TAMBURELLO: what changed
TAMBURELLO
Largest movements
- Financial fixed assets +€50,000
new in 2025: €50,000
- Deferred charges and accrued income +€49,977
up €49,977 (+10,650%), from €469 to €50,446
- Receivables within one year -€12,890
down €12,890 (-69.9%), from €18,450 to €5,560
of which Trade receivables: -€13,210
- Cash -€12,484
down €12,484 (-28.8%), from €43,361 to €30,877
mainly Contributions, distributions and other (-€134,069) and Investment in fixed assets (net) (-€51,881)
- Tangible fixed assets -€8,021
down €8,021 (-2.7%), from €302,183 to €294,162
of which Land and buildings: -€7,009
- Other debts +€105,158
up €105,158 (+443%), from €23,742 to €128,900
- Reserves -€33,423
down €33,423 (-24.9%), from €134,069 to €100,646
- Debts after one year -€13,043
down €13,043 (-7.1%), from €183,073 to €170,030
- Tax, wage and social debts +€9,281
up €9,281 (+236%), from €3,938 to €13,219
- Trade debts -€4,709
down €4,709 (-79.2%), from €5,947 to €1,239
- Gross operating margin +€23,900
up €23,900 (+21.1%), from €113,095 to €136,995
- Financial income +€9,984
up €9,984 (+63,312%), from €16 to €10,000
- Taxes +€8,437
up €8,437 (+42.9%), from €19,680 to €28,117
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €364,463 | €431,045 | +€66,583 | +18.3% |
| Fixed assets | 21/28 | €302,183 | €344,162 | +€41,979 | +13.9% |
| Tangible fixed assets | 22/27 | €302,183 | €294,162 | -€8,021 | -2.7% |
| Land and buildings | 22 | €280,433 | €273,424 | -€7,009 | -2.5% |
| Plant, machinery and equipment | 23 | €2,225 | €1,624 | -€601 | -27.0% |
| Other tangible fixed assets | 26 | €19,524 | €19,113 | -€411 | -2.1% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €62,280 | €86,883 | +€24,603 | +39.5% |
| Amounts receivable within one year | 40/41 | €18,450 | €5,560 | -€12,890 | -69.9% |
| Trade receivables | 40 | €18,450 | €5,240 | -€13,210 | -71.6% |
| Other amounts receivable | 41 | - | €320 | +€320 | |
| Cash at bank and in hand | 54/58 | €43,361 | €30,877 | -€12,484 | -28.8% |
| Deferred charges and accrued income | 490/1 | €469 | €50,446 | +€49,977 | +10,650% |
| Total equity and liabilities | 10/49 | €364,463 | €431,045 | +€66,583 | +18.3% |
| Equity | 10/15 | €134,169 | €100,746 | -€33,423 | -24.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €134,069 | €100,646 | -€33,423 | -24.9% |
| Distributable reserves | 133 | €134,069 | €100,646 | -€33,423 | -24.9% |
| Amounts payable | 17/49 | €230,294 | €330,299 | +€100,006 | +43.4% |
| Amounts payable after more than one year | 17 | €183,073 | €170,030 | -€13,043 | -7.1% |
| Financial debts | 170/4 | €183,073 | €170,030 | -€13,043 | -7.1% |
| Amounts payable within one year | 42/48 | €46,241 | €156,401 | +€110,160 | +238% |
| Current portion of amounts payable after more than one year | 42 | €12,613 | €13,043 | +€430 | +3.4% |
| Trade debts | 44 | €5,947 | €1,239 | -€4,709 | -79.2% |
| Suppliers | 440/4 | €5,947 | €1,239 | -€4,709 | -79.2% |
| Taxes, remuneration and social security | 45 | €3,938 | €13,219 | +€9,281 | +236% |
| Taxes | 450/3 | €3,938 | €13,219 | +€9,281 | +236% |
| Other amounts payable | 47/48 | €23,742 | €128,900 | +€105,158 | +443% |
| Accrued charges and deferred income | 492/3 | €980 | €3,869 | +€2,889 | +295% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,774 | €9,902 | -€872 | -8.1% |
| Other operating charges | 640/8 | €2,301 | €1,636 | -€666 | -28.9% |
| Gross operating margin | 9900 | €113,095 | €136,995 | +€23,900 | +21.1% |
| Operating profit (loss) | 9901 | €100,020 | €125,458 | +€25,438 | +25.4% |
| Financial income | 75/76B | €16 | €10,000 | +€9,984 | +63,312% |
| Recurring financial income | 75 | €16 | €10,000 | +€9,984 | +63,312% |
| Financial charges | 65/66B | €7,025 | €6,695 | -€331 | -4.7% |
| Recurring financial charges | 65 | €7,025 | €6,695 | -€331 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €93,011 | €128,763 | +€35,753 | +38.4% |
| Income taxes | 67/77 | €19,680 | €28,117 | +€8,437 | +42.9% |
| Profit (loss) for the period | 9904 | €73,331 | €100,646 | +€27,315 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,331 | €100,646 | +€27,315 | +37.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.