TARANARTOS: 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.
TARANARTOS
Largest movements
- Tangible fixed assets -€5,223
down €5,223 (-33.1%), from €15,760 to €10,537
of which Furniture and vehicles: -€4,800
- Receivables within one year -€3,473
down €3,473 (-31.4%), from €11,075 to €7,602
of which Trade receivables: -€3,335
- Cash -€2,544
down €2,544 (-6.4%), from €39,950 to €37,406
mainly Trade debts (-€8,478) and Contributions, distributions and other (-€5,882)
- Trade debts -€8,478
down €8,478 (-47.2%), from €17,956 to €9,477
- Reserves +€6,148
up €6,148 (+21.2%), from €29,065 to €35,213
- Debts after one year -€3,513
down €3,513 (-100%), from €3,513 to €0
- Tax, wage and social debts -€2,994
down €2,994 (-28.4%), from €10,534 to €7,540
of which Taxes: -€1,594
- Current portion of long-term debt -€2,575
down €2,575 (-42.3%), from €6,089 to €3,513
- Other operating charges +€2,233
up €2,233 (+435%), from €513 to €2,747
- Gross operating margin -€1,441
down €1,441 (-5.6%), from €25,535 to €24,094
- Taxes -€283
down €283 (-7.2%), from €3,926 to €3,643
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.
Derived cash bridge
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 | €74,927 | €63,315 | -€11,612 | -15.5% |
| Fixed assets | 21/28 | €17,790 | €12,567 | -€5,223 | -29.4% |
| Tangible fixed assets | 22/27 | €15,760 | €10,537 | -€5,223 | -33.1% |
| Plant, machinery and equipment | 23 | €1,360 | €937 | -€423 | -31.1% |
| Furniture and vehicles | 24 | €14,400 | €9,600 | -€4,800 | -33.3% |
| Financial fixed assets | 28 | €2,030 | €2,030 | = | 0.0% |
| Current assets | 29/58 | €57,137 | €50,748 | -€6,389 | -11.2% |
| Stocks and contracts in progress | 3 | €6,112 | €5,740 | -€372 | -6.1% |
| Stocks | 30/36 | €6,112 | €5,740 | -€372 | -6.1% |
| Amounts receivable within one year | 40/41 | €11,075 | €7,602 | -€3,473 | -31.4% |
| Trade receivables | 40 | €10,931 | €7,596 | -€3,335 | -30.5% |
| Other amounts receivable | 41 | €144 | €6 | -€138 | -95.7% |
| Cash at bank and in hand | 54/58 | €39,950 | €37,406 | -€2,544 | -6.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €74,927 | €63,315 | -€11,612 | -15.5% |
| Equity | 10/15 | €32,065 | €38,213 | +€6,148 | +19.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,065 | €35,213 | +€6,148 | +21.2% |
| Distributable reserves | 133 | €29,065 | €35,213 | +€6,148 | +21.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €42,862 | €25,102 | -€17,761 | -41.4% |
| Amounts payable after more than one year | 17 | €3,513 | €0 | -€3,513 | -100% |
| Financial debts | 170/4 | €3,513 | €0 | -€3,513 | -100% |
| Amounts payable within one year | 42/48 | €39,349 | €25,102 | -€14,247 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €6,089 | €3,513 | -€2,575 | -42.3% |
| Trade debts | 44 | €17,956 | €9,477 | -€8,478 | -47.2% |
| Suppliers | 440/4 | €17,956 | €9,477 | -€8,478 | -47.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,534 | €7,540 | -€2,994 | -28.4% |
| Taxes | 450/3 | €9,134 | €7,540 | -€1,594 | -17.4% |
| Remuneration and social security | 454/9 | €1,400 | €0 | -€1,400 | -100% |
| Other amounts payable | 47/48 | €4,771 | €4,571 | -€200 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,223 | €5,223 | +€0 | 0.0% |
| Other operating charges | 640/8 | €513 | €2,747 | +€2,233 | +435% |
| Gross operating margin | 9900 | €25,535 | €24,094 | -€1,441 | -5.6% |
| Operating profit (loss) | 9901 | €19,799 | €16,125 | -€3,674 | -18.6% |
| Financial income | 75/76B | €57 | €56 | -€1 | -2.1% |
| Recurring financial income | 75 | €57 | €56 | -€1 | -2.1% |
| Financial charges | 65/66B | €378 | €506 | +€128 | +33.9% |
| Recurring financial charges | 65 | €378 | €506 | +€128 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €19,477 | €15,674 | -€3,803 | -19.5% |
| Income taxes | 67/77 | €3,926 | €3,643 | -€283 | -7.2% |
| Profit (loss) for the period | 9904 | €15,552 | €12,031 | -€3,521 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,552 | €12,031 | -€3,521 | -22.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.