TAVANTO PROJECTS: 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.
TAVANTO PROJECTS
Largest movements
- Receivables within one year -€73,167
down €73,167 (-44.9%), from €163,101 to €89,934
- Cash +€61,214
up €61,214 (+47.3%), from €129,534 to €190,749
mainly Net result for the year (+€82,854) and Receivables within one year (+€73,167)
- Financial fixed assets -€12,300
down €12,300 (-29.1%), from €42,300 to €30,000
- Reserves -€64,777
down €64,777 (-29.2%), from €222,066 to €157,289
of which Distributable reserves: -€57,277
- Other debts +€50,377
up €50,377 (+155%), from €32,477 to €82,854
- Tax, wage and social debts -€6,952
down €6,952 (-100%), from €6,952 to €0
- Financial income +€56,490
up €56,490 (+182%), from €31,086 to €87,576
- Taxes -€9,746
down €9,746, from €7,452 to -€2,294
- Financial charges +€4,253
up €4,253 (+12,192%), from €35 to €4,287
- Gross operating margin +€274
up €274 (+11.0%), from -€2,490 to -€2,215
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 | €339,455 | €315,143 | -€24,312 | -7.2% |
| Fixed assets | 21/28 | €42,300 | €30,000 | -€12,300 | -29.1% |
| Financial fixed assets | 28 | €42,300 | €30,000 | -€12,300 | -29.1% |
| Current assets | 29/58 | €297,155 | €285,143 | -€12,012 | -4.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €163,101 | €89,934 | -€73,167 | -44.9% |
| Other amounts receivable | 41 | €163,101 | €89,934 | -€73,167 | -44.9% |
| Cash at bank and in hand | 54/58 | €129,534 | €190,749 | +€61,214 | +47.3% |
| Deferred charges and accrued income | 490/1 | €4,519 | €4,461 | -€59 | -1.3% |
| Total equity and liabilities | 10/49 | €339,455 | €315,143 | -€24,312 | -7.2% |
| Equity | 10/15 | €297,066 | €232,289 | -€64,777 | -21.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €222,066 | €157,289 | -€64,777 | -29.2% |
| Non-distributable reserves | 130/1 | €7,500 | - | -€7,500 | |
| Reserves not available under the articles | 1311 | €7,500 | - | -€7,500 | |
| Distributable reserves | 133 | €214,566 | €157,289 | -€57,277 | -26.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,388 | €82,854 | +€40,466 | +95.5% |
| Amounts payable within one year | 42/48 | €42,388 | €82,854 | +€40,466 | +95.5% |
| Trade debts | 44 | €2,960 | €0 | -€2,960 | -100% |
| Suppliers | 440/4 | €2,960 | €0 | -€2,960 | -100% |
| Taxes, remuneration and social security | 45 | €6,952 | €0 | -€6,952 | -100% |
| Taxes | 450/3 | €6,952 | €0 | -€6,952 | -100% |
| Other amounts payable | 47/48 | €32,477 | €82,854 | +€50,377 | +155% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€2,490 | -€2,215 | +€274 | +11.0% |
| Operating profit (loss) | 9901 | -€2,989 | -€2,729 | +€260 | +8.7% |
| Financial income | 75/76B | €31,086 | €87,576 | +€56,490 | +182% |
| Recurring financial income | 75 | €31,086 | €87,576 | +€56,490 | +182% |
| Financial charges | 65/66B | €35 | €4,287 | +€4,253 | +12,192% |
| Recurring financial charges | 65 | €35 | €4,287 | +€4,253 | +12,192% |
| Profit (loss) for the period before taxes | 9903 | €28,062 | €80,560 | +€52,498 | +187% |
| Income taxes | 67/77 | €7,452 | -€2,294 | -€9,746 | |
| Profit (loss) for the period | 9904 | €20,611 | €82,854 | +€62,243 | +302% |
| Profit (loss) for the period to be appropriated | 9905 | €20,611 | €82,854 | +€62,243 | +302% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.