TAMIS: 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.
TAMIS
Largest movements
- Cash +€80,606
up €80,606 (+28.6%), from €281,854 to €362,459
mainly Net result for the year (+€85,250) and Other debts (+€22,438)
- Reserves +€90,145
up €90,145 (+6.4%), from €1.4m to €1.5m
of which Distributable reserves: +€90,145
- Other debts +€22,438
up €22,438 (+20.1%), from €111,496 to €133,934
- Gross operating margin +€7,610
up €7,610 (+10.0%), from €76,134 to €83,745
- Financial income -€6,651
down €6,651 (-12.7%), from €52,173 to €45,522
- Taxes +€1,132
up €1,132 (+4.2%), from €27,141 to €28,273
- Other operating charges +€961
up €961 (+20.0%), from €4,803 to €5,764
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.
Cash bridge derived
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 | €1,600,214 | €1,703,494 | +€103,280 | +6.5% |
| Fixed assets | 21/28 | €34,406 | €35,498 | +€1,091 | +3.2% |
| Tangible fixed assets | 22/27 | - | €1,091 | +€1,091 | |
| Plant, machinery and equipment | 23 | - | €1,091 | +€1,091 | |
| Financial fixed assets | 28 | €34,406 | €34,406 | = | 0.0% |
| Current assets | 29/58 | €1,565,808 | €1,667,996 | +€102,188 | +6.5% |
| Amounts receivable within one year | 40/41 | €9,071 | €18,934 | +€9,863 | +108.7% |
| Trade receivables | 40 | €4,194 | €16,500 | +€12,306 | +293.4% |
| Other amounts receivable | 41 | €4,877 | €2,434 | -€2,443 | -50.1% |
| Current investments | 50/53 | €1,273,327 | €1,284,981 | +€11,654 | +0.9% |
| Cash at bank and in hand | 54/58 | €281,854 | €362,459 | +€80,606 | +28.6% |
| Deferred charges and accrued income | 490/1 | €1,557 | €1,622 | +€65 | +4.2% |
| Total equity and liabilities | 10/49 | €1,600,214 | €1,703,494 | +€103,280 | +6.5% |
| Equity | 10/15 | €1,474,209 | €1,559,459 | +€85,250 | +5.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,407,314 | €1,497,459 | +€90,145 | +6.4% |
| Non-distributable reserves | 130/1 | €86,561 | €86,561 | = | 0.0% |
| Legal reserve | 130 | €86,561 | €86,561 | = | 0.0% |
| Distributable reserves | 133 | €1,320,753 | €1,410,897 | +€90,145 | +6.8% |
| Profit (loss) carried forward | 14 | €4,895 | - | -€4,895 | |
| Amounts payable | 17/49 | €126,005 | €144,035 | +€18,030 | +14.3% |
| Amounts payable within one year | 42/48 | €112,411 | €135,347 | +€22,936 | +20.4% |
| Trade debts | 44 | €915 | €1,412 | +€498 | +54.4% |
| Suppliers | 440/4 | €915 | €1,412 | +€498 | +54.4% |
| Other amounts payable | 47/48 | €111,496 | €133,934 | +€22,438 | +20.1% |
| Accrued charges and deferred income | 492/3 | €13,594 | €8,688 | -€4,906 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81 | €248 | +€167 | +206.1% |
| Other operating charges | 640/8 | €4,803 | €5,764 | +€961 | +20.0% |
| Gross operating margin | 9900 | €76,134 | €83,745 | +€7,610 | +10.0% |
| Operating profit (loss) | 9901 | €71,250 | €77,733 | +€6,483 | +9.1% |
| Financial income | 75/76B | €52,173 | €45,522 | -€6,651 | -12.7% |
| Recurring financial income | 75 | €52,173 | €45,522 | -€6,651 | -12.7% |
| Financial charges | 65/66B | €9,415 | €9,732 | +€316 | +3.4% |
| Recurring financial charges | 65 | €9,415 | €9,732 | +€316 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €114,008 | €113,523 | -€485 | -0.4% |
| Income taxes | 67/77 | €27,141 | €28,273 | +€1,132 | +4.2% |
| Profit (loss) for the period | 9904 | €86,867 | €85,250 | -€1,617 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,867 | €85,250 | -€1,617 | -1.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.