TACT: 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.
TACT
Largest movements
- Stocks and contracts -€4,268
down €4,268 (-4.9%), from €87,286 to €83,018
- Tangible fixed assets +€3,980
up €3,980 (+461.6%), from €862 to €4,842
of which Furniture and vehicles: +€4,721
- Receivables within one year -€1,769
down €1,769 (-6.9%), from €25,815 to €24,045
of which Trade receivables: -€1,769
- Other debts -€34,033
down €34,033 (-25.9%), from €131,287 to €97,254
- Profit (loss) carried forward +€30,578
up €30,578 (+22.9%), from -€133,398 to -€102,820
- Tax, wage and social debts +€4,124
up €4,124 (+45.9%), from €8,979 to €13,103
- Trade debts -€3,804
down €3,804 (-7.3%), from €52,344 to €48,540
- Turnover -€184,283
no longer reported in 2025 (was €184,283)
- Purchases and services -€173,720
no longer reported in 2025 (was €173,720)
- Gross operating margin -€16,955
down €16,955 (-28.2%), from €60,218 to €43,263
- Taxes +€4,251
new in 2025: €4,251
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 | €121,212 | €118,633 | -€2,579 | -2.1% |
| Fixed assets | 21/28 | €1,530 | €5,510 | +€3,980 | +260.1% |
| Tangible fixed assets | 22/27 | €862 | €4,842 | +€3,980 | +461.6% |
| Plant, machinery and equipment | 23 | €862 | €121 | -€741 | -85.9% |
| Furniture and vehicles | 24 | - | €4,721 | +€4,721 | |
| Financial fixed assets | 28 | €668 | €668 | = | 0.0% |
| Current assets | 29/58 | €119,682 | €113,124 | -€6,558 | -5.5% |
| Stocks and contracts in progress | 3 | €87,286 | €83,018 | -€4,268 | -4.9% |
| Stocks | 30/36 | €87,286 | €83,018 | -€4,268 | -4.9% |
| Amounts receivable within one year | 40/41 | €25,815 | €24,045 | -€1,769 | -6.9% |
| Trade receivables | 40 | €25,815 | €24,045 | -€1,769 | -6.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,582 | €6,061 | -€521 | -7.9% |
| Total equity and liabilities | 10/49 | €121,212 | €118,633 | -€2,579 | -2.1% |
| Equity | 10/15 | -€71,398 | -€40,820 | +€30,578 | +42.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,398 | -€102,820 | +€30,578 | +22.9% |
| Amounts payable | 17/49 | €192,610 | €159,453 | -€33,156 | -17.2% |
| Amounts payable within one year | 42/48 | €192,610 | €158,897 | -€33,713 | -17.5% |
| Trade debts | 44 | €52,344 | €48,540 | -€3,804 | -7.3% |
| Suppliers | 440/4 | €52,344 | €48,540 | -€3,804 | -7.3% |
| Taxes, remuneration and social security | 45 | €8,979 | €13,103 | +€4,124 | +45.9% |
| Taxes | 450/3 | €8,979 | €13,103 | +€4,124 | +45.9% |
| Other amounts payable | 47/48 | €131,287 | €97,254 | -€34,033 | -25.9% |
| Accrued charges and deferred income | 492/3 | - | €557 | +€557 | |
| Turnover | 70 | €184,283 | - | -€184,283 | |
| Non-recurring operating income | 76A | €36,900 | - | -€36,900 | |
| Goods, raw materials, services and sundry goods | 60/61 | €173,720 | - | -€173,720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €785 | €1,853 | +€1,068 | +136.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€620 | - | +€620 | |
| Other operating charges | 640/8 | €7,133 | €5,965 | -€1,168 | -16.4% |
| Non-recurring operating charges | 66A | - | €382 | +€382 | |
| Gross operating margin | 9900 | €60,218 | €43,263 | -€16,955 | -28.2% |
| Operating profit (loss) | 9901 | €52,920 | €35,063 | -€17,857 | -33.7% |
| Financial income | 75/76B | €36 | €14 | -€21 | -59.7% |
| Recurring financial income | 75 | €36 | €14 | -€21 | -59.7% |
| Financial charges | 65/66B | €201 | €248 | +€47 | +23.6% |
| Recurring financial charges | 65 | €201 | €248 | +€47 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €52,755 | €34,829 | -€17,926 | -34.0% |
| Income taxes | 67/77 | - | €4,251 | +€4,251 | |
| Profit (loss) for the period | 9904 | €52,755 | €30,578 | -€22,178 | -42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,755 | €30,578 | -€22,178 | -42.0% |
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 11 October 2026 via checked.be.