Tazi Consult: what changed
Tazi Consult
Largest movements
- Receivables within one year +€21,668
up €21,668 (+65.2%), from €33,221 to €54,889
of which Trade receivables: +€13,310
- Cash -€16,248
down €16,248 (-61.4%), from €26,452 to €10,205
mainly Receivables within one year (-€21,668) and Debts after one year (-€5,830)
- Tangible fixed assets -€11,957
down €11,957 (-23.2%), from €51,579 to €39,622
of which Furniture and vehicles: -€11,736
- Debts after one year -€5,830
down €5,830 (-25.3%), from €23,007 to €17,178
- Reserves -€3,968
down €3,968 (-6.0%), from €66,424 to €62,455
- Trade debts +€1,556
up €1,556 (+451%), from €345 to €1,901
- Tax, wage and social debts +€1,407
up €1,407 (+10.0%), from €14,040 to €15,447
- Depreciation +€6,733
up €6,733 (+129%), from €5,224 to €11,957
- Gross operating margin +€2,233
up €2,233 (+41.8%), from €5,344 to €7,577
- Financial income +€1,367
up €1,367 (+108%), from €1,268 to €2,635
- Taxes -€673
down €673 (-72.7%), from €926 to €252
- Financial charges +€521
up €521 (+76.1%), from €684 to €1,204
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,384 | €105,907 | -€6,478 | -5.8% |
| Fixed assets | 21/28 | €51,579 | €39,622 | -€11,957 | -23.2% |
| Tangible fixed assets | 22/27 | €51,579 | €39,622 | -€11,957 | -23.2% |
| Plant, machinery and equipment | 23 | €337 | €117 | -€220 | -65.4% |
| Furniture and vehicles | 24 | €51,242 | €39,506 | -€11,736 | -22.9% |
| Current assets | 29/58 | €60,805 | €66,284 | +€5,479 | +9.0% |
| Amounts receivable within one year | 40/41 | €33,221 | €54,889 | +€21,668 | +65.2% |
| Trade receivables | 40 | €11,374 | €24,684 | +€13,310 | +117% |
| Other amounts receivable | 41 | €21,847 | €30,205 | +€8,358 | +38.3% |
| Cash at bank and in hand | 54/58 | €26,452 | €10,205 | -€16,248 | -61.4% |
| Deferred charges and accrued income | 490/1 | €1,132 | €1,191 | +€59 | +5.2% |
| Total equity and liabilities | 10/49 | €112,384 | €105,907 | -€6,478 | -5.8% |
| Equity | 10/15 | €66,924 | €62,955 | -€3,968 | -5.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €66,424 | €62,455 | -€3,968 | -6.0% |
| Distributable reserves | 133 | €66,424 | €62,455 | -€3,968 | -6.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €2,000 | €2,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,000 | €2,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €43,461 | €40,951 | -€2,509 | -5.8% |
| Amounts payable after more than one year | 17 | €23,007 | €17,178 | -€5,830 | -25.3% |
| Financial debts | 170/4 | €23,007 | €17,178 | -€5,830 | -25.3% |
| Amounts payable within one year | 42/48 | €20,453 | €23,774 | +€3,320 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €5,620 | €5,830 | +€210 | +3.7% |
| Financial debts | 43 | €449 | €596 | +€148 | +32.9% |
| Credit institutions | 430/8 | €449 | €596 | +€148 | +32.9% |
| Trade debts | 44 | €345 | €1,901 | +€1,556 | +451% |
| Suppliers | 440/4 | €345 | €1,901 | +€1,556 | +451% |
| Taxes, remuneration and social security | 45 | €14,040 | €15,447 | +€1,407 | +10.0% |
| Taxes | 450/3 | €14,040 | €15,447 | +€1,407 | +10.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €4,159 | €0 | -€4,159 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,224 | €11,957 | +€6,733 | +129% |
| Other operating charges | 640/8 | €1,134 | €766 | -€368 | -32.4% |
| Gross operating margin | 9900 | €5,344 | €7,577 | +€2,233 | +41.8% |
| Operating profit (loss) | 9901 | -€1,013 | -€5,146 | -€4,133 | -408% |
| Financial income | 75/76B | €1,268 | €2,635 | +€1,367 | +108% |
| Recurring financial income | 75 | €1,268 | €2,635 | +€1,367 | +108% |
| Financial charges | 65/66B | €684 | €1,204 | +€521 | +76.1% |
| Recurring financial charges | 65 | €684 | €1,204 | +€521 | +76.1% |
| Profit (loss) for the period before taxes | 9903 | -€429 | -€3,716 | -€3,287 | -766% |
| Income taxes | 67/77 | €926 | €252 | -€673 | -72.7% |
| Profit (loss) for the period | 9904 | -€1,355 | -€3,968 | -€2,614 | -193% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,355 | -€3,968 | -€2,614 | -193% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.