TACK MAARTEN: 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.
TACK MAARTEN
Largest movements
- Tangible fixed assets -€27,223
down €27,223 (-65.3%), from €41,675 to €14,452
of which Furniture and vehicles: -€23,545
- Cash +€19,317
up €19,317 (+966.3%), from €1,999 to €21,316
mainly Investment in fixed assets (net) (+€19,509) and Net result for the year (+€7,736)
- Receivables within one year +€7,220
up €7,220 (+5511.3%), from €131 to €7,351
of which Trade receivables: +€6,783
- Deferred charges and accrued income -€679
down €679 (-55.7%), from €1,219 to €540
- Profit (loss) carried forward +€7,736
up €7,736 (+49.8%), from -€15,547 to -€7,811
- Debts after one year -€7,509
no longer reported in 2025 (was €7,509)
- Current portion of long-term debt -€6,287
no longer reported in 2025 (was €6,287)
- Accrued charges and deferred income +€3,071
new in 2025: €3,071
- Trade debts +€863
up €863 (+175.5%), from €492 to €1,355
- Gross operating margin +€16,387
up €16,387 (+6207.3%), from €264 to €16,651
- Depreciation -€3,653
down €3,653 (-32.1%), from €11,367 to €7,714
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 | €45,024 | €43,658 | -€1,366 | -3.0% |
| Fixed assets | 21/28 | €41,675 | €14,452 | -€27,223 | -65.3% |
| Tangible fixed assets | 22/27 | €41,675 | €14,452 | -€27,223 | -65.3% |
| Plant, machinery and equipment | 23 | €3,678 | - | -€3,678 | |
| Furniture and vehicles | 24 | €37,997 | €14,452 | -€23,545 | -62.0% |
| Current assets | 29/58 | €3,349 | €29,206 | +€25,857 | +772.1% |
| Amounts receivable within one year | 40/41 | €131 | €7,351 | +€7,220 | +5511.3% |
| Trade receivables | 40 | - | €6,783 | +€6,783 | |
| Other amounts receivable | 41 | €131 | €567 | +€436 | +333.0% |
| Cash at bank and in hand | 54/58 | €1,999 | €21,316 | +€19,317 | +966.3% |
| Deferred charges and accrued income | 490/1 | €1,219 | €540 | -€679 | -55.7% |
| Total equity and liabilities | 10/49 | €45,024 | €43,658 | -€1,366 | -3.0% |
| Equity | 10/15 | -€13,547 | -€5,811 | +€7,736 | +57.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,547 | -€7,811 | +€7,736 | +49.8% |
| Amounts payable | 17/49 | €58,571 | €49,469 | -€9,102 | -15.5% |
| Amounts payable after more than one year | 17 | €7,509 | - | -€7,509 | |
| Financial debts | 170/4 | €7,509 | - | -€7,509 | |
| Amounts payable within one year | 42/48 | €51,062 | €46,398 | -€4,664 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €6,287 | - | -€6,287 | |
| Trade debts | 44 | €492 | €1,355 | +€863 | +175.5% |
| Suppliers | 440/4 | €492 | €1,355 | +€863 | +175.5% |
| Taxes, remuneration and social security | 45 | - | €817 | +€817 | |
| Taxes | 450/3 | - | €817 | +€817 | |
| Other amounts payable | 47/48 | €44,283 | €44,225 | -€58 | -0.1% |
| Accrued charges and deferred income | 492/3 | - | €3,071 | +€3,071 | |
| Non-recurring operating income | 76A | - | €7,351 | +€7,351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,367 | €7,714 | -€3,653 | -32.1% |
| Other operating charges | 640/8 | €887 | €863 | -€24 | -2.7% |
| Gross operating margin | 9900 | €264 | €16,651 | +€16,387 | +6207.3% |
| Operating profit (loss) | 9901 | -€11,990 | €8,074 | +€20,064 | |
| Financial income | 75/76B | €47 | €1 | -€47 | -98.9% |
| Recurring financial income | 75 | €47 | €1 | -€47 | -98.9% |
| Financial charges | 65/66B | €336 | €338 | +€2 | +0.7% |
| Recurring financial charges | 65 | €336 | €338 | +€2 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,279 | €7,736 | +€20,015 | |
| Profit (loss) for the period | 9904 | -€12,279 | €7,736 | +€20,015 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,279 | €7,736 | +€20,015 |
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 11 October 2026 via checked.be.