Tahina: 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.
Tahina
Largest movements
- Tangible fixed assets -€46,406
down €46,406 (-9.5%), from €488,131 to €441,725
of which Plant, machinery and equipment: -€25,926
- Stocks and contracts -€40,650
down €40,650 (-31.7%), from €128,378 to €87,727
- Cash +€33,015
up €33,015 (+62.4%), from €52,925 to €85,940
mainly Depreciation (+€44,823) and Stocks and contracts (+€40,650)
- Profit (loss) carried forward -€28,220
down €28,220 (-161%), from -€17,519 to -€45,739
- Debts after one year -€25,051
down €25,051 (-17.7%), from €141,165 to €116,114
- Trade debts -€24,745
down €24,745 (-86.8%), from €28,508 to €3,763
- Other debts +€21,964
up €21,964 (+4.8%), from €453,488 to €475,451
- Gross operating margin -€33,840
down €33,840 (-60.5%), from €55,960 to €22,120
- Depreciation -€3,692
down €3,692 (-7.6%), from €48,515 to €44,823
- Financial charges -€1,024
down €1,024 (-27.9%), from €3,669 to €2,645
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 | €697,430 | €637,075 | -€60,355 | -8.7% |
| Fixed assets | 21/28 | €488,131 | €441,725 | -€46,406 | -9.5% |
| Tangible fixed assets | 22/27 | €488,131 | €441,725 | -€46,406 | -9.5% |
| Land and buildings | 22 | €367,446 | €353,814 | -€13,632 | -3.7% |
| Plant, machinery and equipment | 23 | €107,544 | €81,618 | -€25,926 | -24.1% |
| Furniture and vehicles | 24 | €13,142 | €6,294 | -€6,848 | -52.1% |
| Current assets | 29/58 | €209,299 | €195,350 | -€13,949 | -6.7% |
| Stocks and contracts in progress | 3 | €128,378 | €87,727 | -€40,650 | -31.7% |
| Stocks | 30/36 | €128,378 | €87,727 | -€40,650 | -31.7% |
| Amounts receivable within one year | 40/41 | €27,996 | €21,682 | -€6,314 | -22.6% |
| Trade receivables | 40 | €27,572 | €21,051 | -€6,522 | -23.7% |
| Other amounts receivable | 41 | €423 | €631 | +€208 | +49.1% |
| Cash at bank and in hand | 54/58 | €52,925 | €85,940 | +€33,015 | +62.4% |
| Total equity and liabilities | 10/49 | €697,430 | €637,075 | -€60,355 | -8.7% |
| Equity | 10/15 | €44,481 | €16,261 | -€28,220 | -63.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,519 | -€45,739 | -€28,220 | -161% |
| Amounts payable | 17/49 | €652,949 | €620,814 | -€32,135 | -4.9% |
| Amounts payable after more than one year | 17 | €141,165 | €116,114 | -€25,051 | -17.7% |
| Financial debts | 170/4 | €141,165 | €116,114 | -€25,051 | -17.7% |
| Amounts payable within one year | 42/48 | €511,784 | €504,700 | -€7,084 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €24,611 | €25,051 | +€440 | +1.8% |
| Trade debts | 44 | €28,508 | €3,763 | -€24,745 | -86.8% |
| Suppliers | 440/4 | €28,508 | €3,763 | -€24,745 | -86.8% |
| Taxes, remuneration and social security | 45 | €5,177 | €434 | -€4,743 | -91.6% |
| Taxes | 450/3 | €1,248 | €434 | -€813 | -65.2% |
| Remuneration and social security | 454/9 | €3,930 | - | -€3,930 | |
| Other amounts payable | 47/48 | €453,488 | €475,451 | +€21,964 | +4.8% |
| Remuneration, social security and pensions | 62 | €117 | - | -€117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,515 | €44,823 | -€3,692 | -7.6% |
| Other operating charges | 640/8 | €3,298 | €2,947 | -€352 | -10.7% |
| Gross operating margin | 9900 | €55,960 | €22,120 | -€33,840 | -60.5% |
| Operating profit (loss) | 9901 | €4,031 | -€25,649 | -€29,680 | |
| Financial income | 75/76B | €517 | €74 | -€443 | -85.7% |
| Recurring financial income | 75 | €517 | €74 | -€443 | -85.7% |
| Financial charges | 65/66B | €3,669 | €2,645 | -€1,024 | -27.9% |
| Recurring financial charges | 65 | €3,669 | €2,645 | -€1,024 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €879 | -€28,220 | -€29,099 | |
| Profit (loss) for the period | 9904 | €879 | -€28,220 | -€29,099 | |
| Profit (loss) for the period to be appropriated | 9905 | €879 | -€28,220 | -€29,099 |
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 23 October 2026 via checked.be.