TAMACO: 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.
TAMACO
Largest movements
- Tangible fixed assets -€21,488
down €21,488 (-12.8%), from €168,451 to €146,963
of which Land and buildings: -€11,860
- Receivables within one year -€13,370
down €13,370 (-34.5%), from €38,752 to €25,383
of which Trade receivables: -€12,918
- Cash -€12,467
down €12,467 (-44.0%), from €28,330 to €15,863
mainly Net result for the year (-€22,163) and Debts after one year (-€12,711)
- Profit (loss) carried forward -€22,163
down €22,163 (-297.4%), from -€7,452 to -€29,615
- Debts after one year -€12,711
down €12,711 (-7.3%), from €174,443 to €161,732
- Trade debts -€10,135
down €10,135 (-58.4%), from €17,343 to €7,208
- Current portion of long-term debt -€4,147
down €4,147 (-26.6%), from €15,566 to €11,419
- Gross operating margin -€19,236
down €19,236 (-44.3%), from €43,453 to €24,217
- Taxes +€5,207
up €5,207 (+1020.5%), from €510 to €5,717
- Other operating charges +€3,819
up €3,819 (+243.6%), from €1,568 to €5,386
- Financial charges -€966
down €966 (-10.0%), from €9,614 to €8,648
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 | €240,081 | €192,478 | -€47,603 | -19.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €168,451 | €146,963 | -€21,488 | -12.8% |
| Tangible fixed assets | 22/27 | €168,451 | €146,963 | -€21,488 | -12.8% |
| Land and buildings | 22 | €143,359 | €131,499 | -€11,860 | -8.3% |
| Plant, machinery and equipment | 23 | €20,570 | €13,259 | -€7,311 | -35.5% |
| Furniture and vehicles | 24 | €2,947 | €1,417 | -€1,530 | -51.9% |
| Other tangible fixed assets | 26 | €1,575 | €788 | -€788 | -50.0% |
| Current assets | 29/58 | €71,630 | €45,515 | -€26,116 | -36.5% |
| Amounts receivable within one year | 40/41 | €38,752 | €25,383 | -€13,370 | -34.5% |
| Trade receivables | 40 | €34,045 | €21,127 | -€12,918 | -37.9% |
| Other amounts receivable | 41 | €4,707 | €4,256 | -€451 | -9.6% |
| Cash at bank and in hand | 54/58 | €28,330 | €15,863 | -€12,467 | -44.0% |
| Deferred charges and accrued income | 490/1 | €4,548 | €4,269 | -€279 | -6.1% |
| Total equity and liabilities | 10/49 | €240,081 | €192,478 | -€47,603 | -19.8% |
| Equity | 10/15 | €20,591 | -€1,572 | -€22,163 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,843 | €21,843 | = | 0.0% |
| Distributable reserves | 133 | €21,843 | €21,843 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,452 | -€29,615 | -€22,163 | -297.4% |
| Amounts payable | 17/49 | €219,490 | €194,050 | -€25,440 | -11.6% |
| Amounts payable after more than one year | 17 | €174,443 | €161,732 | -€12,711 | -7.3% |
| Financial debts | 170/4 | €174,443 | €161,732 | -€12,711 | -7.3% |
| Amounts payable within one year | 42/48 | €45,047 | €32,317 | -€12,729 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €15,566 | €11,419 | -€4,147 | -26.6% |
| Trade debts | 44 | €17,343 | €7,208 | -€10,135 | -58.4% |
| Suppliers | 440/4 | €17,343 | €7,208 | -€10,135 | -58.4% |
| Taxes, remuneration and social security | 45 | €12,109 | €13,662 | +€1,553 | +12.8% |
| Taxes | 450/3 | €9,409 | €10,962 | +€1,553 | +16.5% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €29 | €29 | = | 0.0% |
| Non-recurring operating income | 76A | €5,236 | - | -€5,236 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,336 | €25,240 | -€96 | -0.4% |
| Other operating charges | 640/8 | €1,568 | €5,386 | +€3,819 | +243.6% |
| Non-recurring operating charges | 66A | €1,106 | €1,411 | +€305 | +27.6% |
| Gross operating margin | 9900 | €43,453 | €24,217 | -€19,236 | -44.3% |
| Operating profit (loss) | 9901 | €15,444 | -€7,821 | -€23,265 | |
| Financial income | 75/76B | €38 | €23 | -€15 | -39.0% |
| Recurring financial income | 75 | €38 | €23 | -€15 | -39.0% |
| Financial charges | 65/66B | €9,614 | €8,648 | -€966 | -10.0% |
| Recurring financial charges | 65 | €9,614 | €8,648 | -€966 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €5,868 | -€16,446 | -€22,314 | |
| Income taxes | 67/77 | €510 | €5,717 | +€5,207 | +1020.5% |
| Profit (loss) for the period | 9904 | €5,358 | -€22,163 | -€27,521 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,358 | -€22,163 | -€27,521 |
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 9 October 2026 via checked.be.