TAME LIGHT: 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.
TAME LIGHT
Largest movements
- Tangible fixed assets +€348,251
up €348,251 (+583%), from €59,734 to €407,985
of which Land and buildings: +€366,570
- Cash -€50,645
down €50,645 (-24.4%), from €207,361 to €156,716
mainly Investment in fixed assets (net) (-€400,255) and Tax, wage and social debts (-€12,807)
- Receivables within one year -€24,831
down €24,831 (-48.7%), from €50,959 to €26,128
of which Trade receivables: -€35,080
- Debts after one year +€285,092
new in 2025: €285,092
- Tax, wage and social debts -€12,807
down €12,807 (-62.6%), from €20,463 to €7,656
- Current portion of long-term debt +€10,621
new in 2025: €10,621
- Profit (loss) carried forward -€7,289
new in 2025: -€7,289
- Financial charges +€55,423
up €55,423 (+44,063%), from €126 to €55,549
- Depreciation +€32,540
up €32,540 (+167%), from €19,465 to €52,005
- Taxes -€26,858
down €26,858 (-99.5%), from €26,990 to €132
- Gross operating margin -€13,783
down €13,783 (-11.6%), from €118,495 to €104,712
- Other operating charges +€2,993
up €2,993 (+226%), from €1,323 to €4,316
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 | €318,303 | €593,623 | +€275,319 | +86.5% |
| Fixed assets | 21/28 | €59,734 | €407,985 | +€348,251 | +583% |
| Tangible fixed assets | 22/27 | €59,734 | €407,985 | +€348,251 | +583% |
| Land and buildings | 22 | - | €366,570 | +€366,570 | |
| Plant, machinery and equipment | 23 | €7,943 | €10,219 | +€2,277 | +28.7% |
| Furniture and vehicles | 24 | €51,791 | €31,195 | -€20,596 | -39.8% |
| Current assets | 29/58 | €258,569 | €185,638 | -€72,931 | -28.2% |
| Amounts receivable within one year | 40/41 | €50,959 | €26,128 | -€24,831 | -48.7% |
| Trade receivables | 40 | €36,321 | €1,241 | -€35,080 | -96.6% |
| Other amounts receivable | 41 | €14,638 | €24,887 | +€10,249 | +70.0% |
| Cash at bank and in hand | 54/58 | €207,361 | €156,716 | -€50,645 | -24.4% |
| Deferred charges and accrued income | 490/1 | €249 | €2,794 | +€2,545 | +1,020% |
| Total equity and liabilities | 10/49 | €318,303 | €593,623 | +€275,319 | +86.5% |
| Equity | 10/15 | €294,302 | €284,831 | -€9,471 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €275,702 | €273,520 | -€2,182 | -0.8% |
| Distributable reserves | 133 | €275,702 | €273,520 | -€2,182 | -0.8% |
| Profit (loss) carried forward | 14 | - | -€7,289 | -€7,289 | |
| Amounts payable | 17/49 | €24,001 | €308,791 | +€284,790 | +1,187% |
| Amounts payable after more than one year | 17 | - | €285,092 | +€285,092 | |
| Financial debts | 170/4 | - | €285,092 | +€285,092 | |
| Amounts payable within one year | 42/48 | €24,001 | €23,699 | -€302 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | - | €10,621 | +€10,621 | |
| Trade debts | 44 | €1,101 | €5,422 | +€4,321 | +393% |
| Suppliers | 440/4 | €1,101 | €5,422 | +€4,321 | +393% |
| Taxes, remuneration and social security | 45 | €20,463 | €7,656 | -€12,807 | -62.6% |
| Taxes | 450/3 | €20,463 | €7,656 | -€12,807 | -62.6% |
| Other amounts payable | 47/48 | €2,437 | - | -€2,437 | |
| Remuneration, social security and pensions | 62 | €27 | - | -€27 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,465 | €52,005 | +€32,540 | +167% |
| Other operating charges | 640/8 | €1,323 | €4,316 | +€2,993 | +226% |
| Gross operating margin | 9900 | €118,495 | €104,712 | -€13,783 | -11.6% |
| Operating profit (loss) | 9901 | €97,681 | €48,391 | -€49,289 | -50.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €126 | €55,549 | +€55,423 | +44,063% |
| Recurring financial charges | 65 | €126 | €55,549 | +€55,423 | +44,063% |
| Profit (loss) for the period before taxes | 9903 | €97,555 | -€7,157 | -€104,712 | |
| Income taxes | 67/77 | €26,990 | €132 | -€26,858 | -99.5% |
| Profit (loss) for the period | 9904 | €70,565 | -€7,289 | -€77,854 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,565 | -€7,289 | -€77,854 |
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 19 October 2026 via checked.be.