TMA Technics: 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 Technics
Largest movements
- Receivables within one year -€572,678
down €572,678 (-85.8%), from €667,642 to €94,964
of which Trade receivables: -€524,261
- Cash +€333,601
up €333,601 (+1227.7%), from €27,172 to €360,773
mainly Receivables within one year (+€572,678) and Net result for the year (+€61,546)
- Tangible fixed assets -€7,651
down €7,651 (-30.7%), from €24,903 to €17,252
of which Furniture and vehicles: -€7,651
- Trade debts -€255,294
down €255,294 (-63.5%), from €401,955 to €146,661
- Reserves +€32,975
up €32,975 (+11.9%), from €278,029 to €311,003
of which Distributable reserves: +€32,975
- Tax, wage and social debts -€18,172
down €18,172 (-57.4%), from €31,655 to €13,483
of which Taxes: -€17,464
- Gross operating margin +€28,112
up €28,112 (+16.1%), from €174,358 to €202,471
- Staff costs +€10,295
up €10,295 (+10.0%), from €102,967 to €113,262
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 | €730,916 | €490,443 | -€240,474 | -32.9% |
| Fixed assets | 21/28 | €24,903 | €17,252 | -€7,651 | -30.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €24,903 | €17,252 | -€7,651 | -30.7% |
| Furniture and vehicles | 24 | €24,903 | €17,252 | -€7,651 | -30.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €706,014 | €473,191 | -€232,823 | -33.0% |
| Stocks and contracts in progress | 3 | €4,331 | €11,522 | +€7,191 | +166.0% |
| Stocks | 30/36 | €4,021 | €7,812 | +€3,791 | +94.3% |
| Contracts in progress | 37 | €310 | €3,710 | +€3,400 | +1096.8% |
| Amounts receivable within one year | 40/41 | €667,642 | €94,964 | -€572,678 | -85.8% |
| Trade receivables | 40 | €600,592 | €76,331 | -€524,261 | -87.3% |
| Other amounts receivable | 41 | €67,050 | €18,632 | -€48,417 | -72.2% |
| Cash at bank and in hand | 54/58 | €27,172 | €360,773 | +€333,601 | +1227.7% |
| Deferred charges and accrued income | 490/1 | €6,869 | €5,932 | -€937 | -13.6% |
| Total equity and liabilities | 10/49 | €730,916 | €490,443 | -€240,474 | -32.9% |
| Equity | 10/15 | €296,629 | €329,603 | +€32,975 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €278,029 | €311,003 | +€32,975 | +11.9% |
| Tax-exempt reserves | 132 | €1,694 | €1,694 | = | 0.0% |
| Distributable reserves | 133 | €276,335 | €309,309 | +€32,975 | +11.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €434,288 | €160,839 | -€273,448 | -63.0% |
| Amounts payable within one year | 42/48 | €434,288 | €160,839 | -€273,448 | -63.0% |
| Trade debts | 44 | €401,955 | €146,661 | -€255,294 | -63.5% |
| Suppliers | 440/4 | €401,955 | €146,661 | -€255,294 | -63.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €31,655 | €13,483 | -€18,172 | -57.4% |
| Taxes | 450/3 | €18,844 | €1,381 | -€17,464 | -92.7% |
| Remuneration and social security | 454/9 | €12,810 | €12,102 | -€708 | -5.5% |
| Other amounts payable | 47/48 | €678 | €696 | +€18 | +2.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €102,967 | €113,262 | +€10,295 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,138 | €9,302 | -€1,836 | -16.5% |
| Other operating charges | 640/8 | €4,312 | €2,495 | -€1,817 | -42.1% |
| Gross operating margin | 9900 | €174,358 | €202,471 | +€28,112 | +16.1% |
| Operating profit (loss) | 9901 | €55,942 | €77,412 | +€21,470 | +38.4% |
| Financial income | 75/76B | €3,960 | €2,014 | -€1,946 | -49.1% |
| Recurring financial income | 75 | €3,960 | €2,014 | -€1,946 | -49.1% |
| Financial charges | 65/66B | €904 | €1,264 | +€360 | +39.8% |
| Recurring financial charges | 65 | €904 | €1,264 | +€360 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €58,998 | €78,163 | +€19,165 | +32.5% |
| Income taxes | 67/77 | €18,014 | €16,617 | -€1,397 | -7.8% |
| Profit (loss) for the period | 9904 | €40,984 | €61,546 | +€20,562 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,984 | €61,546 | +€20,562 | +50.2% |
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 8 October 2026 via checked.be.