TMK DHZ: 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.
TMK DHZ
Largest movements
- Stocks and contracts +€16,085
up €16,085 (+18.5%), from €87,138 to €103,223
- Receivables within one year -€12,926
down €12,926 (-96.6%), from €13,382 to €456
of which Trade receivables: -€13,378
- Cash -€2,443
down €2,443 (-54.4%), from €4,487 to €2,044
mainly Stocks and contracts (-€16,085) and Advances received (-€7,980)
- Advances received -€7,980
no longer reported in 2025 (was €7,980)
- Other debts +€6,977
up €6,977 (+10.1%), from €69,122 to €76,099
- Trade debts -€6,230
down €6,230 (-44.1%), from €14,115 to €7,884
- Profit (loss) carried forward +€5,602
up €5,602 (+72.1%), from €7,769 to €13,370
- Tax, wage and social debts +€2,349
up €2,349 (+93.2%), from €2,521 to €4,869
of which Remuneration and social security: +€1,284
- Turnover -€93,934
down €93,934 (-71.1%), from €132,155 to €38,221
- Purchases and services -€91,782
down €91,782 (-76.0%), from €120,778 to €28,997
- Gross operating margin -€2,153
down €2,153 (-18.9%), from €11,377 to €9,224
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 | €109,506 | €110,223 | +€717 | +0.7% |
| Fixed assets | 21/28 | €4,500 | €4,500 | = | 0.0% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €105,006 | €105,723 | +€717 | +0.7% |
| Stocks and contracts in progress | 3 | €87,138 | €103,223 | +€16,085 | +18.5% |
| Stocks | 30/36 | €87,138 | €103,223 | +€16,085 | +18.5% |
| Amounts receivable within one year | 40/41 | €13,382 | €456 | -€12,926 | -96.6% |
| Trade receivables | 40 | €13,378 | - | -€13,378 | |
| Other amounts receivable | 41 | €4 | €456 | +€452 | +10,415% |
| Cash at bank and in hand | 54/58 | €4,487 | €2,044 | -€2,443 | -54.4% |
| Total equity and liabilities | 10/49 | €109,506 | €110,223 | +€717 | +0.7% |
| Equity | 10/15 | €15,769 | €21,370 | +€5,602 | +35.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,769 | €13,370 | +€5,602 | +72.1% |
| Amounts payable | 17/49 | €93,738 | €88,853 | -€4,885 | -5.2% |
| Amounts payable within one year | 42/48 | €93,738 | €88,853 | -€4,885 | -5.2% |
| Trade debts | 44 | €14,115 | €7,884 | -€6,230 | -44.1% |
| Suppliers | 440/4 | €14,115 | €7,884 | -€6,230 | -44.1% |
| Advances received on contracts in progress | 46 | €7,980 | - | -€7,980 | |
| Taxes, remuneration and social security | 45 | €2,521 | €4,869 | +€2,349 | +93.2% |
| Taxes | 450/3 | €2,521 | €3,585 | +€1,065 | +42.2% |
| Remuneration and social security | 454/9 | - | €1,284 | +€1,284 | |
| Other amounts payable | 47/48 | €69,122 | €76,099 | +€6,977 | +10.1% |
| Turnover | 70 | €132,155 | €38,221 | -€93,934 | -71.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €120,778 | €28,997 | -€91,782 | -76.0% |
| Remuneration, social security and pensions | 62 | - | €1,293 | +€1,293 | |
| Other operating charges | 640/8 | €1,154 | €750 | -€404 | -35.0% |
| Gross operating margin | 9900 | €11,377 | €9,224 | -€2,153 | -18.9% |
| Operating profit (loss) | 9901 | €10,223 | €7,182 | -€3,041 | -29.7% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €381 | €70 | -€312 | -81.7% |
| Recurring financial charges | 65 | €381 | €70 | -€312 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €9,843 | €7,112 | -€2,731 | -27.7% |
| Income taxes | 67/77 | €2,075 | €1,511 | -€564 | -27.2% |
| Profit (loss) for the period | 9904 | €7,769 | €5,602 | -€2,167 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,769 | €5,602 | -€2,167 | -27.9% |
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 20 October 2026 via checked.be.