TAVE: 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.
TAVE
Largest movements
- Tangible fixed assets +€10,039
up €10,039 (+212%), from €4,739 to €14,778
of which Furniture and vehicles: +€6,239
- Receivables within one year +€2,975
up €2,975 (+35.9%), from €8,295 to €11,270
of which Other amounts receivable: +€2,423
- Intangible fixed assets -€334
down €334 (-35.0%), from €955 to €621
- Debts after one year +€3,755
new in 2025: €3,755
- Other debts +€3,250
up €3,250 (+43.7%), from €7,437 to €10,687
- Profit (loss) carried forward +€1,977
up €1,977 (+1,333%), from €148 to €2,126
- Current portion of long-term debt +€1,783
new in 2025: €1,783
- Advances received +€1,715
new in 2025: €1,715
- Turnover +€68,434
new in 2025: €68,434
- Purchases and services +€61,588
new in 2025: €61,588
- Gross operating margin +€4,724
up €4,724 (+223%), from €2,122 to €6,846
- Depreciation +€1,256
up €1,256 (+64.9%), from €1,936 to €3,192
- Other operating charges +€732
up €732, from €0 to €732
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 | €18,257 | €31,234 | +€12,977 | +71.1% |
| Fixed assets | 21/28 | €5,694 | €15,399 | +€9,704 | +170% |
| Intangible fixed assets | 21 | €955 | €621 | -€334 | -35.0% |
| Tangible fixed assets | 22/27 | €4,739 | €14,778 | +€10,039 | +212% |
| Plant, machinery and equipment | 23 | €4,739 | €8,538 | +€3,799 | +80.2% |
| Furniture and vehicles | 24 | - | €6,239 | +€6,239 | |
| Current assets | 29/58 | €12,563 | €15,835 | +€3,273 | +26.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €8,295 | €11,270 | +€2,975 | +35.9% |
| Trade receivables | 40 | €7,500 | €8,052 | +€552 | +7.4% |
| Other amounts receivable | 41 | €795 | €3,218 | +€2,423 | +305% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,268 | €4,554 | +€286 | +6.7% |
| Deferred charges and accrued income | 490/1 | €0 | €12 | +€12 | |
| Total equity and liabilities | 10/49 | €18,257 | €31,234 | +€12,977 | +71.1% |
| Equity | 10/15 | €6,148 | €8,126 | +€1,977 | +32.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148 | €2,126 | +€1,977 | +1,333% |
| Amounts payable | 17/49 | €12,109 | €23,108 | +€11,000 | +90.8% |
| Amounts payable after more than one year | 17 | - | €3,755 | +€3,755 | |
| Financial debts | 170/4 | - | €3,755 | +€3,755 | |
| Amounts payable within one year | 42/48 | €11,695 | €19,354 | +€7,659 | +65.5% |
| Current portion of amounts payable after more than one year | 42 | - | €1,783 | +€1,783 | |
| Trade debts | 44 | €4,221 | €4,474 | +€253 | +6.0% |
| Suppliers | 440/4 | €4,221 | €4,474 | +€253 | +6.0% |
| Advances received on contracts in progress | 46 | - | €1,715 | +€1,715 | |
| Taxes, remuneration and social security | 45 | €37 | €695 | +€658 | +1,774% |
| Taxes | 450/3 | €37 | €695 | +€658 | +1,774% |
| Other amounts payable | 47/48 | €7,437 | €10,687 | +€3,250 | +43.7% |
| Accrued charges and deferred income | 492/3 | €414 | - | -€414 | |
| Turnover | 70 | - | €68,434 | +€68,434 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €61,588 | +€61,588 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,936 | €3,192 | +€1,256 | +64.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €179 | +€179 | |
| Other operating charges | 640/8 | €0 | €732 | +€732 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,122 | €6,846 | +€4,724 | +223% |
| Operating profit (loss) | 9901 | €185 | €2,743 | +€2,558 | +1,379% |
| Financial charges | 65/66B | - | €94 | +€94 | |
| Recurring financial charges | 65 | - | €94 | +€94 | |
| Profit (loss) for the period before taxes | 9903 | €185 | €2,650 | +€2,464 | +1,329% |
| Income taxes | 67/77 | €37 | €672 | +€635 | +1,713% |
| Profit (loss) for the period | 9904 | €148 | €1,977 | +€1,829 | +1,233% |
| Profit (loss) for the period to be appropriated | 9905 | €148 | €1,977 | +€1,829 | +1,233% |
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.