TATLAR: 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.
TATLAR
Largest movements
- Receivables within one year +€325,739
up €325,739 (+36.4%), from €894,481 to €1.2m
of which Trade receivables: +€357,986
- Cash -€101,909
down €101,909 (-65.3%), from €156,018 to €54,108
mainly Receivables within one year (-€325,739) and Investment in fixed assets (net) (-€246,825)
- Reserves +€367,272
up €367,272 (+76.4%), from €480,746 to €848,018
of which Distributable reserves: +€367,272
- Other debts -€169,662
down €169,662 (-30.7%), from €553,326 to €383,664
- Debts after one year -€128,194
down €128,194 (-3.6%), from €3.6m to €3.5m
- Tax, wage and social debts +€72,906
up €72,906 (+57.1%), from €127,792 to €200,698
of which Taxes: +€80,244
- Gross operating margin +€344,640
up €344,640 (+30.1%), from €1.1m to €1.5m
- Taxes +€99,476
up €99,476 (+81.7%), from €121,726 to €221,202
- Staff costs +€50,078
up €50,078 (+12.8%), from €392,166 to €442,243
- Depreciation +€37,528
up €37,528 (+19.0%), from €197,452 to €234,979
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 | €6,473,010 | €6,701,176 | +€228,166 | +3.5% |
| Fixed assets | 21/28 | €4,983,643 | €4,995,489 | +€11,846 | +0.2% |
| Tangible fixed assets | 22/27 | €4,983,643 | €4,995,489 | +€11,846 | +0.2% |
| Land and buildings | 22 | €4,825,710 | €4,797,550 | -€28,160 | -0.6% |
| Plant, machinery and equipment | 23 | €110,743 | €114,232 | +€3,490 | +3.2% |
| Furniture and vehicles | 24 | €46,266 | €83,706 | +€37,441 | +80.9% |
| Other tangible fixed assets | 26 | €924 | - | -€924 | |
| Current assets | 29/58 | €1,489,367 | €1,705,687 | +€216,320 | +14.5% |
| Stocks and contracts in progress | 3 | €422,928 | €425,316 | +€2,388 | +0.6% |
| Stocks | 30/36 | €422,928 | €425,316 | +€2,388 | +0.6% |
| Amounts receivable within one year | 40/41 | €894,481 | €1,220,221 | +€325,739 | +36.4% |
| Trade receivables | 40 | €862,235 | €1,220,221 | +€357,986 | +41.5% |
| Other amounts receivable | 41 | €32,246 | - | -€32,246 | |
| Cash at bank and in hand | 54/58 | €156,018 | €54,108 | -€101,909 | -65.3% |
| Deferred charges and accrued income | 490/1 | €15,939 | €6,041 | -€9,898 | -62.1% |
| Total equity and liabilities | 10/49 | €6,473,010 | €6,701,176 | +€228,166 | +3.5% |
| Equity | 10/15 | €675,570 | €1,042,842 | +€367,272 | +54.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €480,746 | €848,018 | +€367,272 | +76.4% |
| Non-distributable reserves | 130/1 | €19,587 | €19,587 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,587 | €19,587 | = | 0.0% |
| Distributable reserves | 133 | €461,159 | €828,431 | +€367,272 | +79.6% |
| Profit (loss) carried forward | 14 | €176,224 | €176,224 | = | 0.0% |
| Amounts payable | 17/49 | €5,797,440 | €5,658,333 | -€139,106 | -2.4% |
| Amounts payable after more than one year | 17 | €3,593,255 | €3,465,061 | -€128,194 | -3.6% |
| Financial debts | 170/4 | €3,593,255 | €3,465,061 | -€128,194 | -3.6% |
| Amounts payable within one year | 42/48 | €2,204,185 | €2,193,272 | -€10,913 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €248,289 | €295,949 | +€47,660 | +19.2% |
| Financial debts | 43 | €350,000 | €350,000 | = | 0.0% |
| Credit institutions | 430/8 | - | €350,000 | +€350,000 | |
| Other loans | 439 | €350,000 | - | -€350,000 | |
| Trade debts | 44 | €924,777 | €962,961 | +€38,184 | +4.1% |
| Suppliers | 440/4 | €924,777 | €962,961 | +€38,184 | +4.1% |
| Taxes, remuneration and social security | 45 | €127,792 | €200,698 | +€72,906 | +57.1% |
| Taxes | 450/3 | €65,094 | €145,338 | +€80,244 | +123% |
| Remuneration and social security | 454/9 | €62,698 | €55,360 | -€7,338 | -11.7% |
| Other amounts payable | 47/48 | €553,326 | €383,664 | -€169,662 | -30.7% |
| Remuneration, social security and pensions | 62 | €392,166 | €442,243 | +€50,078 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197,452 | €234,979 | +€37,528 | +19.0% |
| Other operating charges | 640/8 | €3,761 | €17,702 | +€13,941 | +371% |
| Non-recurring operating charges | 66A | €79,207 | €7,175 | -€72,032 | -90.9% |
| Gross operating margin | 9900 | €1,145,530 | €1,490,171 | +€344,640 | +30.1% |
| Operating profit (loss) | 9901 | €472,945 | €788,071 | +€315,126 | +66.6% |
| Financial income | 75/76B | €92 | €2,234 | +€2,142 | +2,327% |
| Recurring financial income | 75 | €92 | €2,234 | +€2,142 | +2,327% |
| Financial charges | 65/66B | €121,464 | €121,831 | +€367 | +0.3% |
| Recurring financial charges | 65 | €121,464 | €121,831 | +€367 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €351,574 | €668,474 | +€316,901 | +90.1% |
| Income taxes | 67/77 | €121,726 | €221,202 | +€99,476 | +81.7% |
| Profit (loss) for the period | 9904 | €229,848 | €447,272 | +€217,425 | +94.6% |
| Profit (loss) for the period to be appropriated | 9905 | €229,848 | €447,272 | +€217,425 | +94.6% |
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 16 October 2026 via checked.be.