TMH SERVICES: 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.
TMH SERVICES
Largest movements
- Receivables within one year +€15,557
up €15,557 (+10088.5%), from €154 to €15,711
- Tangible fixed assets -€15,160
down €15,160 (-37.0%), from €41,018 to €25,858
- Cash +€975
up €975 (+15.2%), from €6,403 to €7,378
mainly Depreciation (+€15,160) and Net result for the year (+€8,102)
- Profit (loss) carried forward +€8,102
up €8,102, from -€1,382 to €6,721
- Trade debts -€6,260
down €6,260 (-20.5%), from €30,481 to €24,221
- Tax, wage and social debts -€5,662
down €5,662 (-41.9%), from €13,526 to €7,865
of which Remuneration and social security: -€6,147
- Other debts +€5,191
new in 2023: €5,191
- Turnover -€112,617
no longer reported in 2023 (was €112,617)
- Purchases and services -€102,822
no longer reported in 2023 (was €102,822)
- Gross operating margin +€17,190
up €17,190 (+172.4%), from €9,972 to €27,161
- Depreciation +€5,052
up €5,052 (+50.0%), from €10,108 to €15,160
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 | €49,626 | €50,997 | +€1,372 | +2.8% |
| Fixed assets | 21/28 | €41,096 | €25,936 | -€15,160 | -36.9% |
| Tangible fixed assets | 22/27 | €41,018 | €25,858 | -€15,160 | -37.0% |
| Furniture and vehicles | 24 | €41,018 | €25,858 | -€15,160 | -37.0% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €8,530 | €25,061 | +€16,531 | +193.8% |
| Amounts receivable within one year | 40/41 | €154 | €15,711 | +€15,557 | +10088.5% |
| Trade receivables | 40 | €154 | €15,711 | +€15,557 | +10088.5% |
| Cash at bank and in hand | 54/58 | €6,403 | €7,378 | +€975 | +15.2% |
| Deferred charges and accrued income | 490/1 | €1,972 | €1,972 | = | 0.0% |
| Total equity and liabilities | 10/49 | €49,626 | €50,997 | +€1,372 | +2.8% |
| Equity | 10/15 | €5,618 | €13,721 | +€8,102 | +144.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,382 | €6,721 | +€8,102 | |
| Amounts payable | 17/49 | €44,008 | €37,277 | -€6,731 | -15.3% |
| Amounts payable within one year | 42/48 | €44,008 | €37,277 | -€6,731 | -15.3% |
| Trade debts | 44 | €30,481 | €24,221 | -€6,260 | -20.5% |
| Suppliers | 440/4 | €30,481 | €24,221 | -€6,260 | -20.5% |
| Taxes, remuneration and social security | 45 | €13,526 | €7,865 | -€5,662 | -41.9% |
| Taxes | 450/3 | €3,146 | €3,632 | +€486 | +15.4% |
| Remuneration and social security | 454/9 | €10,380 | €4,233 | -€6,147 | -59.2% |
| Other amounts payable | 47/48 | - | €5,191 | +€5,191 | |
| Turnover | 70 | €112,617 | - | -€112,617 | |
| Goods, raw materials, services and sundry goods | 60/61 | €102,822 | - | -€102,822 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,108 | €15,160 | +€5,052 | +50.0% |
| Other operating charges | 640/8 | €3,423 | €3,792 | +€368 | +10.8% |
| Gross operating margin | 9900 | €9,972 | €27,161 | +€17,190 | +172.4% |
| Operating profit (loss) | 9901 | -€3,559 | €8,210 | +€11,769 | |
| Financial charges | 65/66B | €51 | €107 | +€56 | +110.1% |
| Recurring financial charges | 65 | €51 | €107 | +€56 | +110.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,611 | €8,102 | +€11,713 | |
| Profit (loss) for the period | 9904 | -€3,611 | €8,102 | +€11,713 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,611 | €8,102 | +€11,713 |
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 30 September 2026 via checked.be.