Tapis Max: 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.
Tapis Max
Largest movements
- Cash +€7,275
up €7,275 (+36.5%), from €19,918 to €27,193
mainly Tax, wage and social debts (+€7,139) and Depreciation (+€4,333)
- Tangible fixed assets -€4,333
down €4,333 (-42.4%), from €10,222 to €5,889
of which Land and buildings: -€2,310
- Stocks and contracts +€3,246
up €3,246 (+7.8%), from €41,512 to €44,758
- Tax, wage and social debts +€7,139
up €7,139 (+46.1%), from €15,498 to €22,637
of which Taxes: +€7,619
- Other debts -€2,498
down €2,498 (-91.2%), from €2,739 to €241
- Trade debts +€1,942
up €1,942 (+504.4%), from €385 to €2,327
- Gross operating margin -€16,668
down €16,668 (-10.8%), from €153,963 to €137,295
- Purchases and services +€9,865
up €9,865 (+6.5%), from €151,291 to €161,156
- Staff costs -€8,045
down €8,045 (-5.9%), from €137,387 to €129,342
- Taxes -€4,916
down €4,916 (-74.0%), from €6,640 to €1,724
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 | €88,494 | €95,651 | +€7,157 | +8.1% |
| Fixed assets | 21/28 | €10,424 | €6,047 | -€4,377 | -42.0% |
| Tangible fixed assets | 22/27 | €10,222 | €5,889 | -€4,333 | -42.4% |
| Land and buildings | 22 | €4,432 | €2,122 | -€2,310 | -52.1% |
| Plant, machinery and equipment | 23 | €3,785 | €2,554 | -€1,231 | -32.5% |
| Furniture and vehicles | 24 | €2,005 | €1,213 | -€792 | -39.5% |
| Financial fixed assets | 28 | €202 | €158 | -€44 | -21.8% |
| Current assets | 29/58 | €78,070 | €89,604 | +€11,534 | +14.8% |
| Stocks and contracts in progress | 3 | €41,512 | €44,758 | +€3,246 | +7.8% |
| Stocks | 30/36 | €41,512 | €44,758 | +€3,246 | +7.8% |
| Amounts receivable within one year | 40/41 | €14,974 | €15,472 | +€498 | +3.3% |
| Trade receivables | 40 | €13,716 | €11,053 | -€2,663 | -19.4% |
| Other amounts receivable | 41 | €1,258 | €4,419 | +€3,161 | +251.3% |
| Cash at bank and in hand | 54/58 | €19,918 | €27,193 | +€7,275 | +36.5% |
| Deferred charges and accrued income | 490/1 | €1,666 | €2,181 | +€515 | +30.9% |
| Total equity and liabilities | 10/49 | €88,494 | €95,651 | +€7,157 | +8.1% |
| Equity | 10/15 | €69,872 | €70,446 | +€574 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,412 | €49,986 | +€574 | +1.2% |
| Amounts payable | 17/49 | €18,622 | €25,205 | +€6,583 | +35.4% |
| Amounts payable within one year | 42/48 | €18,622 | €25,205 | +€6,583 | +35.4% |
| Trade debts | 44 | €385 | €2,327 | +€1,942 | +504.4% |
| Suppliers | 440/4 | €385 | €2,327 | +€1,942 | +504.4% |
| Taxes, remuneration and social security | 45 | €15,498 | €22,637 | +€7,139 | +46.1% |
| Taxes | 450/3 | €4,296 | €11,915 | +€7,619 | +177.4% |
| Remuneration and social security | 454/9 | €11,202 | €10,722 | -€480 | -4.3% |
| Other amounts payable | 47/48 | €2,739 | €241 | -€2,498 | -91.2% |
| Non-recurring operating income | 76A | €40 | €104 | +€64 | +160.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €151,291 | €161,156 | +€9,865 | +6.5% |
| Remuneration, social security and pensions | 62 | €137,387 | €129,342 | -€8,045 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,095 | €4,333 | +€238 | +5.8% |
| Other operating charges | 640/8 | €220 | €486 | +€266 | +120.9% |
| Non-recurring operating charges | 66A | €27 | - | -€27 | |
| Gross operating margin | 9900 | €153,963 | €137,295 | -€16,668 | -10.8% |
| Operating profit (loss) | 9901 | €12,234 | €3,134 | -€9,100 | -74.4% |
| Financial income | 75/76B | €401 | €73 | -€328 | -81.8% |
| Recurring financial income | 75 | €401 | €73 | -€328 | -81.8% |
| Financial charges | 65/66B | €593 | €909 | +€316 | +53.3% |
| Recurring financial charges | 65 | €593 | €909 | +€316 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €12,042 | €2,298 | -€9,744 | -80.9% |
| Income taxes | 67/77 | €6,640 | €1,724 | -€4,916 | -74.0% |
| Profit (loss) for the period | 9904 | €5,402 | €574 | -€4,828 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,402 | €574 | -€4,828 | -89.4% |
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 6 October 2026 via checked.be.