TADIM: 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.
TADIM
Largest movements
- Receivables within one year -€74,150
down €74,150 (-98.0%), from €75,678 to €1,529
of which Other amounts receivable: -€49,325
- Receivables after one year +€66,022
new in 2025: €66,022
- Cash -€18,503
down €18,503 (-92.6%), from €19,977 to €1,474
mainly Receivables after one year (-€66,022) and Advances received (-€26,315)
- Intangible fixed assets -€2,000
down €2,000 (-18.1%), from €11,068 to €9,068
- Advances received -€26,315
no longer reported in 2025 (was €26,315)
- Profit (loss) carried forward -€8,224
down €8,224 (-13.2%), from €62,481 to €54,256
- Trade debts +€4,819
up €4,819 (+398.3%), from €1,210 to €6,029
- Gross operating margin -€14,088
down €14,088, from €12,409 to -€1,680
- Financial income -€2,532
down €2,532 (-76.1%), from €3,326 to €795
- Depreciation -€918
down €918 (-26.4%), from €3,482 to €2,564
- Financial charges +€486
up €486 (+21.0%), from €2,310 to €2,796
- Other operating charges -€366
down €366 (-15.6%), from €2,345 to €1,979
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 | €130,420 | €101,674 | -€28,747 | -22.0% |
| Fixed assets | 21/28 | €33,905 | €31,340 | -€2,564 | -7.6% |
| Intangible fixed assets | 21 | €11,068 | €9,068 | -€2,000 | -18.1% |
| Tangible fixed assets | 22/27 | €805 | €241 | -€564 | -70.1% |
| Plant, machinery and equipment | 23 | €755 | €241 | -€514 | -68.1% |
| Furniture and vehicles | 24 | €50 | - | -€50 | |
| Financial fixed assets | 28 | €22,031 | €22,031 | = | 0.0% |
| Current assets | 29/58 | €96,516 | €70,333 | -€26,183 | -27.1% |
| Amounts receivable after more than one year | 29 | - | €66,022 | +€66,022 | |
| Other amounts receivable | 291 | - | €66,022 | +€66,022 | |
| Stocks and contracts in progress | 3 | €743 | €856 | +€114 | +15.3% |
| Stocks | 30/36 | €743 | €856 | +€114 | +15.3% |
| Amounts receivable within one year | 40/41 | €75,678 | €1,529 | -€74,150 | -98.0% |
| Trade receivables | 40 | €24,825 | - | -€24,825 | |
| Other amounts receivable | 41 | €50,853 | €1,529 | -€49,325 | -97.0% |
| Cash at bank and in hand | 54/58 | €19,977 | €1,474 | -€18,503 | -92.6% |
| Deferred charges and accrued income | 490/1 | €118 | €452 | +€334 | +282.5% |
| Total equity and liabilities | 10/49 | €130,420 | €101,674 | -€28,747 | -22.0% |
| Equity | 10/15 | €82,933 | €74,708 | -€8,224 | -9.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 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 | €62,481 | €54,256 | -€8,224 | -13.2% |
| Amounts payable | 17/49 | €47,488 | €26,965 | -€20,522 | -43.2% |
| Amounts payable after more than one year | 17 | €19,963 | €19,963 | = | 0.0% |
| Financial debts | 170/4 | €19,963 | €19,963 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,524 | €7,002 | -€20,522 | -74.6% |
| Current portion of amounts payable after more than one year | 42 | - | €973 | +€973 | |
| Trade debts | 44 | €1,210 | €6,029 | +€4,819 | +398.3% |
| Suppliers | 440/4 | €1,210 | €6,029 | +€4,819 | +398.3% |
| Advances received on contracts in progress | 46 | €26,315 | - | -€26,315 | |
| Remuneration, social security and pensions | 62 | €32 | - | -€32 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,482 | €2,564 | -€918 | -26.4% |
| Other operating charges | 640/8 | €2,345 | €1,979 | -€366 | -15.6% |
| Gross operating margin | 9900 | €12,409 | -€1,680 | -€14,088 | |
| Operating profit (loss) | 9901 | €6,550 | -€6,223 | -€12,773 | |
| Financial income | 75/76B | €3,326 | €795 | -€2,532 | -76.1% |
| Recurring financial income | 75 | €3,326 | €795 | -€2,532 | -76.1% |
| Financial charges | 65/66B | €2,310 | €2,796 | +€486 | +21.0% |
| Recurring financial charges | 65 | €2,310 | €2,796 | +€486 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €7,566 | -€8,224 | -€15,791 | |
| Profit (loss) for the period | 9904 | €7,566 | -€8,224 | -€15,791 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,566 | -€8,224 | -€15,791 |
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.