TANGO: 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.
TANGO
Largest movements
- Tangible fixed assets -€16,826
down €16,826 (-57.3%), from €29,340 to €12,514
of which Furniture and vehicles: -€15,943
- Cash +€16,117
up €16,117 (+12.5%), from €128,595 to €144,712
mainly Net result for the year (+€23,534) and Depreciation (+€16,730)
- Reserves +€23,534
new in 2025: €23,534
- Other debts -€22,227
down €22,227 (-42.9%), from €51,805 to €29,579
- Debts after one year -€8,574
down €8,574 (-100.0%), from €8,574 to €0
- Tax, wage and social debts +€7,811
up €7,811 (+17.2%), from €45,514 to €53,326
of which Remuneration and social security: +€8,252
- Current portion of long-term debt -€1,729
down €1,729 (-16.8%), from €10,303 to €8,574
- Gross operating margin +€20,848
up €20,848 (+12.5%), from €166,190 to €187,038
- Taxes +€8,368
up €8,368 (+215.0%), from €3,892 to €12,260
- Staff costs -€6,123
down €6,123 (-4.4%), from €138,818 to €132,695
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 | €168,682 | €166,452 | -€2,230 | -1.3% |
| Fixed assets | 21/28 | €29,340 | €12,514 | -€16,826 | -57.3% |
| Tangible fixed assets | 22/27 | €29,340 | €12,514 | -€16,826 | -57.3% |
| Plant, machinery and equipment | 23 | €1,399 | €515 | -€883 | -63.1% |
| Furniture and vehicles | 24 | €27,942 | €11,999 | -€15,943 | -57.1% |
| Current assets | 29/58 | €139,342 | €153,938 | +€14,596 | +10.5% |
| Amounts receivable within one year | 40/41 | €10,746 | €9,225 | -€1,521 | -14.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €10,746 | €9,225 | -€1,521 | -14.2% |
| Cash at bank and in hand | 54/58 | €128,595 | €144,712 | +€16,117 | +12.5% |
| Total equity and liabilities | 10/49 | €168,682 | €166,452 | -€2,230 | -1.3% |
| Equity | 10/15 | €43,968 | €67,502 | +€23,534 | +53.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €23,534 | +€23,534 | |
| Distributable reserves | 133 | - | €23,534 | +€23,534 | |
| Profit (loss) carried forward | 14 | €23,968 | €23,968 | = | 0.0% |
| Amounts payable | 17/49 | €124,714 | €98,950 | -€25,764 | -20.7% |
| Amounts payable after more than one year | 17 | €8,574 | €0 | -€8,574 | -100.0% |
| Financial debts | 170/4 | €8,574 | €0 | -€8,574 | -100.0% |
| Amounts payable within one year | 42/48 | €116,140 | €98,950 | -€17,190 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €10,303 | €8,574 | -€1,729 | -16.8% |
| Trade debts | 44 | €8,517 | €7,471 | -€1,046 | -12.3% |
| Suppliers | 440/4 | €8,517 | €7,471 | -€1,046 | -12.3% |
| Taxes, remuneration and social security | 45 | €45,514 | €53,326 | +€7,811 | +17.2% |
| Taxes | 450/3 | €14,809 | €14,368 | -€441 | -3.0% |
| Remuneration and social security | 454/9 | €30,706 | €38,957 | +€8,252 | +26.9% |
| Other amounts payable | 47/48 | €51,805 | €29,579 | -€22,227 | -42.9% |
| Remuneration, social security and pensions | 62 | €138,818 | €132,695 | -€6,123 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,934 | €16,730 | -€1,204 | -6.7% |
| Other operating charges | 640/8 | €454 | €1,079 | +€625 | +137.6% |
| Non-recurring operating charges | 66A | - | €1,170 | +€1,170 | |
| Gross operating margin | 9900 | €166,190 | €187,038 | +€20,848 | +12.5% |
| Operating profit (loss) | 9901 | €8,984 | €35,364 | +€26,380 | +293.6% |
| Financial income | 75/76B | €6 | €859 | +€854 | +15522.7% |
| Recurring financial income | 75 | €6 | €859 | +€854 | +15522.7% |
| Financial charges | 65/66B | €612 | €429 | -€183 | -29.9% |
| Recurring financial charges | 65 | €612 | €429 | -€183 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €8,378 | €35,794 | +€27,417 | +327.3% |
| Income taxes | 67/77 | €3,892 | €12,260 | +€8,368 | +215.0% |
| Profit (loss) for the period | 9904 | €4,486 | €23,534 | +€19,049 | +424.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,486 | €23,534 | +€19,049 | +424.6% |
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.