TaSteCo: 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.
TaSteCo
Largest movements
- Tangible fixed assets -€45,052
down €45,052 (-3.2%), from €1.4m to €1.4m
of which Land and buildings: -€43,752
- Other debts -€48,638
down €48,638 (-5.6%), from €861,859 to €813,221
- Gross operating margin +€4,239
up €4,239 (+9.0%), from €47,331 to €51,571
- Depreciation -€3,564
down €3,564 (-7.3%), from €48,616 to €45,052
- Other operating charges +€973
up €973 (+12.6%), from €7,728 to €8,701
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 | €1,453,843 | €1,402,105 | -€51,739 | -3.6% |
| Fixed assets | 21/28 | €1,403,046 | €1,357,993 | -€45,052 | -3.2% |
| Tangible fixed assets | 22/27 | €1,403,046 | €1,357,993 | -€45,052 | -3.2% |
| Land and buildings | 22 | €1,394,665 | €1,350,913 | -€43,752 | -3.1% |
| Furniture and vehicles | 24 | €8,381 | €7,080 | -€1,300 | -15.5% |
| Current assets | 29/58 | €50,797 | €44,111 | -€6,686 | -13.2% |
| Amounts receivable within one year | 40/41 | €1,617 | - | -€1,617 | |
| Trade receivables | 40 | €1,617 | - | -€1,617 | |
| Cash at bank and in hand | 54/58 | €45,939 | €40,543 | -€5,396 | -11.7% |
| Deferred charges and accrued income | 490/1 | €3,241 | €3,568 | +€328 | +10.1% |
| Total equity and liabilities | 10/49 | €1,453,843 | €1,402,105 | -€51,739 | -3.6% |
| Equity | 10/15 | €586,297 | €584,070 | -€2,228 | -0.4% |
| Contributions | 10/11 | €675,650 | €675,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,353 | -€91,580 | -€2,228 | -2.5% |
| Amounts payable | 17/49 | €867,546 | €818,035 | -€49,511 | -5.7% |
| Amounts payable within one year | 42/48 | €866,822 | €817,286 | -€49,536 | -5.7% |
| Trade debts | 44 | €4,963 | €4,065 | -€898 | -18.1% |
| Suppliers | 440/4 | €4,963 | €4,065 | -€898 | -18.1% |
| Other amounts payable | 47/48 | €861,859 | €813,221 | -€48,638 | -5.6% |
| Accrued charges and deferred income | 492/3 | €724 | €749 | +€25 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,616 | €45,052 | -€3,564 | -7.3% |
| Other operating charges | 640/8 | €7,728 | €8,701 | +€973 | +12.6% |
| Gross operating margin | 9900 | €47,331 | €51,571 | +€4,239 | +9.0% |
| Operating profit (loss) | 9901 | -€9,013 | -€2,183 | +€6,830 | +75.8% |
| Financial charges | 65/66B | €94 | €45 | -€49 | -52.0% |
| Recurring financial charges | 65 | €94 | €45 | -€49 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,107 | -€2,228 | +€6,879 | +75.5% |
| Profit (loss) for the period | 9904 | -€9,107 | -€2,228 | +€6,879 | +75.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,107 | -€2,228 | +€6,879 | +75.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.