TAMIPHAR: what changed
Two fiscal 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.
TAMIPHAR
Largest movements
- Tangible fixed assets -€55,610
down €55,610 (-7.1%), from €788,631 to €733,021
of which Plant, machinery and equipment: -€66,905
- Stocks and contracts -€43,786
down €43,786 (-12.9%), from €338,395 to €294,609
- Cash +€33,439
up €33,439 (+283.9%), from €11,777 to €45,216
mainly Depreciation (+€89,116) and Stocks and contracts (+€43,786)
- Profit (loss) carried forward -€69,773
down €69,773, from €38,776 to -€30,997
- Trade debts +€36,242
up €36,242 (+3.2%), from €1.1m to €1.2m
- Gross operating margin +€62,539
up €62,539 (+9.3%), from €669,928 to €732,467
- Staff costs +€54,135
up €54,135 (+9.2%), from €588,614 to €642,749
- Financial charges +€10,324
up €10,324 (+27.0%), from €38,293 to €48,617
- Taxes +€9,987
up €9,987 (+1584.0%), from €631 to €10,618
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,557,780 | €2,465,870 | -€91,910 | -3.6% |
| Fixed assets | 21/28 | €1,851,798 | €1,796,688 | -€55,110 | -3.0% |
| Tangible fixed assets | 22/27 | €788,631 | €733,021 | -€55,610 | -7.1% |
| Land and buildings | 22 | €182,306 | €175,224 | -€7,082 | -3.9% |
| Plant, machinery and equipment | 23 | €555,089 | €488,184 | -€66,905 | -12.1% |
| Furniture and vehicles | 24 | €51,237 | €69,614 | +€18,377 | +35.9% |
| Financial fixed assets | 28 | €1,063,166 | €1,063,666 | +€500 | 0.0% |
| Current assets | 29/58 | €705,982 | €669,182 | -€36,800 | -5.2% |
| Stocks and contracts in progress | 3 | €338,395 | €294,609 | -€43,786 | -12.9% |
| Stocks | 30/36 | €338,395 | €294,609 | -€43,786 | -12.9% |
| Amounts receivable within one year | 40/41 | €292,397 | €270,350 | -€22,047 | -7.5% |
| Trade receivables | 40 | €262,683 | €263,595 | +€912 | +0.3% |
| Other amounts receivable | 41 | €29,714 | €6,755 | -€22,959 | -77.3% |
| Cash at bank and in hand | 54/58 | €11,777 | €45,216 | +€33,439 | +283.9% |
| Deferred charges and accrued income | 490/1 | €63,412 | €59,006 | -€4,406 | -6.9% |
| Total equity and liabilities | 10/49 | €2,557,780 | €2,465,870 | -€91,910 | -3.6% |
| Equity | 10/15 | €106,426 | €36,653 | -€69,773 | -65.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,776 | -€30,997 | -€69,773 | |
| Amounts payable | 17/49 | €2,451,353 | €2,429,216 | -€22,137 | -0.9% |
| Amounts payable after more than one year | 17 | €49,255 | €41,576 | -€7,679 | -15.6% |
| Financial debts | 170/4 | €49,255 | €41,576 | -€7,679 | -15.6% |
| Amounts payable within one year | 42/48 | €2,397,764 | €2,383,529 | -€14,236 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €409,742 | €401,952 | -€7,790 | -1.9% |
| Trade debts | 44 | €1,118,254 | €1,154,496 | +€36,242 | +3.2% |
| Suppliers | 440/4 | €1,118,254 | €1,154,496 | +€36,242 | +3.2% |
| Taxes, remuneration and social security | 45 | €164,305 | €146,050 | -€18,255 | -11.1% |
| Taxes | 450/3 | €34,095 | €23,072 | -€11,023 | -32.3% |
| Remuneration and social security | 454/9 | €130,210 | €122,977 | -€7,232 | -5.6% |
| Other amounts payable | 47/48 | €705,464 | €681,031 | -€24,433 | -3.5% |
| Accrued charges and deferred income | 492/3 | €4,334 | €4,112 | -€223 | -5.1% |
| Remuneration, social security and pensions | 62 | €588,614 | €642,749 | +€54,135 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,606 | €89,116 | +€510 | +0.6% |
| Other operating charges | 640/8 | €9,195 | €9,873 | +€678 | +7.4% |
| Non-recurring operating charges | 66A | €200 | €1,268 | +€1,068 | +533.9% |
| Gross operating margin | 9900 | €669,928 | €732,467 | +€62,539 | +9.3% |
| Operating profit (loss) | 9901 | -€16,686 | -€10,538 | +€6,148 | +36.8% |
| Financial charges | 65/66B | €38,293 | €48,617 | +€10,324 | +27.0% |
| Recurring financial charges | 65 | €38,293 | €48,617 | +€10,324 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | -€54,979 | -€59,155 | -€4,176 | -7.6% |
| Income taxes | 67/77 | €631 | €10,618 | +€9,987 | +1584.0% |
| Profit (loss) for the period | 9904 | -€55,609 | -€69,773 | -€14,164 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,609 | -€69,773 | -€14,164 | -25.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.