TANGO NOVA: 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 NOVA
Largest movements
- Receivables within one year +€148,411
up €148,411 (+33.0%), from €450,317 to €598,728
of which Other amounts receivable: +€207,071
- Cash +€91,955
up €91,955 (+229.8%), from €40,021 to €131,975
mainly Net result for the year (+€174,596) and Depreciation (+€48,128)
- Tangible fixed assets -€43,128
down €43,128 (-27.3%), from €158,250 to €115,121
of which Furniture and vehicles: -€32,831
- Profit (loss) carried forward +€174,596
up €174,596 (+44.7%), from €390,666 to €565,262
- Trade debts -€41,493
down €41,493 (-85.5%), from €48,540 to €7,047
- Accrued charges and deferred income +€39,908
new in 2024: €39,908
- Tax, wage and social debts +€18,461
up €18,461 (+12.3%), from €149,582 to €168,043
of which Remuneration and social security: +€28,148
- Staff costs +€9,624
up €9,624 (+13.0%), from €74,315 to €83,939
- Taxes +€8,588
up €8,588 (+15.3%), from €56,250 to €64,838
- Gross operating margin -€4,170
down €4,170 (-1.1%), from €377,757 to €373,586
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €688,015 | €880,042 | +€192,028 | +27.9% |
| Fixed assets | 21/28 | €197,414 | €149,286 | -€48,128 | -24.4% |
| Intangible fixed assets | 21 | €39,164 | €34,164 | -€5,000 | -12.8% |
| Tangible fixed assets | 22/27 | €158,250 | €115,121 | -€43,128 | -27.3% |
| Furniture and vehicles | 24 | €119,372 | €86,542 | -€32,831 | -27.5% |
| Other tangible fixed assets | 26 | €38,878 | €28,580 | -€10,298 | -26.5% |
| Current assets | 29/58 | €490,601 | €730,757 | +€240,156 | +49.0% |
| Amounts receivable within one year | 40/41 | €450,317 | €598,728 | +€148,411 | +33.0% |
| Trade receivables | 40 | €58,659 | - | -€58,659 | |
| Other amounts receivable | 41 | €391,658 | €598,728 | +€207,071 | +52.9% |
| Cash at bank and in hand | 54/58 | €40,021 | €131,975 | +€91,955 | +229.8% |
| Deferred charges and accrued income | 490/1 | €263 | €53 | -€210 | -79.8% |
| Total equity and liabilities | 10/49 | €688,015 | €880,042 | +€192,028 | +27.9% |
| Equity | 10/15 | €390,666 | €565,262 | +€174,596 | +44.7% |
| Profit (loss) carried forward | 14 | €390,666 | €565,262 | +€174,596 | +44.7% |
| Amounts payable | 17/49 | €297,349 | €314,781 | +€17,432 | +5.9% |
| Amounts payable within one year | 42/48 | €297,349 | €274,872 | -€22,476 | -7.6% |
| Trade debts | 44 | €48,540 | €7,047 | -€41,493 | -85.5% |
| Suppliers | 440/4 | €48,540 | €7,047 | -€41,493 | -85.5% |
| Taxes, remuneration and social security | 45 | €149,582 | €168,043 | +€18,461 | +12.3% |
| Taxes | 450/3 | €132,094 | €122,407 | -€9,686 | -7.3% |
| Remuneration and social security | 454/9 | €17,489 | €45,636 | +€28,148 | +160.9% |
| Other amounts payable | 47/48 | €99,226 | €99,782 | +€555 | +0.6% |
| Accrued charges and deferred income | 492/3 | - | €39,908 | +€39,908 | |
| Remuneration, social security and pensions | 62 | €74,315 | €83,939 | +€9,624 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,944 | €48,128 | -€816 | -1.7% |
| Other operating charges | 640/8 | €1,675 | €1,877 | +€202 | +12.0% |
| Gross operating margin | 9900 | €377,757 | €373,586 | -€4,170 | -1.1% |
| Operating profit (loss) | 9901 | €252,822 | €239,642 | -€13,180 | -5.2% |
| Financial charges | 65/66B | €205 | €208 | +€3 | +1.3% |
| Recurring financial charges | 65 | €205 | €208 | +€3 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €252,617 | €239,434 | -€13,183 | -5.2% |
| Income taxes | 67/77 | €56,250 | €64,838 | +€8,588 | +15.3% |
| Profit (loss) for the period | 9904 | €196,367 | €174,596 | -€21,771 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €196,367 | €174,596 | -€21,771 | -11.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.