TARA: 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.
TARA
Largest movements
- Cash +€30,923
up €30,923 (+18.0%), from €171,808 to €202,731
mainly Net result for the year (+€19,108) and Depreciation (+€10,522)
- Tangible fixed assets -€9,692
down €9,692 (-33.1%), from €29,302 to €19,609
of which Furniture and vehicles: -€7,765
- Receivables within one year -€2,818
down €2,818 (-33.6%), from €8,383 to €5,565
of which Trade receivables: -€2,539
- Profit (loss) carried forward +€19,108
up €19,108 (+17.0%), from €112,368 to €131,476
- Tax, wage and social debts +€6,394
up €6,394 (+19.7%), from €32,518 to €38,912
of which Taxes: +€10,493
- Debts after one year -€5,821
down €5,821 (-32.7%), from €17,791 to €11,970
- Gross operating margin -€9,575
down €9,575 (-4.2%), from €230,717 to €221,142
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 | €209,646 | €228,213 | +€18,567 | +8.9% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €29,302 | €19,609 | -€9,692 | -33.1% |
| Tangible fixed assets | 22/27 | €29,302 | €19,609 | -€9,692 | -33.1% |
| Plant, machinery and equipment | 23 | €5,968 | €4,041 | -€1,927 | -32.3% |
| Furniture and vehicles | 24 | €23,334 | €15,568 | -€7,765 | -33.3% |
| Current assets | 29/58 | €180,344 | €208,603 | +€28,259 | +15.7% |
| Amounts receivable within one year | 40/41 | €8,383 | €5,565 | -€2,818 | -33.6% |
| Trade receivables | 40 | €2,539 | - | -€2,539 | |
| Other amounts receivable | 41 | €5,845 | €5,565 | -€280 | -4.8% |
| Cash at bank and in hand | 54/58 | €171,808 | €202,731 | +€30,923 | +18.0% |
| Deferred charges and accrued income | 490/1 | €153 | €308 | +€155 | +101% |
| Total equity and liabilities | 10/49 | €209,646 | €228,213 | +€18,567 | +8.9% |
| Equity | 10/15 | €132,568 | €151,676 | +€19,108 | +14.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,368 | €131,476 | +€19,108 | +17.0% |
| Amounts payable | 17/49 | €77,078 | €76,537 | -€541 | -0.7% |
| Amounts payable after more than one year | 17 | €17,791 | €11,970 | -€5,821 | -32.7% |
| Financial debts | 170/4 | €17,791 | €11,970 | -€5,821 | -32.7% |
| Amounts payable within one year | 42/48 | €59,287 | €64,567 | +€5,280 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €5,084 | €5,682 | +€598 | +11.8% |
| Trade debts | 44 | €20,531 | €18,631 | -€1,900 | -9.3% |
| Suppliers | 440/4 | €20,531 | €18,631 | -€1,900 | -9.3% |
| Taxes, remuneration and social security | 45 | €32,518 | €38,912 | +€6,394 | +19.7% |
| Taxes | 450/3 | €9,985 | €20,479 | +€10,493 | +105% |
| Remuneration and social security | 454/9 | €22,533 | €18,434 | -€4,099 | -18.2% |
| Other amounts payable | 47/48 | €1,154 | €1,342 | +€189 | +16.3% |
| Remuneration, social security and pensions | 62 | €182,416 | €183,002 | +€586 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,158 | €10,522 | -€1,635 | -13.5% |
| Other operating charges | 640/8 | €1,183 | €498 | -€685 | -57.9% |
| Non-recurring operating charges | 66A | €5,364 | - | -€5,364 | |
| Gross operating margin | 9900 | €230,717 | €221,142 | -€9,575 | -4.2% |
| Operating profit (loss) | 9901 | €29,595 | €27,119 | -€2,476 | -8.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,645 | €2,564 | -€1,080 | -29.6% |
| Recurring financial charges | 65 | €3,645 | €2,564 | -€1,080 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €25,951 | €24,555 | -€1,396 | -5.4% |
| Income taxes | 67/77 | €5,300 | €5,447 | +€147 | +2.8% |
| Profit (loss) for the period | 9904 | €20,651 | €19,108 | -€1,543 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,651 | €19,108 | -€1,543 | -7.5% |
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 23 October 2026 via checked.be.