TASSIN DUVIVIER: 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.
TASSIN DUVIVIER
Largest movements
- Cash +€122,338
up €122,338 (+57.5%), from €212,764 to €335,102
mainly Net result for the year (+€120,162) and Depreciation (+€42,507)
- Tangible fixed assets -€15,227
down €15,227 (-22.1%), from €68,892 to €53,665
of which Furniture and vehicles: -€22,748
- Intangible fixed assets -€15,000
down €15,000 (-33.3%), from €45,000 to €30,000
- Reserves +€120,162
up €120,162 (+27.0%), from €445,851 to €566,014
- Debts after one year -€27,904
down €27,904 (-47.7%), from €58,471 to €30,567
- Gross operating margin -€12,434
down €12,434 (-5.6%), from €223,994 to €211,560
- Financial income +€4,225
up €4,225 (+873%), from €484 to €4,709
- Taxes -€3,934
down €3,934 (-7.5%), from €52,735 to €48,801
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.
Derived cash bridge
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 | €603,182 | €696,529 | +€93,347 | +15.5% |
| Fixed assets | 21/28 | €113,892 | €83,665 | -€30,227 | -26.5% |
| Intangible fixed assets | 21 | €45,000 | €30,000 | -€15,000 | -33.3% |
| Tangible fixed assets | 22/27 | €68,892 | €53,665 | -€15,227 | -22.1% |
| Plant, machinery and equipment | 23 | €2,494 | €1,825 | -€668 | -26.8% |
| Furniture and vehicles | 24 | €56,662 | €33,913 | -€22,748 | -40.1% |
| Other tangible fixed assets | 26 | €9,736 | €17,926 | +€8,190 | +84.1% |
| Current assets | 29/58 | €489,290 | €612,864 | +€123,574 | +25.3% |
| Amounts receivable within one year | 40/41 | €21,062 | €26,229 | +€5,167 | +24.5% |
| Trade receivables | 40 | €8,522 | €11,643 | +€3,121 | +36.6% |
| Other amounts receivable | 41 | €12,540 | €14,586 | +€2,046 | +16.3% |
| Current investments | 50/53 | €250,000 | €251,194 | +€1,194 | +0.5% |
| Cash at bank and in hand | 54/58 | €212,764 | €335,102 | +€122,338 | +57.5% |
| Deferred charges and accrued income | 490/1 | €5,464 | €339 | -€5,125 | -93.8% |
| Total equity and liabilities | 10/49 | €603,182 | €696,529 | +€93,347 | +15.5% |
| Equity | 10/15 | €458,251 | €578,414 | +€120,162 | +26.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €445,851 | €566,014 | +€120,162 | +27.0% |
| Distributable reserves | 133 | €445,851 | €566,014 | +€120,162 | +27.0% |
| Amounts payable | 17/49 | €144,931 | €118,115 | -€26,815 | -18.5% |
| Amounts payable after more than one year | 17 | €58,471 | €30,567 | -€27,904 | -47.7% |
| Financial debts | 170/4 | €58,471 | €30,567 | -€27,904 | -47.7% |
| Amounts payable within one year | 42/48 | €85,548 | €86,924 | +€1,377 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €28,977 | €29,283 | +€306 | +1.1% |
| Trade debts | 44 | €4,680 | €4,418 | -€261 | -5.6% |
| Suppliers | 440/4 | €4,680 | €4,418 | -€261 | -5.6% |
| Taxes, remuneration and social security | 45 | €12,629 | €12,016 | -€613 | -4.9% |
| Taxes | 450/3 | €12,629 | €12,016 | -€613 | -4.9% |
| Other amounts payable | 47/48 | €39,262 | €41,207 | +€1,945 | +5.0% |
| Accrued charges and deferred income | 492/3 | €912 | €624 | -€288 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,761 | €42,507 | +€745 | +1.8% |
| Other operating charges | 640/8 | €1,394 | €1,437 | +€43 | +3.1% |
| Gross operating margin | 9900 | €223,994 | €211,560 | -€12,434 | -5.6% |
| Operating profit (loss) | 9901 | €180,839 | €167,617 | -€13,222 | -7.3% |
| Financial income | 75/76B | €484 | €4,709 | +€4,225 | +873% |
| Recurring financial income | 75 | €484 | €4,709 | +€4,225 | +873% |
| Financial charges | 65/66B | €2,297 | €3,363 | +€1,067 | +46.5% |
| Recurring financial charges | 65 | €2,297 | €3,363 | +€1,067 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €179,026 | €168,963 | -€10,063 | -5.6% |
| Income taxes | 67/77 | €52,735 | €48,801 | -€3,934 | -7.5% |
| Profit (loss) for the period | 9904 | €126,292 | €120,162 | -€6,129 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €126,292 | €120,162 | -€6,129 | -4.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.