TANORIS: 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.
TANORIS
Largest movements
- Current investments -€204,626
down €204,626 (-17.6%), from €1.2m to €958,684
- Cash -€22,382
down €22,382 (-55.0%), from €40,686 to €18,304
mainly Contributions, distributions and other (-€1.9m) and Receivables within one year (-€21,415)
- Receivables within one year +€21,415
up €21,415 (+107.0%), from €20,005 to €41,420
of which Other amounts receivable: +€21,415
- Reserves -€1.1m
down €1.1m (-100.0%), from €1.1m to €0
- Other debts +€728,823
new in 2026: €728,823
- Tax, wage and social debts +€117,616
up €117,616 (+67.6%), from €173,868 to €291,484
of which Taxes: +€128,616
- Gross operating margin +€480,345
up €480,345 (+74.2%), from €647,380 to €1.1m
- Taxes +€117,093
up €117,093 (+69.2%), from €169,327 to €286,420
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,230,907 | €1,023,308 | -€207,599 | -16.9% |
| Fixed assets | 21/28 | €6,906 | €4,900 | -€2,006 | -29.0% |
| Tangible fixed assets | 22/27 | €6,906 | €4,900 | -€2,006 | -29.0% |
| Plant, machinery and equipment | 23 | €4,835 | €3,645 | -€1,190 | -24.6% |
| Furniture and vehicles | 24 | €2,071 | €1,255 | -€816 | -39.4% |
| Current assets | 29/58 | €1,224,001 | €1,018,408 | -€205,593 | -16.8% |
| Amounts receivable within one year | 40/41 | €20,005 | €41,420 | +€21,415 | +107.0% |
| Trade receivables | 40 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 41 | €5 | €21,420 | +€21,415 | +390071.8% |
| Current investments | 50/53 | €1,163,310 | €958,684 | -€204,626 | -17.6% |
| Cash at bank and in hand | 54/58 | €40,686 | €18,304 | -€22,382 | -55.0% |
| Total equity and liabilities | 10/49 | €1,230,907 | €1,023,308 | -€207,599 | -16.9% |
| Equity | 10/15 | €1,056,965 | €3,000 | -€1.1m | -99.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,053,965 | €0 | -€1.1m | -100.0% |
| Distributable reserves | 133 | €1,053,965 | €0 | -€1.1m | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €173,942 | €1,020,308 | +€846,365 | +486.6% |
| Amounts payable within one year | 42/48 | €173,942 | €1,020,308 | +€846,365 | +486.6% |
| Trade debts | 44 | €74 | €0 | -€74 | -100.0% |
| Suppliers | 440/4 | €74 | €0 | -€74 | -100.0% |
| Taxes, remuneration and social security | 45 | €173,868 | €291,484 | +€117,616 | +67.6% |
| Taxes | 450/3 | €161,868 | €290,484 | +€128,616 | +79.5% |
| Remuneration and social security | 454/9 | €12,000 | €1,000 | -€11,000 | -91.7% |
| Other amounts payable | 47/48 | - | €728,823 | +€728,823 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,814 | €2,006 | +€192 | +10.6% |
| Other operating charges | 640/8 | €758 | €788 | +€29 | +3.9% |
| Gross operating margin | 9900 | €647,380 | €1,127,725 | +€480,345 | +74.2% |
| Operating profit (loss) | 9901 | €644,808 | €1,124,932 | +€480,123 | +74.5% |
| Financial income | 75/76B | €32,393 | €25,674 | -€6,718 | -20.7% |
| Recurring financial income | 75 | €32,393 | €25,674 | -€6,718 | -20.7% |
| Financial charges | 65/66B | €1,427 | €6,747 | +€5,320 | +373.0% |
| Recurring financial charges | 65 | €1,427 | €6,747 | +€5,320 | +373.0% |
| Profit (loss) for the period before taxes | 9903 | €675,774 | €1,143,859 | +€468,085 | +69.3% |
| Income taxes | 67/77 | €169,327 | €286,420 | +€117,093 | +69.2% |
| Profit (loss) for the period | 9904 | €506,447 | €857,439 | +€350,992 | +69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €506,447 | €857,439 | +€350,992 | +69.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.