TANDANA: 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.
TANDANA
Largest movements
- Cash +€52,965
up €52,965 (+202%), from €26,195 to €79,160
mainly Net result for the year (+€53,360) and Other debts (+€12,712)
- Current investments +€3,902
new in 2025: €3,902
- Receivables within one year -€3,125
down €3,125 (-21.5%), from €14,563 to €11,437
of which Trade receivables: -€3,125
- Reserves +€44,757
up €44,757 (+149%), from €29,978 to €74,735
- Other debts +€12,712
up €12,712 (+854%), from €1,489 to €14,201
- Tax, wage and social debts -€3,621
down €3,621 (-39.8%), from €9,095 to €5,475
of which Taxes: -€3,622
- Gross operating margin +€24,555
up €24,555 (+56.6%), from €43,412 to €67,967
- Taxes +€1,394
up €1,394 (+13.4%), from €10,424 to €11,817
- Depreciation -€1,156
down €1,156 (-48.6%), from €2,378 to €1,223
- Other operating charges +€860
up €860 (+145%), from €593 to €1,452
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 | €44,060 | €97,410 | +€53,349 | +121% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,303 | €2,910 | -€393 | -11.9% |
| Tangible fixed assets | 22/27 | €3,303 | €2,910 | -€393 | -11.9% |
| Plant, machinery and equipment | 23 | €258 | €595 | +€337 | +131% |
| Furniture and vehicles | 24 | €3,045 | €2,315 | -€730 | -24.0% |
| Current assets | 29/58 | €40,758 | €94,500 | +€53,742 | +132% |
| Amounts receivable within one year | 40/41 | €14,563 | €11,437 | -€3,125 | -21.5% |
| Trade receivables | 40 | €14,563 | €11,437 | -€3,125 | -21.5% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | - | €3,902 | +€3,902 | |
| Cash at bank and in hand | 54/58 | €26,195 | €79,160 | +€52,965 | +202% |
| Total equity and liabilities | 10/49 | €44,060 | €97,410 | +€53,349 | +121% |
| Equity | 10/15 | €32,978 | €77,735 | +€44,757 | +136% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,978 | €74,735 | +€44,757 | +149% |
| Distributable reserves | 133 | €29,978 | €74,735 | +€44,757 | +149% |
| Amounts payable | 17/49 | €11,082 | €19,675 | +€8,593 | +77.5% |
| Amounts payable within one year | 42/48 | €11,082 | €19,675 | +€8,593 | +77.5% |
| Trade debts | 44 | €499 | €0 | -€499 | -100% |
| Suppliers | 440/4 | €499 | €0 | -€499 | -100% |
| Taxes, remuneration and social security | 45 | €9,095 | €5,475 | -€3,621 | -39.8% |
| Taxes | 450/3 | €7,181 | €3,560 | -€3,622 | -50.4% |
| Remuneration and social security | 454/9 | €1,914 | €1,915 | +€1 | 0.0% |
| Other amounts payable | 47/48 | €1,489 | €14,201 | +€12,712 | +854% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,378 | €1,223 | -€1,156 | -48.6% |
| Other operating charges | 640/8 | €593 | €1,452 | +€860 | +145% |
| Gross operating margin | 9900 | €43,412 | €67,967 | +€24,555 | +56.6% |
| Operating profit (loss) | 9901 | €40,441 | €65,292 | +€24,851 | +61.4% |
| Financial income | 75/76B | €0 | €43 | +€43 | +144,067% |
| Recurring financial income | 75 | €0 | €43 | +€43 | +144,067% |
| Financial charges | 65/66B | €39 | €158 | +€119 | +301% |
| Recurring financial charges | 65 | €39 | €158 | +€119 | +301% |
| Profit (loss) for the period before taxes | 9903 | €40,402 | €65,177 | +€24,775 | +61.3% |
| Income taxes | 67/77 | €10,424 | €11,817 | +€1,394 | +13.4% |
| Profit (loss) for the period | 9904 | €29,978 | €53,360 | +€23,382 | +78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,978 | €53,360 | +€23,382 | +78.0% |
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 15 October 2026 via checked.be.