TDAMBERD: 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.
TDAMBERD
Largest movements
- Tangible fixed assets +€246,289
up €246,289 (+86.4%), from €284,943 to €531,232
of which Land and buildings: +€215,986
- Cash -€90,651
down €90,651 (-59.5%), from €152,326 to €61,675
mainly Investment in fixed assets (net) (-€297,370) and Other debts (-€16,942)
- Debts after one year +€126,305
up €126,305 (+70.3%), from €179,707 to €306,013
- Reserves +€27,697
up €27,697 (+28.1%), from €98,453 to €126,150
of which Distributable reserves: +€27,697
- Trade debts +€22,482
up €22,482 (+403%), from €5,578 to €28,060
- Other debts -€16,942
down €16,942 (-31.1%), from €54,457 to €37,515
- Other operating charges +€28,623
up €28,623 (+368%), from €7,783 to €36,406
- Depreciation +€7,899
up €7,899 (+18.3%), from €43,182 to €51,081
- Staff costs +€4,912
up €4,912 (+38.1%), from €12,893 to €17,805
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €440,607 | €599,858 | +€159,251 | +36.1% |
| Fixed assets | 21/28 | €284,943 | €531,232 | +€246,289 | +86.4% |
| Tangible fixed assets | 22/27 | €284,943 | €531,232 | +€246,289 | +86.4% |
| Land and buildings | 22 | €250,686 | €466,673 | +€215,986 | +86.2% |
| Plant, machinery and equipment | 23 | €4,207 | €24,437 | +€20,230 | +481% |
| Furniture and vehicles | 24 | €30,050 | €40,122 | +€10,072 | +33.5% |
| Current assets | 29/58 | €155,664 | €68,627 | -€87,037 | -55.9% |
| Amounts receivable within one year | 40/41 | €3,338 | €6,560 | +€3,222 | +96.5% |
| Trade receivables | 40 | €3,333 | €6,560 | +€3,226 | +96.8% |
| Other amounts receivable | 41 | €4 | €0 | -€4 | -100% |
| Cash at bank and in hand | 54/58 | €152,326 | €61,675 | -€90,651 | -59.5% |
| Deferred charges and accrued income | 490/1 | €0 | €392 | +€392 | |
| Total equity and liabilities | 10/49 | €440,607 | €599,858 | +€159,251 | +36.1% |
| Equity | 10/15 | €117,053 | €144,750 | +€27,697 | +23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,453 | €126,150 | +€27,697 | +28.1% |
| Tax-exempt reserves | 132 | €51,179 | €51,179 | = | 0.0% |
| Distributable reserves | 133 | €47,274 | €74,971 | +€27,697 | +58.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €10,810 | €10,810 | = | 0.0% |
| Deferred taxes | 168 | €10,810 | €10,810 | = | 0.0% |
| Amounts payable | 17/49 | €312,744 | €444,299 | +€131,554 | +42.1% |
| Amounts payable after more than one year | 17 | €179,707 | €306,013 | +€126,305 | +70.3% |
| Financial debts | 170/4 | €179,707 | €306,013 | +€126,305 | +70.3% |
| Amounts payable within one year | 42/48 | €130,935 | €135,741 | +€4,805 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €54,375 | €56,996 | +€2,621 | +4.8% |
| Trade debts | 44 | €5,578 | €28,060 | +€22,482 | +403% |
| Suppliers | 440/4 | €5,578 | €28,060 | +€22,482 | +403% |
| Taxes, remuneration and social security | 45 | €16,525 | €13,169 | -€3,356 | -20.3% |
| Taxes | 450/3 | €15,657 | €10,745 | -€4,911 | -31.4% |
| Remuneration and social security | 454/9 | €868 | €2,424 | +€1,556 | +179% |
| Other amounts payable | 47/48 | €54,457 | €37,515 | -€16,942 | -31.1% |
| Accrued charges and deferred income | 492/3 | €2,101 | €2,545 | +€444 | +21.1% |
| Remuneration, social security and pensions | 62 | €12,893 | €17,805 | +€4,912 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,182 | €51,081 | +€7,899 | +18.3% |
| Other operating charges | 640/8 | €7,783 | €36,406 | +€28,623 | +368% |
| Gross operating margin | 9900 | €162,146 | €161,402 | -€744 | -0.5% |
| Operating profit (loss) | 9901 | €98,287 | €56,110 | -€42,178 | -42.9% |
| Financial income | 75/76B | €12 | €130 | +€119 | +1,017% |
| Recurring financial income | 75 | €12 | €130 | +€119 | +1,017% |
| Financial charges | 65/66B | €15,352 | €15,436 | +€83 | +0.5% |
| Recurring financial charges | 65 | €15,352 | €15,436 | +€83 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €82,947 | €40,804 | -€42,142 | -50.8% |
| Transfer to deferred taxes | 680 | €10,810 | €0 | -€10,810 | -100% |
| Income taxes | 67/77 | €13,963 | €13,107 | -€855 | -6.1% |
| Profit (loss) for the period | 9904 | €58,174 | €27,697 | -€30,477 | -52.4% |
| Transfer to tax-exempt reserves | 689 | €32,429 | €0 | -€32,429 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €25,745 | €27,697 | +€1,952 | +7.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.