TOMELCO: what changed
Two fiscal 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.
TOMELCO
Largest movements
- Cash -€54,559
down €54,559 (-60.8%), from €89,670 to €35,111
mainly Tax, wage and social debts (-€57,674) and Debts after one year (-€56,971)
- Tangible fixed assets -€32,142
down €32,142 (-3.9%), from €816,764 to €784,622
of which Plant, machinery and equipment: -€20,433
- Tax, wage and social debts -€57,674
down €57,674 (-84.4%), from €68,339 to €10,665
of which Taxes: -€33,674
- Debts after one year -€56,971
down €56,971 (-15.9%), from €358,456 to €301,485
- Reserves +€19,091
up €19,091 (+13.1%), from €145,314 to €164,405
of which Distributable reserves: +€19,091
- Gross operating margin -€26,070
down €26,070 (-21.7%), from €119,984 to €93,914
- Taxes -€7,720
down €7,720 (-41.6%), from €18,579 to €10,859
- Depreciation -€2,839
down €2,839 (-6.5%), from €43,385 to €40,547
- Financial charges +€1,329
up €1,329 (+11.7%), from €11,370 to €12,699
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 | €1,034,171 | €954,343 | -€79,829 | -7.7% |
| Fixed assets | 21/28 | €816,889 | €784,747 | -€32,142 | -3.9% |
| Tangible fixed assets | 22/27 | €816,764 | €784,622 | -€32,142 | -3.9% |
| Land and buildings | 22 | €729,922 | €710,937 | -€18,985 | -2.6% |
| Plant, machinery and equipment | 23 | €86,842 | €66,409 | -€20,433 | -23.5% |
| Furniture and vehicles | 24 | - | €7,277 | +€7,277 | |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €217,283 | €169,596 | -€47,687 | -21.9% |
| Stocks and contracts in progress | 3 | €101,689 | €101,689 | = | 0.0% |
| Stocks | 30/36 | €101,689 | €101,689 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,924 | €32,796 | +€6,872 | +26.5% |
| Trade receivables | 40 | €18,576 | €27,758 | +€9,182 | +49.4% |
| Other amounts receivable | 41 | €7,348 | €5,038 | -€2,310 | -31.4% |
| Cash at bank and in hand | 54/58 | €89,670 | €35,111 | -€54,559 | -60.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,034,171 | €954,343 | -€79,829 | -7.7% |
| Equity | 10/15 | €179,748 | €199,232 | +€19,483 | +10.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €145,314 | €164,405 | +€19,091 | +13.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €145,314 | €164,405 | +€19,091 | +13.1% |
| Profit (loss) carried forward | 14 | €15,843 | €16,235 | +€392 | +2.5% |
| Amounts payable | 17/49 | €854,423 | €755,111 | -€99,312 | -11.6% |
| Amounts payable after more than one year | 17 | €358,456 | €301,485 | -€56,971 | -15.9% |
| Financial debts | 170/4 | €358,456 | €301,485 | -€56,971 | -15.9% |
| Amounts payable within one year | 42/48 | €495,320 | €453,233 | -€42,087 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €56,084 | €57,259 | +€1,175 | +2.1% |
| Trade debts | 44 | €2,840 | €10,867 | +€8,027 | +282.6% |
| Suppliers | 440/4 | €2,840 | €10,867 | +€8,027 | +282.6% |
| Taxes, remuneration and social security | 45 | €68,339 | €10,665 | -€57,674 | -84.4% |
| Taxes | 450/3 | €44,339 | €10,665 | -€33,674 | -75.9% |
| Remuneration and social security | 454/9 | €24,000 | €0 | -€24,000 | -100.0% |
| Other amounts payable | 47/48 | €368,057 | €374,443 | +€6,386 | +1.7% |
| Accrued charges and deferred income | 492/3 | €647 | €393 | -€254 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,385 | €40,547 | -€2,839 | -6.5% |
| Other operating charges | 640/8 | €9,516 | €9,607 | +€92 | +1.0% |
| Non-recurring operating charges | 66A | €2,760 | €750 | -€2,010 | -72.8% |
| Gross operating margin | 9900 | €119,984 | €93,914 | -€26,070 | -21.7% |
| Operating profit (loss) | 9901 | €64,324 | €43,010 | -€21,313 | -33.1% |
| Financial income | 75/76B | €11 | €32 | +€20 | +176.7% |
| Recurring financial income | 75 | €11 | €32 | +€20 | +176.7% |
| Financial charges | 65/66B | €11,370 | €12,699 | +€1,329 | +11.7% |
| Recurring financial charges | 65 | €11,370 | €12,699 | +€1,329 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €52,965 | €30,343 | -€22,622 | -42.7% |
| Income taxes | 67/77 | €18,579 | €10,859 | -€7,720 | -41.6% |
| Profit (loss) for the period | 9904 | €34,386 | €19,483 | -€14,903 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,386 | €19,483 | -€14,903 | -43.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.