TANDZORG PLUS: 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.
TANDZORG PLUS
Largest movements
- Cash +€53,553
up €53,553 (+45.1%), from €118,662 to €172,216
mainly Other debts (+€306,332) and Depreciation (+€123,260)
- Tangible fixed assets -€30,787
down €30,787 (-3.1%), from €983,172 to €952,385
of which Leasing and similar rights: -€28,439
- Stocks and contracts +€22,860
up €22,860 (+83.2%), from €27,482 to €50,343
- Other debts +€306,332
up €306,332 (+277.3%), from €110,476 to €416,808
- Trade debts -€265,625
down €265,625 (-71.1%), from €373,585 to €107,960
- Debts after one year -€41,139
down €41,139 (-10.1%), from €406,477 to €365,338
- Tax, wage and social debts +€21,295
up €21,295 (+325.5%), from €6,543 to €27,838
- Profit (loss) carried forward +€15,607
up €15,607 (+21.2%), from -€73,501 to -€57,894
- Gross operating margin +€456,208
up €456,208 (+2620.3%), from €17,410 to €473,618
- Staff costs +€241,219
up €241,219 (+394.4%), from €61,169 to €302,388
- Depreciation +€103,366
up €103,366 (+519.6%), from €19,895 to €123,260
- Financial charges +€17,311
up €17,311 (+235.5%), from €7,352 to €24,663
- Other operating charges +€5,478
up €5,478 (+217.6%), from €2,517 to €7,996
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 | €1,163,093 | €1,208,807 | +€45,714 | +3.9% |
| Fixed assets | 21/28 | €988,993 | €956,695 | -€32,298 | -3.3% |
| Intangible fixed assets | 21 | €5,821 | €4,310 | -€1,511 | -26.0% |
| Tangible fixed assets | 22/27 | €983,172 | €952,385 | -€30,787 | -3.1% |
| Land and buildings | 22 | €493,336 | €483,295 | -€10,041 | -2.0% |
| Plant, machinery and equipment | 23 | €132,042 | €128,788 | -€3,255 | -2.5% |
| Furniture and vehicles | 24 | €72,710 | €83,658 | +€10,948 | +15.1% |
| Leasing and similar rights | 25 | €285,083 | €256,644 | -€28,439 | -10.0% |
| Current assets | 29/58 | €174,100 | €252,112 | +€78,012 | +44.8% |
| Stocks and contracts in progress | 3 | €27,482 | €50,343 | +€22,860 | +83.2% |
| Stocks | 30/36 | €27,482 | €50,343 | +€22,860 | +83.2% |
| Amounts receivable within one year | 40/41 | €19,374 | €20,379 | +€1,005 | +5.2% |
| Trade receivables | 40 | €19,374 | €20,379 | +€1,005 | +5.2% |
| Cash at bank and in hand | 54/58 | €118,662 | €172,216 | +€53,553 | +45.1% |
| Deferred charges and accrued income | 490/1 | €8,582 | €9,175 | +€593 | +6.9% |
| Total equity and liabilities | 10/49 | €1,163,093 | €1,208,807 | +€45,714 | +3.9% |
| Equity | 10/15 | €226,499 | €242,106 | +€15,607 | +6.9% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,501 | -€57,894 | +€15,607 | +21.2% |
| Amounts payable | 17/49 | €936,594 | €966,701 | +€30,107 | +3.2% |
| Amounts payable after more than one year | 17 | €406,477 | €365,338 | -€41,139 | -10.1% |
| Financial debts | 170/4 | €406,477 | €365,338 | -€41,139 | -10.1% |
| Amounts payable within one year | 42/48 | €530,117 | €593,671 | +€63,554 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €39,513 | €41,064 | +€1,551 | +3.9% |
| Trade debts | 44 | €373,585 | €107,960 | -€265,625 | -71.1% |
| Suppliers | 440/4 | €373,585 | €107,960 | -€265,625 | -71.1% |
| Taxes, remuneration and social security | 45 | €6,543 | €27,838 | +€21,295 | +325.5% |
| Remuneration and social security | 454/9 | €6,543 | €27,838 | +€21,295 | +325.5% |
| Other amounts payable | 47/48 | €110,476 | €416,808 | +€306,332 | +277.3% |
| Accrued charges and deferred income | 492/3 | - | €7,693 | +€7,693 | |
| Remuneration, social security and pensions | 62 | €61,169 | €302,388 | +€241,219 | +394.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,895 | €123,260 | +€103,366 | +519.6% |
| Other operating charges | 640/8 | €2,517 | €7,996 | +€5,478 | +217.6% |
| Gross operating margin | 9900 | €17,410 | €473,618 | +€456,208 | +2620.3% |
| Operating profit (loss) | 9901 | -€66,171 | €39,974 | +€106,144 | |
| Financial income | 75/76B | €21 | €296 | +€275 | +1279.1% |
| Recurring financial income | 75 | €21 | €296 | +€275 | +1279.1% |
| Financial charges | 65/66B | €7,352 | €24,663 | +€17,311 | +235.5% |
| Recurring financial charges | 65 | €7,352 | €24,663 | +€17,311 | +235.5% |
| Profit (loss) for the period before taxes | 9903 | -€73,501 | €15,607 | +€89,109 | |
| Profit (loss) for the period | 9904 | -€73,501 | €15,607 | +€89,109 | |
| Profit (loss) for the period to be appropriated | 9905 | -€73,501 | €15,607 | +€89,109 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.