TML e FILHOS: 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 e FILHOS
Largest movements
- Intangible fixed assets -€4,500
down €4,500 (-12.2%), from €36,962 to €32,462
- Financial fixed assets +€2,400
new in 2025: €2,400
- Stocks and contracts -€1,673
down €1,673 (-7.8%), from €21,315 to €19,643
- Tangible fixed assets -€1,028
down €1,028 (-11.1%), from €9,297 to €8,268
of which Other tangible fixed assets: -€850
- Receivables within one year +€963
up €963 (+20365.1%), from €5 to €968
of which Trade receivables: +€958
- Other debts +€11,321
up €11,321 (+25.0%), from €45,212 to €56,532
- Profit (loss) carried forward -€6,547
down €6,547 (-27.2%), from -€24,047 to -€30,593
- Current portion of long-term debt -€5,106
down €5,106 (-57.7%), from €8,851 to €3,745
- Debts after one year -€3,945
no longer reported in 2025 (was €3,945)
- Tax, wage and social debts -€2,870
down €2,870 (-74.0%), from €3,880 to €1,010
of which Remuneration and social security: -€2,779
- Staff costs -€15,506
down €15,506 (-68.4%), from €22,674 to €7,168
- Other operating charges +€8,044
up €8,044 (+890.8%), from €903 to €8,947
- Gross operating margin -€1,543
down €1,543 (-7.7%), from €20,063 to €18,520
- Financial charges -€1,045
down €1,045 (-27.9%), from €3,746 to €2,701
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.
Cash bridge derived
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 | €69,244 | €64,677 | -€4,567 | -6.6% |
| Fixed assets | 21/28 | €46,258 | €43,130 | -€3,128 | -6.8% |
| Intangible fixed assets | 21 | €36,962 | €32,462 | -€4,500 | -12.2% |
| Tangible fixed assets | 22/27 | €9,297 | €8,268 | -€1,028 | -11.1% |
| Plant, machinery and equipment | 23 | €283 | €395 | +€111 | +39.3% |
| Furniture and vehicles | 24 | €1,606 | €1,316 | -€290 | -18.0% |
| Other tangible fixed assets | 26 | €7,408 | €6,558 | -€850 | -11.5% |
| Financial fixed assets | 28 | - | €2,400 | +€2,400 | |
| Current assets | 29/58 | €22,986 | €21,547 | -€1,439 | -6.3% |
| Stocks and contracts in progress | 3 | €21,315 | €19,643 | -€1,673 | -7.8% |
| Stocks | 30/36 | €21,315 | €19,643 | -€1,673 | -7.8% |
| Amounts receivable within one year | 40/41 | €5 | €968 | +€963 | +20365.1% |
| Trade receivables | 40 | - | €958 | +€958 | |
| Other amounts receivable | 41 | €5 | €10 | +€5 | +115.6% |
| Cash at bank and in hand | 54/58 | €1,491 | €886 | -€605 | -40.6% |
| Deferred charges and accrued income | 490/1 | €174 | €49 | -€125 | -71.6% |
| Total equity and liabilities | 10/49 | €69,244 | €64,677 | -€4,567 | -6.6% |
| Equity | 10/15 | -€21,047 | -€27,593 | -€6,547 | -31.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,047 | -€30,593 | -€6,547 | -27.2% |
| Amounts payable | 17/49 | €90,290 | €92,270 | +€1,980 | +2.2% |
| Amounts payable after more than one year | 17 | €3,945 | - | -€3,945 | |
| Financial debts | 170/4 | €3,945 | - | -€3,945 | |
| Amounts payable within one year | 42/48 | €86,346 | €92,270 | +€5,924 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €8,851 | €3,745 | -€5,106 | -57.7% |
| Trade debts | 44 | €28,403 | €30,983 | +€2,579 | +9.1% |
| Suppliers | 440/4 | €28,403 | €30,983 | +€2,579 | +9.1% |
| Taxes, remuneration and social security | 45 | €3,880 | €1,010 | -€2,870 | -74.0% |
| Taxes | 450/3 | €496 | €405 | -€91 | -18.3% |
| Remuneration and social security | 454/9 | €3,384 | €605 | -€2,779 | -82.1% |
| Other amounts payable | 47/48 | €45,212 | €56,532 | +€11,321 | +25.0% |
| Remuneration, social security and pensions | 62 | €22,674 | €7,168 | -€15,506 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,151 | €6,253 | +€102 | +1.7% |
| Other operating charges | 640/8 | €903 | €8,947 | +€8,044 | +890.8% |
| Gross operating margin | 9900 | €20,063 | €18,520 | -€1,543 | -7.7% |
| Operating profit (loss) | 9901 | -€9,665 | -€3,848 | +€5,817 | +60.2% |
| Financial income | 75/76B | €1 | €2 | +€1 | +222.7% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +222.7% |
| Financial charges | 65/66B | €3,746 | €2,701 | -€1,045 | -27.9% |
| Recurring financial charges | 65 | €3,746 | €2,701 | -€1,045 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,410 | -€6,547 | +€6,863 | +51.2% |
| Profit (loss) for the period | 9904 | -€13,410 | -€6,547 | +€6,863 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,410 | -€6,547 | +€6,863 | +51.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.