TANDPUNT: 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.
TANDPUNT
Largest movements
- Tangible fixed assets -€54,028
down €54,028 (-4.2%), from €1.3m to €1.2m
of which Land and buildings: -€49,106
- Cash -€29,733
down €29,733 (-18.5%), from €160,378 to €130,644
mainly Debts after one year (-€83,929) and Accrued charges and deferred income (-€19,601)
- Debts after one year -€83,929
down €83,929 (-6.4%), from €1.3m to €1.2m
- Reserves +€23,653
up €23,653 (+699%), from €3,384 to €27,037
- Accrued charges and deferred income -€19,601
down €19,601 (-51.4%), from €38,122 to €18,520
- Gross operating margin -€29,022
down €29,022 (-14.7%), from €197,291 to €168,268
- Staff costs +€3,993
up €3,993 (+11.3%), from €35,338 to €39,332
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 | €1,471,668 | €1,389,324 | -€82,345 | -5.6% |
| Fixed assets | 21/28 | €1,290,911 | €1,236,883 | -€54,028 | -4.2% |
| Tangible fixed assets | 22/27 | €1,290,520 | €1,236,492 | -€54,028 | -4.2% |
| Land and buildings | 22 | €1,177,831 | €1,128,725 | -€49,106 | -4.2% |
| Plant, machinery and equipment | 23 | €84,592 | €82,425 | -€2,168 | -2.6% |
| Furniture and vehicles | 24 | €594 | - | -€594 | |
| Leasing and similar rights | 25 | €27,502 | €25,343 | -€2,159 | -7.9% |
| Financial fixed assets | 28 | €391 | €391 | = | 0.0% |
| Current assets | 29/58 | €180,758 | €152,440 | -€28,317 | -15.7% |
| Stocks and contracts in progress | 3 | €11,458 | €11,801 | +€343 | +3.0% |
| Stocks | 30/36 | €11,458 | €11,801 | +€343 | +3.0% |
| Amounts receivable within one year | 40/41 | €5,932 | €2,215 | -€3,717 | -62.7% |
| Trade receivables | 40 | €16 | €108 | +€92 | +573% |
| Other amounts receivable | 41 | €5,916 | €2,107 | -€3,809 | -64.4% |
| Cash at bank and in hand | 54/58 | €160,378 | €130,644 | -€29,733 | -18.5% |
| Deferred charges and accrued income | 490/1 | €2,989 | €7,780 | +€4,790 | +160% |
| Total equity and liabilities | 10/49 | €1,471,668 | €1,389,324 | -€82,345 | -5.6% |
| Equity | 10/15 | €9,584 | €33,237 | +€23,653 | +247% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,384 | €27,037 | +€23,653 | +699% |
| Distributable reserves | 133 | €3,384 | €27,037 | +€23,653 | +699% |
| Amounts payable | 17/49 | €1,462,085 | €1,356,087 | -€105,997 | -7.2% |
| Amounts payable after more than one year | 17 | €1,315,692 | €1,231,763 | -€83,929 | -6.4% |
| Financial debts | 170/4 | €1,315,692 | €1,231,763 | -€83,929 | -6.4% |
| Amounts payable within one year | 42/48 | €108,271 | €105,804 | -€2,467 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €88,831 | €90,030 | +€1,199 | +1.3% |
| Trade debts | 44 | €12,170 | €6,081 | -€6,089 | -50.0% |
| Suppliers | 440/4 | €12,170 | €6,081 | -€6,089 | -50.0% |
| Taxes, remuneration and social security | 45 | €5,697 | €8,120 | +€2,424 | +42.5% |
| Taxes | 450/3 | - | €33 | +€33 | |
| Remuneration and social security | 454/9 | €5,697 | €8,088 | +€2,391 | +42.0% |
| Other amounts payable | 47/48 | €1,573 | €1,573 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €38,122 | €18,520 | -€19,601 | -51.4% |
| Remuneration, social security and pensions | 62 | €35,338 | €39,332 | +€3,993 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,232 | €72,589 | -€644 | -0.9% |
| Other operating charges | 640/8 | €4,923 | €5,252 | +€329 | +6.7% |
| Gross operating margin | 9900 | €197,291 | €168,268 | -€29,022 | -14.7% |
| Operating profit (loss) | 9901 | €83,797 | €51,096 | -€32,701 | -39.0% |
| Financial income | 75/76B | €9 | €360 | +€351 | +3,879% |
| Recurring financial income | 75 | €9 | €360 | +€351 | +3,879% |
| Financial charges | 65/66B | €28,854 | €27,802 | -€1,052 | -3.6% |
| Recurring financial charges | 65 | €28,854 | €27,802 | -€1,052 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €54,952 | €23,653 | -€31,299 | -57.0% |
| Profit (loss) for the period | 9904 | €54,952 | €23,653 | -€31,299 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,952 | €23,653 | -€31,299 | -57.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.