TARACCI THREE: 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.
TARACCI THREE
Largest movements
- Cash -€4,862
down €4,862 (-20.6%), from €23,647 to €18,785
mainly Net result for the year (-€3,749) and Trade debts (-€2,989)
- Profit (loss) carried forward -€3,749
down €3,749 (-57.9%), from -€6,476 to -€10,226
- Trade debts -€2,989
down €2,989 (-10.0%), from €29,980 to €26,992
- Tax, wage and social debts +€1,836
up €1,836 (+83.8%), from €2,192 to €4,028
- Gross operating margin -€3,670
down €3,670, from €1,471 to -€2,200
- Financial charges -€658
down €658 (-33.2%), from €1,980 to €1,322
- Taxes -€140
no longer reported in 2025 (was €140)
- Depreciation +€128
new in 2025: €128
- Other operating charges +€75
up €75 (+298.8%), from €25 to €100
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 | €103,474 | €98,643 | -€4,831 | -4.7% |
| Fixed assets | 21/28 | €0 | €722 | +€722 | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €722 | +€722 | |
| Furniture and vehicles | 24 | €0 | €722 | +€722 | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €103,474 | €97,921 | -€5,554 | -5.4% |
| Stocks and contracts in progress | 3 | €76,418 | €75,551 | -€867 | -1.1% |
| Stocks | 30/36 | €76,418 | €75,551 | -€867 | -1.1% |
| Amounts receivable within one year | 40/41 | €3,014 | €3,585 | +€571 | +18.9% |
| Trade receivables | 40 | €300 | €2,464 | +€2,164 | +721.5% |
| Other amounts receivable | 41 | €2,714 | €1,120 | -€1,593 | -58.7% |
| Cash at bank and in hand | 54/58 | €23,647 | €18,785 | -€4,862 | -20.6% |
| Deferred charges and accrued income | 490/1 | €395 | - | -€395 | |
| Total equity and liabilities | 10/49 | €103,474 | €98,643 | -€4,831 | -4.7% |
| Equity | 10/15 | €23,524 | €19,774 | -€3,749 | -15.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,476 | -€10,226 | -€3,749 | -57.9% |
| Amounts payable | 17/49 | €79,951 | €78,869 | -€1,082 | -1.4% |
| Amounts payable after more than one year | 17 | €47,779 | €47,849 | +€70 | +0.1% |
| Other amounts payable | 178/9 | €47,779 | €47,849 | +€70 | +0.1% |
| Amounts payable within one year | 42/48 | €32,172 | €31,020 | -€1,153 | -3.6% |
| Trade debts | 44 | €29,980 | €26,992 | -€2,989 | -10.0% |
| Suppliers | 440/4 | €29,980 | €26,992 | -€2,989 | -10.0% |
| Taxes, remuneration and social security | 45 | €2,192 | €4,028 | +€1,836 | +83.8% |
| Taxes | 450/3 | €2,192 | €4,028 | +€1,836 | +83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €128 | +€128 | |
| Other operating charges | 640/8 | €25 | €100 | +€75 | +298.8% |
| Gross operating margin | 9900 | €1,471 | -€2,200 | -€3,670 | |
| Operating profit (loss) | 9901 | €1,446 | -€2,427 | -€3,873 | |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €1,980 | €1,322 | -€658 | -33.2% |
| Recurring financial charges | 65 | €1,980 | €1,322 | -€658 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | -€501 | -€3,749 | -€3,248 | -648.7% |
| Income taxes | 67/77 | €140 | - | -€140 | |
| Profit (loss) for the period | 9904 | -€640 | -€3,749 | -€3,109 | -485.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€640 | -€3,749 | -€3,109 | -485.6% |
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 4 October 2026 via checked.be.