TANK PROCESS: 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.
TANK PROCESS
Largest movements
- Current investments +€24,360
up €24,360 (+81.2%), from €30,000 to €54,360
- Cash +€23,061
up €23,061 (+78.2%), from €29,471 to €52,531
mainly Other debts (+€63,750) and Net result for the year (+€48,302)
- Stocks and contracts -€11,753
down €11,753 (-77.9%), from €15,084 to €3,332
- Receivables within one year -€4,888
down €4,888 (-25.3%), from €19,293 to €14,405
of which Trade receivables: -€11,822
- Other debts +€63,750
new in 2025: €63,750
- Profit (loss) carried forward -€26,698
down €26,698 (-26.7%), from €99,830 to €73,132
- Debts after one year -€24,199
down €24,199 (-10.5%), from €229,399 to €205,201
- Current portion of long-term debt +€10,252
up €10,252 (+52.1%), from €19,684 to €29,936
- Short-term financial debts +€4,820
new in 2025: €4,820
- Gross operating margin +€12,142
up €12,142 (+13.8%), from €88,133 to €100,275
- Depreciation +€11,610
up €11,610 (+87.1%), from €13,336 to €24,947
- Other operating charges +€3,618
up €3,618 (+466.7%), from €775 to €4,393
- Financial charges +€3,458
up €3,458 (+46.5%), from €7,442 to €10,900
- Taxes -€1,150
down €1,150 (-8.1%), from €14,228 to €13,077
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 | €392,475 | €418,508 | +€26,033 | +6.6% |
| Fixed assets | 21/28 | €288,578 | €287,864 | -€715 | -0.2% |
| Tangible fixed assets | 22/27 | €288,578 | €287,864 | -€715 | -0.2% |
| Land and buildings | 22 | €263,148 | €257,790 | -€5,358 | -2.0% |
| Plant, machinery and equipment | 23 | €564 | €8,147 | +€7,583 | +1343.4% |
| Furniture and vehicles | 24 | €20,995 | €17,635 | -€3,361 | -16.0% |
| Other tangible fixed assets | 26 | €3,870 | €4,292 | +€422 | +10.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €103,896 | €130,644 | +€26,748 | +25.7% |
| Stocks and contracts in progress | 3 | €15,084 | €3,332 | -€11,753 | -77.9% |
| Stocks | 30/36 | €15,084 | €3,332 | -€11,753 | -77.9% |
| Amounts receivable within one year | 40/41 | €19,293 | €14,405 | -€4,888 | -25.3% |
| Trade receivables | 40 | €19,258 | €7,436 | -€11,822 | -61.4% |
| Other amounts receivable | 41 | €35 | €6,970 | +€6,935 | +19807.3% |
| Current investments | 50/53 | €30,000 | €54,360 | +€24,360 | +81.2% |
| Cash at bank and in hand | 54/58 | €29,471 | €52,531 | +€23,061 | +78.2% |
| Deferred charges and accrued income | 490/1 | €10,049 | €6,016 | -€4,032 | -40.1% |
| Total equity and liabilities | 10/49 | €392,475 | €418,508 | +€26,033 | +6.6% |
| Equity | 10/15 | €109,830 | €83,132 | -€26,698 | -24.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,830 | €73,132 | -€26,698 | -26.7% |
| Amounts payable | 17/49 | €282,645 | €335,376 | +€52,731 | +18.7% |
| Amounts payable after more than one year | 17 | €229,399 | €205,201 | -€24,199 | -10.5% |
| Financial debts | 170/4 | €229,399 | €205,201 | -€24,199 | -10.5% |
| Amounts payable within one year | 42/48 | €53,245 | €130,175 | +€76,930 | +144.5% |
| Current portion of amounts payable after more than one year | 42 | €19,684 | €29,936 | +€10,252 | +52.1% |
| Financial debts | 43 | - | €4,820 | +€4,820 | |
| Credit institutions | 430/8 | - | €4,820 | +€4,820 | |
| Trade debts | 44 | €8,913 | €7,926 | -€987 | -11.1% |
| Suppliers | 440/4 | €8,913 | €7,926 | -€987 | -11.1% |
| Taxes, remuneration and social security | 45 | €24,648 | €23,742 | -€905 | -3.7% |
| Taxes | 450/3 | €24,648 | €23,000 | -€1,647 | -6.7% |
| Remuneration and social security | 454/9 | - | €742 | +€742 | |
| Other amounts payable | 47/48 | - | €63,750 | +€63,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,336 | €24,947 | +€11,610 | +87.1% |
| Other operating charges | 640/8 | €775 | €4,393 | +€3,618 | +466.7% |
| Gross operating margin | 9900 | €88,133 | €100,275 | +€12,142 | +13.8% |
| Operating profit (loss) | 9901 | €74,022 | €70,935 | -€3,086 | -4.2% |
| Financial income | 75/76B | €1,806 | €1,345 | -€461 | -25.5% |
| Recurring financial income | 75 | €1,806 | €1,345 | -€461 | -25.5% |
| Financial charges | 65/66B | €7,442 | €10,900 | +€3,458 | +46.5% |
| Recurring financial charges | 65 | €7,442 | €10,900 | +€3,458 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €68,386 | €61,379 | -€7,006 | -10.2% |
| Income taxes | 67/77 | €14,228 | €13,077 | -€1,150 | -8.1% |
| Profit (loss) for the period | 9904 | €54,158 | €48,302 | -€5,856 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,158 | €48,302 | -€5,856 | -10.8% |
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 30 September 2026 via checked.be.