TACTIM: 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.
TACTIM
Largest movements
- Cash +€54,820
up €54,820 (+54.0%), from €101,601 to €156,421
mainly Net result for the year (+€88,420) and Depreciation (+€20,801)
- Tangible fixed assets -€18,602
down €18,602 (-27.5%), from €67,583 to €48,981
- Receivables within one year -€5,300
down €5,300 (-20.2%), from €26,262 to €20,962
- Profit (loss) carried forward +€18,420
up €18,420 (+16.6%), from €110,860 to €129,280
- Other debts +€13,472
up €13,472 (+128.1%), from €10,518 to €23,991
- Tax, wage and social debts +€12,331
up €12,331 (+55.9%), from €22,069 to €34,400
of which Taxes: +€8,948
- Debts after one year -€9,331
down €9,331 (-56.5%), from €16,512 to €7,181
- Trade debts -€4,247
down €4,247 (-70.7%), from €6,010 to €1,763
- Staff costs +€41,004
up €41,004 (+547.6%), from €7,488 to €48,492
- Gross operating margin +€39,275
up €39,275 (+27.2%), from €144,481 to €183,755
- Taxes +€5,159
up €5,159 (+28.2%), from €18,311 to €23,471
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 | €195,487 | €226,406 | +€30,918 | +15.8% |
| Fixed assets | 21/28 | €67,625 | €49,022 | -€18,602 | -27.5% |
| Tangible fixed assets | 22/27 | €67,583 | €48,981 | -€18,602 | -27.5% |
| Furniture and vehicles | 24 | €67,583 | €48,981 | -€18,602 | -27.5% |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €127,863 | €177,383 | +€49,521 | +38.7% |
| Amounts receivable within one year | 40/41 | €26,262 | €20,962 | -€5,300 | -20.2% |
| Trade receivables | 40 | €26,262 | €20,962 | -€5,300 | -20.2% |
| Cash at bank and in hand | 54/58 | €101,601 | €156,421 | +€54,820 | +54.0% |
| Total equity and liabilities | 10/49 | €195,487 | €226,406 | +€30,918 | +15.8% |
| Equity | 10/15 | €131,320 | €149,740 | +€18,420 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,860 | €129,280 | +€18,420 | +16.6% |
| Amounts payable | 17/49 | €64,168 | €76,666 | +€12,498 | +19.5% |
| Amounts payable after more than one year | 17 | €16,512 | €7,181 | -€9,331 | -56.5% |
| Financial debts | 170/4 | €16,512 | €7,181 | -€9,331 | -56.5% |
| Amounts payable within one year | 42/48 | €47,656 | €69,485 | +€21,829 | +45.8% |
| Current portion of amounts payable after more than one year | 42 | €9,059 | €9,331 | +€272 | +3.0% |
| Trade debts | 44 | €6,010 | €1,763 | -€4,247 | -70.7% |
| Suppliers | 440/4 | €6,010 | €1,763 | -€4,247 | -70.7% |
| Taxes, remuneration and social security | 45 | €22,069 | €34,400 | +€12,331 | +55.9% |
| Taxes | 450/3 | €18,806 | €27,754 | +€8,948 | +47.6% |
| Remuneration and social security | 454/9 | €3,262 | €6,646 | +€3,383 | +103.7% |
| Other amounts payable | 47/48 | €10,518 | €23,991 | +€13,472 | +128.1% |
| Remuneration, social security and pensions | 62 | €7,488 | €48,492 | +€41,004 | +547.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,044 | €20,801 | +€1,757 | +9.2% |
| Other operating charges | 640/8 | €3,578 | €1,742 | -€1,836 | -51.3% |
| Gross operating margin | 9900 | €144,481 | €183,755 | +€39,275 | +27.2% |
| Operating profit (loss) | 9901 | €114,370 | €112,720 | -€1,650 | -1.4% |
| Financial income | 75/76B | €94 | €10 | -€84 | -89.1% |
| Recurring financial income | 75 | €94 | €10 | -€84 | -89.1% |
| Financial charges | 65/66B | €1,613 | €840 | -€773 | -47.9% |
| Recurring financial charges | 65 | €1,613 | €840 | -€773 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | €112,851 | €111,891 | -€961 | -0.9% |
| Income taxes | 67/77 | €18,311 | €23,471 | +€5,159 | +28.2% |
| Profit (loss) for the period | 9904 | €94,540 | €88,420 | -€6,120 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €94,540 | €88,420 | -€6,120 | -6.5% |
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 10 October 2026 via checked.be.