TARDIGRADE MANAGEMENT: 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.
TARDIGRADE MANAGEMENT
Largest movements
- Receivables within one year +€95,859
up €95,859 (+262%), from €36,574 to €132,433
of which Other amounts receivable: +€93,017
- Cash +€48,110
up €48,110 (+52.8%), from €91,045 to €139,155
mainly Net result for the year (+€105,906) and Tax, wage and social debts (+€32,536)
- Profit (loss) carried forward +€105,906
up €105,906 (+102%), from €103,732 to €209,638
- Tax, wage and social debts +€32,536
up €32,536 (+112%), from €29,150 to €61,686
- Trade debts +€4,939
new in 2025: €4,939
- Financial income +€1,739
up €1,739 (+353%), from €492 to €2,230
- Gross operating margin +€1,396
up €1,396 (+1.0%), from €135,013 to €136,409
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 | €132,882 | €276,263 | +€143,381 | +108% |
| Fixed assets | 21/28 | €4,430 | €4,046 | -€383 | -8.7% |
| Tangible fixed assets | 22/27 | €4,430 | €4,046 | -€383 | -8.7% |
| Furniture and vehicles | 24 | €4,430 | €4,046 | -€383 | -8.7% |
| Current assets | 29/58 | €128,452 | €272,216 | +€143,765 | +112% |
| Amounts receivable within one year | 40/41 | €36,574 | €132,433 | +€95,859 | +262% |
| Trade receivables | 40 | €26,375 | €29,217 | +€2,842 | +10.8% |
| Other amounts receivable | 41 | €10,198 | €103,216 | +€93,017 | +912% |
| Cash at bank and in hand | 54/58 | €91,045 | €139,155 | +€48,110 | +52.8% |
| Deferred charges and accrued income | 490/1 | €833 | €629 | -€205 | -24.6% |
| Total equity and liabilities | 10/49 | €132,882 | €276,263 | +€143,381 | +108% |
| Equity | 10/15 | €103,732 | €209,638 | +€105,906 | +102% |
| Profit (loss) carried forward | 14 | €103,732 | €209,638 | +€105,906 | +102% |
| Amounts payable | 17/49 | €29,150 | €66,625 | +€37,475 | +129% |
| Amounts payable within one year | 42/48 | €29,150 | €66,625 | +€37,475 | +129% |
| Trade debts | 44 | - | €4,939 | +€4,939 | |
| Suppliers | 440/4 | - | €4,939 | +€4,939 | |
| Taxes, remuneration and social security | 45 | €29,150 | €61,686 | +€32,536 | +112% |
| Taxes | 450/3 | €29,150 | €61,686 | +€32,536 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,255 | €1,325 | +€70 | +5.6% |
| Other operating charges | 640/8 | €75 | €320 | +€245 | +327% |
| Gross operating margin | 9900 | €135,013 | €136,409 | +€1,396 | +1.0% |
| Operating profit (loss) | 9901 | €133,683 | €134,763 | +€1,080 | +0.8% |
| Financial income | 75/76B | €492 | €2,230 | +€1,739 | +353% |
| Recurring financial income | 75 | €492 | €2,230 | +€1,739 | +353% |
| Financial charges | 65/66B | €1,293 | €1,434 | +€141 | +10.9% |
| Recurring financial charges | 65 | €1,293 | €1,434 | +€141 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €132,882 | €135,560 | +€2,678 | +2.0% |
| Income taxes | 67/77 | €29,150 | €29,654 | +€504 | +1.7% |
| Profit (loss) for the period | 9904 | €103,732 | €105,906 | +€2,174 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €103,732 | €105,906 | +€2,174 | +2.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.