TMA 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 Solutions
Largest movements
- Cash +€88,191
up €88,191 (+205.3%), from €42,949 to €131,140
mainly Net result for the year (+€63,438) and Receivables within one year (+€43,198)
- Receivables within one year -€43,198
down €43,198 (-96.6%), from €44,709 to €1,511
of which Trade receivables: -€43,275
- Tangible fixed assets -€25,315
down €25,315 (-21.0%), from €120,493 to €95,178
- Reserves +€63,438
up €63,438 (+47.6%), from €133,178 to €196,616
- Tax, wage and social debts -€44,011
down €44,011 (-62.0%), from €71,012 to €27,000
of which Taxes: -€43,273
- Gross operating margin -€82,115
down €82,115 (-41.4%), from €198,489 to €116,374
- Taxes -€32,061
down €32,061 (-54.7%), from €58,638 to €26,576
- Depreciation +€19,235
up €19,235 (+316.4%), from €6,080 to €25,315
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 | €212,076 | €230,304 | +€18,228 | +8.6% |
| Fixed assets | 21/28 | €120,493 | €95,178 | -€25,315 | -21.0% |
| Tangible fixed assets | 22/27 | €120,493 | €95,178 | -€25,315 | -21.0% |
| Furniture and vehicles | 24 | €120,493 | €95,178 | -€25,315 | -21.0% |
| Current assets | 29/58 | €91,584 | €135,126 | +€43,542 | +47.5% |
| Amounts receivable within one year | 40/41 | €44,709 | €1,511 | -€43,198 | -96.6% |
| Trade receivables | 40 | €44,709 | €1,434 | -€43,275 | -96.8% |
| Other amounts receivable | 41 | - | €77 | +€77 | |
| Cash at bank and in hand | 54/58 | €42,949 | €131,140 | +€88,191 | +205.3% |
| Deferred charges and accrued income | 490/1 | €3,926 | €2,475 | -€1,451 | -37.0% |
| Total equity and liabilities | 10/49 | €212,076 | €230,304 | +€18,228 | +8.6% |
| Equity | 10/15 | €137,178 | €200,616 | +€63,438 | +46.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €133,178 | €196,616 | +€63,438 | +47.6% |
| Distributable reserves | 133 | €133,178 | €196,616 | +€63,438 | +47.6% |
| Amounts payable | 17/49 | €74,898 | €29,688 | -€45,211 | -60.4% |
| Amounts payable within one year | 42/48 | €74,898 | €29,688 | -€45,211 | -60.4% |
| Trade debts | 44 | €3,887 | €2,357 | -€1,529 | -39.3% |
| Suppliers | 440/4 | €3,887 | €2,357 | -€1,529 | -39.3% |
| Taxes, remuneration and social security | 45 | €71,012 | €27,000 | -€44,011 | -62.0% |
| Taxes | 450/3 | €70,273 | €27,000 | -€43,273 | -61.6% |
| Remuneration and social security | 454/9 | €738 | - | -€738 | |
| Other amounts payable | 47/48 | - | €330 | +€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,080 | €25,315 | +€19,235 | +316.4% |
| Other operating charges | 640/8 | €566 | €962 | +€395 | +69.8% |
| Gross operating margin | 9900 | €198,489 | €116,374 | -€82,115 | -41.4% |
| Operating profit (loss) | 9901 | €191,843 | €90,098 | -€101,745 | -53.0% |
| Financial charges | 65/66B | €27 | €83 | +€56 | +211.2% |
| Recurring financial charges | 65 | €27 | €83 | +€56 | +211.2% |
| Profit (loss) for the period before taxes | 9903 | €191,816 | €90,015 | -€101,801 | -53.1% |
| Income taxes | 67/77 | €58,638 | €26,576 | -€32,061 | -54.7% |
| Profit (loss) for the period | 9904 | €133,178 | €63,438 | -€69,740 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €133,178 | €63,438 | -€69,740 | -52.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.