TARTINADE: 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.
TARTINADE
Largest movements
- Tangible fixed assets -€17,658
down €17,658 (-9.3%), from €189,557 to €171,899
of which Plant, machinery and equipment: -€12,208
- Receivables within one year +€10,817
up €10,817 (+376%), from €2,880 to €13,697
of which Trade receivables: +€10,438
- Deferred charges and accrued income -€2,490
no longer reported in 2025 (was €2,490)
- Profit (loss) carried forward +€15,000
up €15,000 (+55.7%), from -€26,908 to -€11,908
- Short-term financial debts -€12,000
down €12,000 (-7.8%), from €153,705 to €141,705
- Debts after one year -€10,000
down €10,000 (-18.2%), from €55,000 to €45,000
- Gross operating margin -€11,868
down €11,868 (-26.3%), from €45,079 to €33,211
- Financial charges -€1,946
down €1,946 (-77.7%), from €2,505 to €559
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 | €227,475 | €218,851 | -€8,624 | -3.8% |
| Fixed assets | 21/28 | €189,932 | €172,274 | -€17,658 | -9.3% |
| Tangible fixed assets | 22/27 | €189,557 | €171,899 | -€17,658 | -9.3% |
| Land and buildings | 22 | €121,350 | €115,900 | -€5,450 | -4.5% |
| Plant, machinery and equipment | 23 | €68,207 | €55,999 | -€12,208 | -17.9% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €37,543 | €46,577 | +€9,034 | +24.1% |
| Stocks and contracts in progress | 3 | €706 | €785 | +€79 | +11.2% |
| Stocks | 30/36 | €706 | €785 | +€79 | +11.2% |
| Amounts receivable within one year | 40/41 | €2,880 | €13,697 | +€10,817 | +376% |
| Trade receivables | 40 | - | €10,438 | +€10,438 | |
| Other amounts receivable | 41 | €2,880 | €3,259 | +€379 | +13.2% |
| Cash at bank and in hand | 54/58 | €31,467 | €32,095 | +€628 | +2.0% |
| Deferred charges and accrued income | 490/1 | €2,490 | - | -€2,490 | |
| Total equity and liabilities | 10/49 | €227,475 | €218,851 | -€8,624 | -3.8% |
| Equity | 10/15 | €2,082 | €17,082 | +€15,000 | +720% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €8,530 | €8,530 | = | 0.0% |
| Distributable reserves | 133 | €8,530 | €8,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,908 | -€11,908 | +€15,000 | +55.7% |
| Amounts payable | 17/49 | €225,393 | €201,769 | -€23,624 | -10.5% |
| Amounts payable after more than one year | 17 | €55,000 | €45,000 | -€10,000 | -18.2% |
| Financial debts | 170/4 | €55,000 | €45,000 | -€10,000 | -18.2% |
| Amounts payable within one year | 42/48 | €170,393 | €156,769 | -€13,624 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €10,802 | €10,701 | -€101 | -0.9% |
| Financial debts | 43 | €153,705 | €141,705 | -€12,000 | -7.8% |
| Other loans | 439 | €153,705 | €141,705 | -€12,000 | -7.8% |
| Trade debts | 44 | €5,886 | €4,363 | -€1,523 | -25.9% |
| Suppliers | 440/4 | €5,886 | €4,363 | -€1,523 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,658 | €17,658 | = | 0.0% |
| Gross operating margin | 9900 | €45,079 | €33,211 | -€11,868 | -26.3% |
| Operating profit (loss) | 9901 | €27,421 | €15,553 | -€11,868 | -43.3% |
| Financial income | 75/76B | €32 | €6 | -€26 | -81.3% |
| Recurring financial income | 75 | €32 | €6 | -€26 | -81.3% |
| Financial charges | 65/66B | €2,505 | €559 | -€1,946 | -77.7% |
| Recurring financial charges | 65 | €2,505 | €559 | -€1,946 | -77.7% |
| Profit (loss) for the period before taxes | 9903 | €24,948 | €15,000 | -€9,948 | -39.9% |
| Profit (loss) for the period | 9904 | €24,948 | €15,000 | -€9,948 | -39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,948 | €15,000 | -€9,948 | -39.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.