TACCSCO: 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.
TACCSCO
Largest movements
- Tangible fixed assets +€655,463
up €655,463 (+286%), from €229,039 to €884,502
of which Land and buildings: +€673,020
- Stocks and contracts +€60,478
up €60,478 (+53.1%), from €113,803 to €174,282
- Cash +€51,889
up €51,889 (+44.1%), from €117,696 to €169,585
mainly Debts after one year (+€505,752) and Other debts (+€247,375)
- Deferred charges and accrued income +€47,645
up €47,645 (+165%), from €28,862 to €76,506
- Receivables within one year +€30,881
up €30,881 (+93.4%), from €33,052 to €63,934
of which Trade receivables: +€39,925
- Debts after one year +€505,752
up €505,752 (+272%), from €186,121 to €691,874
- Other debts +€247,375
up €247,375 (+1,648%), from €15,010 to €262,385
- Short-term financial debts +€50,000
new in 2024: €50,000
- Current portion of long-term debt +€28,918
up €28,918 (+330%), from €8,773 to €37,691
- Tax, wage and social debts -€25,015
down €25,015 (-73.3%), from €34,133 to €9,117
- Other operating charges +€73,316
up €73,316 (+917%), from €7,995 to €81,311
- Gross operating margin +€71,889
up €71,889 (+44.7%), from €160,835 to €232,724
- Financial charges +€12,633
up €12,633 (+155%), from €8,132 to €20,765
- Taxes -€9,363
down €9,363 (-24.4%), from €38,441 to €29,079
- Depreciation +€6,205
up €6,205 (+23.7%), from €26,140 to €32,345
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €529,952 | €1,376,309 | +€846,357 | +160% |
| Fixed assets | 21/28 | €236,539 | €892,002 | +€655,463 | +277% |
| Tangible fixed assets | 22/27 | €229,039 | €884,502 | +€655,463 | +286% |
| Land and buildings | 22 | €154,336 | €827,356 | +€673,020 | +436% |
| Plant, machinery and equipment | 23 | €38,212 | €34,984 | -€3,228 | -8.4% |
| Furniture and vehicles | 24 | €32,108 | €18,810 | -€13,297 | -41.4% |
| Other tangible fixed assets | 26 | €4,383 | €3,351 | -€1,031 | -23.5% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €293,413 | €484,307 | +€190,894 | +65.1% |
| Stocks and contracts in progress | 3 | €113,803 | €174,282 | +€60,478 | +53.1% |
| Stocks | 30/36 | €113,803 | €174,282 | +€60,478 | +53.1% |
| Amounts receivable within one year | 40/41 | €33,052 | €63,934 | +€30,881 | +93.4% |
| Trade receivables | 40 | €24,008 | €63,934 | +€39,925 | +166% |
| Other amounts receivable | 41 | €9,044 | - | -€9,044 | |
| Cash at bank and in hand | 54/58 | €117,696 | €169,585 | +€51,889 | +44.1% |
| Deferred charges and accrued income | 490/1 | €28,862 | €76,506 | +€47,645 | +165% |
| Total equity and liabilities | 10/49 | €529,952 | €1,376,309 | +€846,357 | +160% |
| Equity | 10/15 | €279,812 | €302,023 | +€22,211 | +7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €261,212 | €283,423 | +€22,211 | +8.5% |
| Distributable reserves | 133 | €261,212 | €283,423 | +€22,211 | +8.5% |
| Amounts payable | 17/49 | €250,140 | €1,074,286 | +€824,146 | +329% |
| Amounts payable after more than one year | 17 | €186,121 | €691,874 | +€505,752 | +272% |
| Financial debts | 170/4 | €186,121 | €691,874 | +€505,752 | +272% |
| Amounts payable within one year | 42/48 | €59,777 | €367,047 | +€307,270 | +514% |
| Current portion of amounts payable after more than one year | 42 | €8,773 | €37,691 | +€28,918 | +330% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €1,860 | €7,853 | +€5,993 | +322% |
| Suppliers | 440/4 | €1,860 | €7,853 | +€5,993 | +322% |
| Taxes, remuneration and social security | 45 | €34,133 | €9,117 | -€25,015 | -73.3% |
| Taxes | 450/3 | €34,133 | €9,117 | -€25,015 | -73.3% |
| Other amounts payable | 47/48 | €15,010 | €262,385 | +€247,375 | +1,648% |
| Accrued charges and deferred income | 492/3 | €4,242 | €15,365 | +€11,124 | +262% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,140 | €32,345 | +€6,205 | +23.7% |
| Other operating charges | 640/8 | €7,995 | €81,311 | +€73,316 | +917% |
| Gross operating margin | 9900 | €160,835 | €232,724 | +€71,889 | +44.7% |
| Operating profit (loss) | 9901 | €126,700 | €119,068 | -€7,632 | -6.0% |
| Financial income | 75/76B | €330 | €123 | -€207 | -62.7% |
| Recurring financial income | 75 | €330 | €123 | -€207 | -62.7% |
| Financial charges | 65/66B | €8,132 | €20,765 | +€12,633 | +155% |
| Recurring financial charges | 65 | €8,132 | €20,765 | +€12,633 | +155% |
| Profit (loss) for the period before taxes | 9903 | €118,898 | €98,426 | -€20,472 | -17.2% |
| Income taxes | 67/77 | €38,441 | €29,079 | -€9,363 | -24.4% |
| Profit (loss) for the period | 9904 | €80,457 | €69,347 | -€11,110 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,457 | €69,347 | -€11,110 | -13.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.