TARMAC: 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.
TARMAC
Largest movements
- Receivables within one year -€5,645
down €5,645 (-88.7%), from €6,367 to €722
of which Other amounts receivable: -€3,296
- Tangible fixed assets -€1,372
down €1,372 (-46.5%), from €2,950 to €1,578
of which Furniture and vehicles: -€1,102
- Cash +€190
up €190 (+760%), from €25 to €215
mainly Receivables within one year (+€5,645) and Trade debts (+€2,077)
- Profit (loss) carried forward -€7,453
down €7,453 (-69.1%), from -€10,793 to -€18,246
- Trade debts +€2,077
up €2,077 (+183%), from €1,135 to €3,212
- Tax, wage and social debts -€1,452
down €1,452 (-98.4%), from €1,476 to €24
- Purchases and services -€344,640
no longer reported in 2025 (was €344,640)
- Turnover -€330,474
no longer reported in 2025 (was €330,474)
- Gross operating margin +€4,073
up €4,073 (+54.7%), from -€7,452 to -€3,379
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 | €9,342 | €2,515 | -€6,827 | -73.1% |
| Fixed assets | 21/28 | €2,950 | €1,578 | -€1,372 | -46.5% |
| Tangible fixed assets | 22/27 | €2,950 | €1,578 | -€1,372 | -46.5% |
| Plant, machinery and equipment | 23 | €469 | €199 | -€270 | -57.6% |
| Furniture and vehicles | 24 | €2,481 | €1,379 | -€1,102 | -44.4% |
| Current assets | 29/58 | €6,392 | €937 | -€5,455 | -85.3% |
| Amounts receivable within one year | 40/41 | €6,367 | €722 | -€5,645 | -88.7% |
| Trade receivables | 40 | €2,392 | €43 | -€2,349 | -98.2% |
| Other amounts receivable | 41 | €3,975 | €679 | -€3,296 | -82.9% |
| Cash at bank and in hand | 54/58 | €25 | €215 | +€190 | +760% |
| Total equity and liabilities | 10/49 | €9,342 | €2,515 | -€6,827 | -73.1% |
| Equity | 10/15 | €6,731 | -€721 | -€7,452 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Share premium | 1100/10 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €7,524 | €7,525 | +€1 | 0.0% |
| Distributable reserves | 133 | €7,524 | €7,525 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | -€10,793 | -€18,246 | -€7,453 | -69.1% |
| Amounts payable | 17/49 | €2,611 | €3,236 | +€625 | +23.9% |
| Amounts payable within one year | 42/48 | €2,611 | €3,236 | +€625 | +23.9% |
| Trade debts | 44 | €1,135 | €3,212 | +€2,077 | +183% |
| Suppliers | 440/4 | €1,135 | €3,212 | +€2,077 | +183% |
| Taxes, remuneration and social security | 45 | €1,476 | €24 | -€1,452 | -98.4% |
| Taxes | 450/3 | €1,476 | €24 | -€1,452 | -98.4% |
| Turnover | 70 | €330,474 | - | -€330,474 | |
| Goods, raw materials, services and sundry goods | 60/61 | €344,640 | - | -€344,640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,094 | €1,372 | +€278 | +25.4% |
| Other operating charges | 640/8 | €2,055 | €2,427 | +€372 | +18.1% |
| Gross operating margin | 9900 | -€7,452 | -€3,379 | +€4,073 | +54.7% |
| Operating profit (loss) | 9901 | -€10,601 | -€7,178 | +€3,423 | +32.3% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €195 | €274 | +€79 | +40.5% |
| Recurring financial charges | 65 | €195 | €274 | +€79 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,793 | -€7,452 | +€3,341 | +31.0% |
| Profit (loss) for the period | 9904 | -€10,793 | -€7,452 | +€3,341 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,793 | -€7,452 | +€3,341 | +31.0% |
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 20 October 2026 via checked.be.