TMC-SERVICE: 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.
TMC-SERVICE
Largest movements
- Cash +€15,274
up €15,274 (+123%), from €12,414 to €27,688
mainly Net result for the year (+€21,538) and Receivables within one year (+€15,262)
- Receivables within one year -€15,262
down €15,262 (-28.6%), from €53,296 to €38,034
of which Trade receivables: -€21,133
- Tangible fixed assets +€12,673
up €12,673 (+42.0%), from €30,174 to €42,847
of which Furniture and vehicles: +€10,989
- Reserves +€21,538
up €21,538 (+77.2%), from €27,917 to €49,455
- Trade debts -€15,120
down €15,120 (-47.4%), from €31,911 to €16,791
- Tax, wage and social debts +€11,577
up €11,577 (+99.0%), from €11,691 to €23,269
of which Taxes: +€10,077
- Other debts -€4,297
down €4,297 (-37.6%), from €11,443 to €7,146
- Gross operating margin +€28,505
up €28,505 (+131%), from €21,825 to €50,329
- Taxes +€6,854
up €6,854 (+192%), from €3,566 to €10,420
- Depreciation +€5,284
up €5,284 (+81.1%), from €6,519 to €11,803
- Other operating charges +€4,599
up €4,599 (+357%), from €1,287 to €5,887
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 | €105,332 | €119,030 | +€13,698 | +13.0% |
| Fixed assets | 21/28 | €30,174 | €42,847 | +€12,673 | +42.0% |
| Tangible fixed assets | 22/27 | €30,174 | €42,847 | +€12,673 | +42.0% |
| Land and buildings | 22 | €423 | €179 | -€244 | -57.6% |
| Plant, machinery and equipment | 23 | €10,313 | €13,760 | +€3,447 | +33.4% |
| Furniture and vehicles | 24 | €6,663 | €17,652 | +€10,989 | +165% |
| Other tangible fixed assets | 26 | €12,775 | €11,255 | -€1,519 | -11.9% |
| Current assets | 29/58 | €75,158 | €76,183 | +€1,026 | +1.4% |
| Stocks and contracts in progress | 3 | €9,000 | €10,000 | +€1,000 | +11.1% |
| Stocks | 30/36 | €9,000 | €10,000 | +€1,000 | +11.1% |
| Amounts receivable within one year | 40/41 | €53,296 | €38,034 | -€15,262 | -28.6% |
| Trade receivables | 40 | €41,837 | €20,704 | -€21,133 | -50.5% |
| Other amounts receivable | 41 | €11,459 | €17,330 | +€5,871 | +51.2% |
| Cash at bank and in hand | 54/58 | €12,414 | €27,688 | +€15,274 | +123% |
| Deferred charges and accrued income | 490/1 | €447 | €461 | +€13 | +2.9% |
| Total equity and liabilities | 10/49 | €105,332 | €119,030 | +€13,698 | +13.0% |
| Equity | 10/15 | €50,286 | €71,824 | +€21,538 | +42.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €27,917 | €49,455 | +€21,538 | +77.2% |
| Distributable reserves | 133 | €27,917 | €49,455 | +€21,538 | +77.2% |
| Profit (loss) carried forward | 14 | €2,370 | €2,370 | = | 0.0% |
| Amounts payable | 17/49 | €55,046 | €47,206 | -€7,840 | -14.2% |
| Amounts payable within one year | 42/48 | €55,046 | €47,206 | -€7,840 | -14.2% |
| Trade debts | 44 | €31,911 | €16,791 | -€15,120 | -47.4% |
| Suppliers | 440/4 | €31,911 | €16,791 | -€15,120 | -47.4% |
| Taxes, remuneration and social security | 45 | €11,691 | €23,269 | +€11,577 | +99.0% |
| Taxes | 450/3 | €11,691 | €21,769 | +€10,077 | +86.2% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €11,443 | €7,146 | -€4,297 | -37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,519 | €11,803 | +€5,284 | +81.1% |
| Other operating charges | 640/8 | €1,287 | €5,887 | +€4,599 | +357% |
| Gross operating margin | 9900 | €21,825 | €50,329 | +€28,505 | +131% |
| Operating profit (loss) | 9901 | €14,019 | €32,640 | +€18,621 | +133% |
| Financial income | 75/76B | €8 | €2 | -€6 | -74.8% |
| Recurring financial income | 75 | €8 | €2 | -€6 | -74.8% |
| Financial charges | 65/66B | €955 | €684 | -€271 | -28.3% |
| Recurring financial charges | 65 | €955 | €684 | -€271 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €13,072 | €31,958 | +€18,886 | +144% |
| Income taxes | 67/77 | €3,566 | €10,420 | +€6,854 | +192% |
| Profit (loss) for the period | 9904 | €9,506 | €21,538 | +€12,032 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €9,506 | €21,538 | +€12,032 | +127% |
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 25 October 2026 via checked.be.