TAN Engineering: 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.
TAN Engineering
Largest movements
- Receivables within one year +€56,472
up €56,472 (+84.3%), from €66,980 to €123,452
of which Other amounts receivable: +€51,303
- Cash +€22,429
up €22,429 (+126.2%), from €17,772 to €40,201
mainly Net result for the year (+€66,248) and Tax, wage and social debts (+€8,627)
- Tangible fixed assets -€6,275
down €6,275 (-26.7%), from €23,544 to €17,269
of which Furniture and vehicles: -€6,282
- Reserves +€66,248
up €66,248 (+87.1%), from €76,093 to €142,341
- Tax, wage and social debts +€8,627
up €8,627 (+29.5%), from €29,212 to €37,839
- Gross operating margin +€30,990
up €30,990 (+54.6%), from €56,717 to €87,707
- Taxes +€5,849
up €5,849 (+52.4%), from €11,154 to €17,003
- Depreciation +€5,518
up €5,518 (+333.8%), from €1,653 to €7,171
- Financial income +€3,116
up €3,116 (+94142.9%), from €3 to €3,119
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.
Cash bridge derived
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 | €108,296 | €181,910 | +€73,614 | +68.0% |
| Fixed assets | 21/28 | €23,544 | €17,569 | -€5,975 | -25.4% |
| Tangible fixed assets | 22/27 | €23,544 | €17,269 | -€6,275 | -26.7% |
| Plant, machinery and equipment | 23 | €1,720 | €1,727 | +€8 | +0.4% |
| Furniture and vehicles | 24 | €21,825 | €15,542 | -€6,282 | -28.8% |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €84,752 | €164,340 | +€79,589 | +93.9% |
| Amounts receivable within one year | 40/41 | €66,980 | €123,452 | +€56,472 | +84.3% |
| Trade receivables | 40 | €10,291 | €15,460 | +€5,169 | +50.2% |
| Other amounts receivable | 41 | €56,689 | €107,992 | +€51,303 | +90.5% |
| Cash at bank and in hand | 54/58 | €17,772 | €40,201 | +€22,429 | +126.2% |
| Deferred charges and accrued income | 490/1 | - | €687 | +€687 | |
| Total equity and liabilities | 10/49 | €108,296 | €181,910 | +€73,614 | +68.0% |
| Equity | 10/15 | €77,593 | €143,841 | +€66,248 | +85.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €76,093 | €142,341 | +€66,248 | +87.1% |
| Distributable reserves | 133 | €76,093 | €142,341 | +€66,248 | +87.1% |
| Amounts payable | 17/49 | €30,703 | €38,068 | +€7,366 | +24.0% |
| Amounts payable within one year | 42/48 | €30,703 | €38,068 | +€7,366 | +24.0% |
| Trade debts | 44 | €1,490 | €229 | -€1,261 | -84.6% |
| Suppliers | 440/4 | €1,490 | €229 | -€1,261 | -84.6% |
| Taxes, remuneration and social security | 45 | €29,212 | €37,839 | +€8,627 | +29.5% |
| Taxes | 450/3 | €29,212 | €37,839 | +€8,627 | +29.5% |
| Remuneration, social security and pensions | 62 | €225 | - | -€225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,653 | €7,171 | +€5,518 | +333.8% |
| Other operating charges | 640/8 | €323 | €298 | -€26 | -7.9% |
| Gross operating margin | 9900 | €56,717 | €87,707 | +€30,990 | +54.6% |
| Operating profit (loss) | 9901 | €54,516 | €80,238 | +€25,722 | +47.2% |
| Financial income | 75/76B | €3 | €3,119 | +€3,116 | +94142.9% |
| Recurring financial income | 75 | €3 | €3,119 | +€3,116 | +94142.9% |
| Financial charges | 65/66B | €44 | €106 | +€63 | +144.6% |
| Recurring financial charges | 65 | €44 | €106 | +€63 | +144.6% |
| Profit (loss) for the period before taxes | 9903 | €54,476 | €83,251 | +€28,776 | +52.8% |
| Income taxes | 67/77 | €11,154 | €17,003 | +€5,849 | +52.4% |
| Profit (loss) for the period | 9904 | €43,321 | €66,248 | +€22,927 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,321 | €66,248 | +€22,927 | +52.9% |
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 10 October 2026 via checked.be.