TANG'S: 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.
TANG'S
Largest movements
- Tangible fixed assets -€14,915
down €14,915 (-4.2%), from €358,398 to €343,483
of which Land and buildings: -€12,181
- Receivables after one year -€10,000
down €10,000 (-12.5%), from €80,000 to €70,000
- Receivables within one year -€5,523
down €5,523 (-80.2%), from €6,890 to €1,367
of which Other amounts receivable: -€5,523
- Stocks and contracts +€5,521
up €5,521 (+1,577%), from €350 to €5,871
- Debts after one year -€24,389
down €24,389 (-14.4%), from €169,055 to €144,666
- Profit (loss) carried forward -€16,921
new in 2025: -€16,921
- Other debts +€8,335
up €8,335 (+35.2%), from €23,713 to €32,048
- Tax, wage and social debts +€5,419
up €5,419 (+2,881%), from €188 to €5,607
of which Remuneration and social security: +€2,727
- Gross operating margin -€31,455
down €31,455 (-46.5%), from €67,619 to €36,165
- Depreciation -€22,978
down €22,978 (-56.6%), from €40,608 to €17,630
- Taxes +€7,769
up €7,769, from -€7,567 to €202
- Staff costs +€3,701
up €3,701 (+15.8%), from €23,415 to €27,117
- Financial charges -€1,506
down €1,506 (-18.1%), from €8,342 to €6,836
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 | €476,069 | €448,720 | -€27,349 | -5.7% |
| Fixed assets | 21/28 | €358,398 | €343,483 | -€14,915 | -4.2% |
| Tangible fixed assets | 22/27 | €358,398 | €343,483 | -€14,915 | -4.2% |
| Land and buildings | 22 | €346,126 | €333,945 | -€12,181 | -3.5% |
| Plant, machinery and equipment | 23 | €12,272 | €9,537 | -€2,735 | -22.3% |
| Current assets | 29/58 | €117,671 | €105,237 | -€12,434 | -10.6% |
| Amounts receivable after more than one year | 29 | €80,000 | €70,000 | -€10,000 | -12.5% |
| Other amounts receivable | 291 | €80,000 | €70,000 | -€10,000 | -12.5% |
| Stocks and contracts in progress | 3 | €350 | €5,871 | +€5,521 | +1,577% |
| Stocks | 30/36 | €350 | €5,871 | +€5,521 | +1,577% |
| Amounts receivable within one year | 40/41 | €6,890 | €1,367 | -€5,523 | -80.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,890 | €1,367 | -€5,523 | -80.2% |
| Cash at bank and in hand | 54/58 | €27,798 | €28,000 | +€201 | +0.7% |
| Deferred charges and accrued income | 490/1 | €2,633 | €0 | -€2,633 | -100% |
| Total equity and liabilities | 10/49 | €476,069 | €448,720 | -€27,349 | -5.7% |
| Equity | 10/15 | €256,994 | €240,073 | -€16,921 | -6.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €238,402 | €238,402 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,120 | €42,120 | = | 0.0% |
| Distributable reserves | 133 | €196,282 | €196,282 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,921 | -€16,921 | |
| Amounts payable | 17/49 | €219,075 | €208,647 | -€10,428 | -4.8% |
| Amounts payable after more than one year | 17 | €169,055 | €144,666 | -€24,389 | -14.4% |
| Financial debts | 170/4 | €169,055 | €144,666 | -€24,389 | -14.4% |
| Amounts payable within one year | 42/48 | €50,020 | €63,981 | +€13,961 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €25,291 | €24,389 | -€902 | -3.6% |
| Trade debts | 44 | €828 | €1,936 | +€1,108 | +134% |
| Suppliers | 440/4 | €828 | €1,936 | +€1,108 | +134% |
| Taxes, remuneration and social security | 45 | €188 | €5,607 | +€5,419 | +2,881% |
| Taxes | 450/3 | €188 | €2,880 | +€2,692 | +1,431% |
| Remuneration and social security | 454/9 | €0 | €2,727 | +€2,727 | |
| Other amounts payable | 47/48 | €23,713 | €32,048 | +€8,335 | +35.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €23,415 | €27,117 | +€3,701 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,608 | €17,630 | -€22,978 | -56.6% |
| Other operating charges | 640/8 | €2,936 | €2,538 | -€398 | -13.6% |
| Gross operating margin | 9900 | €67,619 | €36,165 | -€31,455 | -46.5% |
| Operating profit (loss) | 9901 | €660 | -€11,121 | -€11,780 | |
| Financial income | 75/76B | €1,372 | €1,237 | -€135 | -9.8% |
| Recurring financial income | 75 | €1,372 | €1,237 | -€135 | -9.8% |
| Financial charges | 65/66B | €8,342 | €6,836 | -€1,506 | -18.1% |
| Recurring financial charges | 65 | €8,342 | €6,836 | -€1,506 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,310 | -€16,719 | -€10,409 | -165% |
| Income taxes | 67/77 | -€7,567 | €202 | +€7,769 | |
| Profit (loss) for the period | 9904 | €1,257 | -€16,921 | -€18,178 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,257 | -€16,921 | -€18,178 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.