Authentic Talent: what changed
Two fiscal 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.
Authentic Talent
Largest movements
- Cash +€50,758
up €50,758 (+53.6%), from €94,727 to €145,485
mainly Net result for the year (+€116,160) and Current investments (+€50,000)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tax, wage and social debts -€2,533
down €2,533 (-12.7%), from €19,957 to €17,424
- Gross operating margin +€18,730
up €18,730 (+13.5%), from €139,219 to €157,949
- Financial income -€18,003
down €18,003 (-98.5%), from €18,278 to €276
of which Non-recurring financial income: -€18,277
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 | €155,852 | €154,905 | -€947 | -0.6% |
| Fixed assets | 21/28 | €4,146 | €3,403 | -€743 | -17.9% |
| Tangible fixed assets | 22/27 | €4,146 | €3,403 | -€743 | -17.9% |
| Plant, machinery and equipment | 23 | €1,460 | €689 | -€771 | -52.8% |
| Furniture and vehicles | 24 | €2,685 | €2,714 | +€28 | +1.1% |
| Current assets | 29/58 | €151,707 | €151,502 | -€205 | -0.1% |
| Amounts receivable within one year | 40/41 | €5,744 | €4,382 | -€1,362 | -23.7% |
| Trade receivables | 40 | €5,744 | €2,278 | -€3,466 | -60.3% |
| Other amounts receivable | 41 | - | €2,104 | +€2,104 | |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €94,727 | €145,485 | +€50,758 | +53.6% |
| Deferred charges and accrued income | 490/1 | €1,236 | €1,635 | +€399 | +32.3% |
| Total equity and liabilities | 10/49 | €155,852 | €154,905 | -€947 | -0.6% |
| Equity | 10/15 | €36,066 | €36,066 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,066 | €16,066 | = | 0.0% |
| Distributable reserves | 133 | €16,066 | €16,066 | = | 0.0% |
| Amounts payable | 17/49 | €119,786 | €118,838 | -€947 | -0.8% |
| Amounts payable within one year | 42/48 | €119,786 | €118,588 | -€1,197 | -1.0% |
| Financial debts | 43 | - | €203 | +€203 | |
| Credit institutions | 430/8 | - | €203 | +€203 | |
| Trade debts | 44 | €1,601 | €1,905 | +€304 | +19.0% |
| Suppliers | 440/4 | €1,601 | €1,905 | +€304 | +19.0% |
| Taxes, remuneration and social security | 45 | €19,957 | €17,424 | -€2,533 | -12.7% |
| Taxes | 450/3 | €19,957 | €17,424 | -€2,533 | -12.7% |
| Other amounts payable | 47/48 | €98,228 | €99,057 | +€829 | +0.8% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,281 | €2,107 | -€174 | -7.6% |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Gross operating margin | 9900 | €139,219 | €157,949 | +€18,730 | +13.5% |
| Operating profit (loss) | 9901 | €136,790 | €155,692 | +€18,902 | +13.8% |
| Financial income | 75/76B | €18,278 | €276 | -€18,003 | -98.5% |
| Recurring financial income | 75 | €2 | €276 | +€274 | +17030.4% |
| Non-recurring financial income | 76B | €18,277 | - | -€18,277 | |
| Financial charges | 65/66B | €192 | €226 | +€34 | +17.7% |
| Recurring financial charges | 65 | €192 | €226 | +€34 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €154,876 | €155,742 | +€865 | +0.6% |
| Income taxes | 67/77 | €39,314 | €39,582 | +€268 | +0.7% |
| Profit (loss) for the period | 9904 | €115,563 | €116,160 | +€597 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €115,563 | €116,160 | +€597 | +0.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.