TAMARIS: 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.
TAMARIS
Largest movements
- Receivables within one year -€21,341
down €21,341 (-24.0%), from €88,863 to €67,522
of which Trade receivables: -€15,503
- Cash +€20,867
up €20,867 (+52.8%), from €39,511 to €60,378
mainly Receivables within one year (+€21,341) and Depreciation (+€5,200)
- Tangible fixed assets -€5,200
down €5,200 (-35.6%), from €14,600 to €9,400
of which Leasing and similar rights: -€4,967
- Stocks and contracts -€2,400
down €2,400 (-19.0%), from €12,660 to €10,260
- Profit (loss) carried forward -€7,707
down €7,707 (-9.8%), from €78,762 to €71,055
- Purchases and services +€1,461
up €1,461 (+2.1%), from €70,988 to €72,449
- Financial income -€1,225
down €1,225 (-71.1%), from €1,724 to €499
- Depreciation +€1,221
up €1,221 (+30.7%), from €3,979 to €5,200
- Gross operating margin -€992
down €992 (-126%), from -€786 to -€1,778
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 | €159,271 | €151,197 | -€8,074 | -5.1% |
| Fixed assets | 21/28 | €14,600 | €9,400 | -€5,200 | -35.6% |
| Tangible fixed assets | 22/27 | €14,600 | €9,400 | -€5,200 | -35.6% |
| Furniture and vehicles | 24 | €466 | €233 | -€233 | -50.0% |
| Leasing and similar rights | 25 | €14,134 | €9,167 | -€4,967 | -35.1% |
| Current assets | 29/58 | €144,671 | €141,797 | -€2,874 | -2.0% |
| Stocks and contracts in progress | 3 | €12,660 | €10,260 | -€2,400 | -19.0% |
| Stocks | 30/36 | €12,660 | €10,260 | -€2,400 | -19.0% |
| Amounts receivable within one year | 40/41 | €88,863 | €67,522 | -€21,341 | -24.0% |
| Trade receivables | 40 | €81,863 | €66,360 | -€15,503 | -18.9% |
| Other amounts receivable | 41 | €7,000 | €1,162 | -€5,838 | -83.4% |
| Cash at bank and in hand | 54/58 | €39,511 | €60,378 | +€20,867 | +52.8% |
| Deferred charges and accrued income | 490/1 | €3,637 | €3,637 | = | 0.0% |
| Total equity and liabilities | 10/49 | €159,271 | €151,197 | -€8,074 | -5.1% |
| Equity | 10/15 | €106,576 | €98,869 | -€7,707 | -7.2% |
| Contributions | 10/11 | €25,285 | €25,285 | = | 0.0% |
| Capital | 10 | €25,285 | €25,285 | = | 0.0% |
| Issued capital | 100 | €25,285 | €25,285 | = | 0.0% |
| Reserves | 13 | €2,529 | €2,529 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,529 | €2,529 | = | 0.0% |
| Legal reserve | 130 | €2,529 | €2,529 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,762 | €71,055 | -€7,707 | -9.8% |
| Amounts payable | 17/49 | €52,695 | €52,328 | -€367 | -0.7% |
| Amounts payable within one year | 42/48 | €33,559 | €33,970 | +€411 | +1.2% |
| Financial debts | 43 | €118 | €118 | = | 0.0% |
| Credit institutions | 430/8 | €118 | €118 | = | 0.0% |
| Trade debts | 44 | €13,311 | €11,910 | -€1,401 | -10.5% |
| Suppliers | 440/4 | €13,311 | €11,910 | -€1,401 | -10.5% |
| Taxes, remuneration and social security | 45 | €3,338 | €4,442 | +€1,104 | +33.1% |
| Taxes | 450/3 | €3,338 | €4,442 | +€1,104 | +33.1% |
| Other amounts payable | 47/48 | €16,792 | €17,500 | +€708 | +4.2% |
| Accrued charges and deferred income | 492/3 | €19,136 | €18,358 | -€778 | -4.1% |
| Turnover | 70 | €70,202 | €70,339 | +€137 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €70,988 | €72,449 | +€1,461 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,979 | €5,200 | +€1,221 | +30.7% |
| Other operating charges | 640/8 | €445 | €901 | +€456 | +102% |
| Gross operating margin | 9900 | -€786 | -€1,778 | -€992 | -126% |
| Operating profit (loss) | 9901 | -€5,210 | -€7,879 | -€2,669 | -51.2% |
| Financial income | 75/76B | €1,724 | €499 | -€1,225 | -71.1% |
| Recurring financial income | 75 | €1,724 | €499 | -€1,225 | -71.1% |
| Financial charges | 65/66B | €247 | €327 | +€80 | +32.4% |
| Recurring financial charges | 65 | €247 | €327 | +€80 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,733 | -€7,707 | -€3,974 | -106% |
| Income taxes | 67/77 | €64 | - | -€64 | |
| Profit (loss) for the period | 9904 | -€3,797 | -€7,707 | -€3,910 | -103% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,797 | -€7,707 | -€3,910 | -103% |
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 17 October 2026 via checked.be.