TTM Machinery: 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.
TTM Machinery
Largest movements
- Receivables within one year +€198,470
up €198,470 (+63.3%), from €313,583 to €512,053
of which Trade receivables: +€207,816
- Cash -€42,029
down €42,029 (-47.7%), from €88,094 to €46,065
mainly Receivables within one year (-€198,470) and Stocks and contracts (-€32,350)
- Stocks and contracts +€32,350
up €32,350 (+55.4%), from €58,400 to €90,750
- Trade debts +€78,343
up €78,343 (+51.2%), from €153,096 to €231,438
- Profit (loss) carried forward +€69,052
up €69,052 (+71.9%), from €95,985 to €165,037
- Other debts +€36,052
up €36,052 (+16.8%), from €215,065 to €251,118
- Turnover -€3.3m
no longer reported in 2023 (was €3.3m)
- Purchases and services -€3.3m
no longer reported in 2023 (was €3.3m)
- Gross operating margin +€52,240
up €52,240 (+165%), from €31,719 to €83,959
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €482,696 | €666,143 | +€183,447 | +38.0% |
| Fixed assets | 21/28 | €22,619 | €17,275 | -€5,344 | -23.6% |
| Tangible fixed assets | 22/27 | €22,619 | €17,275 | -€5,344 | -23.6% |
| Furniture and vehicles | 24 | €22,619 | €17,275 | -€5,344 | -23.6% |
| Current assets | 29/58 | €460,077 | €648,868 | +€188,791 | +41.0% |
| Stocks and contracts in progress | 3 | €58,400 | €90,750 | +€32,350 | +55.4% |
| Stocks | 30/36 | €58,400 | €90,750 | +€32,350 | +55.4% |
| Amounts receivable within one year | 40/41 | €313,583 | €512,053 | +€198,470 | +63.3% |
| Trade receivables | 40 | €299,960 | €507,776 | +€207,816 | +69.3% |
| Other amounts receivable | 41 | €13,623 | €4,277 | -€9,346 | -68.6% |
| Cash at bank and in hand | 54/58 | €88,094 | €46,065 | -€42,029 | -47.7% |
| Total equity and liabilities | 10/49 | €482,696 | €666,143 | +€183,447 | +38.0% |
| Equity | 10/15 | €114,535 | €183,587 | +€69,052 | +60.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,985 | €165,037 | +€69,052 | +71.9% |
| Amounts payable | 17/49 | €368,161 | €482,556 | +€114,395 | +31.1% |
| Amounts payable within one year | 42/48 | €368,161 | €482,556 | +€114,395 | +31.1% |
| Trade debts | 44 | €153,096 | €231,438 | +€78,343 | +51.2% |
| Suppliers | 440/4 | €153,096 | €231,438 | +€78,343 | +51.2% |
| Other amounts payable | 47/48 | €215,065 | €251,118 | +€36,052 | +16.8% |
| Turnover | 70 | €3,304,200 | - | -€3.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,276,713 | - | -€3.3m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,661 | €5,344 | +€1,683 | +46.0% |
| Other operating charges | 640/8 | €2,973 | €2,617 | -€356 | -12.0% |
| Gross operating margin | 9900 | €31,719 | €83,959 | +€52,240 | +165% |
| Operating profit (loss) | 9901 | €25,086 | €75,998 | +€50,913 | +203% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €328 | €289 | -€39 | -11.9% |
| Recurring financial charges | 65 | €328 | €289 | -€39 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €24,759 | €75,710 | +€50,951 | +206% |
| Income taxes | 67/77 | €6,679 | €6,658 | -€20 | -0.3% |
| Profit (loss) for the period | 9904 | €18,080 | €69,052 | +€50,972 | +282% |
| Profit (loss) for the period to be appropriated | 9905 | €18,080 | €69,052 | +€50,972 | +282% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.