Tacotex: 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.
Tacotex
Largest movements
- Receivables within one year +€131,242
up €131,242 (+19.7%), from €666,140 to €797,382
of which Other amounts receivable: +€120,443
- Stocks and contracts -€127,889
down €127,889 (-28.6%), from €447,327 to €319,439
- Cash -€44,160
down €44,160 (-64.7%), from €68,250 to €24,091
mainly Net result for the year (-€143,897) and Receivables within one year (-€131,242)
- Profit (loss) carried forward -€143,897
down €143,897 (-69.9%), from €205,723 to €61,826
- Trade debts +€135,342
up €135,342 (+31.9%), from €424,490 to €559,832
- Other debts +€74,075
up €74,075 (+34.5%), from €214,782 to €288,857
- Accrued charges and deferred income -€60,431
down €60,431 (-97.6%), from €61,898 to €1,467
- Short-term financial debts -€45,000
down €45,000 (-45.0%), from €100,000 to €55,000
- Financial charges +€151,357
up €151,357 (+1,104%), from €13,707 to €165,064
of which Non-recurring financial charges: +€154,086
- Staff costs -€33,713
down €33,713 (-18.6%), from €181,259 to €147,546
- Gross operating margin -€14,005
down €14,005 (-7.0%), from €200,474 to €186,468
- Other operating charges -€5,069
down €5,069 (-37.3%), from €13,578 to €8,509
- Depreciation +€2,884
up €2,884 (+45.2%), from €6,373 to €9,257
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 | €1,222,280 | €1,185,507 | -€36,774 | -3.0% |
| Fixed assets | 21/28 | €40,094 | €41,977 | +€1,883 | +4.7% |
| Tangible fixed assets | 22/27 | €39,908 | €41,791 | +€1,883 | +4.7% |
| Land and buildings | 22 | €15,428 | €14,491 | -€937 | -6.1% |
| Plant, machinery and equipment | 23 | €24,480 | €26,302 | +€1,822 | +7.4% |
| Furniture and vehicles | 24 | - | €998 | +€998 | |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €1,182,187 | €1,143,530 | -€38,657 | -3.3% |
| Stocks and contracts in progress | 3 | €447,327 | €319,439 | -€127,889 | -28.6% |
| Stocks | 30/36 | €447,327 | €319,439 | -€127,889 | -28.6% |
| Amounts receivable within one year | 40/41 | €666,140 | €797,382 | +€131,242 | +19.7% |
| Trade receivables | 40 | €610,525 | €621,324 | +€10,799 | +1.8% |
| Other amounts receivable | 41 | €55,615 | €176,058 | +€120,443 | +217% |
| Cash at bank and in hand | 54/58 | €68,250 | €24,091 | -€44,160 | -64.7% |
| Deferred charges and accrued income | 490/1 | €469 | €2,619 | +€2,150 | +459% |
| Total equity and liabilities | 10/49 | €1,222,280 | €1,185,507 | -€36,774 | -3.0% |
| Equity | 10/15 | €372,539 | €228,642 | -€143,897 | -38.6% |
| Contributions | 10/11 | €148,800 | €148,800 | = | 0.0% |
| Capital | 10 | €148,800 | €148,800 | = | 0.0% |
| Issued capital | 100 | €148,800 | €148,800 | = | 0.0% |
| Reserves | 13 | €18,016 | €18,016 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,880 | €14,880 | = | 0.0% |
| Legal reserve | 130 | €14,880 | €14,880 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,136 | €3,136 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,723 | €61,826 | -€143,897 | -69.9% |
| Amounts payable | 17/49 | €849,741 | €956,865 | +€107,123 | +12.6% |
| Amounts payable within one year | 42/48 | €787,844 | €955,398 | +€167,554 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €44,195 | €45,198 | +€1,003 | +2.3% |
| Financial debts | 43 | €100,000 | €55,000 | -€45,000 | -45.0% |
| Credit institutions | 430/8 | €100,000 | €55,000 | -€45,000 | -45.0% |
| Trade debts | 44 | €424,490 | €559,832 | +€135,342 | +31.9% |
| Suppliers | 440/4 | €424,490 | €559,832 | +€135,342 | +31.9% |
| Taxes, remuneration and social security | 45 | €4,376 | €6,511 | +€2,135 | +48.8% |
| Taxes | 450/3 | €0 | €618 | +€618 | |
| Remuneration and social security | 454/9 | €4,376 | €5,894 | +€1,518 | +34.7% |
| Other amounts payable | 47/48 | €214,782 | €288,857 | +€74,075 | +34.5% |
| Accrued charges and deferred income | 492/3 | €61,898 | €1,467 | -€60,431 | -97.6% |
| Remuneration, social security and pensions | 62 | €181,259 | €147,546 | -€33,713 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,373 | €9,257 | +€2,884 | +45.2% |
| Other operating charges | 640/8 | €13,578 | €8,509 | -€5,069 | -37.3% |
| Gross operating margin | 9900 | €200,474 | €186,468 | -€14,005 | -7.0% |
| Operating profit (loss) | 9901 | -€737 | €21,156 | +€21,893 | |
| Financial income | 75/76B | €9 | €11 | +€1 | +15.2% |
| Recurring financial income | 75 | €9 | €11 | +€1 | +15.2% |
| Financial charges | 65/66B | €13,707 | €165,064 | +€151,357 | +1,104% |
| Recurring financial charges | 65 | €13,707 | €10,978 | -€2,729 | -19.9% |
| Non-recurring financial charges | 66B | - | €154,086 | +€154,086 | |
| Profit (loss) for the period before taxes | 9903 | -€14,434 | -€143,897 | -€129,463 | -897% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +50.0% |
| Profit (loss) for the period | 9904 | -€14,435 | -€143,897 | -€129,463 | -897% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,435 | -€143,897 | -€129,463 | -897% |
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 17 October 2026 via checked.be.