TAHLA: 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.
TAHLA
Largest movements
- Tangible fixed assets -€15,138
down €15,138 (-86.3%), from €17,543 to €2,405
- Receivables within one year +€13,573
up €13,573 (+226.7%), from €5,987 to €19,560
of which Other amounts receivable: +€13,834
- Cash -€7,460
down €7,460 (-22.5%), from €33,127 to €25,667
mainly Other debts (-€14,300) and Receivables within one year (-€13,573)
- Stocks and contracts +€2,255
up €2,255 (+4.0%), from €55,831 to €58,086
- Other debts -€14,300
down €14,300 (-46.1%), from €31,038 to €16,738
- Trade debts +€5,334
up €5,334 (+23.0%), from €23,160 to €28,494
- Profit (loss) carried forward +€2,196
up €2,196 (+5.7%), from €38,231 to €40,427
- Gross operating margin -€5,834
down €5,834 (-23.3%), from €25,057 to €19,223
- Other operating charges -€2,768
down €2,768 (-63.3%), from €4,376 to €1,608
- Depreciation -€1,823
down €1,823 (-10.8%), from €16,961 to €15,138
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 | €112,889 | €106,119 | -€6,770 | -6.0% |
| Fixed assets | 21/28 | €17,943 | €2,805 | -€15,138 | -84.4% |
| Tangible fixed assets | 22/27 | €17,543 | €2,405 | -€15,138 | -86.3% |
| Furniture and vehicles | 24 | €17,543 | €2,405 | -€15,138 | -86.3% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €94,945 | €103,313 | +€8,368 | +8.8% |
| Stocks and contracts in progress | 3 | €55,831 | €58,086 | +€2,255 | +4.0% |
| Stocks | 30/36 | €55,831 | €58,086 | +€2,255 | +4.0% |
| Amounts receivable within one year | 40/41 | €5,987 | €19,560 | +€13,573 | +226.7% |
| Trade receivables | 40 | €1,565 | €1,304 | -€261 | -16.7% |
| Other amounts receivable | 41 | €4,422 | €18,256 | +€13,834 | +312.8% |
| Cash at bank and in hand | 54/58 | €33,127 | €25,667 | -€7,460 | -22.5% |
| Total equity and liabilities | 10/49 | €112,889 | €106,119 | -€6,770 | -6.0% |
| Equity | 10/15 | €58,691 | €60,887 | +€2,196 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,231 | €40,427 | +€2,196 | +5.7% |
| Amounts payable | 17/49 | €54,198 | €45,232 | -€8,966 | -16.5% |
| Amounts payable within one year | 42/48 | €54,198 | €45,232 | -€8,966 | -16.5% |
| Trade debts | 44 | €23,160 | €28,494 | +€5,334 | +23.0% |
| Suppliers | 440/4 | €23,160 | €28,494 | +€5,334 | +23.0% |
| Other amounts payable | 47/48 | €31,038 | €16,738 | -€14,300 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,961 | €15,138 | -€1,823 | -10.8% |
| Other operating charges | 640/8 | €4,376 | €1,608 | -€2,768 | -63.3% |
| Gross operating margin | 9900 | €25,057 | €19,223 | -€5,834 | -23.3% |
| Operating profit (loss) | 9901 | €3,719 | €2,477 | -€1,243 | -33.4% |
| Financial income | 75/76B | €1 | €24 | +€23 | +1970.9% |
| Recurring financial income | 75 | €1 | €24 | +€23 | +1970.9% |
| Financial charges | 65/66B | €254 | €305 | +€51 | +20.1% |
| Recurring financial charges | 65 | €254 | €305 | +€51 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €3,467 | €2,196 | -€1,271 | -36.6% |
| Income taxes | 67/77 | €241 | - | -€241 | |
| Profit (loss) for the period | 9904 | €3,225 | €2,196 | -€1,029 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,225 | €2,196 | -€1,029 | -31.9% |
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 7 October 2026 via checked.be.