TANAGA: 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.
TANAGA
Largest movements
- Tangible fixed assets +€20,379
up €20,379 (+38.1%), from €53,463 to €73,842
of which Furniture and vehicles: +€25,778
- Receivables within one year +€18,912
up €18,912 (+84.5%), from €22,388 to €41,300
of which Trade receivables: +€13,146
- Cash +€8,237
up €8,237 (+30.9%), from €26,667 to €34,904
mainly Debts after one year (+€15,822) and Net result for the year (+€15,088)
- Debts after one year +€15,822
up €15,822 (+32.3%), from €49,049 to €64,871
- Profit (loss) carried forward +€15,088
up €15,088 (+45.8%), from €32,909 to €47,997
- Tax, wage and social debts +€8,278
up €8,278 (+77.9%), from €10,620 to €18,898
- Current portion of long-term debt +€4,925
up €4,925 (+86.5%), from €5,695 to €10,620
- Trade debts +€3,059
up €3,059 (+183.3%), from €1,669 to €4,729
- Depreciation +€5,049
up €5,049 (+90.6%), from €5,572 to €10,620
- Gross operating margin +€4,948
up €4,948 (+14.9%), from €33,308 to €38,256
- Financial charges +€2,408
up €2,408 (+103.8%), from €2,319 to €4,727
of which Non-recurring financial charges: +€1,594
- Other operating charges +€1,240
up €1,240 (+75.0%), from €1,653 to €2,893
- Taxes -€399
down €399 (-6.7%), from €5,989 to €5,591
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 | €102,942 | €150,115 | +€47,173 | +45.8% |
| Fixed assets | 21/28 | €53,463 | €73,842 | +€20,379 | +38.1% |
| Tangible fixed assets | 22/27 | €53,463 | €73,842 | +€20,379 | +38.1% |
| Furniture and vehicles | 24 | €414 | €26,192 | +€25,778 | +6226.5% |
| Other tangible fixed assets | 26 | €53,049 | €47,650 | -€5,399 | -10.2% |
| Current assets | 29/58 | €49,479 | €76,273 | +€26,794 | +54.2% |
| Amounts receivable within one year | 40/41 | €22,388 | €41,300 | +€18,912 | +84.5% |
| Trade receivables | 40 | €15,863 | €29,009 | +€13,146 | +82.9% |
| Other amounts receivable | 41 | €6,525 | €12,291 | +€5,766 | +88.4% |
| Cash at bank and in hand | 54/58 | €26,667 | €34,904 | +€8,237 | +30.9% |
| Deferred charges and accrued income | 490/1 | €424 | €69 | -€355 | -83.7% |
| Total equity and liabilities | 10/49 | €102,942 | €150,115 | +€47,173 | +45.8% |
| Equity | 10/15 | €35,909 | €50,997 | +€15,088 | +42.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,909 | €47,997 | +€15,088 | +45.8% |
| Amounts payable | 17/49 | €67,032 | €99,117 | +€32,085 | +47.9% |
| Amounts payable after more than one year | 17 | €49,049 | €64,871 | +€15,822 | +32.3% |
| Financial debts | 170/4 | €49,049 | €64,871 | +€15,822 | +32.3% |
| Amounts payable within one year | 42/48 | €17,984 | €34,246 | +€16,263 | +90.4% |
| Current portion of amounts payable after more than one year | 42 | €5,695 | €10,620 | +€4,925 | +86.5% |
| Trade debts | 44 | €1,669 | €4,729 | +€3,059 | +183.3% |
| Suppliers | 440/4 | €1,669 | €4,729 | +€3,059 | +183.3% |
| Taxes, remuneration and social security | 45 | €10,620 | €18,898 | +€8,278 | +77.9% |
| Taxes | 450/3 | €10,620 | €18,898 | +€8,278 | +77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,572 | €10,620 | +€5,049 | +90.6% |
| Other operating charges | 640/8 | €1,653 | €2,893 | +€1,240 | +75.0% |
| Gross operating margin | 9900 | €33,308 | €38,256 | +€4,948 | +14.9% |
| Operating profit (loss) | 9901 | €26,083 | €24,742 | -€1,340 | -5.1% |
| Financial income | 75/76B | €388 | €663 | +€275 | +71.0% |
| Recurring financial income | 75 | €388 | €663 | +€275 | +71.0% |
| Financial charges | 65/66B | €2,319 | €4,727 | +€2,408 | +103.8% |
| Recurring financial charges | 65 | €2,319 | €3,133 | +€814 | +35.1% |
| Non-recurring financial charges | 66B | - | €1,594 | +€1,594 | |
| Profit (loss) for the period before taxes | 9903 | €24,151 | €20,678 | -€3,473 | -14.4% |
| Income taxes | 67/77 | €5,989 | €5,591 | -€399 | -6.7% |
| Profit (loss) for the period | 9904 | €18,162 | €15,088 | -€3,074 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,162 | €15,088 | -€3,074 | -16.9% |
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 6 October 2026 via checked.be.