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TARCOM: 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.

What changed

TARCOM

BE 0431.498.263
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,795
2024 · €1,752+€43
Equity
€31,440
2024 · €29,645+€1,795
Cash
€9,360
2024 · €9,552-€192
Balance sheet total
€68,854
2024 · €69,047-€192

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Other debts -€1,862

      down €1,862 (-4.7%), from €39,276 to €37,414

    • Profit (loss) carried forward +€1,795

      up €1,795 (+12.1%), from -€14,865 to -€13,069

    Income statement
    • Gross operating margin +€111

      up €111 (+2.9%), from €3,877 to €3,987

    • Other operating charges +€63

      up €63 (+3.1%), from €2,057 to €2,120

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 €1,752
    Gross operating margin +€111
    Other operating charges -€63
    Financial charges -€5
    Result 2025 €1,795

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations -€192
    Investment €0
    Financing €0
    Cash 2024 €9,552
    Net result for the year +€1,795
    Trade debts -€126
    Other debts -€1,862
    Cash 2025 €9,360
    Every line side by side 25 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €69,047 €68,854 -€192 -0.3%
    Fixed assets 21/28 €59,494 €59,494 = 0.0%
    Tangible fixed assets 22/27 €59,494 €59,494 = 0.0%
    Land and buildings 22 €59,494 €59,494 = 0.0%
    Current assets 29/58 €9,552 €9,360 -€192 -2.0%
    Cash at bank and in hand 54/58 €9,552 €9,360 -€192 -2.0%
    Total equity and liabilities 10/49 €69,047 €68,854 -€192 -0.3%
    Equity 10/15 €29,645 €31,440 +€1,795 +6.1%
    Contributions 10/11 €18,550 €18,550 = 0.0%
    Reserves 13 €25,960 €25,960 = 0.0%
    Distributable reserves 133 €25,960 €25,960 = 0.0%
    Profit (loss) carried forward 14 -€14,865 -€13,069 +€1,795 +12.1%
    Amounts payable 17/49 €39,402 €37,414 -€1,988 -5.0%
    Amounts payable within one year 42/48 €39,402 €37,414 -€1,988 -5.0%
    Trade debts 44 €126 - -€126
    Suppliers 440/4 €126 - -€126
    Other amounts payable 47/48 €39,276 €37,414 -€1,862 -4.7%
    Other operating charges 640/8 €2,057 €2,120 +€63 +3.1%
    Gross operating margin 9900 €3,877 €3,987 +€111 +2.9%
    Operating profit (loss) 9901 €1,819 €1,867 +€48 +2.6%
    Financial charges 65/66B €67 €72 +€5 +7.5%
    Recurring financial charges 65 €67 €72 +€5 +7.5%
    Profit (loss) for the period before taxes 9903 €1,752 €1,795 +€43 +2.5%
    Profit (loss) for the period 9904 €1,752 €1,795 +€43 +2.5%
    Profit (loss) for the period to be appropriated 9905 €1,752 €1,795 +€43 +2.5%

    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 6 October 2026 via checked.be.