TAMWOOD: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
TAMWOOD
Largest movements
- Cash +€39,578
up €39,578 (+145%), from €27,209 to €66,787
mainly Receivables within one year (+€35,299) and Net result for the year (+€26,390)
- Receivables within one year -€35,299
down €35,299 (-99.6%), from €35,427 to €128
- Tangible fixed assets -€7,679
down €7,679 (-64.8%), from €11,846 to €4,167
of which Furniture and vehicles: -€4,611
- Deferred charges and accrued income -€4,119
down €4,119 (-24.2%), from €16,992 to €12,873
- Stocks and contracts -€2,689
down €2,689 (-67.2%), from €4,003 to €1,313
- Trade debts -€22,869
down €22,869 (-94.2%), from €24,279 to €1,410
- Contributions +€12,500
up €12,500 (+200%), from €6,250 to €18,750
- Tax, wage and social debts +€3,476
up €3,476 (+29.6%), from €11,751 to €15,227
of which Taxes: +€6,907
- Profit (loss) carried forward -€3,110
down €3,110 (-19.8%), from €15,732 to €12,623
- Other debts +€2,094
up €2,094 (+6.6%), from €31,701 to €33,795
- Staff costs -€10,464
down €10,464 (-37.4%), from €28,007 to €17,543
- Gross operating margin -€4,680
down €4,680 (-6.6%), from €70,857 to €66,178
- Taxes +€1,608
up €1,608 (+19.7%), from €8,154 to €9,762
- Other operating charges +€970
up €970 (+182%), from €534 to €1,505
- Depreciation -€891
down €891 (-13.3%), from €6,722 to €5,831
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,267 | €85,565 | -€10,702 | -11.1% |
| Fixed assets | 21/28 | €12,635 | €4,463 | -€8,172 | -64.7% |
| Intangible fixed assets | 21 | €629 | €296 | -€333 | -53.0% |
| Tangible fixed assets | 22/27 | €11,846 | €4,167 | -€7,679 | -64.8% |
| Plant, machinery and equipment | 23 | €3,335 | €2,448 | -€887 | -26.6% |
| Furniture and vehicles | 24 | €6,329 | €1,719 | -€4,611 | -72.8% |
| Other tangible fixed assets | 26 | €2,182 | - | -€2,182 | |
| Financial fixed assets | 28 | €160 | - | -€160 | |
| Current assets | 29/58 | €83,631 | €81,102 | -€2,530 | -3.0% |
| Stocks and contracts in progress | 3 | €4,003 | €1,313 | -€2,689 | -67.2% |
| Stocks | 30/36 | €4,003 | €1,313 | -€2,689 | -67.2% |
| Amounts receivable within one year | 40/41 | €35,427 | €128 | -€35,299 | -99.6% |
| Trade receivables | 40 | €35,427 | €128 | -€35,299 | -99.6% |
| Cash at bank and in hand | 54/58 | €27,209 | €66,787 | +€39,578 | +145% |
| Deferred charges and accrued income | 490/1 | €16,992 | €12,873 | -€4,119 | -24.2% |
| Total equity and liabilities | 10/49 | €96,267 | €85,565 | -€10,702 | -11.1% |
| Equity | 10/15 | €23,857 | €33,248 | +€9,390 | +39.4% |
| Contributions | 10/11 | €6,250 | €18,750 | +€12,500 | +200% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,732 | €12,623 | -€3,110 | -19.8% |
| Amounts payable | 17/49 | €72,409 | €52,317 | -€20,092 | -27.7% |
| Amounts payable after more than one year | 17 | €1,385 | - | -€1,385 | |
| Financial debts | 170/4 | €1,385 | - | -€1,385 | |
| Amounts payable within one year | 42/48 | €71,024 | €51,817 | -€19,207 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €3,293 | €1,385 | -€1,908 | -57.9% |
| Trade debts | 44 | €24,279 | €1,410 | -€22,869 | -94.2% |
| Suppliers | 440/4 | €24,279 | €1,410 | -€22,869 | -94.2% |
| Taxes, remuneration and social security | 45 | €11,751 | €15,227 | +€3,476 | +29.6% |
| Taxes | 450/3 | €8,320 | €15,227 | +€6,907 | +83.0% |
| Remuneration and social security | 454/9 | €3,430 | - | -€3,430 | |
| Other amounts payable | 47/48 | €31,701 | €33,795 | +€2,094 | +6.6% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €28,007 | €17,543 | -€10,464 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,722 | €5,831 | -€891 | -13.3% |
| Other operating charges | 640/8 | €534 | €1,505 | +€970 | +182% |
| Gross operating margin | 9900 | €70,857 | €66,178 | -€4,680 | -6.6% |
| Operating profit (loss) | 9901 | €35,595 | €41,299 | +€5,705 | +16.0% |
| Financial income | 75/76B | €11 | €506 | +€495 | +4,635% |
| Recurring financial income | 75 | €11 | €506 | +€495 | +4,635% |
| Financial charges | 65/66B | €4,942 | €5,653 | +€711 | +14.4% |
| Recurring financial charges | 65 | €4,942 | €5,653 | +€711 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €30,663 | €36,152 | +€5,489 | +17.9% |
| Income taxes | 67/77 | €8,154 | €9,762 | +€1,608 | +19.7% |
| Profit (loss) for the period | 9904 | €22,509 | €26,390 | +€3,881 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,509 | €26,390 | +€3,881 | +17.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.