TAA CORP: 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.
TAA CORP
Largest movements
- Cash -€11,112
down €11,112 (-55.1%), from €20,165 to €9,053
mainly Net result for the year (-€8,780) and Trade debts (-€5,986)
- Intangible fixed assets +€3,875
new in 2025: €3,875
- Tangible fixed assets -€1,592
down €1,592 (-23.5%), from €6,764 to €5,173
of which Plant, machinery and equipment: -€1,262
- Other debts +€9,502
up €9,502 (+61.7%), from €15,411 to €24,914
- Profit (loss) carried forward -€8,780
down €8,780, from €1,296 to -€7,484
- Trade debts -€5,986
down €5,986 (-52.9%), from €11,325 to €5,339
of which Bills of exchange payable: -€7,311
- Tax, wage and social debts -€4,882
no longer reported in 2025 (was €4,882)
- Accrued charges and deferred income +€1,432
new in 2025: €1,432
- Turnover -€579,991
no longer reported in 2025 (was €579,991)
- Purchases and services -€443,859
no longer reported in 2025 (was €443,859)
- Gross operating margin -€64,584
down €64,584 (-47.4%), from €136,132 to €71,548
- Staff costs -€58,029
down €58,029 (-44.1%), from €131,465 to €73,436
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 | €35,914 | €27,200 | -€8,714 | -24.3% |
| Fixed assets | 21/28 | €11,564 | €13,847 | +€2,283 | +19.7% |
| Intangible fixed assets | 21 | - | €3,875 | +€3,875 | |
| Tangible fixed assets | 22/27 | €6,764 | €5,173 | -€1,592 | -23.5% |
| Plant, machinery and equipment | 23 | €5,363 | €4,101 | -€1,262 | -23.5% |
| Furniture and vehicles | 24 | €1,401 | €1,072 | -€330 | -23.5% |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €24,350 | €13,353 | -€10,997 | -45.2% |
| Amounts receivable within one year | 40/41 | €4,184 | €4,300 | +€115 | +2.8% |
| Other amounts receivable | 41 | €4,184 | €4,300 | +€115 | +2.8% |
| Cash at bank and in hand | 54/58 | €20,165 | €9,053 | -€11,112 | -55.1% |
| Total equity and liabilities | 10/49 | €35,914 | €27,200 | -€8,714 | -24.3% |
| Equity | 10/15 | €4,296 | -€4,484 | -€8,780 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,296 | -€7,484 | -€8,780 | |
| Amounts payable | 17/49 | €31,618 | €31,684 | +€67 | +0.2% |
| Amounts payable within one year | 42/48 | €31,618 | €30,252 | -€1,365 | -4.3% |
| Trade debts | 44 | €11,325 | €5,339 | -€5,986 | -52.9% |
| Suppliers | 440/4 | - | €1,325 | +€1,325 | |
| Bills of exchange payable | 441 | €11,325 | €4,014 | -€7,311 | -64.6% |
| Taxes, remuneration and social security | 45 | €4,882 | - | -€4,882 | |
| Taxes | 450/3 | €4,882 | - | -€4,882 | |
| Other amounts payable | 47/48 | €15,411 | €24,914 | +€9,502 | +61.7% |
| Accrued charges and deferred income | 492/3 | - | €1,432 | +€1,432 | |
| Turnover | 70 | €579,991 | - | -€579,991 | |
| Goods, raw materials, services and sundry goods | 60/61 | €443,859 | - | -€443,859 | |
| Remuneration, social security and pensions | 62 | €131,465 | €73,436 | -€58,029 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,194 | €1,849 | +€655 | +54.9% |
| Other operating charges | 640/8 | €118 | €1,095 | +€977 | +828.3% |
| Gross operating margin | 9900 | €136,132 | €71,548 | -€64,584 | -47.4% |
| Operating profit (loss) | 9901 | €3,355 | -€4,833 | -€8,188 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €89 | €3,947 | +€3,859 | +4356.2% |
| Recurring financial charges | 65 | €89 | €3,947 | +€3,859 | +4356.2% |
| Profit (loss) for the period before taxes | 9903 | €3,267 | -€8,780 | -€12,047 | |
| Income taxes | 67/77 | €1,971 | - | -€1,971 | |
| Profit (loss) for the period | 9904 | €1,296 | -€8,780 | -€10,076 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,296 | -€8,780 | -€10,076 |
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 8 October 2026 via checked.be.