TANDGOED: what changed
Two fiscal 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.
TANDGOED
Largest movements
- Tangible fixed assets +€382,231
up €382,231 (+28.6%), from €1.3m to €1.7m
- Cash -€45,885
down €45,885 (-78.1%), from €58,723 to €12,838
mainly Investment in fixed assets (net) (-€508,126) and Net result for the year (-€65,870)
- Debts after one year +€426,316
up €426,316 (+33.5%), from €1.3m to €1.7m
- Profit (loss) carried forward -€65,870
down €65,870 (-90.0%), from -€73,219 to -€139,090
- Trade debts -€61,980
down €61,980 (-100.0%), from €61,980 to €0
- Depreciation +€93,177
up €93,177 (+284.8%), from €32,718 to €125,895
- Gross operating margin +€84,332
up €84,332 (+297.8%), from €28,316 to €112,648
- Financial charges +€24,692
up €24,692 (+110.0%), from €22,443 to €47,134
- Other operating charges -€8,590
down €8,590 (-61.0%), from €14,079 to €5,490
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.
Cash bridge derived
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 | €2,326,949 | €2,662,561 | +€335,612 | +14.4% |
| Fixed assets | 21/28 | €2,267,492 | €2,649,723 | +€382,231 | +16.9% |
| Tangible fixed assets | 22/27 | €1,337,492 | €1,719,723 | +€382,231 | +28.6% |
| Land and buildings | 22 | €1,337,492 | €1,719,723 | +€382,231 | +28.6% |
| Financial fixed assets | 28 | €930,000 | €930,000 | = | 0.0% |
| Current assets | 29/58 | €59,457 | €12,838 | -€46,619 | -78.4% |
| Cash at bank and in hand | 54/58 | €58,723 | €12,838 | -€45,885 | -78.1% |
| Deferred charges and accrued income | 490/1 | €734 | €0 | -€734 | -100.0% |
| Total equity and liabilities | 10/49 | €2,326,949 | €2,662,561 | +€335,612 | +14.4% |
| Equity | 10/15 | €856,781 | €790,910 | -€65,870 | -7.7% |
| Contributions | 10/11 | €930,000 | €930,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,219 | -€139,090 | -€65,870 | -90.0% |
| Amounts payable | 17/49 | €1,470,169 | €1,871,651 | +€401,482 | +27.3% |
| Amounts payable after more than one year | 17 | €1,272,592 | €1,698,908 | +€426,316 | +33.5% |
| Financial debts | 170/4 | €1,272,592 | €1,698,908 | +€426,316 | +33.5% |
| Amounts payable within one year | 42/48 | €194,731 | €168,603 | -€26,128 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €74,220 | €100,071 | +€25,851 | +34.8% |
| Trade debts | 44 | €61,980 | €0 | -€61,980 | -100.0% |
| Suppliers | 440/4 | €61,980 | €0 | -€61,980 | -100.0% |
| Other amounts payable | 47/48 | €58,531 | €68,531 | +€10,000 | +17.1% |
| Accrued charges and deferred income | 492/3 | €2,846 | €4,140 | +€1,295 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,718 | €125,895 | +€93,177 | +284.8% |
| Other operating charges | 640/8 | €14,079 | €5,490 | -€8,590 | -61.0% |
| Gross operating margin | 9900 | €28,316 | €112,648 | +€84,332 | +297.8% |
| Operating profit (loss) | 9901 | -€18,482 | -€18,736 | -€254 | -1.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €22,443 | €47,134 | +€24,692 | +110.0% |
| Recurring financial charges | 65 | €22,443 | €47,134 | +€24,692 | +110.0% |
| Profit (loss) for the period before taxes | 9903 | -€40,925 | -€65,870 | -€24,946 | -61.0% |
| Profit (loss) for the period | 9904 | -€40,925 | -€65,870 | -€24,946 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,925 | -€65,870 | -€24,946 | -61.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.