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TAVANDO: 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

TAVANDO

BE 0441.395.629
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€2,327
2023 · -€12,272+€9,945
Equity
€35,429
2023 · €37,756-€2,327
Cash
€7,969
2023 · €11,979-€4,010
Balance sheet total
€55,039
2023 · €59,050-€4,010

Largest movements

2023 to 2024
Assets
  • Cash -€4,010

    down €4,010 (-33.5%), from €11,979 to €7,969

    mainly Net result for the year (-€2,327) and Other debts (-€1,684)

Equity and liabilities
  • Profit (loss) carried forward -€2,327

    down €2,327 (-9.1%), from -€25,659 to -€27,985

  • Other debts -€1,684

    down €1,684 (-9.6%), from €17,522 to €15,839

Income statement
  • Other operating charges -€6,661

    down €6,661 (-44.6%), from €14,923 to €8,262

  • Gross operating margin +€3,262

    up €3,262 (+121.3%), from €2,690 to €5,952

From the 2023 result to the 2024 result

effect on the 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 -€12,272
Gross operating margin +€3,262
Other operating charges +€6,661
Financial charges +€22
Result 2024 -€2,327

Cash bridge derived

cash 2023 to 2024

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 -€4,010
Investment €0
Financing €0
Cash 2023 €11,979
Net result for the year -€2,327
Other debts -€1,684
Cash 2024 €7,969
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €59,050 €55,039 -€4,010 -6.8%
Fixed assets 21/28 €47,071 €47,071 = 0.0%
Tangible fixed assets 22/27 €47,071 €47,071 = 0.0%
Land and buildings 22 €47,071 €47,071 = 0.0%
Current assets 29/58 €11,979 €7,969 -€4,010 -33.5%
Amounts receivable within one year 40/41 €0 - =
Other amounts receivable 41 €0 - =
Cash at bank and in hand 54/58 €11,979 €7,969 -€4,010 -33.5%
Total equity and liabilities 10/49 €59,050 €55,039 -€4,010 -6.8%
Equity 10/15 €37,756 €35,429 -€2,327 -6.2%
Contributions 10/11 €62,000 €62,000 = 0.0%
Outside capital 11 €62,000 €62,000 = 0.0%
Other 1109/19 €62,000 €62,000 = 0.0%
Reserves 13 €1,415 €1,415 = 0.0%
Non-distributable reserves 130/1 €453 €453 = 0.0%
Reserves not available under the articles 1311 €453 €453 = 0.0%
Distributable reserves 133 €962 €962 = 0.0%
Profit (loss) carried forward 14 -€25,659 -€27,985 -€2,327 -9.1%
Amounts payable 17/49 €21,293 €19,610 -€1,684 -7.9%
Amounts payable after more than one year 17 €3,771 €3,771 = 0.0%
Other amounts payable 178/9 €3,771 €3,771 = 0.0%
Amounts payable within one year 42/48 €17,522 €15,839 -€1,684 -9.6%
Trade debts 44 €0 - =
Suppliers 440/4 €0 - =
Other amounts payable 47/48 €17,522 €15,839 -€1,684 -9.6%
Other operating charges 640/8 €14,923 €8,262 -€6,661 -44.6%
Gross operating margin 9900 €2,690 €5,952 +€3,262 +121.3%
Operating profit (loss) 9901 -€12,233 -€2,310 +€9,923 +81.1%
Financial charges 65/66B €39 €17 -€22 -57.4%
Recurring financial charges 65 €39 €17 -€22 -57.4%
Profit (loss) for the period before taxes 9903 -€12,272 -€2,327 +€9,945 +81.0%
Profit (loss) for the period 9904 -€12,272 -€2,327 +€9,945 +81.0%
Profit (loss) for the period to be appropriated 9905 -€12,272 -€2,327 +€9,945 +81.0%

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 28 September 2026 via checked.be.