F.TACHENY: 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.
F.TACHENY
Largest movements
- Cash -€118,372
down €118,372 (-73.1%), from €161,841 to €43,469
mainly Other debts (-€147,429) and Receivables after one year (-€117,453)
- Receivables after one year +€117,453
up €117,453 (+20.4%), from €574,748 to €692,201
- Receivables within one year -€41,749
down €41,749 (-53.1%), from €78,654 to €36,905
of which Other amounts receivable: -€78,654
- Tangible fixed assets -€22,071
down €22,071 (-17.4%), from €126,637 to €104,566
of which Furniture and vehicles: -€35,414
- Other debts -€147,429
down €147,429 (-32.0%), from €461,052 to €313,623
- Reserves +€120,821
up €120,821 (+46.3%), from €260,936 to €381,757
of which Distributable reserves: +€120,821
- Tax, wage and social debts -€29,353
down €29,353 (-39.9%), from €73,640 to €44,287
of which Taxes: -€23,542
- Gross operating margin +€9,865
up €9,865 (+3.8%), from €259,274 to €269,138
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 | €1,951,899 | €1,885,535 | -€66,364 | -3.4% |
| Fixed assets | 21/28 | €1,131,081 | €1,109,010 | -€22,071 | -2.0% |
| Tangible fixed assets | 22/27 | €126,637 | €104,566 | -€22,071 | -17.4% |
| Furniture and vehicles | 24 | €126,637 | €91,223 | -€35,414 | -28.0% |
| Other tangible fixed assets | 26 | - | €13,343 | +€13,343 | |
| Financial fixed assets | 28 | €1,004,444 | €1,004,444 | = | 0.0% |
| Current assets | 29/58 | €820,818 | €776,525 | -€44,293 | -5.4% |
| Amounts receivable after more than one year | 29 | €574,748 | €692,201 | +€117,453 | +20.4% |
| Other amounts receivable | 291 | €574,748 | €692,201 | +€117,453 | +20.4% |
| Amounts receivable within one year | 40/41 | €78,654 | €36,905 | -€41,749 | -53.1% |
| Trade receivables | 40 | - | €36,905 | +€36,905 | |
| Other amounts receivable | 41 | €78,654 | - | -€78,654 | |
| Cash at bank and in hand | 54/58 | €161,841 | €43,469 | -€118,372 | -73.1% |
| Deferred charges and accrued income | 490/1 | €5,575 | €3,950 | -€1,626 | -29.2% |
| Total equity and liabilities | 10/49 | €1,951,899 | €1,885,535 | -€66,364 | -3.4% |
| Equity | 10/15 | €900,946 | €1,021,767 | +€120,821 | +13.4% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €260,936 | €381,757 | +€120,821 | +46.3% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Other | 1319 | €3,720 | €3,720 | = | 0.0% |
| Distributable reserves | 133 | €257,216 | €378,037 | +€120,821 | +47.0% |
| Profit (loss) carried forward | 14 | €602,810 | €602,810 | = | 0.0% |
| Provisions and deferred taxes | 16 | €506,592 | €501,576 | -€5,016 | -1.0% |
| Provisions for liabilities and charges | 160/5 | €506,592 | €501,576 | -€5,016 | -1.0% |
| Environmental obligations | 163 | €506,592 | €501,576 | -€5,016 | -1.0% |
| Amounts payable | 17/49 | €544,362 | €362,192 | -€182,170 | -33.5% |
| Amounts payable within one year | 42/48 | €544,343 | €362,173 | -€182,170 | -33.5% |
| Trade debts | 44 | €9,651 | €4,263 | -€5,388 | -55.8% |
| Suppliers | 440/4 | €9,651 | €4,263 | -€5,388 | -55.8% |
| Taxes, remuneration and social security | 45 | €73,640 | €44,287 | -€29,353 | -39.9% |
| Taxes | 450/3 | €67,829 | €44,287 | -€23,542 | -34.7% |
| Remuneration and social security | 454/9 | €5,811 | - | -€5,811 | |
| Other amounts payable | 47/48 | €461,052 | €313,623 | -€147,429 | -32.0% |
| Accrued charges and deferred income | 492/3 | €19 | €19 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,633 | €35,962 | +€329 | +0.9% |
| Other operating charges | 640/8 | €2,029 | €2,137 | +€108 | +5.3% |
| Gross operating margin | 9900 | €259,274 | €269,138 | +€9,865 | +3.8% |
| Operating profit (loss) | 9901 | €221,612 | €231,039 | +€9,427 | +4.3% |
| Financial income | 75/76B | €18,645 | €17,453 | -€1,191 | -6.4% |
| Recurring financial income | 75 | €18,645 | €17,453 | -€1,191 | -6.4% |
| Financial charges | 65/66B | €65,844 | €63,974 | -€1,870 | -2.8% |
| Recurring financial charges | 65 | €65,844 | €63,974 | -€1,870 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €174,413 | €184,519 | +€10,106 | +5.8% |
| Income taxes | 67/77 | €63,261 | €63,698 | +€436 | +0.7% |
| Profit (loss) for the period | 9904 | €111,151 | €120,821 | +€9,670 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €111,151 | €120,821 | +€9,670 | +8.7% |
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 19 October 2026 via checked.be.