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TAN: what changed

Two fiscal 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.

What changed

TAN

BE 0842.421.541
NACE 64.210, Activities of holding companies
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
€128,505
2021 · €47,200+€81,305
Equity
€461,749
2021 · €436,914+€24,835
Cash
€103,590
2021 · €43,044+€60,546
Balance sheet total
€482,666
2021 · €471,187+€11,479

Largest movements

2021 to 2022
Assets
  • Tangible fixed assets +€12,987

    up €12,987 (+10.0%), from €130,163 to €143,150

    of which Land and buildings: +€86,041

Equity and liabilities
  • Equity +€24,835

    up €24,835 (+5.7%), from €436,914 to €461,749

    of which Contributions: +€185,070

  • Debts -€13,356

    down €13,356 (-39.0%), from €34,273 to €20,917

    of which Debts within one year: -€13,727

Income statement
  • Financial income +€123,713

    new in 2022: €123,713

    of which Non-recurring financial income: +€123,670

  • Gross operating margin -€49,835

    down €49,835 (-58.6%), from €85,062 to €35,227

  • Taxes -€13,647

    down €13,647 (-81.4%), from €16,770 to €3,123

  • Other operating charges +€2,440

    new in 2022: €2,440

  • Depreciation +€2,135

    up €2,135 (+9.4%), from €22,600 to €24,735

From the 2021 result to the 2022 result

effect on the 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.

Result 2021 €47,200
Gross operating margin -€49,835
Depreciation -€2,135
Other operating charges -€2,440
Other operating items +€2,181
Financial income +€123,713
Financial charges -€137
Other financial items -€3,688
Taxes +€13,647
Result 2022 €128,505

Cash bridge derived

cash 2021 to 2022

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 44 lines
Line Code 2021 2022 Change %
Total assets 20/58 €471,187 €482,666 +€11,479 +2.4%
Fixed assets 21/28 €315,233 €328,220 +€12,987 +4.1%
Tangible fixed assets 22/27 €130,163 €143,150 +€12,987 +10.0%
Land and buildings 22 - €86,041 +€86,041
Plant, machinery and equipment 23 - €56,120 +€56,120
Furniture and vehicles 24 - €989 +€989
Financial fixed assets 28 €185,070 €185,070 = 0.0%
Current assets 29/58 €155,954 €154,446 -€1,508 -1.0%
Amounts receivable within one year 40/41 €62,268 €50,666 -€11,602 -18.6%
Trade receivables 40 - €30,659 +€30,659
Other amounts receivable 41 - €20,006 +€20,006
Cash at bank and in hand 54/58 €43,044 €103,590 +€60,546 +140.7%
Deferred charges and accrued income 490/1 - €190 +€190
Total equity and liabilities 10/49 €471,187 €482,666 +€11,479 +2.4%
Equity 10/15 €436,914 €461,749 +€24,835 +5.7%
Contributions 10/11 - €185,070 +€185,070
Reserves 13 €48,203 €56,007 +€7,804 +16.2%
Non-distributable reserves 130/1 - €18,507 +€18,507
Reserves not available under the articles 1311 - €18,507 +€18,507
Tax-exempt reserves 132 - €37,500 +€37,500
Profit (loss) carried forward 14 €194,840 €215,541 +€20,701 +10.6%
Investment grants 15 - €5,130 +€5,130
Amounts payable 17/49 €34,273 €20,917 -€13,356 -39.0%
Amounts payable within one year 42/48 €33,291 €19,564 -€13,727 -41.2%
Trade debts 44 €3,924 €4,559 +€635 +16.2%
Suppliers 440/4 - €4,559 +€4,559
Taxes, remuneration and social security 45 - €5,505 +€5,505
Taxes 450/3 - €5,505 +€5,505
Other amounts payable 47/48 - €9,500 +€9,500
Accrued charges and deferred income 492/3 - €1,353 +€1,353
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €22,600 €24,735 +€2,135 +9.4%
Other operating charges 640/8 - €2,440 +€2,440
Gross operating margin 9900 €85,062 €35,227 -€49,835 -58.6%
Operating profit (loss) 9901 €60,281 €8,052 -€52,230 -86.6%
Financial income 75/76B - €123,713 +€123,713
Recurring financial income 75 €53 €43 -€10 -19.2%
Non-recurring financial income 76B - €123,670 +€123,670
Financial charges 65/66B - €137 +€137
Recurring financial charges 65 €35 €37 +€1 +4.0%
Non-recurring financial charges 66B - €100 +€100
Profit (loss) for the period before taxes 9903 €63,970 €131,628 +€67,659 +105.8%
Income taxes 67/77 €16,770 €3,123 -€13,647 -81.4%
Profit (loss) for the period 9904 €47,200 €128,505 +€81,305 +172.3%
Profit (loss) for the period to be appropriated 9905 €47,200 €128,505 +€81,305 +172.3%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.