TAMIRA: 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.
TAMIRA
Largest movements
- Tangible fixed assets +€288,617
up €288,617 (+52.9%), from €545,305 to €833,922
of which Land and buildings: +€261,323
- Cash -€173,706
down €173,706 (-40.4%), from €429,496 to €255,790
mainly Contributions, distributions and other (-€456,879) and Investment in fixed assets (net) (-€413,924)
- Receivables within one year -€31,110
down €31,110 (-36.3%), from €85,748 to €54,638
of which Trade receivables: -€31,110
- Other debts +€166,376
up €166,376 (+37.8%), from €440,537 to €606,913
- Debts after one year -€58,272
down €58,272 (-22.2%), from €262,900 to €204,628
- Tax, wage and social debts -€14,872
down €14,872 (-28.3%), from €52,599 to €37,726
of which Taxes: -€24,681
- Gross operating margin +€107,279
up €107,279 (+14.2%), from €757,455 to €864,734
- Depreciation +€49,380
up €49,380 (+65.0%), from €75,926 to €125,307
- Staff costs +€22,373
up €22,373 (+20.9%), from €106,952 to €129,325
- Financial charges -€12,850
down €12,850 (-71.8%), from €17,886 to €5,036
- Taxes +€12,621
up €12,621 (+9.2%), from €136,590 to €149,211
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 | €1,063,110 | €1,152,155 | +€89,045 | +8.4% |
| Fixed assets | 21/28 | €545,305 | €833,922 | +€288,617 | +52.9% |
| Tangible fixed assets | 22/27 | €545,305 | €833,922 | +€288,617 | +52.9% |
| Land and buildings | 22 | €506,900 | €768,223 | +€261,323 | +51.6% |
| Plant, machinery and equipment | 23 | €38,405 | €23,096 | -€15,309 | -39.9% |
| Furniture and vehicles | 24 | - | €42,603 | +€42,603 | |
| Current assets | 29/58 | €517,805 | €318,233 | -€199,571 | -38.5% |
| Amounts receivable within one year | 40/41 | €85,748 | €54,638 | -€31,110 | -36.3% |
| Trade receivables | 40 | €85,748 | €54,638 | -€31,110 | -36.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €429,496 | €255,790 | -€173,706 | -40.4% |
| Deferred charges and accrued income | 490/1 | €2,560 | €7,805 | +€5,245 | +205% |
| Total equity and liabilities | 10/49 | €1,063,110 | €1,152,155 | +€89,045 | +8.4% |
| Equity | 10/15 | €150,929 | €149,069 | -€1,860 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,329 | €130,469 | -€1,860 | -1.4% |
| Distributable reserves | 133 | €132,329 | €130,469 | -€1,860 | -1.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €912,181 | €1,003,086 | +€90,905 | +10.0% |
| Amounts payable after more than one year | 17 | €262,900 | €204,628 | -€58,272 | -22.2% |
| Financial debts | 170/4 | €262,900 | €204,628 | -€58,272 | -22.2% |
| Amounts payable within one year | 42/48 | €641,005 | €798,458 | +€157,453 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €57,617 | €58,272 | +€655 | +1.1% |
| Trade debts | 44 | €85,341 | €87,923 | +€2,582 | +3.0% |
| Suppliers | 440/4 | €85,341 | €87,923 | +€2,582 | +3.0% |
| Advances received on contracts in progress | 46 | €4,911 | €7,624 | +€2,713 | +55.2% |
| Taxes, remuneration and social security | 45 | €52,599 | €37,726 | -€14,872 | -28.3% |
| Taxes | 450/3 | €34,786 | €10,105 | -€24,681 | -71.0% |
| Remuneration and social security | 454/9 | €17,812 | €27,621 | +€9,809 | +55.1% |
| Other amounts payable | 47/48 | €440,537 | €606,913 | +€166,376 | +37.8% |
| Accrued charges and deferred income | 492/3 | €8,276 | €0 | -€8,276 | -100% |
| Remuneration, social security and pensions | 62 | €106,952 | €129,325 | +€22,373 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,926 | €125,307 | +€49,380 | +65.0% |
| Other operating charges | 640/8 | €2,663 | €4,093 | +€1,430 | +53.7% |
| Non-recurring operating charges | 66A | €149 | €0 | -€149 | -100% |
| Gross operating margin | 9900 | €757,455 | €864,734 | +€107,279 | +14.2% |
| Operating profit (loss) | 9901 | €571,765 | €606,010 | +€34,245 | +6.0% |
| Financial income | 75/76B | €0 | €3,256 | +€3,256 | |
| Recurring financial income | 75 | €0 | €3,256 | +€3,256 | |
| Financial charges | 65/66B | €17,886 | €5,036 | -€12,850 | -71.8% |
| Recurring financial charges | 65 | €17,886 | €5,036 | -€12,850 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €553,879 | €604,230 | +€50,351 | +9.1% |
| Income taxes | 67/77 | €136,590 | €149,211 | +€12,621 | +9.2% |
| Profit (loss) for the period | 9904 | €417,289 | €455,019 | +€37,731 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €417,289 | €455,019 | +€37,731 | +9.0% |
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 26 October 2026 via checked.be.