TABARCO: 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.
TABARCO
Largest movements
- Cash +€10,327
up €10,327 (+21.6%), from €47,907 to €58,235
mainly Receivables within one year (+€5,490) and Depreciation (+€4,728)
- Receivables within one year -€5,490
down €5,490 (-90.0%), from €6,098 to €608
of which Other amounts receivable: -€5,490
- Tangible fixed assets -€4,728
down €4,728 (-2.3%), from €202,389 to €197,661
of which Land and buildings: -€2,594
- Profit (loss) carried forward +€4,332
up €4,332 (+5.1%), from €84,999 to €89,331
- Current portion of long-term debt -€2,997
down €2,997 (-4.4%), from €67,477 to €64,479
- Write-downs +€5,687
new in 2025: €5,687
- Gross operating margin +€3,593
up €3,593 (+13.0%), from €27,607 to €31,201
- Financial charges -€919
down €919 (-12.4%), from €7,416 to €6,497
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 | €259,166 | €259,667 | +€501 | +0.2% |
| Fixed assets | 21/28 | €202,389 | €197,661 | -€4,728 | -2.3% |
| Tangible fixed assets | 22/27 | €202,389 | €197,661 | -€4,728 | -2.3% |
| Land and buildings | 22 | €198,631 | €196,037 | -€2,594 | -1.3% |
| Plant, machinery and equipment | 23 | €3,758 | €1,624 | -€2,134 | -56.8% |
| Current assets | 29/58 | €56,777 | €62,006 | +€5,229 | +9.2% |
| Amounts receivable within one year | 40/41 | €6,098 | €608 | -€5,490 | -90.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,098 | €608 | -€5,490 | -90.0% |
| Cash at bank and in hand | 54/58 | €47,907 | €58,235 | +€10,327 | +21.6% |
| Deferred charges and accrued income | 490/1 | €2,771 | €3,163 | +€392 | +14.1% |
| Total equity and liabilities | 10/49 | €259,166 | €259,667 | +€501 | +0.2% |
| Equity | 10/15 | €158,749 | €163,081 | +€4,332 | +2.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €55,000 | €55,000 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,999 | €89,331 | +€4,332 | +5.1% |
| Amounts payable | 17/49 | €100,416 | €96,586 | -€3,831 | -3.8% |
| Amounts payable after more than one year | 17 | €24,789 | €24,789 | = | 0.0% |
| Other amounts payable | 178/9 | €24,789 | €24,789 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,597 | €64,676 | -€2,921 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €67,477 | €64,479 | -€2,997 | -4.4% |
| Trade debts | 44 | €120 | €197 | +€77 | +63.7% |
| Suppliers | 440/4 | €120 | €197 | +€77 | +63.7% |
| Accrued charges and deferred income | 492/3 | €8,030 | €7,120 | -€910 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,028 | €4,728 | -€300 | -6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,687 | +€5,687 | |
| Other operating charges | 640/8 | €7,333 | €7,565 | +€232 | +3.2% |
| Gross operating margin | 9900 | €27,607 | €31,201 | +€3,593 | +13.0% |
| Operating profit (loss) | 9901 | €15,246 | €13,220 | -€2,025 | -13.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -2.4% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -2.4% |
| Financial charges | 65/66B | €7,416 | €6,497 | -€919 | -12.4% |
| Recurring financial charges | 65 | €7,416 | €6,497 | -€919 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €7,830 | €6,724 | -€1,107 | -14.1% |
| Income taxes | 67/77 | €2,083 | €2,392 | +€308 | +14.8% |
| Profit (loss) for the period | 9904 | €5,747 | €4,332 | -€1,415 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,747 | €4,332 | -€1,415 | -24.6% |
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 12 October 2026 via checked.be.