TandEmm: 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.
TandEmm
Largest movements
- Cash +€71,570
up €71,570 (+152%), from €47,120 to €118,689
mainly Other debts (+€121,002) and Net result for the year (+€87,697)
- Receivables after one year -€45,000
no longer reported in 2025 (was €45,000)
- Tangible fixed assets +€3,097
up €3,097 (+9.8%), from €31,580 to €34,676
of which Plant, machinery and equipment: +€2,920
- Other debts +€121,002
up €121,002 (+15,601%), from €776 to €121,777
- Reserves -€93,272
no longer reported in 2025 (was €93,272)
- Debts after one year -€5,161
down €5,161 (-70.3%), from €7,343 to €2,182
- Trade debts +€3,671
up €3,671 (+82.8%), from €4,431 to €8,101
- Tax, wage and social debts +€2,282
up €2,282 (+24.2%), from €9,447 to €11,729
- Gross operating margin +€27,527
up €27,527 (+29.4%), from €93,618 to €121,145
- Taxes +€6,303
up €6,303 (+34.0%), from €18,524 to €24,827
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 | €125,362 | €153,951 | +€28,589 | +22.8% |
| Fixed assets | 21/28 | €31,580 | €34,676 | +€3,097 | +9.8% |
| Tangible fixed assets | 22/27 | €31,580 | €34,676 | +€3,097 | +9.8% |
| Land and buildings | 22 | €23,182 | €24,788 | +€1,606 | +6.9% |
| Plant, machinery and equipment | 23 | €4,765 | €7,684 | +€2,920 | +61.3% |
| Furniture and vehicles | 24 | €3,633 | €2,204 | -€1,429 | -39.3% |
| Current assets | 29/58 | €93,782 | €119,275 | +€25,493 | +27.2% |
| Amounts receivable after more than one year | 29 | €45,000 | - | -€45,000 | |
| Trade receivables | 290 | €45,000 | - | -€45,000 | |
| Amounts receivable within one year | 40/41 | €1,127 | €173 | -€954 | -84.7% |
| Trade receivables | 40 | €1,127 | - | -€1,127 | |
| Other amounts receivable | 41 | - | €173 | +€173 | |
| Cash at bank and in hand | 54/58 | €47,120 | €118,689 | +€71,570 | +152% |
| Deferred charges and accrued income | 490/1 | €535 | €412 | -€123 | -23.0% |
| Total equity and liabilities | 10/49 | €125,362 | €153,951 | +€28,589 | +22.8% |
| Equity | 10/15 | €98,272 | €5,000 | -€93,272 | -94.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €93,272 | - | -€93,272 | |
| Distributable reserves | 133 | €93,272 | - | -€93,272 | |
| Amounts payable | 17/49 | €27,089 | €148,951 | +€121,861 | +450% |
| Amounts payable after more than one year | 17 | €7,343 | €2,182 | -€5,161 | -70.3% |
| Financial debts | 170/4 | €7,343 | €2,182 | -€5,161 | -70.3% |
| Amounts payable within one year | 42/48 | €19,746 | €146,769 | +€127,023 | +643% |
| Current portion of amounts payable after more than one year | 42 | €5,058 | €5,161 | +€103 | +2.0% |
| Financial debts | 43 | €35 | - | -€35 | |
| Credit institutions | 430/8 | €35 | - | -€35 | |
| Trade debts | 44 | €4,431 | €8,101 | +€3,671 | +82.8% |
| Suppliers | 440/4 | €4,431 | €8,101 | +€3,671 | +82.8% |
| Taxes, remuneration and social security | 45 | €9,447 | €11,729 | +€2,282 | +24.2% |
| Taxes | 450/3 | €9,447 | €11,729 | +€2,282 | +24.2% |
| Other amounts payable | 47/48 | €776 | €121,777 | +€121,002 | +15,601% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,778 | €7,651 | +€873 | +12.9% |
| Other operating charges | 640/8 | €310 | €661 | +€351 | +113% |
| Gross operating margin | 9900 | €93,618 | €121,145 | +€27,527 | +29.4% |
| Operating profit (loss) | 9901 | €86,531 | €112,834 | +€26,303 | +30.4% |
| Financial income | 75/76B | - | €65 | +€65 | |
| Recurring financial income | 75 | - | €65 | +€65 | |
| Financial charges | 65/66B | €513 | €375 | -€138 | -26.9% |
| Recurring financial charges | 65 | €513 | €375 | -€138 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €86,018 | €112,524 | +€26,506 | +30.8% |
| Income taxes | 67/77 | €18,524 | €24,827 | +€6,303 | +34.0% |
| Profit (loss) for the period | 9904 | €67,494 | €87,697 | +€20,203 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,494 | €87,697 | +€20,203 | +29.9% |
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.