TARE: 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.
TARE
Largest movements
- Cash +€160,385
up €160,385 (+262.2%), from €61,164 to €221,549
mainly Current investments (+€150,000) and Receivables within one year (+€8,606)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Receivables within one year -€8,606
down €8,606 (-26.9%), from €32,036 to €23,430
of which Trade receivables: -€21,599
- Deferred charges and accrued income -€4,980
down €4,980 (-99.6%), from €5,000 to €20
- Tax, wage and social debts -€4,099
down €4,099 (-73.2%), from €5,601 to €1,502
- Gross operating margin -€2,916
down €2,916 (-58.4%), from €4,995 to €2,080
- Taxes -€1,382
down €1,382 (-89.3%), from €1,547 to €165
- Other operating charges +€1,222
up €1,222 (+300.3%), from €407 to €1,629
- Depreciation -€532
down €532 (-36.4%), from €1,459 to €928
- Financial charges -€64
down €64 (-9.9%), from €646 to €582
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.
Cash bridge derived
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 | €299,589 | €296,674 | -€2,915 | -1.0% |
| Fixed assets | 21/28 | €1,389 | €1,675 | +€286 | +20.6% |
| Tangible fixed assets | 22/27 | €1,389 | €1,675 | +€286 | +20.6% |
| Furniture and vehicles | 24 | €1,389 | €1,675 | +€286 | +20.6% |
| Current assets | 29/58 | €298,200 | €294,999 | -€3,201 | -1.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,036 | €23,430 | -€8,606 | -26.9% |
| Trade receivables | 40 | €21,599 | - | -€21,599 | |
| Other amounts receivable | 41 | €10,438 | €23,430 | +€12,992 | +124.5% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €61,164 | €221,549 | +€160,385 | +262.2% |
| Deferred charges and accrued income | 490/1 | €5,000 | €20 | -€4,980 | -99.6% |
| Total equity and liabilities | 10/49 | €299,589 | €296,674 | -€2,915 | -1.0% |
| Equity | 10/15 | €293,194 | €293,230 | +€36 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €286,929 | €286,929 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €285,069 | €285,069 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65 | €101 | +€36 | +56.1% |
| Amounts payable | 17/49 | €6,396 | €3,444 | -€2,951 | -46.1% |
| Amounts payable within one year | 42/48 | €6,396 | €3,444 | -€2,951 | -46.1% |
| Trade debts | 44 | €337 | €1,942 | +€1,605 | +476.2% |
| Suppliers | 440/4 | €337 | €1,942 | +€1,605 | +476.2% |
| Taxes, remuneration and social security | 45 | €5,601 | €1,502 | -€4,099 | -73.2% |
| Taxes | 450/3 | €5,601 | €1,502 | -€4,099 | -73.2% |
| Other amounts payable | 47/48 | €458 | - | -€458 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,459 | €928 | -€532 | -36.4% |
| Other operating charges | 640/8 | €407 | €1,629 | +€1,222 | +300.3% |
| Gross operating margin | 9900 | €4,995 | €2,080 | -€2,916 | -58.4% |
| Operating profit (loss) | 9901 | €3,129 | -€478 | -€3,606 | |
| Financial income | 75/76B | €1,198 | €1,261 | +€63 | +5.3% |
| Recurring financial income | 75 | €1,198 | €1,261 | +€63 | +5.3% |
| Financial charges | 65/66B | €646 | €582 | -€64 | -9.9% |
| Recurring financial charges | 65 | €646 | €582 | -€64 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €3,680 | €201 | -€3,479 | -94.5% |
| Income taxes | 67/77 | €1,547 | €165 | -€1,382 | -89.3% |
| Profit (loss) for the period | 9904 | €2,133 | €36 | -€2,097 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,133 | €36 | -€2,097 | -98.3% |
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 2 October 2026 via checked.be.