TABU: 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.
TABU
Largest movements
- Receivables within one year -€73,934
down €73,934 (-82.7%), from €89,428 to €15,494
of which Other amounts receivable: -€40,794
- Tangible fixed assets -€37,343
down €37,343 (-4.5%), from €835,452 to €798,109
of which Land and buildings: -€29,471
- Cash -€17,175
down €17,175 (-8.9%), from €193,669 to €176,494
mainly Net result for the year (-€110,997) and Debts after one year (-€30,000)
- Reserves -€109,137
down €109,137 (-15.0%), from €728,066 to €618,929
of which Distributable reserves: -€110,997
- Debts after one year -€30,000
down €30,000 (-8.7%), from €345,550 to €315,550
- Accrued charges and deferred income +€13,677
up €13,677 (+16.0%), from €85,382 to €99,060
- Gross operating margin -€164,302
down €164,302, from €69,856 to -€94,447
- Financial income +€37,243
up €37,243 (+1310.3%), from €2,842 to €40,085
- Taxes -€5,292
down €5,292 (-89.1%), from €5,937 to €645
- Other operating charges -€2,613
down €2,613 (-45.5%), from €5,743 to €3,130
- Depreciation +€2,272
up €2,272 (+6.5%), from €35,071 to €37,343
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 | €1,203,068 | €1,068,428 | -€134,640 | -11.2% |
| Fixed assets | 21/28 | €855,512 | €818,169 | -€37,343 | -4.4% |
| Tangible fixed assets | 22/27 | €835,452 | €798,109 | -€37,343 | -4.5% |
| Land and buildings | 22 | €813,173 | €783,702 | -€29,471 | -3.6% |
| Plant, machinery and equipment | 23 | €3,421 | €2,748 | -€673 | -19.7% |
| Furniture and vehicles | 24 | €18,858 | €11,658 | -€7,200 | -38.2% |
| Financial fixed assets | 28 | €20,060 | €20,060 | = | 0.0% |
| Current assets | 29/58 | €347,556 | €250,259 | -€97,297 | -28.0% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Trade receivables | 290 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,428 | €15,494 | -€73,934 | -82.7% |
| Trade receivables | 40 | €33,394 | €253 | -€33,141 | -99.2% |
| Other amounts receivable | 41 | €56,035 | €15,241 | -€40,794 | -72.8% |
| Cash at bank and in hand | 54/58 | €193,669 | €176,494 | -€17,175 | -8.9% |
| Deferred charges and accrued income | 490/1 | €14,459 | €8,271 | -€6,188 | -42.8% |
| Total equity and liabilities | 10/49 | €1,203,068 | €1,068,428 | -€134,640 | -11.2% |
| Equity | 10/15 | €731,526 | €620,529 | -€110,997 | -15.2% |
| Contributions | 10/11 | €3,460 | €1,600 | -€1,860 | -53.8% |
| Reserves | 13 | €728,066 | €618,929 | -€109,137 | -15.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €728,066 | €617,069 | -€110,997 | -15.2% |
| Amounts payable | 17/49 | €471,542 | €447,899 | -€23,643 | -5.0% |
| Amounts payable after more than one year | 17 | €345,550 | €315,550 | -€30,000 | -8.7% |
| Financial debts | 170/4 | €345,550 | €315,550 | -€30,000 | -8.7% |
| Amounts payable within one year | 42/48 | €40,609 | €33,290 | -€7,320 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €9,977 | €0 | -€9,977 | -100.0% |
| Suppliers | 440/4 | €9,977 | €0 | -€9,977 | -100.0% |
| Taxes, remuneration and social security | 45 | €632 | €3,290 | +€2,658 | +420.5% |
| Taxes | 450/3 | €632 | €3,290 | +€2,658 | +420.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €85,382 | €99,060 | +€13,677 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,071 | €37,343 | +€2,272 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €250 | +€250 | |
| Other operating charges | 640/8 | €5,743 | €3,130 | -€2,613 | -45.5% |
| Gross operating margin | 9900 | €69,856 | -€94,447 | -€164,302 | |
| Operating profit (loss) | 9901 | €29,041 | -€135,170 | -€164,211 | |
| Financial income | 75/76B | €2,842 | €40,085 | +€37,243 | +1310.3% |
| Recurring financial income | 75 | €2,842 | €40,085 | +€37,243 | +1310.3% |
| Financial charges | 65/66B | €16,928 | €15,267 | -€1,661 | -9.8% |
| Recurring financial charges | 65 | €16,928 | €15,267 | -€1,661 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €14,955 | -€110,352 | -€125,307 | |
| Income taxes | 67/77 | €5,937 | €645 | -€5,292 | -89.1% |
| Profit (loss) for the period | 9904 | €9,018 | -€110,997 | -€120,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,018 | -€110,997 | -€120,015 |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.