3,000 | -€1,550 | -34.1% |
| Profit (loss) for the period | 9904 | €13,667 | €7,066 | -€6,601 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,667 | €7,066 | -€6,601 | -48.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.