TARTIQUE: 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.
TARTIQUE
Largest movements
- Tangible fixed assets -€55,662
down €55,662 (-23.5%), from €236,765 to €181,103
of which Land and buildings: -€35,124
- Receivables within one year +€27,672
up €27,672 (+1,694%), from €1,633 to €29,305
of which Other amounts receivable: +€21,127
- Cash -€26,099
down €26,099 (-47.4%), from €55,062 to €28,963
mainly Current portion of long-term debt (-€54,173) and Debts after one year (-€29,261)
- Trade debts +€63,467
up €63,467 (+431%), from €14,710 to €78,177
- Current portion of long-term debt -€54,173
down €54,173 (-64.9%), from €83,443 to €29,270
- Debts after one year -€29,261
down €29,261 (-84.2%), from €34,756 to €5,496
- Other debts -€23,124
down €23,124 (-100%), from €23,124 to €0
- Tax, wage and social debts -€12,636
down €12,636 (-34.3%), from €36,863 to €24,227
of which Remuneration and social security: -€6,826
- Gross operating margin -€87,312
down €87,312 (-28.3%), from €308,414 to €221,102
- Depreciation -€23,831
down €23,831 (-30.8%), from €77,296 to €53,465
- Taxes -€12,478
down €12,478 (-90.9%), from €13,729 to €1,252
- Staff costs -€8,645
down €8,645 (-5.2%), from €166,718 to €158,072
- Other operating charges +€6,054
up €6,054 (+86.0%), from €7,040 to €13,093
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €334,415 | €276,478 | -€57,938 | -17.3% |
| Fixed assets | 21/28 | €236,935 | €181,198 | -€55,737 | -23.5% |
| Tangible fixed assets | 22/27 | €236,765 | €181,103 | -€55,662 | -23.5% |
| Land and buildings | 22 | €194,790 | €159,666 | -€35,124 | -18.0% |
| Plant, machinery and equipment | 23 | €8,630 | €14,317 | +€5,687 | +65.9% |
| Furniture and vehicles | 24 | €33,345 | €7,120 | -€26,225 | -78.6% |
| Financial fixed assets | 28 | €170 | €95 | -€75 | -44.1% |
| Current assets | 29/58 | €97,481 | €95,280 | -€2,200 | -2.3% |
| Stocks and contracts in progress | 3 | €35,151 | €33,282 | -€1,869 | -5.3% |
| Stocks | 30/36 | €35,151 | €33,282 | -€1,869 | -5.3% |
| Amounts receivable within one year | 40/41 | €1,633 | €29,305 | +€27,672 | +1,694% |
| Trade receivables | 40 | €1,583 | €8,127 | +€6,545 | +413% |
| Other amounts receivable | 41 | €50 | €21,177 | +€21,127 | +41,919% |
| Cash at bank and in hand | 54/58 | €55,062 | €28,963 | -€26,099 | -47.4% |
| Deferred charges and accrued income | 490/1 | €5,634 | €3,730 | -€1,904 | -33.8% |
| Total equity and liabilities | 10/49 | €334,415 | €276,478 | -€57,938 | -17.3% |
| Equity | 10/15 | €141,277 | €133,483 | -€7,794 | -5.5% |
| Contributions | 10/11 | €22,554 | €22,554 | = | 0.0% |
| Reserves | 13 | €118,723 | €110,929 | -€7,794 | -6.6% |
| Non-distributable reserves | 130/1 | €3,475 | €3,475 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,475 | €3,475 | = | 0.0% |
| Distributable reserves | 133 | €115,248 | €107,454 | -€7,794 | -6.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €193,138 | €142,995 | -€50,144 | -26.0% |
| Amounts payable after more than one year | 17 | €34,756 | €5,496 | -€29,261 | -84.2% |
| Financial debts | 170/4 | €34,756 | €5,496 | -€29,261 | -84.2% |
| Amounts payable within one year | 42/48 | €158,140 | €131,674 | -€26,466 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €83,443 | €29,270 | -€54,173 | -64.9% |
| Trade debts | 44 | €14,710 | €78,177 | +€63,467 | +431% |
| Suppliers | 440/4 | €14,710 | €78,177 | +€63,467 | +431% |
| Taxes, remuneration and social security | 45 | €36,863 | €24,227 | -€12,636 | -34.3% |
| Taxes | 450/3 | €8,207 | €2,397 | -€5,810 | -70.8% |
| Remuneration and social security | 454/9 | €28,656 | €21,830 | -€6,826 | -23.8% |
| Other amounts payable | 47/48 | €23,124 | €0 | -€23,124 | -100% |
| Accrued charges and deferred income | 492/3 | €242 | €5,825 | +€5,583 | +2,305% |
| Remuneration, social security and pensions | 62 | €166,718 | €158,072 | -€8,645 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,296 | €53,465 | -€23,831 | -30.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,040 | €13,093 | +€6,054 | +86.0% |
| Non-recurring operating charges | 66A | €5,471 | €0 | -€5,471 | -100% |
| Gross operating margin | 9900 | €308,414 | €221,102 | -€87,312 | -28.3% |
| Operating profit (loss) | 9901 | €51,890 | -€3,529 | -€55,419 | |
| Financial income | 75/76B | €7 | €362 | +€355 | +4,791% |
| Recurring financial income | 75 | €7 | €362 | +€355 | +4,791% |
| Financial charges | 65/66B | €6,327 | €3,375 | -€2,952 | -46.7% |
| Recurring financial charges | 65 | €6,327 | €3,375 | -€2,952 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €45,570 | -€6,542 | -€52,112 | |
| Income taxes | 67/77 | €13,729 | €1,252 | -€12,478 | -90.9% |
| Profit (loss) for the period | 9904 | €31,841 | -€7,794 | -€39,635 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,841 | -€7,794 | -€39,635 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.