TPMZ GROUP: 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.
TPMZ GROUP
Largest movements
- Receivables within one year -€10,705
down €10,705 (-31.4%), from €34,145 to €23,441
of which Other amounts receivable: -€9,142
- Cash +€7,856
up €7,856 (+162%), from €4,855 to €12,711
mainly Receivables within one year (+€10,705) and Net result for the year (+€10,549)
- Trade debts -€11,231
down €11,231 (-87.4%), from €12,846 to €1,616
- Profit (loss) carried forward +€10,549
up €10,549 (+90.3%), from -€11,676 to -€1,127
- Tax, wage and social debts -€2,342
down €2,342 (-7.8%), from €30,164 to €27,823
of which Taxes: -€4,637
- Gross operating margin -€10,791
down €10,791 (-19.4%), from €55,658 to €44,867
- Staff costs -€7,858
down €7,858 (-22.6%), from €34,732 to €26,874
- Depreciation -€2,121
down €2,121 (-92.4%), from €2,296 to €175
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.
Derived cash bridge
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 | €45,595 | €42,571 | -€3,024 | -6.6% |
| Fixed assets | 21/28 | €6,595 | €6,420 | -€175 | -2.6% |
| Tangible fixed assets | 22/27 | €175 | - | -€175 | |
| Furniture and vehicles | 24 | €175 | - | -€175 | |
| Financial fixed assets | 28 | €6,420 | €6,420 | = | 0.0% |
| Current assets | 29/58 | €39,000 | €36,151 | -€2,849 | -7.3% |
| Amounts receivable within one year | 40/41 | €34,145 | €23,441 | -€10,705 | -31.4% |
| Trade receivables | 40 | €25,003 | €23,441 | -€1,562 | -6.2% |
| Other amounts receivable | 41 | €9,142 | - | -€9,142 | |
| Cash at bank and in hand | 54/58 | €4,855 | €12,711 | +€7,856 | +162% |
| Total equity and liabilities | 10/49 | €45,595 | €42,571 | -€3,024 | -6.6% |
| Equity | 10/15 | €2,584 | €13,133 | +€10,549 | +408% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | -€11,676 | -€1,127 | +€10,549 | +90.3% |
| Amounts payable | 17/49 | €43,011 | €29,438 | -€13,572 | -31.6% |
| Amounts payable within one year | 42/48 | €43,011 | €29,438 | -€13,572 | -31.6% |
| Trade debts | 44 | €12,846 | €1,616 | -€11,231 | -87.4% |
| Suppliers | 440/4 | €12,846 | €1,616 | -€11,231 | -87.4% |
| Taxes, remuneration and social security | 45 | €30,164 | €27,823 | -€2,342 | -7.8% |
| Taxes | 450/3 | €19,130 | €14,493 | -€4,637 | -24.2% |
| Remuneration and social security | 454/9 | €11,034 | €13,330 | +€2,296 | +20.8% |
| Non-recurring operating income | 76A | €11,080 | - | -€11,080 | |
| Remuneration, social security and pensions | 62 | €34,732 | €26,874 | -€7,858 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,296 | €175 | -€2,121 | -92.4% |
| Other operating charges | 640/8 | €2,091 | €2,472 | +€381 | +18.2% |
| Gross operating margin | 9900 | €55,658 | €44,867 | -€10,791 | -19.4% |
| Operating profit (loss) | 9901 | €16,539 | €15,346 | -€1,193 | -7.2% |
| Financial income | 75/76B | €0 | €29 | +€29 | +9,028% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +9,028% |
| Financial charges | 65/66B | €843 | €768 | -€75 | -8.9% |
| Recurring financial charges | 65 | €843 | €768 | -€75 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €15,697 | €14,607 | -€1,089 | -6.9% |
| Income taxes | 67/77 | €4,140 | €4,058 | -€82 | -2.0% |
| Profit (loss) for the period | 9904 | €11,556 | €10,549 | -€1,008 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,556 | €10,549 | -€1,008 | -8.7% |
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 21 October 2026 via checked.be.