TASSAERT: 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.
TASSAERT
Largest movements
- Cash +€76,310
up €76,310 (+63.0%), from €121,209 to €197,518
mainly Receivables after one year (+€58,215) and Net result for the year (+€9,927)
- Receivables after one year -€58,215
down €58,215 (-98.9%), from €58,884 to €669
- Tangible fixed assets -€7,044
down €7,044 (-4.2%), from €168,813 to €161,769
of which Land and buildings: -€6,808
- Reserves +€9,927
up €9,927 (+19.1%), from €51,943 to €61,870
of which Distributable reserves: +€11,465
- Other debts -€8,657
down €8,657 (-50.1%), from €17,280 to €8,623
- Tax, wage and social debts +€5,236
up €5,236 (+59.7%), from €8,773 to €14,009
- Gross operating margin -€17,474
down €17,474 (-47.2%), from €37,035 to €19,561
- Taxes -€2,168
down €2,168 (-31.4%), from €6,911 to €4,743
- Financial income -€1,655
down €1,655 (-31.1%), from €5,325 to €3,669
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 | €377,132 | €382,940 | +€5,809 | +1.5% |
| Fixed assets | 21/28 | €168,913 | €161,869 | -€7,044 | -4.2% |
| Tangible fixed assets | 22/27 | €168,813 | €161,769 | -€7,044 | -4.2% |
| Land and buildings | 22 | €168,577 | €161,769 | -€6,808 | -4.0% |
| Furniture and vehicles | 24 | €236 | €0 | -€236 | -100.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €208,219 | €221,071 | +€12,852 | +6.2% |
| Amounts receivable after more than one year | 29 | €58,884 | €669 | -€58,215 | -98.9% |
| Other amounts receivable | 291 | €58,884 | €669 | -€58,215 | -98.9% |
| Amounts receivable within one year | 40/41 | €8,474 | €5,212 | -€3,262 | -38.5% |
| Trade receivables | 40 | €8,474 | €5,212 | -€3,262 | -38.5% |
| Current investments | 50/53 | €14,868 | €14,868 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €121,209 | €197,518 | +€76,310 | +63.0% |
| Deferred charges and accrued income | 490/1 | €4,785 | €2,804 | -€1,980 | -41.4% |
| Total equity and liabilities | 10/49 | €377,132 | €382,940 | +€5,809 | +1.5% |
| Equity | 10/15 | €339,125 | €349,052 | +€9,927 | +2.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €51,943 | €61,870 | +€9,927 | +19.1% |
| Tax-exempt reserves | 132 | €26,656 | €25,118 | -€1,538 | -5.8% |
| Distributable reserves | 133 | €25,286 | €36,751 | +€11,465 | +45.3% |
| Profit (loss) carried forward | 14 | €237,182 | €237,182 | = | 0.0% |
| Provisions and deferred taxes | 16 | €8,885 | €8,373 | -€513 | -5.8% |
| Deferred taxes | 168 | €8,885 | €8,373 | -€513 | -5.8% |
| Amounts payable | 17/49 | €29,121 | €25,516 | -€3,606 | -12.4% |
| Amounts payable within one year | 42/48 | €29,121 | €25,516 | -€3,606 | -12.4% |
| Trade debts | 44 | €3,068 | €2,884 | -€184 | -6.0% |
| Suppliers | 440/4 | €3,068 | €2,884 | -€184 | -6.0% |
| Taxes, remuneration and social security | 45 | €8,773 | €14,009 | +€5,236 | +59.7% |
| Taxes | 450/3 | €8,773 | €14,009 | +€5,236 | +59.7% |
| Other amounts payable | 47/48 | €17,280 | €8,623 | -€8,657 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,068 | €7,044 | -€24 | -0.3% |
| Other operating charges | 640/8 | €1,803 | €1,830 | +€26 | +1.5% |
| Gross operating margin | 9900 | €37,035 | €19,561 | -€17,474 | -47.2% |
| Operating profit (loss) | 9901 | €28,164 | €10,687 | -€17,476 | -62.1% |
| Financial income | 75/76B | €5,325 | €3,669 | -€1,655 | -31.1% |
| Recurring financial income | 75 | €5,325 | €3,669 | -€1,655 | -31.1% |
| Financial charges | 65/66B | €413 | €199 | -€214 | -51.8% |
| Recurring financial charges | 65 | €413 | €199 | -€214 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €33,075 | €14,157 | -€18,918 | -57.2% |
| Transfer from deferred taxes | 780 | €513 | €513 | = | 0.0% |
| Income taxes | 67/77 | €6,911 | €4,743 | -€2,168 | -31.4% |
| Profit (loss) for the period | 9904 | €26,676 | €9,927 | -€16,749 | -62.8% |
| Transfer from tax-exempt reserves | 789 | €1,538 | €1,538 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,214 | €11,465 | -€16,749 | -59.4% |
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 4 October 2026 via checked.be.