TANSUN: 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.
TANSUN
Largest movements
- Receivables within one year -€27,340
down €27,340 (-59.4%), from €46,029 to €18,690
- Tangible fixed assets -€5,792
down €5,792 (-18.1%), from €31,967 to €26,175
- Cash +€1,472
up €1,472 (+47.6%), from €3,092 to €4,564
mainly Receivables within one year (+€27,340) and Depreciation (+€6,445)
- Profit (loss) carried forward -€20,674
down €20,674 (-166.0%), from -€12,455 to -€33,128
- Debts after one year -€8,044
down €8,044 (-24.3%), from €33,166 to €25,122
- Trade debts -€3,498
down €3,498 (-37.9%), from €9,239 to €5,741
- Gross operating margin -€9,496
down €9,496, from €2,476 to -€7,020
- Other operating charges -€4,053
no longer reported in 2021 (was €4,053)
- Depreciation -€3,159
down €3,159 (-32.9%), from €9,603 to €6,445
- Financial charges +€1,547
up €1,547 (+109.6%), from €1,411 to €2,957
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,089 | €49,429 | -€31,660 | -39.0% |
| Fixed assets | 21/28 | €31,967 | €26,175 | -€5,792 | -18.1% |
| Tangible fixed assets | 22/27 | €31,967 | €26,175 | -€5,792 | -18.1% |
| Furniture and vehicles | 24 | €31,967 | €26,175 | -€5,792 | -18.1% |
| Current assets | 29/58 | €49,122 | €23,254 | -€25,868 | -52.7% |
| Amounts receivable within one year | 40/41 | €46,029 | €18,690 | -€27,340 | -59.4% |
| Other amounts receivable | 41 | €46,029 | €18,690 | -€27,340 | -59.4% |
| Cash at bank and in hand | 54/58 | €3,092 | €4,564 | +€1,472 | +47.6% |
| Total equity and liabilities | 10/49 | €81,089 | €49,429 | -€31,660 | -39.0% |
| Equity | 10/15 | €27,745 | €7,072 | -€20,674 | -74.5% |
| Contributions | 10/11 | €40,200 | €40,200 | = | 0.0% |
| Capital | 10 | €40,200 | €40,200 | = | 0.0% |
| Issued capital | 100 | €50,000 | €50,000 | = | 0.0% |
| Uncalled capital | 101 | €9,800 | €9,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,455 | -€33,128 | -€20,674 | -166.0% |
| Amounts payable | 17/49 | €53,343 | €42,357 | -€10,986 | -20.6% |
| Amounts payable after more than one year | 17 | €33,166 | €25,122 | -€8,044 | -24.3% |
| Financial debts | 170/4 | €33,166 | €25,122 | -€8,044 | -24.3% |
| Amounts payable within one year | 42/48 | €20,177 | €17,235 | -€2,942 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €7,451 | €8,044 | +€592 | +7.9% |
| Trade debts | 44 | €9,239 | €5,741 | -€3,498 | -37.9% |
| Suppliers | 440/4 | €9,239 | €5,741 | -€3,498 | -37.9% |
| Taxes, remuneration and social security | 45 | €3,487 | €3,450 | -€37 | -1.1% |
| Taxes | 450/3 | €3,487 | €3,450 | -€37 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,603 | €6,445 | -€3,159 | -32.9% |
| Other operating charges | 640/8 | €4,053 | - | -€4,053 | |
| Non-recurring operating charges | 66A | - | €4,252 | +€4,252 | |
| Gross operating margin | 9900 | €2,476 | -€7,020 | -€9,496 | |
| Operating profit (loss) | 9901 | -€11,181 | -€17,716 | -€6,536 | -58.5% |
| Financial charges | 65/66B | €1,411 | €2,957 | +€1,547 | +109.6% |
| Recurring financial charges | 65 | €1,411 | €2,957 | +€1,547 | +109.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,591 | -€20,674 | -€8,082 | -64.2% |
| Profit (loss) for the period | 9904 | -€12,591 | -€20,674 | -€8,082 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,591 | -€20,674 | -€8,082 | -64.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.