TARMID: 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.
TARMID
Largest movements
- Stocks and contracts +€3,035
up €3,035 (+37.1%), from €8,183 to €11,218
- Cash +€377
up €377 (+30.4%), from €1,243 to €1,620
mainly Trade debts (+€2,565) and Tax, wage and social debts (+€1,830)
- Trade debts +€2,565
up €2,565 (+129%), from €1,990 to €4,555
- Tax, wage and social debts +€1,830
up €1,830 (+153%), from €1,197 to €3,027
- Profit (loss) carried forward -€819
down €819 (-13.4%), from -€6,132 to -€6,951
- Other operating charges -€394
down €394 (-38.9%), from €1,012 to €618
- Gross operating margin +€305
up €305 (+99.3%), from -€308 to -€2
- Financial charges -€62
down €62 (-23.8%), from €261 to €199
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 | €17,612 | €21,188 | +€3,576 | +20.3% |
| Current assets | 29/58 | €17,612 | €21,188 | +€3,576 | +20.3% |
| Stocks and contracts in progress | 3 | €8,183 | €11,218 | +€3,035 | +37.1% |
| Stocks | 30/36 | €8,183 | €11,218 | +€3,035 | +37.1% |
| Amounts receivable within one year | 40/41 | €8,187 | €8,350 | +€163 | +2.0% |
| Trade receivables | 40 | €6,159 | €6,159 | = | 0.0% |
| Other amounts receivable | 41 | €2,028 | €2,191 | +€163 | +8.1% |
| Cash at bank and in hand | 54/58 | €1,243 | €1,620 | +€377 | +30.4% |
| Total equity and liabilities | 10/49 | €17,612 | €21,188 | +€3,576 | +20.3% |
| Equity | 10/15 | €14,328 | €13,509 | -€819 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€6,132 | -€6,951 | -€819 | -13.4% |
| Amounts payable | 17/49 | €3,284 | €7,679 | +€4,395 | +134% |
| Amounts payable within one year | 42/48 | €3,284 | €7,679 | +€4,395 | +134% |
| Trade debts | 44 | €1,990 | €4,555 | +€2,565 | +129% |
| Suppliers | 440/4 | €1,990 | €4,555 | +€2,565 | +129% |
| Taxes, remuneration and social security | 45 | €1,197 | €3,027 | +€1,830 | +153% |
| Remuneration and social security | 454/9 | €1,197 | €3,027 | +€1,830 | +153% |
| Other amounts payable | 47/48 | €97 | €97 | = | 0.0% |
| Other operating charges | 640/8 | €1,012 | €618 | -€394 | -38.9% |
| Gross operating margin | 9900 | -€308 | -€2 | +€305 | +99.3% |
| Operating profit (loss) | 9901 | -€1,319 | -€620 | +€699 | +53.0% |
| Financial charges | 65/66B | €261 | €199 | -€62 | -23.8% |
| Recurring financial charges | 65 | €261 | €199 | -€62 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,581 | -€819 | +€761 | +48.2% |
| Profit (loss) for the period | 9904 | -€1,581 | -€819 | +€761 | +48.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,581 | -€819 | +€761 | +48.2% |
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 15 October 2026 via checked.be.