TATIMMO: 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.
What changed
TATIMMO
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€20,341
2023 · -€6,484-€13,857
Equity
€590,688
2023 · €611,030-€20,341
Cash
€8,470
2023 · €6,330+€2,140
Balance sheet total
€1.4m
2023 · €862,921+€546,453
Largest movements
Assets
- Tangible fixed assets +€546,157
up €546,157 (+64.5%), from €846,115 to €1.4m
Equity and liabilities
- Debts after one year +€519,411
up €519,411 (+684.5%), from €75,885 to €595,296
of which Financial debts: +€530,000
- Other debts +€53,233
up €53,233 (+58.1%), from €91,604 to €144,837
Income statement
- Financial charges +€19,012
up €19,012 (+221.1%), from €8,599 to €27,612
- Taxes -€3,880
down €3,880 (-84.1%), from €4,612 to €732
- Gross operating margin +€1,359
up €1,359 (+2.3%), from €58,380 to €59,739
From the 2023 result to the 2024 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.
Result 2023
-€6,484
Gross operating margin
+€1,359
Depreciation
-€223
Other operating charges
+€140
Financial charges
-€19,012
Taxes
+€3,880
Result 2024
-€20,341
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€66,327
Investment
-€586,164
Financing
+€521,977
Cash 2023
€6,330
From operations (derived)
+€66,327
Net result for the year
-€20,341
Depreciation
+€40,007
Deferred charges and accrued income
+€1,845
Provisions
-€2,294
Trade debts
-€6,849
Tax, wage and social debts
+€1,853
Other debts
+€53,233
Accrued charges and deferred income
-€1,125
Investment (derived)
-€586,164
Investment in fixed assets (net)
-€586,164
Financing
+€521,977
Debts after one year
+€519,411
Short-term financial debts
+€2,566
Cash 2024
€8,470
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €862,921 | €1,409,374 | +€546,453 | +63.3% |
| Fixed assets | 21/28 | €846,115 | €1,392,273 | +€546,157 | +64.5% |
| Tangible fixed assets | 22/27 | €846,115 | €1,392,273 | +€546,157 | +64.5% |
| Land and buildings | 22 | €846,115 | €1,392,273 | +€546,157 | +64.5% |
| Current assets | 29/58 | €16,806 | €17,101 | +€295 | +1.8% |
| Cash at bank and in hand | 54/58 | €6,330 | €8,470 | +€2,140 | +33.8% |
| Deferred charges and accrued income | 490/1 | €10,476 | €8,631 | -€1,845 | -17.6% |
| Total equity and liabilities | 10/49 | €862,921 | €1,409,374 | +€546,453 | +63.3% |
| Equity | 10/15 | €611,030 | €590,688 | -€20,341 | -3.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €248,525 | €238,715 | -€9,810 | -3.9% |
| Reserves | 13 | €217,034 | €219,961 | +€2,927 | +1.3% |
| Non-distributable reserves | 130/1 | €84,682 | €94,492 | +€9,810 | +11.6% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €88,292 | +€88,292 | |
| Other | 1319 | €78,482 | - | -€78,482 | |
| Tax-exempt reserves | 132 | €94,945 | €88,062 | -€6,883 | -7.2% |
| Distributable reserves | 133 | €37,407 | €37,407 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,471 | €70,012 | -€13,458 | -16.1% |
| Provisions and deferred taxes | 16 | €53,889 | €51,595 | -€2,294 | -4.3% |
| Deferred taxes | 168 | €53,889 | €51,595 | -€2,294 | -4.3% |
| Amounts payable | 17/49 | €198,003 | €767,091 | +€569,088 | +287.4% |
| Amounts payable after more than one year | 17 | €75,885 | €595,296 | +€519,411 | +684.5% |
| Financial debts | 170/4 | - | €530,000 | +€530,000 | |
| Trade debts | 175 | €75,885 | €65,296 | -€10,589 | -14.0% |
| Amounts payable within one year | 42/48 | €120,318 | €171,120 | +€50,802 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €10,589 | €10,589 | = | 0.0% |
| Financial debts | 43 | €3,476 | €6,042 | +€2,566 | +73.8% |
| Other loans | 439 | €3,476 | €6,042 | +€2,566 | +73.8% |
| Trade debts | 44 | €8,548 | €1,699 | -€6,849 | -80.1% |
| Suppliers | 440/4 | €8,548 | €1,699 | -€6,849 | -80.1% |
| Taxes, remuneration and social security | 45 | €6,102 | €7,954 | +€1,853 | +30.4% |
| Taxes | 450/3 | €6,102 | €7,954 | +€1,853 | +30.4% |
| Other amounts payable | 47/48 | €91,604 | €144,837 | +€53,233 | +58.1% |
| Accrued charges and deferred income | 492/3 | €1,800 | €675 | -€1,125 | -62.5% |
| Non-recurring operating income | 76A | €2 | - | -€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,784 | €40,007 | +€223 | +0.6% |
| Other operating charges | 640/8 | €14,164 | €14,024 | -€140 | -1.0% |
| Gross operating margin | 9900 | €58,380 | €59,739 | +€1,359 | +2.3% |
| Operating profit (loss) | 9901 | €4,433 | €5,708 | +€1,276 | +28.8% |
| Financial charges | 65/66B | €8,599 | €27,612 | +€19,012 | +221.1% |
| Recurring financial charges | 65 | €8,599 | €27,612 | +€19,012 | +221.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,167 | -€21,903 | -€17,737 | -425.7% |
| Transfer from deferred taxes | 780 | €2,294 | €2,294 | = | 0.0% |
| Income taxes | 67/77 | €4,612 | €732 | -€3,880 | -84.1% |
| Profit (loss) for the period | 9904 | -€6,484 | -€20,341 | -€13,857 | -213.7% |
| Transfer from tax-exempt reserves | 789 | €6,883 | €6,883 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €399 | -€13,458 | -€13,857 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.