TAMS GROUP: 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.
TAMS GROUP
Largest movements
- Stocks and contracts +€75,398
up €75,398 (+69.5%), from €108,521 to €183,919
- Receivables within one year +€26,287
up €26,287 (+937%), from €2,807 to €29,093
- Cash +€6,844
up €6,844 (+21.5%), from €31,834 to €38,679
mainly Net result for the year (+€102,968) and Tax, wage and social debts (+€19,032)
- Profit (loss) carried forward +€82,968
up €82,968 (+1,465%), from €5,664 to €88,632
- Reserves +€20,000
up €20,000 (+100%), from €20,000 to €40,000
- Debts after one year -€20,000
down €20,000 (-22.2%), from €90,000 to €70,000
- Tax, wage and social debts +€19,032
up €19,032 (+168%), from €11,327 to €30,359
- Trade debts +€12,739
up €12,739 (+251%), from €5,072 to €17,812
- Gross operating margin +€93,269
up €93,269 (+218%), from €42,689 to €135,957
- Taxes +€18,247
up €18,247 (+191%), from €9,551 to €27,798
- Depreciation -€2,399
no longer reported in 2025 (was €2,399)
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 | €144,026 | €252,477 | +€108,450 | +75.3% |
| Current assets | 29/58 | €144,026 | €252,477 | +€108,450 | +75.3% |
| Stocks and contracts in progress | 3 | €108,521 | €183,919 | +€75,398 | +69.5% |
| Stocks | 30/36 | €108,521 | €183,919 | +€75,398 | +69.5% |
| Amounts receivable within one year | 40/41 | €2,807 | €29,093 | +€26,287 | +937% |
| Trade receivables | 40 | €2,807 | €29,093 | +€26,287 | +937% |
| Cash at bank and in hand | 54/58 | €31,834 | €38,679 | +€6,844 | +21.5% |
| Deferred charges and accrued income | 490/1 | €865 | €786 | -€79 | -9.1% |
| Total equity and liabilities | 10/49 | €144,026 | €252,477 | +€108,450 | +75.3% |
| Equity | 10/15 | €28,664 | €131,632 | +€102,968 | +359% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €40,000 | +€20,000 | +100% |
| Distributable reserves | 133 | €20,000 | €40,000 | +€20,000 | +100% |
| Profit (loss) carried forward | 14 | €5,664 | €88,632 | +€82,968 | +1,465% |
| Amounts payable | 17/49 | €115,363 | €120,845 | +€5,482 | +4.8% |
| Amounts payable after more than one year | 17 | €90,000 | €70,000 | -€20,000 | -22.2% |
| Other amounts payable | 178/9 | €90,000 | €70,000 | -€20,000 | -22.2% |
| Amounts payable within one year | 42/48 | €17,946 | €50,845 | +€32,899 | +183% |
| Trade debts | 44 | €5,072 | €17,812 | +€12,739 | +251% |
| Suppliers | 440/4 | €5,072 | €17,812 | +€12,739 | +251% |
| Taxes, remuneration and social security | 45 | €11,327 | €30,359 | +€19,032 | +168% |
| Taxes | 450/3 | €11,327 | €30,359 | +€19,032 | +168% |
| Other amounts payable | 47/48 | €1,546 | €2,674 | +€1,128 | +72.9% |
| Accrued charges and deferred income | 492/3 | €7,417 | - | -€7,417 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,399 | - | -€2,399 | |
| Other operating charges | 640/8 | €4,953 | €4,381 | -€572 | -11.5% |
| Gross operating margin | 9900 | €42,689 | €135,957 | +€93,269 | +218% |
| Operating profit (loss) | 9901 | €35,336 | €131,576 | +€96,240 | +272% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €122 | €810 | +€688 | +561% |
| Recurring financial charges | 65 | €122 | €810 | +€688 | +561% |
| Profit (loss) for the period before taxes | 9903 | €35,215 | €130,766 | +€95,551 | +271% |
| Income taxes | 67/77 | €9,551 | €27,798 | +€18,247 | +191% |
| Profit (loss) for the period | 9904 | €25,664 | €102,968 | +€77,304 | +301% |
| Profit (loss) for the period to be appropriated | 9905 | €25,664 | €102,968 | +€77,304 | +301% |
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 16 October 2026 via checked.be.