TASSINE: 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.
TASSINE
Largest movements
- Tangible fixed assets +€42,621
new in 2025: €42,621
- Cash -€32,602
down €32,602 (-81.0%), from €40,259 to €7,657
mainly Investment in fixed assets (net) (-€55,515) and Tax, wage and social debts (-€13,947)
- Receivables within one year +€10,689
up €10,689 (+35.0%), from €30,498 to €41,186
of which Other amounts receivable: +€40,258
- Deferred charges and accrued income -€7,812
down €7,812 (-36.1%), from €21,610 to €13,798
- Tax, wage and social debts -€13,947
down €13,947 (-77.7%), from €17,947 to €4,000
of which Taxes: -€17,947
- Debts after one year +€12,904
new in 2025: €12,904
- Reserves +€10,849
up €10,849 (+15.1%), from €71,787 to €82,635
- Current portion of long-term debt +€3,784
new in 2025: €3,784
- Gross operating margin -€61,920
down €61,920 (-68.7%), from €90,121 to €28,201
- Taxes -€15,037
down €15,037 (-83.8%), from €17,947 to €2,910
- Depreciation +€12,894
new in 2025: €12,894
- Financial charges +€1,094
up €1,094 (+33,667%), from €3 to €1,097
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 | €92,428 | €105,324 | +€12,896 | +14.0% |
| Fixed assets | 21/28 | €62 | €42,683 | +€42,621 | +69,122% |
| Tangible fixed assets | 22/27 | - | €42,621 | +€42,621 | |
| Furniture and vehicles | 24 | - | €42,621 | +€42,621 | |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €92,366 | €62,641 | -€29,725 | -32.2% |
| Amounts receivable within one year | 40/41 | €30,498 | €41,186 | +€10,689 | +35.0% |
| Trade receivables | 40 | €30,498 | €929 | -€29,569 | -97.0% |
| Other amounts receivable | 41 | - | €40,258 | +€40,258 | |
| Cash at bank and in hand | 54/58 | €40,259 | €7,657 | -€32,602 | -81.0% |
| Deferred charges and accrued income | 490/1 | €21,610 | €13,798 | -€7,812 | -36.1% |
| Total equity and liabilities | 10/49 | €92,428 | €105,324 | +€12,896 | +14.0% |
| Equity | 10/15 | €73,787 | €84,635 | +€10,849 | +14.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €71,787 | €82,635 | +€10,849 | +15.1% |
| Distributable reserves | 133 | €71,787 | €82,635 | +€10,849 | +15.1% |
| Amounts payable | 17/49 | €18,641 | €20,688 | +€2,047 | +11.0% |
| Amounts payable after more than one year | 17 | - | €12,904 | +€12,904 | |
| Financial debts | 170/4 | - | €12,904 | +€12,904 | |
| Amounts payable within one year | 42/48 | €18,641 | €7,784 | -€10,857 | -58.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,784 | +€3,784 | |
| Trade debts | 44 | €695 | - | -€695 | |
| Suppliers | 440/4 | €695 | - | -€695 | |
| Taxes, remuneration and social security | 45 | €17,947 | €4,000 | -€13,947 | -77.7% |
| Taxes | 450/3 | €17,947 | - | -€17,947 | |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €12,894 | +€12,894 | |
| Other operating charges | 640/8 | €384 | €451 | +€66 | +17.3% |
| Gross operating margin | 9900 | €90,121 | €28,201 | -€61,920 | -68.7% |
| Operating profit (loss) | 9901 | €89,737 | €14,856 | -€74,881 | -83.4% |
| Financial charges | 65/66B | €3 | €1,097 | +€1,094 | +33,667% |
| Recurring financial charges | 65 | €3 | €1,097 | +€1,094 | +33,667% |
| Profit (loss) for the period before taxes | 9903 | €89,733 | €13,759 | -€75,975 | -84.7% |
| Income taxes | 67/77 | €17,947 | €2,910 | -€15,037 | -83.8% |
| Profit (loss) for the period | 9904 | €71,787 | €10,849 | -€60,938 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €71,787 | €10,849 | -€60,938 | -84.9% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.