DR. A. TARSIMI: 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.
DR. A. TARSIMI
Largest movements
- Cash -€11,543
down €11,543 (-30.4%), from €37,971 to €26,428
mainly Tax, wage and social debts (-€12,966) and Trade debts (-€705)
- Tax, wage and social debts -€12,966
down €12,966 (-98.2%), from €13,201 to €235
- Profit (loss) carried forward +€1,227
up €1,227 (+3.6%), from €33,755 to €34,982
- Trade debts -€705
down €705 (-77.6%), from €909 to €204
- Gross operating margin -€3,244
down €3,244 (-75.0%), from €4,324 to €1,080
- Taxes -€998
down €998, from €570 to -€427
- Depreciation +€464
up €464 (+2,867%), from €16 to €480
- Financial charges -€118
down €118 (-59.6%), from €199 to €80
- Other operating charges -€61
no longer reported in 2025 (was €61)
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 | €49,865 | €37,421 | -€12,443 | -25.0% |
| Fixed assets | 21/28 | €2,383 | €1,903 | -€480 | -20.1% |
| Tangible fixed assets | 22/27 | €2,383 | €1,903 | -€480 | -20.1% |
| Plant, machinery and equipment | 23 | €2,383 | €1,903 | -€480 | -20.1% |
| Current assets | 29/58 | €47,482 | €35,518 | -€11,964 | -25.2% |
| Amounts receivable within one year | 40/41 | €9,511 | €9,090 | -€421 | -4.4% |
| Trade receivables | 40 | €1,261 | - | -€1,261 | |
| Other amounts receivable | 41 | €8,250 | €9,090 | +€840 | +10.2% |
| Cash at bank and in hand | 54/58 | €37,971 | €26,428 | -€11,543 | -30.4% |
| Total equity and liabilities | 10/49 | €49,865 | €37,421 | -€12,443 | -25.0% |
| Equity | 10/15 | €35,755 | €36,982 | +€1,227 | +3.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,755 | €34,982 | +€1,227 | +3.6% |
| Amounts payable | 17/49 | €14,110 | €439 | -€13,671 | -96.9% |
| Amounts payable within one year | 42/48 | €14,110 | €439 | -€13,671 | -96.9% |
| Trade debts | 44 | €909 | €204 | -€705 | -77.6% |
| Suppliers | 440/4 | €909 | €204 | -€705 | -77.6% |
| Taxes, remuneration and social security | 45 | €13,201 | €235 | -€12,966 | -98.2% |
| Taxes | 450/3 | €13,201 | €235 | -€12,966 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16 | €480 | +€464 | +2,867% |
| Other operating charges | 640/8 | €61 | - | -€61 | |
| Non-recurring operating charges | 66A | €3,090 | - | -€3,090 | |
| Gross operating margin | 9900 | €4,324 | €1,080 | -€3,244 | -75.0% |
| Operating profit (loss) | 9901 | €1,157 | €600 | -€557 | -48.1% |
| Financial income | 75/76B | €255 | €280 | +€25 | +9.8% |
| Recurring financial income | 75 | €255 | €280 | +€25 | +9.8% |
| Financial charges | 65/66B | €199 | €80 | -€118 | -59.6% |
| Recurring financial charges | 65 | €199 | €80 | -€118 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €1,213 | €800 | -€413 | -34.1% |
| Income taxes | 67/77 | €570 | -€427 | -€998 | |
| Profit (loss) for the period | 9904 | €643 | €1,227 | +€584 | +90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €643 | €1,227 | +€584 | +90.9% |
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 17 October 2026 via checked.be.