TANGUY DC: 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.
TANGUY DC
Largest movements
- Financial fixed assets +€1.0m
new in 2025: €1.0m
- Current investments +€265,000
up €265,000 (+1,514%), from €17,500 to €282,500
- Receivables within one year -€144,765
down €144,765 (-74.5%), from €194,249 to €49,484
of which Other amounts receivable: -€146,481
- Cash +€136,964
up €136,964 (+134%), from €102,462 to €239,426
mainly Other debts (+€482,043) and Debts after one year (+€474,135)
- Tangible fixed assets -€58,700
down €58,700 (-4.4%), from €1.3m to €1.3m
- Other debts +€482,043
up €482,043 (+114%), from €422,535 to €904,577
- Debts after one year +€474,135
up €474,135 (+2,989%), from €15,865 to €490,000
- Reserves +€211,833
up €211,833 (+19.7%), from €1.1m to €1.3m
- Current portion of long-term debt +€134,917
up €134,917 (+644%), from €20,948 to €155,865
- Tax, wage and social debts -€78,854
down €78,854 (-74.6%), from €105,652 to €26,798
- Gross operating margin +€51,407
up €51,407 (+14.6%), from €351,636 to €403,044
- Taxes +€13,896
up €13,896 (+17.5%), from €79,477 to €93,373
- Financial charges +€11,121
up €11,121 (+46.4%), from €23,955 to €35,076
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 | €1,654,807 | €2,890,379 | +€1.2m | +74.7% |
| Fixed assets | 21/28 | €1,338,979 | €2,317,279 | +€978,300 | +73.1% |
| Tangible fixed assets | 22/27 | €1,338,979 | €1,280,279 | -€58,700 | -4.4% |
| Land and buildings | 22 | €1,338,979 | €1,280,279 | -€58,700 | -4.4% |
| Financial fixed assets | 28 | - | €1,037,000 | +€1.0m | |
| Current assets | 29/58 | €315,827 | €573,099 | +€257,272 | +81.5% |
| Amounts receivable within one year | 40/41 | €194,249 | €49,484 | -€144,765 | -74.5% |
| Trade receivables | 40 | €41,140 | €42,856 | +€1,716 | +4.2% |
| Other amounts receivable | 41 | €153,109 | €6,627 | -€146,481 | -95.7% |
| Current investments | 50/53 | €17,500 | €282,500 | +€265,000 | +1,514% |
| Cash at bank and in hand | 54/58 | €102,462 | €239,426 | +€136,964 | +134% |
| Deferred charges and accrued income | 490/1 | €1,617 | €1,690 | +€73 | +4.5% |
| Total equity and liabilities | 10/49 | €1,654,807 | €2,890,379 | +€1.2m | +74.7% |
| Equity | 10/15 | €1,083,290 | €1,295,123 | +€211,833 | +19.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,073,290 | €1,285,123 | +€211,833 | +19.7% |
| Distributable reserves | 133 | €1,073,290 | €1,285,123 | +€211,833 | +19.7% |
| Amounts payable | 17/49 | €571,517 | €1,595,256 | +€1.0m | +179% |
| Amounts payable after more than one year | 17 | €15,865 | €490,000 | +€474,135 | +2,989% |
| Financial debts | 170/4 | €15,865 | €490,000 | +€474,135 | +2,989% |
| Amounts payable within one year | 42/48 | €552,462 | €1,100,837 | +€548,376 | +99.3% |
| Current portion of amounts payable after more than one year | 42 | €20,948 | €155,865 | +€134,917 | +644% |
| Trade debts | 44 | €3,327 | €13,597 | +€10,271 | +309% |
| Suppliers | 440/4 | €3,327 | €13,597 | +€10,271 | +309% |
| Taxes, remuneration and social security | 45 | €105,652 | €26,798 | -€78,854 | -74.6% |
| Taxes | 450/3 | €105,652 | €26,798 | -€78,854 | -74.6% |
| Other amounts payable | 47/48 | €422,535 | €904,577 | +€482,043 | +114% |
| Accrued charges and deferred income | 492/3 | €3,191 | €4,419 | +€1,228 | +38.5% |
| Non-recurring operating income | 76A | €2,548 | - | -€2,548 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,700 | €58,700 | = | 0.0% |
| Other operating charges | 640/8 | €7,510 | €8,721 | +€1,211 | +16.1% |
| Gross operating margin | 9900 | €351,636 | €403,044 | +€51,407 | +14.6% |
| Operating profit (loss) | 9901 | €285,427 | €335,623 | +€50,196 | +17.6% |
| Financial income | 75/76B | €1,547 | €4,660 | +€3,112 | +201% |
| Recurring financial income | 75 | €1,547 | €4,660 | +€3,112 | +201% |
| Financial charges | 65/66B | €23,955 | €35,076 | +€11,121 | +46.4% |
| Recurring financial charges | 65 | €23,955 | €35,076 | +€11,121 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €263,019 | €305,206 | +€42,187 | +16.0% |
| Income taxes | 67/77 | €79,477 | €93,373 | +€13,896 | +17.5% |
| Profit (loss) for the period | 9904 | €183,542 | €211,833 | +€28,291 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €183,542 | €211,833 | +€28,291 | +15.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.