TAN IMMO: 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.
TAN IMMO
Largest movements
- Receivables after one year +€69,241
up €69,241 (+57.6%), from €120,240 to €189,481
- Cash -€33,254
down €33,254 (-69.6%), from €47,794 to €14,539
mainly Receivables after one year (-€69,241) and Other debts (-€31,837)
- Trade debts +€70,742
new in 2025: €70,742
- Other debts -€31,837
no longer reported in 2025 (was €31,837)
- Gross operating margin -€45,180
down €45,180 (-71.8%), from €62,955 to €17,774
- Other operating charges -€12,592
down €12,592 (-69.6%), from €18,105 to €5,512
- Taxes -€11,258
down €11,258 (-75.7%), from €14,879 to €3,621
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 | €1,523,199 | €1,557,145 | +€33,946 | +2.2% |
| Fixed assets | 21/28 | €1,355,166 | €1,353,125 | -€2,041 | -0.2% |
| Tangible fixed assets | 22/27 | €1,355,166 | €1,353,125 | -€2,041 | -0.2% |
| Other tangible fixed assets | 26 | €1,355,166 | €1,353,125 | -€2,041 | -0.2% |
| Current assets | 29/58 | €168,033 | €204,020 | +€35,987 | +21.4% |
| Amounts receivable after more than one year | 29 | €120,240 | €189,481 | +€69,241 | +57.6% |
| Other amounts receivable | 291 | €120,240 | €189,481 | +€69,241 | +57.6% |
| Cash at bank and in hand | 54/58 | €47,794 | €14,539 | -€33,254 | -69.6% |
| Total equity and liabilities | 10/49 | €1,523,199 | €1,557,145 | +€33,946 | +2.2% |
| Equity | 10/15 | €1,475,848 | €1,482,147 | +€6,299 | +0.4% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,242,633 | €1,242,633 | = | 0.0% |
| Reserves | 13 | €51,823 | €58,122 | +€6,299 | +12.2% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €39,823 | €46,122 | +€6,299 | +15.8% |
| Profit (loss) carried forward | 14 | €61,392 | €61,392 | = | 0.0% |
| Amounts payable | 17/49 | €47,351 | €74,998 | +€27,647 | +58.4% |
| Amounts payable within one year | 42/48 | €47,351 | €74,998 | +€27,647 | +58.4% |
| Trade debts | 44 | - | €70,742 | +€70,742 | |
| Suppliers | 440/4 | - | €70,742 | +€70,742 | |
| Taxes, remuneration and social security | 45 | €15,515 | €4,256 | -€11,258 | -72.6% |
| Taxes | 450/3 | €15,515 | €4,256 | -€11,258 | -72.6% |
| Other amounts payable | 47/48 | €31,837 | - | -€31,837 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,041 | €2,041 | = | 0.0% |
| Other operating charges | 640/8 | €18,105 | €5,512 | -€12,592 | -69.6% |
| Gross operating margin | 9900 | €62,955 | €17,774 | -€45,180 | -71.8% |
| Operating profit (loss) | 9901 | €42,809 | €10,221 | -€32,588 | -76.1% |
| Financial charges | 65/66B | €208 | €301 | +€94 | +45.0% |
| Recurring financial charges | 65 | €208 | €301 | +€94 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | €42,602 | €9,920 | -€32,682 | -76.7% |
| Income taxes | 67/77 | €14,879 | €3,621 | -€11,258 | -75.7% |
| Profit (loss) for the period | 9904 | €27,723 | €6,299 | -€21,423 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,723 | €6,299 | -€21,423 | -77.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.