Tamrakar: 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.
Tamrakar
Largest movements
- Cash -€138,492
down €138,492 (-57.7%), from €240,112 to €101,620
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€96,283)
- Receivables within one year +€96,283
up €96,283 (+32,528%), from €296 to €96,579
of which Other amounts receivable: +€96,324
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Stocks and contracts +€3,973
up €3,973 (+138%), from €2,872 to €6,845
- Trade debts -€51,436
down €51,436 (-98.4%), from €52,266 to €830
- Other debts -€43,084
down €43,084 (-30.1%), from €143,084 to €100,000
- Tax, wage and social debts +€22,190
up €22,190 (+60.9%), from €36,426 to €58,616
of which Remuneration and social security: +€16,922
- Profit (loss) carried forward -€15,556
no longer reported in 2025 (was €15,556)
- Gross operating margin -€77,056
down €77,056 (-18.7%), from €413,073 to €336,017
- Taxes -€32,238
down €32,238 (-55.6%), from €57,998 to €25,760
- Staff costs +€25,684
up €25,684 (+14.3%), from €179,767 to €205,451
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 | €330,386 | €242,139 | -€88,247 | -26.7% |
| Fixed assets | 21/28 | €37,106 | €37,095 | -€11 | 0.0% |
| Tangible fixed assets | 22/27 | €32,456 | €32,445 | -€11 | 0.0% |
| Plant, machinery and equipment | 23 | €19,904 | €20,717 | +€813 | +4.1% |
| Furniture and vehicles | 24 | €12,552 | €11,728 | -€824 | -6.6% |
| Financial fixed assets | 28 | €4,650 | €4,650 | = | 0.0% |
| Current assets | 29/58 | €293,280 | €205,044 | -€88,236 | -30.1% |
| Stocks and contracts in progress | 3 | €2,872 | €6,845 | +€3,973 | +138% |
| Stocks | 30/36 | €2,872 | €6,845 | +€3,973 | +138% |
| Amounts receivable within one year | 40/41 | €296 | €96,579 | +€96,283 | +32,528% |
| Trade receivables | 40 | €41 | - | -€41 | |
| Other amounts receivable | 41 | €255 | €96,579 | +€96,324 | +37,774% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €240,112 | €101,620 | -€138,492 | -57.7% |
| Total equity and liabilities | 10/49 | €330,386 | €242,139 | -€88,247 | -26.7% |
| Equity | 10/15 | €91,025 | €75,148 | -€15,877 | -17.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €74,469 | €74,148 | -€321 | -0.4% |
| Distributable reserves | 133 | €74,469 | €74,148 | -€321 | -0.4% |
| Profit (loss) carried forward | 14 | €15,556 | - | -€15,556 | |
| Amounts payable | 17/49 | €239,361 | €166,991 | -€72,370 | -30.2% |
| Amounts payable after more than one year | 17 | €7,585 | €6,145 | -€1,440 | -19.0% |
| Financial debts | 170/4 | €7,585 | €6,145 | -€1,440 | -19.0% |
| Amounts payable within one year | 42/48 | €231,776 | €159,446 | -€72,330 | -31.2% |
| Trade debts | 44 | €52,266 | €830 | -€51,436 | -98.4% |
| Suppliers | 440/4 | €52,266 | €830 | -€51,436 | -98.4% |
| Taxes, remuneration and social security | 45 | €36,426 | €58,616 | +€22,190 | +60.9% |
| Taxes | 450/3 | €17,862 | €23,130 | +€5,268 | +29.5% |
| Remuneration and social security | 454/9 | €18,564 | €35,486 | +€16,922 | +91.2% |
| Other amounts payable | 47/48 | €143,084 | €100,000 | -€43,084 | -30.1% |
| Accrued charges and deferred income | 492/3 | - | €1,400 | +€1,400 | |
| Remuneration, social security and pensions | 62 | €179,767 | €205,451 | +€25,684 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,267 | €17,520 | +€3,253 | +22.8% |
| Other operating charges | 640/8 | €1,575 | €1,830 | +€255 | +16.2% |
| Gross operating margin | 9900 | €413,073 | €336,017 | -€77,056 | -18.7% |
| Operating profit (loss) | 9901 | €217,464 | €111,216 | -€106,248 | -48.9% |
| Financial income | 75/76B | - | €3,426 | +€3,426 | |
| Recurring financial income | 75 | - | €3,426 | +€3,426 | |
| Financial charges | 65/66B | €3,910 | €4,759 | +€849 | +21.7% |
| Recurring financial charges | 65 | €3,910 | €4,759 | +€849 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €213,554 | €109,883 | -€103,671 | -48.5% |
| Income taxes | 67/77 | €57,998 | €25,760 | -€32,238 | -55.6% |
| Profit (loss) for the period | 9904 | €155,556 | €84,123 | -€71,433 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €155,556 | €84,123 | -€71,433 | -45.9% |
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.