TANTIMMO: 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.
TANTIMMO
Largest movements
- Cash +€20,379
up €20,379 (+28.1%), from €72,486 to €92,865
mainly Depreciation (+€18,698) and Trade debts (+€7,965)
- Tangible fixed assets -€18,698
down €18,698 (-1.9%), from €999,987 to €981,290
- Short-term financial debts -€13,744
down €13,744 (-1.7%), from €785,684 to €771,940
- Financial charges +€8,085
up €8,085 (+19.5%), from €41,497 to €49,582
- Gross operating margin +€3,271
up €3,271 (+4.6%), from €70,852 to €74,123
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 | €1,119,709 | €1,118,105 | -€1,604 | -0.1% |
| Fixed assets | 21/28 | €1,020,960 | €1,002,262 | -€18,698 | -1.8% |
| Tangible fixed assets | 22/27 | €999,987 | €981,290 | -€18,698 | -1.9% |
| Land and buildings | 22 | €999,987 | €981,290 | -€18,698 | -1.9% |
| Financial fixed assets | 28 | €20,972 | €20,972 | = | 0.0% |
| Current assets | 29/58 | €98,749 | €115,843 | +€17,094 | +17.3% |
| Amounts receivable within one year | 40/41 | €25,717 | €22,427 | -€3,290 | -12.8% |
| Trade receivables | 40 | €25,717 | €22,427 | -€3,290 | -12.8% |
| Cash at bank and in hand | 54/58 | €72,486 | €92,865 | +€20,379 | +28.1% |
| Deferred charges and accrued income | 490/1 | €546 | €551 | +€5 | +0.9% |
| Total equity and liabilities | 10/49 | €1,119,709 | €1,118,105 | -€1,604 | -0.1% |
| Equity | 10/15 | €130,157 | €128,760 | -€1,397 | -1.1% |
| Contributions | 10/11 | €37,199 | €37,199 | = | 0.0% |
| Reserves | 13 | €119,503 | €116,064 | -€3,439 | -2.9% |
| Tax-exempt reserves | 132 | €115,294 | €111,855 | -€3,439 | -3.0% |
| Distributable reserves | 133 | €4,209 | €4,209 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,545 | -€24,503 | +€2,042 | +7.7% |
| Provisions and deferred taxes | 16 | €113,306 | €109,307 | -€3,999 | -3.5% |
| Deferred taxes | 168 | €113,306 | €109,307 | -€3,999 | -3.5% |
| Amounts payable | 17/49 | €876,246 | €880,038 | +€3,793 | +0.4% |
| Amounts payable within one year | 42/48 | €844,994 | €843,020 | -€1,974 | -0.2% |
| Financial debts | 43 | €785,684 | €771,940 | -€13,744 | -1.7% |
| Other loans | 439 | €785,684 | €771,940 | -€13,744 | -1.7% |
| Trade debts | 44 | €34,968 | €42,933 | +€7,965 | +22.8% |
| Suppliers | 440/4 | €34,968 | €42,933 | +€7,965 | +22.8% |
| Advances received on contracts in progress | 46 | €14,149 | €15,641 | +€1,492 | +10.5% |
| Taxes, remuneration and social security | 45 | €10,193 | €12,505 | +€2,312 | +22.7% |
| Taxes | 450/3 | €10,193 | €12,505 | +€2,312 | +22.7% |
| Accrued charges and deferred income | 492/3 | €31,252 | €37,018 | +€5,767 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,698 | €18,698 | +€0 | 0.0% |
| Other operating charges | 640/8 | €11,028 | €11,239 | +€212 | +1.9% |
| Gross operating margin | 9900 | €70,852 | €74,123 | +€3,271 | +4.6% |
| Operating profit (loss) | 9901 | €41,127 | €44,186 | +€3,059 | +7.4% |
| Financial charges | 65/66B | €41,497 | €49,582 | +€8,085 | +19.5% |
| Recurring financial charges | 65 | €41,497 | €49,582 | +€8,085 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | -€370 | -€5,396 | -€5,026 | -1357.1% |
| Transfer from deferred taxes | 780 | €3,999 | €3,999 | = | 0.0% |
| Profit (loss) for the period | 9904 | €3,629 | -€1,397 | -€5,026 | |
| Transfer from tax-exempt reserves | 789 | €3,439 | €3,439 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,068 | €2,042 | -€5,026 | -71.1% |
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 4 October 2026 via checked.be.