TAREK: 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.
TAREK
Largest movements
- Stocks and contracts -€70,000
down €70,000 (-48.2%), from €145,116 to €75,116
- Cash +€26,007
up €26,007 (+77.2%), from €33,698 to €59,705
mainly Stocks and contracts (+€70,000) and Net result for the year (+€30,610)
- Receivables within one year -€9,340
down €9,340 (-94.1%), from €9,928 to €588
of which Other amounts receivable: -€9,928
- Trade debts -€55,874
down €55,874 (-75.7%), from €73,826 to €17,952
- Profit (loss) carried forward +€30,610
up €30,610 (+20.4%), from -€149,766 to -€119,156
- Current portion of long-term debt -€15,548
down €15,548 (-100.0%), from €15,548 to €0
- Tax, wage and social debts -€15,454
down €15,454 (-45.2%), from €34,168 to €18,714
of which Taxes: -€13,954
- Gross operating margin +€51,341
up €51,341 (+12036.4%), from €427 to €51,768
- Other operating charges +€7,989
up €7,989 (+461.9%), from €1,730 to €9,718
- Depreciation -€6,055
down €6,055 (-96.7%), from €6,260 to €205
- Financial income -€1,873
down €1,873 (-99.5%), from €1,883 to €9
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,965 | €137,199 | -€54,766 | -28.5% |
| Fixed assets | 21/28 | €1,871 | €1,666 | -€205 | -10.9% |
| Tangible fixed assets | 22/27 | €1,519 | €1,314 | -€205 | -13.5% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €1,519 | €1,314 | -€205 | -13.5% |
| Financial fixed assets | 28 | €352 | €352 | = | 0.0% |
| Current assets | 29/58 | €190,095 | €135,533 | -€54,562 | -28.7% |
| Stocks and contracts in progress | 3 | €145,116 | €75,116 | -€70,000 | -48.2% |
| Stocks | 30/36 | €145,116 | €75,116 | -€70,000 | -48.2% |
| Amounts receivable within one year | 40/41 | €9,928 | €588 | -€9,340 | -94.1% |
| Trade receivables | 40 | €0 | €588 | +€588 | |
| Other amounts receivable | 41 | €9,928 | €0 | -€9,928 | -100.0% |
| Cash at bank and in hand | 54/58 | €33,698 | €59,705 | +€26,007 | +77.2% |
| Deferred charges and accrued income | 490/1 | €1,352 | €123 | -€1,229 | -90.9% |
| Total equity and liabilities | 10/49 | €191,965 | €137,199 | -€54,766 | -28.5% |
| Equity | 10/15 | -€81,595 | -€50,985 | +€30,610 | +37.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,766 | -€119,156 | +€30,610 | +20.4% |
| Amounts payable | 17/49 | €273,561 | €188,184 | -€85,377 | -31.2% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €173,561 | €88,184 | -€85,377 | -49.2% |
| Current portion of amounts payable after more than one year | 42 | €15,548 | €0 | -€15,548 | -100.0% |
| Trade debts | 44 | €73,826 | €17,952 | -€55,874 | -75.7% |
| Suppliers | 440/4 | €73,826 | €17,952 | -€55,874 | -75.7% |
| Taxes, remuneration and social security | 45 | €34,168 | €18,714 | -€15,454 | -45.2% |
| Taxes | 450/3 | €26,668 | €12,714 | -€13,954 | -52.3% |
| Remuneration and social security | 454/9 | €7,500 | €6,000 | -€1,500 | -20.0% |
| Other amounts payable | 47/48 | €50,019 | €51,518 | +€1,499 | +3.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,260 | €205 | -€6,055 | -96.7% |
| Other operating charges | 640/8 | €1,730 | €9,718 | +€7,989 | +461.9% |
| Gross operating margin | 9900 | €427 | €51,768 | +€51,341 | +12036.4% |
| Operating profit (loss) | 9901 | -€7,563 | €41,845 | +€49,407 | |
| Financial income | 75/76B | €1,883 | €9 | -€1,873 | -99.5% |
| Recurring financial income | 75 | €1,883 | €9 | -€1,873 | -99.5% |
| Financial charges | 65/66B | €9,898 | €10,335 | +€437 | +4.4% |
| Recurring financial charges | 65 | €9,898 | €10,335 | +€437 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,579 | €31,519 | +€47,097 | |
| Income taxes | 67/77 | €667 | €908 | +€242 | +36.2% |
| Profit (loss) for the period | 9904 | -€16,245 | €30,610 | +€46,856 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,245 | €30,610 | +€46,856 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.