EL TAURO: 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.
EL TAURO
Largest movements
- Receivables within one year -€48,175
down €48,175 (-99.9%), from €48,238 to €63
of which Other amounts receivable: -€42,222
- Tangible fixed assets -€19,923
down €19,923 (-19.3%), from €103,140 to €83,217
- Cash -€6,392
no longer reported in 2024 (was €6,392)
- Reserves -€103,517
down €103,517 (-87.7%), from €117,982 to €14,465
of which Distributable reserves: -€103,517
- Profit (loss) carried forward +€49,804
no longer reported in 2024 (was -€49,804)
- Other debts -€17,021
down €17,021 (-84.3%), from €20,186 to €3,165
- Trade debts -€7,379
no longer reported in 2024 (was €7,379)
- Tax, wage and social debts +€3,572
up €3,572 (+13,116%), from €27 to €3,599
- Provisions +€39,000
no longer reported in 2024 (was -€39,000)
- Other operating charges +€10,405
up €10,405 (+35.6%), from €29,204 to €39,609
- Gross operating margin +€5,041
up €5,041 (+44.6%), from -€11,295 to -€6,254
- Financial charges -€522
down €522 (-70.1%), from €745 to €222
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,770 | €83,280 | -€74,490 | -47.2% |
| Fixed assets | 21/28 | €103,140 | €83,217 | -€19,923 | -19.3% |
| Tangible fixed assets | 22/27 | €103,140 | €83,217 | -€19,923 | -19.3% |
| Land and buildings | 22 | €103,140 | €83,217 | -€19,923 | -19.3% |
| Current assets | 29/58 | €54,630 | €63 | -€54,566 | -99.9% |
| Amounts receivable within one year | 40/41 | €48,238 | €63 | -€48,175 | -99.9% |
| Trade receivables | 40 | €5,953 | - | -€5,953 | |
| Other amounts receivable | 41 | €42,285 | €63 | -€42,222 | -99.9% |
| Cash at bank and in hand | 54/58 | €6,392 | - | -€6,392 | |
| Total equity and liabilities | 10/49 | €157,770 | €83,280 | -€74,490 | -47.2% |
| Equity | 10/15 | €130,178 | €76,465 | -€53,713 | -41.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €117,982 | €14,465 | -€103,517 | -87.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,028 | €7,028 | = | 0.0% |
| Distributable reserves | 133 | €104,755 | €1,237 | -€103,517 | -98.8% |
| Profit (loss) carried forward | 14 | -€49,804 | - | +€49,804 | |
| Amounts payable | 17/49 | €27,592 | €6,815 | -€20,777 | -75.3% |
| Amounts payable within one year | 42/48 | €27,592 | €6,815 | -€20,777 | -75.3% |
| Financial debts | 43 | - | €51 | +€51 | |
| Credit institutions | 430/8 | - | €51 | +€51 | |
| Trade debts | 44 | €7,379 | - | -€7,379 | |
| Suppliers | 440/4 | €7,379 | - | -€7,379 | |
| Taxes, remuneration and social security | 45 | €27 | €3,599 | +€3,572 | +13,116% |
| Taxes | 450/3 | €27 | €3,599 | +€3,572 | +13,116% |
| Other amounts payable | 47/48 | €20,186 | €3,165 | -€17,021 | -84.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,962 | €9,962 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€39,000 | - | +€39,000 | |
| Other operating charges | 640/8 | €29,204 | €39,609 | +€10,405 | +35.6% |
| Gross operating margin | 9900 | -€11,295 | -€6,254 | +€5,041 | +44.6% |
| Operating profit (loss) | 9901 | -€11,461 | -€55,825 | -€44,364 | -387% |
| Financial charges | 65/66B | €745 | €222 | -€522 | -70.1% |
| Recurring financial charges | 65 | €745 | €222 | -€522 | -70.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,206 | -€56,047 | -€43,841 | -359% |
| Profit (loss) for the period | 9904 | -€12,206 | -€56,047 | -€43,841 | -359% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,206 | -€56,047 | -€43,841 | -359% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.