TARI: 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.
TARI
Largest movements
- Cash +€6,868
up €6,868 (+89.1%), from €7,705 to €14,573
mainly Trade debts (+€16,956) and Net result for the year (+€3,511)
- Financial fixed assets -€3,685
no longer reported in 2025 (was €3,685)
- Tangible fixed assets +€2,943
up €2,943 (+261%), from €1,129 to €4,071
- Stocks and contracts +€2,884
up €2,884 (+7.1%), from €40,677 to €43,560
- Receivables within one year -€1,095
down €1,095 (-60.3%), from €1,814 to €720
- Trade debts +€16,956
up €16,956 (+170%), from €9,985 to €26,941
- Other debts -€9,590
down €9,590 (-96.6%), from €9,929 to €339
- Tax, wage and social debts +€735
up €735 (+129%), from €569 to €1,303
- Other operating charges -€4,596
down €4,596 (-57.4%), from €8,006 to €3,410
- Gross operating margin -€2,422
down €2,422 (-17.1%), from €14,143 to €11,721
- Depreciation +€232
up €232 (+126%), from €185 to €417
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 | €55,010 | €62,925 | +€7,915 | +14.4% |
| Fixed assets | 21/28 | €4,814 | €4,071 | -€742 | -15.4% |
| Tangible fixed assets | 22/27 | €1,129 | €4,071 | +€2,943 | +261% |
| Plant, machinery and equipment | 23 | €1,129 | €4,071 | +€2,943 | +261% |
| Financial fixed assets | 28 | €3,685 | - | -€3,685 | |
| Current assets | 29/58 | €50,196 | €58,853 | +€8,657 | +17.2% |
| Stocks and contracts in progress | 3 | €40,677 | €43,560 | +€2,884 | +7.1% |
| Stocks | 30/36 | €40,677 | €43,560 | +€2,884 | +7.1% |
| Amounts receivable within one year | 40/41 | €1,814 | €720 | -€1,095 | -60.3% |
| Other amounts receivable | 41 | €1,814 | €720 | -€1,095 | -60.3% |
| Cash at bank and in hand | 54/58 | €7,705 | €14,573 | +€6,868 | +89.1% |
| Total equity and liabilities | 10/49 | €55,010 | €62,925 | +€7,915 | +14.4% |
| Equity | 10/15 | €34,527 | €34,341 | -€186 | -0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,927 | €15,741 | -€186 | -1.2% |
| Distributable reserves | 133 | €15,927 | €15,741 | -€186 | -1.2% |
| Amounts payable | 17/49 | €20,483 | €28,584 | +€8,101 | +39.6% |
| Amounts payable within one year | 42/48 | €20,483 | €28,584 | +€8,101 | +39.6% |
| Trade debts | 44 | €9,985 | €26,941 | +€16,956 | +170% |
| Suppliers | 440/4 | €9,985 | €26,941 | +€16,956 | +170% |
| Taxes, remuneration and social security | 45 | €569 | €1,303 | +€735 | +129% |
| Taxes | 450/3 | €569 | €1,303 | +€735 | +129% |
| Other amounts payable | 47/48 | €9,929 | €339 | -€9,590 | -96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185 | €417 | +€232 | +126% |
| Other operating charges | 640/8 | €8,006 | €3,410 | -€4,596 | -57.4% |
| Non-recurring operating charges | 66A | - | €3,685 | +€3,685 | |
| Gross operating margin | 9900 | €14,143 | €11,721 | -€2,422 | -17.1% |
| Operating profit (loss) | 9901 | €5,952 | €4,209 | -€1,743 | -29.3% |
| Financial income | 75/76B | €25 | €39 | +€14 | +57.2% |
| Recurring financial income | 75 | €25 | €39 | +€14 | +57.2% |
| Financial charges | 65/66B | €344 | €244 | -€100 | -29.1% |
| Recurring financial charges | 65 | €344 | €244 | -€100 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €5,633 | €4,004 | -€1,629 | -28.9% |
| Income taxes | 67/77 | €512 | €493 | -€19 | -3.7% |
| Profit (loss) for the period | 9904 | €5,121 | €3,511 | -€1,610 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,121 | €3,511 | -€1,610 | -31.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.