TASWAL: 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.
TASWAL
Largest movements
- Tangible fixed assets -€314,695
down €314,695 (-55.2%), from €569,757 to €255,062
of which Land and buildings: -€174,982
- Other debts -€228,699
down €228,699 (-55.9%), from €409,048 to €180,348
- Profit (loss) carried forward -€84,040
down €84,040 (-75.3%), from -€111,567 to -€195,607
- Other operating charges +€35,908
up €35,908 (+958.2%), from €3,748 to €39,655
- Depreciation -€19,210
down €19,210 (-37.4%), from €51,353 to €32,143
- Gross operating margin -€2,161
down €2,161 (-81.0%), from -€2,668 to -€4,830
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 | €573,099 | €258,390 | -€314,709 | -54.9% |
| Fixed assets | 21/28 | €569,757 | €255,062 | -€314,695 | -55.2% |
| Tangible fixed assets | 22/27 | €569,757 | €255,062 | -€314,695 | -55.2% |
| Land and buildings | 22 | €332,688 | €157,707 | -€174,982 | -52.6% |
| Other tangible fixed assets | 26 | €237,069 | €97,355 | -€139,714 | -58.9% |
| Current assets | 29/58 | €3,341 | €3,328 | -€13 | -0.4% |
| Amounts receivable within one year | 40/41 | €3,094 | €3,301 | +€207 | +6.7% |
| Trade receivables | 40 | - | €35 | +€35 | |
| Other amounts receivable | 41 | €3,094 | €3,266 | +€172 | +5.6% |
| Cash at bank and in hand | 54/58 | €248 | €28 | -€220 | -88.9% |
| Total equity and liabilities | 10/49 | €573,099 | €258,390 | -€314,709 | -54.9% |
| Equity | 10/15 | €162,077 | €78,037 | -€84,040 | -51.9% |
| Contributions | 10/11 | €273,643 | €273,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,567 | -€195,607 | -€84,040 | -75.3% |
| Amounts payable | 17/49 | €411,022 | €180,353 | -€230,669 | -56.1% |
| Amounts payable within one year | 42/48 | €411,022 | €180,353 | -€230,669 | -56.1% |
| Trade debts | 44 | €1,974 | €5 | -€1,969 | -99.7% |
| Suppliers | 440/4 | €1,974 | €5 | -€1,969 | -99.7% |
| Other amounts payable | 47/48 | €409,048 | €180,348 | -€228,699 | -55.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,353 | €32,143 | -€19,210 | -37.4% |
| Other operating charges | 640/8 | €3,748 | €39,655 | +€35,908 | +958.2% |
| Non-recurring operating charges | 66A | - | €7,390 | +€7,390 | |
| Gross operating margin | 9900 | -€2,668 | -€4,830 | -€2,161 | -81.0% |
| Operating profit (loss) | 9901 | -€57,769 | -€84,018 | -€26,249 | -45.4% |
| Financial income | 75/76B | €1 | €41 | +€40 | +4892.7% |
| Recurring financial income | 75 | €1 | €41 | +€40 | +4892.7% |
| Financial charges | 65/66B | €97 | €63 | -€34 | -35.3% |
| Recurring financial charges | 65 | €97 | €63 | -€34 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | -€57,865 | -€84,040 | -€26,175 | -45.2% |
| Profit (loss) for the period | 9904 | -€57,865 | -€84,040 | -€26,175 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,865 | -€84,040 | -€26,175 | -45.2% |
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 3 October 2026 via checked.be.