TAVERNES: 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.
TAVERNES
Largest movements
- Tangible fixed assets -€12,379
down €12,379 (-23.6%), from €52,495 to €40,116
of which Plant, machinery and equipment: -€12,315
- Cash +€3,079
up €3,079 (+82.8%), from €3,717 to €6,796
mainly Depreciation (+€12,379) and Net result for the year (+€6,563)
- Receivables within one year -€1,545
down €1,545 (-91.1%), from €1,697 to €151
of which Other amounts receivable: -€1,545
- Profit (loss) carried forward +€8,423
up €8,423 (+9.2%), from -€91,557 to -€83,135
- Tax, wage and social debts -€6,969
down €6,969 (-100%), from €6,969 to €0
of which Remuneration and social security: -€6,969
- Short-term financial debts -€4,869
down €4,869 (-80.9%), from €6,016 to €1,146
- Trade debts -€3,771
down €3,771 (-26.4%), from €14,287 to €10,516
- Reserves -€1,860
down €1,860 (-5.8%), from €31,860 to €30,000
of which Distributable reserves: -€1,860
- Staff costs -€27,431
down €27,431 (-67.6%), from €40,603 to €13,172
- Gross operating margin +€16,764
up €16,764 (+89.7%), from €18,694 to €35,458
- Depreciation -€2,910
down €2,910 (-19.0%), from €15,289 to €12,379
- Other operating charges -€1,906
down €1,906 (-49.6%), from €3,843 to €1,938
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,671 | €65,170 | -€10,501 | -13.9% |
| Fixed assets | 21/28 | €58,795 | €46,416 | -€12,379 | -21.1% |
| Tangible fixed assets | 22/27 | €52,495 | €40,116 | -€12,379 | -23.6% |
| Plant, machinery and equipment | 23 | €52,317 | €40,002 | -€12,315 | -23.5% |
| Furniture and vehicles | 24 | €178 | €114 | -€64 | -35.9% |
| Financial fixed assets | 28 | €6,300 | €6,300 | = | 0.0% |
| Current assets | 29/58 | €16,876 | €18,754 | +€1,879 | +11.1% |
| Stocks and contracts in progress | 3 | €8,000 | €8,000 | = | 0.0% |
| Stocks | 30/36 | €8,000 | €8,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,697 | €151 | -€1,545 | -91.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,697 | €151 | -€1,545 | -91.1% |
| Cash at bank and in hand | 54/58 | €3,717 | €6,796 | +€3,079 | +82.8% |
| Deferred charges and accrued income | 490/1 | €3,462 | €3,808 | +€345 | +10.0% |
| Total equity and liabilities | 10/49 | €75,671 | €65,170 | -€10,501 | -13.9% |
| Equity | 10/15 | -€43,576 | -€37,014 | +€6,563 | +15.1% |
| Contributions | 10/11 | €16,121 | €16,121 | = | 0.0% |
| Reserves | 13 | €31,860 | €30,000 | -€1,860 | -5.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €31,860 | €30,000 | -€1,860 | -5.8% |
| Profit (loss) carried forward | 14 | -€91,557 | -€83,135 | +€8,423 | +9.2% |
| Amounts payable | 17/49 | €119,247 | €102,184 | -€17,063 | -14.3% |
| Amounts payable within one year | 42/48 | €119,112 | €102,169 | -€16,943 | -14.2% |
| Financial debts | 43 | €6,016 | €1,146 | -€4,869 | -80.9% |
| Credit institutions | 430/8 | €6,016 | €1,146 | -€4,869 | -80.9% |
| Trade debts | 44 | €14,287 | €10,516 | -€3,771 | -26.4% |
| Suppliers | 440/4 | €14,287 | €10,516 | -€3,771 | -26.4% |
| Taxes, remuneration and social security | 45 | €6,969 | €0 | -€6,969 | -100% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €6,969 | €0 | -€6,969 | -100% |
| Other amounts payable | 47/48 | €91,840 | €90,507 | -€1,334 | -1.5% |
| Accrued charges and deferred income | 492/3 | €135 | €15 | -€120 | -88.9% |
| Remuneration, social security and pensions | 62 | €40,603 | €13,172 | -€27,431 | -67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,289 | €12,379 | -€2,910 | -19.0% |
| Other operating charges | 640/8 | €3,843 | €1,938 | -€1,906 | -49.6% |
| Non-recurring operating charges | 66A | - | €632 | +€632 | |
| Gross operating margin | 9900 | €18,694 | €35,458 | +€16,764 | +89.7% |
| Operating profit (loss) | 9901 | -€41,041 | €7,337 | +€48,378 | |
| Financial income | 75/76B | €13 | €24 | +€12 | +92.2% |
| Recurring financial income | 75 | €13 | €24 | +€12 | +92.2% |
| Financial charges | 65/66B | €1,051 | €796 | -€255 | -24.2% |
| Recurring financial charges | 65 | €1,051 | €796 | -€255 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | -€42,079 | €6,565 | +€48,644 | |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€42,079 | €6,563 | +€48,642 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,079 | €6,563 | +€48,642 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.