TAFCO: 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
TAFCO
NACE 81.220, Other building cleaning and industrial cleaning
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€131,596
2024 · €209,906-€78,310
Equity
€4.0m
2024 · €3.9m+€106,596
Cash
€476,335
2024 · €286,435+€189,900
Balance sheet total
€5.0m
2024 · €5.0m+€66,353
Largest movements
Assets
- Cash +€189,900
up €189,900 (+66.3%), from €286,435 to €476,335
mainly Depreciation (+€176,086) and Net result for the year (+€131,596)
- Receivables within one year -€98,784
down €98,784 (-22.3%), from €442,441 to €343,656
of which Other amounts receivable: -€60,672
Equity and liabilities
- Profit (loss) carried forward +€117,612
up €117,612 (+3.2%), from €3.7m to €3.8m
Income statement
- Financial income -€187,741
down €187,741 (-78.4%), from €239,401 to €51,659
of which Financial income: -€184,720
- Gross operating margin +€87,718
up €87,718 (+12.4%), from €709,709 to €797,427
- Depreciation -€30,344
down €30,344 (-14.7%), from €206,429 to €176,086
- Staff costs +€18,188
up €18,188 (+6.3%), from €290,525 to €308,713
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
€209,906
Gross operating margin
+€87,718
Staff costs
-€18,188
Depreciation
+€30,344
Other operating charges
+€2,874
Financial income
-€187,741
Financial charges
+€2,003
Taxes
+€4,681
Result 2025
€131,596
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
+€452,005
Investment
-€187,894
Financing
-€74,211
Cash 2024
€286,435
From operations (derived)
+€452,005
Net result for the year
+€131,596
Depreciation
+€176,086
Receivables after one year
+€35,688
Receivables within one year
+€98,784
Deferred charges and accrued income
+€883
Provisions
-€5,672
Trade debts
+€42,219
Tax, wage and social debts
-€27,579
Investment (derived)
-€187,894
Investment in fixed assets (net)
-€187,894
Financing
-€74,211
Debts after one year
-€48,001
Current portion of long-term debt
-€1,209
Contributions, distributions and other
-€25,000
Cash 2025
€476,335
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,956,106 | €5,022,459 | +€66,353 | +1.3% |
| Fixed assets | 21/28 | €3,789,289 | €3,801,098 | +€11,809 | +0.3% |
| Intangible fixed assets | 21 | €2,975 | €2,975 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,639,843 | €1,651,771 | +€11,929 | +0.7% |
| Land and buildings | 22 | €1,385,407 | €1,393,300 | +€7,893 | +0.6% |
| Plant, machinery and equipment | 23 | €140,972 | €170,657 | +€29,684 | +21.1% |
| Furniture and vehicles | 24 | €113,464 | €87,814 | -€25,649 | -22.6% |
| Financial fixed assets | 28 | €2,146,472 | €2,146,352 | -€120 | 0.0% |
| Current assets | 29/58 | €1,166,817 | €1,221,361 | +€54,544 | +4.7% |
| Amounts receivable after more than one year | 29 | €421,343 | €385,655 | -€35,688 | -8.5% |
| Other amounts receivable | 291 | €421,343 | €385,655 | -€35,688 | -8.5% |
| Stocks and contracts in progress | 3 | €14,532 | €14,532 | = | 0.0% |
| Stocks | 30/36 | €14,532 | €14,532 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €442,441 | €343,656 | -€98,784 | -22.3% |
| Trade receivables | 40 | €111,030 | €72,918 | -€38,112 | -34.3% |
| Other amounts receivable | 41 | €331,411 | €270,738 | -€60,672 | -18.3% |
| Cash at bank and in hand | 54/58 | €286,435 | €476,335 | +€189,900 | +66.3% |
| Deferred charges and accrued income | 490/1 | €2,066 | €1,183 | -€883 | -42.8% |
| Total equity and liabilities | 10/49 | €4,956,106 | €5,022,459 | +€66,353 | +1.3% |
| Equity | 10/15 | €3,890,593 | €3,997,189 | +€106,596 | +2.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €178,505 | €167,489 | -€11,016 | -6.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €152,280 | €141,264 | -€11,016 | -7.2% |
| Distributable reserves | 133 | €20,025 | €20,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,650,088 | €3,767,699 | +€117,612 | +3.2% |
| Provisions and deferred taxes | 16 | €60,031 | €54,359 | -€5,672 | -9.4% |
| Deferred taxes | 168 | €60,031 | €54,359 | -€5,672 | -9.4% |
| Amounts payable | 17/49 | €1,005,482 | €970,911 | -€34,571 | -3.4% |
| Amounts payable after more than one year | 17 | €795,037 | €747,036 | -€48,001 | -6.0% |
| Financial debts | 170/4 | €795,037 | €747,036 | -€48,001 | -6.0% |
| Amounts payable within one year | 42/48 | €210,445 | €223,875 | +€13,431 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €80,105 | €78,896 | -€1,209 | -1.5% |
| Trade debts | 44 | €24,035 | €66,253 | +€42,219 | +175.7% |
| Suppliers | 440/4 | €24,035 | €66,253 | +€42,219 | +175.7% |
| Taxes, remuneration and social security | 45 | €81,305 | €53,726 | -€27,579 | -33.9% |
| Taxes | 450/3 | €51,540 | €23,099 | -€28,441 | -55.2% |
| Remuneration and social security | 454/9 | €29,765 | €30,627 | +€862 | +2.9% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €290,525 | €308,713 | +€18,188 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,429 | €176,086 | -€30,344 | -14.7% |
| Other operating charges | 640/8 | €190,843 | €187,969 | -€2,874 | -1.5% |
| Gross operating margin | 9900 | €709,709 | €797,427 | +€87,718 | +12.4% |
| Operating profit (loss) | 9901 | €21,911 | €124,659 | +€102,748 | +468.9% |
| Financial income | 75/76B | €239,401 | €51,659 | -€187,741 | -78.4% |
| Recurring financial income | 75 | €227,784 | €43,064 | -€184,720 | -81.1% |
| Non-recurring financial income | 76B | €11,617 | €8,595 | -€3,022 | -26.0% |
| Financial charges | 65/66B | €15,274 | €13,271 | -€2,003 | -13.1% |
| Recurring financial charges | 65 | €15,274 | €13,271 | -€2,003 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €246,038 | €163,047 | -€82,991 | -33.7% |
| Transfer from deferred taxes | 780 | €5,672 | €5,672 | = | 0.0% |
| Income taxes | 67/77 | €41,804 | €37,124 | -€4,681 | -11.2% |
| Profit (loss) for the period | 9904 | €209,906 | €131,596 | -€78,310 | -37.3% |
| Transfer from tax-exempt reserves | 789 | €11,016 | €11,016 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €220,922 | €142,612 | -€78,310 | -35.4% |
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 7 October 2026 via checked.be.