TADA: 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
TADA
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€460,237
2024 · €511,579-€51,342
Equity
€808,397
2024 · €760,388+€48,009
Cash
€171,009
2024 · €160,575+€10,434
Balance sheet total
€1.4m
2024 · €1.3m+€91,569
Largest movements
Assets
- Deferred charges and accrued income +€29,837
new in 2025: €29,837
- Current investments +€21,644
up €21,644 (+12.7%), from €170,386 to €192,030
- Tangible fixed assets +€18,252
up €18,252 (+11.2%), from €162,940 to €181,192
of which Furniture and vehicles: +€9,775
Equity and liabilities
- Profit (loss) carried forward +€460,237
up €460,237 (+22800.9%), from €2,019 to €462,255
- Reserves -€405,000
down €405,000 (-68.6%), from €590,000 to €185,000
of which Distributable reserves: -€405,000
- Trade debts +€57,985
up €57,985 (+16.8%), from €344,319 to €402,304
Income statement
- Gross operating margin -€82,925
down €82,925 (-5.4%), from €1.5m to €1.4m
- Taxes -€33,454
down €33,454 (-17.4%), from €192,311 to €158,857
- Financial charges +€17,599
up €17,599 (+27.6%), from €63,693 to €81,292
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.
Result 2024
€511,579
Gross operating margin
-€82,925
Staff costs
+€13,937
Depreciation
-€9,811
Other operating charges
+€248
Other operating items
-€190
Financial income
+€11,545
Financial charges
-€17,599
Taxes
+€33,454
Result 2025
€460,237
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.
From operations
+€539,844
Investment
-€107,859
Financing
-€421,551
Cash 2024
€160,575
From operations (derived)
+€539,844
Net result for the year
+€460,237
Depreciation
+€64,376
Stocks and contracts
+€2,244
Receivables within one year
-€10,059
Deferred charges and accrued income
-€29,837
Provisions
-€2,138
Trade debts
+€57,985
Smaller working-capital items
-€1,164
Accrued charges and deferred income
-€1,800
Investment (derived)
-€107,859
Investment in fixed assets (net)
-€86,214
Current investments
-€21,644
Financing
-€421,551
Debts after one year
-€10,327
Short-term financial debts
+€1,003
Contributions, distributions and other
-€412,228
Cash 2025
€171,009
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,293,234 | €1,384,803 | +€91,569 | +7.1% |
| Fixed assets | 21/28 | €318,715 | €340,553 | +€21,838 | +6.9% |
| Tangible fixed assets | 22/27 | €162,940 | €181,192 | +€18,252 | +11.2% |
| Furniture and vehicles | 24 | €77,044 | €86,819 | +€9,775 | +12.7% |
| Other tangible fixed assets | 26 | €85,896 | €94,373 | +€8,476 | +9.9% |
| Financial fixed assets | 28 | €155,774 | €159,361 | +€3,587 | +2.3% |
| Current assets | 29/58 | €974,520 | €1,044,250 | +€69,731 | +7.2% |
| Stocks and contracts in progress | 3 | €163,940 | €161,697 | -€2,244 | -1.4% |
| Stocks | 30/36 | €163,940 | €161,697 | -€2,244 | -1.4% |
| Amounts receivable within one year | 40/41 | €479,618 | €489,677 | +€10,059 | +2.1% |
| Trade receivables | 40 | €183,028 | €178,429 | -€4,600 | -2.5% |
| Other amounts receivable | 41 | €296,590 | €311,249 | +€14,659 | +4.9% |
| Current investments | 50/53 | €170,386 | €192,030 | +€21,644 | +12.7% |
| Cash at bank and in hand | 54/58 | €160,575 | €171,009 | +€10,434 | +6.5% |
| Deferred charges and accrued income | 490/1 | - | €29,837 | +€29,837 | |
| Total equity and liabilities | 10/49 | €1,293,234 | €1,384,803 | +€91,569 | +7.1% |
| Equity | 10/15 | €760,388 | €808,397 | +€48,009 | +6.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Outside capital | 11 | €150,000 | €150,000 | = | 0.0% |
| Other | 1109/19 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €590,000 | €185,000 | -€405,000 | -68.6% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €575,000 | €170,000 | -€405,000 | -70.4% |
| Profit (loss) carried forward | 14 | €2,019 | €462,255 | +€460,237 | +22800.9% |
| Investment grants | 15 | €18,370 | €11,142 | -€7,228 | -39.3% |
| Provisions and deferred taxes | 16 | €5,434 | €3,296 | -€2,138 | -39.3% |
| Deferred taxes | 168 | €5,434 | €3,296 | -€2,138 | -39.3% |
| Amounts payable | 17/49 | €527,413 | €573,111 | +€45,698 | +8.7% |
| Amounts payable after more than one year | 17 | €10,327 | - | -€10,327 | |
| Financial debts | 170/4 | €10,327 | - | -€10,327 | |
| Amounts payable within one year | 42/48 | €495,586 | €553,411 | +€57,825 | +11.7% |
| Financial debts | 43 | €63,286 | €64,290 | +€1,003 | +1.6% |
| Credit institutions | 430/8 | €63,286 | €64,290 | +€1,003 | +1.6% |
| Trade debts | 44 | €344,319 | €402,304 | +€57,985 | +16.8% |
| Suppliers | 440/4 | €344,319 | €402,304 | +€57,985 | +16.8% |
| Taxes, remuneration and social security | 45 | €87,963 | €86,817 | -€1,146 | -1.3% |
| Taxes | 450/3 | €1,675 | - | -€1,675 | |
| Remuneration and social security | 454/9 | €86,288 | €86,817 | +€529 | +0.6% |
| Other amounts payable | 47/48 | €18 | - | -€18 | |
| Accrued charges and deferred income | 492/3 | €21,500 | €19,700 | -€1,800 | -8.4% |
| Remuneration, social security and pensions | 62 | €745,589 | €731,652 | -€13,937 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,565 | €64,376 | +€9,811 | +18.0% |
| Other operating charges | 640/8 | €8,006 | €7,759 | -€248 | -3.1% |
| Non-recurring operating charges | 66A | €329 | €520 | +€190 | +57.8% |
| Gross operating margin | 9900 | €1,529,934 | €1,447,008 | -€82,925 | -5.4% |
| Operating profit (loss) | 9901 | €721,444 | €642,702 | -€78,742 | -10.9% |
| Financial income | 75/76B | €44,002 | €55,546 | +€11,545 | +26.2% |
| Recurring financial income | 75 | €44,002 | €55,546 | +€11,545 | +26.2% |
| Financial charges | 65/66B | €63,693 | €81,292 | +€17,599 | +27.6% |
| Recurring financial charges | 65 | €63,693 | €81,292 | +€17,599 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €701,752 | €616,956 | -€84,796 | -12.1% |
| Transfer from deferred taxes | 780 | €2,138 | €2,138 | = | 0.0% |
| Income taxes | 67/77 | €192,311 | €158,857 | -€33,454 | -17.4% |
| Profit (loss) for the period | 9904 | €511,579 | €460,237 | -€51,342 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €511,579 | €460,237 | -€51,342 | -10.0% |
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 5 October 2026 via checked.be.