TARCO: 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.
TARCO
Largest movements
- Cash -€8,027
down €8,027 (-13.8%), from €58,031 to €50,004
mainly Net result for the year (-€7,294) and Trade debts (-€779)
- Profit (loss) carried forward -€7,294
down €7,294 (-70.2%), from -€10,396 to -€17,690
- Trade debts -€779
down €779 (-11.2%), from €6,973 to €6,194
- Gross operating margin +€616
up €616 (+10.5%), from -€5,848 to -€5,232
- Purchases and services -€616
down €616 (-10.5%), from €5,848 to €5,232
- Other operating charges +€149
up €149 (+8.6%), from €1,737 to €1,885
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 | €58,229 | €50,004 | -€8,224 | -14.1% |
| Current assets | 29/58 | €58,229 | €50,004 | -€8,224 | -14.1% |
| Amounts receivable within one year | 40/41 | €197 | €0 | -€197 | -100% |
| Trade receivables | 40 | €197 | €0 | -€197 | -100% |
| Cash at bank and in hand | 54/58 | €58,031 | €50,004 | -€8,027 | -13.8% |
| Total equity and liabilities | 10/49 | €58,229 | €50,004 | -€8,224 | -14.1% |
| Equity | 10/15 | €51,104 | €43,810 | -€7,294 | -14.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,396 | -€17,690 | -€7,294 | -70.2% |
| Amounts payable | 17/49 | €7,125 | €6,194 | -€931 | -13.1% |
| Amounts payable within one year | 42/48 | €7,125 | €6,194 | -€931 | -13.1% |
| Trade debts | 44 | €6,973 | €6,194 | -€779 | -11.2% |
| Suppliers | 440/4 | €6,973 | €6,194 | -€779 | -11.2% |
| Other amounts payable | 47/48 | €151 | €0 | -€151 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,848 | €5,232 | -€616 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,737 | €1,885 | +€149 | +8.6% |
| Gross operating margin | 9900 | -€5,848 | -€5,232 | +€616 | +10.5% |
| Operating profit (loss) | 9901 | -€7,585 | -€7,117 | +€468 | +6.2% |
| Financial charges | 65/66B | €172 | €176 | +€4 | +2.4% |
| Recurring financial charges | 65 | €172 | €176 | +€4 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,757 | -€7,294 | +€463 | +6.0% |
| Profit (loss) for the period | 9904 | -€7,757 | -€7,294 | +€463 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,757 | -€7,294 | +€463 | +6.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.