TAJ & CO: 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.
TAJ & CO
Largest movements
- Receivables within one year +€3,934
new in 2025: €3,934
- Stocks and contracts -€3,469
down €3,469 (-8.7%), from €39,694 to €36,225
- Cash +€2,196
up €2,196 (+40.6%), from €5,404 to €7,600
mainly Stocks and contracts (+€3,469) and Net result for the year (+€1,477)
- Profit (loss) carried forward +€1,477
up €1,477 (+5.7%), from €26,084 to €27,561
- Tax, wage and social debts +€1,421
up €1,421 (+13.5%), from €10,500 to €11,922
of which Remuneration and social security: +€7,048
- Turnover +€65,443
up €65,443 (+16.9%), from €386,306 to €451,749
- Purchases and services +€45,719
up €45,719 (+11.4%), from €400,348 to €446,067
- Gross operating margin +€20,850
up €20,850, from -€7,429 to €13,420
- Staff costs +€7,203
new in 2025: €7,203
- Other operating charges -€4,778
down €4,778 (-74.8%), from €6,385 to €1,608
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 | €45,801 | €48,571 | +€2,770 | +6.0% |
| Fixed assets | 21/28 | €703 | €459 | -€244 | -34.8% |
| Tangible fixed assets | 22/27 | €703 | €459 | -€244 | -34.8% |
| Furniture and vehicles | 24 | €703 | €459 | -€244 | -34.8% |
| Current assets | 29/58 | €45,098 | €48,112 | +€3,014 | +6.7% |
| Stocks and contracts in progress | 3 | €39,694 | €36,225 | -€3,469 | -8.7% |
| Stocks | 30/36 | €39,694 | €36,225 | -€3,469 | -8.7% |
| Amounts receivable within one year | 40/41 | - | €3,934 | +€3,934 | |
| Trade receivables | 40 | - | €3,934 | +€3,934 | |
| Cash at bank and in hand | 54/58 | €5,404 | €7,600 | +€2,196 | +40.6% |
| Deferred charges and accrued income | 490/1 | - | €354 | +€354 | |
| Total equity and liabilities | 10/49 | €45,801 | €48,571 | +€2,770 | +6.0% |
| Equity | 10/15 | €31,348 | €32,826 | +€1,477 | +4.7% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €4,665 | €4,665 | = | 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 | €2,805 | €2,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,084 | €27,561 | +€1,477 | +5.7% |
| Amounts payable | 17/49 | €14,452 | €15,745 | +€1,293 | +8.9% |
| Amounts payable within one year | 42/48 | €14,452 | €15,745 | +€1,293 | +8.9% |
| Trade debts | 44 | €1,412 | €1,283 | -€129 | -9.1% |
| Suppliers | 440/4 | €1,412 | €1,283 | -€129 | -9.1% |
| Taxes, remuneration and social security | 45 | €10,500 | €11,922 | +€1,421 | +13.5% |
| Taxes | 450/3 | €9,000 | €3,374 | -€5,627 | -62.5% |
| Remuneration and social security | 454/9 | €1,500 | €8,548 | +€7,048 | +470% |
| Other amounts payable | 47/48 | €2,540 | €2,540 | = | 0.0% |
| Turnover | 70 | €386,306 | €451,749 | +€65,443 | +16.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €400,348 | €446,067 | +€45,719 | +11.4% |
| Remuneration, social security and pensions | 62 | - | €7,203 | +€7,203 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €445 | €244 | -€201 | -45.1% |
| Other operating charges | 640/8 | €6,385 | €1,608 | -€4,778 | -74.8% |
| Gross operating margin | 9900 | -€7,429 | €13,420 | +€20,850 | |
| Operating profit (loss) | 9901 | -€14,260 | €4,365 | +€18,625 | |
| Financial income | 75/76B | €5 | €599 | +€594 | +12,371% |
| Recurring financial income | 75 | €5 | €599 | +€594 | +12,371% |
| Financial charges | 65/66B | €340 | €3,347 | +€3,007 | +886% |
| Recurring financial charges | 65 | €340 | €3,347 | +€3,007 | +886% |
| Profit (loss) for the period before taxes | 9903 | -€14,594 | €1,617 | +€16,211 | |
| Income taxes | 67/77 | €1,775 | €140 | -€1,635 | -92.1% |
| Profit (loss) for the period | 9904 | -€16,369 | €1,477 | +€17,847 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,369 | €1,477 | +€17,847 |
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 13 October 2026 via checked.be.