Tack-Build: 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-Build
Largest movements
- Stocks and contracts -€347,220
down €347,220 (-55.0%), from €630,929 to €283,709
- Current investments +€150,000
up €150,000 (+200.0%), from €75,000 to €225,000
- Cash +€148,786
up €148,786 (+1856.3%), from €8,015 to €156,802
mainly Stocks and contracts (+€347,220) and Net result for the year (+€58,139)
- Reserves +€64,914
up €64,914 (+11.2%), from €580,456 to €645,369
- Debts after one year -€59,705
down €59,705 (-100.0%), from €59,705 to €0
- Profit (loss) carried forward -€41,285
down €41,285 (-100.0%), from €41,285 to €0
- Current portion of long-term debt -€19,509
down €19,509 (-100.0%), from €19,509 to €0
- Other debts -€12,175
down €12,175 (-4.8%), from €252,450 to €240,274
- Gross operating margin -€96,448
down €96,448 (-54.3%), from €177,565 to €81,117
- Financial charges -€24,016
down €24,016 (-84.8%), from €28,335 to €4,320
- Taxes -€21,948
down €21,948 (-49.6%), from €44,267 to €22,319
- Other operating charges -€8,052
down €8,052 (-89.4%), from €9,005 to €953
- Financial income +€2,329
up €2,329 (+101.9%), from €2,285 to €4,614
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 | €961,282 | €904,844 | -€56,437 | -5.9% |
| Fixed assets | 21/28 | €153,422 | €153,422 | = | 0.0% |
| Tangible fixed assets | 22/27 | €153,422 | €153,422 | = | 0.0% |
| Furniture and vehicles | 24 | €153,422 | €153,422 | = | 0.0% |
| Current assets | 29/58 | €807,860 | €751,423 | -€56,437 | -7.0% |
| Stocks and contracts in progress | 3 | €630,929 | €283,709 | -€347,220 | -55.0% |
| Stocks | 30/36 | €630,929 | €283,709 | -€347,220 | -55.0% |
| Amounts receivable within one year | 40/41 | €90,818 | €82,735 | -€8,083 | -8.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €90,818 | €82,735 | -€8,083 | -8.9% |
| Current investments | 50/53 | €75,000 | €225,000 | +€150,000 | +200.0% |
| Cash at bank and in hand | 54/58 | €8,015 | €156,802 | +€148,786 | +1856.3% |
| Deferred charges and accrued income | 490/1 | €3,098 | €3,177 | +€80 | +2.6% |
| Total equity and liabilities | 10/49 | €961,282 | €904,844 | -€56,437 | -5.9% |
| Equity | 10/15 | €626,248 | €649,876 | +€23,628 | +3.8% |
| Contributions | 10/11 | €4,507 | €4,507 | = | 0.0% |
| Reserves | 13 | €580,456 | €645,369 | +€64,914 | +11.2% |
| Distributable reserves | 133 | €580,456 | €645,369 | +€64,914 | +11.2% |
| Profit (loss) carried forward | 14 | €41,285 | €0 | -€41,285 | -100.0% |
| Amounts payable | 17/49 | €335,034 | €254,968 | -€80,066 | -23.9% |
| Amounts payable after more than one year | 17 | €59,705 | €0 | -€59,705 | -100.0% |
| Financial debts | 170/4 | €59,705 | €0 | -€59,705 | -100.0% |
| Amounts payable within one year | 42/48 | €275,329 | €254,968 | -€20,361 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €19,509 | €0 | -€19,509 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,370 | €3,759 | +€389 | +11.5% |
| Suppliers | 440/4 | €3,370 | €3,759 | +€389 | +11.5% |
| Taxes, remuneration and social security | 45 | €0 | €10,935 | +€10,935 | |
| Taxes | 450/3 | €0 | €10,935 | +€10,935 | |
| Other amounts payable | 47/48 | €252,450 | €240,274 | -€12,175 | -4.8% |
| Other operating charges | 640/8 | €9,005 | €953 | -€8,052 | -89.4% |
| Gross operating margin | 9900 | €177,565 | €81,117 | -€96,448 | -54.3% |
| Operating profit (loss) | 9901 | €168,560 | €80,164 | -€88,396 | -52.4% |
| Financial income | 75/76B | €2,285 | €4,614 | +€2,329 | +101.9% |
| Recurring financial income | 75 | €2,285 | €4,614 | +€2,329 | +101.9% |
| Financial charges | 65/66B | €28,335 | €4,320 | -€24,016 | -84.8% |
| Recurring financial charges | 65 | €28,335 | €4,320 | -€24,016 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €142,510 | €80,458 | -€62,052 | -43.5% |
| Income taxes | 67/77 | €44,267 | €22,319 | -€21,948 | -49.6% |
| Profit (loss) for the period | 9904 | €98,243 | €58,139 | -€40,104 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €98,243 | €58,139 | -€40,104 | -40.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.