TAPPED: 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.
TAPPED
Largest movements
- Cash +€42,950
up €42,950 (+36.6%), from €117,386 to €160,336
mainly Net result for the year (+€36,885) and Other debts (+€12,127)
- Receivables within one year -€4,505
down €4,505 (-13.2%), from €34,253 to €29,748
of which Trade receivables: -€3,808
- Reserves +€36,885
up €36,885 (+26.8%), from €137,484 to €174,368
- Other debts +€12,127
new in 2024: €12,127
- Tax, wage and social debts -€10,080
down €10,080 (-31.2%), from €32,340 to €22,260
- Accrued charges and deferred income -€6,594
no longer reported in 2024 (was €6,594)
- Trade debts +€4,644
new in 2024: €4,644
- Gross operating margin +€20,743
up €20,743 (+50.1%), from €41,413 to €62,156
- Taxes +€4,658
up €4,658 (+47.5%), from €9,814 to €14,472
- Depreciation +€945
up €945 (+19.2%), from €4,923 to €5,868
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,417 | €218,400 | +€36,982 | +20.4% |
| Fixed assets | 21/28 | €25,825 | €24,557 | -€1,268 | -4.9% |
| Tangible fixed assets | 22/27 | €25,825 | €24,557 | -€1,268 | -4.9% |
| Land and buildings | 22 | €16,711 | €14,927 | -€1,784 | -10.7% |
| Plant, machinery and equipment | 23 | €879 | €600 | -€279 | -31.7% |
| Furniture and vehicles | 24 | €8,235 | €9,030 | +€795 | +9.6% |
| Current assets | 29/58 | €155,592 | €193,843 | +€38,251 | +24.6% |
| Amounts receivable within one year | 40/41 | €34,253 | €29,748 | -€4,505 | -13.2% |
| Trade receivables | 40 | €33,537 | €29,730 | -€3,808 | -11.4% |
| Other amounts receivable | 41 | €716 | €18 | -€697 | -97.4% |
| Cash at bank and in hand | 54/58 | €117,386 | €160,336 | +€42,950 | +36.6% |
| Deferred charges and accrued income | 490/1 | €3,953 | €3,759 | -€194 | -4.9% |
| Total equity and liabilities | 10/49 | €181,417 | €218,400 | +€36,982 | +20.4% |
| Equity | 10/15 | €142,484 | €179,368 | +€36,885 | +25.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €137,484 | €174,368 | +€36,885 | +26.8% |
| Distributable reserves | 133 | €137,484 | €174,368 | +€36,885 | +26.8% |
| Amounts payable | 17/49 | €38,934 | €39,031 | +€97 | +0.3% |
| Amounts payable within one year | 42/48 | €32,340 | €39,031 | +€6,692 | +20.7% |
| Trade debts | 44 | - | €4,644 | +€4,644 | |
| Suppliers | 440/4 | - | €4,644 | +€4,644 | |
| Taxes, remuneration and social security | 45 | €32,340 | €22,260 | -€10,080 | -31.2% |
| Taxes | 450/3 | €32,340 | €22,260 | -€10,080 | -31.2% |
| Other amounts payable | 47/48 | - | €12,127 | +€12,127 | |
| Accrued charges and deferred income | 492/3 | €6,594 | - | -€6,594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,923 | €5,868 | +€945 | +19.2% |
| Other operating charges | 640/8 | €579 | €536 | -€43 | -7.4% |
| Gross operating margin | 9900 | €41,413 | €62,156 | +€20,743 | +50.1% |
| Operating profit (loss) | 9901 | €35,911 | €55,752 | +€19,841 | +55.3% |
| Financial income | 75/76B | €1 | €200 | +€200 | +39,900% |
| Recurring financial income | 75 | €1 | €200 | +€200 | +39,900% |
| Financial charges | 65/66B | €4,441 | €4,595 | +€154 | +3.5% |
| Recurring financial charges | 65 | €4,441 | €4,595 | +€154 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €31,470 | €51,357 | +€19,887 | +63.2% |
| Income taxes | 67/77 | €9,814 | €14,472 | +€4,658 | +47.5% |
| Profit (loss) for the period | 9904 | €21,656 | €36,885 | +€15,229 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,656 | €36,885 | +€15,229 | +70.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.