TML: 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.
TML
Largest movements
- Stocks and contracts +€30,000
new in 2024: €30,000
- Receivables within one year +€20,281
up €20,281 (+47.7%), from €42,513 to €62,794
of which Trade receivables: +€25,490
- Cash +€2,697
up €2,697 (+278.0%), from €970 to €3,667
mainly Trade debts (+€50,140) and Other debts (+€10,440)
- Trade debts +€50,140
up €50,140 (+696.3%), from €7,201 to €57,341
- Tax, wage and social debts -€11,031
down €11,031 (-82.1%), from €13,431 to €2,400
- Other debts +€10,440
up €10,440 (+3070.6%), from €340 to €10,780
- Reserves +€3,420
up €3,420 (+22.6%), from €15,155 to €18,575
- Write-downs +€16,700
new in 2024: €16,700
- Gross operating margin +€10,597
up €10,597 (+88.1%), from €12,024 to €22,621
- Taxes -€2,000
down €2,000 (-55.2%), from €3,621 to €1,621
- Other operating charges -€876
down €876 (-67.1%), from €1,305 to €429
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,324 | €97,293 | +€52,969 | +119.5% |
| Fixed assets | 21/28 | €841 | €832 | -€9 | -1.1% |
| Tangible fixed assets | 22/27 | €841 | €458 | -€383 | -45.5% |
| Plant, machinery and equipment | 23 | €841 | €458 | -€383 | -45.5% |
| Financial fixed assets | 28 | - | €374 | +€374 | |
| Current assets | 29/58 | €43,483 | €96,461 | +€52,978 | +121.8% |
| Stocks and contracts in progress | 3 | - | €30,000 | +€30,000 | |
| Contracts in progress | 37 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €42,513 | €62,794 | +€20,281 | +47.7% |
| Trade receivables | 40 | €31,670 | €57,160 | +€25,490 | +80.5% |
| Other amounts receivable | 41 | €10,843 | €5,634 | -€5,209 | -48.0% |
| Cash at bank and in hand | 54/58 | €970 | €3,667 | +€2,697 | +278.0% |
| Total equity and liabilities | 10/49 | €44,324 | €97,293 | +€52,969 | +119.5% |
| Equity | 10/15 | €23,352 | €26,772 | +€3,420 | +14.6% |
| Contributions | 10/11 | €8,197 | €8,197 | = | 0.0% |
| Outside capital | 11 | €8,197 | €8,197 | = | 0.0% |
| Other | 1109/19 | €8,197 | €8,197 | = | 0.0% |
| Reserves | 13 | €15,155 | €18,575 | +€3,420 | +22.6% |
| Distributable reserves | 133 | €15,155 | €18,575 | +€3,420 | +22.6% |
| Amounts payable | 17/49 | €20,972 | €70,521 | +€49,549 | +236.3% |
| Amounts payable within one year | 42/48 | €20,972 | €70,521 | +€49,549 | +236.3% |
| Trade debts | 44 | €7,201 | €57,341 | +€50,140 | +696.3% |
| Suppliers | 440/4 | €7,201 | €57,341 | +€50,140 | +696.3% |
| Taxes, remuneration and social security | 45 | €13,431 | €2,400 | -€11,031 | -82.1% |
| Taxes | 450/3 | €13,431 | €2,400 | -€11,031 | -82.1% |
| Other amounts payable | 47/48 | €340 | €10,780 | +€10,440 | +3070.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €383 | +€64 | +20.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,700 | +€16,700 | |
| Other operating charges | 640/8 | €1,305 | €429 | -€876 | -67.1% |
| Gross operating margin | 9900 | €12,024 | €22,621 | +€10,597 | +88.1% |
| Operating profit (loss) | 9901 | €10,400 | €5,109 | -€5,291 | -50.9% |
| Financial income | 75/76B | €49 | - | -€49 | |
| Recurring financial income | 75 | €49 | - | -€49 | |
| Financial charges | 65/66B | €33 | €68 | +€35 | +106.1% |
| Recurring financial charges | 65 | €33 | €68 | +€35 | +106.1% |
| Profit (loss) for the period before taxes | 9903 | €10,416 | €5,041 | -€5,375 | -51.6% |
| Income taxes | 67/77 | €3,621 | €1,621 | -€2,000 | -55.2% |
| Profit (loss) for the period | 9904 | €6,795 | €3,420 | -€3,375 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,795 | €3,420 | -€3,375 | -49.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.