TANDEMGROEP: 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.
TANDEMGROEP
Largest movements
- Cash +€4,086
up €4,086 (+14.7%), from €27,786 to €31,872
mainly Net result for the year (+€31,583) and Tax, wage and social debts (+€2,636)
- Receivables within one year -€1,788
down €1,788 (-11.2%), from €15,929 to €14,141
of which Other amounts receivable: -€1,788
- Tangible fixed assets -€557
down €557 (-29.2%), from €1,908 to €1,351
of which Furniture and vehicles: -€434
- Tax, wage and social debts +€2,636
up €2,636 (+47.8%), from €5,517 to €8,154
- Trade debts -€1,014
down €1,014 (-43.0%), from €2,360 to €1,347
- Other debts +€512
up €512 (+1.8%), from €28,960 to €29,471
- Gross operating margin +€3,543
up €3,543 (+9.1%), from €38,889 to €42,432
- Taxes +€846
up €846 (+10.2%), from €8,323 to €9,169
- Depreciation -€460
down €460 (-45.2%), from €1,017 to €557
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 | €46,837 | €48,707 | +€1,870 | +4.0% |
| Fixed assets | 21/28 | €1,908 | €1,351 | -€557 | -29.2% |
| Tangible fixed assets | 22/27 | €1,908 | €1,351 | -€557 | -29.2% |
| Furniture and vehicles | 24 | €1,035 | €601 | -€434 | -42.0% |
| Other tangible fixed assets | 26 | €873 | €750 | -€123 | -14.1% |
| Current assets | 29/58 | €44,929 | €47,356 | +€2,427 | +5.4% |
| Amounts receivable within one year | 40/41 | €15,929 | €14,141 | -€1,788 | -11.2% |
| Trade receivables | 40 | €13,310 | €13,310 | = | 0.0% |
| Other amounts receivable | 41 | €2,619 | €831 | -€1,788 | -68.3% |
| Cash at bank and in hand | 54/58 | €27,786 | €31,872 | +€4,086 | +14.7% |
| Deferred charges and accrued income | 490/1 | €1,213 | €1,343 | +€130 | +10.7% |
| Total equity and liabilities | 10/49 | €46,837 | €48,707 | +€1,870 | +4.0% |
| Equity | 10/15 | €10,000 | €9,736 | -€265 | -2.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€265 | -€265 | |
| Amounts payable | 17/49 | €36,837 | €38,972 | +€2,134 | +5.8% |
| Amounts payable within one year | 42/48 | €36,837 | €38,972 | +€2,134 | +5.8% |
| Trade debts | 44 | €2,360 | €1,347 | -€1,014 | -43.0% |
| Suppliers | 440/4 | €2,360 | €1,347 | -€1,014 | -43.0% |
| Taxes, remuneration and social security | 45 | €5,517 | €8,154 | +€2,636 | +47.8% |
| Taxes | 450/3 | €5,517 | €8,154 | +€2,636 | +47.8% |
| Other amounts payable | 47/48 | €28,960 | €29,471 | +€512 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,017 | €557 | -€460 | -45.2% |
| Other operating charges | 640/8 | €1,238 | €973 | -€265 | -21.4% |
| Gross operating margin | 9900 | €38,889 | €42,432 | +€3,543 | +9.1% |
| Operating profit (loss) | 9901 | €36,634 | €40,902 | +€4,268 | +11.7% |
| Financial income | 75/76B | €1 | €1 | -€0 | -1.7% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -1.7% |
| Financial charges | 65/66B | €138 | €151 | +€12 | +8.8% |
| Recurring financial charges | 65 | €138 | €151 | +€12 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €36,496 | €40,752 | +€4,256 | +11.7% |
| Income taxes | 67/77 | €8,323 | €9,169 | +€846 | +10.2% |
| Profit (loss) for the period | 9904 | €28,173 | €31,583 | +€3,410 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,173 | €31,583 | +€3,410 | +12.1% |
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 19 October 2026 via checked.be.