TARUM: 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.
TARUM
Largest movements
- Receivables within one year +€60,211
up €60,211 (+83.1%), from €72,429 to €132,640
of which Other amounts receivable: +€76,734
- Stocks and contracts -€23,063
down €23,063 (-54.2%), from €42,563 to €19,500
- Cash -€2,997
down €2,997 (-11.7%), from €25,719 to €22,721
mainly Receivables within one year (-€60,211) and Deferred charges and accrued income (-€395)
- Profit (loss) carried forward +€25,572
up €25,572 (+26.5%), from €96,553 to €122,125
- Tax, wage and social debts +€6,821
up €6,821 (+56.0%), from €12,181 to €19,002
of which Remuneration and social security: +€7,239
- Gross operating margin +€18,105
up €18,105 (+44.3%), from €40,844 to €58,949
- Taxes +€3,871
up €3,871 (+117.7%), from €3,290 to €7,161
- Other operating charges -€2,871
down €2,871 (-61.2%), from €4,689 to €1,818
- Financial charges +€2,151
up €2,151 (+927.7%), from €232 to €2,383
- Financial income -€1,659
no longer reported in 2025 (was €1,659)
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 | €146,411 | €179,454 | +€33,044 | +22.6% |
| Fixed assets | 21/28 | €5,607 | €4,104 | -€1,503 | -26.8% |
| Tangible fixed assets | 22/27 | €3,507 | €2,004 | -€1,503 | -42.8% |
| Furniture and vehicles | 24 | €3,507 | €2,004 | -€1,503 | -42.8% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €140,804 | €175,350 | +€34,546 | +24.5% |
| Stocks and contracts in progress | 3 | €42,563 | €19,500 | -€23,063 | -54.2% |
| Stocks | 30/36 | €42,563 | €19,500 | -€23,063 | -54.2% |
| Amounts receivable within one year | 40/41 | €72,429 | €132,640 | +€60,211 | +83.1% |
| Trade receivables | 40 | €16,523 | - | -€16,523 | |
| Other amounts receivable | 41 | €55,905 | €132,640 | +€76,734 | +137.3% |
| Cash at bank and in hand | 54/58 | €25,719 | €22,721 | -€2,997 | -11.7% |
| Deferred charges and accrued income | 490/1 | €94 | €489 | +€395 | +421.6% |
| Total equity and liabilities | 10/49 | €146,411 | €179,454 | +€33,044 | +22.6% |
| Equity | 10/15 | €115,773 | €141,345 | +€25,572 | +22.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,553 | €122,125 | +€25,572 | +26.5% |
| Amounts payable | 17/49 | €30,638 | €38,110 | +€7,472 | +24.4% |
| Amounts payable within one year | 42/48 | €30,638 | €38,110 | +€7,472 | +24.4% |
| Trade debts | 44 | €16,797 | €17,448 | +€651 | +3.9% |
| Suppliers | 440/4 | €16,797 | €17,448 | +€651 | +3.9% |
| Advances received on contracts in progress | 46 | €1,660 | €1,660 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €12,181 | €19,002 | +€6,821 | +56.0% |
| Taxes | 450/3 | €7,778 | €7,360 | -€418 | -5.4% |
| Remuneration and social security | 454/9 | €4,403 | €11,642 | +€7,239 | +164.4% |
| Remuneration, social security and pensions | 62 | €21,597 | €20,513 | -€1,084 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,341 | €1,503 | +€161 | +12.0% |
| Other operating charges | 640/8 | €4,689 | €1,818 | -€2,871 | -61.2% |
| Gross operating margin | 9900 | €40,844 | €58,949 | +€18,105 | +44.3% |
| Operating profit (loss) | 9901 | €13,217 | €35,116 | +€21,899 | +165.7% |
| Financial income | 75/76B | €1,659 | - | -€1,659 | |
| Recurring financial income | 75 | €1,659 | - | -€1,659 | |
| Financial charges | 65/66B | €232 | €2,383 | +€2,151 | +927.7% |
| Recurring financial charges | 65 | €232 | €2,383 | +€2,151 | +927.7% |
| Profit (loss) for the period before taxes | 9903 | €14,644 | €32,733 | +€18,089 | +123.5% |
| Income taxes | 67/77 | €3,290 | €7,161 | +€3,871 | +117.7% |
| Profit (loss) for the period | 9904 | €11,354 | €25,572 | +€14,218 | +125.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,354 | €25,572 | +€14,218 | +125.2% |
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 3 October 2026 via checked.be.