T.A. SYSTEMS: 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.
T.A. SYSTEMS
Largest movements
- Cash +€11,948
up €11,948 (+31.1%), from €38,427 to €50,374
mainly Trade debts (+€15,978) and Depreciation (+€6,053)
- Tangible fixed assets -€6,053
down €6,053 (-42.0%), from €14,397 to €8,345
of which Furniture and vehicles: -€4,655
- Receivables within one year +€2,781
up €2,781 (+11.2%), from €24,792 to €27,573
of which Other amounts receivable: +€3,083
- Trade debts +€15,978
up €15,978 (+220%), from €7,274 to €23,252
- Profit (loss) carried forward -€7,231
down €7,231 (-67.2%), from -€10,755 to -€17,987
- Other debts +€2,944
up €2,944 (+20.7%), from €14,191 to €17,136
- Current portion of long-term debt -€2,088
down €2,088 (-83.0%), from €2,516 to €429
- Taxes +€3,902
up €3,902 (+351%), from €1,111 to €5,013
- Gross operating margin -€3,379
down €3,379 (-39.8%), from €8,498 to €5,119
- Financial income +€141
up €141 (+413%), from €34 to €175
- Other operating charges +€132
up €132 (+12.3%), from €1,070 to €1,202
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 | €102,852 | €111,509 | +€8,657 | +8.4% |
| Fixed assets | 21/28 | €14,397 | €8,345 | -€6,053 | -42.0% |
| Tangible fixed assets | 22/27 | €14,397 | €8,345 | -€6,053 | -42.0% |
| Plant, machinery and equipment | 23 | €4,472 | €3,074 | -€1,398 | -31.3% |
| Furniture and vehicles | 24 | €9,925 | €5,270 | -€4,655 | -46.9% |
| Current assets | 29/58 | €88,455 | €103,165 | +€14,710 | +16.6% |
| Stocks and contracts in progress | 3 | €24,500 | €24,500 | = | 0.0% |
| Stocks | 30/36 | €24,500 | €24,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,792 | €27,573 | +€2,781 | +11.2% |
| Trade receivables | 40 | €23,149 | €22,847 | -€303 | -1.3% |
| Other amounts receivable | 41 | €1,643 | €4,726 | +€3,083 | +188% |
| Cash at bank and in hand | 54/58 | €38,427 | €50,374 | +€11,948 | +31.1% |
| Deferred charges and accrued income | 490/1 | €736 | €718 | -€19 | -2.5% |
| Total equity and liabilities | 10/49 | €102,852 | €111,509 | +€8,657 | +8.4% |
| Equity | 10/15 | €74,946 | €67,714 | -€7,231 | -9.6% |
| Contributions | 10/11 | €77,910 | €77,910 | = | 0.0% |
| Reserves | 13 | €7,791 | €7,791 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €7,791 | €7,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,755 | -€17,987 | -€7,231 | -67.2% |
| Amounts payable | 17/49 | €27,906 | €43,795 | +€15,889 | +56.9% |
| Amounts payable after more than one year | 17 | €421 | - | -€421 | |
| Financial debts | 170/4 | €421 | - | -€421 | |
| Amounts payable within one year | 42/48 | €27,486 | €43,795 | +€16,309 | +59.3% |
| Current portion of amounts payable after more than one year | 42 | €2,516 | €429 | -€2,088 | -83.0% |
| Trade debts | 44 | €7,274 | €23,252 | +€15,978 | +220% |
| Suppliers | 440/4 | €7,274 | €23,252 | +€15,978 | +220% |
| Taxes, remuneration and social security | 45 | €3,504 | €2,978 | -€526 | -15.0% |
| Taxes | 450/3 | €1,026 | €486 | -€540 | -52.6% |
| Remuneration and social security | 454/9 | €2,478 | €2,492 | +€14 | +0.6% |
| Other amounts payable | 47/48 | €14,191 | €17,136 | +€2,944 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,118 | €6,053 | -€65 | -1.1% |
| Other operating charges | 640/8 | €1,070 | €1,202 | +€132 | +12.3% |
| Gross operating margin | 9900 | €8,498 | €5,119 | -€3,379 | -39.8% |
| Operating profit (loss) | 9901 | €1,310 | -€2,136 | -€3,446 | |
| Financial income | 75/76B | €34 | €175 | +€141 | +413% |
| Recurring financial income | 75 | €34 | €175 | +€141 | +413% |
| Financial charges | 65/66B | €193 | €257 | +€64 | +33.0% |
| Recurring financial charges | 65 | €193 | €257 | +€64 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | €1,151 | -€2,218 | -€3,369 | |
| Income taxes | 67/77 | €1,111 | €5,013 | +€3,902 | +351% |
| Profit (loss) for the period | 9904 | €40 | -€7,231 | -€7,271 | |
| Profit (loss) for the period to be appropriated | 9905 | €40 | -€7,231 | -€7,271 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.