Tucan & Llamas: 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.
Tucan & Llamas
Largest movements
- Cash -€63,095
down €63,095 (-69.1%), from €91,353 to €28,258
mainly Contributions, distributions and other (-€67,410) and Receivables after one year (-€23,297)
- Receivables after one year +€23,297
up €23,297 (+119%), from €19,550 to €42,847
- Tangible fixed assets +€7,104
up €7,104 (+114%), from €6,240 to €13,344
of which Furniture and vehicles: +€8,061
- Deferred charges and accrued income -€1,628
down €1,628 (-100%), from €1,628 to €0
- Reserves -€35,263
down €35,263 (-97.6%), from €36,114 to €850
- Other debts -€22,702
down €22,702 (-28.4%), from €80,000 to €57,298
- Tax, wage and social debts +€12,254
up €12,254 (+513%), from €2,389 to €14,643
- Debts after one year +€9,236
new in 2025: €9,236
- Gross operating margin +€7,697
up €7,697 (+18.9%), from €40,708 to €48,405
- Depreciation +€4,302
up €4,302 (+449%), from €958 to €5,259
- Staff costs -€1,734
down €1,734 (-93.7%), from €1,850 to €116
- Taxes +€1,165
up €1,165 (+15.1%), from €7,720 to €8,886
- Financial charges +€629
up €629 (+88.9%), from €708 to €1,336
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 | €121,003 | €85,794 | -€35,209 | -29.1% |
| Fixed assets | 21/28 | €6,240 | €13,344 | +€7,104 | +114% |
| Tangible fixed assets | 22/27 | €6,240 | €13,344 | +€7,104 | +114% |
| Land and buildings | 22 | €6,240 | €5,283 | -€958 | -15.3% |
| Furniture and vehicles | 24 | - | €8,061 | +€8,061 | |
| Current assets | 29/58 | €114,763 | €72,450 | -€42,313 | -36.9% |
| Amounts receivable after more than one year | 29 | €19,550 | €42,847 | +€23,297 | +119% |
| Other amounts receivable | 291 | €19,550 | €42,847 | +€23,297 | +119% |
| Amounts receivable within one year | 40/41 | €2,232 | €1,346 | -€886 | -39.7% |
| Trade receivables | 40 | - | €1,171 | +€1,171 | |
| Other amounts receivable | 41 | €2,232 | €174 | -€2,057 | -92.2% |
| Cash at bank and in hand | 54/58 | €91,353 | €28,258 | -€63,095 | -69.1% |
| Deferred charges and accrued income | 490/1 | €1,628 | €0 | -€1,628 | -100% |
| Total equity and liabilities | 10/49 | €121,003 | €85,794 | -€35,209 | -29.1% |
| Equity | 10/15 | €38,614 | €3,350 | -€35,263 | -91.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €36,114 | €850 | -€35,263 | -97.6% |
| Distributable reserves | 133 | €36,114 | €850 | -€35,263 | -97.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €82,389 | €82,444 | +€55 | +0.1% |
| Amounts payable after more than one year | 17 | - | €9,236 | +€9,236 | |
| Financial debts | 170/4 | - | €9,236 | +€9,236 | |
| Amounts payable within one year | 42/48 | €82,389 | €73,208 | -€9,181 | -11.1% |
| Financial debts | 43 | - | €954 | +€954 | |
| Credit institutions | 430/8 | - | €954 | +€954 | |
| Trade debts | 44 | - | €312 | +€312 | |
| Suppliers | 440/4 | - | €312 | +€312 | |
| Taxes, remuneration and social security | 45 | €2,389 | €14,643 | +€12,254 | +513% |
| Taxes | 450/3 | €2,389 | €14,643 | +€12,254 | +513% |
| Other amounts payable | 47/48 | €80,000 | €57,298 | -€22,702 | -28.4% |
| Remuneration, social security and pensions | 62 | €1,850 | €116 | -€1,734 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €958 | €5,259 | +€4,302 | +449% |
| Other operating charges | 640/8 | €538 | €662 | +€123 | +22.9% |
| Gross operating margin | 9900 | €40,708 | €48,405 | +€7,697 | +18.9% |
| Operating profit (loss) | 9901 | €37,362 | €42,369 | +€5,006 | +13.4% |
| Financial income | 75/76B | €307 | €0 | -€307 | -100% |
| Recurring financial income | 75 | €307 | €0 | -€307 | -100% |
| Financial charges | 65/66B | €708 | €1,336 | +€629 | +88.9% |
| Recurring financial charges | 65 | €708 | €1,336 | +€629 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | €36,962 | €41,032 | +€4,070 | +11.0% |
| Income taxes | 67/77 | €7,720 | €8,886 | +€1,165 | +15.1% |
| Profit (loss) for the period | 9904 | €29,241 | €32,147 | +€2,905 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,241 | €32,147 | +€2,905 | +9.9% |
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 31 October 2026 via checked.be.