DEVELOPING TALENTS: 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.
DEVELOPING TALENTS
Largest movements
- Tangible fixed assets -€16,742
down €16,742 (-22.3%), from €74,938 to €58,196
of which Land and buildings: -€16,652
- Cash +€6,125
up €6,125 (+15.6%), from €39,189 to €45,315
mainly Depreciation (+€18,654) and Other debts (+€8,953)
- Receivables within one year +€3,002
up €3,002 (+13.5%), from €22,179 to €25,181
of which Trade receivables: +€1,879
- Accrued charges and deferred income -€11,509
down €11,509 (-60.9%), from €18,912 to €7,404
- Other debts +€8,953
up €8,953 (+403%), from €2,223 to €11,176
- Tax, wage and social debts -€6,344
down €6,344 (-59.1%), from €10,741 to €4,397
- Reserves +€4,750
up €4,750 (+5.5%), from €86,700 to €91,450
- Trade debts -€2,202
down €2,202 (-36.3%), from €6,070 to €3,868
- Gross operating margin -€2,407
down €2,407 (-7.5%), from €32,275 to €29,868
- Taxes -€1,123
down €1,123 (-27.6%), from €4,076 to €2,953
- Depreciation +€486
up €486 (+2.7%), from €18,168 to €18,654
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 | €136,881 | €129,625 | -€7,257 | -5.3% |
| Fixed assets | 21/28 | €74,938 | €58,196 | -€16,742 | -22.3% |
| Tangible fixed assets | 22/27 | €74,938 | €58,196 | -€16,742 | -22.3% |
| Land and buildings | 22 | €71,211 | €54,559 | -€16,652 | -23.4% |
| Furniture and vehicles | 24 | €850 | €1,535 | +€685 | +80.5% |
| Other tangible fixed assets | 26 | €2,877 | €2,102 | -€774 | -26.9% |
| Current assets | 29/58 | €61,944 | €71,429 | +€9,485 | +15.3% |
| Amounts receivable within one year | 40/41 | €22,179 | €25,181 | +€3,002 | +13.5% |
| Trade receivables | 40 | €21,256 | €23,135 | +€1,879 | +8.8% |
| Other amounts receivable | 41 | €924 | €2,047 | +€1,123 | +122% |
| Cash at bank and in hand | 54/58 | €39,189 | €45,315 | +€6,125 | +15.6% |
| Deferred charges and accrued income | 490/1 | €575 | €932 | +€358 | +62.2% |
| Total equity and liabilities | 10/49 | €136,881 | €129,625 | -€7,257 | -5.3% |
| Equity | 10/15 | €93,146 | €97,801 | +€4,655 | +5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €86,700 | €91,450 | +€4,750 | +5.5% |
| Distributable reserves | 133 | €86,700 | €91,450 | +€4,750 | +5.5% |
| Profit (loss) carried forward | 14 | €246 | €151 | -€95 | -38.7% |
| Amounts payable | 17/49 | €43,735 | €31,824 | -€11,911 | -27.2% |
| Amounts payable after more than one year | 17 | €2,792 | €832 | -€1,960 | -70.2% |
| Financial debts | 170/4 | €2,792 | €832 | -€1,960 | -70.2% |
| Amounts payable within one year | 42/48 | €22,031 | €23,588 | +€1,557 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €1,908 | €1,960 | +€52 | +2.7% |
| Financial debts | 43 | €1,090 | €2,187 | +€1,097 | +101% |
| Credit institutions | 430/8 | €1,090 | €2,187 | +€1,097 | +101% |
| Trade debts | 44 | €6,070 | €3,868 | -€2,202 | -36.3% |
| Suppliers | 440/4 | €6,070 | €3,868 | -€2,202 | -36.3% |
| Taxes, remuneration and social security | 45 | €10,741 | €4,397 | -€6,344 | -59.1% |
| Taxes | 450/3 | €10,741 | €4,397 | -€6,344 | -59.1% |
| Other amounts payable | 47/48 | €2,223 | €11,176 | +€8,953 | +403% |
| Accrued charges and deferred income | 492/3 | €18,912 | €7,404 | -€11,509 | -60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,168 | €18,654 | +€486 | +2.7% |
| Other operating charges | 640/8 | €2,567 | €2,481 | -€86 | -3.3% |
| Gross operating margin | 9900 | €32,275 | €29,868 | -€2,407 | -7.5% |
| Operating profit (loss) | 9901 | €11,539 | €8,733 | -€2,806 | -24.3% |
| Financial income | 75/76B | €42 | €1 | -€41 | -97.4% |
| Recurring financial income | 75 | €42 | €1 | -€41 | -97.4% |
| Financial charges | 65/66B | €316 | €221 | -€95 | -30.1% |
| Recurring financial charges | 65 | €316 | €221 | -€95 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €11,266 | €8,513 | -€2,752 | -24.4% |
| Income taxes | 67/77 | €4,076 | €2,953 | -€1,123 | -27.6% |
| Profit (loss) for the period | 9904 | €7,189 | €5,560 | -€1,629 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,189 | €5,560 | -€1,629 | -22.7% |
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 22 October 2026 via checked.be.