TANTAS 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.
TANTAS GROUP
Largest movements
- Deferred charges and accrued income -€31,903
down €31,903 (-100%), from €31,903 to €0
- Receivables within one year -€19,231
down €19,231 (-38.4%), from €50,076 to €30,846
of which Trade receivables: -€17,957
- Cash -€3,577
down €3,577 (-77.7%), from €4,604 to €1,026
mainly Trade debts (-€88,999) and Tax, wage and social debts (-€11,919)
- Trade debts -€88,999
down €88,999 (-99.5%), from €89,432 to €433
- Other debts +€41,513
up €41,513, from €0 to €41,513
- Profit (loss) carried forward +€12,578
up €12,578 (+24.6%), from -€51,190 to -€38,612
- Tax, wage and social debts -€11,919
down €11,919 (-30.3%), from €39,368 to €27,449
- Short-term financial debts -€7,883
down €7,883 (-87.9%), from €8,973 to €1,090
- Gross operating margin +€51,405
up €51,405, from -€29,527 to €21,878
- Financial charges -€7,519
down €7,519 (-77.0%), from €9,771 to €2,252
- Other operating charges +€4,289
up €4,289 (+90.2%), from €4,755 to €9,044
- Financial income +€1,805
up €1,805 (+945%), from €191 to €1,996
- Taxes -€1,026
down €1,026 (-100%), from €1,026 to €0
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 | €86,583 | €31,872 | -€54,710 | -63.2% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €86,583 | €31,872 | -€54,710 | -63.2% |
| Amounts receivable within one year | 40/41 | €50,076 | €30,846 | -€19,231 | -38.4% |
| Trade receivables | 40 | €40,095 | €22,138 | -€17,957 | -44.8% |
| Other amounts receivable | 41 | €9,982 | €8,708 | -€1,274 | -12.8% |
| Cash at bank and in hand | 54/58 | €4,604 | €1,026 | -€3,577 | -77.7% |
| Deferred charges and accrued income | 490/1 | €31,903 | €0 | -€31,903 | -100% |
| Total equity and liabilities | 10/49 | €86,583 | €31,872 | -€54,710 | -63.2% |
| Equity | 10/15 | -€51,190 | -€38,612 | +€12,578 | +24.6% |
| Profit (loss) carried forward | 14 | -€51,190 | -€38,612 | +€12,578 | +24.6% |
| Amounts payable | 17/49 | €137,773 | €70,484 | -€67,288 | -48.8% |
| Amounts payable within one year | 42/48 | €137,773 | €70,484 | -€67,288 | -48.8% |
| Financial debts | 43 | €8,973 | €1,090 | -€7,883 | -87.9% |
| Credit institutions | 430/8 | €8,973 | €1,090 | -€7,883 | -87.9% |
| Trade debts | 44 | €89,432 | €433 | -€88,999 | -99.5% |
| Suppliers | 440/4 | €89,432 | €433 | -€88,999 | -99.5% |
| Taxes, remuneration and social security | 45 | €39,368 | €27,449 | -€11,919 | -30.3% |
| Taxes | 450/3 | €39,368 | €27,449 | -€11,919 | -30.3% |
| Other amounts payable | 47/48 | €0 | €41,513 | +€41,513 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €4,755 | €9,044 | +€4,289 | +90.2% |
| Non-recurring operating charges | 66A | €8,959 | €0 | -€8,959 | -100% |
| Gross operating margin | 9900 | -€29,527 | €21,878 | +€51,405 | |
| Operating profit (loss) | 9901 | -€43,241 | €12,834 | +€56,075 | |
| Financial income | 75/76B | €191 | €1,996 | +€1,805 | +945% |
| Recurring financial income | 75 | €191 | €1,996 | +€1,805 | +945% |
| Financial charges | 65/66B | €9,771 | €2,252 | -€7,519 | -77.0% |
| Recurring financial charges | 65 | €9,771 | €2,252 | -€7,519 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | -€52,821 | €12,578 | +€65,399 | |
| Income taxes | 67/77 | €1,026 | €0 | -€1,026 | -100% |
| Profit (loss) for the period | 9904 | -€53,846 | €12,578 | +€66,425 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,846 | €12,578 | +€66,425 |
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 25 October 2026 via checked.be.