TANTUM: 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.
TANTUM
Largest movements
- Stocks and contracts -€8,083
down €8,083 (-32.3%), from €25,000 to €16,917
- Receivables within one year -€3,167
down €3,167 (-5.4%), from €58,779 to €55,612
of which Trade receivables: -€3,169
- Cash +€1,784
up €1,784 (+24.6%), from €7,256 to €9,040
mainly Other debts (+€17,075) and Stocks and contracts (+€8,083)
- Other debts +€17,075
up €17,075 (+171.4%), from €9,959 to €27,034
- Profit (loss) carried forward -€17,007
down €17,007 (-1057.5%), from -€1,608 to -€18,615
- Trade debts -€12,352
down €12,352 (-17.4%), from €70,996 to €58,643
- Tax, wage and social debts +€3,349
up €3,349 (+46.1%), from €7,263 to €10,612
of which Remuneration and social security: +€1,937
- Gross operating margin -€22,005
down €22,005 (-47.9%), from €45,985 to €23,981
- Staff costs -€1,944
down €1,944 (-4.8%), from €40,283 to €38,339
- Taxes +€813
no longer reported in 2024 (was -€813)
- Financial charges -€536
down €536 (-39.5%), from €1,356 to €820
- Other operating charges +€469
up €469 (+175.7%), from €267 to €735
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,822 | €83,886 | -€8,936 | -9.6% |
| Fixed assets | 21/28 | €1,400 | €1,400 | = | 0.0% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €91,422 | €82,486 | -€8,936 | -9.8% |
| Stocks and contracts in progress | 3 | €25,000 | €16,917 | -€8,083 | -32.3% |
| Stocks | 30/36 | €25,000 | €16,917 | -€8,083 | -32.3% |
| Amounts receivable within one year | 40/41 | €58,779 | €55,612 | -€3,167 | -5.4% |
| Trade receivables | 40 | €56,450 | €53,280 | -€3,169 | -5.6% |
| Other amounts receivable | 41 | €2,329 | €2,332 | +€3 | +0.1% |
| Cash at bank and in hand | 54/58 | €7,256 | €9,040 | +€1,784 | +24.6% |
| Deferred charges and accrued income | 490/1 | €387 | €917 | +€530 | +136.9% |
| Total equity and liabilities | 10/49 | €92,822 | €83,886 | -€8,936 | -9.6% |
| Equity | 10/15 | €4,592 | -€12,415 | -€17,007 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,608 | -€18,615 | -€17,007 | -1057.5% |
| Amounts payable | 17/49 | €88,230 | €96,301 | +€8,071 | +9.1% |
| Amounts payable within one year | 42/48 | €88,218 | €96,290 | +€8,071 | +9.1% |
| Trade debts | 44 | €70,996 | €58,643 | -€12,352 | -17.4% |
| Suppliers | 440/4 | €70,996 | €58,643 | -€12,352 | -17.4% |
| Taxes, remuneration and social security | 45 | €7,263 | €10,612 | +€3,349 | +46.1% |
| Taxes | 450/3 | €2,158 | €3,570 | +€1,412 | +65.4% |
| Remuneration and social security | 454/9 | €5,105 | €7,042 | +€1,937 | +37.9% |
| Other amounts payable | 47/48 | €9,959 | €27,034 | +€17,075 | +171.4% |
| Accrued charges and deferred income | 492/3 | €12 | €12 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €40,283 | €38,339 | -€1,944 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €382 | - | -€382 | |
| Other operating charges | 640/8 | €267 | €735 | +€469 | +175.7% |
| Gross operating margin | 9900 | €45,985 | €23,981 | -€22,005 | -47.9% |
| Operating profit (loss) | 9901 | €5,054 | -€15,093 | -€20,147 | |
| Financial income | 75/76B | €0 | €67 | +€67 | +27716.7% |
| Recurring financial income | 75 | €0 | €67 | +€67 | +27716.7% |
| Financial charges | 65/66B | €1,356 | €820 | -€536 | -39.5% |
| Recurring financial charges | 65 | €1,356 | €820 | -€536 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €3,699 | -€15,846 | -€19,545 | |
| Income taxes | 67/77 | -€813 | - | +€813 | |
| Profit (loss) for the period | 9904 | €4,512 | -€15,846 | -€20,358 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,512 | -€15,846 | -€20,358 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.