TAVOITURE.BE: 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.
TAVOITURE.BE
Largest movements
- Receivables within one year +€31,319
up €31,319 (+43.3%), from €72,328 to €103,646
of which Trade receivables: +€38,123
- Stocks and contracts -€31,163
down €31,163 (-26.2%), from €118,744 to €87,581
- Cash +€25,812
up €25,812 (+115%), from €22,469 to €48,281
mainly Stocks and contracts (+€31,163) and Trade debts (+€29,814)
- Trade debts +€29,814
up €29,814 (+54.7%), from €54,510 to €84,324
- Tax, wage and social debts +€16,262
up €16,262 (+34.3%), from €47,385 to €63,647
of which Taxes: +€11,806
- Other debts -€11,457
down €11,457 (-53.4%), from €21,457 to €10,000
- Debts after one year -€10,886
down €10,886 (-47.6%), from €22,852 to €11,966
- Profit (loss) carried forward +€5,304
up €5,304 (+15.7%), from €33,788 to €39,092
- Staff costs +€41,296
new in 2025: €41,296
- Gross operating margin +€18,872
up €18,872 (+55.3%), from €34,154 to €53,026
- Other operating charges -€5,481
down €5,481 (-85.6%), from €6,404 to €923
- Taxes -€2,546
down €2,546 (-46.4%), from €5,487 to €2,941
- Financial charges -€849
down €849 (-24.6%), from €3,452 to €2,602
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 | €213,540 | €241,451 | +€27,911 | +13.1% |
| Current assets | 29/58 | €213,540 | €241,451 | +€27,911 | +13.1% |
| Stocks and contracts in progress | 3 | €118,744 | €87,581 | -€31,163 | -26.2% |
| Stocks | 30/36 | €118,744 | €87,581 | -€31,163 | -26.2% |
| Amounts receivable within one year | 40/41 | €72,328 | €103,646 | +€31,319 | +43.3% |
| Trade receivables | 40 | €46,238 | €84,361 | +€38,123 | +82.4% |
| Other amounts receivable | 41 | €26,089 | €19,285 | -€6,804 | -26.1% |
| Cash at bank and in hand | 54/58 | €22,469 | €48,281 | +€25,812 | +115% |
| Deferred charges and accrued income | 490/1 | - | €1,943 | +€1,943 | |
| Total equity and liabilities | 10/49 | €213,540 | €241,451 | +€27,911 | +13.1% |
| Equity | 10/15 | €53,788 | €59,092 | +€5,304 | +9.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,788 | €39,092 | +€5,304 | +15.7% |
| Amounts payable | 17/49 | €159,752 | €182,359 | +€22,607 | +14.2% |
| Amounts payable after more than one year | 17 | €22,852 | €11,966 | -€10,886 | -47.6% |
| Financial debts | 170/4 | €22,852 | €11,966 | -€10,886 | -47.6% |
| Amounts payable within one year | 42/48 | €136,900 | €170,393 | +€33,493 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €13,548 | €12,422 | -€1,126 | -8.3% |
| Trade debts | 44 | €54,510 | €84,324 | +€29,814 | +54.7% |
| Suppliers | 440/4 | €54,510 | €84,324 | +€29,814 | +54.7% |
| Taxes, remuneration and social security | 45 | €47,385 | €63,647 | +€16,262 | +34.3% |
| Taxes | 450/3 | €46,385 | €58,191 | +€11,806 | +25.5% |
| Remuneration and social security | 454/9 | €1,000 | €5,456 | +€4,456 | +446% |
| Other amounts payable | 47/48 | €21,457 | €10,000 | -€11,457 | -53.4% |
| Remuneration, social security and pensions | 62 | - | €41,296 | +€41,296 | |
| Other operating charges | 640/8 | €6,404 | €923 | -€5,481 | -85.6% |
| Gross operating margin | 9900 | €34,154 | €53,026 | +€18,872 | +55.3% |
| Operating profit (loss) | 9901 | €27,749 | €10,806 | -€16,943 | -61.1% |
| Financial income | 75/76B | €33 | €41 | +€8 | +24.4% |
| Recurring financial income | 75 | €33 | €41 | +€8 | +24.4% |
| Financial charges | 65/66B | €3,452 | €2,602 | -€849 | -24.6% |
| Recurring financial charges | 65 | €3,452 | €2,602 | -€849 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €24,331 | €8,245 | -€16,086 | -66.1% |
| Income taxes | 67/77 | €5,487 | €2,941 | -€2,546 | -46.4% |
| Profit (loss) for the period | 9904 | €18,844 | €5,304 | -€13,540 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,844 | €5,304 | -€13,540 | -71.9% |
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 28 October 2026 via checked.be.