TAZZA: 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.
TAZZA
Largest movements
- Cash -€28,848
down €28,848 (-25.1%), from €115,078 to €86,230
mainly Trade debts (-€14,102) and Net result for the year (-€9,426)
- Tangible fixed assets -€12,207
down €12,207 (-33.3%), from €36,695 to €24,488
of which Furniture and vehicles: -€8,646
- Receivables within one year +€4,660
up €4,660 (+43.5%), from €10,706 to €15,366
of which Trade receivables: +€12,420
- Trade debts -€14,102
down €14,102 (-53.9%), from €26,149 to €12,047
- Reserves -€9,476
down €9,476 (-12.6%), from €75,236 to €65,760
of which Tax-exempt reserves: -€13,376
- Debts after one year -€7,809
down €7,809 (-82.9%), from €9,415 to €1,606
- Provisions -€3,343
no longer reported in 2025 (was €3,343)
- Gross operating margin -€40,417
down €40,417 (-62.6%), from €64,514 to €24,097
- Staff costs -€12,136
down €12,136 (-50.4%), from €24,076 to €11,940
- Taxes -€8,539
down €8,539 (-74.5%), from €11,459 to €2,920
- Depreciation -€4,910
down €4,910 (-20.5%), from €23,899 to €18,989
- Financial charges +€725
up €725 (+86.4%), from €839 to €1,564
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.
Cash bridge derived
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 | €164,978 | €128,494 | -€36,484 | -22.1% |
| Fixed assets | 21/28 | €37,345 | €25,138 | -€12,207 | -32.7% |
| Tangible fixed assets | 22/27 | €36,695 | €24,488 | -€12,207 | -33.3% |
| Plant, machinery and equipment | 23 | €7,598 | €4,037 | -€3,561 | -46.9% |
| Furniture and vehicles | 24 | €29,097 | €20,451 | -€8,646 | -29.7% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €127,633 | €103,356 | -€24,277 | -19.0% |
| Amounts receivable within one year | 40/41 | €10,706 | €15,366 | +€4,660 | +43.5% |
| Trade receivables | 40 | - | €12,420 | +€12,420 | |
| Other amounts receivable | 41 | €10,706 | €2,946 | -€7,760 | -72.5% |
| Cash at bank and in hand | 54/58 | €115,078 | €86,230 | -€28,848 | -25.1% |
| Deferred charges and accrued income | 490/1 | €1,849 | €1,760 | -€89 | -4.8% |
| Total equity and liabilities | 10/49 | €164,978 | €128,494 | -€36,484 | -22.1% |
| Equity | 10/15 | €98,179 | €88,753 | -€9,426 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €75,236 | €65,760 | -€9,476 | -12.6% |
| Tax-exempt reserves | 132 | €13,376 | - | -€13,376 | |
| Distributable reserves | 133 | €61,860 | €65,760 | +€3,900 | +6.3% |
| Profit (loss) carried forward | 14 | €4,343 | €4,393 | +€50 | +1.2% |
| Provisions and deferred taxes | 16 | €3,343 | - | -€3,343 | |
| Deferred taxes | 168 | €3,343 | - | -€3,343 | |
| Amounts payable | 17/49 | €63,456 | €39,741 | -€23,715 | -37.4% |
| Amounts payable after more than one year | 17 | €9,415 | €1,606 | -€7,809 | -82.9% |
| Financial debts | 170/4 | €9,415 | €1,606 | -€7,809 | -82.9% |
| Amounts payable within one year | 42/48 | €54,041 | €38,135 | -€15,906 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €13,762 | €12,556 | -€1,206 | -8.8% |
| Trade debts | 44 | €26,149 | €12,047 | -€14,102 | -53.9% |
| Suppliers | 440/4 | €26,149 | €12,047 | -€14,102 | -53.9% |
| Advances received on contracts in progress | 46 | €970 | €970 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,614 | €8,592 | -€22 | -0.3% |
| Taxes | 450/3 | €8,593 | €8,592 | -€1 | 0.0% |
| Remuneration and social security | 454/9 | €21 | - | -€21 | |
| Other amounts payable | 47/48 | €4,546 | €3,970 | -€576 | -12.7% |
| Remuneration, social security and pensions | 62 | €24,076 | €11,940 | -€12,136 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,899 | €18,989 | -€4,910 | -20.5% |
| Other operating charges | 640/8 | €1,802 | €1,830 | +€28 | +1.6% |
| Gross operating margin | 9900 | €64,514 | €24,097 | -€40,417 | -62.6% |
| Operating profit (loss) | 9901 | €14,737 | -€8,662 | -€23,399 | |
| Financial income | 75/76B | €17 | €377 | +€360 | +2117.6% |
| Recurring financial income | 75 | €17 | €377 | +€360 | +2117.6% |
| Financial charges | 65/66B | €839 | €1,564 | +€725 | +86.4% |
| Recurring financial charges | 65 | €839 | €1,564 | +€725 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | €13,915 | -€9,849 | -€23,764 | |
| Transfer from deferred taxes | 780 | €3,344 | €3,343 | -€1 | 0.0% |
| Income taxes | 67/77 | €11,459 | €2,920 | -€8,539 | -74.5% |
| Profit (loss) for the period | 9904 | €5,800 | -€9,426 | -€15,226 | |
| Transfer from tax-exempt reserves | 789 | €13,371 | €13,376 | +€5 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,171 | €3,950 | -€15,221 | -79.4% |
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 12 October 2026 via checked.be.