TACHA: 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.
What changed
TACHA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,842
2024 · €7,535+€3,307
Equity
€7.5m
2024 · €7.5m+€10,842
Cash
€1.1m
2024 · €508,460+€620,534
Balance sheet total
€22.8m
2024 · €17.6m+€5.1m
Largest movements
Assets
- Financial fixed assets +€6.5m
up €6.5m (+43.2%), from €15.0m to €21.5m
- Current investments -€1.9m
no longer reported in 2025 (was €1.9m)
- Cash +€620,534
up €620,534 (+122%), from €508,460 to €1.1m
mainly Short-term financial debts (+€2.7m) and Debts after one year (+€2.1m)
Equity and liabilities
- Short-term financial debts +€2.7m
new in 2025: €2.7m
- Debts after one year +€2.1m
new in 2025: €2.1m
- Current portion of long-term debt +€352,857
new in 2025: €352,857
- Other debts -€266,039
down €266,039 (-2.8%), from €9.6m to €9.3m
Income statement
- Financial income -€20,472
down €20,472 (-44.7%), from €45,805 to €25,333
- Services and other goods -€14,909
down €14,909 (-3.6%), from €411,788 to €396,878
- Depreciation -€14,439
down €14,439 (-56.1%), from €25,751 to €11,312
- Taxes -€8,084
down €8,084 (-52.6%), from €15,356 to €7,272
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.
Result 2024
€7,535
Turnover
-€1,946
Services and other goods
+€14,909
Depreciation
+€14,439
Other operating charges
-€104
Other operating items
-€6,357
Financial income
-€20,472
Financial charges
-€5,247
Taxes
+€8,084
Result 2025
€10,842
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€14,069
Investment
-€4.6m
Financing
+€5.2m
Cash 2024
€508,460
From operations (derived)
-€14,069
Net result for the year
+€10,842
Depreciation
+€11,312
Receivables within one year
+€36,260
Smaller working-capital items
+€441
Other debts
-€266,039
Accrued charges and deferred income
+€193,115
Investment (derived)
-€4.6m
Investment in fixed assets (net)
-€6.5m
Current investments
+€1.9m
Financing
+€5.2m
Debts after one year
+€2.1m
Current portion of long-term debt
+€352,857
Short-term financial debts
+€2.7m
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,626,820 | €22,766,798 | +€5.1m | +29.2% |
| Formation expenses | 20 | €11,312 | €0 | -€11,312 | -100% |
| Fixed assets | 21/28 | €14,989,972 | €21,470,369 | +€6.5m | +43.2% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €14,989,972 | €21,470,369 | +€6.5m | +43.2% |
| Affiliated companies | 280/1 | €14,989,972 | €21,470,369 | +€6.5m | +43.2% |
| Participating interests | 280 | €14,989,972 | €21,470,369 | +€6.5m | +43.2% |
| Current assets | 29/58 | €2,625,536 | €1,296,429 | -€1.3m | -50.6% |
| Amounts receivable within one year | 40/41 | €199,793 | €163,533 | -€36,260 | -18.1% |
| Trade receivables | 40 | €162,461 | €154,165 | -€8,296 | -5.1% |
| Other amounts receivable | 41 | €37,332 | €9,368 | -€27,964 | -74.9% |
| Current investments | 50/53 | €1,900,000 | - | -€1.9m | |
| Other investments | 51/53 | €1,900,000 | - | -€1.9m | |
| Cash at bank and in hand | 54/58 | €508,460 | €1,128,994 | +€620,534 | +122% |
| Deferred charges and accrued income | 490/1 | €17,283 | €3,902 | -€13,381 | -77.4% |
| Total equity and liabilities | 10/49 | €17,626,820 | €22,766,798 | +€5.1m | +29.2% |
| Equity | 10/15 | €7,470,688 | €7,481,530 | +€10,842 | +0.1% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Capital | 10 | €240,000 | €240,000 | = | 0.0% |
| Issued capital | 100 | €240,000 | €240,000 | = | 0.0% |
| Reserves | 13 | €216,620 | €207,015 | -€9,605 | -4.4% |
| Non-distributable reserves | 130/1 | €124,000 | €124,000 | = | 0.0% |
| Legal reserve | 130 | €124,000 | €124,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €92,620 | €83,015 | -€9,605 | -10.4% |
| Profit (loss) carried forward | 14 | €7,014,068 | €7,034,515 | +€20,447 | +0.3% |
| Amounts payable | 17/49 | €10,156,132 | €15,285,268 | +€5.1m | +50.5% |
| Amounts payable after more than one year | 17 | - | €2,117,143 | +€2.1m | |
| Financial debts | 170/4 | - | €2,117,143 | +€2.1m | |
| Credit institutions | 173 | - | €2,117,143 | +€2.1m | |
| Amounts payable within one year | 42/48 | €9,667,686 | €12,486,564 | +€2.8m | +29.2% |
| Current portion of amounts payable after more than one year | 42 | - | €352,857 | +€352,857 | |
| Financial debts | 43 | - | €2,745,000 | +€2.7m | |
| Credit institutions | 430/8 | - | €2,745,000 | +€2.7m | |
| Trade debts | 44 | €58,032 | €45,092 | -€12,940 | -22.3% |
| Suppliers | 440/4 | €58,032 | €45,092 | -€12,940 | -22.3% |
| Other amounts payable | 47/48 | €9,609,654 | €9,343,615 | -€266,039 | -2.8% |
| Accrued charges and deferred income | 492/3 | €488,446 | €681,561 | +€193,115 | +39.5% |
| Operating income | 70/76A | €608,950 | €600,647 | -€8,303 | -1.4% |
| Turnover | 70 | €602,592 | €600,647 | -€1,946 | -0.3% |
| Non-recurring operating income | 76A | €6,357 | - | -€6,357 | |
| Operating charges | 60/66A | €438,655 | €409,411 | -€29,245 | -6.7% |
| Services and other goods | 61 | €411,788 | €396,878 | -€14,909 | -3.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,751 | €11,312 | -€14,439 | -56.1% |
| Other operating charges | 640/8 | €1,117 | €1,220 | +€104 | +9.3% |
| Operating profit (loss) | 9901 | €170,294 | €191,236 | +€20,942 | +12.3% |
| Financial income | 75/76B | €45,805 | €25,333 | -€20,472 | -44.7% |
| Recurring financial income | 75 | €45,805 | €25,333 | -€20,472 | -44.7% |
| Income from current assets | 751 | €43,550 | €25,333 | -€18,216 | -41.8% |
| Other financial income | 752/9 | €2,255 | - | -€2,255 | |
| Financial charges | 65/66B | €193,208 | €198,455 | +€5,247 | +2.7% |
| Recurring financial charges | 65 | €193,208 | €198,455 | +€5,247 | +2.7% |
| Debt charges | 650 | - | €6,254 | +€6,254 | |
| Other financial charges | 652/9 | €193,208 | €192,200 | -€1,008 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €22,891 | €18,115 | -€4,777 | -20.9% |
| Income taxes | 67/77 | €15,356 | €7,272 | -€8,084 | -52.6% |
| Taxes | 670/3 | €15,356 | €7,272 | -€8,084 | -52.6% |
| Profit (loss) for the period | 9904 | €7,535 | €10,842 | +€3,307 | +43.9% |
| Transfer from tax-exempt reserves | 789 | - | €9,605 | +€9,605 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,535 | €20,447 | +€12,912 | +171% |
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 25 October 2026 via checked.be.