LA TARTINE: what changed
LA TARTINE
Largest movements
- Tangible fixed assets -€22,598
down €22,598 (-7.5%), from €301,674 to €279,076
of which Land and buildings: -€19,055
- Receivables within one year +€15,275
up €15,275 (+142%), from €10,746 to €26,022
of which Other amounts receivable: +€14,629
- Cash -€11,290
down €11,290 (-92.0%), from €12,271 to €981
mainly Current portion of long-term debt (-€25,899) and Trade debts (-€17,143)
- Profit (loss) carried forward +€26,178
up €26,178 (+97.6%), from -€26,820 to -€642
- Current portion of long-term debt -€25,899
down €25,899 (-92.9%), from €27,869 to €1,970
- Trade debts -€17,143
down €17,143 (-56.1%), from €30,544 to €13,401
- Tax, wage and social debts -€3,900
down €3,900 (-49.8%), from €7,829 to €3,929
of which Remuneration and social security: -€3,955
- Staff costs -€14,605
down €14,605 (-37.7%), from €38,738 to €24,133
- Financial charges -€4,254
down €4,254 (-47.5%), from €8,951 to €4,697
- Depreciation -€2,721
down €2,721 (-10.6%), from €25,691 to €22,970
- Other operating charges -€2,635
down €2,635 (-49.9%), from €5,279 to €2,644
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 | €325,973 | €307,360 | -€18,613 | -5.7% |
| Fixed assets | 21/28 | €301,674 | €279,076 | -€22,598 | -7.5% |
| Tangible fixed assets | 22/27 | €301,674 | €279,076 | -€22,598 | -7.5% |
| Land and buildings | 22 | €291,783 | €272,728 | -€19,055 | -6.5% |
| Plant, machinery and equipment | 23 | €9,208 | €6,348 | -€2,859 | -31.1% |
| Leasing and similar rights | 25 | €684 | €0 | -€684 | -100% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €24,299 | €28,284 | +€3,985 | +16.4% |
| Stocks and contracts in progress | 3 | €1,281 | €1,281 | = | 0.0% |
| Stocks | 30/36 | €1,281 | €1,281 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,746 | €26,022 | +€15,275 | +142% |
| Trade receivables | 40 | €5,367 | €6,014 | +€647 | +12.0% |
| Other amounts receivable | 41 | €5,379 | €20,007 | +€14,629 | +272% |
| Cash at bank and in hand | 54/58 | €12,271 | €981 | -€11,290 | -92.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €325,973 | €307,360 | -€18,613 | -5.7% |
| Equity | 10/15 | €85,064 | €111,242 | +€26,178 | +30.8% |
| Contributions | 10/11 | €111,884 | €111,884 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,820 | -€642 | +€26,178 | +97.6% |
| Amounts payable | 17/49 | €240,909 | €196,118 | -€44,791 | -18.6% |
| Amounts payable after more than one year | 17 | €150,666 | €150,666 | = | 0.0% |
| Financial debts | 170/4 | €150,666 | €150,666 | = | 0.0% |
| Amounts payable within one year | 42/48 | €90,242 | €45,452 | -€44,791 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €27,869 | €1,970 | -€25,899 | -92.9% |
| Financial debts | 43 | €24,000 | €26,152 | +€2,152 | +9.0% |
| Credit institutions | 430/8 | €24,000 | €26,152 | +€2,152 | +9.0% |
| Trade debts | 44 | €30,544 | €13,401 | -€17,143 | -56.1% |
| Suppliers | 440/4 | €30,544 | €13,401 | -€17,143 | -56.1% |
| Taxes, remuneration and social security | 45 | €7,829 | €3,929 | -€3,900 | -49.8% |
| Taxes | 450/3 | €1,026 | €1,080 | +€54 | +5.3% |
| Remuneration and social security | 454/9 | €6,803 | €2,849 | -€3,955 | -58.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | €38,738 | €24,133 | -€14,605 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,691 | €22,970 | -€2,721 | -10.6% |
| Other operating charges | 640/8 | €5,279 | €2,644 | -€2,635 | -49.9% |
| Gross operating margin | 9900 | €80,435 | €80,006 | -€428 | -0.5% |
| Operating profit (loss) | 9901 | €10,727 | €30,259 | +€19,532 | +182% |
| Financial income | 75/76B | €3 | €616 | +€613 | +18,130% |
| Recurring financial income | 75 | €3 | €616 | +€613 | +18,130% |
| Financial charges | 65/66B | €8,951 | €4,697 | -€4,254 | -47.5% |
| Recurring financial charges | 65 | €8,951 | €4,697 | -€4,254 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €1,779 | €26,178 | +€24,399 | +1,371% |
| Profit (loss) for the period | 9904 | €1,779 | €26,178 | +€24,399 | +1,371% |
| Profit (loss) for the period to be appropriated | 9905 | €1,779 | €26,178 | +€24,399 | +1,371% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.