TMRE: 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.
TMRE
Largest movements
- Tangible fixed assets +€80,876
up €80,876 (+162.2%), from €49,870 to €130,746
of which Furniture and vehicles: +€99,595
- Cash +€41,983
up €41,983 (+100.6%), from €41,742 to €83,725
mainly Trade debts (+€65,861) and Debts after one year (+€30,593)
- Receivables within one year +€4,384
up €4,384 (+5.8%), from €76,191 to €80,574
- Trade debts +€65,861
up €65,861 (+182.6%), from €36,073 to €101,934
- Debts after one year +€30,593
up €30,593 (+2332.1%), from €1,312 to €31,905
- Tax, wage and social debts +€13,431
up €13,431 (+152.4%), from €8,811 to €22,242
of which Taxes: +€13,431
- Profit (loss) carried forward +€12,045
up €12,045 (+13.3%), from €90,435 to €102,481
- Current portion of long-term debt +€11,008
up €11,008 (+111.2%), from €9,896 to €20,904
- Gross operating margin +€6,695
up €6,695 (+14.4%), from €46,480 to €53,175
- Taxes +€3,779
up €3,779 (+97.7%), from €3,869 to €7,648
- Other operating charges -€2,214
down €2,214 (-50.8%), from €4,357 to €2,143
- Depreciation +€1,279
up €1,279 (+4.4%), from €28,811 to €30,090
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 | €171,313 | €300,398 | +€129,085 | +75.4% |
| Fixed assets | 21/28 | €49,870 | €130,746 | +€80,876 | +162.2% |
| Tangible fixed assets | 22/27 | €49,870 | €130,746 | +€80,876 | +162.2% |
| Plant, machinery and equipment | 23 | €31,896 | €13,176 | -€18,719 | -58.7% |
| Furniture and vehicles | 24 | €17,975 | €117,570 | +€99,595 | +554.1% |
| Current assets | 29/58 | €121,442 | €169,652 | +€48,209 | +39.7% |
| Amounts receivable within one year | 40/41 | €76,191 | €80,574 | +€4,384 | +5.8% |
| Trade receivables | 40 | €76,191 | €80,574 | +€4,384 | +5.8% |
| Cash at bank and in hand | 54/58 | €41,742 | €83,725 | +€41,983 | +100.6% |
| Deferred charges and accrued income | 490/1 | €3,510 | €5,353 | +€1,843 | +52.5% |
| Total equity and liabilities | 10/49 | €171,313 | €300,398 | +€129,085 | +75.4% |
| Equity | 10/15 | €111,335 | €123,381 | +€12,045 | +10.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,435 | €102,481 | +€12,045 | +13.3% |
| Amounts payable | 17/49 | €59,977 | €177,018 | +€117,040 | +195.1% |
| Amounts payable after more than one year | 17 | €1,312 | €31,905 | +€30,593 | +2332.1% |
| Financial debts | 170/4 | €1,312 | €31,905 | +€30,593 | +2332.1% |
| Amounts payable within one year | 42/48 | €57,466 | €145,112 | +€87,647 | +152.5% |
| Current portion of amounts payable after more than one year | 42 | €9,896 | €20,904 | +€11,008 | +111.2% |
| Trade debts | 44 | €36,073 | €101,934 | +€65,861 | +182.6% |
| Suppliers | 440/4 | €36,073 | €101,934 | +€65,861 | +182.6% |
| Taxes, remuneration and social security | 45 | €8,811 | €22,242 | +€13,431 | +152.4% |
| Taxes | 450/3 | €8,811 | €22,242 | +€13,431 | +152.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,686 | €32 | -€2,654 | -98.8% |
| Accrued charges and deferred income | 492/3 | €1,200 | €0 | -€1,200 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,811 | €30,090 | +€1,279 | +4.4% |
| Other operating charges | 640/8 | €4,357 | €2,143 | -€2,214 | -50.8% |
| Gross operating margin | 9900 | €46,480 | €53,175 | +€6,695 | +14.4% |
| Operating profit (loss) | 9901 | €13,312 | €20,942 | +€7,630 | +57.3% |
| Financial income | 75/76B | €0 | €91 | +€91 | +29212.9% |
| Recurring financial income | 75 | €0 | €91 | +€91 | +29212.9% |
| Financial charges | 65/66B | €1,364 | €1,340 | -€24 | -1.8% |
| Recurring financial charges | 65 | €627 | €1,340 | +€713 | +113.7% |
| Non-recurring financial charges | 66B | €737 | €0 | -€737 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €11,948 | €19,693 | +€7,745 | +64.8% |
| Income taxes | 67/77 | €3,869 | €7,648 | +€3,779 | +97.7% |
| Profit (loss) for the period | 9904 | €8,080 | €12,045 | +€3,966 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,080 | €12,045 | +€3,966 | +49.1% |
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 11 October 2026 via checked.be.