Tanterna: 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.
Tanterna
Largest movements
- Tangible fixed assets +€246,181
up €246,181 (+1128.7%), from €21,811 to €267,992
of which Land and buildings: +€248,281
- Cash -€26,465
down €26,465 (-70.7%), from €37,430 to €10,965
mainly Investment in fixed assets (net) (-€250,000) and Receivables within one year (-€13,875)
- Receivables within one year +€13,875
up €13,875 (+51.6%), from €26,914 to €40,789
of which Trade receivables: +€10,946
- Debts after one year +€230,000
up €230,000 (+1274.6%), from €18,045 to €248,045
- Profit (loss) carried forward +€15,769
up €15,769 (+27.2%), from -€57,966 to -€42,198
- Trade debts -€12,988
down €12,988 (-54.1%), from €24,017 to €11,029
- Gross operating margin +€49,837
up €49,837 (+2062.0%), from €2,417 to €52,254
- Other operating charges +€30,442
up €30,442 (+5151.9%), from €591 to €31,033
- Write-downs +€4,508
up €4,508, from -€4,508 to €0
- Depreciation +€2,058
up €2,058 (+116.9%), from €1,761 to €3,819
- Financial charges +€1,444
up €1,444 (+496.1%), from €291 to €1,735
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 | €87,584 | €320,425 | +€232,842 | +265.9% |
| Fixed assets | 21/28 | €21,811 | €267,992 | +€246,181 | +1128.7% |
| Tangible fixed assets | 22/27 | €21,811 | €267,992 | +€246,181 | +1128.7% |
| Land and buildings | 22 | - | €248,281 | +€248,281 | |
| Other tangible fixed assets | 26 | €21,811 | €19,711 | -€2,100 | -9.6% |
| Current assets | 29/58 | €65,773 | €52,433 | -€13,339 | -20.3% |
| Stocks and contracts in progress | 3 | €1,000 | €0 | -€1,000 | -100.0% |
| Stocks | 30/36 | €1,000 | €0 | -€1,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €26,914 | €40,789 | +€13,875 | +51.6% |
| Trade receivables | 40 | €16,944 | €27,889 | +€10,946 | +64.6% |
| Other amounts receivable | 41 | €9,971 | €12,900 | +€2,929 | +29.4% |
| Cash at bank and in hand | 54/58 | €37,430 | €10,965 | -€26,465 | -70.7% |
| Deferred charges and accrued income | 490/1 | €428 | €679 | +€251 | +58.5% |
| Total equity and liabilities | 10/49 | €87,584 | €320,425 | +€232,842 | +265.9% |
| Equity | 10/15 | €42,034 | €57,802 | +€15,769 | +37.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,966 | -€42,198 | +€15,769 | +27.2% |
| Amounts payable | 17/49 | €45,550 | €262,623 | +€217,073 | +476.6% |
| Amounts payable after more than one year | 17 | €18,045 | €248,045 | +€230,000 | +1274.6% |
| Financial debts | 170/4 | €18,045 | €248,045 | +€230,000 | +1274.6% |
| Amounts payable within one year | 42/48 | €27,505 | €14,578 | -€12,927 | -47.0% |
| Financial debts | 43 | - | €147 | +€147 | |
| Credit institutions | 430/8 | - | €147 | +€147 | |
| Trade debts | 44 | €24,017 | €11,029 | -€12,988 | -54.1% |
| Suppliers | 440/4 | €24,017 | €11,029 | -€12,988 | -54.1% |
| Taxes, remuneration and social security | 45 | €86 | €0 | -€86 | -100.0% |
| Taxes | 450/3 | €86 | €0 | -€86 | -100.0% |
| Other amounts payable | 47/48 | €3,403 | €3,403 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,761 | €3,819 | +€2,058 | +116.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,508 | €0 | +€4,508 | |
| Other operating charges | 640/8 | €591 | €31,033 | +€30,442 | +5151.9% |
| Gross operating margin | 9900 | €2,417 | €52,254 | +€49,837 | +2062.0% |
| Operating profit (loss) | 9901 | €4,573 | €17,403 | +€12,830 | +280.5% |
| Financial income | 75/76B | €360 | €101 | -€259 | -71.9% |
| Recurring financial income | 75 | €360 | €101 | -€259 | -71.9% |
| Financial charges | 65/66B | €291 | €1,735 | +€1,444 | +496.1% |
| Recurring financial charges | 65 | €291 | €1,735 | +€1,444 | +496.1% |
| Profit (loss) for the period before taxes | 9903 | €4,642 | €15,769 | +€11,127 | +239.7% |
| Profit (loss) for the period | 9904 | €4,642 | €15,769 | +€11,127 | +239.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,642 | €15,769 | +€11,127 | +239.7% |
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 10 October 2026 via checked.be.