TACALI: what changed
What changed
TACALI
NACE 47.770, Retail sale of watches and jewellery
filed annual accounts (NBB)
Net result for the year
€12,498
2024 · €25,900-€13,402
Equity
€163,746
2024 · €151,247+€12,498
Cash
-
2024 · €16,990-€16,990
Balance sheet total
€241,768
2024 · €264,146-€22,378
Largest movements
Assets
- Cash -€16,990
no longer reported in 2025 (was €16,990)
mainly Trade debts (-€21,546) and Other debts (-€12,530)
- Stocks and contracts -€11,464
down €11,464 (-6.8%), from €168,582 to €157,118
- Receivables within one year +€4,817
up €4,817 (+25,512%), from €19 to €4,835
of which Trade receivables: +€4,810
Equity and liabilities
- Trade debts -€21,546
down €21,546 (-67.7%), from €31,814 to €10,269
- Other debts -€12,530
down €12,530 (-91.3%), from €13,721 to €1,191
- Reserves +€12,498
up €12,498 (+9.0%), from €138,847 to €151,346
of which Distributable reserves: +€12,498
- Short-term financial debts +€11,217
new in 2025: €11,217
- Current portion of long-term debt -€8,261
down €8,261 (-25.7%), from €32,125 to €23,864
Income statement
- Gross operating margin -€18,059
down €18,059 (-44.3%), from €40,756 to €22,697
- Taxes -€5,726
down €5,726 (-49.9%), from €11,483 to €5,758
- Financial charges +€904
up €904 (+20.8%), from €4,341 to €5,245
- Financial income +€551
up €551 (+23.3%), from €2,366 to €2,917
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€25,900
Gross operating margin
-€18,059
Staff costs
+€31
Depreciation
-€401
Other operating charges
-€345
Financial income
+€551
Financial charges
-€904
Taxes
+€5,726
Result 2025
€12,498
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€17,525
Investment
-€2,420
Financing
+€2,956
Cash 2024
€16,990
From operations (derived)
-€17,525
Net result for the year
+€12,498
Depreciation
+€1,162
Stocks and contracts
+€11,464
Receivables within one year
-€4,817
Deferred charges and accrued income
-€1
Trade debts
-€21,546
Tax, wage and social debts
-€6,438
Advances received
+€2,020
Other debts
-€12,530
Accrued charges and deferred income
+€662
Investment (derived)
-€2,420
Investment in fixed assets (net)
-€2,420
Financing
+€2,956
Current portion of long-term debt
-€8,261
Short-term financial debts
+€11,217
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,146 | €241,768 | -€22,378 | -8.5% |
| Fixed assets | 21/28 | €820 | €2,079 | +€1,258 | +153% |
| Tangible fixed assets | 22/27 | €820 | €2,079 | +€1,258 | +153% |
| Plant, machinery and equipment | 23 | €820 | €143 | -€678 | -82.6% |
| Other tangible fixed assets | 26 | - | €1,936 | +€1,936 | |
| Current assets | 29/58 | €263,326 | €239,690 | -€23,636 | -9.0% |
| Amounts receivable after more than one year | 29 | €76,000 | €76,000 | = | 0.0% |
| Other amounts receivable | 291 | €76,000 | €76,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €168,582 | €157,118 | -€11,464 | -6.8% |
| Stocks | 30/36 | €168,582 | €157,118 | -€11,464 | -6.8% |
| Amounts receivable within one year | 40/41 | €19 | €4,835 | +€4,817 | +25,512% |
| Trade receivables | 40 | €16 | €4,825 | +€4,810 | +30,831% |
| Other amounts receivable | 41 | €3 | €10 | +€7 | +212% |
| Cash at bank and in hand | 54/58 | €16,990 | - | -€16,990 | |
| Deferred charges and accrued income | 490/1 | €1,735 | €1,736 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €264,146 | €241,768 | -€22,378 | -8.5% |
| Equity | 10/15 | €151,247 | €163,746 | +€12,498 | +8.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €138,847 | €151,346 | +€12,498 | +9.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €136,987 | €149,486 | +€12,498 | +9.1% |
| Amounts payable | 17/49 | €112,899 | €78,023 | -€34,876 | -30.9% |
| Amounts payable within one year | 42/48 | €112,421 | €76,883 | -€35,538 | -31.6% |
| Current portion of amounts payable after more than one year | 42 | €32,125 | €23,864 | -€8,261 | -25.7% |
| Financial debts | 43 | - | €11,217 | +€11,217 | |
| Credit institutions | 430/8 | - | €11,217 | +€11,217 | |
| Trade debts | 44 | €31,814 | €10,269 | -€21,546 | -67.7% |
| Suppliers | 440/4 | €31,814 | €10,269 | -€21,546 | -67.7% |
| Advances received on contracts in progress | 46 | - | €2,020 | +€2,020 | |
| Taxes, remuneration and social security | 45 | €34,761 | €28,323 | -€6,438 | -18.5% |
| Taxes | 450/3 | €34,761 | €28,323 | -€6,438 | -18.5% |
| Other amounts payable | 47/48 | €13,721 | €1,191 | -€12,530 | -91.3% |
| Accrued charges and deferred income | 492/3 | €478 | €1,139 | +€662 | +139% |
| Remuneration, social security and pensions | 62 | €165 | €134 | -€31 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €761 | €1,162 | +€401 | +52.8% |
| Other operating charges | 640/8 | €472 | €817 | +€345 | +73.0% |
| Gross operating margin | 9900 | €40,756 | €22,697 | -€18,059 | -44.3% |
| Operating profit (loss) | 9901 | €39,358 | €20,584 | -€18,774 | -47.7% |
| Financial income | 75/76B | €2,366 | €2,917 | +€551 | +23.3% |
| Recurring financial income | 75 | €2,366 | €2,917 | +€551 | +23.3% |
| Financial charges | 65/66B | €4,341 | €5,245 | +€904 | +20.8% |
| Recurring financial charges | 65 | €4,341 | €5,245 | +€904 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €37,384 | €18,256 | -€19,128 | -51.2% |
| Income taxes | 67/77 | €11,483 | €5,758 | -€5,726 | -49.9% |
| Profit (loss) for the period | 9904 | €25,900 | €12,498 | -€13,402 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,900 | €12,498 | -€13,402 | -51.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.