TAHO: 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.
TAHO
Largest movements
- Cash -€72,429
down €72,429 (-89.2%), from €81,200 to €8,771
mainly Investment in fixed assets (net) (-€50,000) and Trade debts (-€12,828)
- Financial fixed assets +€50,000
new in 2025: €50,000
- Deferred charges and accrued income -€1,404
down €1,404 (-98.7%), from €1,423 to €19
- Trade debts -€12,828
down €12,828 (-33.9%), from €37,801 to €24,974
- Other debts -€5,712
down €5,712 (-6.6%), from €86,154 to €80,442
- Profit (loss) carried forward -€5,573
down €5,573 (-6.9%), from -€80,752 to -€86,325
- Financial charges +€2,350
up €2,350 (+1,692%), from €139 to €2,489
- Gross operating margin +€1,685
up €1,685 (+37.2%), from -€4,527 to -€2,842
- Financial income +€151
up €151 (+26.3%), from €577 to €728
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 | €91,690 | €67,753 | -€23,937 | -26.1% |
| Fixed assets | 21/28 | €1,167 | €50,583 | +€49,417 | +4,235% |
| Tangible fixed assets | 22/27 | €1,167 | €583 | -€583 | -50.0% |
| Furniture and vehicles | 24 | €1,167 | €583 | -€583 | -50.0% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €90,523 | €17,169 | -€73,354 | -81.0% |
| Amounts receivable within one year | 40/41 | €7,901 | €8,380 | +€479 | +6.1% |
| Other amounts receivable | 41 | €7,901 | €8,380 | +€479 | +6.1% |
| Cash at bank and in hand | 54/58 | €81,200 | €8,771 | -€72,429 | -89.2% |
| Deferred charges and accrued income | 490/1 | €1,423 | €19 | -€1,404 | -98.7% |
| Total equity and liabilities | 10/49 | €91,690 | €67,753 | -€23,937 | -26.1% |
| Equity | 10/15 | -€32,292 | -€37,865 | -€5,573 | -17.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €36,060 | €36,060 | = | 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% |
| Distributable reserves | 133 | €34,200 | €34,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,752 | -€86,325 | -€5,573 | -6.9% |
| Amounts payable | 17/49 | €123,982 | €105,617 | -€18,364 | -14.8% |
| Amounts payable within one year | 42/48 | €123,955 | €105,612 | -€18,344 | -14.8% |
| Trade debts | 44 | €37,801 | €24,974 | -€12,828 | -33.9% |
| Suppliers | 440/4 | €37,801 | €24,974 | -€12,828 | -33.9% |
| Taxes, remuneration and social security | 45 | - | €195 | +€195 | |
| Taxes | 450/3 | - | €195 | +€195 | |
| Other amounts payable | 47/48 | €86,154 | €80,442 | -€5,712 | -6.6% |
| Accrued charges and deferred income | 492/3 | €26 | €6 | -€20 | -78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €583 | €583 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€4,527 | -€2,842 | +€1,685 | +37.2% |
| Operating profit (loss) | 9901 | -€5,495 | -€3,812 | +€1,682 | +30.6% |
| Financial income | 75/76B | €577 | €728 | +€151 | +26.3% |
| Recurring financial income | 75 | €577 | €728 | +€151 | +26.3% |
| Financial charges | 65/66B | €139 | €2,489 | +€2,350 | +1,692% |
| Recurring financial charges | 65 | €139 | €2,489 | +€2,350 | +1,692% |
| Profit (loss) for the period before taxes | 9903 | -€5,057 | -€5,573 | -€516 | -10.2% |
| Profit (loss) for the period | 9904 | -€5,057 | -€5,573 | -€516 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,057 | -€5,573 | -€516 | -10.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.