Skip to content

TACTIX: what changed

Two fiscal 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.

What changed

TACTIX

BE 0677.527.083
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,394
2024 · -€45,507+€42,113
Equity
-€189,775
2024 · -€186,381-€3,394
Cash
€5,149
2024 · €4,293+€856
Balance sheet total
€596,393
2024 · €625,537-€29,144

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€30,000

    down €30,000 (-4.8%), from €621,244 to €591,244

Equity and liabilities
  • Debts after one year -€26,408

    down €26,408 (-10.1%), from €260,705 to €234,298

Income statement
  • Gross operating margin +€40,607

    up €40,607, from -€6,926 to €33,681

  • Other operating charges -€845

    down €845 (-92.8%), from €911 to €66

  • Financial charges -€661

    down €661 (-8.6%), from €7,671 to €7,010

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€45,507
Gross operating margin +€40,607
Other operating charges +€845
Financial charges +€661
Result 2025 -€3,394

Cash bridge derived

cash 2024 to 2025

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.

From operations +€26,606
Investment €0
Financing -€25,750
Cash 2024 €4,293
Net result for the year -€3,394
Depreciation +€30,000
Debts after one year -€26,408
Current portion of long-term debt +€658
Cash 2025 €5,149
Every line side by side 29 lines
Line Code 2024 2025 Change %
Total assets 20/58 €625,537 €596,393 -€29,144 -4.7%
Fixed assets 21/28 €621,244 €591,244 -€30,000 -4.8%
Tangible fixed assets 22/27 €621,244 €591,244 -€30,000 -4.8%
Land and buildings 22 €621,244 €591,244 -€30,000 -4.8%
Current assets 29/58 €4,293 €5,149 +€856 +19.9%
Amounts receivable within one year 40/41 €0 - =
Other amounts receivable 41 €0 - =
Cash at bank and in hand 54/58 €4,293 €5,149 +€856 +19.9%
Total equity and liabilities 10/49 €625,537 €596,393 -€29,144 -4.7%
Equity 10/15 -€186,381 -€189,775 -€3,394 -1.8%
Contributions 10/11 €100,000 €100,000 = 0.0%
Profit (loss) carried forward 14 -€286,381 -€289,775 -€3,394 -1.2%
Amounts payable 17/49 €811,918 €786,168 -€25,750 -3.2%
Amounts payable after more than one year 17 €260,705 €234,298 -€26,408 -10.1%
Financial debts 170/4 €260,705 €234,298 -€26,408 -10.1%
Amounts payable within one year 42/48 €551,213 €551,870 +€658 +0.1%
Current portion of amounts payable after more than one year 42 €25,750 €26,408 +€658 +2.6%
Trade debts 44 €0 €0 =
Suppliers 440/4 €0 €0 =
Other amounts payable 47/48 €525,463 €525,463 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €30,000 €30,000 = 0.0%
Other operating charges 640/8 €911 €66 -€845 -92.8%
Gross operating margin 9900 -€6,926 €33,681 +€40,607
Operating profit (loss) 9901 -€37,837 €3,616 +€41,452
Financial charges 65/66B €7,671 €7,010 -€661 -8.6%
Recurring financial charges 65 €7,671 €7,010 -€661 -8.6%
Profit (loss) for the period before taxes 9903 -€45,507 -€3,394 +€42,113 +92.5%
Profit (loss) for the period 9904 -€45,507 -€3,394 +€42,113 +92.5%
Profit (loss) for the period to be appropriated 9905 -€45,507 -€3,394 +€42,113 +92.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.