TMN: 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.
TMN
Largest movements
- Receivables within one year +€641
up €641 (+2.2%), from €29,039 to €29,680
of which Other amounts receivable: +€441
- Cash -€544
down €544 (-5.7%), from €9,475 to €8,931
mainly Other debts (-€2,000) and Contributions, distributions and other (-€1,000)
- Profit (loss) carried forward +€2,595
up €2,595 (+21.8%), from €11,928 to €14,522
- Other debts -€2,000
down €2,000 (-66.7%), from €3,000 to €1,000
- Tax, wage and social debts -€786
down €786 (-48.6%), from €1,618 to €832
- Gross operating margin -€1,106
down €1,106 (-19.5%), from €5,683 to €4,577
- Taxes +€219
up €219 (+35.7%), from €614 to €832
- Financial charges -€98
down €98 (-39.4%), from €248 to €150
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 | €38,668 | €38,765 | +€98 | +0.3% |
| Fixed assets | 21/28 | €154 | €154 | = | 0.0% |
| Financial fixed assets | 28 | €154 | €154 | = | 0.0% |
| Current assets | 29/58 | €38,514 | €38,612 | +€98 | +0.3% |
| Amounts receivable within one year | 40/41 | €29,039 | €29,680 | +€641 | +2.2% |
| Trade receivables | 40 | - | €200 | +€200 | |
| Other amounts receivable | 41 | €29,039 | €29,480 | +€441 | +1.5% |
| Cash at bank and in hand | 54/58 | €9,475 | €8,931 | -€544 | -5.7% |
| Total equity and liabilities | 10/49 | €38,668 | €38,765 | +€98 | +0.3% |
| Equity | 10/15 | €32,388 | €34,982 | +€2,595 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,928 | €14,522 | +€2,595 | +21.8% |
| Amounts payable | 17/49 | €6,280 | €3,783 | -€2,497 | -39.8% |
| Amounts payable within one year | 42/48 | €6,280 | €3,783 | -€2,497 | -39.8% |
| Trade debts | 44 | €1,662 | €1,951 | +€289 | +17.4% |
| Suppliers | 440/4 | €1,662 | €1,951 | +€289 | +17.4% |
| Taxes, remuneration and social security | 45 | €1,618 | €832 | -€786 | -48.6% |
| Taxes | 450/3 | €1,618 | €832 | -€786 | -48.6% |
| Other amounts payable | 47/48 | €3,000 | €1,000 | -€2,000 | -66.7% |
| Gross operating margin | 9900 | €5,683 | €4,577 | -€1,106 | -19.5% |
| Operating profit (loss) | 9901 | €5,683 | €4,577 | -€1,106 | -19.5% |
| Financial charges | 65/66B | €248 | €150 | -€98 | -39.4% |
| Recurring financial charges | 65 | €248 | €150 | -€98 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €5,435 | €4,427 | -€1,008 | -18.6% |
| Income taxes | 67/77 | €614 | €832 | +€219 | +35.7% |
| Profit (loss) for the period | 9904 | €4,822 | €3,595 | -€1,227 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,822 | €3,595 | -€1,227 | -25.5% |
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 14 October 2026 via checked.be.