TaPP: 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.
TaPP
Largest movements
- Tangible fixed assets -€12,446
down €12,446 (-2.4%), from €508,648 to €496,202
- Other debts -€12,068
down €12,068 (-5.3%), from €229,520 to €217,452
- Depreciation -€10,575
down €10,575 (-45.9%), from €23,021 to €12,446
- Gross operating margin +€9,555
up €9,555 (+81.9%), from €11,672 to €21,227
- Other operating charges -€1,290
down €1,290 (-33.5%), from €3,853 to €2,563
- Financial charges -€560
down €560 (-24.1%), from €2,322 to €1,763
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 | €509,464 | €499,342 | -€10,122 | -2.0% |
| Fixed assets | 21/28 | €508,648 | €496,202 | -€12,446 | -2.4% |
| Tangible fixed assets | 22/27 | €508,648 | €496,202 | -€12,446 | -2.4% |
| Land and buildings | 22 | €508,648 | €496,202 | -€12,446 | -2.4% |
| Current assets | 29/58 | €816 | €3,140 | +€2,324 | +284.6% |
| Cash at bank and in hand | 54/58 | €419 | €2,723 | +€2,305 | +550.6% |
| Deferred charges and accrued income | 490/1 | €398 | €416 | +€19 | +4.7% |
| Total equity and liabilities | 10/49 | €509,464 | €499,342 | -€10,122 | -2.0% |
| Equity | 10/15 | €242,477 | €246,933 | +€4,456 | +1.8% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,523 | -€13,067 | +€4,456 | +25.4% |
| Amounts payable | 17/49 | €266,988 | €252,409 | -€14,578 | -5.5% |
| Amounts payable after more than one year | 17 | €33,098 | €29,544 | -€3,554 | -10.7% |
| Financial debts | 170/4 | €33,098 | €29,544 | -€3,554 | -10.7% |
| Amounts payable within one year | 42/48 | €233,890 | €222,866 | -€11,024 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €3,396 | €3,554 | +€158 | +4.7% |
| Trade debts | 44 | €974 | €1,860 | +€886 | +91.0% |
| Suppliers | 440/4 | €974 | €1,860 | +€886 | +91.0% |
| Other amounts payable | 47/48 | €229,520 | €217,452 | -€12,068 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,021 | €12,446 | -€10,575 | -45.9% |
| Other operating charges | 640/8 | €3,853 | €2,563 | -€1,290 | -33.5% |
| Gross operating margin | 9900 | €11,672 | €21,227 | +€9,555 | +81.9% |
| Operating profit (loss) | 9901 | -€15,201 | €6,219 | +€21,420 | |
| Financial charges | 65/66B | €2,322 | €1,763 | -€560 | -24.1% |
| Recurring financial charges | 65 | €2,322 | €1,763 | -€560 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,523 | €4,456 | +€21,980 | |
| Profit (loss) for the period | 9904 | -€17,523 | €4,456 | +€21,980 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,523 | €4,456 | +€21,980 |
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 7 October 2026 via checked.be.