TAKTIC: 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.
TAKTIC
Largest movements
- Tangible fixed assets +€291,221
up €291,221 (+5026.5%), from €5,794 to €297,015
of which Land and buildings: +€291,723
- Cash +€52,576
up €52,576 (+69.3%), from €75,882 to €128,458
mainly Debts after one year (+€242,649) and Net result for the year (+€92,616)
- Debts after one year +€242,649
up €242,649, from €0 to €242,649
of which Financial debts: +€242,649
- Other debts +€31,502
up €31,502 (+22.5%), from €140,142 to €171,644
- Gross operating margin +€27,192
up €27,192 (+32.2%), from €84,356 to €111,548
- Financial income -€25,328
down €25,328 (-50.2%), from €50,423 to €25,095
- Financial charges +€3,890
up €3,890 (+65.2%), from €5,965 to €9,855
- Other operating charges +€2,040
up €2,040 (+123.8%), from €1,648 to €3,688
- Depreciation -€1,927
down €1,927 (-26.9%), from €7,170 to €5,244
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 | €2,614,798 | €2,910,265 | +€295,466 | +11.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €8,732 | €299,953 | +€291,221 | +3335.1% |
| Tangible fixed assets | 22/27 | €5,794 | €297,015 | +€291,221 | +5026.5% |
| Land and buildings | 22 | - | €291,723 | +€291,723 | |
| Furniture and vehicles | 24 | €3,689 | €5,292 | +€1,603 | +43.5% |
| Leasing and similar rights | 25 | €2,105 | €0 | -€2,105 | -100.0% |
| Financial fixed assets | 28 | €2,938 | €2,938 | = | 0.0% |
| Current assets | 29/58 | €2,606,066 | €2,610,311 | +€4,245 | +0.2% |
| Amounts receivable within one year | 40/41 | €2,504,973 | €2,481,854 | -€23,119 | -0.9% |
| Trade receivables | 40 | €8,408 | €37,659 | +€29,251 | +347.9% |
| Other amounts receivable | 41 | €2,496,565 | €2,444,195 | -€52,370 | -2.1% |
| Cash at bank and in hand | 54/58 | €75,882 | €128,458 | +€52,576 | +69.3% |
| Deferred charges and accrued income | 490/1 | €25,212 | €0 | -€25,212 | -100.0% |
| Total equity and liabilities | 10/49 | €2,614,798 | €2,910,265 | +€295,466 | +11.3% |
| Equity | 10/15 | €2,465,861 | €2,468,476 | +€2,616 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,560 | €115,560 | = | 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 | €113,700 | €113,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,331,701 | €2,334,316 | +€2,616 | +0.1% |
| Amounts payable | 17/49 | €148,938 | €441,788 | +€292,851 | +196.6% |
| Amounts payable after more than one year | 17 | €0 | €242,649 | +€242,649 | |
| Financial debts | 170/4 | - | €242,649 | +€242,649 | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €142,599 | €191,374 | +€48,776 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €6,321 | +€6,321 | |
| Trade debts | 44 | €457 | €4,298 | +€3,841 | +840.7% |
| Suppliers | 440/4 | €457 | €4,298 | +€3,841 | +840.7% |
| Taxes, remuneration and social security | 45 | €2,000 | €9,111 | +€7,111 | +355.6% |
| Taxes | 450/3 | €0 | €7,111 | +€7,111 | |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €140,142 | €171,644 | +€31,502 | +22.5% |
| Accrued charges and deferred income | 492/3 | €6,339 | €7,765 | +€1,426 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,170 | €5,244 | -€1,927 | -26.9% |
| Other operating charges | 640/8 | €1,648 | €3,688 | +€2,040 | +123.8% |
| Gross operating margin | 9900 | €84,356 | €111,548 | +€27,192 | +32.2% |
| Operating profit (loss) | 9901 | €75,537 | €102,616 | +€27,079 | +35.8% |
| Financial income | 75/76B | €50,423 | €25,095 | -€25,328 | -50.2% |
| Recurring financial income | 75 | €50,423 | €25,095 | -€25,328 | -50.2% |
| Financial charges | 65/66B | €5,965 | €9,855 | +€3,890 | +65.2% |
| Recurring financial charges | 65 | €5,965 | €9,855 | +€3,890 | +65.2% |
| Profit (loss) for the period before taxes | 9903 | €119,995 | €117,856 | -€2,139 | -1.8% |
| Income taxes | 67/77 | €26,107 | €25,240 | -€867 | -3.3% |
| Profit (loss) for the period | 9904 | €93,888 | €92,616 | -€1,273 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €93,888 | €92,616 | -€1,273 | -1.4% |
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 4 October 2026 via checked.be.