TAFIMA: 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.
TAFIMA
Largest movements
- Tangible fixed assets +€73,816
new in 2025: €73,816
- Receivables within one year +€32,003
up €32,003 (+332.2%), from €9,635 to €41,638
- Cash -€6,471
down €6,471 (-73.9%), from €8,754 to €2,282
mainly Investment in fixed assets (net) (-€76,160) and Receivables within one year (-€32,003)
- Deferred charges and accrued income -€5,348
down €5,348 (-30.6%), from €17,500 to €12,152
- Profit (loss) carried forward +€41,526
up €41,526 (+168.3%), from €24,676 to €66,202
- Debts after one year +€36,755
new in 2025: €36,755
- Current portion of long-term debt +€8,245
new in 2025: €8,245
- Trade debts +€4,579
up €4,579 (+538.7%), from €850 to €5,429
- Tax, wage and social debts +€2,895
up €2,895 (+23.6%), from €12,262 to €15,157
- Gross operating margin +€22,254
up €22,254 (+68.8%), from €32,326 to €54,579
- Taxes +€3,624
up €3,624 (+47.6%), from €7,620 to €11,244
- Depreciation +€2,344
new in 2025: €2,344
- Financial income +€685
up €685 (+456.8%), from €150 to €835
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 | €37,888 | €131,888 | +€93,999 | +248.1% |
| Fixed assets | 21/28 | €2,000 | €75,816 | +€73,816 | +3690.8% |
| Tangible fixed assets | 22/27 | - | €73,816 | +€73,816 | |
| Furniture and vehicles | 24 | - | €73,816 | +€73,816 | |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €35,888 | €56,071 | +€20,183 | +56.2% |
| Amounts receivable within one year | 40/41 | €9,635 | €41,638 | +€32,003 | +332.2% |
| Other amounts receivable | 41 | €9,635 | €41,638 | +€32,003 | +332.2% |
| Cash at bank and in hand | 54/58 | €8,754 | €2,282 | -€6,471 | -73.9% |
| Deferred charges and accrued income | 490/1 | €17,500 | €12,152 | -€5,348 | -30.6% |
| Total equity and liabilities | 10/49 | €37,888 | €131,888 | +€93,999 | +248.1% |
| Equity | 10/15 | €24,776 | €66,302 | +€41,526 | +167.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,676 | €66,202 | +€41,526 | +168.3% |
| Amounts payable | 17/49 | €13,112 | €65,586 | +€52,474 | +400.2% |
| Amounts payable after more than one year | 17 | - | €36,755 | +€36,755 | |
| Financial debts | 170/4 | - | €36,755 | +€36,755 | |
| Amounts payable within one year | 42/48 | €13,112 | €28,831 | +€15,719 | +119.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,245 | +€8,245 | |
| Trade debts | 44 | €850 | €5,429 | +€4,579 | +538.7% |
| Suppliers | 440/4 | €850 | €5,429 | +€4,579 | +538.7% |
| Taxes, remuneration and social security | 45 | €12,262 | €15,157 | +€2,895 | +23.6% |
| Taxes | 450/3 | €12,262 | €15,157 | +€2,895 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,344 | +€2,344 | |
| Other operating charges | 640/8 | - | €75 | +€75 | |
| Gross operating margin | 9900 | €32,326 | €54,579 | +€22,254 | +68.8% |
| Operating profit (loss) | 9901 | €32,326 | €52,161 | +€19,836 | +61.4% |
| Financial income | 75/76B | €150 | €835 | +€685 | +456.8% |
| Recurring financial income | 75 | €150 | €835 | +€685 | +456.8% |
| Financial charges | 65/66B | €180 | €226 | +€46 | +25.8% |
| Recurring financial charges | 65 | €180 | €226 | +€46 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €32,296 | €52,770 | +€20,474 | +63.4% |
| Income taxes | 67/77 | €7,620 | €11,244 | +€3,624 | +47.6% |
| Profit (loss) for the period | 9904 | €24,676 | €41,526 | +€16,850 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,676 | €41,526 | +€16,850 | +68.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.