TMS 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.
TMS Services
Largest movements
- Cash -€5,108
down €5,108 (-23.9%), from €21,381 to €16,273
mainly Debts after one year (-€9,042) and Tax, wage and social debts (-€7,942)
- Receivables within one year -€3,270
down €3,270 (-15.0%), from €21,807 to €18,537
of which Trade receivables: -€2,182
- Tangible fixed assets -€2,637
down €2,637 (-1.7%), from €155,102 to €152,465
of which Land and buildings: -€3,326
- Debts after one year -€9,042
down €9,042 (-12.1%), from €74,655 to €65,613
- Tax, wage and social debts -€7,942
down €7,942 (-40.1%), from €19,830 to €11,888
- Reserves +€5,000
up €5,000 (+7.1%), from €70,821 to €75,821
of which Distributable reserves: +€5,000
- Trade debts +€2,561
up €2,561 (+25.7%), from €9,976 to €12,537
- Gross operating margin -€39,476
down €39,476 (-59.4%), from €66,475 to €26,999
- Taxes -€8,133
down €8,133 (-50.1%), from €16,248 to €8,115
- Financial charges -€2,576
down €2,576 (-31.6%), from €8,150 to €5,574
- Depreciation -€1,062
down €1,062 (-15.9%), from €6,660 to €5,598
- Other operating charges -€670
down €670 (-22.0%), from €3,044 to €2,374
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 | €223,394 | €214,062 | -€9,332 | -4.2% |
| Fixed assets | 21/28 | €155,102 | €152,465 | -€2,637 | -1.7% |
| Tangible fixed assets | 22/27 | €155,102 | €152,465 | -€2,637 | -1.7% |
| Land and buildings | 22 | €150,278 | €146,952 | -€3,326 | -2.2% |
| Plant, machinery and equipment | 23 | €3,065 | €2,348 | -€717 | -23.4% |
| Furniture and vehicles | 24 | €1,759 | €3,165 | +€1,406 | +80.0% |
| Current assets | 29/58 | €68,292 | €61,597 | -€6,695 | -9.8% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,649 | +€649 | +2.6% |
| Trade receivables | 290 | €25,000 | €25,649 | +€649 | +2.6% |
| Amounts receivable within one year | 40/41 | €21,807 | €18,537 | -€3,270 | -15.0% |
| Trade receivables | 40 | €20,645 | €18,463 | -€2,182 | -10.6% |
| Other amounts receivable | 41 | €1,162 | €74 | -€1,089 | -93.6% |
| Cash at bank and in hand | 54/58 | €21,381 | €16,273 | -€5,108 | -23.9% |
| Deferred charges and accrued income | 490/1 | €104 | €1,138 | +€1,035 | +999.6% |
| Total equity and liabilities | 10/49 | €223,394 | €214,062 | -€9,332 | -4.2% |
| Equity | 10/15 | €107,525 | €112,982 | +€5,457 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,821 | €75,821 | +€5,000 | +7.1% |
| Non-distributable reserves | 130/1 | €1,821 | €1,821 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,821 | €1,821 | = | 0.0% |
| Distributable reserves | 133 | €69,000 | €74,000 | +€5,000 | +7.2% |
| Profit (loss) carried forward | 14 | €18,104 | €18,561 | +€457 | +2.5% |
| Amounts payable | 17/49 | €115,869 | €101,080 | -€14,789 | -12.8% |
| Amounts payable after more than one year | 17 | €74,655 | €65,613 | -€9,042 | -12.1% |
| Financial debts | 170/4 | €74,655 | €65,613 | -€9,042 | -12.1% |
| Amounts payable within one year | 42/48 | €41,214 | €35,467 | -€5,747 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €9,042 | €9,042 | = | 0.0% |
| Financial debts | 43 | €2,366 | €2,000 | -€366 | -15.5% |
| Credit institutions | 430/8 | €2,366 | €2,000 | -€366 | -15.5% |
| Trade debts | 44 | €9,976 | €12,537 | +€2,561 | +25.7% |
| Suppliers | 440/4 | €9,976 | €12,537 | +€2,561 | +25.7% |
| Taxes, remuneration and social security | 45 | €19,830 | €11,888 | -€7,942 | -40.1% |
| Taxes | 450/3 | €19,830 | €11,888 | -€7,942 | -40.1% |
| Non-recurring operating income | 76A | €2,523 | €512 | -€2,011 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,660 | €5,598 | -€1,062 | -15.9% |
| Other operating charges | 640/8 | €3,044 | €2,374 | -€670 | -22.0% |
| Gross operating margin | 9900 | €66,475 | €26,999 | -€39,476 | -59.4% |
| Operating profit (loss) | 9901 | €56,770 | €19,027 | -€37,743 | -66.5% |
| Financial income | 75/76B | €55 | €120 | +€65 | +118.4% |
| Recurring financial income | 75 | €55 | €120 | +€65 | +118.4% |
| Financial charges | 65/66B | €8,150 | €5,574 | -€2,576 | -31.6% |
| Recurring financial charges | 65 | €8,150 | €5,574 | -€2,576 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €48,675 | €13,572 | -€35,102 | -72.1% |
| Income taxes | 67/77 | €16,248 | €8,115 | -€8,133 | -50.1% |
| Profit (loss) for the period | 9904 | €32,427 | €5,457 | -€26,970 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,427 | €5,457 | -€26,970 | -83.2% |
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 12 October 2026 via checked.be.