IGNACE TAELMAN: what changed
What changed
IGNACE TAELMAN
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
-€56,340
2024 · €56,447-€112,788
Equity
€4.5m
2024 · €4.5m-€56,340
Cash
€71,278
2024 · €36,908+€34,370
Balance sheet total
€6.1m
2024 · €6.2m-€64,141
Largest movements
Assets
- Stocks and contracts +€230,875
up €230,875 (+35.1%), from €657,283 to €888,159
- Tangible fixed assets -€159,641
down €159,641 (-30.0%), from €531,507 to €371,865
of which Furniture and vehicles: -€139,909
- Receivables within one year -€100,498
down €100,498 (-2.3%), from €4.4m to €4.3m
of which Trade receivables: -€68,288
- Receivables after one year -€69,247
down €69,247 (-13.8%), from €500,000 to €430,753
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial charges +€65,874
up €65,874 (+2,360%), from €2,791 to €68,664
- Taxes +€45,686
up €45,686 (+142%), from €32,087 to €77,773
- Gross operating margin -€28,152
down €28,152 (-22.1%), from €127,626 to €99,474
- Financial income +€21,662
up €21,662 (+69.9%), from €30,975 to €52,637
of which Financial income: +€22,971
- Other operating charges -€6,288
down €6,288 (-51.2%), from €12,278 to €5,990
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€56,447
Gross operating margin
-€28,152
Depreciation
-€1,027
Other operating charges
+€6,288
Financial income
+€21,662
Financial charges
-€65,874
Taxes
-€45,686
Result 2025
-€56,340
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€52,690
Investment
+€103,616
Financing
-€16,556
Cash 2024
€36,908
From operations (derived)
-€52,690
Net result for the year
-€56,340
Depreciation
+€56,025
Receivables after one year
+€69,247
Stocks and contracts
-€230,875
Receivables within one year
+€100,498
Trade debts
+€16,492
Tax, wage and social debts
+€15,708
Other debts
-€23,444
Investment (derived)
+€103,616
Investment in fixed assets (net)
+€103,616
Financing
-€16,556
Debts after one year
-€15,726
Current portion of long-term debt
-€830
Cash 2025
€71,278
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,161,101 | €6,096,960 | -€64,141 | -1.0% |
| Fixed assets | 21/28 | €538,432 | €378,790 | -€159,641 | -29.6% |
| Tangible fixed assets | 22/27 | €531,507 | €371,865 | -€159,641 | -30.0% |
| Land and buildings | 22 | €326,218 | €297,271 | -€28,946 | -8.9% |
| Plant, machinery and equipment | 23 | €2,667 | €11,882 | +€9,214 | +345% |
| Furniture and vehicles | 24 | €202,622 | €62,712 | -€139,909 | -69.0% |
| Financial fixed assets | 28 | €6,925 | €6,925 | = | 0.0% |
| Current assets | 29/58 | €5,622,670 | €5,718,170 | +€95,500 | +1.7% |
| Amounts receivable after more than one year | 29 | €500,000 | €430,753 | -€69,247 | -13.8% |
| Other amounts receivable | 291 | €500,000 | €430,753 | -€69,247 | -13.8% |
| Stocks and contracts in progress | 3 | €657,283 | €888,159 | +€230,875 | +35.1% |
| Stocks | 30/36 | €657,283 | €888,159 | +€230,875 | +35.1% |
| Amounts receivable within one year | 40/41 | €4,428,478 | €4,327,980 | -€100,498 | -2.3% |
| Trade receivables | 40 | €234,818 | €166,530 | -€68,288 | -29.1% |
| Other amounts receivable | 41 | €4,193,659 | €4,161,450 | -€32,210 | -0.8% |
| Cash at bank and in hand | 54/58 | €36,908 | €71,278 | +€34,370 | +93.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €6,161,101 | €6,096,960 | -€64,141 | -1.0% |
| Equity | 10/15 | €4,542,164 | €4,485,824 | -€56,340 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,523,564 | €4,467,224 | -€56,340 | -1.2% |
| Tax-exempt reserves | 132 | €353,250 | €353,250 | = | 0.0% |
| Distributable reserves | 133 | €4,170,314 | €4,113,974 | -€56,340 | -1.4% |
| Amounts payable | 17/49 | €1,618,937 | €1,611,136 | -€7,800 | -0.5% |
| Amounts payable after more than one year | 17 | €20,109 | €4,383 | -€15,726 | -78.2% |
| Financial debts | 170/4 | €20,109 | €4,383 | -€15,726 | -78.2% |
| Amounts payable within one year | 42/48 | €1,598,828 | €1,606,754 | +€7,926 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €16,556 | €15,726 | -€830 | -5.0% |
| Trade debts | 44 | €57,547 | €74,039 | +€16,492 | +28.7% |
| Suppliers | 440/4 | €57,547 | €74,039 | +€16,492 | +28.7% |
| Advances received on contracts in progress | 46 | €77,334 | €77,334 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €52,524 | €68,232 | +€15,708 | +29.9% |
| Taxes | 450/3 | €52,524 | €68,232 | +€15,708 | +29.9% |
| Other amounts payable | 47/48 | €1,394,867 | €1,371,423 | -€23,444 | -1.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,998 | €56,025 | +€1,027 | +1.9% |
| Other operating charges | 640/8 | €12,278 | €5,990 | -€6,288 | -51.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €127,626 | €99,474 | -€28,152 | -22.1% |
| Operating profit (loss) | 9901 | €60,350 | €37,459 | -€22,891 | -37.9% |
| Financial income | 75/76B | €30,975 | €52,637 | +€21,662 | +69.9% |
| Recurring financial income | 75 | €29,666 | €52,637 | +€22,971 | +77.4% |
| Non-recurring financial income | 76B | €1,309 | €0 | -€1,309 | -100% |
| Financial charges | 65/66B | €2,791 | €68,664 | +€65,874 | +2,360% |
| Recurring financial charges | 65 | €2,791 | €68,664 | +€65,874 | +2,360% |
| Profit (loss) for the period before taxes | 9903 | €88,534 | €21,432 | -€67,102 | -75.8% |
| Income taxes | 67/77 | €32,087 | €77,773 | +€45,686 | +142% |
| Profit (loss) for the period | 9904 | €56,447 | -€56,340 | -€112,788 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €56,447 | -€56,340 | -€112,788 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.