TMN Services: 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 Services
Largest movements
- Stocks and contracts -€446,648
down €446,648 (-59.6%), from €749,014 to €302,366
- Tangible fixed assets +€139,039
up €139,039 (+2,042%), from €6,809 to €145,848
of which Plant, machinery and equipment: +€122,545
- Receivables within one year -€110,000
down €110,000 (-34.0%), from €323,570 to €213,570
- Trade debts -€471,787
no longer reported in 2021 (was €471,787)
- Accrued charges and deferred income -€400,840
no longer reported in 2021 (was €400,840)
- Profit (loss) carried forward +€274,948
up €274,948 (+192%), from €143,113 to €418,061
- Other debts +€150,000
up €150,000 (+977%), from €15,350 to €165,350
- Tax, wage and social debts +€25,660
up €25,660 (+39.4%), from €65,139 to €90,799
of which Taxes: +€21,510
- Turnover +€1.8m
up €1.8m (+39.2%), from €4.7m to €6.5m
- Purchases and services +€1.6m
up €1.6m (+36.1%), from €4.4m to €6.0m
- Gross operating margin +€221,843
up €221,843 (+101%), from €220,277 to €442,120
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,116,689 | €694,670 | -€422,019 | -37.8% |
| Fixed assets | 21/28 | €6,809 | €145,848 | +€139,039 | +2,042% |
| Tangible fixed assets | 22/27 | €6,809 | €145,848 | +€139,039 | +2,042% |
| Plant, machinery and equipment | 23 | €2,449 | €124,994 | +€122,545 | +5,004% |
| Furniture and vehicles | 24 | €3,506 | €20,000 | +€16,494 | +470% |
| Other tangible fixed assets | 26 | €854 | €854 | = | 0.0% |
| Current assets | 29/58 | €1,109,880 | €548,822 | -€561,058 | -50.6% |
| Stocks and contracts in progress | 3 | €749,014 | €302,366 | -€446,648 | -59.6% |
| Stocks | 30/36 | €749,014 | €302,366 | -€446,648 | -59.6% |
| Amounts receivable within one year | 40/41 | €323,570 | €213,570 | -€110,000 | -34.0% |
| Trade receivables | 40 | €323,570 | €213,570 | -€110,000 | -34.0% |
| Cash at bank and in hand | 54/58 | €37,296 | €32,886 | -€4,410 | -11.8% |
| Total equity and liabilities | 10/49 | €1,116,689 | €694,670 | -€422,019 | -37.8% |
| Equity | 10/15 | €163,573 | €438,521 | +€274,948 | +168% |
| 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 | €143,113 | €418,061 | +€274,948 | +192% |
| Amounts payable | 17/49 | €953,116 | €256,149 | -€696,967 | -73.1% |
| Amounts payable within one year | 42/48 | €552,276 | €256,149 | -€296,127 | -53.6% |
| Trade debts | 44 | €471,787 | - | -€471,787 | |
| Suppliers | 440/4 | €471,787 | - | -€471,787 | |
| Taxes, remuneration and social security | 45 | €65,139 | €90,799 | +€25,660 | +39.4% |
| Taxes | 450/3 | €56,940 | €78,450 | +€21,510 | +37.8% |
| Remuneration and social security | 454/9 | €8,199 | €12,349 | +€4,150 | +50.6% |
| Other amounts payable | 47/48 | €15,350 | €165,350 | +€150,000 | +977% |
| Accrued charges and deferred income | 492/3 | €400,840 | - | -€400,840 | |
| Turnover | 70 | €4,652,133 | €6,475,860 | +€1.8m | +39.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,431,856 | €6,033,740 | +€1.6m | +36.1% |
| Remuneration, social security and pensions | 62 | €16,902 | €32,500 | +€15,598 | +92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,224 | €57,254 | +€53,030 | +1,255% |
| Other operating charges | 640/8 | €1,981 | €2,920 | +€939 | +47.4% |
| Gross operating margin | 9900 | €220,277 | €442,120 | +€221,843 | +101% |
| Operating profit (loss) | 9901 | €197,170 | €349,446 | +€152,276 | +77.2% |
| Financial charges | 65/66B | €4,000 | - | -€4,000 | |
| Recurring financial charges | 65 | €4,000 | - | -€4,000 | |
| Profit (loss) for the period before taxes | 9903 | €193,170 | €349,446 | +€156,276 | +80.9% |
| Income taxes | 67/77 | €51,770 | €78,450 | +€26,680 | +51.5% |
| Profit (loss) for the period | 9904 | €141,400 | €270,996 | +€129,596 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €141,400 | €270,996 | +€129,596 | +91.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.