TAMBULA: 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.
TAMBULA
Largest movements
- Financial fixed assets +€378,000
up €378,000 (+33.3%), from €1.1m to €1.5m
- Receivables within one year -€319,107
down €319,107 (-47.9%), from €665,870 to €346,764
of which Other amounts receivable: -€350,257
- Tangible fixed assets +€306,299
up €306,299 (+17.9%), from €1.7m to €2.0m
of which Land and buildings: +€355,818
- Cash -€98,193
down €98,193 (-65.8%), from €149,298 to €51,106
mainly Investment in fixed assets (net) (-€879,464) and Provisions (-€13,185)
- Debts after one year +€221,668
up €221,668 (+21.3%), from €1.0m to €1.3m
- Financial income -€187,880
down €187,880 (-96.9%), from €193,898 to €6,018
of which Non-recurring financial income: -€180,000
- Depreciation +€70,727
up €70,727 (+56.8%), from €124,438 to €195,165
- Gross operating margin +€64,268
up €64,268 (+22.1%), from €290,183 to €354,451
- Taxes +€5,787
up €5,787 (+64.2%), from €9,010 to €14,798
- Other operating charges -€4,987
down €4,987 (-22.8%), from €21,848 to €16,861
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 | €3,665,982 | €3,933,995 | +€268,014 | +7.3% |
| Fixed assets | 21/28 | €2,848,112 | €3,532,411 | +€684,299 | +24.0% |
| Tangible fixed assets | 22/27 | €1,714,461 | €2,020,759 | +€306,299 | +17.9% |
| Land and buildings | 22 | €1,157,596 | €1,513,414 | +€355,818 | +30.7% |
| Plant, machinery and equipment | 23 | €17,213 | €46,525 | +€29,312 | +170% |
| Furniture and vehicles | 24 | €96,839 | €75,002 | -€21,837 | -22.5% |
| Leasing and similar rights | 25 | €442,813 | €385,818 | -€56,995 | -12.9% |
| Financial fixed assets | 28 | €1,133,651 | €1,511,651 | +€378,000 | +33.3% |
| Current assets | 29/58 | €817,870 | €401,585 | -€416,285 | -50.9% |
| Amounts receivable within one year | 40/41 | €665,870 | €346,764 | -€319,107 | -47.9% |
| Trade receivables | 40 | - | €31,151 | +€31,151 | |
| Other amounts receivable | 41 | €665,870 | €315,613 | -€350,257 | -52.6% |
| Cash at bank and in hand | 54/58 | €149,298 | €51,106 | -€98,193 | -65.8% |
| Deferred charges and accrued income | 490/1 | €2,702 | €3,716 | +€1,014 | +37.5% |
| Total equity and liabilities | 10/49 | €3,665,982 | €3,933,995 | +€268,014 | +7.3% |
| Equity | 10/15 | €979,015 | €976,904 | -€2,110 | -0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €830,484 | €824,903 | -€5,581 | -0.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €123,624 | €118,043 | -€5,581 | -4.5% |
| Distributable reserves | 133 | €705,000 | €705,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,331 | €31,802 | +€9,471 | +42.4% |
| Investment grants | 15 | €120,000 | €114,000 | -€6,000 | -5.0% |
| Provisions and deferred taxes | 16 | €1,497,255 | €1,484,070 | -€13,185 | -0.9% |
| Provisions for liabilities and charges | 160/5 | €1,439,752 | €1,429,441 | -€10,310 | -0.7% |
| Other liabilities and charges | 164/5 | €1,439,752 | €1,429,441 | -€10,310 | -0.7% |
| Deferred taxes | 168 | €57,503 | €54,628 | -€2,875 | -5.0% |
| Amounts payable | 17/49 | €1,189,712 | €1,473,021 | +€283,309 | +23.8% |
| Amounts payable after more than one year | 17 | €1,041,784 | €1,263,452 | +€221,668 | +21.3% |
| Financial debts | 170/4 | €1,041,784 | €1,263,452 | +€221,668 | +21.3% |
| Amounts payable within one year | 42/48 | €143,193 | €204,673 | +€61,480 | +42.9% |
| Current portion of amounts payable after more than one year | 42 | €100,257 | €137,484 | +€37,226 | +37.1% |
| Trade debts | 44 | - | €9,920 | +€9,920 | |
| Suppliers | 440/4 | - | €9,920 | +€9,920 | |
| Taxes, remuneration and social security | 45 | €15,155 | €13,539 | -€1,615 | -10.7% |
| Taxes | 450/3 | €15,155 | €13,539 | -€1,615 | -10.7% |
| Other amounts payable | 47/48 | €27,781 | €43,730 | +€15,949 | +57.4% |
| Accrued charges and deferred income | 492/3 | €4,735 | €4,896 | +€161 | +3.4% |
| Non-recurring operating income | 76A | €5,600 | €20,980 | +€15,380 | +275% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,438 | €195,165 | +€70,727 | +56.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€9,790 | -€10,310 | -€520 | -5.3% |
| Other operating charges | 640/8 | €21,848 | €16,861 | -€4,987 | -22.8% |
| Gross operating margin | 9900 | €290,183 | €354,451 | +€64,268 | +22.1% |
| Operating profit (loss) | 9901 | €153,688 | €152,735 | -€953 | -0.6% |
| Financial income | 75/76B | €193,898 | €6,018 | -€187,880 | -96.9% |
| Recurring financial income | 75 | €13,898 | €6,018 | -€7,880 | -56.7% |
| Non-recurring financial income | 76B | €180,000 | - | -€180,000 | |
| Financial charges | 65/66B | €144,488 | €142,941 | -€1,547 | -1.1% |
| Recurring financial charges | 65 | €144,488 | €142,941 | -€1,547 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €203,098 | €15,812 | -€187,286 | -92.2% |
| Transfer from deferred taxes | 780 | €2,875 | €2,875 | = | 0.0% |
| Income taxes | 67/77 | €9,010 | €14,798 | +€5,787 | +64.2% |
| Profit (loss) for the period | 9904 | €196,963 | €3,890 | -€193,073 | -98.0% |
| Transfer from tax-exempt reserves | 789 | €5,581 | €5,581 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €202,544 | €9,471 | -€193,073 | -95.3% |
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 13 October 2026 via checked.be.