Tack Water Services: 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 Water Services
Largest movements
- Cash -€238,660
down €238,660 (-93.5%), from €255,237 to €16,577
mainly Other debts (-€240,000) and Tax, wage and social debts (-€50,799)
- Tangible fixed assets -€70,030
down €70,030 (-8.3%), from €848,099 to €778,069
- Receivables within one year +€30,000
up €30,000, from €0 to €30,000
of which Trade receivables: +€30,000
- Other debts -€240,000
down €240,000 (-77.8%), from €308,550 to €68,550
- Tax, wage and social debts -€50,799
no longer reported in 2025 (was €50,799)
- Reserves -€15,510
down €15,510 (-1.7%), from €916,425 to €900,915
of which Tax-exempt reserves: -€15,510
- Trade debts +€14,897
up €14,897 (+1,797%), from €829 to €15,726
- Financial charges -€275,128
down €275,128 (-99.9%), from €275,515 to €387
- Gross operating margin -€60,486
down €60,486 (-56.0%), from €107,977 to €47,491
- Depreciation -€32,952
down €32,952 (-45.0%), from €73,255 to €40,303
- Other operating charges +€2,670
up €2,670 (+17.0%), from €15,742 to €18,413
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 | €1,115,336 | €835,257 | -€280,079 | -25.1% |
| Fixed assets | 21/28 | €848,099 | €778,069 | -€70,030 | -8.3% |
| Tangible fixed assets | 22/27 | €848,099 | €778,069 | -€70,030 | -8.3% |
| Land and buildings | 22 | €310,291 | €304,243 | -€6,048 | -1.9% |
| Furniture and vehicles | 24 | €30,377 | €224 | -€30,153 | -99.3% |
| Leasing and similar rights | 25 | €507,431 | €473,602 | -€33,828 | -6.7% |
| Current assets | 29/58 | €267,237 | €57,188 | -€210,049 | -78.6% |
| Amounts receivable within one year | 40/41 | €0 | €30,000 | +€30,000 | |
| Trade receivables | 40 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €255,237 | €16,577 | -€238,660 | -93.5% |
| Deferred charges and accrued income | 490/1 | €12,000 | €10,611 | -€1,389 | -11.6% |
| Total equity and liabilities | 10/49 | €1,115,336 | €835,257 | -€280,079 | -25.1% |
| Equity | 10/15 | €678,752 | €672,247 | -€6,505 | -1.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €27,238 | €27,238 | = | 0.0% |
| Reserves | 13 | €916,425 | €900,915 | -€15,510 | -1.7% |
| Tax-exempt reserves | 132 | €916,425 | €900,915 | -€15,510 | -1.7% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€283,461 | -€274,456 | +€9,005 | +3.2% |
| Provisions and deferred taxes | 16 | €76,405 | €71,298 | -€5,107 | -6.7% |
| Deferred taxes | 168 | €76,405 | €71,298 | -€5,107 | -6.7% |
| Amounts payable | 17/49 | €360,178 | €91,712 | -€268,467 | -74.5% |
| Amounts payable within one year | 42/48 | €360,178 | €84,276 | -€275,902 | -76.6% |
| Trade debts | 44 | €829 | €15,726 | +€14,897 | +1,797% |
| Suppliers | 440/4 | €829 | €15,726 | +€14,897 | +1,797% |
| Taxes, remuneration and social security | 45 | €50,799 | - | -€50,799 | |
| Taxes | 450/3 | €50,799 | - | -€50,799 | |
| Other amounts payable | 47/48 | €308,550 | €68,550 | -€240,000 | -77.8% |
| Accrued charges and deferred income | 492/3 | - | €7,435 | +€7,435 | |
| Non-recurring operating income | 76A | - | €273 | +€273 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,255 | €40,303 | -€32,952 | -45.0% |
| Other operating charges | 640/8 | €15,742 | €18,413 | +€2,670 | +17.0% |
| Gross operating margin | 9900 | €107,977 | €47,491 | -€60,486 | -56.0% |
| Operating profit (loss) | 9901 | €18,979 | -€11,225 | -€30,204 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €275,515 | €387 | -€275,128 | -99.9% |
| Recurring financial charges | 65 | €275,515 | €387 | -€275,128 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€256,536 | -€11,612 | +€244,924 | +95.5% |
| Transfer from deferred taxes | 780 | €5,170 | €5,107 | -€63 | -1.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€251,366 | -€6,505 | +€244,861 | +97.4% |
| Transfer from tax-exempt reserves | 789 | €15,510 | €15,510 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€235,856 | €9,005 | +€244,861 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.