TAPIA: 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.
TAPIA
Largest movements
- Cash -€8,753
down €8,753 (-16.4%), from €53,448 to €44,695
mainly Net result for the year (-€10,604) and Receivables within one year (-€4,264)
- Receivables within one year +€4,264
up €4,264 (+9.5%), from €44,827 to €49,091
of which Other amounts receivable: +€2,682
- Tangible fixed assets -€2,818
down €2,818 (-73.7%), from €3,821 to €1,004
- Profit (loss) carried forward -€10,604
down €10,604 (-27.7%), from €38,234 to €27,630
- Trade debts +€2,581
up €2,581 (+1189.5%), from €217 to €2,798
- Gross operating margin -€14,215
down €14,215 (-20.1%), from €70,760 to €56,545
- Taxes -€1,424
down €1,424 (-89.6%), from €1,589 to €166
- Staff costs +€898
up €898 (+1.5%), from €61,871 to €62,769
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 | €104,475 | €96,347 | -€8,128 | -7.8% |
| Fixed assets | 21/28 | €4,382 | €1,565 | -€2,818 | -64.3% |
| Tangible fixed assets | 22/27 | €3,821 | €1,004 | -€2,818 | -73.7% |
| Furniture and vehicles | 24 | €3,821 | €1,004 | -€2,818 | -73.7% |
| Financial fixed assets | 28 | €561 | €561 | = | 0.0% |
| Current assets | 29/58 | €100,093 | €94,782 | -€5,311 | -5.3% |
| Amounts receivable within one year | 40/41 | €44,827 | €49,091 | +€4,264 | +9.5% |
| Trade receivables | 40 | €7,593 | €9,175 | +€1,582 | +20.8% |
| Other amounts receivable | 41 | €37,234 | €39,916 | +€2,682 | +7.2% |
| Cash at bank and in hand | 54/58 | €53,448 | €44,695 | -€8,753 | -16.4% |
| Deferred charges and accrued income | 490/1 | €1,818 | €996 | -€822 | -45.2% |
| Total equity and liabilities | 10/49 | €104,475 | €96,347 | -€8,128 | -7.8% |
| Equity | 10/15 | €102,403 | €91,799 | -€10,604 | -10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,569 | €45,569 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,064 | €6,064 | = | 0.0% |
| Distributable reserves | 133 | €37,644 | €37,644 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,234 | €27,630 | -€10,604 | -27.7% |
| Amounts payable | 17/49 | €2,072 | €4,548 | +€2,475 | +119.4% |
| Amounts payable within one year | 42/48 | €2,072 | €4,548 | +€2,475 | +119.4% |
| Trade debts | 44 | €217 | €2,798 | +€2,581 | +1189.5% |
| Suppliers | 440/4 | €217 | €2,798 | +€2,581 | +1189.5% |
| Taxes, remuneration and social security | 45 | €1,855 | €1,750 | -€105 | -5.7% |
| Taxes | 450/3 | €1,855 | €1,750 | -€105 | -5.7% |
| Remuneration, social security and pensions | 62 | €61,871 | €62,769 | +€898 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,818 | €2,818 | = | 0.0% |
| Other operating charges | 640/8 | €58 | - | -€58 | |
| Non-recurring operating charges | 66A | - | €1,358 | +€1,358 | |
| Gross operating margin | 9900 | €70,760 | €56,545 | -€14,215 | -20.1% |
| Operating profit (loss) | 9901 | €6,013 | -€10,400 | -€16,413 | |
| Financial income | 75/76B | €12 | €164 | +€152 | +1321.5% |
| Recurring financial income | 75 | €12 | €164 | +€152 | +1321.5% |
| Financial charges | 65/66B | €292 | €202 | -€90 | -30.8% |
| Recurring financial charges | 65 | €292 | €202 | -€90 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €5,733 | -€10,438 | -€16,171 | |
| Income taxes | 67/77 | €1,589 | €166 | -€1,424 | -89.6% |
| Profit (loss) for the period | 9904 | €4,144 | -€10,604 | -€14,747 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,144 | -€10,604 | -€14,747 |
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.