IMMO TALENCO: 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.
IMMO TALENCO
Largest movements
- Cash +€50,013
up €50,013 (+218%), from €22,896 to €72,909
mainly Net result for the year (+€37,463) and Tax, wage and social debts (+€33,142)
- Receivables within one year +€14,056
up €14,056 (+21.1%), from €66,668 to €80,724
of which Trade receivables: +€12,514
- Tangible fixed assets -€6,757
down €6,757 (-27.4%), from €24,617 to €17,860
of which Furniture and vehicles: -€5,428
- Deferred charges and accrued income +€3,055
up €3,055 (+113%), from €2,698 to €5,753
- Tax, wage and social debts +€33,142
up €33,142 (+1,298%), from €2,553 to €35,695
- Other debts +€21,004
up €21,004, from €0 to €21,004
- Reserves +€14,382
up €14,382 (+18.1%), from €79,589 to €93,972
of which Distributable reserves: +€14,382
- Trade debts -€8,328
down €8,328 (-99.0%), from €8,408 to €80
- Accrued charges and deferred income +€3,158
up €3,158 (+410%), from €771 to €3,930
- Gross operating margin +€53,433
up €53,433 (+417%), from €12,815 to €66,247
- Taxes +€16,129
up €16,129 (+2,907%), from €555 to €16,684
- Depreciation -€2,196
down €2,196 (-17.6%), from €12,453 to €10,257
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,879 | €177,246 | +€60,367 | +51.6% |
| Fixed assets | 21/28 | €24,617 | €17,860 | -€6,757 | -27.4% |
| Tangible fixed assets | 22/27 | €24,617 | €17,860 | -€6,757 | -27.4% |
| Land and buildings | 22 | €4,995 | €4,185 | -€810 | -16.2% |
| Plant, machinery and equipment | 23 | €4,536 | €4,017 | -€519 | -11.4% |
| Furniture and vehicles | 24 | €15,086 | €9,658 | -€5,428 | -36.0% |
| Current assets | 29/58 | €92,262 | €159,386 | +€67,124 | +72.8% |
| Amounts receivable within one year | 40/41 | €66,668 | €80,724 | +€14,056 | +21.1% |
| Trade receivables | 40 | €1,763 | €14,277 | +€12,514 | +710% |
| Other amounts receivable | 41 | €64,905 | €66,447 | +€1,542 | +2.4% |
| Cash at bank and in hand | 54/58 | €22,896 | €72,909 | +€50,013 | +218% |
| Deferred charges and accrued income | 490/1 | €2,698 | €5,753 | +€3,055 | +113% |
| Total equity and liabilities | 10/49 | €116,879 | €177,246 | +€60,367 | +51.6% |
| Equity | 10/15 | €97,513 | €113,972 | +€16,459 | +16.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €79,589 | €93,972 | +€14,382 | +18.1% |
| Non-distributable reserves | 130/1 | €590 | €590 | = | 0.0% |
| Reserves not available under the articles | 1311 | €590 | €590 | = | 0.0% |
| Distributable reserves | 133 | €78,999 | €93,381 | +€14,382 | +18.2% |
| Profit (loss) carried forward | 14 | -€2,076 | €0 | +€2,076 | |
| Amounts payable | 17/49 | €19,366 | €63,274 | +€43,908 | +227% |
| Amounts payable after more than one year | 17 | €2,565 | €0 | -€2,565 | -100% |
| Financial debts | 170/4 | €2,565 | €0 | -€2,565 | -100% |
| Amounts payable within one year | 42/48 | €16,030 | €59,345 | +€43,315 | +270% |
| Current portion of amounts payable after more than one year | 42 | €5,069 | €2,565 | -€2,504 | -49.4% |
| Trade debts | 44 | €8,408 | €80 | -€8,328 | -99.0% |
| Suppliers | 440/4 | €8,408 | €80 | -€8,328 | -99.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,553 | €35,695 | +€33,142 | +1,298% |
| Taxes | 450/3 | €2,553 | €35,695 | +€33,142 | +1,298% |
| Other amounts payable | 47/48 | €0 | €21,004 | +€21,004 | |
| Accrued charges and deferred income | 492/3 | €771 | €3,930 | +€3,158 | +410% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,453 | €10,257 | -€2,196 | -17.6% |
| Other operating charges | 640/8 | €610 | €822 | +€211 | +34.6% |
| Non-recurring operating charges | 66A | €458 | €0 | -€458 | -100% |
| Gross operating margin | 9900 | €12,815 | €66,247 | +€53,433 | +417% |
| Operating profit (loss) | 9901 | -€707 | €55,168 | +€55,875 | |
| Financial income | 75/76B | €593 | €0 | -€593 | -100% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100% |
| Non-recurring financial income | 76B | €585 | €0 | -€585 | -100% |
| Financial charges | 65/66B | €1,408 | €1,021 | -€387 | -27.5% |
| Recurring financial charges | 65 | €1,408 | €1,021 | -€387 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,522 | €54,147 | +€55,669 | |
| Income taxes | 67/77 | €555 | €16,684 | +€16,129 | +2,907% |
| Profit (loss) for the period | 9904 | -€2,076 | €37,463 | +€39,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,076 | €37,463 | +€39,540 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.