TACK: 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.
TACK
Largest movements
- Cash -€84,486
down €84,486 (-45.2%), from €186,892 to €102,406
mainly Net result for the year (-€56,926) and Receivables within one year (-€35,757)
- Receivables within one year +€35,757
up €35,757 (+593.4%), from €6,026 to €41,783
of which Trade receivables: +€29,793
- Profit (loss) carried forward -€56,926
new in 2025: -€56,926
- Trade debts +€4,621
up €4,621 (+27.8%), from €16,634 to €21,255
- Tax, wage and social debts +€3,577
up €3,577 (+9.2%), from €38,925 to €42,502
of which Remuneration and social security: +€4,257
- Gross operating margin -€70,018
down €70,018 (-12.3%), from €571,547 to €501,529
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 | €192,917 | €144,189 | -€48,728 | -25.3% |
| Current assets | 29/58 | €192,917 | €144,189 | -€48,728 | -25.3% |
| Amounts receivable within one year | 40/41 | €6,026 | €41,783 | +€35,757 | +593.4% |
| Trade receivables | 40 | - | €29,793 | +€29,793 | |
| Other amounts receivable | 41 | €6,026 | €11,990 | +€5,965 | +99.0% |
| Cash at bank and in hand | 54/58 | €186,892 | €102,406 | -€84,486 | -45.2% |
| Total equity and liabilities | 10/49 | €192,917 | €144,189 | -€48,728 | -25.3% |
| Equity | 10/15 | €137,359 | €80,433 | -€56,926 | -41.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €75,859 | €75,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €69,709 | €69,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€56,926 | -€56,926 | |
| Amounts payable | 17/49 | €55,558 | €63,756 | +€8,198 | +14.8% |
| Amounts payable within one year | 42/48 | €55,558 | €63,756 | +€8,198 | +14.8% |
| Trade debts | 44 | €16,634 | €21,255 | +€4,621 | +27.8% |
| Suppliers | 440/4 | €16,634 | €21,255 | +€4,621 | +27.8% |
| Taxes, remuneration and social security | 45 | €38,925 | €42,502 | +€3,577 | +9.2% |
| Taxes | 450/3 | €1,323 | €643 | -€680 | -51.4% |
| Remuneration and social security | 454/9 | €37,602 | €41,858 | +€4,257 | +11.3% |
| Remuneration, social security and pensions | 62 | €557,989 | €560,647 | +€2,658 | +0.5% |
| Other operating charges | 640/8 | €889 | €1,043 | +€154 | +17.3% |
| Gross operating margin | 9900 | €571,547 | €501,529 | -€70,018 | -12.3% |
| Operating profit (loss) | 9901 | €12,669 | -€60,161 | -€72,830 | |
| Financial income | 75/76B | €16 | €3,757 | +€3,741 | +23545.4% |
| Recurring financial income | 75 | €16 | €180 | +€164 | +1032.8% |
| Non-recurring financial income | 76B | - | €3,577 | +€3,577 | |
| Financial charges | 65/66B | €97 | €522 | +€426 | +439.9% |
| Recurring financial charges | 65 | €97 | €522 | +€426 | +439.9% |
| Profit (loss) for the period before taxes | 9903 | €12,588 | -€56,926 | -€69,515 | |
| Income taxes | 67/77 | €3,510 | - | -€3,510 | |
| Profit (loss) for the period | 9904 | €9,079 | -€56,926 | -€66,005 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,079 | -€56,926 | -€66,005 |
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 4 October 2026 via checked.be.