TMG CLAEYS: 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.
TMG CLAEYS
Largest movements
- Receivables within one year -€33,682
down €33,682 (-77.7%), from €43,373 to €9,691
of which Other amounts receivable: -€32,878
- Cash +€27,408
up €27,408 (+45.8%), from €59,807 to €87,215
mainly Receivables within one year (+€33,682) and Depreciation (+€31,369)
- Tangible fixed assets -€19,369
down €19,369 (-11.3%), from €170,676 to €151,306
of which Furniture and vehicles: -€29,343
- Stocks and contracts +€12,000
new in 2025: €12,000
- Debts after one year -€27,621
down €27,621 (-24.2%), from €114,195 to €86,574
- Contributions +€18,750
up €18,750 (+300%), from €6,250 to €25,000
- Other debts -€13,024
down €13,024 (-28.9%), from €45,002 to €31,978
- Accrued charges and deferred income +€3,323
up €3,323 (+361%), from €919 to €4,243
- Gross operating margin +€16,183
up €16,183 (+32.6%), from €49,670 to €65,853
- Depreciation +€14,194
up €14,194 (+82.6%), from €17,175 to €31,369
- Financial charges +€5,893
up €5,893 (+492%), from €1,198 to €7,092
- Taxes +€1,488
up €1,488 (+35.2%), from €4,226 to €5,714
- Other operating charges -€782
down €782 (-60.1%), from €1,302 to €520
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 | €276,344 | €260,870 | -€15,474 | -5.6% |
| Fixed assets | 21/28 | €170,676 | €151,306 | -€19,369 | -11.3% |
| Tangible fixed assets | 22/27 | €170,676 | €151,306 | -€19,369 | -11.3% |
| Plant, machinery and equipment | 23 | €1,475 | €11,449 | +€9,974 | +676% |
| Furniture and vehicles | 24 | €169,200 | €139,858 | -€29,343 | -17.3% |
| Current assets | 29/58 | €105,669 | €109,563 | +€3,895 | +3.7% |
| Stocks and contracts in progress | 3 | - | €12,000 | +€12,000 | |
| Contracts in progress | 37 | - | €12,000 | +€12,000 | |
| Amounts receivable within one year | 40/41 | €43,373 | €9,691 | -€33,682 | -77.7% |
| Trade receivables | 40 | €805 | - | -€805 | |
| Other amounts receivable | 41 | €42,569 | €9,691 | -€32,878 | -77.2% |
| Cash at bank and in hand | 54/58 | €59,807 | €87,215 | +€27,408 | +45.8% |
| Deferred charges and accrued income | 490/1 | €2,488 | €658 | -€1,830 | -73.6% |
| Total equity and liabilities | 10/49 | €276,344 | €260,870 | -€15,474 | -5.6% |
| Equity | 10/15 | €82,358 | €101,115 | +€18,756 | +22.8% |
| Contributions | 10/11 | €6,250 | €25,000 | +€18,750 | +300% |
| Reserves | 13 | €76,108 | €76,115 | +€6 | 0.0% |
| Distributable reserves | 133 | €76,108 | €76,115 | +€6 | 0.0% |
| Amounts payable | 17/49 | €193,986 | €159,755 | -€34,231 | -17.6% |
| Amounts payable after more than one year | 17 | €114,195 | €86,574 | -€27,621 | -24.2% |
| Financial debts | 170/4 | €114,195 | €86,574 | -€27,621 | -24.2% |
| Amounts payable within one year | 42/48 | €78,871 | €68,939 | -€9,933 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €26,630 | €27,621 | +€991 | +3.7% |
| Trade debts | 44 | €376 | €2,623 | +€2,247 | +598% |
| Suppliers | 440/4 | €376 | €2,623 | +€2,247 | +598% |
| Taxes, remuneration and social security | 45 | €6,864 | €6,717 | -€147 | -2.1% |
| Taxes | 450/3 | €3,864 | €6,717 | +€2,853 | +73.8% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €45,002 | €31,978 | -€13,024 | -28.9% |
| Accrued charges and deferred income | 492/3 | €919 | €4,243 | +€3,323 | +361% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,175 | €31,369 | +€14,194 | +82.6% |
| Other operating charges | 640/8 | €1,302 | €520 | -€782 | -60.1% |
| Gross operating margin | 9900 | €49,670 | €65,853 | +€16,183 | +32.6% |
| Operating profit (loss) | 9901 | €31,193 | €33,964 | +€2,771 | +8.9% |
| Financial income | 75/76B | - | €49 | +€49 | |
| Recurring financial income | 75 | - | €49 | +€49 | |
| Financial charges | 65/66B | €1,198 | €7,092 | +€5,893 | +492% |
| Recurring financial charges | 65 | €1,198 | €7,092 | +€5,893 | +492% |
| Profit (loss) for the period before taxes | 9903 | €29,995 | €26,921 | -€3,074 | -10.2% |
| Income taxes | 67/77 | €4,226 | €5,714 | +€1,488 | +35.2% |
| Profit (loss) for the period | 9904 | €25,768 | €21,206 | -€4,562 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,768 | €21,206 | -€4,562 | -17.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.