TAILS: 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.
TAILS
Largest movements
- Intangible fixed assets +€8,043
up €8,043 (+1,223%), from €658 to €8,701
- Receivables within one year -€4,633
down €4,633 (-24.4%), from €18,949 to €14,316
of which Trade receivables: -€3,699
- Cash -€2,813
down €2,813 (-11.9%), from €23,611 to €20,798
mainly Investment in fixed assets (net) (-€12,114) and Net result for the year (-€5,015)
- Deferred charges and accrued income +€828
up €828 (+97.7%), from €848 to €1,675
- Other debts +€7,757
up €7,757 (+41.3%), from €18,782 to €26,539
- Profit (loss) carried forward -€5,015
down €5,015 (-28.7%), from -€17,483 to -€22,498
- Tax, wage and social debts -€2,164
down €2,164 (-41.8%), from €5,172 to €3,008
- Gross operating margin +€16,379
up €16,379, from -€16,285 to €94
- Depreciation +€1,512
up €1,512 (+52.7%), from €2,869 to €4,381
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 | €55,876 | €56,991 | +€1,115 | +2.0% |
| Formation expenses | 20 | €1,596 | €1,335 | -€261 | -16.4% |
| Fixed assets | 21/28 | €10,873 | €18,867 | +€7,994 | +73.5% |
| Intangible fixed assets | 21 | €658 | €8,701 | +€8,043 | +1,223% |
| Tangible fixed assets | 22/27 | €10,215 | €10,165 | -€50 | -0.5% |
| Plant, machinery and equipment | 23 | €10,215 | €7,379 | -€2,836 | -27.8% |
| Furniture and vehicles | 24 | - | €2,786 | +€2,786 | |
| Current assets | 29/58 | €43,407 | €36,790 | -€6,617 | -15.2% |
| Amounts receivable within one year | 40/41 | €18,949 | €14,316 | -€4,633 | -24.4% |
| Trade receivables | 40 | €18,015 | €14,316 | -€3,699 | -20.5% |
| Other amounts receivable | 41 | €933 | €0 | -€933 | -100% |
| Cash at bank and in hand | 54/58 | €23,611 | €20,798 | -€2,813 | -11.9% |
| Deferred charges and accrued income | 490/1 | €848 | €1,675 | +€828 | +97.7% |
| Total equity and liabilities | 10/49 | €55,876 | €56,991 | +€1,115 | +2.0% |
| Equity | 10/15 | €17,258 | €12,244 | -€5,015 | -29.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €34,242 | €34,242 | = | 0.0% |
| Distributable reserves | 133 | €34,242 | €34,242 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,483 | -€22,498 | -€5,015 | -28.7% |
| Amounts payable | 17/49 | €38,618 | €44,747 | +€6,130 | +15.9% |
| Amounts payable within one year | 42/48 | €38,618 | €44,557 | +€5,940 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €14,664 | €15,011 | +€347 | +2.4% |
| Suppliers | 440/4 | €14,664 | €15,011 | +€347 | +2.4% |
| Taxes, remuneration and social security | 45 | €5,172 | €3,008 | -€2,164 | -41.8% |
| Taxes | 450/3 | €5,172 | €3,008 | -€2,164 | -41.8% |
| Other amounts payable | 47/48 | €18,782 | €26,539 | +€7,757 | +41.3% |
| Accrued charges and deferred income | 492/3 | - | €190 | +€190 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,869 | €4,381 | +€1,512 | +52.7% |
| Other operating charges | 640/8 | €644 | €585 | -€59 | -9.1% |
| Gross operating margin | 9900 | -€16,285 | €94 | +€16,379 | |
| Operating profit (loss) | 9901 | -€19,798 | -€4,873 | +€14,925 | +75.4% |
| Financial income | 75/76B | €145 | €204 | +€59 | +41.0% |
| Recurring financial income | 75 | €145 | €204 | +€59 | +41.0% |
| Financial charges | 65/66B | €282 | €241 | -€40 | -14.4% |
| Recurring financial charges | 65 | €282 | €241 | -€40 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€19,935 | -€4,910 | +€15,025 | +75.4% |
| Income taxes | 67/77 | €174 | €105 | -€70 | -40.0% |
| Profit (loss) for the period | 9904 | -€20,109 | -€5,015 | +€15,095 | +75.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,109 | -€5,015 | +€15,095 | +75.1% |
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 14 October 2026 via checked.be.