TAWNY: 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.
TAWNY
Largest movements
- Receivables within one year -€115,882
down €115,882 (-77.0%), from €150,497 to €34,615
of which Other amounts receivable: -€111,472
- Cash +€115,243
up €115,243 (+57.0%), from €202,102 to €317,345
mainly Net result for the year (+€405,222) and Receivables within one year (+€115,882)
- Tangible fixed assets -€41,180
down €41,180 (-9.2%), from €448,972 to €407,792
of which Land and buildings: -€56,216
- Other debts -€470,098
down €470,098 (-75.4%), from €623,617 to €153,519
- Reserves +€405,222
up €405,222 (+56.9%), from €711,598 to €1.1m
of which Distributable reserves: +€405,222
- Tax, wage and social debts +€22,519
up €22,519 (+163%), from €13,799 to €36,318
of which Taxes: +€22,293
- Financial income +€301,520
up €301,520 (+12,316%), from €2,448 to €303,969
- Taxes +€25,071
up €25,071 (+42.8%), from €58,523 to €83,594
- Depreciation +€4,832
up €4,832 (+8.3%), from €58,359 to €63,191
- Gross operating margin +€3,454
up €3,454 (+1.3%), from €264,333 to €267,788
- Financial charges +€3,116
up €3,116 (+44.2%), from €7,055 to €10,171
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 | €1,414,595 | €1,373,031 | -€41,564 | -2.9% |
| Fixed assets | 21/28 | €1,060,885 | €1,019,705 | -€41,180 | -3.9% |
| Tangible fixed assets | 22/27 | €448,972 | €407,792 | -€41,180 | -9.2% |
| Land and buildings | 22 | €448,972 | €392,756 | -€56,216 | -12.5% |
| Furniture and vehicles | 24 | - | €15,036 | +€15,036 | |
| Financial fixed assets | 28 | €611,913 | €611,913 | = | 0.0% |
| Current assets | 29/58 | €353,709 | €353,326 | -€384 | -0.1% |
| Amounts receivable within one year | 40/41 | €150,497 | €34,615 | -€115,882 | -77.0% |
| Trade receivables | 40 | €39,019 | €34,609 | -€4,410 | -11.3% |
| Other amounts receivable | 41 | €111,478 | €6 | -€111,472 | -100.0% |
| Cash at bank and in hand | 54/58 | €202,102 | €317,345 | +€115,243 | +57.0% |
| Deferred charges and accrued income | 490/1 | €1,110 | €1,366 | +€256 | +23.0% |
| Total equity and liabilities | 10/49 | €1,414,595 | €1,373,031 | -€41,564 | -2.9% |
| Equity | 10/15 | €773,098 | €1,178,320 | +€405,222 | +52.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €711,598 | €1,116,820 | +€405,222 | +56.9% |
| Non-distributable reserves | 130/1 | €79,686 | €79,686 | = | 0.0% |
| Legal reserve | 130 | €79,686 | €79,686 | = | 0.0% |
| Distributable reserves | 133 | €631,912 | €1,037,134 | +€405,222 | +64.1% |
| Amounts payable | 17/49 | €641,497 | €194,711 | -€446,786 | -69.6% |
| Amounts payable within one year | 42/48 | €641,471 | €194,685 | -€446,786 | -69.7% |
| Trade debts | 44 | €4,055 | €4,847 | +€793 | +19.5% |
| Suppliers | 440/4 | €4,055 | €4,847 | +€793 | +19.5% |
| Taxes, remuneration and social security | 45 | €13,799 | €36,318 | +€22,519 | +163% |
| Taxes | 450/3 | €13,799 | €36,092 | +€22,293 | +162% |
| Remuneration and social security | 454/9 | - | €226 | +€226 | |
| Other amounts payable | 47/48 | €623,617 | €153,519 | -€470,098 | -75.4% |
| Accrued charges and deferred income | 492/3 | €26 | €26 | +€0 | 0.0% |
| Remuneration, social security and pensions | 62 | - | €1,865 | +€1,865 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,359 | €63,191 | +€4,832 | +8.3% |
| Other operating charges | 640/8 | €4,952 | €7,713 | +€2,761 | +55.7% |
| Gross operating margin | 9900 | €264,333 | €267,788 | +€3,454 | +1.3% |
| Operating profit (loss) | 9901 | €201,022 | €195,018 | -€6,003 | -3.0% |
| Financial income | 75/76B | €2,448 | €303,969 | +€301,520 | +12,316% |
| Recurring financial income | 75 | €2,448 | €303,969 | +€301,520 | +12,316% |
| Financial charges | 65/66B | €7,055 | €10,171 | +€3,116 | +44.2% |
| Recurring financial charges | 65 | €7,055 | €10,171 | +€3,116 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €196,415 | €488,816 | +€292,402 | +149% |
| Income taxes | 67/77 | €58,523 | €83,594 | +€25,071 | +42.8% |
| Profit (loss) for the period | 9904 | €137,891 | €405,222 | +€267,331 | +194% |
| Profit (loss) for the period to be appropriated | 9905 | €137,891 | €405,222 | +€267,331 | +194% |
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 18 October 2026 via checked.be.