TMS ENGINEERING: 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 ENGINEERING
Largest movements
- Cash -€1,621
down €1,621 (-57.7%), from €2,810 to €1,189
mainly Net result for the year (-€5,928) and Tax, wage and social debts (-€3,234)
- Receivables within one year +€1,104
up €1,104 (+1.7%), from €64,727 to €65,831
of which Trade receivables: +€1,180
- Other debts +€6,000
up €6,000 (+42.3%), from €14,192 to €20,192
- Profit (loss) carried forward -€5,928
down €5,928 (-14.8%), from €40,028 to €34,100
- Tax, wage and social debts -€3,234
down €3,234 (-46.5%), from €6,955 to €3,721
- Trade debts +€2,364
up €2,364 (+530%), from €446 to €2,810
- Gross operating margin -€18,968
down €18,968, from €14,472 to -€4,495
- Taxes -€3,368
down €3,368 (-91.2%), from €3,691 to €323
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 | €67,921 | €67,138 | -€783 | -1.2% |
| Fixed assets | 21/28 | €384 | €118 | -€266 | -69.3% |
| Tangible fixed assets | 22/27 | €384 | €118 | -€266 | -69.3% |
| Plant, machinery and equipment | 23 | €384 | €118 | -€266 | -69.3% |
| Current assets | 29/58 | €67,537 | €67,020 | -€517 | -0.8% |
| Amounts receivable within one year | 40/41 | €64,727 | €65,831 | +€1,104 | +1.7% |
| Trade receivables | 40 | €54,810 | €55,989 | +€1,180 | +2.2% |
| Other amounts receivable | 41 | €9,917 | €9,842 | -€75 | -0.8% |
| Cash at bank and in hand | 54/58 | €2,810 | €1,189 | -€1,621 | -57.7% |
| Total equity and liabilities | 10/49 | €67,921 | €67,138 | -€783 | -1.2% |
| Equity | 10/15 | €46,328 | €40,400 | -€5,928 | -12.8% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,028 | €34,100 | -€5,928 | -14.8% |
| Amounts payable | 17/49 | €21,593 | €26,739 | +€5,145 | +23.8% |
| Amounts payable within one year | 42/48 | €21,593 | €26,724 | +€5,130 | +23.8% |
| Trade debts | 44 | €446 | €2,810 | +€2,364 | +530% |
| Suppliers | 440/4 | €446 | €2,810 | +€2,364 | +530% |
| Taxes, remuneration and social security | 45 | €6,955 | €3,721 | -€3,234 | -46.5% |
| Taxes | 450/3 | €6,955 | €3,721 | -€3,234 | -46.5% |
| Other amounts payable | 47/48 | €14,192 | €20,192 | +€6,000 | +42.3% |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €266 | €266 | = | 0.0% |
| Other operating charges | 640/8 | €739 | €610 | -€128 | -17.4% |
| Gross operating margin | 9900 | €14,472 | -€4,495 | -€18,968 | |
| Operating profit (loss) | 9901 | €13,468 | -€5,372 | -€18,839 | |
| Financial income | 75/76B | €78 | €30 | -€48 | -62.0% |
| Recurring financial income | 75 | €78 | €30 | -€48 | -62.0% |
| Financial charges | 65/66B | €247 | €263 | +€16 | +6.4% |
| Recurring financial charges | 65 | €247 | €263 | +€16 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €13,299 | -€5,605 | -€18,903 | |
| Income taxes | 67/77 | €3,691 | €323 | -€3,368 | -91.2% |
| Profit (loss) for the period | 9904 | €9,607 | -€5,928 | -€15,535 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,607 | -€5,928 | -€15,535 |
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 16 October 2026 via checked.be.