TARTENCO: 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.
TARTENCO
Largest movements
- Current investments +€4,964
up €4,964 (+10.8%), from €45,884 to €50,848
- Tangible fixed assets +€2,176
up €2,176 (+145.1%), from €1,500 to €3,676
of which Plant, machinery and equipment: +€2,176
- Receivables within one year +€1,424
up €1,424 (+9.7%), from €14,615 to €16,039
of which Trade receivables: +€2,022
- Cash -€1,267
down €1,267 (-24.6%), from €5,142 to €3,876
mainly Current investments (-€4,964) and Investment in fixed assets (net) (-€2,446)
- Other debts +€2,816
up €2,816 (+7.4%), from €38,129 to €40,945
- Reserves +€2,610
up €2,610 (+30.3%), from €8,616 to €11,226
of which Distributable reserves: +€2,610
- Trade debts +€1,473
up €1,473 (+17.3%), from €8,517 to €9,990
- Turnover +€61,050
new in 2025: €61,050
- Purchases and services +€7,660
new in 2025: €7,660
- Depreciation -€2,893
down €2,893 (-91.5%), from €3,163 to €270
- Staff costs +€1,564
up €1,564 (+3.5%), from €44,778 to €46,342
- Gross operating margin -€1,279
down €1,279 (-2.2%), from €57,595 to €56,316
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.
Cash bridge derived
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 | €67,141 | €74,438 | +€7,297 | +10.9% |
| Fixed assets | 21/28 | €1,500 | €3,676 | +€2,176 | +145.1% |
| Tangible fixed assets | 22/27 | €1,500 | €3,676 | +€2,176 | +145.1% |
| Land and buildings | 22 | €1,500 | €1,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €2,176 | +€2,176 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €65,641 | €70,762 | +€5,121 | +7.8% |
| Amounts receivable within one year | 40/41 | €14,615 | €16,039 | +€1,424 | +9.7% |
| Trade receivables | 40 | €8,856 | €10,878 | +€2,022 | +22.8% |
| Other amounts receivable | 41 | €5,760 | €5,161 | -€599 | -10.4% |
| Current investments | 50/53 | €45,884 | €50,848 | +€4,964 | +10.8% |
| Cash at bank and in hand | 54/58 | €5,142 | €3,876 | -€1,267 | -24.6% |
| Total equity and liabilities | 10/49 | €67,141 | €74,438 | +€7,297 | +10.9% |
| Equity | 10/15 | €14,814 | €17,424 | +€2,610 | +17.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €8,616 | €11,226 | +€2,610 | +30.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,757 | €9,367 | +€2,610 | +38.6% |
| Amounts payable | 17/49 | €52,328 | €57,015 | +€4,687 | +9.0% |
| Amounts payable within one year | 42/48 | €52,328 | €57,015 | +€4,687 | +9.0% |
| Trade debts | 44 | €8,517 | €9,990 | +€1,473 | +17.3% |
| Suppliers | 440/4 | €8,517 | €9,990 | +€1,473 | +17.3% |
| Taxes, remuneration and social security | 45 | €5,681 | €6,080 | +€398 | +7.0% |
| Taxes | 450/3 | €824 | €778 | -€46 | -5.6% |
| Remuneration and social security | 454/9 | €4,857 | €5,301 | +€444 | +9.1% |
| Other amounts payable | 47/48 | €38,129 | €40,945 | +€2,816 | +7.4% |
| Turnover | 70 | - | €61,050 | +€61,050 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €7,660 | +€7,660 | |
| Remuneration, social security and pensions | 62 | €44,778 | €46,342 | +€1,564 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,163 | €270 | -€2,893 | -91.5% |
| Other operating charges | 640/8 | €899 | €1,523 | +€625 | +69.5% |
| Gross operating margin | 9900 | €57,595 | €56,316 | -€1,279 | -2.2% |
| Operating profit (loss) | 9901 | €8,756 | €8,181 | -€575 | -6.6% |
| Financial income | 75/76B | €441 | €663 | +€222 | +50.3% |
| Recurring financial income | 75 | €441 | €663 | +€222 | +50.3% |
| Financial charges | 65/66B | €2,963 | €2,775 | -€188 | -6.4% |
| Recurring financial charges | 65 | €2,963 | €2,775 | -€188 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €6,234 | €6,069 | -€164 | -2.6% |
| Income taxes | 67/77 | €2,988 | €2,659 | -€328 | -11.0% |
| Profit (loss) for the period | 9904 | €3,246 | €3,410 | +€164 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,246 | €3,410 | +€164 | +5.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.