TMS & Co: 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.
TMS & Co
Largest movements
- Stocks and contracts -€13,325
down €13,325 (-52.6%), from €25,350 to €12,025
- Deferred charges and accrued income -€1,219
down €1,219 (-68.3%), from €1,785 to €566
- Profit (loss) carried forward -€7,532
down €7,532 (-12.6%), from -€59,725 to -€67,257
- Other debts -€7,407
down €7,407 (-14.9%), from €49,853 to €42,446
- Trade debts -€1,575
down €1,575 (-77.0%), from €2,044 to €469
- Tax, wage and social debts +€1,211
up €1,211 (+226.9%), from €534 to €1,745
of which Taxes: +€1,745
- Gross operating margin +€6,997
up €6,997 (+67.4%), from -€10,377 to -€3,380
- Staff costs -€2,170
down €2,170 (-36.4%), from €5,961 to €3,791
- Other operating charges -€401
down €401 (-61.9%), from €648 to €247
- Depreciation -€200
no longer reported in 2024 (was €200)
- Financial charges -€165
down €165 (-59.2%), from €279 to €114
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 | €31,165 | €16,062 | -€15,103 | -48.5% |
| Current assets | 29/58 | €31,165 | €16,062 | -€15,103 | -48.5% |
| Stocks and contracts in progress | 3 | €25,350 | €12,025 | -€13,325 | -52.6% |
| Stocks | 30/36 | €25,350 | €12,025 | -€13,325 | -52.6% |
| Amounts receivable within one year | 40/41 | €280 | - | -€280 | |
| Other amounts receivable | 41 | €280 | - | -€280 | |
| Cash at bank and in hand | 54/58 | €3,749 | €3,471 | -€279 | -7.4% |
| Deferred charges and accrued income | 490/1 | €1,785 | €566 | -€1,219 | -68.3% |
| Total equity and liabilities | 10/49 | €31,165 | €16,062 | -€15,103 | -48.5% |
| Equity | 10/15 | -€39,265 | -€46,797 | -€7,532 | -19.2% |
| 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 | -€59,725 | -€67,257 | -€7,532 | -12.6% |
| Amounts payable | 17/49 | €70,430 | €62,860 | -€7,570 | -10.7% |
| Amounts payable within one year | 42/48 | €70,430 | €62,660 | -€7,770 | -11.0% |
| Financial debts | 43 | €18,000 | €18,000 | = | 0.0% |
| Other loans | 439 | €18,000 | €18,000 | = | 0.0% |
| Trade debts | 44 | €2,044 | €469 | -€1,575 | -77.0% |
| Suppliers | 440/4 | €2,044 | €469 | -€1,575 | -77.0% |
| Taxes, remuneration and social security | 45 | €534 | €1,745 | +€1,211 | +226.9% |
| Taxes | 450/3 | - | €1,745 | +€1,745 | |
| Remuneration and social security | 454/9 | €534 | - | -€534 | |
| Other amounts payable | 47/48 | €49,853 | €42,446 | -€7,407 | -14.9% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Remuneration, social security and pensions | 62 | €5,961 | €3,791 | -€2,170 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | - | -€200 | |
| Other operating charges | 640/8 | €648 | €247 | -€401 | -61.9% |
| Gross operating margin | 9900 | -€10,377 | -€3,380 | +€6,997 | +67.4% |
| Operating profit (loss) | 9901 | -€17,187 | -€7,418 | +€9,769 | +56.8% |
| Financial charges | 65/66B | €279 | €114 | -€165 | -59.2% |
| Recurring financial charges | 65 | €279 | €114 | -€165 | -59.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,466 | -€7,532 | +€9,934 | +56.9% |
| Profit (loss) for the period | 9904 | -€17,466 | -€7,532 | +€9,934 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,466 | -€7,532 | +€9,934 | +56.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.