TAVIESCO: 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.
TAVIESCO
Largest movements
- Cash +€39,657
up €39,657 (+19.3%), from €205,326 to €244,983
mainly Other debts (+€102,680) and Net result for the year (+€94,652)
- Receivables within one year +€7,053
up €7,053 (+37.0%), from €19,067 to €26,120
- Tangible fixed assets -€5,754
down €5,754 (-12.3%), from €46,699 to €40,945
of which Furniture and vehicles: -€10,403
- Other debts +€102,680
up €102,680 (+196%), from €52,429 to €155,109
- Reserves -€55,348
down €55,348 (-20.0%), from €276,304 to €220,956
of which Distributable reserves: -€55,348
- Current portion of long-term debt -€8,466
down €8,466 (-100%), from €8,466 to €0
- Gross operating margin -€2,049
down €2,049 (-1.4%), from €146,403 to €144,354
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 | €521,092 | €562,047 | +€40,956 | +7.9% |
| Fixed assets | 21/28 | €296,699 | €290,945 | -€5,754 | -1.9% |
| Tangible fixed assets | 22/27 | €46,699 | €40,945 | -€5,754 | -12.3% |
| Land and buildings | 22 | €2,521 | €2,090 | -€431 | -17.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €44,177 | €33,775 | -€10,403 | -23.5% |
| Other tangible fixed assets | 26 | - | €5,080 | +€5,080 | |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €224,393 | €271,103 | +€46,710 | +20.8% |
| Amounts receivable within one year | 40/41 | €19,067 | €26,120 | +€7,053 | +37.0% |
| Trade receivables | 40 | €19,067 | €26,120 | +€7,053 | +37.0% |
| Cash at bank and in hand | 54/58 | €205,326 | €244,983 | +€39,657 | +19.3% |
| Total equity and liabilities | 10/49 | €521,092 | €562,047 | +€40,956 | +7.9% |
| Equity | 10/15 | €294,904 | €239,556 | -€55,348 | -18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €276,304 | €220,956 | -€55,348 | -20.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €276,304 | €220,956 | -€55,348 | -20.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €226,187 | €322,491 | +€96,304 | +42.6% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,187 | €169,491 | +€96,304 | +132% |
| Current portion of amounts payable after more than one year | 42 | €8,466 | €0 | -€8,466 | -100% |
| Trade debts | 44 | €1,192 | €1,691 | +€498 | +41.8% |
| Suppliers | 440/4 | €1,192 | €1,691 | +€498 | +41.8% |
| Taxes, remuneration and social security | 45 | €11,100 | €12,691 | +€1,591 | +14.3% |
| Taxes | 450/3 | €11,100 | €12,691 | +€1,591 | +14.3% |
| Other amounts payable | 47/48 | €52,429 | €155,109 | +€102,680 | +196% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,738 | €11,746 | +€8 | +0.1% |
| Other operating charges | 640/8 | €979 | €1,279 | +€300 | +30.7% |
| Gross operating margin | 9900 | €146,403 | €144,354 | -€2,049 | -1.4% |
| Operating profit (loss) | 9901 | €133,686 | €131,329 | -€2,358 | -1.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,967 | €3,634 | -€332 | -8.4% |
| Recurring financial charges | 65 | €3,967 | €3,634 | -€332 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €129,720 | €127,694 | -€2,025 | -1.6% |
| Income taxes | 67/77 | €32,526 | €33,042 | +€516 | +1.6% |
| Profit (loss) for the period | 9904 | €97,194 | €94,652 | -€2,542 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €97,194 | €94,652 | -€2,542 | -2.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.