TADIN: 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.
TADIN
Largest movements
- Tangible fixed assets +€185,938
new in 2025: €185,938
- Receivables within one year +€47,214
up €47,214 (+26.8%), from €176,137 to €223,351
of which Trade receivables: +€49,414
- Deferred charges and accrued income +€9,681
new in 2025: €9,681
- Cash +€4,515
up €4,515 (+130.4%), from €3,462 to €7,978
mainly Debts after one year (+€131,892) and Current portion of long-term debt (+€32,232)
- Debts after one year +€131,892
new in 2025: €131,892
- Current portion of long-term debt +€32,232
new in 2025: €32,232
- Trade debts +€32,024
up €32,024 (+96.0%), from €33,354 to €65,378
- Tax, wage and social debts +€31,317
up €31,317 (+88.2%), from €35,487 to €66,804
of which Taxes: +€17,206
- Profit (loss) carried forward +€19,884
up €19,884 (+24.4%), from €81,357 to €101,241
- Staff costs +€32,150
new in 2025: €32,150
- Gross operating margin +€15,119
up €15,119 (+18.4%), from €82,328 to €97,447
- Depreciation +€12,091
new in 2025: €12,091
- Other operating charges +€11,075
up €11,075 (+739.3%), from €1,498 to €12,573
- Taxes -€6,368
down €6,368 (-29.6%), from €21,488 to €15,121
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 | €193,457 | €440,806 | +€247,349 | +127.9% |
| Fixed assets | 21/28 | €2,500 | €188,438 | +€185,938 | +7437.5% |
| Tangible fixed assets | 22/27 | - | €185,938 | +€185,938 | |
| Furniture and vehicles | 24 | - | €185,938 | +€185,938 | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €190,957 | €252,368 | +€61,411 | +32.2% |
| Stocks and contracts in progress | 3 | €11,358 | €11,358 | = | 0.0% |
| Stocks | 30/36 | €11,358 | €11,358 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €176,137 | €223,351 | +€47,214 | +26.8% |
| Trade receivables | 40 | €173,938 | €223,351 | +€49,414 | +28.4% |
| Other amounts receivable | 41 | €2,199 | - | -€2,199 | |
| Cash at bank and in hand | 54/58 | €3,462 | €7,978 | +€4,515 | +130.4% |
| Deferred charges and accrued income | 490/1 | - | €9,681 | +€9,681 | |
| Total equity and liabilities | 10/49 | €193,457 | €440,806 | +€247,349 | +127.9% |
| Equity | 10/15 | €102,205 | €122,089 | +€19,884 | +19.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,248 | €2,248 | = | 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% |
| Distributable reserves | 133 | €388 | €388 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,357 | €101,241 | +€19,884 | +24.4% |
| Amounts payable | 17/49 | €91,252 | €318,717 | +€227,465 | +249.3% |
| Amounts payable after more than one year | 17 | - | €131,892 | +€131,892 | |
| Financial debts | 170/4 | - | €131,892 | +€131,892 | |
| Amounts payable within one year | 42/48 | €91,252 | €186,825 | +€95,573 | +104.7% |
| Current portion of amounts payable after more than one year | 42 | - | €32,232 | +€32,232 | |
| Trade debts | 44 | €33,354 | €65,378 | +€32,024 | +96.0% |
| Suppliers | 440/4 | €33,354 | €65,378 | +€32,024 | +96.0% |
| Taxes, remuneration and social security | 45 | €35,487 | €66,804 | +€31,317 | +88.2% |
| Taxes | 450/3 | €35,487 | €52,692 | +€17,206 | +48.5% |
| Remuneration and social security | 454/9 | - | €14,111 | +€14,111 | |
| Other amounts payable | 47/48 | €22,412 | €22,412 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €32,150 | +€32,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €12,091 | +€12,091 | |
| Other operating charges | 640/8 | €1,498 | €12,573 | +€11,075 | +739.3% |
| Gross operating margin | 9900 | €82,328 | €97,447 | +€15,119 | +18.4% |
| Operating profit (loss) | 9901 | €80,830 | €40,633 | -€40,197 | -49.7% |
| Financial income | 75/76B | - | €1,228 | +€1,228 | |
| Recurring financial income | 75 | - | €1,228 | +€1,228 | |
| Financial charges | 65/66B | €3,029 | €6,857 | +€3,828 | +126.4% |
| Recurring financial charges | 65 | €3,029 | €6,857 | +€3,828 | +126.4% |
| Profit (loss) for the period before taxes | 9903 | €77,801 | €35,004 | -€42,797 | -55.0% |
| Income taxes | 67/77 | €21,488 | €15,121 | -€6,368 | -29.6% |
| Profit (loss) for the period | 9904 | €56,313 | €19,884 | -€36,429 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €56,313 | €19,884 | -€36,429 | -64.7% |
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.