TANTAKI: 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.
TANTAKI
Largest movements
- Deferred charges and accrued income -€241,846
down €241,846 (-100.0%), from €241,846 to €0
- Cash -€200,266
down €200,266 (-85.4%), from €234,552 to €34,286
mainly Contributions, distributions and other (-€248,154) and Investment in fixed assets (net) (-€109,966)
- Current investments +€101,681
up €101,681 (+5.3%), from €1.9m to €2.0m
- Tangible fixed assets +€98,072
new in 2025: €98,072
of which Furniture and vehicles: +€81,273
- Receivables within one year +€55,350
up €55,350 (+66.2%), from €83,621 to €138,970
of which Trade receivables: +€79,704
- Reserves -€257,564
down €257,564 (-11.7%), from €2.2m to €1.9m
of which Distributable reserves: -€257,564
- Trade debts +€103,376
up €103,376 (+129317.2%), from €80 to €103,456
- Tax, wage and social debts -€32,820
down €32,820 (-95.2%), from €34,484 to €1,663
- Gross operating margin +€20,854
up €20,854 (+48.2%), from -€43,252 to -€22,399
- Financial income -€18,101
down €18,101 (-36.9%), from €49,115 to €31,014
- Financial charges +€16,800
up €16,800, from -€13,377 to €3,424
- Depreciation +€11,894
new in 2025: €11,894
- Taxes +€1,748
up €1,748 (+10202.0%), from €17 to €1,765
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 | €2,493,178 | €2,306,170 | -€187,008 | -7.5% |
| Fixed assets | 21/28 | €100 | €98,172 | +€98,072 | +98072.0% |
| Tangible fixed assets | 22/27 | - | €98,072 | +€98,072 | |
| Furniture and vehicles | 24 | - | €81,273 | +€81,273 | |
| Assets under construction and advance payments | 27 | - | €16,799 | +€16,799 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €2,493,078 | €2,207,998 | -€285,080 | -11.4% |
| Amounts receivable within one year | 40/41 | €83,621 | €138,970 | +€55,350 | +66.2% |
| Trade receivables | 40 | €42,820 | €122,525 | +€79,704 | +186.1% |
| Other amounts receivable | 41 | €40,800 | €16,445 | -€24,355 | -59.7% |
| Current investments | 50/53 | €1,933,060 | €2,034,742 | +€101,681 | +5.3% |
| Cash at bank and in hand | 54/58 | €234,552 | €34,286 | -€200,266 | -85.4% |
| Deferred charges and accrued income | 490/1 | €241,846 | €0 | -€241,846 | -100.0% |
| Total equity and liabilities | 10/49 | €2,493,178 | €2,306,170 | -€187,008 | -7.5% |
| Equity | 10/15 | €2,336,748 | €2,079,185 | -€257,564 | -11.0% |
| Contributions | 10/11 | €134,785 | €134,785 | = | 0.0% |
| Reserves | 13 | €2,201,963 | €1,944,400 | -€257,564 | -11.7% |
| Non-distributable reserves | 130/1 | €13,479 | €13,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,479 | €13,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,260 | €37,260 | = | 0.0% |
| Distributable reserves | 133 | €2,151,224 | €1,893,661 | -€257,564 | -12.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €156,429 | €226,985 | +€70,556 | +45.1% |
| Amounts payable within one year | 42/48 | €156,429 | €226,985 | +€70,556 | +45.1% |
| Trade debts | 44 | €80 | €103,456 | +€103,376 | +129317.2% |
| Suppliers | 440/4 | €80 | €103,456 | +€103,376 | +129317.2% |
| Taxes, remuneration and social security | 45 | €34,484 | €1,663 | -€32,820 | -95.2% |
| Taxes | 450/3 | €34,484 | €1,663 | -€32,820 | -95.2% |
| Other amounts payable | 47/48 | €121,866 | €121,866 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11,894 | +€11,894 | |
| Other operating charges | 640/8 | €1,524 | €943 | -€582 | -38.2% |
| Gross operating margin | 9900 | -€43,252 | -€22,399 | +€20,854 | +48.2% |
| Operating profit (loss) | 9901 | -€44,777 | -€35,235 | +€9,542 | +21.3% |
| Financial income | 75/76B | €49,115 | €31,014 | -€18,101 | -36.9% |
| Recurring financial income | 75 | €49,115 | €31,014 | -€18,101 | -36.9% |
| Financial charges | 65/66B | -€13,377 | €3,424 | +€16,800 | |
| Recurring financial charges | 65 | -€13,377 | €3,424 | +€16,800 | |
| Profit (loss) for the period before taxes | 9903 | €17,715 | -€7,645 | -€25,360 | |
| Income taxes | 67/77 | €17 | €1,765 | +€1,748 | +10202.0% |
| Profit (loss) for the period | 9904 | €17,698 | -€9,410 | -€27,107 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,698 | -€9,410 | -€27,107 |
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 7 October 2026 via checked.be.