TMB-TEX: 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-TEX
Largest movements
- Stocks and contracts -€15,944
down €15,944 (-40.1%), from €39,755 to €23,812
- Receivables within one year -€11,505
down €11,505 (-92.7%), from €12,408 to €902
of which Trade receivables: -€10,069
- Tangible fixed assets +€4,659
up €4,659 (+49.4%), from €9,424 to €14,083
of which Furniture and vehicles: +€6,981
- Cash -€1,240
down €1,240 (-15.0%), from €8,282 to €7,041
mainly Other debts (-€13,946) and Trade debts (-€5,591)
- Other debts -€13,946
down €13,946 (-22.1%), from €63,160 to €49,213
- Trade debts -€5,591
down €5,591 (-36.1%), from €15,473 to €9,882
- Tax, wage and social debts -€5,573
down €5,573 (-98.5%), from €5,658 to €85
- Profit (loss) carried forward +€1,080
up €1,080 (+6.1%), from -€17,702 to -€16,622
- Purchases and services -€47,015
down €47,015 (-49.4%), from €95,079 to €48,065
- Turnover -€46,613
down €46,613 (-47.8%), from €97,503 to €50,890
- Staff costs -€3,520
down €3,520 (-99.5%), from €3,537 to €17
- Depreciation -€2,815
down €2,815 (-89.6%), from €3,140 to €325
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,589 | €52,558 | -€24,030 | -31.4% |
| Fixed assets | 21/28 | €16,144 | €20,803 | +€4,659 | +28.9% |
| Tangible fixed assets | 22/27 | €9,424 | €14,083 | +€4,659 | +49.4% |
| Plant, machinery and equipment | 23 | €9,424 | €7,102 | -€2,322 | -24.6% |
| Furniture and vehicles | 24 | - | €6,981 | +€6,981 | |
| Financial fixed assets | 28 | €6,720 | €6,720 | = | 0.0% |
| Current assets | 29/58 | €60,445 | €31,756 | -€28,689 | -47.5% |
| Stocks and contracts in progress | 3 | €39,755 | €23,812 | -€15,944 | -40.1% |
| Stocks | 30/36 | €39,755 | €23,812 | -€15,944 | -40.1% |
| Amounts receivable within one year | 40/41 | €12,408 | €902 | -€11,505 | -92.7% |
| Trade receivables | 40 | €10,069 | - | -€10,069 | |
| Other amounts receivable | 41 | €2,339 | €902 | -€1,436 | -61.4% |
| Cash at bank and in hand | 54/58 | €8,282 | €7,041 | -€1,240 | -15.0% |
| Total equity and liabilities | 10/49 | €76,589 | €52,558 | -€24,030 | -31.4% |
| Equity | 10/15 | -€7,702 | -€6,622 | +€1,080 | +14.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,702 | -€16,622 | +€1,080 | +6.1% |
| Amounts payable | 17/49 | €84,291 | €59,180 | -€25,110 | -29.8% |
| Amounts payable within one year | 42/48 | €84,291 | €59,180 | -€25,110 | -29.8% |
| Trade debts | 44 | €15,473 | €9,882 | -€5,591 | -36.1% |
| Suppliers | 440/4 | €15,473 | €9,882 | -€5,591 | -36.1% |
| Taxes, remuneration and social security | 45 | €5,658 | €85 | -€5,573 | -98.5% |
| Taxes | 450/3 | €5,658 | €85 | -€5,573 | -98.5% |
| Other amounts payable | 47/48 | €63,160 | €49,213 | -€13,946 | -22.1% |
| Turnover | 70 | €97,503 | €50,890 | -€46,613 | -47.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €95,079 | €48,065 | -€47,015 | -49.4% |
| Remuneration, social security and pensions | 62 | €3,537 | €17 | -€3,520 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,140 | €325 | -€2,815 | -89.6% |
| Other operating charges | 640/8 | €442 | €1,235 | +€793 | +179.6% |
| Gross operating margin | 9900 | €2,424 | €2,825 | +€401 | +16.6% |
| Operating profit (loss) | 9901 | -€4,695 | €1,248 | +€5,943 | |
| Financial charges | 65/66B | €153 | €168 | +€15 | +10.1% |
| Recurring financial charges | 65 | €153 | €168 | +€15 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,847 | €1,080 | +€5,928 | |
| Profit (loss) for the period | 9904 | -€4,847 | €1,080 | +€5,928 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,847 | €1,080 | +€5,928 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.