TANGUYGO: 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.
TANGUYGO
Largest movements
- Receivables within one year +€22,865
up €22,865 (+1,876%), from €1,219 to €24,084
- Cash +€1,755
up €1,755 (+4.3%), from €40,501 to €42,256
mainly Net result for the year (+€25,406) and Other debts (+€7,059)
- Tangible fixed assets -€995
down €995 (-28.8%), from €3,457 to €2,462
- Deferred charges and accrued income -€700
no longer reported in 2025 (was €700)
- Profit (loss) carried forward +€18,347
up €18,347 (+57.8%), from €31,741 to €50,088
- Other debts +€7,059
new in 2025: €7,059
- Tax, wage and social debts -€2,057
down €2,057 (-17.5%), from €11,776 to €9,719
- Gross operating margin +€4,584
up €4,584 (+16.1%), from €28,469 to €33,053
- Taxes +€1,903
up €1,903 (+37.8%), from €5,029 to €6,932
- Financial income +€972
up €972 (+790%), from €123 to €1,095
- Other operating charges +€400
new in 2025: €400
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 | €45,877 | €68,802 | +€22,925 | +50.0% |
| Fixed assets | 21/28 | €3,457 | €2,462 | -€995 | -28.8% |
| Tangible fixed assets | 22/27 | €3,457 | €2,462 | -€995 | -28.8% |
| Furniture and vehicles | 24 | €3,457 | €2,462 | -€995 | -28.8% |
| Current assets | 29/58 | €42,420 | €66,340 | +€23,920 | +56.4% |
| Amounts receivable within one year | 40/41 | €1,219 | €24,084 | +€22,865 | +1,876% |
| Other amounts receivable | 41 | €1,219 | €24,084 | +€22,865 | +1,876% |
| Cash at bank and in hand | 54/58 | €40,501 | €42,256 | +€1,755 | +4.3% |
| Deferred charges and accrued income | 490/1 | €700 | - | -€700 | |
| Total equity and liabilities | 10/49 | €45,877 | €68,802 | +€22,925 | +50.0% |
| Equity | 10/15 | €33,241 | €51,588 | +€18,347 | +55.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,741 | €50,088 | +€18,347 | +57.8% |
| Amounts payable | 17/49 | €12,636 | €17,214 | +€4,578 | +36.2% |
| Amounts payable within one year | 42/48 | €12,636 | €17,214 | +€4,578 | +36.2% |
| Trade debts | 44 | €860 | €436 | -€424 | -49.3% |
| Suppliers | 440/4 | €860 | €436 | -€424 | -49.3% |
| Taxes, remuneration and social security | 45 | €11,776 | €9,719 | -€2,057 | -17.5% |
| Taxes | 450/3 | €11,776 | €9,719 | -€2,057 | -17.5% |
| Other amounts payable | 47/48 | - | €7,059 | +€7,059 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €995 | €995 | = | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €28,469 | €33,053 | +€4,584 | +16.1% |
| Operating profit (loss) | 9901 | €27,474 | €31,658 | +€4,184 | +15.2% |
| Financial income | 75/76B | €123 | €1,095 | +€972 | +790% |
| Recurring financial income | 75 | €123 | €1,095 | +€972 | +790% |
| Financial charges | 65/66B | €469 | €415 | -€54 | -11.5% |
| Recurring financial charges | 65 | €469 | €415 | -€54 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €27,128 | €32,338 | +€5,210 | +19.2% |
| Income taxes | 67/77 | €5,029 | €6,932 | +€1,903 | +37.8% |
| Profit (loss) for the period | 9904 | €22,099 | €25,406 | +€3,307 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,099 | €25,406 | +€3,307 | +15.0% |
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 28 October 2026 via checked.be.