DE TANDARTS: 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.
DE TANDARTS
Largest movements
- Cash +€53,880
up €53,880 (+211%), from €25,539 to €79,419
mainly Net result for the year (+€47,978) and Depreciation (+€19,529)
- Receivables within one year +€7,149
up €7,149 (+16.8%), from €42,675 to €49,823
of which Other amounts receivable: +€10,121
- Tangible fixed assets -€6,038
down €6,038 (-9.7%), from €62,457 to €56,420
of which Furniture and vehicles: -€11,436
- Deferred charges and accrued income -€2,133
down €2,133 (-56.2%), from €3,796 to €1,664
- Reserves +€47,978
up €47,978 (+71.3%), from €67,327 to €115,304
- Trade debts +€19,054
up €19,054 (+570%), from €3,344 to €22,398
- Debts after one year -€10,442
down €10,442 (-49.2%), from €21,240 to €10,798
- Current portion of long-term debt -€2,876
down €2,876 (-21.6%), from €13,318 to €10,442
- Gross operating margin +€34,076
up €34,076 (+53.1%), from €64,162 to €98,238
- Staff costs +€10,211
new in 2025: €10,211
- Financial income -€2,850
no longer reported in 2025 (was €2,850)
- Taxes -€2,061
down €2,061 (-10.2%), from €20,219 to €18,158
- Depreciation +€1,570
up €1,570 (+8.7%), from €17,958 to €19,529
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 | €134,468 | €187,326 | +€52,858 | +39.3% |
| Fixed assets | 21/28 | €62,457 | €56,420 | -€6,038 | -9.7% |
| Tangible fixed assets | 22/27 | €62,457 | €56,420 | -€6,038 | -9.7% |
| Plant, machinery and equipment | 23 | €23,069 | €28,467 | +€5,398 | +23.4% |
| Furniture and vehicles | 24 | €39,389 | €27,953 | -€11,436 | -29.0% |
| Current assets | 29/58 | €72,010 | €130,906 | +€58,896 | +81.8% |
| Amounts receivable within one year | 40/41 | €42,675 | €49,823 | +€7,149 | +16.8% |
| Trade receivables | 40 | €2,972 | - | -€2,972 | |
| Other amounts receivable | 41 | €39,702 | €49,823 | +€10,121 | +25.5% |
| Cash at bank and in hand | 54/58 | €25,539 | €79,419 | +€53,880 | +211% |
| Deferred charges and accrued income | 490/1 | €3,796 | €1,664 | -€2,133 | -56.2% |
| Total equity and liabilities | 10/49 | €134,468 | €187,326 | +€52,858 | +39.3% |
| Equity | 10/15 | €78,627 | €126,604 | +€47,978 | +61.0% |
| Contributions | 10/11 | €11,300 | €11,300 | = | 0.0% |
| Reserves | 13 | €67,327 | €115,304 | +€47,978 | +71.3% |
| Distributable reserves | 133 | €67,327 | €115,304 | +€47,978 | +71.3% |
| Amounts payable | 17/49 | €55,841 | €60,722 | +€4,881 | +8.7% |
| Amounts payable after more than one year | 17 | €21,240 | €10,798 | -€10,442 | -49.2% |
| Financial debts | 170/4 | €21,240 | €10,798 | -€10,442 | -49.2% |
| Amounts payable within one year | 42/48 | €34,601 | €49,923 | +€15,322 | +44.3% |
| Current portion of amounts payable after more than one year | 42 | €13,318 | €10,442 | -€2,876 | -21.6% |
| Trade debts | 44 | €3,344 | €22,398 | +€19,054 | +570% |
| Suppliers | 440/4 | €3,344 | €22,398 | +€19,054 | +570% |
| Taxes, remuneration and social security | 45 | €17,940 | €17,084 | -€856 | -4.8% |
| Taxes | 450/3 | €17,940 | €15,477 | -€2,463 | -13.7% |
| Remuneration and social security | 454/9 | - | €1,607 | +€1,607 | |
| Remuneration, social security and pensions | 62 | - | €10,211 | +€10,211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,958 | €19,529 | +€1,570 | +8.7% |
| Other operating charges | 640/8 | €1,458 | €1,759 | +€301 | +20.7% |
| Gross operating margin | 9900 | €64,162 | €98,238 | +€34,076 | +53.1% |
| Operating profit (loss) | 9901 | €44,746 | €66,740 | +€21,994 | +49.2% |
| Financial income | 75/76B | €2,850 | - | -€2,850 | |
| Recurring financial income | 75 | €2,850 | - | -€2,850 | |
| Financial charges | 65/66B | €1,061 | €604 | -€457 | -43.1% |
| Recurring financial charges | 65 | €1,061 | €604 | -€457 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €46,535 | €66,136 | +€19,601 | +42.1% |
| Income taxes | 67/77 | €20,219 | €18,158 | -€2,061 | -10.2% |
| Profit (loss) for the period | 9904 | €26,316 | €47,978 | +€21,662 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,316 | €47,978 | +€21,662 | +82.3% |
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 31 October 2026 via checked.be.