TAC IMMO: 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.
TAC IMMO
Largest movements
- Receivables within one year +€25,742
up €25,742 (+21.1%), from €122,187 to €147,928
of which Other amounts receivable: +€18,988
- Tangible fixed assets -€13,048
down €13,048 (-10.7%), from €122,404 to €109,356
- Debts after one year -€13,017
down €13,017 (-10.2%), from €127,189 to €114,173
- Other debts +€11,500
up €11,500 (+17.8%), from €64,469 to €75,969
- Profit (loss) carried forward +€9,058
up €9,058, from -€8,751 to €307
- Trade debts +€6,309
up €6,309, from €0 to €6,309
- Financial income +€1,632
up €1,632 (+45.0%), from €3,623 to €5,255
- Gross operating margin +€1,140
up €1,140 (+5.2%), from €22,050 to €23,190
- Turnover -€293
no longer reported in 2025 (was €293)
- Financial charges -€256
down €256 (-8.2%), from €3,109 to €2,853
- Other operating charges -€251
down €251 (-6.8%), from €3,673 to €3,422
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 | €245,663 | €259,837 | +€14,173 | +5.8% |
| Fixed assets | 21/28 | €122,404 | €109,356 | -€13,048 | -10.7% |
| Tangible fixed assets | 22/27 | €122,404 | €109,356 | -€13,048 | -10.7% |
| Land and buildings | 22 | €122,404 | €109,356 | -€13,048 | -10.7% |
| Current assets | 29/58 | €123,259 | €150,481 | +€27,222 | +22.1% |
| Amounts receivable within one year | 40/41 | €122,187 | €147,928 | +€25,742 | +21.1% |
| Trade receivables | 40 | €44,979 | €51,732 | +€6,754 | +15.0% |
| Other amounts receivable | 41 | €77,208 | €96,196 | +€18,988 | +24.6% |
| Cash at bank and in hand | 54/58 | €704 | €2,552 | +€1,848 | +262.4% |
| Deferred charges and accrued income | 490/1 | €368 | €0 | -€368 | -100.0% |
| Total equity and liabilities | 10/49 | €245,663 | €259,837 | +€14,173 | +5.8% |
| Equity | 10/15 | €41,249 | €50,307 | +€9,058 | +22.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,751 | €307 | +€9,058 | |
| Amounts payable | 17/49 | €204,414 | €209,530 | +€5,115 | +2.5% |
| Amounts payable after more than one year | 17 | €127,189 | €114,173 | -€13,017 | -10.2% |
| Financial debts | 170/4 | €127,189 | €114,173 | -€13,017 | -10.2% |
| Amounts payable within one year | 42/48 | €77,225 | €95,357 | +€18,132 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €12,756 | €13,017 | +€261 | +2.0% |
| Trade debts | 44 | €0 | €6,309 | +€6,309 | |
| Suppliers | 440/4 | €0 | €6,309 | +€6,309 | |
| Taxes, remuneration and social security | 45 | €0 | €63 | +€63 | |
| Taxes | 450/3 | €0 | €63 | +€63 | |
| Other amounts payable | 47/48 | €64,469 | €75,969 | +€11,500 | +17.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €293 | - | -€293 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,452 | €3,318 | -€134 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,048 | €13,048 | = | 0.0% |
| Other operating charges | 640/8 | €3,673 | €3,422 | -€251 | -6.8% |
| Gross operating margin | 9900 | €22,050 | €23,190 | +€1,140 | +5.2% |
| Operating profit (loss) | 9901 | €5,328 | €6,719 | +€1,391 | +26.1% |
| Financial income | 75/76B | €3,623 | €5,255 | +€1,632 | +45.0% |
| Recurring financial income | 75 | €3,623 | €5,255 | +€1,632 | +45.0% |
| Financial charges | 65/66B | €3,109 | €2,853 | -€256 | -8.2% |
| Recurring financial charges | 65 | €3,109 | €2,853 | -€256 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €5,842 | €9,121 | +€3,279 | +56.1% |
| Income taxes | 67/77 | - | €63 | +€63 | |
| Profit (loss) for the period | 9904 | €5,842 | €9,058 | +€3,216 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,842 | €9,058 | +€3,216 | +55.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.