TANAGRA: 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.
TANAGRA
Largest movements
- Financial fixed assets -€1.7m
down €1.7m (-100.0%), from €1.7m to €250
- Profit (loss) carried forward -€1.5m
down €1.5m, from €158,995 to -€1.3m
- Other debts -€255,122
down €255,122 (-70.9%), from €359,806 to €104,684
- Financial charges +€1.4m
up €1.4m (+663889.1%), from €218 to €1.4m
- Gross operating margin -€22,423
down €22,423, from €15,231 to -€7,192
- Depreciation +€1,282
up €1,282 (+2.9%), from €44,001 to €45,284
- Other operating charges +€262
up €262 (+3.6%), from €7,335 to €7,597
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 | €2,984,573 | €1,222,449 | -€1.8m | -59.0% |
| Fixed assets | 21/28 | €2,862,268 | €1,103,545 | -€1.8m | -61.4% |
| Tangible fixed assets | 22/27 | €1,132,018 | €1,103,295 | -€28,723 | -2.5% |
| Land and buildings | 22 | €1,129,086 | €1,101,163 | -€27,923 | -2.5% |
| Plant, machinery and equipment | 23 | €2,933 | €2,132 | -€801 | -27.3% |
| Financial fixed assets | 28 | €1,730,250 | €250 | -€1.7m | -100.0% |
| Current assets | 29/58 | €122,304 | €118,904 | -€3,401 | -2.8% |
| Cash at bank and in hand | 54/58 | €118,903 | €115,375 | -€3,527 | -3.0% |
| Deferred charges and accrued income | 490/1 | €3,402 | €3,528 | +€127 | +3.7% |
| Total equity and liabilities | 10/49 | €2,984,573 | €1,222,449 | -€1.8m | -59.0% |
| Equity | 10/15 | €2,623,000 | €1,117,158 | -€1.5m | -57.4% |
| Contributions | 10/11 | €2,330,000 | €2,330,000 | = | 0.0% |
| Capital | 10 | €2,330,000 | €2,330,000 | = | 0.0% |
| Issued capital | 100 | €2,330,000 | €2,330,000 | = | 0.0% |
| Reserves | 13 | €134,005 | €134,005 | = | 0.0% |
| Non-distributable reserves | 130/1 | €134,005 | €134,005 | = | 0.0% |
| Legal reserve | 130 | €134,005 | €134,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | €158,995 | -€1,346,847 | -€1.5m | |
| Amounts payable | 17/49 | €361,572 | €105,290 | -€256,282 | -70.9% |
| Amounts payable within one year | 42/48 | €361,572 | €105,290 | -€256,282 | -70.9% |
| Trade debts | 44 | €1,766 | €606 | -€1,160 | -65.7% |
| Suppliers | 440/4 | €1,766 | €606 | -€1,160 | -65.7% |
| Other amounts payable | 47/48 | €359,806 | €104,684 | -€255,122 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,001 | €45,284 | +€1,282 | +2.9% |
| Other operating charges | 640/8 | €7,335 | €7,597 | +€262 | +3.6% |
| Gross operating margin | 9900 | €15,231 | -€7,192 | -€22,423 | |
| Operating profit (loss) | 9901 | -€36,105 | -€60,072 | -€23,968 | -66.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €218 | €1,445,770 | +€1.4m | +663889.1% |
| Recurring financial charges | 65 | €218 | €1,445,770 | +€1.4m | +663889.1% |
| Profit (loss) for the period before taxes | 9903 | -€36,322 | -€1,505,842 | -€1.5m | -4045.8% |
| Profit (loss) for the period | 9904 | -€36,322 | -€1,505,842 | -€1.5m | -4045.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,322 | -€1,505,842 | -€1.5m | -4045.8% |
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.