TACCHINO: 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.
TACCHINO
Largest movements
- Receivables within one year -€48,096
down €48,096 (-81.4%), from €59,118 to €11,022
- Tangible fixed assets -€44,923
down €44,923 (-24.5%), from €183,056 to €138,133
of which Furniture and vehicles: -€31,265
- Cash +€40,552
up €40,552 (+107%), from €37,855 to €78,407
mainly Receivables within one year (+€48,096) and Net result for the year (+€39,550)
- Stocks and contracts -€15,120
no longer reported in 2025 (was €15,120)
- Reserves -€82,267
no longer reported in 2025 (was €82,267)
- Tax, wage and social debts +€32,986
up €32,986 (+244%), from €13,529 to €46,515
- Debts after one year -€27,972
down €27,972 (-26.8%), from €104,296 to €76,324
- Other debts +€5,036
up €5,036 (+10.9%), from €46,236 to €51,272
- Trade debts +€4,813
up €4,813 (+171%), from €2,817 to €7,630
- Write-downs +€33,863
new in 2025: €33,863
- Depreciation -€19,447
down €19,447 (-48.7%), from €39,905 to €20,458
- Staff costs -€9,662
down €9,662 (-90.0%), from €10,731 to €1,068
- Taxes +€8,413
up €8,413 (+252%), from €3,344 to €11,757
- Financial charges -€2,964
down €2,964 (-40.6%), from €7,298 to €4,334
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.
Derived cash bridge
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 | €300,481 | €228,312 | -€72,168 | -24.0% |
| Fixed assets | 21/28 | €186,056 | €138,883 | -€47,173 | -25.4% |
| Tangible fixed assets | 22/27 | €183,056 | €138,133 | -€44,923 | -24.5% |
| Land and buildings | 22 | €44,956 | €41,539 | -€3,417 | -7.6% |
| Plant, machinery and equipment | 23 | €2,686 | €966 | -€1,720 | -64.0% |
| Furniture and vehicles | 24 | €67,352 | €36,088 | -€31,265 | -46.4% |
| Leasing and similar rights | 25 | €68,061 | €59,540 | -€8,521 | -12.5% |
| Financial fixed assets | 28 | €3,000 | €750 | -€2,250 | -75.0% |
| Current assets | 29/58 | €114,425 | €89,429 | -€24,996 | -21.8% |
| Stocks and contracts in progress | 3 | €15,120 | - | -€15,120 | |
| Stocks | 30/36 | €15,120 | - | -€15,120 | |
| Amounts receivable within one year | 40/41 | €59,118 | €11,022 | -€48,096 | -81.4% |
| Trade receivables | 40 | €59,118 | €11,022 | -€48,096 | -81.4% |
| Cash at bank and in hand | 54/58 | €37,855 | €78,407 | +€40,552 | +107% |
| Deferred charges and accrued income | 490/1 | €2,332 | - | -€2,332 | |
| Total equity and liabilities | 10/49 | €300,481 | €228,312 | -€72,168 | -24.0% |
| Equity | 10/15 | €100,867 | €18,600 | -€82,267 | -81.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,267 | - | -€82,267 | |
| Distributable reserves | 133 | €82,267 | - | -€82,267 | |
| Amounts payable | 17/49 | €199,614 | €209,712 | +€10,099 | +5.1% |
| Amounts payable after more than one year | 17 | €104,296 | €76,324 | -€27,972 | -26.8% |
| Financial debts | 170/4 | €104,296 | €76,324 | -€27,972 | -26.8% |
| Amounts payable within one year | 42/48 | €95,318 | €133,388 | +€38,070 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | €29,451 | €27,972 | -€1,479 | -5.0% |
| Trade debts | 44 | €2,817 | €7,630 | +€4,813 | +171% |
| Suppliers | 440/4 | €2,817 | €7,630 | +€4,813 | +171% |
| Advances received on contracts in progress | 46 | €3,286 | - | -€3,286 | |
| Taxes, remuneration and social security | 45 | €13,529 | €46,515 | +€32,986 | +244% |
| Taxes | 450/3 | €13,529 | €46,515 | +€32,986 | +244% |
| Other amounts payable | 47/48 | €46,236 | €51,272 | +€5,036 | +10.9% |
| Non-recurring operating income | 76A | - | €48,836 | +€48,836 | |
| Remuneration, social security and pensions | 62 | €10,731 | €1,068 | -€9,662 | -90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,905 | €20,458 | -€19,447 | -48.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €33,863 | +€33,863 | |
| Other operating charges | 640/8 | €10,419 | €10,885 | +€467 | +4.5% |
| Non-recurring operating charges | 66A | €16,524 | - | -€16,524 | |
| Gross operating margin | 9900 | €122,804 | €121,784 | -€1,020 | -0.8% |
| Operating profit (loss) | 9901 | €45,226 | €55,509 | +€10,283 | +22.7% |
| Financial income | 75/76B | €17 | €131 | +€114 | +671% |
| Recurring financial income | 75 | €17 | €131 | +€114 | +671% |
| Financial charges | 65/66B | €7,298 | €4,334 | -€2,964 | -40.6% |
| Recurring financial charges | 65 | €7,298 | €4,334 | -€2,964 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €37,945 | €51,307 | +€13,361 | +35.2% |
| Income taxes | 67/77 | €3,344 | €11,757 | +€8,413 | +252% |
| Profit (loss) for the period | 9904 | €34,601 | €39,550 | +€4,949 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,601 | €39,550 | +€4,949 | +14.3% |
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 22 October 2026 via checked.be.