TAGTIC: 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.
TAGTIC
Largest movements
- Cash -€66,015
down €66,015 (-65.9%), from €100,111 to €34,096
mainly Contributions, distributions and other (-€44,775) and Other debts (-€44,188)
- Receivables within one year -€22,100
down €22,100 (-25.8%), from €85,726 to €63,626
of which Trade receivables: -€22,100
- Tangible fixed assets -€4,174
down €4,174 (-14.9%), from €28,048 to €23,874
- Deferred charges and accrued income +€2,798
up €2,798 (+3940.2%), from €71 to €2,869
- Other debts -€44,188
down €44,188 (-98.0%), from €45,084 to €897
- Tax, wage and social debts -€21,566
no longer reported in 2025 (was €21,566)
of which Taxes: -€15,022
- Profit (loss) carried forward -€20,013
down €20,013 (-20.4%), from €98,207 to €78,194
- Gross operating margin +€27,124
up €27,124 (+134.7%), from €20,141 to €47,264
- Depreciation +€605
up €605 (+10.3%), from €5,856 to €6,461
- Taxes -€478
down €478 (-69.5%), from €688 to €210
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 | €248,077 | €158,586 | -€89,491 | -36.1% |
| Fixed assets | 21/28 | €62,169 | €57,995 | -€4,174 | -6.7% |
| Tangible fixed assets | 22/27 | €28,048 | €23,874 | -€4,174 | -14.9% |
| Land and buildings | 22 | €18,493 | €16,577 | -€1,917 | -10.4% |
| Furniture and vehicles | 24 | €8,583 | €6,992 | -€1,591 | -18.5% |
| Other tangible fixed assets | 26 | €972 | €306 | -€666 | -68.5% |
| Financial fixed assets | 28 | €34,121 | €34,121 | = | 0.0% |
| Current assets | 29/58 | €185,908 | €100,590 | -€85,317 | -45.9% |
| Amounts receivable within one year | 40/41 | €85,726 | €63,626 | -€22,100 | -25.8% |
| Trade receivables | 40 | €85,686 | €63,586 | -€22,100 | -25.8% |
| Other amounts receivable | 41 | €41 | €41 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €100,111 | €34,096 | -€66,015 | -65.9% |
| Deferred charges and accrued income | 490/1 | €71 | €2,869 | +€2,798 | +3940.2% |
| Total equity and liabilities | 10/49 | €248,077 | €158,586 | -€89,491 | -36.1% |
| Equity | 10/15 | €176,951 | €156,939 | -€20,013 | -11.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €72,545 | €72,545 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,015 | €22,015 | = | 0.0% |
| Distributable reserves | 133 | €48,670 | €48,670 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,207 | €78,194 | -€20,013 | -20.4% |
| Amounts payable | 17/49 | €71,126 | €1,647 | -€69,479 | -97.7% |
| Amounts payable within one year | 42/48 | €69,326 | €1,263 | -€68,063 | -98.2% |
| Trade debts | 44 | €2,675 | €366 | -€2,309 | -86.3% |
| Suppliers | 440/4 | €2,675 | €366 | -€2,309 | -86.3% |
| Taxes, remuneration and social security | 45 | €21,566 | - | -€21,566 | |
| Taxes | 450/3 | €15,022 | - | -€15,022 | |
| Remuneration and social security | 454/9 | €6,544 | - | -€6,544 | |
| Other amounts payable | 47/48 | €45,084 | €897 | -€44,188 | -98.0% |
| Accrued charges and deferred income | 492/3 | €1,800 | €384 | -€1,416 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,856 | €6,461 | +€605 | +10.3% |
| Other operating charges | 640/8 | €12,180 | €12,000 | -€180 | -1.5% |
| Gross operating margin | 9900 | €20,141 | €47,264 | +€27,124 | +134.7% |
| Operating profit (loss) | 9901 | €2,104 | €28,803 | +€26,699 | +1268.8% |
| Financial income | 75/76B | €975 | €702 | -€274 | -28.1% |
| Recurring financial income | 75 | €975 | €702 | -€274 | -28.1% |
| Financial charges | 65/66B | €4,427 | €4,532 | +€105 | +2.4% |
| Recurring financial charges | 65 | €4,427 | €4,532 | +€105 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,347 | €24,973 | +€26,320 | |
| Income taxes | 67/77 | €688 | €210 | -€478 | -69.5% |
| Profit (loss) for the period | 9904 | -€2,035 | €24,762 | +€26,798 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,035 | €24,762 | +€26,798 |
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 5 October 2026 via checked.be.