TMA SERVICE: 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 SERVICE
Largest movements
- Receivables within one year +€41,605
up €41,605 (+2,949%), from €1,411 to €43,016
of which Trade receivables: +€37,809
- Cash +€10,133
up €10,133 (+295%), from €3,431 to €13,564
mainly Net result for the year (+€24,666) and Trade debts (+€13,488)
- Stocks and contracts +€5,300
up €5,300 (+166%), from €3,200 to €8,500
- Tangible fixed assets -€1,052
down €1,052 (-60.2%), from €1,748 to €696
of which Furniture and vehicles: -€852
- Profit (loss) carried forward +€24,666
up €24,666, from -€15,613 to €9,053
- Trade debts +€13,488
up €13,488 (+802%), from €1,681 to €15,169
- Other debts +€12,486
up €12,486 (+495%), from €2,524 to €15,010
- Tax, wage and social debts +€5,346
up €5,346 (+28.0%), from €19,120 to €24,466
of which Taxes: +€5,909
- Staff costs -€34,713
no longer reported in 2025 (was €34,713)
- Gross operating margin +€7,855
up €7,855 (+37.3%), from €21,057 to €28,912
- Taxes +€2,160
new in 2025: €2,160
- Financial charges -€970
down €970 (-48.4%), from €2,004 to €1,034
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 | €11,712 | €67,698 | +€55,986 | +478% |
| Fixed assets | 21/28 | €3,670 | €2,618 | -€1,052 | -28.7% |
| Tangible fixed assets | 22/27 | €1,748 | €696 | -€1,052 | -60.2% |
| Furniture and vehicles | 24 | €1,059 | €207 | -€852 | -80.5% |
| Other tangible fixed assets | 26 | €689 | €489 | -€200 | -29.0% |
| Financial fixed assets | 28 | €1,922 | €1,922 | = | 0.0% |
| Current assets | 29/58 | €8,042 | €65,080 | +€57,038 | +709% |
| Stocks and contracts in progress | 3 | €3,200 | €8,500 | +€5,300 | +166% |
| Stocks | 30/36 | €3,200 | €8,500 | +€5,300 | +166% |
| Amounts receivable within one year | 40/41 | €1,411 | €43,016 | +€41,605 | +2,949% |
| Trade receivables | 40 | €1,394 | €39,203 | +€37,809 | +2,712% |
| Other amounts receivable | 41 | €17 | €3,813 | +€3,796 | +22,329% |
| Cash at bank and in hand | 54/58 | €3,431 | €13,564 | +€10,133 | +295% |
| Total equity and liabilities | 10/49 | €11,712 | €67,698 | +€55,986 | +478% |
| Equity | 10/15 | -€11,613 | €13,053 | +€24,666 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,613 | €9,053 | +€24,666 | |
| Amounts payable | 17/49 | €23,325 | €54,645 | +€31,320 | +134% |
| Amounts payable within one year | 42/48 | €23,325 | €54,645 | +€31,320 | +134% |
| Trade debts | 44 | €1,681 | €15,169 | +€13,488 | +802% |
| Suppliers | 440/4 | €1,681 | €15,169 | +€13,488 | +802% |
| Taxes, remuneration and social security | 45 | €19,120 | €24,466 | +€5,346 | +28.0% |
| Taxes | 450/3 | €2,688 | €8,597 | +€5,909 | +220% |
| Remuneration and social security | 454/9 | €16,432 | €15,869 | -€563 | -3.4% |
| Other amounts payable | 47/48 | €2,524 | €15,010 | +€12,486 | +495% |
| Remuneration, social security and pensions | 62 | €34,713 | - | -€34,713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,052 | €1,052 | = | 0.0% |
| Gross operating margin | 9900 | €21,057 | €28,912 | +€7,855 | +37.3% |
| Operating profit (loss) | 9901 | -€14,708 | €27,860 | +€42,568 | |
| Financial charges | 65/66B | €2,004 | €1,034 | -€970 | -48.4% |
| Recurring financial charges | 65 | €2,004 | €1,034 | -€970 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,712 | €26,826 | +€43,538 | |
| Income taxes | 67/77 | - | €2,160 | +€2,160 | |
| Profit (loss) for the period | 9904 | -€16,712 | €24,666 | +€41,378 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,712 | €24,666 | +€41,378 |
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 28 October 2026 via checked.be.