TEMOSO: 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.
TEMOSO
Largest movements
- Receivables within one year -€4.7m
down €4.7m (-81.8%), from €5.7m to €1.0m
of which Other amounts receivable: -€4.8m
- Financial fixed assets -€998,500
down €998,500 (-90.4%), from €1.1m to €105,792
- Tangible fixed assets +€689,089
up €689,089 (+15.4%), from €4.5m to €5.2m
of which Land and buildings: +€682,828
- Receivables after one year -€130,000
down €130,000 (-100%), from €130,000 to €0
- Other debts -€4.6m
down €4.6m (-96.9%), from €4.8m to €146,348
- Current portion of long-term debt -€511,854
down €511,854 (-94.9%), from €539,568 to €27,714
- Reserves +€223,747
up €223,747 (+5.6%), from €4.0m to €4.2m
of which Distributable reserves: +€359,784
- Trade debts -€136,612
down €136,612 (-87.4%), from €156,272 to €19,660
- Gross operating margin +€125,846
up €125,846 (+19.9%), from €631,011 to €756,857
- Taxes +€95,732
up €95,732 (+423%), from €22,629 to €118,361
- Financial charges +€47,171
up €47,171 (+51.2%), from €92,099 to €139,269
- Depreciation +€38,353
up €38,353 (+14.6%), from €263,559 to €301,912
- Financial income -€22,399
down €22,399 (-99.5%), from €22,521 to €121
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.
Derived cash bridge
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 | €11,482,711 | €6,451,715 | -€5.0m | -43.8% |
| Fixed assets | 21/28 | €5,573,313 | €5,263,902 | -€309,411 | -5.6% |
| Tangible fixed assets | 22/27 | €4,469,022 | €5,158,110 | +€689,089 | +15.4% |
| Land and buildings | 22 | €3,851,410 | €4,534,238 | +€682,828 | +17.7% |
| Plant, machinery and equipment | 23 | €291,843 | €292,894 | +€1,051 | +0.4% |
| Furniture and vehicles | 24 | €272,077 | €317,777 | +€45,700 | +16.8% |
| Leasing and similar rights | 25 | €53,692 | €13,201 | -€40,491 | -75.4% |
| Financial fixed assets | 28 | €1,104,292 | €105,792 | -€998,500 | -90.4% |
| Current assets | 29/58 | €5,909,397 | €1,187,813 | -€4.7m | -79.9% |
| Amounts receivable after more than one year | 29 | €130,000 | €0 | -€130,000 | -100% |
| Other amounts receivable | 291 | €130,000 | €0 | -€130,000 | -100% |
| Amounts receivable within one year | 40/41 | €5,725,831 | €1,042,749 | -€4.7m | -81.8% |
| Trade receivables | 40 | €195,333 | €350,005 | +€154,672 | +79.2% |
| Other amounts receivable | 41 | €5,530,498 | €692,745 | -€4.8m | -87.5% |
| Cash at bank and in hand | 54/58 | €48,087 | €139,337 | +€91,250 | +190% |
| Deferred charges and accrued income | 490/1 | €5,480 | €5,727 | +€247 | +4.5% |
| Total equity and liabilities | 10/49 | €11,482,711 | €6,451,715 | -€5.0m | -43.8% |
| Equity | 10/15 | €4,056,292 | €4,280,039 | +€223,747 | +5.5% |
| Contributions | 10/11 | €88,250 | €88,250 | = | 0.0% |
| Reserves | 13 | €3,968,042 | €4,191,789 | +€223,747 | +5.6% |
| Tax-exempt reserves | 132 | €1,273,826 | €1,137,789 | -€136,037 | -10.7% |
| Distributable reserves | 133 | €2,694,216 | €3,054,000 | +€359,784 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €424,609 | €379,263 | -€45,346 | -10.7% |
| Deferred taxes | 168 | €424,609 | €379,263 | -€45,346 | -10.7% |
| Amounts payable | 17/49 | €7,001,810 | €1,792,413 | -€5.2m | -74.4% |
| Amounts payable after more than one year | 17 | €1,440,549 | €1,493,815 | +€53,266 | +3.7% |
| Financial debts | 170/4 | €1,440,549 | €1,493,815 | +€53,266 | +3.7% |
| Amounts payable within one year | 42/48 | €5,479,934 | €227,418 | -€5.3m | -95.8% |
| Current portion of amounts payable after more than one year | 42 | €539,568 | €27,714 | -€511,854 | -94.9% |
| Trade debts | 44 | €156,272 | €19,660 | -€136,612 | -87.4% |
| Suppliers | 440/4 | €156,272 | €19,660 | -€136,612 | -87.4% |
| Taxes, remuneration and social security | 45 | €30,460 | €33,696 | +€3,237 | +10.6% |
| Taxes | 450/3 | €30,460 | €32,299 | +€1,840 | +6.0% |
| Remuneration and social security | 454/9 | €0 | €1,397 | +€1,397 | |
| Other amounts payable | 47/48 | €4,753,634 | €146,348 | -€4.6m | -96.9% |
| Accrued charges and deferred income | 492/3 | €81,327 | €71,180 | -€10,147 | -12.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | €42 | +€42 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263,559 | €301,912 | +€38,353 | +14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €22,268 | €4,735 | -€17,534 | -78.7% |
| Gross operating margin | 9900 | €631,011 | €756,857 | +€125,846 | +19.9% |
| Operating profit (loss) | 9901 | €345,184 | €450,169 | +€104,984 | +30.4% |
| Financial income | 75/76B | €22,521 | €121 | -€22,399 | -99.5% |
| Recurring financial income | 75 | €22,521 | €121 | -€22,399 | -99.5% |
| Financial charges | 65/66B | €92,099 | €139,269 | +€47,171 | +51.2% |
| Recurring financial charges | 65 | €92,099 | €139,269 | +€47,171 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €275,606 | €311,021 | +€35,414 | +12.8% |
| Transfer from deferred taxes | 780 | €21,523 | €35,003 | +€13,480 | +62.6% |
| Income taxes | 67/77 | €22,629 | €118,361 | +€95,732 | +423% |
| Profit (loss) for the period | 9904 | €274,500 | €227,663 | -€46,838 | -17.1% |
| Transfer from tax-exempt reserves | 789 | €64,570 | €105,010 | +€40,440 | +62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €339,070 | €332,673 | -€6,397 | -1.9% |
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 20 October 2026 via checked.be.