TAWFIK: 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.
TAWFIK
Largest movements
- Stocks and contracts -€73,600
no longer reported in 2025 (was €73,600)
- Receivables within one year -€49,285
no longer reported in 2025 (was €49,285)
of which Trade receivables: -€34,000
- Cash -€5,209
no longer reported in 2025 (was €5,209)
- Contributions -€61,973
no longer reported in 2025 (was €61,973)
- Profit (loss) carried forward -€46,023
no longer reported in 2025 (was €46,023)
- Tax, wage and social debts -€10,852
no longer reported in 2025 (was €10,852)
- Reserves -€6,197
no longer reported in 2025 (was €6,197)
- Other debts -€1,966
no longer reported in 2025 (was €1,966)
No income-statement line moved by more than 1% of the activity.
From the 2023 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,094 | - | -€128,094 | |
| Current assets | 29/58 | €128,094 | - | -€128,094 | |
| Stocks and contracts in progress | 3 | €73,600 | - | -€73,600 | |
| Stocks | 30/36 | €73,600 | - | -€73,600 | |
| Amounts receivable within one year | 40/41 | €49,285 | - | -€49,285 | |
| Trade receivables | 40 | €34,000 | - | -€34,000 | |
| Other amounts receivable | 41 | €15,285 | - | -€15,285 | |
| Cash at bank and in hand | 54/58 | €5,209 | - | -€5,209 | |
| Total equity and liabilities | 10/49 | €128,094 | - | -€128,094 | |
| Equity | 10/15 | €114,193 | - | -€114,193 | |
| Contributions | 10/11 | €61,973 | - | -€61,973 | |
| Capital | 10 | €61,973 | - | -€61,973 | |
| Issued capital | 100 | €61,973 | €1 | -€61,972 | -100.0% |
| Uncalled capital | 101 | - | €1 | +€1 | |
| Reserves | 13 | €6,197 | - | -€6,197 | |
| Non-distributable reserves | 130/1 | €6,197 | - | -€6,197 | |
| Legal reserve | 130 | €6,197 | - | -€6,197 | |
| Profit (loss) carried forward | 14 | €46,023 | - | -€46,023 | |
| Amounts payable | 17/49 | €13,901 | - | -€13,901 | |
| Amounts payable within one year | 42/48 | €13,901 | - | -€13,901 | |
| Trade debts | 44 | €1,083 | - | -€1,083 | |
| Suppliers | 440/4 | €1,083 | - | -€1,083 | |
| Taxes, remuneration and social security | 45 | €10,852 | - | -€10,852 | |
| Taxes | 450/3 | €10,852 | - | -€10,852 | |
| Other amounts payable | 47/48 | €1,966 | - | -€1,966 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.