Tappelbeek: 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.
Tappelbeek
Largest movements
- Cash +€80,909
up €80,909 (+174.9%), from €46,256 to €127,165
mainly Net result for the year (+€88,430) and Debts after one year (+€35,061)
- Financial fixed assets +€59,107
new in 2025: €59,107
- Receivables within one year +€2,856
up €2,856 (+13.7%), from €20,886 to €23,742
of which Trade receivables: +€5,500
- Reserves +€88,430
up €88,430 (+150.3%), from €58,819 to €147,249
- Debts after one year +€35,061
new in 2025: €35,061
- Tax, wage and social debts +€12,548
up €12,548 (+126.4%), from €9,926 to €22,474
- Current portion of long-term debt +€9,530
new in 2025: €9,530
- Gross operating margin +€50,472
up €50,472 (+69.5%), from €72,596 to €123,068
- Taxes +€19,449
up €19,449 (+181.8%), from €10,700 to €30,149
- Financial charges +€1,289
up €1,289 (+76.9%), from €1,677 to €2,966
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 | €73,479 | €217,700 | +€144,221 | +196.3% |
| Fixed assets | 21/28 | €4,481 | €65,718 | +€61,237 | +1366.5% |
| Tangible fixed assets | 22/27 | €4,481 | €6,611 | +€2,130 | +47.5% |
| Furniture and vehicles | 24 | €1,987 | €4,380 | +€2,393 | +120.4% |
| Other tangible fixed assets | 26 | €2,494 | €2,231 | -€263 | -10.5% |
| Financial fixed assets | 28 | - | €59,107 | +€59,107 | |
| Current assets | 29/58 | €68,997 | €151,982 | +€82,985 | +120.3% |
| Amounts receivable within one year | 40/41 | €20,886 | €23,742 | +€2,856 | +13.7% |
| Trade receivables | 40 | €14,956 | €20,456 | +€5,500 | +36.8% |
| Other amounts receivable | 41 | €5,931 | €3,287 | -€2,644 | -44.6% |
| Cash at bank and in hand | 54/58 | €46,256 | €127,165 | +€80,909 | +174.9% |
| Deferred charges and accrued income | 490/1 | €1,855 | €1,075 | -€781 | -42.1% |
| Total equity and liabilities | 10/49 | €73,479 | €217,700 | +€144,221 | +196.3% |
| Equity | 10/15 | €61,319 | €149,749 | +€88,430 | +144.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €58,819 | €147,249 | +€88,430 | +150.3% |
| Distributable reserves | 133 | €58,819 | €147,249 | +€88,430 | +150.3% |
| Amounts payable | 17/49 | €12,160 | €67,951 | +€55,791 | +458.8% |
| Amounts payable after more than one year | 17 | - | €35,061 | +€35,061 | |
| Financial debts | 170/4 | - | €35,061 | +€35,061 | |
| Amounts payable within one year | 42/48 | €12,160 | €32,891 | +€20,730 | +170.5% |
| Current portion of amounts payable after more than one year | 42 | - | €9,530 | +€9,530 | |
| Trade debts | 44 | €2,234 | €886 | -€1,348 | -60.3% |
| Suppliers | 440/4 | €2,234 | €886 | -€1,348 | -60.3% |
| Taxes, remuneration and social security | 45 | €9,926 | €22,474 | +€12,548 | +126.4% |
| Taxes | 450/3 | €9,926 | €22,474 | +€12,548 | +126.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,202 | €1,438 | +€236 | +19.6% |
| Other operating charges | 640/8 | €218 | €120 | -€98 | -45.0% |
| Gross operating margin | 9900 | €72,596 | €123,068 | +€50,472 | +69.5% |
| Operating profit (loss) | 9901 | €71,176 | €121,511 | +€50,334 | +70.7% |
| Financial income | 75/76B | €19 | €34 | +€15 | +79.2% |
| Recurring financial income | 75 | €19 | €34 | +€15 | +79.2% |
| Financial charges | 65/66B | €1,677 | €2,966 | +€1,289 | +76.9% |
| Recurring financial charges | 65 | €1,677 | €2,966 | +€1,289 | +76.9% |
| Profit (loss) for the period before taxes | 9903 | €69,519 | €118,579 | +€49,060 | +70.6% |
| Income taxes | 67/77 | €10,700 | €30,149 | +€19,449 | +181.8% |
| Profit (loss) for the period | 9904 | €58,819 | €88,430 | +€29,611 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,819 | €88,430 | +€29,611 | +50.3% |
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 8 October 2026 via checked.be.