TANAËL: 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.
TANAËL
Largest movements
- Tangible fixed assets -€6,618
down €6,618 (-4.4%), from €149,576 to €142,958
- Cash -€2,192
down €2,192 (-62.7%), from €3,499 to €1,307
mainly Debts after one year (-€15,512) and Trade debts (-€4,443)
- Debts after one year -€15,512
down €15,512 (-12.3%), from €125,747 to €110,235
- Other debts +€5,682
up €5,682 (+3.1%), from €184,448 to €190,130
- Profit (loss) carried forward +€5,318
up €5,318 (+2.5%), from -€211,738 to -€206,420
- Trade debts -€4,443
no longer reported in 2025 (was €4,443)
- Gross operating margin +€11,053
up €11,053 (+130%), from €8,518 to €19,571
- Purchases and services -€6,338
down €6,338 (-66.2%), from €9,567 to €3,229
- Other operating charges +€1,091
new in 2025: €1,091
- Financial charges -€963
down €963 (-12.8%), from €7,507 to €6,544
- Depreciation -€383
down €383 (-5.5%), from €7,001 to €6,618
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 | €157,695 | €149,457 | -€8,238 | -5.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €149,576 | €142,958 | -€6,618 | -4.4% |
| Tangible fixed assets | 22/27 | €149,576 | €142,958 | -€6,618 | -4.4% |
| Land and buildings | 22 | €149,576 | €142,958 | -€6,618 | -4.4% |
| Current assets | 29/58 | €8,118 | €6,499 | -€1,619 | -19.9% |
| Stocks and contracts in progress | 3 | €4,619 | €4,619 | = | 0.0% |
| Stocks | 30/36 | €4,619 | €4,619 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €573 | +€573 | |
| Other amounts receivable | 41 | - | €573 | +€573 | |
| Cash at bank and in hand | 54/58 | €3,499 | €1,307 | -€2,192 | -62.7% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €157,695 | €149,457 | -€8,238 | -5.2% |
| Equity | 10/15 | -€171,738 | -€166,420 | +€5,318 | +3.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Capital | 10 | - | €0 | = | |
| Issued capital | 100 | - | €0 | = | |
| Contributions outside capital | 11 | - | €40,000 | +€40,000 | |
| Share premium | 1100/10 | - | €40,000 | +€40,000 | |
| Profit (loss) carried forward | 14 | -€211,738 | -€206,420 | +€5,318 | +2.5% |
| Amounts payable | 17/49 | €329,433 | €315,877 | -€13,556 | -4.1% |
| Amounts payable after more than one year | 17 | €125,747 | €110,235 | -€15,512 | -12.3% |
| Financial debts | 170/4 | €125,747 | €110,235 | -€15,512 | -12.3% |
| Amounts payable within one year | 42/48 | €203,685 | €205,642 | +€1,957 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €14,794 | €15,512 | +€718 | +4.9% |
| Trade debts | 44 | €4,443 | - | -€4,443 | |
| Suppliers | 440/4 | €4,443 | - | -€4,443 | |
| Other amounts payable | 47/48 | €184,448 | €190,130 | +€5,682 | +3.1% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Non-recurring operating income | 76A | €18,085 | €22,800 | +€4,715 | +26.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,567 | €3,229 | -€6,338 | -66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,001 | €6,618 | -€383 | -5.5% |
| Other operating charges | 640/8 | - | €1,091 | +€1,091 | |
| Gross operating margin | 9900 | €8,518 | €19,571 | +€11,053 | +130% |
| Operating profit (loss) | 9901 | €1,517 | €11,862 | +€10,345 | +682% |
| Financial charges | 65/66B | €7,507 | €6,544 | -€963 | -12.8% |
| Recurring financial charges | 65 | €7,507 | €6,544 | -€963 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,990 | €5,318 | +€11,308 | |
| Income taxes | 67/77 | €199 | - | -€199 | |
| Profit (loss) for the period | 9904 | -€6,189 | €5,318 | +€11,507 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,189 | €5,318 | +€11,507 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.