TAPIJTCENTER: 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.
TAPIJTCENTER
Largest movements
- Current investments +€27,830
up €27,830 (+8.3%), from €335,350 to €363,180
- Cash -€23,470
down €23,470 (-10.2%), from €230,284 to €206,815
mainly Contributions, distributions and other (-€249,763) and Current investments (-€27,830)
- Deferred charges and accrued income -€10,411
down €10,411 (-78.0%), from €13,349 to €2,937
- Reserves -€126,885
down €126,885 (-19.8%), from €639,552 to €512,667
- Other debts +€106,093
up €106,093 (+12,332%), from €860 to €106,954
- Tax, wage and social debts +€32,106
up €32,106 (+98.2%), from €32,701 to €64,808
of which Taxes: +€31,787
- Trade debts -€11,355
down €11,355 (-32.6%), from €34,801 to €23,446
- Gross operating margin +€97,536
up €97,536 (+50.0%), from €194,950 to €292,486
- Taxes +€31,715
up €31,715 (+212%), from €14,993 to €46,708
- Depreciation -€12,389
down €12,389 (-48.8%), from €25,371 to €12,982
- Financial income -€8,163
down €8,163 (-20.7%), from €39,491 to €31,329
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 | €813,515 | €813,474 | -€41 | 0.0% |
| Fixed assets | 21/28 | €35,102 | €32,775 | -€2,327 | -6.6% |
| Tangible fixed assets | 22/27 | €35,102 | €32,775 | -€2,327 | -6.6% |
| Land and buildings | 22 | €4,070 | €3,520 | -€550 | -13.5% |
| Plant, machinery and equipment | 23 | €11,486 | €6,781 | -€4,705 | -41.0% |
| Furniture and vehicles | 24 | €19,547 | €22,475 | +€2,928 | +15.0% |
| Current assets | 29/58 | €778,412 | €780,699 | +€2,286 | +0.3% |
| Stocks and contracts in progress | 3 | €155,313 | €156,862 | +€1,549 | +1.0% |
| Stocks | 30/36 | €155,313 | €156,862 | +€1,549 | +1.0% |
| Amounts receivable within one year | 40/41 | €44,116 | €50,905 | +€6,789 | +15.4% |
| Trade receivables | 40 | €44,116 | €50,905 | +€6,789 | +15.4% |
| Current investments | 50/53 | €335,350 | €363,180 | +€27,830 | +8.3% |
| Cash at bank and in hand | 54/58 | €230,284 | €206,815 | -€23,470 | -10.2% |
| Deferred charges and accrued income | 490/1 | €13,349 | €2,937 | -€10,411 | -78.0% |
| Total equity and liabilities | 10/49 | €813,515 | €813,474 | -€41 | 0.0% |
| Equity | 10/15 | €745,152 | €618,267 | -€126,885 | -17.0% |
| Contributions | 10/11 | €105,600 | €105,600 | = | 0.0% |
| Reserves | 13 | €639,552 | €512,667 | -€126,885 | -19.8% |
| Distributable reserves | 133 | €639,552 | €512,667 | -€126,885 | -19.8% |
| Amounts payable | 17/49 | €68,363 | €195,207 | +€126,844 | +186% |
| Amounts payable within one year | 42/48 | €68,363 | €195,207 | +€126,844 | +186% |
| Trade debts | 44 | €34,801 | €23,446 | -€11,355 | -32.6% |
| Suppliers | 440/4 | €34,801 | €23,446 | -€11,355 | -32.6% |
| Taxes, remuneration and social security | 45 | €32,701 | €64,808 | +€32,106 | +98.2% |
| Taxes | 450/3 | €16,975 | €48,761 | +€31,787 | +187% |
| Remuneration and social security | 454/9 | €15,727 | €16,046 | +€320 | +2.0% |
| Other amounts payable | 47/48 | €860 | €106,954 | +€106,093 | +12,332% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €131,538 | €134,403 | +€2,865 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,371 | €12,982 | -€12,389 | -48.8% |
| Other operating charges | 640/8 | €288 | €257 | -€31 | -10.8% |
| Gross operating margin | 9900 | €194,950 | €292,486 | +€97,536 | +50.0% |
| Operating profit (loss) | 9901 | €37,754 | €144,845 | +€107,091 | +284% |
| Financial income | 75/76B | €39,491 | €31,329 | -€8,163 | -20.7% |
| Recurring financial income | 75 | €39,491 | €31,329 | -€8,163 | -20.7% |
| Financial charges | 65/66B | €8,521 | €6,586 | -€1,935 | -22.7% |
| Recurring financial charges | 65 | €8,521 | €6,586 | -€1,935 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €68,724 | €169,587 | +€100,863 | +147% |
| Income taxes | 67/77 | €14,993 | €46,708 | +€31,715 | +212% |
| Profit (loss) for the period | 9904 | €53,730 | €122,878 | +€69,148 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €53,730 | €122,878 | +€69,148 | +129% |
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 30 October 2026 via checked.be.