Tandist: 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.
Tandist
Largest movements
- Tangible fixed assets +€404,412
up €404,412 (+512.0%), from €78,989 to €483,401
of which Land and buildings: +€370,332
- Receivables within one year +€55,695
up €55,695 (+395.7%), from €14,075 to €69,770
- Deferred charges and accrued income +€40,315
up €40,315 (+387.1%), from €10,416 to €50,731
- Cash -€12,671
down €12,671 (-22.9%), from €55,215 to €42,544
mainly Investment in fixed assets (net) (-€433,184) and Receivables within one year (-€55,695)
- Debts after one year +€290,669
new in 2025: €290,669
- Profit (loss) carried forward +€88,257
up €88,257 (+56.0%), from €157,501 to €245,758
- Other debts +€45,155
up €45,155 (+6584.5%), from €686 to €45,841
- Current portion of long-term debt +€36,281
new in 2025: €36,281
- Trade debts +€25,397
new in 2025: €25,397
- Gross operating margin +€178,560
up €178,560 (+1044.7%), from €17,092 to €195,652
- Staff costs +€46,281
new in 2025: €46,281
- Depreciation +€22,633
up €22,633 (+278.3%), from €8,131 to €30,764
- Taxes +€15,843
up €15,843 (+4093.6%), from €387 to €16,230
- Financial charges +€9,068
up €9,068 (+188.4%), from €4,814 to €13,883
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 | €160,687 | €646,446 | +€485,759 | +302.3% |
| Fixed assets | 21/28 | €80,981 | €483,401 | +€402,420 | +496.9% |
| Intangible fixed assets | 21 | €1,992 | - | -€1,992 | |
| Tangible fixed assets | 22/27 | €78,989 | €483,401 | +€404,412 | +512.0% |
| Land and buildings | 22 | €50,978 | €421,310 | +€370,332 | +726.4% |
| Plant, machinery and equipment | 23 | €18,542 | €40,194 | +€21,653 | +116.8% |
| Furniture and vehicles | 24 | €9,469 | €21,896 | +€12,428 | +131.3% |
| Current assets | 29/58 | €79,706 | €163,045 | +€83,339 | +104.6% |
| Amounts receivable within one year | 40/41 | €14,075 | €69,770 | +€55,695 | +395.7% |
| Other amounts receivable | 41 | €14,075 | €69,770 | +€55,695 | +395.7% |
| Cash at bank and in hand | 54/58 | €55,215 | €42,544 | -€12,671 | -22.9% |
| Deferred charges and accrued income | 490/1 | €10,416 | €50,731 | +€40,315 | +387.1% |
| Total equity and liabilities | 10/49 | €160,687 | €646,446 | +€485,759 | +302.3% |
| Equity | 10/15 | €160,001 | €248,258 | +€88,257 | +55.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,501 | €245,758 | +€88,257 | +56.0% |
| Amounts payable | 17/49 | €686 | €398,188 | +€397,502 | +57963.5% |
| Amounts payable after more than one year | 17 | - | €290,669 | +€290,669 | |
| Financial debts | 170/4 | - | €290,669 | +€290,669 | |
| Amounts payable within one year | 42/48 | €686 | €107,519 | +€106,834 | +15578.4% |
| Current portion of amounts payable after more than one year | 42 | - | €36,281 | +€36,281 | |
| Trade debts | 44 | - | €25,397 | +€25,397 | |
| Suppliers | 440/4 | - | €25,397 | +€25,397 | |
| Other amounts payable | 47/48 | €686 | €45,841 | +€45,155 | +6584.5% |
| Remuneration, social security and pensions | 62 | - | €46,281 | +€46,281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,131 | €30,764 | +€22,633 | +278.3% |
| Other operating charges | 640/8 | €109 | €238 | +€129 | +118.3% |
| Gross operating margin | 9900 | €17,092 | €195,652 | +€178,560 | +1044.7% |
| Operating profit (loss) | 9901 | €8,852 | €118,369 | +€109,517 | +1237.2% |
| Financial charges | 65/66B | €4,814 | €13,883 | +€9,068 | +188.4% |
| Recurring financial charges | 65 | €4,814 | €13,883 | +€9,068 | +188.4% |
| Profit (loss) for the period before taxes | 9903 | €4,038 | €104,486 | +€100,449 | +2487.7% |
| Income taxes | 67/77 | €387 | €16,230 | +€15,843 | +4093.6% |
| Profit (loss) for the period | 9904 | €3,651 | €88,257 | +€84,606 | +2317.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,651 | €88,257 | +€84,606 | +2317.5% |
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 4 October 2026 via checked.be.