TEMEKA: what changed
TEMEKA
Largest movements
- Tangible fixed assets +€58,358
up €58,358 (+23.6%), from €247,542 to €305,900
of which Plant, machinery and equipment: +€65,611
- Receivables within one year -€15,198
down €15,198 (-21.4%), from €70,903 to €55,705
of which Other amounts receivable: -€10,092
- Stocks and contracts +€12,579
up €12,579 (+10.9%), from €115,373 to €127,952
- Cash +€11,417
up €11,417 (+11.8%), from €97,004 to €108,421
mainly Depreciation (+€42,822) and Net result for the year (+€27,913)
- Debts after one year +€26,416
up €26,416 (+19.3%), from €136,601 to €163,017
of which Other amounts payable: +€50,000
- Short-term financial debts +€25,000
new in 2025: €25,000
- Other debts +€20,000
up €20,000 (+200%), from €9,976 to €29,976
- Trade debts -€14,228
down €14,228 (-29.5%), from €48,228 to €34,000
- Profit (loss) carried forward +€7,913
up €7,913 (+5.8%), from €136,699 to €144,612
- Gross operating margin +€30,325
up €30,325 (+9.0%), from €337,155 to €367,481
- Staff costs +€17,765
up €17,765 (+6.8%), from €259,878 to €277,643
- Depreciation +€10,351
up €10,351 (+31.9%), from €32,471 to €42,822
- Financial income +€9,366
up €9,366 (+353%), from €2,653 to €12,019
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €542,663 | €609,989 | +€67,326 | +12.4% |
| Fixed assets | 21/28 | €255,925 | €314,150 | +€58,225 | +22.8% |
| Intangible fixed assets | 21 | €133 | - | -€133 | |
| Tangible fixed assets | 22/27 | €247,542 | €305,900 | +€58,358 | +23.6% |
| Land and buildings | 22 | €152,356 | €145,104 | -€7,252 | -4.8% |
| Plant, machinery and equipment | 23 | €95,186 | €160,797 | +€65,611 | +68.9% |
| Financial fixed assets | 28 | €8,250 | €8,250 | = | 0.0% |
| Current assets | 29/58 | €286,738 | €295,839 | +€9,101 | +3.2% |
| Stocks and contracts in progress | 3 | €115,373 | €127,952 | +€12,579 | +10.9% |
| Stocks | 30/36 | €115,373 | €127,952 | +€12,579 | +10.9% |
| Amounts receivable within one year | 40/41 | €70,903 | €55,705 | -€15,198 | -21.4% |
| Trade receivables | 40 | €48,557 | €43,452 | -€5,106 | -10.5% |
| Other amounts receivable | 41 | €22,345 | €12,253 | -€10,092 | -45.2% |
| Cash at bank and in hand | 54/58 | €97,004 | €108,421 | +€11,417 | +11.8% |
| Deferred charges and accrued income | 490/1 | €3,457 | €3,761 | +€304 | +8.8% |
| Total equity and liabilities | 10/49 | €542,663 | €609,989 | +€67,326 | +12.4% |
| Equity | 10/15 | €274,236 | €286,418 | +€12,182 | +4.4% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,699 | €144,612 | +€7,913 | +5.8% |
| Investment grants | 15 | €37 | €4,305 | +€4,268 | +11,558% |
| Amounts payable | 17/49 | €268,426 | €323,571 | +€55,145 | +20.5% |
| Amounts payable after more than one year | 17 | €136,601 | €163,017 | +€26,416 | +19.3% |
| Financial debts | 170/4 | €136,601 | €113,017 | -€23,584 | -17.3% |
| Other amounts payable | 178/9 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €131,825 | €159,382 | +€27,556 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €30,612 | €23,584 | -€7,028 | -23.0% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €48,228 | €34,000 | -€14,228 | -29.5% |
| Suppliers | 440/4 | €48,228 | €34,000 | -€14,228 | -29.5% |
| Taxes, remuneration and social security | 45 | €43,010 | €46,822 | +€3,812 | +8.9% |
| Taxes | 450/3 | €4,968 | €5,676 | +€708 | +14.3% |
| Remuneration and social security | 454/9 | €38,042 | €41,146 | +€3,104 | +8.2% |
| Other amounts payable | 47/48 | €9,976 | €29,976 | +€20,000 | +200% |
| Accrued charges and deferred income | 492/3 | - | €1,173 | +€1,173 | |
| Remuneration, social security and pensions | 62 | €259,878 | €277,643 | +€17,765 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,471 | €42,822 | +€10,351 | +31.9% |
| Other operating charges | 640/8 | €15,557 | €14,946 | -€611 | -3.9% |
| Gross operating margin | 9900 | €337,155 | €367,481 | +€30,325 | +9.0% |
| Operating profit (loss) | 9901 | €29,249 | €32,070 | +€2,820 | +9.6% |
| Financial income | 75/76B | €2,653 | €12,019 | +€9,366 | +353% |
| Recurring financial income | 75 | €2,653 | €12,019 | +€9,366 | +353% |
| Financial charges | 65/66B | €10,384 | €11,217 | +€833 | +8.0% |
| Recurring financial charges | 65 | €10,384 | €11,217 | +€833 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €21,518 | €32,871 | +€11,353 | +52.8% |
| Income taxes | 67/77 | €3,937 | €4,958 | +€1,021 | +25.9% |
| Profit (loss) for the period | 9904 | €17,581 | €27,913 | +€10,332 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,581 | €27,913 | +€10,332 | +58.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.