TAB: what changed
Two fiscal 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.
TAB
Largest movements
- Financial fixed assets +€100,000
new in 2025: €100,000
- Cash +€26,862
up €26,862 (+67.7%), from €39,681 to €66,543
mainly Current portion of long-term debt (+€100,000) and Other debts (+€85,331)
- Current investments -€10,531
down €10,531 (-11.1%), from €95,000 to €84,469
- Tangible fixed assets +€7,460
up €7,460 (+138.7%), from €5,377 to €12,837
- Receivables within one year -€3,324
down €3,324 (-23.4%), from €14,212 to €10,888
of which Other amounts receivable: -€3,566
- Current portion of long-term debt +€100,000
new in 2025: €100,000
- Other debts +€85,331
up €85,331 (+461.3%), from €18,500 to €103,831
- Reserves -€68,333
down €68,333 (-56.1%), from €121,781 to €53,448
- Tax, wage and social debts +€4,297
up €4,297 (+59.0%), from €7,277 to €11,574
- Trade debts -€3,467
down €3,467 (-93.4%), from €3,712 to €245
- Gross operating margin -€24,658
down €24,658 (-27.0%), from €91,411 to €66,754
- Taxes -€7,506
down €7,506 (-35.6%), from €21,080 to €13,574
- Financial income -€5,213
down €5,213 (-50.3%), from €10,364 to €5,152
- Financial charges +€2,757
up €2,757 (+117823.5%), from €2 to €2,759
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.
Cash bridge derived
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 | €154,270 | €274,736 | +€120,467 | +78.1% |
| Fixed assets | 21/28 | €5,377 | €112,837 | +€107,460 | +1998.4% |
| Tangible fixed assets | 22/27 | €5,377 | €12,837 | +€7,460 | +138.7% |
| Furniture and vehicles | 24 | €5,377 | €12,837 | +€7,460 | +138.7% |
| Financial fixed assets | 28 | - | €100,000 | +€100,000 | |
| Current assets | 29/58 | €148,892 | €161,899 | +€13,007 | +8.7% |
| Amounts receivable within one year | 40/41 | €14,212 | €10,888 | -€3,324 | -23.4% |
| Trade receivables | 40 | €7,805 | €8,047 | +€242 | +3.1% |
| Other amounts receivable | 41 | €6,407 | €2,841 | -€3,566 | -55.7% |
| Current investments | 50/53 | €95,000 | €84,469 | -€10,531 | -11.1% |
| Cash at bank and in hand | 54/58 | €39,681 | €66,543 | +€26,862 | +67.7% |
| Total equity and liabilities | 10/49 | €154,270 | €274,736 | +€120,467 | +78.1% |
| Equity | 10/15 | €124,781 | €56,448 | -€68,333 | -54.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €121,781 | €53,448 | -€68,333 | -56.1% |
| Distributable reserves | 133 | €121,781 | €53,448 | -€68,333 | -56.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,489 | €218,289 | +€188,800 | +640.2% |
| Amounts payable within one year | 42/48 | €29,489 | €215,650 | +€186,161 | +631.3% |
| Current portion of amounts payable after more than one year | 42 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €3,712 | €245 | -€3,467 | -93.4% |
| Suppliers | 440/4 | €3,712 | €245 | -€3,467 | -93.4% |
| Taxes, remuneration and social security | 45 | €7,277 | €11,574 | +€4,297 | +59.0% |
| Taxes | 450/3 | €7,277 | €11,574 | +€4,297 | +59.0% |
| Other amounts payable | 47/48 | €18,500 | €103,831 | +€85,331 | +461.3% |
| Accrued charges and deferred income | 492/3 | - | €2,638 | +€2,638 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €608 | €1,416 | +€808 | +132.7% |
| Other operating charges | 640/8 | €650 | €708 | +€58 | +9.0% |
| Gross operating margin | 9900 | €91,411 | €66,754 | -€24,658 | -27.0% |
| Operating profit (loss) | 9901 | €90,153 | €64,630 | -€25,523 | -28.3% |
| Financial income | 75/76B | €10,364 | €5,152 | -€5,213 | -50.3% |
| Recurring financial income | 75 | €10,364 | €5,152 | -€5,213 | -50.3% |
| Financial charges | 65/66B | €2 | €2,759 | +€2,757 | +117823.5% |
| Recurring financial charges | 65 | €2 | €2,759 | +€2,757 | +117823.5% |
| Profit (loss) for the period before taxes | 9903 | €100,515 | €67,022 | -€33,493 | -33.3% |
| Income taxes | 67/77 | €21,080 | €13,574 | -€7,506 | -35.6% |
| Profit (loss) for the period | 9904 | €79,435 | €53,448 | -€25,987 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €79,435 | €53,448 | -€25,987 | -32.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.