TANDARTS SIMONS: 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.
TANDARTS SIMONS
Largest movements
- Receivables after one year +€600,716
up €600,716 (+127%), from €471,495 to €1.1m
of which Other amounts receivable: +€1.1m
- Tangible fixed assets +€18,103
up €18,103 (+115%), from €15,687 to €33,789
of which Plant, machinery and equipment: +€18,596
- Other debts +€1.0m
new in 2025: €1.0m
- Reserves -€555,966
down €555,966 (-100%), from €555,966 to €0
- Tax, wage and social debts +€146,148
up €146,148 (+106%), from €138,234 to €284,383
- Gross operating margin +€503,635
up €503,635 (+162%), from €310,766 to €814,402
- Taxes +€128,717
up €128,717 (+174%), from €74,078 to €202,795
- Financial income +€14,323
up €14,323 (+169%), from €8,490 to €22,813
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 | €697,281 | €1,306,516 | +€609,235 | +87.4% |
| Fixed assets | 21/28 | €15,687 | €33,789 | +€18,103 | +115% |
| Tangible fixed assets | 22/27 | €15,687 | €33,789 | +€18,103 | +115% |
| Plant, machinery and equipment | 23 | €14,345 | €32,941 | +€18,596 | +130% |
| Furniture and vehicles | 24 | €1,342 | €849 | -€493 | -36.7% |
| Current assets | 29/58 | €681,594 | €1,272,727 | +€591,133 | +86.7% |
| Amounts receivable after more than one year | 29 | €471,495 | €1,072,211 | +€600,716 | +127% |
| Trade receivables | 290 | €471,495 | - | -€471,495 | |
| Other amounts receivable | 291 | - | €1,072,211 | +€1.1m | |
| Cash at bank and in hand | 54/58 | €197,672 | €188,087 | -€9,585 | -4.8% |
| Deferred charges and accrued income | 490/1 | €12,427 | €12,429 | +€2 | 0.0% |
| Total equity and liabilities | 10/49 | €697,281 | €1,306,516 | +€609,235 | +87.4% |
| Equity | 10/15 | €558,466 | €2,500 | -€555,966 | -99.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €555,966 | €0 | -€555,966 | -100% |
| Distributable reserves | 133 | €555,966 | €0 | -€555,966 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €138,815 | €1,304,016 | +€1.2m | +839% |
| Amounts payable within one year | 42/48 | €138,815 | €1,304,016 | +€1.2m | +839% |
| Trade debts | 44 | €580 | €12,378 | +€11,798 | +2,033% |
| Suppliers | 440/4 | €580 | €12,378 | +€11,798 | +2,033% |
| Taxes, remuneration and social security | 45 | €138,234 | €284,383 | +€146,148 | +106% |
| Taxes | 450/3 | €138,234 | €284,383 | +€146,148 | +106% |
| Other amounts payable | 47/48 | - | €1,007,255 | +€1.0m | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,112 | €4,872 | +€2,760 | +131% |
| Other operating charges | 640/8 | €118 | €392 | +€274 | +232% |
| Non-recurring operating charges | 66A | €327 | - | -€327 | |
| Gross operating margin | 9900 | €310,766 | €814,402 | +€503,635 | +162% |
| Operating profit (loss) | 9901 | €308,210 | €809,137 | +€500,928 | +163% |
| Financial income | 75/76B | €8,490 | €22,813 | +€14,323 | +169% |
| Recurring financial income | 75 | €8,490 | €22,813 | +€14,323 | +169% |
| Financial charges | 65/66B | €389 | €116 | -€273 | -70.3% |
| Recurring financial charges | 65 | €389 | €116 | -€273 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €316,311 | €831,835 | +€515,524 | +163% |
| Income taxes | 67/77 | €74,078 | €202,795 | +€128,717 | +174% |
| Profit (loss) for the period | 9904 | €242,233 | €629,040 | +€386,807 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €242,233 | €629,040 | +€386,807 | +160% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.