TASUKEMASU: 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.
TASUKEMASU
Largest movements
- Financial fixed assets +€2.4m
up €2.4m (+71.9%), from €3.3m to €5.6m
- Cash -€336,153
down €336,153 (-99.5%), from €337,807 to €1,654
mainly Investment in fixed assets (net) (-€2.6m) and Deferred charges and accrued income (-€633)
- Formation expenses +€217,522
new in 2025: €217,522
- Reserves +€902,483
up €902,483 (+235.7%), from €382,835 to €1.3m
- Contributions +€617,190
up €617,190 (+62.7%), from €985,000 to €1.6m
- Short-term financial debts +€400,931
up €400,931 (+16.7%), from €2.4m to €2.8m
- Other debts +€267,887
up €267,887 (+3521.4%), from €7,607 to €275,495
- Financial income +€408,245
up €408,245 (+90.3%), from €451,855 to €860,100
- Gross operating margin +€164,661
up €164,661 (+160.1%), from €102,861 to €267,523
- Staff costs +€47,612
new in 2025: €47,612
- Financial charges -€46,454
down €46,454 (-27.2%), from €170,829 to €124,375
- Depreciation +€38,115
new in 2025: €38,115
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 | €3,777,242 | €5,993,866 | +€2.2m | +58.7% |
| Formation expenses | 20 | - | €217,522 | +€217,522 | |
| Fixed assets | 21/28 | €3,278,879 | €5,637,756 | +€2.4m | +71.9% |
| Financial fixed assets | 28 | €3,278,879 | €5,637,756 | +€2.4m | +71.9% |
| Current assets | 29/58 | €498,363 | €138,588 | -€359,775 | -72.2% |
| Amounts receivable within one year | 40/41 | €160,556 | €136,302 | -€24,255 | -15.1% |
| Trade receivables | 40 | €140,000 | €45,000 | -€95,000 | -67.9% |
| Other amounts receivable | 41 | €20,556 | €91,302 | +€70,745 | +344.1% |
| Cash at bank and in hand | 54/58 | €337,807 | €1,654 | -€336,153 | -99.5% |
| Deferred charges and accrued income | 490/1 | - | €633 | +€633 | |
| Total equity and liabilities | 10/49 | €3,777,242 | €5,993,866 | +€2.2m | +58.7% |
| Equity | 10/15 | €1,367,835 | €2,887,508 | +€1.5m | +111.1% |
| Contributions | 10/11 | €985,000 | €1,602,190 | +€617,190 | +62.7% |
| Contributions outside capital | 11 | €985,000 | €1,602,190 | +€617,190 | +62.7% |
| Other | 1109/19 | €985,000 | €1,602,190 | +€617,190 | +62.7% |
| Reserves | 13 | €382,835 | €1,285,318 | +€902,483 | +235.7% |
| Distributable reserves | 133 | €382,835 | €1,285,318 | +€902,483 | +235.7% |
| Amounts payable | 17/49 | €2,409,407 | €3,106,357 | +€696,950 | +28.9% |
| Amounts payable within one year | 42/48 | €2,409,407 | €3,106,357 | +€696,950 | +28.9% |
| Financial debts | 43 | €2,400,000 | €2,800,931 | +€400,931 | +16.7% |
| Credit institutions | 430/8 | €2,400,000 | €2,800,931 | +€400,931 | +16.7% |
| Trade debts | 44 | - | €11,223 | +€11,223 | |
| Suppliers | 440/4 | - | €11,223 | +€11,223 | |
| Taxes, remuneration and social security | 45 | €1,800 | €18,708 | +€16,908 | +939.3% |
| Taxes | 450/3 | €1,800 | €4,354 | +€2,554 | +141.9% |
| Remuneration and social security | 454/9 | - | €14,354 | +€14,354 | |
| Other amounts payable | 47/48 | €7,607 | €275,495 | +€267,887 | +3521.4% |
| Remuneration, social security and pensions | 62 | - | €47,612 | +€47,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €38,115 | +€38,115 | |
| Other operating charges | 640/8 | €1,052 | €597 | -€455 | -43.2% |
| Gross operating margin | 9900 | €102,861 | €267,523 | +€164,661 | +160.1% |
| Operating profit (loss) | 9901 | €101,809 | €181,198 | +€79,389 | +78.0% |
| Financial income | 75/76B | €451,855 | €860,100 | +€408,245 | +90.3% |
| Recurring financial income | 75 | €451,855 | €860,100 | +€408,245 | +90.3% |
| Financial charges | 65/66B | €170,829 | €124,375 | -€46,454 | -27.2% |
| Recurring financial charges | 65 | €170,829 | €124,375 | -€46,454 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €382,835 | €916,923 | +€534,088 | +139.5% |
| Income taxes | 67/77 | - | €14,440 | +€14,440 | |
| Profit (loss) for the period | 9904 | €382,835 | €902,483 | +€519,648 | +135.7% |
| Profit (loss) for the period to be appropriated | 9905 | €382,835 | €902,483 | +€519,648 | +135.7% |
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 10 October 2026 via checked.be.