TMB 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.
TMB Technics
Largest movements
- Receivables within one year -€46,361
down €46,361 (-76.2%), from €60,851 to €14,490
of which Trade receivables: -€35,133
- Tangible fixed assets -€9,355
down €9,355 (-5.9%), from €159,067 to €149,711
of which Land and buildings: -€9,739
- Cash +€7,658
up €7,658 (+19.1%), from €40,194 to €47,853
mainly Receivables within one year (+€46,361) and Net result for the year (+€34,195)
- Trade debts -€35,082
down €35,082 (-93.9%), from €37,377 to €2,295
- Reserves +€34,000
up €34,000 (+30.9%), from €110,000 to €144,000
- Other debts -€27,378
down €27,378 (-95.9%), from €28,562 to €1,183
- Tax, wage and social debts -€13,350
down €13,350 (-95.6%), from €13,965 to €615
- Debts after one year -€7,864
down €7,864 (-8.8%), from €89,367 to €81,504
- Gross operating margin +€16,668
up €16,668 (+40.3%), from €41,329 to €57,997
- Staff costs -€16,532
down €16,532 (-100.0%), from €16,532 to €0
- Taxes +€8,679
up €8,679 (+280.8%), from €3,090 to €11,769
- Other operating charges +€1,033
up €1,033 (+2946.7%), from €35 to €1,068
- Financial income -€768
down €768 (-34.7%), from €2,212 to €1,444
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 | €289,365 | €240,014 | -€49,351 | -17.1% |
| Fixed assets | 21/28 | €159,067 | €149,711 | -€9,355 | -5.9% |
| Tangible fixed assets | 22/27 | €159,067 | €149,711 | -€9,355 | -5.9% |
| Land and buildings | 22 | €156,887 | €147,148 | -€9,739 | -6.2% |
| Furniture and vehicles | 24 | €2,180 | €2,563 | +€384 | +17.6% |
| Current assets | 29/58 | €130,298 | €90,303 | -€39,995 | -30.7% |
| Stocks and contracts in progress | 3 | €17,993 | €18,247 | +€254 | +1.4% |
| Stocks | 30/36 | €17,993 | €18,247 | +€254 | +1.4% |
| Amounts receivable within one year | 40/41 | €60,851 | €14,490 | -€46,361 | -76.2% |
| Trade receivables | 40 | €39,097 | €3,965 | -€35,133 | -89.9% |
| Other amounts receivable | 41 | €21,754 | €10,526 | -€11,228 | -51.6% |
| Cash at bank and in hand | 54/58 | €40,194 | €47,853 | +€7,658 | +19.1% |
| Deferred charges and accrued income | 490/1 | €11,260 | €9,713 | -€1,547 | -13.7% |
| Total equity and liabilities | 10/49 | €289,365 | €240,014 | -€49,351 | -17.1% |
| Equity | 10/15 | €112,358 | €146,553 | +€34,195 | +30.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €110,000 | €144,000 | +€34,000 | +30.9% |
| Distributable reserves | 133 | €110,000 | €144,000 | +€34,000 | +30.9% |
| Profit (loss) carried forward | 14 | €358 | €553 | +€195 | +54.4% |
| Amounts payable | 17/49 | €177,007 | €93,461 | -€83,546 | -47.2% |
| Amounts payable after more than one year | 17 | €89,367 | €81,504 | -€7,864 | -8.8% |
| Financial debts | 170/4 | €89,367 | €81,504 | -€7,864 | -8.8% |
| Amounts payable within one year | 42/48 | €87,639 | €11,957 | -€75,682 | -86.4% |
| Current portion of amounts payable after more than one year | 42 | €7,736 | €7,864 | +€128 | +1.7% |
| Trade debts | 44 | €37,377 | €2,295 | -€35,082 | -93.9% |
| Suppliers | 440/4 | €37,377 | €2,295 | -€35,082 | -93.9% |
| Taxes, remuneration and social security | 45 | €13,965 | €615 | -€13,350 | -95.6% |
| Taxes | 450/3 | €13,965 | €615 | -€13,350 | -95.6% |
| Other amounts payable | 47/48 | €28,562 | €1,183 | -€27,378 | -95.9% |
| Remuneration, social security and pensions | 62 | €16,532 | €0 | -€16,532 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,971 | €10,493 | +€523 | +5.2% |
| Other operating charges | 640/8 | €35 | €1,068 | +€1,033 | +2946.7% |
| Gross operating margin | 9900 | €41,329 | €57,997 | +€16,668 | +40.3% |
| Operating profit (loss) | 9901 | €14,791 | €46,436 | +€31,644 | +213.9% |
| Financial income | 75/76B | €2,212 | €1,444 | -€768 | -34.7% |
| Recurring financial income | 75 | €2,212 | €1,444 | -€768 | -34.7% |
| Financial charges | 65/66B | €1,874 | €1,915 | +€41 | +2.2% |
| Recurring financial charges | 65 | €1,874 | €1,915 | +€41 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €15,129 | €45,964 | +€30,835 | +203.8% |
| Income taxes | 67/77 | €3,090 | €11,769 | +€8,679 | +280.8% |
| Profit (loss) for the period | 9904 | €12,039 | €34,195 | +€22,156 | +184.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,039 | €34,195 | +€22,156 | +184.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.