TANE: 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.
TANE
Largest movements
- Tangible fixed assets -€47,127
down €47,127 (-3.6%), from €1.3m to €1.2m
of which Land and buildings: -€37,866
- Cash +€35,631
up €35,631 (+129.5%), from €27,511 to €63,142
mainly Depreciation (+€77,532) and Deferred charges and accrued income (+€1,401)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€9,206
up €9,206 (+10.3%), from €89,491 to €98,697
- Depreciation +€7,245
up €7,245 (+10.3%), from €70,287 to €77,532
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 | €1,325,982 | €1,313,085 | -€12,897 | -1.0% |
| Fixed assets | 21/28 | €1,294,021 | €1,246,894 | -€47,127 | -3.6% |
| Tangible fixed assets | 22/27 | €1,294,021 | €1,246,894 | -€47,127 | -3.6% |
| Land and buildings | 22 | €1,236,588 | €1,198,722 | -€37,866 | -3.1% |
| Plant, machinery and equipment | 23 | €5,568 | €3,587 | -€1,981 | -35.6% |
| Furniture and vehicles | 24 | €51,864 | €44,585 | -€7,280 | -14.0% |
| Current assets | 29/58 | €31,960 | €66,191 | +€34,230 | +107.1% |
| Cash at bank and in hand | 54/58 | €27,511 | €63,142 | +€35,631 | +129.5% |
| Deferred charges and accrued income | 490/1 | €4,449 | €3,049 | -€1,401 | -31.5% |
| Total equity and liabilities | 10/49 | €1,325,982 | €1,313,085 | -€12,897 | -1.0% |
| Equity | 10/15 | €1,268,013 | €1,268,969 | +€956 | +0.1% |
| Contributions | 10/11 | €1,064,580 | €1,064,580 | = | 0.0% |
| Reserves | 13 | €203,433 | €204,389 | +€956 | +0.5% |
| Distributable reserves | 133 | €203,433 | €204,389 | +€956 | +0.5% |
| Amounts payable | 17/49 | €57,969 | €44,116 | -€13,853 | -23.9% |
| Amounts payable after more than one year | 17 | €41,848 | €30,176 | -€11,673 | -27.9% |
| Financial debts | 170/4 | €41,848 | €30,176 | -€11,673 | -27.9% |
| Amounts payable within one year | 42/48 | €15,280 | €13,940 | -€1,340 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €11,223 | €11,673 | +€450 | +4.0% |
| Trade debts | 44 | €3,719 | €1,502 | -€2,217 | -59.6% |
| Suppliers | 440/4 | €3,719 | €1,502 | -€2,217 | -59.6% |
| Taxes, remuneration and social security | 45 | €338 | €766 | +€428 | +126.5% |
| Taxes | 450/3 | €338 | €766 | +€428 | +126.5% |
| Accrued charges and deferred income | 492/3 | €840 | - | -€840 | |
| Non-recurring operating income | 76A | - | €1,053 | +€1,053 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,287 | €77,532 | +€7,245 | +10.3% |
| Other operating charges | 640/8 | €16,893 | €17,536 | +€643 | +3.8% |
| Gross operating margin | 9900 | €89,491 | €98,697 | +€9,206 | +10.3% |
| Operating profit (loss) | 9901 | €2,311 | €3,629 | +€1,318 | +57.0% |
| Financial income | 75/76B | €87 | €4 | -€83 | -95.2% |
| Recurring financial income | 75 | €87 | €4 | -€83 | -95.2% |
| Financial charges | 65/66B | €1,426 | €1,912 | +€485 | +34.0% |
| Recurring financial charges | 65 | €1,426 | €1,912 | +€485 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €971 | €1,722 | +€750 | +77.2% |
| Income taxes | 67/77 | €338 | €766 | +€428 | +126.5% |
| Profit (loss) for the period | 9904 | €633 | €956 | +€323 | +50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €633 | €956 | +€323 | +50.9% |
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 4 October 2026 via checked.be.