TAS EUROPROJECTS: what changed
What changed
TAS EUROPROJECTS
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€8,576
2024 · €173,780-€165,204
Equity
€583,073
2024 · €579,167+€3,906
Cash
€209,930
2024 · €350,900-€140,970
Balance sheet total
€736,095
2024 · €818,659-€82,564
Largest movements
Assets
- Cash -€140,970
down €140,970 (-40.2%), from €350,900 to €209,930
mainly Receivables within one year (-€105,242) and Provisions (-€70,000)
- Receivables within one year +€105,242
up €105,242 (+34.4%), from €306,001 to €411,242
of which Trade receivables: +€68,442
- Financial fixed assets -€29,032
down €29,032 (-95.7%), from €30,346 to €1,314
- Tangible fixed assets -€23,219
down €23,219 (-18.9%), from €123,122 to €99,903
of which Furniture and vehicles: -€16,263
Equity and liabilities
- Provisions -€70,000
down €70,000 (-100%), from €70,000 to €0
- Other debts -€43,056
down €43,056 (-76.3%), from €56,399 to €13,343
- Tax, wage and social debts +€32,907
up €32,907 (+72.3%), from €45,505 to €78,412
of which Remuneration and social security: +€17,106
Income statement
- Gross operating margin -€266,142
down €266,142 (-47.4%), from €561,012 to €294,869
- Staff costs +€136,970
up €136,970 (+71.4%), from €191,940 to €328,910
- Taxes -€72,806
down €72,806, from €71,383 to -€1,423
- Financial income +€30,930
up €30,930 (+983%), from €3,147 to €34,077
of which Non-recurring financial income: +€32,168
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€173,780
Gross operating margin
-€266,142
Staff costs
-€136,970
Depreciation
-€3,150
Other operating charges
-€2,266
Other operating items
+€140,000
Financial income
+€30,930
Financial charges
-€412
Taxes
+€72,806
Result 2025
€8,576
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€160,948
Investment
+€23,635
Financing
-€3,658
Cash 2024
€350,900
From operations (derived)
-€160,948
Net result for the year
+€8,576
Depreciation
+€28,617
Receivables within one year
-€105,242
Deferred charges and accrued income
-€5,416
Provisions
-€70,000
Trade debts
-€5,951
Tax, wage and social debts
+€32,907
Other debts
-€43,056
Accrued charges and deferred income
-€1,383
Investment (derived)
+€23,635
Investment in fixed assets (net)
+€23,635
Financing
-€3,658
Short-term financial debts
+€1,012
Contributions, distributions and other
-€4,670
Cash 2025
€209,930
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €818,659 | €736,095 | -€82,564 | -10.1% |
| Fixed assets | 21/28 | €153,469 | €101,217 | -€52,252 | -34.0% |
| Tangible fixed assets | 22/27 | €123,122 | €99,903 | -€23,219 | -18.9% |
| Land and buildings | 22 | €87,043 | €80,086 | -€6,957 | -8.0% |
| Furniture and vehicles | 24 | €36,079 | €19,817 | -€16,263 | -45.1% |
| Financial fixed assets | 28 | €30,346 | €1,314 | -€29,032 | -95.7% |
| Current assets | 29/58 | €665,191 | €634,878 | -€30,313 | -4.6% |
| Amounts receivable within one year | 40/41 | €306,001 | €411,242 | +€105,242 | +34.4% |
| Trade receivables | 40 | €300,084 | €368,526 | +€68,442 | +22.8% |
| Other amounts receivable | 41 | €5,917 | €42,716 | +€36,799 | +622% |
| Cash at bank and in hand | 54/58 | €350,900 | €209,930 | -€140,970 | -40.2% |
| Deferred charges and accrued income | 490/1 | €8,290 | €13,706 | +€5,416 | +65.3% |
| Total equity and liabilities | 10/49 | €818,659 | €736,095 | -€82,564 | -10.1% |
| Equity | 10/15 | €579,167 | €583,073 | +€3,906 | +0.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €387,846 | €391,752 | +€3,906 | +1.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €381,649 | €385,555 | +€3,906 | +1.0% |
| Profit (loss) carried forward | 14 | €129,348 | €129,348 | = | 0.0% |
| Provisions and deferred taxes | 16 | €70,000 | €0 | -€70,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €70,000 | €0 | -€70,000 | -100% |
| Other liabilities and charges | 164/5 | €70,000 | €0 | -€70,000 | -100% |
| Amounts payable | 17/49 | €169,492 | €153,022 | -€16,470 | -9.7% |
| Amounts payable within one year | 42/48 | €167,652 | €152,564 | -€15,087 | -9.0% |
| Financial debts | 43 | - | €1,012 | +€1,012 | |
| Credit institutions | 430/8 | - | €1,012 | +€1,012 | |
| Trade debts | 44 | €65,748 | €59,797 | -€5,951 | -9.1% |
| Suppliers | 440/4 | €65,748 | €59,797 | -€5,951 | -9.1% |
| Taxes, remuneration and social security | 45 | €45,505 | €78,412 | +€32,907 | +72.3% |
| Taxes | 450/3 | €25,221 | €41,022 | +€15,801 | +62.6% |
| Remuneration and social security | 454/9 | €20,284 | €37,390 | +€17,106 | +84.3% |
| Other amounts payable | 47/48 | €56,399 | €13,343 | -€43,056 | -76.3% |
| Accrued charges and deferred income | 492/3 | €1,840 | €457 | -€1,383 | -75.1% |
| Non-recurring operating income | 76A | €2,314 | €0 | -€2,314 | -100% |
| Remuneration, social security and pensions | 62 | €191,940 | €328,910 | +€136,970 | +71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,467 | €28,617 | +€3,150 | +12.4% |
| Other operating charges | 640/8 | €29,615 | €31,881 | +€2,266 | +7.6% |
| Non-recurring operating charges | 66A | €70,000 | -€70,000 | -€140,000 | |
| Gross operating margin | 9900 | €561,012 | €294,869 | -€266,142 | -47.4% |
| Operating profit (loss) | 9901 | €243,989 | -€24,539 | -€268,528 | |
| Financial income | 75/76B | €3,147 | €34,077 | +€30,930 | +983% |
| Recurring financial income | 75 | €3,147 | €1,910 | -€1,238 | -39.3% |
| Non-recurring financial income | 76B | - | €32,168 | +€32,168 | |
| Financial charges | 65/66B | €1,974 | €2,386 | +€412 | +20.9% |
| Recurring financial charges | 65 | €1,974 | €2,386 | +€412 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €245,162 | €7,153 | -€238,009 | -97.1% |
| Income taxes | 67/77 | €71,383 | -€1,423 | -€72,806 | |
| Profit (loss) for the period | 9904 | €173,780 | €8,576 | -€165,204 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €173,780 | €8,576 | -€165,204 | -95.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.