TAVYMA: 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.
TAVYMA
Largest movements
- Tangible fixed assets +€259,870
up €259,870 (+17.4%), from €1.5m to €1.8m
of which Land and buildings: +€310,616
- Receivables within one year +€144,475
up €144,475 (+139%), from €104,169 to €248,645
- Profit (loss) carried forward +€433,118
up €433,118 (+35.6%), from -€1.2m to -€782,623
- Other debts -€50,000
down €50,000 (-9.1%), from €550,000 to €500,000
- Other operating charges -€1.7m
down €1.7m (-95.8%), from €1.7m to €73,197
- Staff costs -€41,853
down €41,853 (-36.6%), from €114,412 to €72,559
- Gross operating margin -€36,148
down €36,148 (-5.4%), from €666,218 to €630,070
- Depreciation +€24,901
up €24,901 (+96.4%), from €25,844 to €50,746
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 | €1,909,922 | €2,296,697 | +€386,775 | +20.3% |
| Fixed assets | 21/28 | €1,495,111 | €1,754,981 | +€259,870 | +17.4% |
| Tangible fixed assets | 22/27 | €1,495,111 | €1,754,981 | +€259,870 | +17.4% |
| Land and buildings | 22 | €1,216,481 | €1,527,097 | +€310,616 | +25.5% |
| Plant, machinery and equipment | 23 | €278,630 | €227,884 | -€50,746 | -18.2% |
| Current assets | 29/58 | €414,811 | €541,716 | +€126,905 | +30.6% |
| Amounts receivable within one year | 40/41 | €104,169 | €248,645 | +€144,475 | +139% |
| Trade receivables | 40 | €104,169 | €248,645 | +€144,475 | +139% |
| Cash at bank and in hand | 54/58 | €300,384 | €293,071 | -€7,313 | -2.4% |
| Deferred charges and accrued income | 490/1 | €10,257 | €0 | -€10,257 | -100% |
| Total equity and liabilities | 10/49 | €1,909,922 | €2,296,697 | +€386,775 | +20.3% |
| Equity | 10/15 | €1,284,259 | €1,717,377 | +€433,118 | +33.7% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,215,741 | -€782,623 | +€433,118 | +35.6% |
| Amounts payable | 17/49 | €625,662 | €579,320 | -€46,343 | -7.4% |
| Amounts payable after more than one year | 17 | €24,000 | €26,500 | +€2,500 | +10.4% |
| Other amounts payable | 178/9 | €24,000 | €26,500 | +€2,500 | +10.4% |
| Amounts payable within one year | 42/48 | €601,662 | €552,820 | -€48,843 | -8.1% |
| Trade debts | 44 | €27,626 | €32,555 | +€4,929 | +17.8% |
| Suppliers | 440/4 | €27,626 | €32,555 | +€4,929 | +17.8% |
| Taxes, remuneration and social security | 45 | €24,036 | €20,265 | -€3,771 | -15.7% |
| Taxes | 450/3 | €13,782 | €12,681 | -€1,101 | -8.0% |
| Remuneration and social security | 454/9 | €10,254 | €7,583 | -€2,670 | -26.0% |
| Other amounts payable | 47/48 | €550,000 | €500,000 | -€50,000 | -9.1% |
| Remuneration, social security and pensions | 62 | €114,412 | €72,559 | -€41,853 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,844 | €50,746 | +€24,901 | +96.4% |
| Other operating charges | 640/8 | €1,739,508 | €73,197 | -€1.7m | -95.8% |
| Gross operating margin | 9900 | €666,218 | €630,070 | -€36,148 | -5.4% |
| Operating profit (loss) | 9901 | -€1,213,547 | €433,569 | +€1.6m | |
| Financial income | 75/76B | €100 | €0 | -€100 | -99.9% |
| Recurring financial income | 75 | €100 | €0 | -€100 | -99.9% |
| Financial charges | 65/66B | €2,294 | €451 | -€1,843 | -80.4% |
| Recurring financial charges | 65 | €2,294 | €451 | -€1,843 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,215,741 | €433,118 | +€1.6m | |
| Profit (loss) for the period | 9904 | -€1,215,741 | €433,118 | +€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,215,741 | €433,118 | +€1.6m |
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 24 October 2026 via checked.be.