Borderless 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.
Borderless Talent
Largest movements
- Cash +€239,945
up €239,945 (+892.0%), from €26,901 to €266,846
mainly Trade debts (+€116,661) and Receivables within one year (+€77,984)
- Receivables within one year -€77,984
down €77,984 (-23.1%), from €337,061 to €259,077
of which Other amounts receivable: -€127,543
- Tangible fixed assets -€24,459
down €24,459 (-3.4%), from €726,533 to €702,075
of which Land and buildings: -€25,633
- Deferred charges and accrued income +€18,898
up €18,898 (+312.4%), from €6,049 to €24,947
- Trade debts +€116,661
up €116,661 (+173.8%), from €67,120 to €183,781
- Tax, wage and social debts +€74,294
up €74,294 (+640.9%), from €11,593 to €85,887
of which Remuneration and social security: +€77,693
- Other debts -€24,000
down €24,000 (-7.2%), from €335,000 to €311,000
- Gross operating margin +€256,974
up €256,974 (+2174.7%), from €11,816 to €268,790
- Staff costs +€245,089
up €245,089 (+3085.2%), from €7,944 to €253,033
- Depreciation +€18,752
up €18,752 (+271.1%), from €6,917 to €25,669
- Provisions -€15,400
down €15,400, from €7,700 to -€7,700
- Financial charges -€9,752
down €9,752 (-93.1%), from €10,470 to €718
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 | €1,114,481 | €1,267,457 | +€152,976 | +13.7% |
| Fixed assets | 21/28 | €744,470 | €716,587 | -€27,883 | -3.7% |
| Tangible fixed assets | 22/27 | €726,533 | €702,075 | -€24,459 | -3.4% |
| Land and buildings | 22 | €726,533 | €700,901 | -€25,633 | -3.5% |
| Furniture and vehicles | 24 | - | €1,174 | +€1,174 | |
| Financial fixed assets | 28 | €17,937 | €14,513 | -€3,424 | -19.1% |
| Current assets | 29/58 | €370,011 | €550,870 | +€180,859 | +48.9% |
| Amounts receivable within one year | 40/41 | €337,061 | €259,077 | -€77,984 | -23.1% |
| Trade receivables | 40 | €172,665 | €222,224 | +€49,559 | +28.7% |
| Other amounts receivable | 41 | €164,396 | €36,853 | -€127,543 | -77.6% |
| Cash at bank and in hand | 54/58 | €26,901 | €266,846 | +€239,945 | +892.0% |
| Deferred charges and accrued income | 490/1 | €6,049 | €24,947 | +€18,898 | +312.4% |
| Total equity and liabilities | 10/49 | €1,114,481 | €1,267,457 | +€152,976 | +13.7% |
| Equity | 10/15 | €693,068 | €686,789 | -€6,279 | -0.9% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €363,068 | €356,789 | -€6,279 | -1.7% |
| Provisions and deferred taxes | 16 | €7,700 | - | -€7,700 | |
| Provisions for liabilities and charges | 160/5 | €7,700 | - | -€7,700 | |
| Other liabilities and charges | 164/5 | €7,700 | - | -€7,700 | |
| Amounts payable | 17/49 | €413,713 | €580,668 | +€166,955 | +40.4% |
| Amounts payable within one year | 42/48 | €413,713 | €580,668 | +€166,955 | +40.4% |
| Trade debts | 44 | €67,120 | €183,781 | +€116,661 | +173.8% |
| Suppliers | 440/4 | €67,120 | €183,781 | +€116,661 | +173.8% |
| Taxes, remuneration and social security | 45 | €11,593 | €85,887 | +€74,294 | +640.9% |
| Taxes | 450/3 | €11,593 | €8,194 | -€3,399 | -29.3% |
| Remuneration and social security | 454/9 | - | €77,693 | +€77,693 | |
| Other amounts payable | 47/48 | €335,000 | €311,000 | -€24,000 | -7.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €98,757 | €95,720 | -€3,037 | -3.1% |
| Remuneration, social security and pensions | 62 | €7,944 | €253,033 | +€245,089 | +3085.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,917 | €25,669 | +€18,752 | +271.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €7,700 | -€7,700 | -€15,400 | |
| Other operating charges | 640/8 | €7,567 | €3,349 | -€4,218 | -55.7% |
| Gross operating margin | 9900 | €11,816 | €268,790 | +€256,974 | +2174.7% |
| Operating profit (loss) | 9901 | -€18,312 | -€5,561 | +€12,751 | +69.6% |
| Financial charges | 65/66B | €10,470 | €718 | -€9,752 | -93.1% |
| Recurring financial charges | 65 | €10,470 | €718 | -€9,752 | -93.1% |
| Profit (loss) for the period before taxes | 9903 | -€28,782 | -€6,279 | +€22,503 | +78.2% |
| Profit (loss) for the period | 9904 | -€28,782 | -€6,279 | +€22,503 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,782 | -€6,279 | +€22,503 | +78.2% |
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 7 October 2026 via checked.be.