TAFYMO: 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.
TAFYMO
Largest movements
- Tangible fixed assets +€15,944
up €15,944 (+3.5%), from €458,330 to €474,273
of which Plant, machinery and equipment: +€39,997
- Receivables within one year +€15,452
up €15,452 (+551%), from €2,804 to €18,257
of which Trade receivables: +€7,925
- Cash -€14,688
down €14,688 (-67.4%), from €21,779 to €7,091
mainly Investment in fixed assets (net) (-€42,911) and Debts after one year (-€19,791)
- Other debts +€27,196
up €27,196, from €0 to €27,196
- Debts after one year -€19,791
down €19,791 (-10.0%), from €197,213 to €177,422
of which Financial debts: -€18,711
- Gross operating margin +€4,594
up €4,594 (+10.7%), from €42,888 to €47,482
- Taxes +€1,305
up €1,305 (+500%), from €261 to €1,566
- Depreciation +€642
up €642 (+2.4%), from €26,325 to €26,967
- Financial charges -€603
down €603 (-9.4%), from €6,392 to €5,789
- Other operating charges -€527
down €527 (-5.5%), from €9,514 to €8,987
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 | €485,863 | €499,621 | +€13,758 | +2.8% |
| Fixed assets | 21/28 | €458,330 | €474,273 | +€15,944 | +3.5% |
| Tangible fixed assets | 22/27 | €458,330 | €474,273 | +€15,944 | +3.5% |
| Land and buildings | 22 | €441,973 | €417,920 | -€24,053 | -5.4% |
| Plant, machinery and equipment | 23 | €16,357 | €56,354 | +€39,997 | +245% |
| Current assets | 29/58 | €27,533 | €25,348 | -€2,185 | -7.9% |
| Amounts receivable within one year | 40/41 | €2,804 | €18,257 | +€15,452 | +551% |
| Trade receivables | 40 | - | €7,925 | +€7,925 | |
| Other amounts receivable | 41 | €2,804 | €10,332 | +€7,527 | +268% |
| Cash at bank and in hand | 54/58 | €21,779 | €7,091 | -€14,688 | -67.4% |
| Deferred charges and accrued income | 490/1 | €2,950 | €0 | -€2,950 | -100% |
| Total equity and liabilities | 10/49 | €485,863 | €499,621 | +€13,758 | +2.8% |
| Equity | 10/15 | €264,358 | €268,594 | +€4,236 | +1.6% |
| Contributions | 10/11 | €262,271 | €262,271 | = | 0.0% |
| Capital | 10 | €262,271 | €262,271 | = | 0.0% |
| Issued capital | 100 | €262,271 | €262,271 | = | 0.0% |
| Reserves | 13 | €2,087 | €2,087 | = | 0.0% |
| Distributable reserves | 133 | €2,087 | €2,087 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €4,236 | +€4,236 | |
| Provisions and deferred taxes | 16 | €3,234 | €3,234 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,234 | €3,234 | = | 0.0% |
| Other liabilities and charges | 164/5 | €3,234 | €3,234 | = | 0.0% |
| Amounts payable | 17/49 | €218,271 | €227,794 | +€9,523 | +4.4% |
| Amounts payable after more than one year | 17 | €197,213 | €177,422 | -€19,791 | -10.0% |
| Financial debts | 170/4 | €186,823 | €168,112 | -€18,711 | -10.0% |
| Other amounts payable | 178/9 | €10,390 | €9,310 | -€1,080 | -10.4% |
| Amounts payable within one year | 42/48 | €19,075 | €47,675 | +€28,600 | +150% |
| Current portion of amounts payable after more than one year | 42 | €18,095 | €18,711 | +€616 | +3.4% |
| Trade debts | 44 | €756 | €220 | -€536 | -70.9% |
| Suppliers | 440/4 | €756 | €220 | -€536 | -70.9% |
| Taxes, remuneration and social security | 45 | €223 | €1,548 | +€1,325 | +593% |
| Taxes | 450/3 | €223 | €1,548 | +€1,325 | +593% |
| Other amounts payable | 47/48 | €0 | €27,196 | +€27,196 | |
| Accrued charges and deferred income | 492/3 | €1,984 | €2,697 | +€713 | +36.0% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,325 | €26,967 | +€642 | +2.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | €9,514 | €8,987 | -€527 | -5.5% |
| Gross operating margin | 9900 | €42,888 | €47,482 | +€4,594 | +10.7% |
| Operating profit (loss) | 9901 | €7,049 | €11,528 | +€4,478 | +63.5% |
| Financial income | 75/76B | €125 | €64 | -€62 | -49.2% |
| Recurring financial income | 75 | €125 | €64 | -€62 | -49.2% |
| Financial charges | 65/66B | €6,392 | €5,789 | -€603 | -9.4% |
| Recurring financial charges | 65 | €6,392 | €5,789 | -€603 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €782 | €5,802 | +€5,020 | +642% |
| Income taxes | 67/77 | €261 | €1,566 | +€1,305 | +500% |
| Profit (loss) for the period | 9904 | €521 | €4,236 | +€3,715 | +713% |
| Profit (loss) for the period to be appropriated | 9905 | €521 | €4,236 | +€3,715 | +713% |
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 13 October 2026 via checked.be.