TAPA7: 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.
TAPA7
Largest movements
- Receivables within one year +€59,359
up €59,359 (+67.5%), from €87,915 to €147,273
of which Other amounts receivable: +€89,599
- Cash -€30,439
down €30,439 (-93.6%), from €32,507 to €2,067
mainly Receivables within one year (-€59,359) and Trade debts (-€1,666)
- Profit (loss) carried forward +€30,585
up €30,585 (+42.1%), from -€72,578 to -€41,994
- Trade debts -€1,666
down €1,666 (-69.6%), from €2,392 to €726
- Gross operating margin +€27,203
up €27,203 (+568%), from €4,789 to €31,992
- Staff costs -€4,080
no longer reported in 2025 (was €4,080)
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 | €127,137 | €156,056 | +€28,919 | +22.7% |
| Fixed assets | 21/28 | €6,715 | €6,715 | = | 0.0% |
| Financial fixed assets | 28 | €6,715 | €6,715 | = | 0.0% |
| Current assets | 29/58 | €120,422 | €149,341 | +€28,919 | +24.0% |
| Amounts receivable within one year | 40/41 | €87,915 | €147,273 | +€59,359 | +67.5% |
| Trade receivables | 40 | €70,240 | €40,000 | -€30,240 | -43.1% |
| Other amounts receivable | 41 | €17,674 | €107,273 | +€89,599 | +507% |
| Cash at bank and in hand | 54/58 | €32,507 | €2,067 | -€30,439 | -93.6% |
| Total equity and liabilities | 10/49 | €127,137 | €156,056 | +€28,919 | +22.7% |
| Equity | 10/15 | €124,745 | €155,330 | +€30,585 | +24.5% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €87,323 | €87,323 | = | 0.0% |
| Distributable reserves | 133 | €87,323 | €87,323 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,578 | -€41,994 | +€30,585 | +42.1% |
| Amounts payable | 17/49 | €2,392 | €726 | -€1,666 | -69.6% |
| Amounts payable within one year | 42/48 | €2,392 | €726 | -€1,666 | -69.6% |
| Trade debts | 44 | €2,392 | €726 | -€1,666 | -69.6% |
| Suppliers | 440/4 | €2,392 | €726 | -€1,666 | -69.6% |
| Remuneration, social security and pensions | 62 | €4,080 | - | -€4,080 | |
| Other operating charges | 640/8 | €1,205 | €920 | -€285 | -23.7% |
| Non-recurring operating charges | 66A | €32,685 | - | -€32,685 | |
| Gross operating margin | 9900 | €4,789 | €31,992 | +€27,203 | +568% |
| Operating profit (loss) | 9901 | -€33,181 | €31,072 | +€64,253 | |
| Financial charges | 65/66B | €408 | €487 | +€78 | +19.2% |
| Recurring financial charges | 65 | €408 | €487 | +€78 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€33,590 | €30,585 | +€64,175 | |
| Profit (loss) for the period | 9904 | -€33,590 | €30,585 | +€64,175 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,590 | €30,585 | +€64,175 |
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 28 October 2026 via checked.be.