TADOM: 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.
TADOM
Largest movements
- Receivables within one year -€11,817
down €11,817 (-27.7%), from €42,632 to €30,816
of which Trade receivables: -€16,694
- Tangible fixed assets -€9,985
down €9,985 (-24.3%), from €41,017 to €31,032
of which Furniture and vehicles: -€9,476
- Cash +€7,730
up €7,730 (+13.9%), from €55,691 to €63,421
mainly Net result for the year (+€66,685) and Other debts (+€18,823)
- Deferred charges and accrued income +€4,873
up €4,873 (+1960.8%), from €249 to €5,121
- Other debts +€18,823
up €18,823 (+33.4%), from €56,351 to €75,174
- Profit (loss) carried forward -€18,315
down €18,315 (-44.3%), from €41,370 to €23,055
- Debts after one year -€8,509
down €8,509 (-70.1%), from €12,146 to €3,638
- Trade debts -€1,789
down €1,789 (-90.7%), from €1,974 to €184
- Gross operating margin -€5,475
down €5,475 (-5.0%), from €109,331 to €103,856
- Other operating charges -€3,503
down €3,503 (-75.1%), from €4,665 to €1,162
- Depreciation +€2,536
up €2,536 (+29.3%), from €8,655 to €11,191
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 | €140,472 | €131,273 | -€9,199 | -6.5% |
| Fixed assets | 21/28 | €41,900 | €31,915 | -€9,985 | -23.8% |
| Tangible fixed assets | 22/27 | €41,017 | €31,032 | -€9,985 | -24.3% |
| Furniture and vehicles | 24 | €39,973 | €30,497 | -€9,476 | -23.7% |
| Other tangible fixed assets | 26 | €1,044 | €535 | -€509 | -48.8% |
| Financial fixed assets | 28 | €883 | €883 | = | 0.0% |
| Current assets | 29/58 | €98,571 | €99,358 | +€786 | +0.8% |
| Amounts receivable within one year | 40/41 | €42,632 | €30,816 | -€11,817 | -27.7% |
| Trade receivables | 40 | €42,136 | €25,442 | -€16,694 | -39.6% |
| Other amounts receivable | 41 | €496 | €5,373 | +€4,877 | +983.5% |
| Cash at bank and in hand | 54/58 | €55,691 | €63,421 | +€7,730 | +13.9% |
| Deferred charges and accrued income | 490/1 | €249 | €5,121 | +€4,873 | +1960.8% |
| Total equity and liabilities | 10/49 | €140,472 | €131,273 | -€9,199 | -6.5% |
| Equity | 10/15 | €59,925 | €41,610 | -€18,315 | -30.6% |
| Contributions | 10/11 | €18,555 | €18,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,370 | €23,055 | -€18,315 | -44.3% |
| Amounts payable | 17/49 | €80,547 | €89,663 | +€9,116 | +11.3% |
| Amounts payable after more than one year | 17 | €12,146 | €3,638 | -€8,509 | -70.1% |
| Financial debts | 170/4 | €12,146 | €3,638 | -€8,509 | -70.1% |
| Amounts payable within one year | 42/48 | €68,400 | €86,025 | +€17,625 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €8,204 | €8,509 | +€304 | +3.7% |
| Financial debts | 43 | €10 | - | -€10 | |
| Credit institutions | 430/8 | €10 | - | -€10 | |
| Trade debts | 44 | €1,974 | €184 | -€1,789 | -90.7% |
| Suppliers | 440/4 | €1,974 | €184 | -€1,789 | -90.7% |
| Taxes, remuneration and social security | 45 | €1,862 | €2,158 | +€297 | +15.9% |
| Taxes | 450/3 | €1,862 | €958 | -€903 | -48.5% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €56,351 | €75,174 | +€18,823 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,655 | €11,191 | +€2,536 | +29.3% |
| Other operating charges | 640/8 | €4,665 | €1,162 | -€3,503 | -75.1% |
| Gross operating margin | 9900 | €109,331 | €103,856 | -€5,475 | -5.0% |
| Operating profit (loss) | 9901 | €96,012 | €91,503 | -€4,508 | -4.7% |
| Financial income | 75/76B | €38 | - | -€38 | |
| Recurring financial income | 75 | €38 | - | -€38 | |
| Financial charges | 65/66B | €549 | €695 | +€146 | +26.7% |
| Recurring financial charges | 65 | €549 | €695 | +€146 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €95,501 | €90,808 | -€4,693 | -4.9% |
| Income taxes | 67/77 | €25,186 | €24,123 | -€1,063 | -4.2% |
| Profit (loss) for the period | 9904 | €70,315 | €66,685 | -€3,630 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,315 | €66,685 | -€3,630 | -5.2% |
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 2 October 2026 via checked.be.