TABLOO MARGOT: 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.
TABLOO MARGOT
Largest movements
- Receivables within one year +€188,953
up €188,953 (+72.0%), from €262,481 to €451,434
of which Trade receivables: +€154,172
- Tangible fixed assets -€81,720
down €81,720 (-86.3%), from €94,747 to €13,028
of which Land and buildings: -€73,838
- Deferred charges and accrued income +€47,107
up €47,107 (+1,670%), from €2,821 to €49,928
- Cash -€35,689
down €35,689 (-18.3%), from €195,537 to €159,848
mainly Receivables within one year (-€188,953) and Contributions, distributions and other (-€91,183)
- Intangible fixed assets -€9,026
down €9,026 (-36.1%), from €25,018 to €15,993
- Trade debts +€123,231
up €123,231 (+161%), from €76,584 to €199,815
- Profit (loss) carried forward -€54,124
down €54,124 (-100%), from €54,124 to €0
- Advances received +€26,560
up €26,560 (+27.7%), from €95,800 to €122,360
- Tax, wage and social debts +€23,995
up €23,995 (+36.6%), from €65,592 to €89,587
of which Taxes: +€24,750
- Debts after one year -€17,045
down €17,045 (-54.1%), from €31,482 to €14,437
- Gross operating margin +€8,247
up €8,247 (+3.9%), from €213,508 to €221,755
- Staff costs +€6,489
up €6,489 (+6.4%), from €101,142 to €107,632
- Depreciation -€3,602
down €3,602 (-14.9%), from €24,181 to €20,580
- Financial charges +€3,502
up €3,502 (+41.5%), from €8,443 to €11,945
- Financial income -€2,377
down €2,377 (-80.6%), from €2,951 to €574
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 | €580,706 | €690,231 | +€109,526 | +18.9% |
| Fixed assets | 21/28 | €119,866 | €29,020 | -€90,845 | -75.8% |
| Intangible fixed assets | 21 | €25,018 | €15,993 | -€9,026 | -36.1% |
| Tangible fixed assets | 22/27 | €94,747 | €13,028 | -€81,720 | -86.3% |
| Land and buildings | 22 | €73,838 | €0 | -€73,838 | -100% |
| Plant, machinery and equipment | 23 | €3,543 | €1,221 | -€2,322 | -65.5% |
| Furniture and vehicles | 24 | €17,367 | €11,807 | -€5,560 | -32.0% |
| Financial fixed assets | 28 | €100 | €0 | -€100 | -100% |
| Current assets | 29/58 | €460,840 | €661,211 | +€200,371 | +43.5% |
| Amounts receivable within one year | 40/41 | €262,481 | €451,434 | +€188,953 | +72.0% |
| Trade receivables | 40 | €236,117 | €390,289 | +€154,172 | +65.3% |
| Other amounts receivable | 41 | €26,364 | €61,145 | +€34,781 | +132% |
| Cash at bank and in hand | 54/58 | €195,537 | €159,848 | -€35,689 | -18.3% |
| Deferred charges and accrued income | 490/1 | €2,821 | €49,928 | +€47,107 | +1,670% |
| Total equity and liabilities | 10/49 | €580,706 | €690,231 | +€109,526 | +18.9% |
| Equity | 10/15 | €166,084 | €110,100 | -€55,984 | -33.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,360 | €91,500 | -€1,860 | -2.0% |
| Distributable reserves | 133 | €93,360 | €91,500 | -€1,860 | -2.0% |
| Profit (loss) carried forward | 14 | €54,124 | €0 | -€54,124 | -100% |
| Amounts payable | 17/49 | €414,622 | €580,131 | +€165,510 | +39.9% |
| Amounts payable after more than one year | 17 | €31,482 | €14,437 | -€17,045 | -54.1% |
| Financial debts | 170/4 | €31,482 | €14,437 | -€17,045 | -54.1% |
| Amounts payable within one year | 42/48 | €372,855 | €553,365 | +€180,511 | +48.4% |
| Current portion of amounts payable after more than one year | 42 | €16,398 | €17,045 | +€647 | +3.9% |
| Trade debts | 44 | €76,584 | €199,815 | +€123,231 | +161% |
| Suppliers | 440/4 | €76,584 | €199,815 | +€123,231 | +161% |
| Advances received on contracts in progress | 46 | €95,800 | €122,360 | +€26,560 | +27.7% |
| Taxes, remuneration and social security | 45 | €65,592 | €89,587 | +€23,995 | +36.6% |
| Taxes | 450/3 | €42,843 | €67,593 | +€24,750 | +57.8% |
| Remuneration and social security | 454/9 | €22,749 | €21,994 | -€755 | -3.3% |
| Other amounts payable | 47/48 | €118,481 | €124,559 | +€6,078 | +5.1% |
| Accrued charges and deferred income | 492/3 | €10,285 | €12,329 | +€2,044 | +19.9% |
| Remuneration, social security and pensions | 62 | €101,142 | €107,632 | +€6,489 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,181 | €20,580 | -€3,602 | -14.9% |
| Other operating charges | 640/8 | €4,029 | €3,078 | -€951 | -23.6% |
| Non-recurring operating charges | 66A | €0 | €29,609 | +€29,609 | |
| Gross operating margin | 9900 | €213,508 | €221,755 | +€8,247 | +3.9% |
| Operating profit (loss) | 9901 | €84,155 | €60,857 | -€23,298 | -27.7% |
| Financial income | 75/76B | €2,951 | €574 | -€2,377 | -80.6% |
| Recurring financial income | 75 | €2,951 | €574 | -€2,377 | -80.6% |
| Financial charges | 65/66B | €8,443 | €11,945 | +€3,502 | +41.5% |
| Recurring financial charges | 65 | €8,443 | €11,945 | +€3,502 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €78,663 | €49,486 | -€29,177 | -37.1% |
| Income taxes | 67/77 | €16,539 | €14,286 | -€2,252 | -13.6% |
| Profit (loss) for the period | 9904 | €62,124 | €35,199 | -€26,925 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,124 | €35,199 | -€26,925 | -43.3% |
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 16 October 2026 via checked.be.