TANDCENTRUM GENT: 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.
TANDCENTRUM GENT
Largest movements
- Cash +€134,174
up €134,174 (+171%), from €78,276 to €212,449
mainly Trade debts (+€205,890) and Depreciation (+€43,703)
- Receivables within one year +€71,628
up €71,628 (+104%), from €68,892 to €140,520
of which Other amounts receivable: +€50,031
- Tangible fixed assets -€26,017
down €26,017 (-11.2%), from €232,784 to €206,767
of which Plant, machinery and equipment: -€17,266
- Trade debts +€205,890
up €205,890 (+118%), from €175,213 to €381,103
- Debts after one year -€29,367
down €29,367 (-18.4%), from €159,793 to €130,426
- Tax, wage and social debts +€11,092
up €11,092 (+44.4%), from €24,967 to €36,059
of which Remuneration and social security: +€8,160
- Staff costs +€73,033
up €73,033 (+34.3%), from €213,007 to €286,040
- Gross operating margin +€64,140
up €64,140 (+22.9%), from €280,294 to €344,433
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 | €402,089 | €586,886 | +€184,798 | +46.0% |
| Fixed assets | 21/28 | €234,412 | €208,755 | -€25,657 | -10.9% |
| Tangible fixed assets | 22/27 | €232,784 | €206,767 | -€26,017 | -11.2% |
| Land and buildings | 22 | €13,534 | €8,482 | -€5,051 | -37.3% |
| Plant, machinery and equipment | 23 | €183,538 | €166,273 | -€17,266 | -9.4% |
| Furniture and vehicles | 24 | €16,931 | €16,043 | -€887 | -5.2% |
| Other tangible fixed assets | 26 | €18,782 | €15,969 | -€2,813 | -15.0% |
| Financial fixed assets | 28 | €1,628 | €1,988 | +€360 | +22.1% |
| Current assets | 29/58 | €167,677 | €378,132 | +€210,455 | +126% |
| Amounts receivable within one year | 40/41 | €68,892 | €140,520 | +€71,628 | +104% |
| Trade receivables | 40 | €10,361 | €31,957 | +€21,597 | +208% |
| Other amounts receivable | 41 | €58,531 | €108,562 | +€50,031 | +85.5% |
| Current investments | 50/53 | €15,332 | €15,527 | +€195 | +1.3% |
| Cash at bank and in hand | 54/58 | €78,276 | €212,449 | +€134,174 | +171% |
| Deferred charges and accrued income | 490/1 | €5,178 | €9,636 | +€4,458 | +86.1% |
| Total equity and liabilities | 10/49 | €402,089 | €586,886 | +€184,798 | +46.0% |
| Equity | 10/15 | €6,360 | €6,959 | +€599 | +9.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,360 | €4,959 | +€599 | +13.7% |
| Distributable reserves | 133 | €4,360 | €4,959 | +€599 | +13.7% |
| Amounts payable | 17/49 | €395,729 | €579,928 | +€184,199 | +46.5% |
| Amounts payable after more than one year | 17 | €159,793 | €130,426 | -€29,367 | -18.4% |
| Financial debts | 170/4 | €159,793 | €130,426 | -€29,367 | -18.4% |
| Amounts payable within one year | 42/48 | €235,180 | €448,922 | +€213,742 | +90.9% |
| Current portion of amounts payable after more than one year | 42 | €34,543 | €31,760 | -€2,783 | -8.1% |
| Financial debts | 43 | €458 | €0 | -€458 | -100% |
| Credit institutions | 430/8 | €456 | €0 | -€456 | -100% |
| Other loans | 439 | €2 | €0 | -€2 | -100% |
| Trade debts | 44 | €175,213 | €381,103 | +€205,890 | +118% |
| Suppliers | 440/4 | €175,213 | €381,103 | +€205,890 | +118% |
| Taxes, remuneration and social security | 45 | €24,967 | €36,059 | +€11,092 | +44.4% |
| Taxes | 450/3 | €38 | €2,970 | +€2,932 | +7,710% |
| Remuneration and social security | 454/9 | €24,929 | €33,089 | +€8,160 | +32.7% |
| Accrued charges and deferred income | 492/3 | €755 | €580 | -€176 | -23.3% |
| Remuneration, social security and pensions | 62 | €213,007 | €286,040 | +€73,033 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,821 | €43,703 | +€2,882 | +7.1% |
| Other operating charges | 640/8 | €2,596 | €1,043 | -€1,552 | -59.8% |
| Non-recurring operating charges | 66A | €9,015 | €0 | -€9,015 | -100% |
| Gross operating margin | 9900 | €280,294 | €344,433 | +€64,140 | +22.9% |
| Operating profit (loss) | 9901 | €14,855 | €13,647 | -€1,208 | -8.1% |
| Financial income | 75/76B | €74 | €39 | -€35 | -47.5% |
| Recurring financial income | 75 | €74 | €39 | -€35 | -47.5% |
| Financial charges | 65/66B | €11,314 | €10,109 | -€1,205 | -10.6% |
| Recurring financial charges | 65 | €11,314 | €10,109 | -€1,205 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €3,615 | €3,577 | -€38 | -1.1% |
| Income taxes | 67/77 | €38 | €2,978 | +€2,940 | +7,731% |
| Profit (loss) for the period | 9904 | €3,577 | €599 | -€2,978 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,577 | €599 | -€2,978 | -83.3% |
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 26 October 2026 via checked.be.