TAUSY: 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.
TAUSY
Largest movements
- Financial fixed assets -€602,967
down €602,967 (-36.2%), from €1.7m to €1.1m
- Receivables within one year +€278,247
up €278,247 (+432%), from €64,439 to €342,686
of which Other amounts receivable: +€214,372
- Cash +€174,626
up €174,626 (+8,732%), from €2,000 to €176,626
mainly Investment in fixed assets (net) (+€601,517) and Net result for the year (+€308,516)
- Other debts -€334,535
down €334,535 (-64.5%), from €518,694 to €184,159
- Reserves +€307,829
up €307,829 (+37.7%), from €815,472 to €1.1m
of which Distributable reserves: +€307,829
- Current portion of long-term debt -€83,333
down €83,333 (-83.3%), from €100,000 to €16,667
- Financial income +€244,061
up €244,061 (+12,500%), from €1,953 to €246,013
- Financial charges -€59,819
down €59,819 (-76.6%), from €78,085 to €18,266
of which Non-recurring financial charges: -€53,912
- Gross operating margin -€13,465
down €13,465 (-11.8%), from €114,157 to €100,693
- Taxes -€1,232
down €1,232 (-6.4%), from €19,277 to €18,045
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 | €1,735,809 | €1,586,686 | -€149,122 | -8.6% |
| Fixed assets | 21/28 | €1,664,685 | €1,062,794 | -€601,891 | -36.2% |
| Tangible fixed assets | 22/27 | €86 | €1,162 | +€1,076 | +1,244% |
| Furniture and vehicles | 24 | €86 | €1,162 | +€1,076 | +1,244% |
| Financial fixed assets | 28 | €1,664,599 | €1,061,632 | -€602,967 | -36.2% |
| Current assets | 29/58 | €71,124 | €523,892 | +€452,768 | +637% |
| Amounts receivable within one year | 40/41 | €64,439 | €342,686 | +€278,247 | +432% |
| Trade receivables | 40 | €53,232 | €117,107 | +€63,875 | +120% |
| Other amounts receivable | 41 | €11,207 | €225,579 | +€214,372 | +1,913% |
| Cash at bank and in hand | 54/58 | €2,000 | €176,626 | +€174,626 | +8,732% |
| Deferred charges and accrued income | 490/1 | €4,685 | €4,580 | -€105 | -2.2% |
| Total equity and liabilities | 10/49 | €1,735,809 | €1,586,686 | -€149,122 | -8.6% |
| Equity | 10/15 | €1,015,472 | €1,323,301 | +€307,829 | +30.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €815,472 | €1,123,301 | +€307,829 | +37.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €815,472 | €1,123,301 | +€307,829 | +37.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €41,110 | €41,110 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €41,110 | €41,110 | = | 0.0% |
| Pensions and similar obligations | 160 | €41,110 | €41,110 | = | 0.0% |
| Amounts payable | 17/49 | €679,227 | €222,276 | -€456,951 | -67.3% |
| Amounts payable after more than one year | 17 | €16,667 | €0 | -€16,667 | -100% |
| Financial debts | 170/4 | €16,667 | €0 | -€16,667 | -100% |
| Amounts payable within one year | 42/48 | €644,214 | €208,241 | -€435,974 | -67.7% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €16,667 | -€83,333 | -83.3% |
| Financial debts | 43 | €11,776 | €0 | -€11,776 | -100% |
| Other loans | 439 | €11,776 | €0 | -€11,776 | -100% |
| Trade debts | 44 | €8,966 | €4,479 | -€4,487 | -50.0% |
| Suppliers | 440/4 | €8,966 | €4,479 | -€4,487 | -50.0% |
| Taxes, remuneration and social security | 45 | €4,778 | €2,935 | -€1,842 | -38.6% |
| Taxes | 450/3 | €4,778 | €2,935 | -€1,842 | -38.6% |
| Other amounts payable | 47/48 | €518,694 | €184,159 | -€334,535 | -64.5% |
| Accrued charges and deferred income | 492/3 | €18,346 | €14,035 | -€4,311 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | €374 | +€223 | +147% |
| Other operating charges | 640/8 | €2,045 | €1,505 | -€540 | -26.4% |
| Gross operating margin | 9900 | €114,157 | €100,693 | -€13,465 | -11.8% |
| Operating profit (loss) | 9901 | €111,961 | €98,813 | -€13,147 | -11.7% |
| Financial income | 75/76B | €1,953 | €246,013 | +€244,061 | +12,500% |
| Recurring financial income | 75 | €1,953 | €246,013 | +€244,061 | +12,500% |
| Financial charges | 65/66B | €78,085 | €18,266 | -€59,819 | -76.6% |
| Recurring financial charges | 65 | €24,172 | €18,266 | -€5,906 | -24.4% |
| Non-recurring financial charges | 66B | €53,913 | €0 | -€53,912 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €35,829 | €326,561 | +€290,732 | +811% |
| Income taxes | 67/77 | €19,277 | €18,045 | -€1,232 | -6.4% |
| Profit (loss) for the period | 9904 | €16,551 | €308,516 | +€291,964 | +1,764% |
| Profit (loss) for the period to be appropriated | 9905 | €16,551 | €308,516 | +€291,964 | +1,764% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.