Tartelle: 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.
Tartelle
Largest movements
- Tangible fixed assets -€10,634
down €10,634 (-13.9%), from €76,641 to €66,007
- Deferred charges and accrued income +€9,615
up €9,615 (+261%), from €3,690 to €13,305
- Financial fixed assets +€7,200
new in 2025: €7,200
- Cash +€4,813
up €4,813 (+46.5%), from €10,357 to €15,170
mainly Net result for the year (+€49,000) and Tax, wage and social debts (+€12,535)
- Receivables within one year +€3,100
up €3,100 (+42.0%), from €7,386 to €10,486
of which Other amounts receivable: +€2,385
- Tax, wage and social debts +€12,535
up €12,535 (+127%), from €9,854 to €22,389
of which Taxes: +€11,470
- Debts after one year -€11,719
down €11,719 (-32.3%), from €36,291 to €24,572
- Trade debts +€8,539
up €8,539 (+114%), from €7,506 to €16,045
- Profit (loss) carried forward +€4,000
new in 2025: €4,000
- Purchases and services +€204,678
new in 2025: €204,678
- Gross operating margin +€15,583
up €15,583 (+17.2%), from €90,768 to €106,351
- Taxes +€12,370
up €12,370 (+779%), from €1,587 to €13,957
- Staff costs +€1,551
up €1,551 (+5.9%), from €26,429 to €27,980
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 | €101,963 | €115,610 | +€13,647 | +13.4% |
| Fixed assets | 21/28 | €76,641 | €73,207 | -€3,434 | -4.5% |
| Tangible fixed assets | 22/27 | €76,641 | €66,007 | -€10,634 | -13.9% |
| Land and buildings | 22 | €52,244 | €48,653 | -€3,591 | -6.9% |
| Plant, machinery and equipment | 23 | €11,956 | €9,662 | -€2,294 | -19.2% |
| Furniture and vehicles | 24 | €1,055 | - | -€1,055 | |
| Leasing and similar rights | 25 | €11,386 | €7,692 | -€3,694 | -32.4% |
| Financial fixed assets | 28 | - | €7,200 | +€7,200 | |
| Current assets | 29/58 | €25,322 | €42,403 | +€17,081 | +67.5% |
| Stocks and contracts in progress | 3 | €3,889 | €3,442 | -€447 | -11.5% |
| Stocks | 30/36 | €3,889 | €3,442 | -€447 | -11.5% |
| Amounts receivable within one year | 40/41 | €7,386 | €10,486 | +€3,100 | +42.0% |
| Trade receivables | 40 | €5,342 | €6,057 | +€715 | +13.4% |
| Other amounts receivable | 41 | €2,044 | €4,429 | +€2,385 | +117% |
| Cash at bank and in hand | 54/58 | €10,357 | €15,170 | +€4,813 | +46.5% |
| Deferred charges and accrued income | 490/1 | €3,690 | €13,305 | +€9,615 | +261% |
| Total equity and liabilities | 10/49 | €101,963 | €115,610 | +€13,647 | +13.4% |
| Equity | 10/15 | €29,634 | €33,634 | +€4,000 | +13.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €14,634 | €14,634 | = | 0.0% |
| Distributable reserves | 133 | €14,634 | €14,634 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,000 | +€4,000 | |
| Amounts payable | 17/49 | €72,329 | €81,976 | +€9,647 | +13.3% |
| Amounts payable after more than one year | 17 | €36,291 | €24,572 | -€11,719 | -32.3% |
| Financial debts | 170/4 | €36,291 | €24,572 | -€11,719 | -32.3% |
| Amounts payable within one year | 42/48 | €36,038 | €57,404 | +€21,366 | +59.3% |
| Current portion of amounts payable after more than one year | 42 | €11,719 | €11,719 | = | 0.0% |
| Trade debts | 44 | €7,506 | €16,045 | +€8,539 | +114% |
| Suppliers | 440/4 | €7,506 | €16,045 | +€8,539 | +114% |
| Taxes, remuneration and social security | 45 | €9,854 | €22,389 | +€12,535 | +127% |
| Taxes | 450/3 | €5,593 | €17,063 | +€11,470 | +205% |
| Remuneration and social security | 454/9 | €4,261 | €5,326 | +€1,065 | +25.0% |
| Other amounts payable | 47/48 | €6,959 | €7,251 | +€292 | +4.2% |
| Non-recurring operating income | 76A | - | €558 | +€558 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €204,678 | +€204,678 | |
| Remuneration, social security and pensions | 62 | €26,429 | €27,980 | +€1,551 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,706 | €11,733 | +€1,027 | +9.6% |
| Other operating charges | 640/8 | €312 | €719 | +€407 | +130% |
| Gross operating margin | 9900 | €90,768 | €106,351 | +€15,583 | +17.2% |
| Operating profit (loss) | 9901 | €53,321 | €65,919 | +€12,598 | +23.6% |
| Financial income | 75/76B | - | €202 | +€202 | |
| Recurring financial income | 75 | - | €202 | +€202 | |
| Financial charges | 65/66B | €3,852 | €3,164 | -€688 | -17.9% |
| Recurring financial charges | 65 | €3,852 | €3,164 | -€688 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €49,469 | €62,957 | +€13,488 | +27.3% |
| Income taxes | 67/77 | €1,587 | €13,957 | +€12,370 | +779% |
| Profit (loss) for the period | 9904 | €47,882 | €49,000 | +€1,118 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,882 | €49,000 | +€1,118 | +2.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.