TAVERNE HAPPY: 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.
TAVERNE HAPPY
Largest movements
- Tangible fixed assets -€2,832
down €2,832 (-50.1%), from €5,655 to €2,824
- Stocks and contracts -€2,786
down €2,786 (-47.4%), from €5,883 to €3,097
- Receivables within one year +€2,425
up €2,425 (+1,039%), from €233 to €2,658
- Cash -€281
down €281 (-24.0%), from €1,171 to €890
mainly Net result for the year (-€3,504) and Trade debts (-€2,863)
- Profit (loss) carried forward -€3,504
down €3,504 (-57.5%), from -€6,095 to -€9,599
- Tax, wage and social debts +€3,393
up €3,393 (+186%), from €1,822 to €5,216
- Trade debts -€2,863
no longer reported in 2025 (was €2,863)
- Other debts -€500
down €500 (-25.6%), from €1,952 to €1,452
- Other operating charges -€2,338
down €2,338 (-72.6%), from €3,220 to €882
- Financial charges -€253
down €253 (-55.6%), from €456 to €202
of which Non-recurring financial charges: -€313
- Gross operating margin +€144
up €144 (+56.9%), from €253 to €397
- Financial income -€6
down €6 (-28.2%), from €21 to €15
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 | €12,942 | €9,469 | -€3,474 | -26.8% |
| Fixed assets | 21/28 | €5,655 | €2,824 | -€2,832 | -50.1% |
| Tangible fixed assets | 22/27 | €5,655 | €2,824 | -€2,832 | -50.1% |
| Furniture and vehicles | 24 | €5,655 | €2,824 | -€2,832 | -50.1% |
| Current assets | 29/58 | €7,287 | €6,645 | -€642 | -8.8% |
| Stocks and contracts in progress | 3 | €5,883 | €3,097 | -€2,786 | -47.4% |
| Stocks | 30/36 | €5,883 | €3,097 | -€2,786 | -47.4% |
| Amounts receivable within one year | 40/41 | €233 | €2,658 | +€2,425 | +1,039% |
| Other amounts receivable | 41 | €233 | €2,658 | +€2,425 | +1,039% |
| Cash at bank and in hand | 54/58 | €1,171 | €890 | -€281 | -24.0% |
| Total equity and liabilities | 10/49 | €12,942 | €9,469 | -€3,474 | -26.8% |
| Equity | 10/15 | €6,305 | €2,801 | -€3,504 | -55.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Share premium | 1100/10 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,095 | -€9,599 | -€3,504 | -57.5% |
| Amounts payable | 17/49 | €6,637 | €6,668 | +€31 | +0.5% |
| Amounts payable within one year | 42/48 | €6,637 | €6,668 | +€31 | +0.5% |
| Trade debts | 44 | €2,863 | - | -€2,863 | |
| Suppliers | 440/4 | €2,863 | - | -€2,863 | |
| Taxes, remuneration and social security | 45 | €1,822 | €5,216 | +€3,393 | +186% |
| Taxes | 450/3 | €1,822 | €5,216 | +€3,393 | +186% |
| Other amounts payable | 47/48 | €1,952 | €1,452 | -€500 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,832 | €2,832 | = | 0.0% |
| Other operating charges | 640/8 | €3,220 | €882 | -€2,338 | -72.6% |
| Gross operating margin | 9900 | €253 | €397 | +€144 | +56.9% |
| Operating profit (loss) | 9901 | -€5,798 | -€3,317 | +€2,482 | +42.8% |
| Financial income | 75/76B | €21 | €15 | -€6 | -28.2% |
| Recurring financial income | 75 | €21 | €15 | -€6 | -28.2% |
| Financial charges | 65/66B | €456 | €202 | -€253 | -55.6% |
| Recurring financial charges | 65 | €142 | €202 | +€60 | +42.3% |
| Non-recurring financial charges | 66B | €313 | - | -€313 | |
| Profit (loss) for the period before taxes | 9903 | -€6,233 | -€3,504 | +€2,729 | +43.8% |
| Profit (loss) for the period | 9904 | -€6,233 | -€3,504 | +€2,729 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,233 | -€3,504 | +€2,729 | +43.8% |
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 26 October 2026 via checked.be.