Tandem 42: 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.
Tandem 42
Largest movements
- Cash +€19,480
up €19,480 (+8.4%), from €232,964 to €252,445
mainly Other debts (+€197,772) and Net result for the year (+€54,229)
- Other debts +€197,772
up €197,772 (+9,685%), from €2,042 to €199,814
- Profit (loss) carried forward -€178,708
down €178,708 (-76.7%), from €232,938 to €54,229
- Gross operating margin -€2,736
down €2,736 (-3.8%), from €72,543 to €69,807
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 | €249,201 | €268,394 | +€19,193 | +7.7% |
| Fixed assets | 21/28 | €1,295 | €601 | -€694 | -53.6% |
| Tangible fixed assets | 22/27 | €1,295 | €601 | -€694 | -53.6% |
| Furniture and vehicles | 24 | €1,295 | €601 | -€694 | -53.6% |
| Current assets | 29/58 | €247,906 | €267,793 | +€19,887 | +8.0% |
| Amounts receivable within one year | 40/41 | €14,111 | €14,571 | +€460 | +3.3% |
| Trade receivables | 40 | €13,915 | €13,915 | = | 0.0% |
| Other amounts receivable | 41 | €196 | €656 | +€460 | +235% |
| Cash at bank and in hand | 54/58 | €232,964 | €252,445 | +€19,480 | +8.4% |
| Deferred charges and accrued income | 490/1 | €831 | €778 | -€53 | -6.4% |
| Total equity and liabilities | 10/49 | €249,201 | €268,394 | +€19,193 | +7.7% |
| Equity | 10/15 | €237,938 | €59,229 | -€178,708 | -75.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €232,938 | €54,229 | -€178,708 | -76.7% |
| Amounts payable | 17/49 | €11,263 | €209,164 | +€197,901 | +1,757% |
| Amounts payable within one year | 42/48 | €11,263 | €209,164 | +€197,901 | +1,757% |
| Trade debts | 44 | €83 | €137 | +€54 | +64.8% |
| Suppliers | 440/4 | €83 | €137 | +€54 | +64.8% |
| Taxes, remuneration and social security | 45 | €9,138 | €9,214 | +€75 | +0.8% |
| Taxes | 450/3 | €9,138 | €9,214 | +€75 | +0.8% |
| Other amounts payable | 47/48 | €2,042 | €199,814 | +€197,772 | +9,685% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,385 | €694 | -€691 | -49.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €72,543 | €69,807 | -€2,736 | -3.8% |
| Operating profit (loss) | 9901 | €70,773 | €68,725 | -€2,048 | -2.9% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €76 | €151 | +€75 | +98.3% |
| Recurring financial charges | 65 | €76 | €151 | +€75 | +98.3% |
| Profit (loss) for the period before taxes | 9903 | €70,702 | €68,574 | -€2,128 | -3.0% |
| Income taxes | 67/77 | €14,807 | €14,344 | -€463 | -3.1% |
| Profit (loss) for the period | 9904 | €55,895 | €54,229 | -€1,665 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,895 | €54,229 | -€1,665 | -3.0% |
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 27 October 2026 via checked.be.