TARANTULA BELGIQUE: 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.
TARANTULA BELGIQUE
Largest movements
- Intangible fixed assets -€382,092
down €382,092 (-16.5%), from €2.3m to €1.9m
- Cash +€150,134
up €150,134 (+5,979%), from €2,511 to €152,645
mainly Depreciation (+€649,485) and Trade debts (+€418,249)
- Receivables within one year +€134,984
up €134,984 (+12.0%), from €1.1m to €1.3m
of which Other amounts receivable: +€233,989
- Trade debts +€418,249
up €418,249 (+66.0%), from €633,812 to €1.1m
- Short-term financial debts -€329,340
down €329,340 (-27.2%), from €1.2m to €880,667
- Investment grants -€242,988
down €242,988 (-11.1%), from €2.2m to €1.9m
- Tax, wage and social debts +€92,692
up €92,692 (+136%), from €68,097 to €160,789
of which Taxes: +€93,382
- Provisions -€40,716
down €40,716 (-64.4%), from €63,193 to €22,477
- Depreciation -€568,071
down €568,071 (-46.7%), from €1.2m to €649,485
- Financial income -€403,419
down €403,419 (-38.4%), from €1.1m to €647,828
- Gross operating margin +€65,754
up €65,754 (+61.1%), from €107,701 to €173,455
- Staff costs +€48,109
up €48,109 (+72.0%), from €66,829 to €114,937
- Financial charges -€10,805
down €10,805 (-13.0%), from €82,866 to €72,061
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 | €3,500,116 | €3,391,172 | -€108,944 | -3.1% |
| Fixed assets | 21/28 | €2,368,877 | €1,974,814 | -€394,063 | -16.6% |
| Intangible fixed assets | 21 | €2,317,658 | €1,935,566 | -€382,092 | -16.5% |
| Tangible fixed assets | 22/27 | €41,293 | €30,572 | -€10,721 | -26.0% |
| Plant, machinery and equipment | 23 | €1,591 | €795 | -€795 | -50.0% |
| Furniture and vehicles | 24 | €39,702 | €29,776 | -€9,925 | -25.0% |
| Financial fixed assets | 28 | €9,926 | €8,676 | -€1,250 | -12.6% |
| Current assets | 29/58 | €1,131,239 | €1,416,357 | +€285,118 | +25.2% |
| Amounts receivable within one year | 40/41 | €1,128,473 | €1,263,457 | +€134,984 | +12.0% |
| Trade receivables | 40 | €536,167 | €437,162 | -€99,005 | -18.5% |
| Other amounts receivable | 41 | €592,306 | €826,295 | +€233,989 | +39.5% |
| Current investments | 50/53 | €255 | €255 | +€0 | +0.1% |
| Cash at bank and in hand | 54/58 | €2,511 | €152,645 | +€150,134 | +5,979% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,500,116 | €3,391,172 | -€108,944 | -3.1% |
| Equity | 10/15 | €1,432,381 | €1,191,754 | -€240,627 | -16.8% |
| Contributions | 10/11 | €32,276 | €32,276 | = | 0.0% |
| Contributions outside capital | 11 | €32,276 | €32,276 | = | 0.0% |
| Other | 1109/19 | €32,276 | €32,276 | = | 0.0% |
| Reserves | 13 | €9,471 | €9,471 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,906 | €3,906 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,906 | €3,906 | = | 0.0% |
| Distributable reserves | 133 | €5,565 | €5,565 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€801,263 | -€798,902 | +€2,362 | +0.3% |
| Investment grants | 15 | €2,191,897 | €1,948,909 | -€242,988 | -11.1% |
| Provisions and deferred taxes | 16 | €63,193 | €22,477 | -€40,716 | -64.4% |
| Deferred taxes | 168 | €63,193 | €22,477 | -€40,716 | -64.4% |
| Amounts payable | 17/49 | €2,004,542 | €2,176,941 | +€172,399 | +8.6% |
| Amounts payable after more than one year | 17 | €37,819 | €28,214 | -€9,605 | -25.4% |
| Financial debts | 170/4 | €37,819 | €28,214 | -€9,605 | -25.4% |
| Amounts payable within one year | 42/48 | €1,966,724 | €2,148,727 | +€182,004 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €9,203 | €9,605 | +€402 | +4.4% |
| Financial debts | 43 | €1,210,008 | €880,667 | -€329,340 | -27.2% |
| Credit institutions | 430/8 | €1,210,008 | €880,667 | -€329,340 | -27.2% |
| Trade debts | 44 | €633,812 | €1,052,061 | +€418,249 | +66.0% |
| Suppliers | 440/4 | €633,812 | €1,052,061 | +€418,249 | +66.0% |
| Taxes, remuneration and social security | 45 | €68,097 | €160,789 | +€92,692 | +136% |
| Taxes | 450/3 | €52,782 | €146,164 | +€93,382 | +177% |
| Remuneration and social security | 454/9 | €15,315 | €14,626 | -€689 | -4.5% |
| Other amounts payable | 47/48 | €45,605 | €45,605 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,331 | +€4,331 | |
| Remuneration, social security and pensions | 62 | €66,829 | €114,937 | +€48,109 | +72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,217,555 | €649,485 | -€568,071 | -46.7% |
| Other operating charges | 640/8 | €27,548 | €22,980 | -€4,568 | -16.6% |
| Gross operating margin | 9900 | €107,701 | €173,455 | +€65,754 | +61.1% |
| Operating profit (loss) | 9901 | -€1,204,230 | -€613,946 | +€590,284 | +49.0% |
| Financial income | 75/76B | €1,051,247 | €647,828 | -€403,419 | -38.4% |
| Recurring financial income | 75 | €1,051,247 | €647,828 | -€403,419 | -38.4% |
| Financial charges | 65/66B | €82,866 | €72,061 | -€10,805 | -13.0% |
| Recurring financial charges | 65 | €82,866 | €72,061 | -€10,805 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€235,849 | -€38,179 | +€197,670 | +83.8% |
| Transfer from deferred taxes | 780 | €131,967 | €40,716 | -€91,251 | -69.1% |
| Income taxes | 67/77 | €77 | €175 | +€98 | +126% |
| Profit (loss) for the period | 9904 | -€103,959 | €2,362 | +€106,321 | |
| Profit (loss) for the period to be appropriated | 9905 | -€103,959 | €2,362 | +€106,321 |
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 1 November 2026 via checked.be.