TMMS: 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.
TMMS
Largest movements
- Receivables within one year -€14,687
down €14,687 (-73.8%), from €19,914 to €5,227
of which Other amounts receivable: -€14,467
- Cash +€9,631
up €9,631 (+161.0%), from €5,983 to €15,614
mainly Receivables within one year (+€14,687) and Other debts (+€13,503)
- Tangible fixed assets -€7,618
down €7,618 (-70.8%), from €10,754 to €3,137
- Current investments +€1,808
up €1,808 (+75.2%), from €2,403 to €4,212
- Financial fixed assets +€1,250
new in 2024: €1,250
- Reserves -€19,317
down €19,317 (-100.0%), from €19,317 to €0
- Other debts +€13,503
new in 2024: €13,503
- Debts after one year -€5,131
down €5,131 (-74.7%), from €6,867 to €1,736
- Tax, wage and social debts +€3,281
up €3,281 (+56.8%), from €5,772 to €9,053
- Trade debts -€1,648
down €1,648 (-83.2%), from €1,982 to €334
- Gross operating margin +€17,730
up €17,730 (+243.0%), from €7,296 to €25,026
- Taxes +€3,598
up €3,598 (+384.4%), from €936 to €4,534
- Other operating charges -€360
down €360 (-59.5%), from €605 to €245
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 | €39,055 | €29,856 | -€9,199 | -23.6% |
| Fixed assets | 21/28 | €10,754 | €4,387 | -€6,368 | -59.2% |
| Tangible fixed assets | 22/27 | €10,754 | €3,137 | -€7,618 | -70.8% |
| Furniture and vehicles | 24 | €10,754 | €3,137 | -€7,618 | -70.8% |
| Financial fixed assets | 28 | - | €1,250 | +€1,250 | |
| Current assets | 29/58 | €28,301 | €25,470 | -€2,831 | -10.0% |
| Amounts receivable within one year | 40/41 | €19,914 | €5,227 | -€14,687 | -73.8% |
| Trade receivables | 40 | €220 | €0 | -€220 | -100.0% |
| Other amounts receivable | 41 | €19,694 | €5,227 | -€14,467 | -73.5% |
| Current investments | 50/53 | €2,403 | €4,212 | +€1,808 | +75.2% |
| Cash at bank and in hand | 54/58 | €5,983 | €15,614 | +€9,631 | +161.0% |
| Deferred charges and accrued income | 490/1 | €0 | €417 | +€417 | |
| Total equity and liabilities | 10/49 | €39,055 | €29,856 | -€9,199 | -23.6% |
| Equity | 10/15 | €19,417 | €100 | -€19,317 | -99.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €19,317 | €0 | -€19,317 | -100.0% |
| Distributable reserves | 133 | €19,317 | €0 | -€19,317 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,638 | €29,756 | +€10,118 | +51.5% |
| Amounts payable after more than one year | 17 | €6,867 | €1,736 | -€5,131 | -74.7% |
| Financial debts | 170/4 | €6,867 | €1,736 | -€5,131 | -74.7% |
| Amounts payable within one year | 42/48 | €12,771 | €28,020 | +€15,249 | +119.4% |
| Current portion of amounts payable after more than one year | 42 | €5,017 | €5,131 | +€114 | +2.3% |
| Trade debts | 44 | €1,982 | €334 | -€1,648 | -83.2% |
| Suppliers | 440/4 | €1,982 | €334 | -€1,648 | -83.2% |
| Taxes, remuneration and social security | 45 | €5,772 | €9,053 | +€3,281 | +56.8% |
| Taxes | 450/3 | €5,772 | €9,053 | +€3,281 | +56.8% |
| Other amounts payable | 47/48 | - | €13,503 | +€13,503 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,644 | €7,618 | -€27 | -0.3% |
| Other operating charges | 640/8 | €605 | €245 | -€360 | -59.5% |
| Gross operating margin | 9900 | €7,296 | €25,026 | +€17,730 | +243.0% |
| Operating profit (loss) | 9901 | -€954 | €17,164 | +€18,117 | |
| Financial income | 75/76B | €970 | €879 | -€91 | -9.4% |
| Recurring financial income | 75 | €970 | €879 | -€91 | -9.4% |
| Financial charges | 65/66B | €430 | €323 | -€107 | -25.0% |
| Recurring financial charges | 65 | €430 | €323 | -€107 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | -€414 | €17,720 | +€18,134 | |
| Income taxes | 67/77 | €936 | €4,534 | +€3,598 | +384.4% |
| Profit (loss) for the period | 9904 | -€1,350 | €13,186 | +€14,536 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,350 | €13,186 | +€14,536 |
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 28 September 2026 via checked.be.