Tasco: what changed
What changed
Tasco
NACE 33.200, Installation of industrial machinery and equipment
filed annual accounts (NBB)
Net result for the year
€183,470
2024 · €5,082+€178,388
Equity
€543,939
2024 · €2.0m-€1.5m
Cash
€1.4m
2024 · €1.2m+€265,219
Balance sheet total
€3.8m
2024 · €4.3m-€492,568
Largest movements
Assets
- Stocks and contracts -€657,288
down €657,288 (-31.8%), from €2.1m to €1.4m
- Cash +€265,219
up €265,219 (+22.4%), from €1.2m to €1.4m
mainly Other debts (+€1.4m) and Stocks and contracts (+€657,288)
- Receivables within one year -€60,638
down €60,638 (-9.6%), from €628,664 to €568,026
of which Other amounts receivable: -€107,222
- Tangible fixed assets -€44,519
down €44,519 (-13.5%), from €329,436 to €284,917
of which Plant, machinery and equipment: -€50,028
Equity and liabilities
- Reserves -€1.6m
down €1.6m (-81.7%), from €2.0m to €360,469
- Other debts +€1.4m
up €1.4m (+696%), from €203,995 to €1.6m
- Current portion of long-term debt -€300,000
down €300,000 (-54.5%), from €550,000 to €250,000
- Trade debts -€264,211
down €264,211 (-60.8%), from €434,202 to €169,991
- Profit (loss) carried forward +€183,470
new in 2025: €183,470
Income statement
- Gross operating margin +€388,130
up €388,130 (+33.2%), from €1.2m to €1.6m
- Staff costs +€107,226
up €107,226 (+10.6%), from €1.0m to €1.1m
- Taxes +€91,423
up €91,423 (+1,666%), from €5,487 to €96,910
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
€5,082
Gross operating margin
+€388,130
Staff costs
-€107,226
Depreciation
-€7,292
Other operating charges
+€1,223
Other operating items
-€2,865
Financial income
+€7,441
Financial charges
-€9,601
Taxes
-€91,423
Result 2025
€183,470
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
+€2.3m
Investment
-€65,805
Financing
-€2.0m
Cash 2024
€1.2m
From operations (derived)
+€2.3m
Net result for the year
+€183,470
Depreciation
+€117,004
Stocks and contracts
+€657,288
Receivables within one year
+€60,638
Deferred charges and accrued income
-€11,338
Trade debts
-€264,211
Tax, wage and social debts
+€78,223
Advances received
+€48,961
Other debts
+€1.4m
Investment (derived)
-€65,805
Investment in fixed assets (net)
-€65,805
Financing
-€2.0m
Current portion of long-term debt
-€300,000
Contributions, distributions and other
-€1.7m
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,259,199 | €3,766,631 | -€492,568 | -11.6% |
| Fixed assets | 21/28 | €340,662 | €289,463 | -€51,199 | -15.0% |
| Intangible fixed assets | 21 | €10,322 | €3,642 | -€6,680 | -64.7% |
| Tangible fixed assets | 22/27 | €329,436 | €284,917 | -€44,519 | -13.5% |
| Plant, machinery and equipment | 23 | €140,763 | €90,734 | -€50,028 | -35.5% |
| Furniture and vehicles | 24 | €122,168 | €118,106 | -€4,062 | -3.3% |
| Other tangible fixed assets | 26 | €66,505 | €76,076 | +€9,571 | +14.4% |
| Financial fixed assets | 28 | €904 | €904 | = | 0.0% |
| Current assets | 29/58 | €3,918,537 | €3,477,169 | -€441,368 | -11.3% |
| Stocks and contracts in progress | 3 | €2,063,898 | €1,406,610 | -€657,288 | -31.8% |
| Stocks | 30/36 | €2,063,898 | €1,406,610 | -€657,288 | -31.8% |
| Amounts receivable within one year | 40/41 | €628,664 | €568,026 | -€60,638 | -9.6% |
| Trade receivables | 40 | €385,808 | €432,392 | +€46,584 | +12.1% |
| Other amounts receivable | 41 | €242,856 | €135,634 | -€107,222 | -44.2% |
| Cash at bank and in hand | 54/58 | €1,183,705 | €1,448,924 | +€265,219 | +22.4% |
| Deferred charges and accrued income | 490/1 | €42,270 | €53,608 | +€11,338 | +26.8% |
| Total equity and liabilities | 10/49 | €4,259,199 | €3,766,631 | -€492,568 | -11.6% |
| Equity | 10/15 | €2,018,269 | €543,939 | -€1.5m | -73.0% |
| Contributions | 10/11 | €50,000 | - | -€50,000 | |
| Reserves | 13 | €1,968,269 | €360,469 | -€1.6m | -81.7% |
| Distributable reserves | 133 | €1,968,269 | €360,469 | -€1.6m | -81.7% |
| Profit (loss) carried forward | 14 | - | €183,470 | +€183,470 | |
| Amounts payable | 17/49 | €2,240,930 | €3,222,692 | +€981,762 | +43.8% |
| Amounts payable within one year | 42/48 | €2,240,930 | €3,222,692 | +€981,762 | +43.8% |
| Current portion of amounts payable after more than one year | 42 | €550,000 | €250,000 | -€300,000 | -54.5% |
| Trade debts | 44 | €434,202 | €169,991 | -€264,211 | -60.8% |
| Suppliers | 440/4 | €434,202 | €169,991 | -€264,211 | -60.8% |
| Advances received on contracts in progress | 46 | €867,139 | €916,100 | +€48,961 | +5.6% |
| Taxes, remuneration and social security | 45 | €185,594 | €263,817 | +€78,223 | +42.1% |
| Taxes | 450/3 | €29,304 | €98,072 | +€68,769 | +235% |
| Remuneration and social security | 454/9 | €156,290 | €165,745 | +€9,455 | +6.0% |
| Other amounts payable | 47/48 | €203,995 | €1,622,784 | +€1.4m | +696% |
| Non-recurring operating income | 76A | €1,600 | €1,500 | -€100 | -6.3% |
| Remuneration, social security and pensions | 62 | €1,010,976 | €1,118,202 | +€107,226 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,712 | €117,004 | +€7,292 | +6.6% |
| Other operating charges | 640/8 | €5,003 | €3,780 | -€1,223 | -24.4% |
| Non-recurring operating charges | 66A | - | €2,865 | +€2,865 | |
| Gross operating margin | 9900 | €1,169,811 | €1,557,942 | +€388,130 | +33.2% |
| Operating profit (loss) | 9901 | €44,121 | €316,091 | +€271,970 | +616% |
| Financial income | 75/76B | €29,361 | €36,802 | +€7,441 | +25.3% |
| Recurring financial income | 75 | €23,668 | €36,802 | +€13,134 | +55.5% |
| Non-recurring financial income | 76B | €5,693 | - | -€5,693 | |
| Financial charges | 65/66B | €62,912 | €72,513 | +€9,601 | +15.3% |
| Recurring financial charges | 65 | €62,912 | €72,513 | +€9,601 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €10,569 | €280,380 | +€269,811 | +2,553% |
| Income taxes | 67/77 | €5,487 | €96,910 | +€91,423 | +1,666% |
| Profit (loss) for the period | 9904 | €5,082 | €183,470 | +€178,388 | +3,510% |
| Profit (loss) for the period to be appropriated | 9905 | €5,082 | €183,470 | +€178,388 | +3,510% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.