TMB BURO: 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.
TMB BURO
Largest movements
- Cash +€32,175
up €32,175 (+21.4%), from €150,337 to €182,511
mainly Other debts (+€82,253) and Net result for the year (+€77,540)
- Receivables after one year -€27,645
down €27,645 (-89.1%), from €31,041 to €3,396
- Tangible fixed assets -€8,775
down €8,775 (-100%), from €8,775 to €0
- Receivables within one year +€2,775
up €2,775 (+11.9%), from €23,257 to €26,032
of which Trade receivables: +€2,420
- Other debts +€82,253
up €82,253 (+1,529%), from €5,378 to €87,630
- Reserves -€54,001
down €54,001 (-37.5%), from €144,191 to €90,190
- Tax, wage and social debts -€18,308
down €18,308 (-43.2%), from €42,338 to €24,030
of which Taxes: -€18,308
- Debts after one year -€8,211
down €8,211 (-100%), from €8,211 to €0
- Current portion of long-term debt -€3,978
down €3,978 (-32.6%), from €12,189 to €8,211
- Gross operating margin +€26,191
up €26,191 (+31.8%), from €82,255 to €108,446
- Taxes +€6,421
up €6,421 (+42.7%), from €15,037 to €21,458
- Depreciation -€4,912
down €4,912 (-35.9%), from €13,687 to €8,775
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 | €213,893 | €211,939 | -€1,954 | -0.9% |
| Fixed assets | 21/28 | €8,775 | €0 | -€8,775 | -100% |
| Tangible fixed assets | 22/27 | €8,775 | €0 | -€8,775 | -100% |
| Furniture and vehicles | 24 | €8,775 | €0 | -€8,775 | -100% |
| Current assets | 29/58 | €205,119 | €211,939 | +€6,820 | +3.3% |
| Amounts receivable after more than one year | 29 | €31,041 | €3,396 | -€27,645 | -89.1% |
| Other amounts receivable | 291 | €31,041 | €3,396 | -€27,645 | -89.1% |
| Amounts receivable within one year | 40/41 | €23,257 | €26,032 | +€2,775 | +11.9% |
| Trade receivables | 40 | €20,674 | €23,094 | +€2,420 | +11.7% |
| Other amounts receivable | 41 | €2,583 | €2,938 | +€355 | +13.7% |
| Cash at bank and in hand | 54/58 | €150,337 | €182,511 | +€32,175 | +21.4% |
| Deferred charges and accrued income | 490/1 | €484 | €0 | -€484 | -100% |
| Total equity and liabilities | 10/49 | €213,893 | €211,939 | -€1,954 | -0.9% |
| Equity | 10/15 | €145,191 | €91,190 | -€54,001 | -37.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €144,191 | €90,190 | -€54,001 | -37.5% |
| Distributable reserves | 133 | €144,191 | €90,190 | -€54,001 | -37.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €68,703 | €120,749 | +€52,046 | +75.8% |
| Amounts payable after more than one year | 17 | €8,211 | €0 | -€8,211 | -100% |
| Financial debts | 170/4 | €8,211 | €0 | -€8,211 | -100% |
| Amounts payable within one year | 42/48 | €60,315 | €120,359 | +€60,044 | +99.6% |
| Current portion of amounts payable after more than one year | 42 | €12,189 | €8,211 | -€3,978 | -32.6% |
| Trade debts | 44 | €409 | €487 | +€78 | +19.1% |
| Suppliers | 440/4 | €409 | €487 | +€78 | +19.1% |
| Taxes, remuneration and social security | 45 | €42,338 | €24,030 | -€18,308 | -43.2% |
| Taxes | 450/3 | €40,288 | €21,980 | -€18,308 | -45.4% |
| Remuneration and social security | 454/9 | €2,050 | €2,050 | = | 0.0% |
| Other amounts payable | 47/48 | €5,378 | €87,630 | +€82,253 | +1,529% |
| Accrued charges and deferred income | 492/3 | €177 | €390 | +€213 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,687 | €8,775 | -€4,912 | -35.9% |
| Other operating charges | 640/8 | €1,113 | €1,185 | +€72 | +6.4% |
| Gross operating margin | 9900 | €82,255 | €108,446 | +€26,191 | +31.8% |
| Operating profit (loss) | 9901 | €67,455 | €98,487 | +€31,031 | +46.0% |
| Financial income | 75/76B | €2,104 | €1,158 | -€945 | -44.9% |
| Recurring financial income | 75 | €2,104 | €1,158 | -€945 | -44.9% |
| Financial charges | 65/66B | €521 | €647 | +€126 | +24.1% |
| Recurring financial charges | 65 | €521 | €647 | +€126 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €69,038 | €98,998 | +€29,960 | +43.4% |
| Income taxes | 67/77 | €15,037 | €21,458 | +€6,421 | +42.7% |
| Profit (loss) for the period | 9904 | €54,001 | €77,540 | +€23,540 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,001 | €77,540 | +€23,540 | +43.6% |
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 19 October 2026 via checked.be.