TAM TAM: 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.
TAM TAM
Largest movements
- Tangible fixed assets -€8,430
down €8,430 (-9.9%), from €85,530 to €77,100
of which Land and buildings: -€6,686
- Receivables within one year +€2,250
up €2,250 (+149%), from €1,506 to €3,756
- Cash +€2,122
up €2,122 (+22.1%), from €9,599 to €11,721
mainly Depreciation (+€5,806) and Net result for the year (+€5,636)
- Trade debts -€2,472
down €2,472 (-92.7%), from €2,665 to €194
- Other debts -€1,637
down €1,637 (-13.4%), from €12,246 to €10,609
- Depreciation -€3,901
down €3,901 (-40.2%), from €9,707 to €5,806
- Gross operating margin -€2,178
down €2,178 (-14.0%), from €15,585 to €13,407
- Taxes -€369
no longer reported in 2025 (was €369)
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 | €97,143 | €93,089 | -€4,054 | -4.2% |
| Fixed assets | 21/28 | €85,530 | €77,100 | -€8,430 | -9.9% |
| Tangible fixed assets | 22/27 | €85,530 | €77,100 | -€8,430 | -9.9% |
| Land and buildings | 22 | €70,153 | €63,466 | -€6,686 | -9.5% |
| Plant, machinery and equipment | 23 | €15,377 | €13,634 | -€1,743 | -11.3% |
| Current assets | 29/58 | €11,614 | €15,989 | +€4,375 | +37.7% |
| Amounts receivable within one year | 40/41 | €1,506 | €3,756 | +€2,250 | +149% |
| Other amounts receivable | 41 | €1,506 | €3,756 | +€2,250 | +149% |
| Cash at bank and in hand | 54/58 | €9,599 | €11,721 | +€2,122 | +22.1% |
| Deferred charges and accrued income | 490/1 | €509 | €513 | +€3 | +0.7% |
| Total equity and liabilities | 10/49 | €97,143 | €93,089 | -€4,054 | -4.2% |
| Equity | 10/15 | €81,113 | €81,349 | +€236 | +0.3% |
| Contributions | 10/11 | €22,320 | €22,320 | = | 0.0% |
| Reserves | 13 | €15,124 | €15,124 | = | 0.0% |
| Distributable reserves | 133 | €15,124 | €15,124 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,669 | €43,905 | +€236 | +0.5% |
| Amounts payable | 17/49 | €16,031 | €11,740 | -€4,290 | -26.8% |
| Amounts payable within one year | 42/48 | €15,281 | €10,803 | -€4,478 | -29.3% |
| Trade debts | 44 | €2,665 | €194 | -€2,472 | -92.7% |
| Suppliers | 440/4 | €2,665 | €194 | -€2,472 | -92.7% |
| Taxes, remuneration and social security | 45 | €369 | - | -€369 | |
| Taxes | 450/3 | €369 | - | -€369 | |
| Other amounts payable | 47/48 | €12,246 | €10,609 | -€1,637 | -13.4% |
| Accrued charges and deferred income | 492/3 | €750 | €938 | +€188 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,707 | €5,806 | -€3,901 | -40.2% |
| Other operating charges | 640/8 | €1,857 | €1,919 | +€62 | +3.4% |
| Gross operating margin | 9900 | €15,585 | €13,407 | -€2,178 | -14.0% |
| Operating profit (loss) | 9901 | €4,021 | €5,682 | +€1,660 | +41.3% |
| Financial income | 75/76B | €86 | - | -€86 | |
| Recurring financial income | 75 | €86 | - | -€86 | |
| Financial charges | 65/66B | €45 | €46 | +€1 | +2.2% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €4,062 | €5,636 | +€1,574 | +38.7% |
| Income taxes | 67/77 | €369 | - | -€369 | |
| Profit (loss) for the period | 9904 | €3,693 | €5,636 | +€1,943 | +52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,693 | €5,636 | +€1,943 | +52.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.