TAGES ADVICE: 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.
TAGES ADVICE
Largest movements
- Current investments -€275,000
down €275,000 (-100%), from €275,000 to €0
- Receivables within one year -€40,812
down €40,812 (-30.6%), from €133,491 to €92,679
of which Trade receivables: -€44,700
- Cash +€39,383
up €39,383 (+61.9%), from €63,625 to €103,007
mainly Current investments (+€275,000) and Net result for the year (+€175,857)
- Deferred charges and accrued income -€25,000
down €25,000 (-100%), from €25,000 to €0
- Tangible fixed assets +€19,417
up €19,417 (+267%), from €7,270 to €26,687
of which Other tangible fixed assets: +€20,689
- Other debts -€143,103
down €143,103 (-80.9%), from €176,822 to €33,719
- Profit (loss) carried forward -€98,680
down €98,680 (-35.9%), from €274,537 to €175,857
- Tax, wage and social debts -€39,786
down €39,786 (-84.5%), from €47,083 to €7,297
- Gross operating margin -€34,872
down €34,872 (-12.9%), from €269,561 to €234,689
- Taxes -€7,774
down €7,774 (-11.8%), from €65,726 to €57,951
- Financial income -€5,555
down €5,555 (-75.6%), from €7,343 to €1,788
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 | €504,386 | €222,373 | -€282,012 | -55.9% |
| Fixed assets | 21/28 | €7,270 | €26,687 | +€19,417 | +267% |
| Tangible fixed assets | 22/27 | €7,270 | €26,687 | +€19,417 | +267% |
| Furniture and vehicles | 24 | €7,270 | €5,999 | -€1,271 | -17.5% |
| Other tangible fixed assets | 26 | - | €20,689 | +€20,689 | |
| Current assets | 29/58 | €497,116 | €195,686 | -€301,430 | -60.6% |
| Amounts receivable within one year | 40/41 | €133,491 | €92,679 | -€40,812 | -30.6% |
| Trade receivables | 40 | €133,100 | €88,400 | -€44,700 | -33.6% |
| Other amounts receivable | 41 | €391 | €4,279 | +€3,888 | +995% |
| Current investments | 50/53 | €275,000 | €0 | -€275,000 | -100% |
| Cash at bank and in hand | 54/58 | €63,625 | €103,007 | +€39,383 | +61.9% |
| Deferred charges and accrued income | 490/1 | €25,000 | €0 | -€25,000 | -100% |
| Total equity and liabilities | 10/49 | €504,386 | €222,373 | -€282,012 | -55.9% |
| Equity | 10/15 | €279,537 | €180,857 | -€98,680 | -35.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €274,537 | €175,857 | -€98,680 | -35.9% |
| Amounts payable | 17/49 | €224,849 | €41,516 | -€183,333 | -81.5% |
| Amounts payable within one year | 42/48 | €224,349 | €41,016 | -€183,333 | -81.7% |
| Trade debts | 44 | €444 | €0 | -€444 | -100% |
| Suppliers | 440/4 | €444 | €0 | -€444 | -100% |
| Taxes, remuneration and social security | 45 | €47,083 | €7,297 | -€39,786 | -84.5% |
| Taxes | 450/3 | €47,083 | €7,297 | -€39,786 | -84.5% |
| Other amounts payable | 47/48 | €176,822 | €33,719 | -€143,103 | -80.9% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €324 | €1,445 | +€1,121 | +346% |
| Other operating charges | 640/8 | €320 | €380 | +€60 | +18.8% |
| Gross operating margin | 9900 | €269,561 | €234,689 | -€34,872 | -12.9% |
| Operating profit (loss) | 9901 | €268,917 | €232,864 | -€36,054 | -13.4% |
| Financial income | 75/76B | €7,343 | €1,788 | -€5,555 | -75.6% |
| Recurring financial income | 75 | €7,343 | €1,788 | -€5,555 | -75.6% |
| Financial charges | 65/66B | €1,100 | €844 | -€256 | -23.3% |
| Recurring financial charges | 65 | €1,100 | €844 | -€256 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €275,160 | €233,808 | -€41,352 | -15.0% |
| Income taxes | 67/77 | €65,726 | €57,951 | -€7,774 | -11.8% |
| Profit (loss) for the period | 9904 | €209,435 | €175,857 | -€33,578 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €209,435 | €175,857 | -€33,578 | -16.0% |
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 15 October 2026 via checked.be.