Tamahris: 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.
Tamahris
Largest movements
- Receivables within one year -€423,376
down €423,376 (-27.4%), from €1.5m to €1.1m
of which Trade receivables: -€448,973
- Stocks and contracts +€243,572
new in 2025: €243,572
- Deferred charges and accrued income +€59,265
up €59,265 (+94.0%), from €63,024 to €122,289
- Cash +€41,635
up €41,635 (+16.9%), from €245,710 to €287,345
- Advances received +€622,458
new in 2025: €622,458
- Accrued charges and deferred income -€373,875
down €373,875 (-76.6%), from €488,038 to €114,163
- Other debts -€117,781
down €117,781 (-100%), from €117,781 to €0
- Profit (loss) carried forward -€79,950
down €79,950 (-31.6%), from €253,023 to €173,073
- Trade debts -€69,694
down €69,694 (-20.2%), from €345,075 to €275,382
- Staff costs +€963,637
up €963,637 (+60.2%), from €1.6m to €2.6m
- Gross operating margin +€587,030
up €587,030 (+31.0%), from €1.9m to €2.5m
- Taxes -€81,103
down €81,103 (-97.7%), from €83,022 to €1,918
- Financial income +€51,004
up €51,004 (+449%), from €11,354 to €62,358
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,907,977 | €1,838,114 | -€69,863 | -3.7% |
| Fixed assets | 21/28 | €56,713 | €65,754 | +€9,040 | +15.9% |
| Tangible fixed assets | 22/27 | €6,371 | €1,839 | -€4,532 | -71.1% |
| Furniture and vehicles | 24 | €6,371 | €1,839 | -€4,532 | -71.1% |
| Financial fixed assets | 28 | €50,342 | €63,914 | +€13,572 | +27.0% |
| Current assets | 29/58 | €1,851,264 | €1,772,360 | -€78,903 | -4.3% |
| Stocks and contracts in progress | 3 | - | €243,572 | +€243,572 | |
| Contracts in progress | 37 | - | €243,572 | +€243,572 | |
| Amounts receivable within one year | 40/41 | €1,542,530 | €1,119,154 | -€423,376 | -27.4% |
| Trade receivables | 40 | €1,480,812 | €1,031,839 | -€448,973 | -30.3% |
| Other amounts receivable | 41 | €61,718 | €87,315 | +€25,597 | +41.5% |
| Cash at bank and in hand | 54/58 | €245,710 | €287,345 | +€41,635 | +16.9% |
| Deferred charges and accrued income | 490/1 | €63,024 | €122,289 | +€59,265 | +94.0% |
| Total equity and liabilities | 10/49 | €1,907,977 | €1,838,114 | -€69,863 | -3.7% |
| Equity | 10/15 | €273,483 | €193,533 | -€79,950 | -29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €253,023 | €173,073 | -€79,950 | -31.6% |
| Amounts payable | 17/49 | €1,634,494 | €1,644,581 | +€10,087 | +0.6% |
| Amounts payable within one year | 42/48 | €1,146,455 | €1,530,418 | +€383,962 | +33.5% |
| Financial debts | 43 | €133,649 | €91,519 | -€42,130 | -31.5% |
| Credit institutions | 430/8 | €133,649 | €91,519 | -€42,130 | -31.5% |
| Trade debts | 44 | €345,075 | €275,382 | -€69,694 | -20.2% |
| Suppliers | 440/4 | €345,075 | €275,382 | -€69,694 | -20.2% |
| Advances received on contracts in progress | 46 | - | €622,458 | +€622,458 | |
| Taxes, remuneration and social security | 45 | €549,951 | €541,059 | -€8,892 | -1.6% |
| Taxes | 450/3 | €132,238 | €75,793 | -€56,445 | -42.7% |
| Remuneration and social security | 454/9 | €417,712 | €465,265 | +€47,553 | +11.4% |
| Other amounts payable | 47/48 | €117,781 | €0 | -€117,781 | -100% |
| Accrued charges and deferred income | 492/3 | €488,038 | €114,163 | -€373,875 | -76.6% |
| Remuneration, social security and pensions | 62 | €1,601,598 | €2,565,235 | +€963,637 | +60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,716 | €5,657 | -€59 | -1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,629 | +€18,629 | |
| Other operating charges | 640/8 | €14,473 | €261 | -€14,212 | -98.2% |
| Gross operating margin | 9900 | €1,895,968 | €2,482,998 | +€587,030 | +31.0% |
| Operating profit (loss) | 9901 | €274,182 | -€106,784 | -€380,966 | |
| Financial income | 75/76B | €11,354 | €62,358 | +€51,004 | +449% |
| Recurring financial income | 75 | €11,354 | €62,358 | +€51,004 | +449% |
| Financial charges | 65/66B | €33,005 | €33,606 | +€601 | +1.8% |
| Recurring financial charges | 65 | €33,005 | €33,606 | +€601 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €252,531 | -€78,032 | -€330,563 | |
| Income taxes | 67/77 | €83,022 | €1,918 | -€81,103 | -97.7% |
| Profit (loss) for the period | 9904 | €169,510 | -€79,950 | -€249,460 | |
| Profit (loss) for the period to be appropriated | 9905 | €169,510 | -€79,950 | -€249,460 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.