TADLA: 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.
TADLA
Largest movements
- Receivables within one year +€489,900
up €489,900 (+85.6%), from €572,600 to €1.1m
of which Other amounts receivable: +€701,437
- Stocks and contracts -€276,600
down €276,600 (-12.7%), from €2.2m to €1.9m
- Receivables after one year -€170,064
down €170,064 (-48.6%), from €350,129 to €180,064
- Tangible fixed assets +€47,552
up €47,552 (+10.5%), from €452,448 to €500,001
of which Furniture and vehicles: +€59,025
- Debts after one year +€437,068
up €437,068 (+15.4%), from €2.8m to €3.3m
of which Financial debts: +€309,006
- Trade debts -€213,042
down €213,042 (-96.1%), from €221,661 to €8,618
- Profit (loss) carried forward -€138,399
down €138,399 (-2.6%), from -€5.3m to -€5.5m
- Financial charges +€140,618
up €140,618 (+1,621%), from €8,672 to €149,290
- Gross operating margin +€115,889
up €115,889, from -€2,742 to €113,147
- Depreciation +€15,509
up €15,509 (+25.8%), from €60,008 to €75,517
- Financial income -€5,756
down €5,756 (-96.5%), from €5,967 to €211
- Other operating charges +€1,561
up €1,561 (+6.2%), from €25,176 to €26,737
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.
Derived cash bridge
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 | €3,652,247 | €3,751,608 | +€99,361 | +2.7% |
| Fixed assets | 21/28 | €502,448 | €550,001 | +€47,552 | +9.5% |
| Tangible fixed assets | 22/27 | €452,448 | €500,001 | +€47,552 | +10.5% |
| Land and buildings | 22 | €329,783 | €319,656 | -€10,127 | -3.1% |
| Plant, machinery and equipment | 23 | €10,401 | €9,056 | -€1,345 | -12.9% |
| Furniture and vehicles | 24 | €112,264 | €171,289 | +€59,025 | +52.6% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €3,149,799 | €3,201,607 | +€51,808 | +1.6% |
| Amounts receivable after more than one year | 29 | €350,129 | €180,064 | -€170,064 | -48.6% |
| Trade receivables | 290 | €350,129 | €180,064 | -€170,064 | -48.6% |
| Stocks and contracts in progress | 3 | €2,170,331 | €1,893,731 | -€276,600 | -12.7% |
| Stocks | 30/36 | €2,170,331 | €1,893,731 | -€276,600 | -12.7% |
| Amounts receivable within one year | 40/41 | €572,600 | €1,062,500 | +€489,900 | +85.6% |
| Trade receivables | 40 | €292,503 | €80,966 | -€211,538 | -72.3% |
| Other amounts receivable | 41 | €280,097 | €981,534 | +€701,437 | +250% |
| Cash at bank and in hand | 54/58 | €53,230 | €55,989 | +€2,759 | +5.2% |
| Deferred charges and accrued income | 490/1 | €3,509 | €9,323 | +€5,814 | +166% |
| Total equity and liabilities | 10/49 | €3,652,247 | €3,751,608 | +€99,361 | +2.7% |
| Equity | 10/15 | €538,149 | €399,750 | -€138,399 | -25.7% |
| Contributions | 10/11 | €5,845,182 | €5,845,182 | = | 0.0% |
| Reserves | 13 | €26,915 | €26,915 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €26,915 | +€26,915 | |
| Reserves not available under the articles | 1311 | - | €26,915 | +€26,915 | |
| Distributable reserves | 133 | €26,915 | - | -€26,915 | |
| Profit (loss) carried forward | 14 | -€5,333,948 | -€5,472,347 | -€138,399 | -2.6% |
| Amounts payable | 17/49 | €3,114,098 | €3,351,857 | +€237,759 | +7.6% |
| Amounts payable after more than one year | 17 | €2,847,013 | €3,284,081 | +€437,068 | +15.4% |
| Financial debts | 170/4 | €1,756,028 | €2,065,034 | +€309,006 | +17.6% |
| Other amounts payable | 178/9 | €1,090,985 | €1,219,047 | +€128,062 | +11.7% |
| Amounts payable within one year | 42/48 | €267,044 | €67,776 | -€199,268 | -74.6% |
| Current portion of amounts payable after more than one year | 42 | €25,862 | €35,776 | +€9,913 | +38.3% |
| Trade debts | 44 | €221,661 | €8,618 | -€213,042 | -96.1% |
| Suppliers | 440/4 | €221,661 | €8,618 | -€213,042 | -96.1% |
| Taxes, remuneration and social security | 45 | €19,521 | €23,382 | +€3,861 | +19.8% |
| Taxes | 450/3 | €19,521 | €23,382 | +€3,861 | +19.8% |
| Accrued charges and deferred income | 492/3 | €41 | - | -€41 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,008 | €75,517 | +€15,509 | +25.8% |
| Other operating charges | 640/8 | €25,176 | €26,737 | +€1,561 | +6.2% |
| Gross operating margin | 9900 | -€2,742 | €113,147 | +€115,889 | |
| Operating profit (loss) | 9901 | -€87,926 | €10,893 | +€98,819 | |
| Financial income | 75/76B | €5,967 | €211 | -€5,756 | -96.5% |
| Recurring financial income | 75 | €5,967 | €211 | -€5,756 | -96.5% |
| Financial charges | 65/66B | €8,672 | €149,290 | +€140,618 | +1,621% |
| Recurring financial charges | 65 | €8,672 | €149,290 | +€140,618 | +1,621% |
| Profit (loss) for the period before taxes | 9903 | -€90,632 | -€138,186 | -€47,555 | -52.5% |
| Income taxes | 67/77 | €338 | €253 | -€85 | -25.1% |
| Profit (loss) for the period | 9904 | -€90,970 | -€138,440 | -€47,470 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,970 | -€138,440 | -€47,470 | -52.2% |
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 19 October 2026 via checked.be.