TAC TIC: 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.
TAC TIC
Largest movements
- Cash -€27,396
down €27,396 (-74.9%), from €36,554 to €9,159
mainly Investment in fixed assets (net) (-€53,927) and Trade debts (-€23,129)
- Tangible fixed assets +€20,487
up €20,487 (+18.7%), from €109,570 to €130,058
of which Furniture and vehicles: +€15,137
- Stocks and contracts +€7,942
up €7,942 (+20.4%), from €38,887 to €46,830
- Receivables within one year -€3,454
down €3,454 (-48.7%), from €7,085 to €3,631
of which Other amounts receivable: -€5,852
- Intangible fixed assets -€2,778
down €2,778 (-15.2%), from €18,273 to €15,496
- Profit (loss) carried forward +€23,687
up €23,687 (+24.6%), from €96,115 to €119,801
- Trade debts -€23,129
down €23,129 (-75.4%), from €30,673 to €7,545
- Debts after one year -€12,448
down €12,448 (-25.9%), from €47,971 to €35,524
- Current portion of long-term debt +€12,350
up €12,350 (+102.9%), from €11,998 to €24,348
- Purchases and services -€341,520
down €341,520 (-29.3%), from €1.2m to €824,570
- Turnover -€309,114
down €309,114 (-26.6%), from €1.2m to €851,287
- Gross operating margin +€23,047
up €23,047 (+28.0%), from €82,278 to €105,325
- Depreciation +€14,781
up €14,781 (+74.5%), from €19,837 to €34,617
- Staff costs +€14,163
up €14,163 (+75.9%), from €18,648 to €32,811
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 | €220,323 | €219,234 | -€1,090 | -0.5% |
| Fixed assets | 21/28 | €136,724 | €156,033 | +€19,310 | +14.1% |
| Intangible fixed assets | 21 | €18,273 | €15,496 | -€2,778 | -15.2% |
| Tangible fixed assets | 22/27 | €109,570 | €130,058 | +€20,487 | +18.7% |
| Plant, machinery and equipment | 23 | €5,017 | €2,152 | -€2,865 | -57.1% |
| Furniture and vehicles | 24 | €93,046 | €108,183 | +€15,137 | +16.3% |
| Other tangible fixed assets | 26 | €11,507 | €19,722 | +€8,215 | +71.4% |
| Financial fixed assets | 28 | €8,880 | €10,480 | +€1,600 | +18.0% |
| Current assets | 29/58 | €83,600 | €63,201 | -€20,399 | -24.4% |
| Stocks and contracts in progress | 3 | €38,887 | €46,830 | +€7,942 | +20.4% |
| Stocks | 30/36 | €38,887 | €46,830 | +€7,942 | +20.4% |
| Amounts receivable within one year | 40/41 | €7,085 | €3,631 | -€3,454 | -48.7% |
| Trade receivables | 40 | €1,233 | €3,631 | +€2,398 | +194.4% |
| Other amounts receivable | 41 | €5,852 | - | -€5,852 | |
| Cash at bank and in hand | 54/58 | €36,554 | €9,159 | -€27,396 | -74.9% |
| Deferred charges and accrued income | 490/1 | €1,073 | €3,581 | +€2,508 | +233.8% |
| Total equity and liabilities | 10/49 | €220,323 | €219,234 | -€1,090 | -0.5% |
| Equity | 10/15 | €114,312 | €137,998 | +€23,687 | +20.7% |
| Contributions | 10/11 | €16,197 | €16,197 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,115 | €119,801 | +€23,687 | +24.6% |
| Amounts payable | 17/49 | €106,011 | €81,235 | -€24,776 | -23.4% |
| Amounts payable after more than one year | 17 | €47,971 | €35,524 | -€12,448 | -25.9% |
| Financial debts | 170/4 | €47,971 | €35,524 | -€12,448 | -25.9% |
| Amounts payable within one year | 42/48 | €58,040 | €45,712 | -€12,328 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €11,998 | €24,348 | +€12,350 | +102.9% |
| Trade debts | 44 | €30,673 | €7,545 | -€23,129 | -75.4% |
| Suppliers | 440/4 | €30,673 | €7,545 | -€23,129 | -75.4% |
| Taxes, remuneration and social security | 45 | €15,369 | €13,819 | -€1,550 | -10.1% |
| Taxes | 450/3 | €8,732 | €9,463 | +€731 | +8.4% |
| Remuneration and social security | 454/9 | €6,636 | €4,355 | -€2,281 | -34.4% |
| Turnover | 70 | €1,160,401 | €851,287 | -€309,114 | -26.6% |
| Non-recurring operating income | 76A | - | €7,339 | +€7,339 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,166,089 | €824,570 | -€341,520 | -29.3% |
| Remuneration, social security and pensions | 62 | €18,648 | €32,811 | +€14,163 | +75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,837 | €34,617 | +€14,781 | +74.5% |
| Other operating charges | 640/8 | €12,195 | €8,636 | -€3,559 | -29.2% |
| Non-recurring operating charges | 66A | €6 | - | -€6 | |
| Gross operating margin | 9900 | €82,278 | €105,325 | +€23,047 | +28.0% |
| Operating profit (loss) | 9901 | €31,592 | €29,260 | -€2,332 | -7.4% |
| Financial income | 75/76B | €1,045 | €582 | -€463 | -44.3% |
| Recurring financial income | 75 | €4 | €582 | +€578 | +13099.1% |
| Non-recurring financial income | 76B | €1,041 | - | -€1,041 | |
| Financial charges | 65/66B | €4,937 | €5,638 | +€701 | +14.2% |
| Recurring financial charges | 65 | €4,937 | €5,578 | +€641 | +13.0% |
| Non-recurring financial charges | 66B | - | €60 | +€60 | |
| Profit (loss) for the period before taxes | 9903 | €27,700 | €24,205 | -€3,495 | -12.6% |
| Income taxes | 67/77 | €8,590 | €518 | -€8,072 | -94.0% |
| Profit (loss) for the period | 9904 | €19,110 | €23,687 | +€4,576 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,110 | €23,687 | +€4,576 | +23.9% |
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 8 October 2026 via checked.be.