TAMISHAN: 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.
TAMISHAN
Largest movements
- Financial fixed assets +€750
new in 2025: €750
- Receivables within one year +€733
up €733 (+13.5%), from €5,439 to €6,171
of which Other amounts receivable: +€4,957
- Cash -€207
down €207 (-16.1%), from €1,288 to €1,081
mainly Other debts (-€14,979) and Trade debts (-€4,689)
- Tangible fixed assets +€181
up €181 (+3.3%), from €5,550 to €5,731
of which Furniture and vehicles: +€1,201
- Profit (loss) carried forward +€19,739
up €19,739, from -€16,342 to €3,397
- Other debts -€14,979
down €14,979 (-79.3%), from €18,890 to €3,910
- Trade debts -€4,689
down €4,689 (-57.1%), from €8,215 to €3,526
- Tax, wage and social debts +€1,426
up €1,426, from €0 to €1,426
of which Remuneration and social security: +€1,426
- Gross operating margin +€14,715
up €14,715 (+117%), from €12,617 to €27,332
- Other operating charges -€5,940
down €5,940 (-74.5%), from €7,972 to €2,032
- Staff costs +€2,046
up €2,046 (+111%), from €1,835 to €3,882
- Depreciation +€818
up €818 (+101%), from €809 to €1,627
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 | €13,263 | €14,759 | +€1,497 | +11.3% |
| Fixed assets | 21/28 | €5,550 | €6,481 | +€931 | +16.8% |
| Tangible fixed assets | 22/27 | €5,550 | €5,731 | +€181 | +3.3% |
| Plant, machinery and equipment | 23 | €4,787 | €3,767 | -€1,020 | -21.3% |
| Furniture and vehicles | 24 | €763 | €1,965 | +€1,201 | +157% |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €7,713 | €8,278 | +€566 | +7.3% |
| Stocks and contracts in progress | 3 | €986 | €1,025 | +€40 | +4.0% |
| Stocks | 30/36 | €986 | €1,025 | +€40 | +4.0% |
| Amounts receivable within one year | 40/41 | €5,439 | €6,171 | +€733 | +13.5% |
| Trade receivables | 40 | €4,224 | - | -€4,224 | |
| Other amounts receivable | 41 | €1,215 | €6,171 | +€4,957 | +408% |
| Cash at bank and in hand | 54/58 | €1,288 | €1,081 | -€207 | -16.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €13,263 | €14,759 | +€1,497 | +11.3% |
| Equity | 10/15 | -€13,842 | €5,897 | +€19,739 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,342 | €3,397 | +€19,739 | |
| Amounts payable | 17/49 | €27,105 | €8,862 | -€18,242 | -67.3% |
| Amounts payable within one year | 42/48 | €27,105 | €8,862 | -€18,242 | -67.3% |
| Trade debts | 44 | €8,215 | €3,526 | -€4,689 | -57.1% |
| Suppliers | 440/4 | €8,215 | €3,526 | -€4,689 | -57.1% |
| Taxes, remuneration and social security | 45 | €0 | €1,426 | +€1,426 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | €1,426 | +€1,426 | |
| Other amounts payable | 47/48 | €18,890 | €3,910 | -€14,979 | -79.3% |
| Remuneration, social security and pensions | 62 | €1,835 | €3,882 | +€2,046 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €809 | €1,627 | +€818 | +101% |
| Other operating charges | 640/8 | €7,972 | €2,032 | -€5,940 | -74.5% |
| Gross operating margin | 9900 | €12,617 | €27,332 | +€14,715 | +117% |
| Operating profit (loss) | 9901 | €2,000 | €19,791 | +€17,791 | +889% |
| Financial income | 75/76B | €212 | €1 | -€212 | -99.7% |
| Recurring financial income | 75 | €212 | €1 | -€212 | -99.7% |
| Financial charges | 65/66B | €253 | €53 | -€200 | -79.1% |
| Recurring financial charges | 65 | €253 | €53 | -€200 | -79.1% |
| Profit (loss) for the period before taxes | 9903 | €1,960 | €19,739 | +€17,779 | +907% |
| Income taxes | 67/77 | -€146 | - | +€146 | |
| Profit (loss) for the period | 9904 | €2,105 | €19,739 | +€17,634 | +838% |
| Profit (loss) for the period to be appropriated | 9905 | €2,105 | €19,739 | +€17,634 | +838% |
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 17 October 2026 via checked.be.