TAGG Services: 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.
TAGG Services
Largest movements
- Tangible fixed assets +€46,478
up €46,478 (+266.3%), from €17,452 to €63,931
of which Furniture and vehicles: +€55,483
- Cash -€4,970
down €4,970 (-41.5%), from €11,965 to €6,994
mainly Investment in fixed assets (net) (-€58,710) and Tax, wage and social debts (-€3,221)
- Reserves +€23,782
up €23,782 (+51.4%), from €46,277 to €70,058
- Other debts +€11,769
up €11,769 (+82.5%), from €14,272 to €26,041
- Current portion of long-term debt +€4,953
up €4,953 (+15.9%), from €31,146 to €36,099
- Tax, wage and social debts -€3,221
down €3,221 (-18.7%), from €17,184 to €13,963
of which Taxes: -€6,553
- Trade debts +€3,145
up €3,145 (+136.9%), from €2,298 to €5,443
- Gross operating margin +€5,648
up €5,648 (+13.1%), from €43,108 to €48,755
- Depreciation +€2,992
up €2,992 (+32.4%), from €9,240 to €12,232
- Financial charges -€1,554
down €1,554 (-38.0%), from €4,091 to €2,538
- Taxes -€924
down €924 (-11.4%), from €8,113 to €7,190
- Other operating charges +€733
up €733 (+63.7%), from €1,151 to €1,884
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 | €196,735 | €239,393 | +€42,658 | +21.7% |
| Fixed assets | 21/28 | €167,452 | €213,931 | +€46,478 | +27.8% |
| Tangible fixed assets | 22/27 | €17,452 | €63,931 | +€46,478 | +266.3% |
| Furniture and vehicles | 24 | €1,730 | €57,213 | +€55,483 | +3207.5% |
| Leasing and similar rights | 25 | €15,723 | €6,718 | -€9,004 | -57.3% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €29,282 | €25,462 | -€3,820 | -13.0% |
| Amounts receivable within one year | 40/41 | €13,782 | €15,470 | +€1,687 | +12.2% |
| Trade receivables | 40 | €13,782 | €15,470 | +€1,687 | +12.2% |
| Cash at bank and in hand | 54/58 | €11,965 | €6,994 | -€4,970 | -41.5% |
| Deferred charges and accrued income | 490/1 | €3,535 | €2,998 | -€537 | -15.2% |
| Total equity and liabilities | 10/49 | €196,735 | €239,393 | +€42,658 | +21.7% |
| Equity | 10/15 | €49,277 | €73,058 | +€23,782 | +48.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,277 | €70,058 | +€23,782 | +51.4% |
| Distributable reserves | 133 | €46,277 | €70,058 | +€23,782 | +51.4% |
| Amounts payable | 17/49 | €147,458 | €166,335 | +€18,876 | +12.8% |
| Amounts payable after more than one year | 17 | €82,238 | €84,789 | +€2,551 | +3.1% |
| Financial debts | 170/4 | €82,238 | €84,789 | +€2,551 | +3.1% |
| Amounts payable within one year | 42/48 | €64,900 | €81,545 | +€16,646 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €31,146 | €36,099 | +€4,953 | +15.9% |
| Trade debts | 44 | €2,298 | €5,443 | +€3,145 | +136.9% |
| Suppliers | 440/4 | €2,298 | €5,443 | +€3,145 | +136.9% |
| Taxes, remuneration and social security | 45 | €17,184 | €13,963 | -€3,221 | -18.7% |
| Taxes | 450/3 | €17,184 | €10,631 | -€6,553 | -38.1% |
| Remuneration and social security | 454/9 | - | €3,331 | +€3,331 | |
| Other amounts payable | 47/48 | €14,272 | €26,041 | +€11,769 | +82.5% |
| Accrued charges and deferred income | 492/3 | €320 | - | -€320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,240 | €12,232 | +€2,992 | +32.4% |
| Other operating charges | 640/8 | €1,151 | €1,884 | +€733 | +63.7% |
| Non-recurring operating charges | 66A | - | €1,134 | +€1,134 | |
| Gross operating margin | 9900 | €43,108 | €48,755 | +€5,648 | +13.1% |
| Operating profit (loss) | 9901 | €32,717 | €33,505 | +€788 | +2.4% |
| Financial income | 75/76B | €11 | €4 | -€7 | -61.4% |
| Recurring financial income | 75 | €11 | €4 | -€7 | -61.4% |
| Financial charges | 65/66B | €4,091 | €2,538 | -€1,554 | -38.0% |
| Recurring financial charges | 65 | €4,091 | €2,538 | -€1,554 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €28,636 | €30,971 | +€2,335 | +8.2% |
| Income taxes | 67/77 | €8,113 | €7,190 | -€924 | -11.4% |
| Profit (loss) for the period | 9904 | €20,523 | €23,782 | +€3,259 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,523 | €23,782 | +€3,259 | +15.9% |
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 29 September 2026 via checked.be.