TMA HORECA: 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.
TMA HORECA
Largest movements
- Receivables within one year -€11,347
down €11,347 (-61.0%), from €18,612 to €7,265
of which Trade receivables: -€12,259
- Stocks and contracts +€6,996
up €6,996 (+458%), from €1,527 to €8,523
- Cash -€5,698
down €5,698 (-51.5%), from €11,073 to €5,375
mainly Other debts (-€44,565) and Trade debts (-€14,174)
- Tangible fixed assets +€4,364
up €4,364 (+76.7%), from €5,689 to €10,053
of which Furniture and vehicles: +€2,714
- Debts after one year +€50,000
new in 2024: €50,000
- Other debts -€44,565
down €44,565 (-86.7%), from €51,402 to €6,837
- Trade debts -€14,174
down €14,174 (-39.4%), from €35,998 to €21,824
- Tax, wage and social debts +€13,859
up €13,859 (+44.5%), from €31,169 to €45,028
of which Remuneration and social security: +€10,339
- Profit (loss) carried forward -€10,806
down €10,806 (-12.5%), from -€86,213 to -€97,019
- Gross operating margin +€82,905
up €82,905 (+110%), from €75,178 to €158,084
- Staff costs +€44,016
up €44,016 (+39.5%), from €111,449 to €155,465
- Other operating charges +€7,152
up €7,152 (+179%), from €3,990 to €11,142
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,355 | €31,670 | -€5,685 | -15.2% |
| Fixed assets | 21/28 | €5,864 | €10,228 | +€4,364 | +74.4% |
| Tangible fixed assets | 22/27 | €5,689 | €10,053 | +€4,364 | +76.7% |
| Furniture and vehicles | 24 | €1,863 | €4,577 | +€2,714 | +146% |
| Other tangible fixed assets | 26 | €3,826 | €5,477 | +€1,651 | +43.1% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €31,491 | €21,441 | -€10,049 | -31.9% |
| Stocks and contracts in progress | 3 | €1,527 | €8,523 | +€6,996 | +458% |
| Stocks | 30/36 | €1,527 | €8,523 | +€6,996 | +458% |
| Amounts receivable within one year | 40/41 | €18,612 | €7,265 | -€11,347 | -61.0% |
| Trade receivables | 40 | €18,215 | €5,957 | -€12,259 | -67.3% |
| Other amounts receivable | 41 | €397 | €1,309 | +€912 | +230% |
| Cash at bank and in hand | 54/58 | €11,073 | €5,375 | -€5,698 | -51.5% |
| Deferred charges and accrued income | 490/1 | €278 | €277 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €37,355 | €31,670 | -€5,685 | -15.2% |
| Equity | 10/15 | -€81,213 | -€92,019 | -€10,806 | -13.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,213 | -€97,019 | -€10,806 | -12.5% |
| Amounts payable | 17/49 | €118,568 | €123,689 | +€5,121 | +4.3% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Other amounts payable | 178/9 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €118,568 | €73,689 | -€44,879 | -37.9% |
| Trade debts | 44 | €35,998 | €21,824 | -€14,174 | -39.4% |
| Suppliers | 440/4 | €35,998 | €21,824 | -€14,174 | -39.4% |
| Taxes, remuneration and social security | 45 | €31,169 | €45,028 | +€13,859 | +44.5% |
| Taxes | 450/3 | €6,179 | €9,700 | +€3,520 | +57.0% |
| Remuneration and social security | 454/9 | €24,989 | €35,328 | +€10,339 | +41.4% |
| Other amounts payable | 47/48 | €51,402 | €6,837 | -€44,565 | -86.7% |
| Remuneration, social security and pensions | 62 | €111,449 | €155,465 | +€44,016 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €881 | €2,136 | +€1,255 | +143% |
| Other operating charges | 640/8 | €3,990 | €11,142 | +€7,152 | +179% |
| Gross operating margin | 9900 | €75,178 | €158,084 | +€82,905 | +110% |
| Operating profit (loss) | 9901 | -€41,142 | -€10,659 | +€30,482 | +74.1% |
| Financial income | 75/76B | €0 | €63 | +€63 | +625,000% |
| Recurring financial income | 75 | €0 | €63 | +€63 | +625,000% |
| Financial charges | 65/66B | €1,081 | €209 | -€872 | -80.7% |
| Recurring financial charges | 65 | €1,081 | €209 | -€872 | -80.7% |
| Profit (loss) for the period before taxes | 9903 | -€42,223 | -€10,806 | +€31,417 | +74.4% |
| Profit (loss) for the period | 9904 | -€42,223 | -€10,806 | +€31,417 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,223 | -€10,806 | +€31,417 | +74.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.