TANK GROUP: 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.
TANK GROUP
Largest movements
- Current investments +€134,505
up €134,505 (+108%), from €125,093 to €259,598
- Cash +€26,111
up €26,111 (+378%), from €6,903 to €33,013
mainly Net result for the year (+€644,965) and Other debts (+€595,321)
- Tangible fixed assets -€20,820
down €20,820 (-5.6%), from €369,069 to €348,249
of which Land and buildings: -€14,484
- Other debts +€595,321
new in 2025: €595,321
- Reserves -€539,976
down €539,976 (-100%), from €539,976 to €0
- Tax, wage and social debts +€99,001
up €99,001 (+2,708%), from €3,656 to €102,657
of which Taxes: +€98,895
- Debts after one year -€12,117
down €12,117 (-18.3%), from €66,252 to €54,135
- Gross operating margin +€145,082
up €145,082 (+19.0%), from €763,491 to €908,573
- Taxes +€35,454
up €35,454 (+20.2%), from €175,787 to €211,240
- Other operating charges -€9,763
down €9,763 (-72.8%), from €13,412 to €3,649
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 | €632,782 | €773,484 | +€140,702 | +22.2% |
| Fixed assets | 21/28 | €369,069 | €348,249 | -€20,820 | -5.6% |
| Tangible fixed assets | 22/27 | €369,069 | €348,249 | -€20,820 | -5.6% |
| Land and buildings | 22 | €328,524 | €314,040 | -€14,484 | -4.4% |
| Plant, machinery and equipment | 23 | €31,607 | €24,241 | -€7,366 | -23.3% |
| Furniture and vehicles | 24 | €8,939 | €5,770 | -€3,169 | -35.4% |
| Other tangible fixed assets | 26 | - | €4,199 | +€4,199 | |
| Current assets | 29/58 | €263,713 | €425,235 | +€161,522 | +61.2% |
| Amounts receivable within one year | 40/41 | €131,717 | €132,623 | +€906 | +0.7% |
| Trade receivables | 40 | €57,871 | €63,467 | +€5,596 | +9.7% |
| Other amounts receivable | 41 | €73,846 | €69,156 | -€4,690 | -6.4% |
| Current investments | 50/53 | €125,093 | €259,598 | +€134,505 | +108% |
| Cash at bank and in hand | 54/58 | €6,903 | €33,013 | +€26,111 | +378% |
| Total equity and liabilities | 10/49 | €632,782 | €773,484 | +€140,702 | +22.2% |
| Equity | 10/15 | €540,976 | €1,000 | -€539,976 | -99.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €539,976 | €0 | -€539,976 | -100% |
| Distributable reserves | 133 | €539,976 | €0 | -€539,976 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €91,806 | €772,484 | +€680,678 | +741% |
| Amounts payable after more than one year | 17 | €66,252 | €54,135 | -€12,117 | -18.3% |
| Financial debts | 170/4 | €66,252 | €54,135 | -€12,117 | -18.3% |
| Amounts payable within one year | 42/48 | €25,554 | €718,349 | +€692,795 | +2,711% |
| Current portion of amounts payable after more than one year | 42 | €11,980 | €12,117 | +€138 | +1.1% |
| Financial debts | 43 | €9 | €9 | = | 0.0% |
| Credit institutions | 430/8 | €9 | €9 | = | 0.0% |
| Trade debts | 44 | €9,909 | €8,245 | -€1,665 | -16.8% |
| Suppliers | 440/4 | €9,909 | €8,245 | -€1,665 | -16.8% |
| Taxes, remuneration and social security | 45 | €3,656 | €102,657 | +€99,001 | +2,708% |
| Taxes | 450/3 | - | €98,895 | +€98,895 | |
| Remuneration and social security | 454/9 | €3,656 | €3,761 | +€106 | +2.9% |
| Other amounts payable | 47/48 | - | €595,321 | +€595,321 | |
| Remuneration, social security and pensions | 62 | €17,807 | €19,491 | +€1,685 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,156 | €27,276 | +€119 | +0.4% |
| Other operating charges | 640/8 | €13,412 | €3,649 | -€9,763 | -72.8% |
| Gross operating margin | 9900 | €763,491 | €908,573 | +€145,082 | +19.0% |
| Operating profit (loss) | 9901 | €705,117 | €858,157 | +€153,041 | +21.7% |
| Financial income | 75/76B | €11,772 | €6,376 | -€5,397 | -45.8% |
| Recurring financial income | 75 | €11,772 | €6,376 | -€5,397 | -45.8% |
| Financial charges | 65/66B | €1,127 | €8,327 | +€7,200 | +639% |
| Recurring financial charges | 65 | €1,127 | €8,327 | +€7,200 | +639% |
| Profit (loss) for the period before taxes | 9903 | €715,762 | €856,206 | +€140,443 | +19.6% |
| Income taxes | 67/77 | €175,787 | €211,240 | +€35,454 | +20.2% |
| Profit (loss) for the period | 9904 | €539,976 | €644,965 | +€104,990 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €539,976 | €644,965 | +€104,990 | +19.4% |
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 29 October 2026 via checked.be.