TAMAYO: 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.
TAMAYO
Largest movements
- Cash +€199,519
up €199,519 (+121.5%), from €164,271 to €363,789
- Financial fixed assets +€61,488
up €61,488 (+57.7%), from €106,474 to €167,962
- Receivables within one year +€50,439
up €50,439 (+2515.7%), from €2,005 to €52,444
- Tangible fixed assets -€31,345
down €31,345 (-2.1%), from €1.5m to €1.4m
of which Land and buildings: -€26,976
- Reserves +€467,395
up €467,395 (+48.5%), from €962,863 to €1.4m
- Debts after one year -€96,103
down €96,103 (-17.7%), from €544,319 to €448,216
- Other debts -€71,218
down €71,218 (-99.1%), from €71,868 to €650
- Gross operating margin +€197,792
up €197,792 (+76.9%), from €257,265 to €455,056
- Taxes +€72,855
up €72,855 (+108.8%), from €66,986 to €139,842
- Financial income +€14,132
up €14,132 (+170.6%), from €8,285 to €22,417
- Depreciation -€6,659
down €6,659 (-18.9%), from €35,294 to €28,635
From the 2021 result to the 2023 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
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 | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,739,908 | €2,033,685 | +€293,777 | +16.9% |
| Fixed assets | 21/28 | €1,573,209 | €1,603,352 | +€30,143 | +1.9% |
| Tangible fixed assets | 22/27 | €1,466,735 | €1,435,390 | -€31,345 | -2.1% |
| Land and buildings | 22 | €1,461,080 | €1,434,104 | -€26,976 | -1.8% |
| Plant, machinery and equipment | 23 | €3,232 | €808 | -€2,424 | -75.0% |
| Furniture and vehicles | 24 | €2,423 | €478 | -€1,945 | -80.3% |
| Financial fixed assets | 28 | €106,474 | €167,962 | +€61,488 | +57.7% |
| Current assets | 29/58 | €166,698 | €430,333 | +€263,634 | +158.2% |
| Amounts receivable within one year | 40/41 | €2,005 | €52,444 | +€50,439 | +2515.7% |
| Other amounts receivable | 41 | €2,005 | €52,444 | +€50,439 | +2515.7% |
| Cash at bank and in hand | 54/58 | €164,271 | €363,789 | +€199,519 | +121.5% |
| Deferred charges and accrued income | 490/1 | €423 | €14,100 | +€13,677 | +3234.8% |
| Total equity and liabilities | 10/49 | €1,739,908 | €2,033,685 | +€293,777 | +16.9% |
| Equity | 10/15 | €969,063 | €1,436,457 | +€467,395 | +48.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €962,863 | €1,430,257 | +€467,395 | +48.5% |
| Distributable reserves | 133 | €962,863 | €1,430,257 | +€467,395 | +48.5% |
| Amounts payable | 17/49 | €770,845 | €597,228 | -€173,617 | -22.5% |
| Amounts payable after more than one year | 17 | €544,319 | €448,216 | -€96,103 | -17.7% |
| Financial debts | 170/4 | €544,319 | €448,216 | -€96,103 | -17.7% |
| Amounts payable within one year | 42/48 | €225,770 | €148,791 | -€76,979 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €46,649 | €48,525 | +€1,877 | +4.0% |
| Trade debts | 44 | €1,342 | €2,030 | +€688 | +51.2% |
| Suppliers | 440/4 | €1,342 | €2,030 | +€688 | +51.2% |
| Taxes, remuneration and social security | 45 | €105,912 | €97,586 | -€8,325 | -7.9% |
| Taxes | 450/3 | €105,912 | €97,586 | -€8,325 | -7.9% |
| Other amounts payable | 47/48 | €71,868 | €650 | -€71,218 | -99.1% |
| Accrued charges and deferred income | 492/3 | €756 | €220 | -€536 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,294 | €28,635 | -€6,659 | -18.9% |
| Other operating charges | 640/8 | €3,622 | €6,766 | +€3,144 | +86.8% |
| Gross operating margin | 9900 | €257,265 | €455,056 | +€197,792 | +76.9% |
| Operating profit (loss) | 9901 | €218,349 | €419,656 | +€201,307 | +92.2% |
| Financial income | 75/76B | €8,285 | €22,417 | +€14,132 | +170.6% |
| Recurring financial income | 75 | €8,285 | €22,417 | +€14,132 | +170.6% |
| Financial charges | 65/66B | €13,340 | €10,878 | -€2,461 | -18.5% |
| Recurring financial charges | 65 | €13,340 | €10,878 | -€2,461 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €213,294 | €431,194 | +€217,901 | +102.2% |
| Income taxes | 67/77 | €66,986 | €139,842 | +€72,855 | +108.8% |
| Profit (loss) for the period | 9904 | €146,307 | €291,352 | +€145,045 | +99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €146,307 | €291,352 | +€145,045 | +99.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.