Taco Santo: 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.
Taco Santo
Largest movements
- Tangible fixed assets -€13,723
down €13,723 (-19.3%), from €71,069 to €57,346
of which Plant, machinery and equipment: -€9,248
- Cash -€11,368
down €11,368 (-24.3%), from €46,699 to €35,331
mainly Net result for the year (-€31,579) and Tax, wage and social debts (-€19,129)
- Receivables within one year +€4,352
up €4,352 (+118%), from €3,683 to €8,035
of which Trade receivables: +€3,945
- Stocks and contracts +€3,000
up €3,000 (+36.8%), from €8,150 to €11,150
- Current portion of long-term debt +€36,999
up €36,999 (+397%), from €9,326 to €46,324
- Profit (loss) carried forward -€31,579
down €31,579 (-51.8%), from -€61,008 to -€92,587
- Tax, wage and social debts -€19,129
down €19,129 (-43.7%), from €43,775 to €24,647
of which Taxes: -€13,951
- Trade debts +€12,140
up €12,140 (+26.7%), from €45,517 to €57,657
- Debts after one year -€9,703
down €9,703 (-25.4%), from €38,162 to €28,460
- Gross operating margin +€66,399
up €66,399 (+31.2%), from €212,720 to €279,119
- Staff costs +€54,142
up €54,142 (+25.1%), from €215,486 to €269,627
- Financial charges +€16,771
up €16,771 (+788%), from €2,129 to €18,900
- Depreciation +€4,770
up €4,770 (+40.4%), from €11,797 to €16,567
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 | €141,480 | €123,215 | -€18,266 | -12.9% |
| Fixed assets | 21/28 | €80,417 | €66,859 | -€13,558 | -16.9% |
| Tangible fixed assets | 22/27 | €71,069 | €57,346 | -€13,723 | -19.3% |
| Plant, machinery and equipment | 23 | €46,097 | €36,849 | -€9,248 | -20.1% |
| Furniture and vehicles | 24 | €11,199 | €8,212 | -€2,986 | -26.7% |
| Other tangible fixed assets | 26 | €13,773 | €12,284 | -€1,489 | -10.8% |
| Financial fixed assets | 28 | €9,348 | €9,513 | +€165 | +1.8% |
| Current assets | 29/58 | €61,063 | €56,356 | -€4,708 | -7.7% |
| Stocks and contracts in progress | 3 | €8,150 | €11,150 | +€3,000 | +36.8% |
| Stocks | 30/36 | €8,150 | €11,150 | +€3,000 | +36.8% |
| Amounts receivable within one year | 40/41 | €3,683 | €8,035 | +€4,352 | +118% |
| Trade receivables | 40 | €88 | €4,033 | +€3,945 | +4,488% |
| Other amounts receivable | 41 | €3,595 | €4,003 | +€407 | +11.3% |
| Cash at bank and in hand | 54/58 | €46,699 | €35,331 | -€11,368 | -24.3% |
| Deferred charges and accrued income | 490/1 | €2,531 | €1,839 | -€692 | -27.3% |
| Total equity and liabilities | 10/49 | €141,480 | €123,215 | -€18,266 | -12.9% |
| Equity | 10/15 | -€42,408 | -€73,987 | -€31,579 | -74.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,008 | -€92,587 | -€31,579 | -51.8% |
| Amounts payable | 17/49 | €183,888 | €197,202 | +€13,314 | +7.2% |
| Amounts payable after more than one year | 17 | €38,162 | €28,460 | -€9,703 | -25.4% |
| Financial debts | 170/4 | €38,162 | €28,460 | -€9,703 | -25.4% |
| Amounts payable within one year | 42/48 | €145,159 | €166,914 | +€21,755 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €9,326 | €46,324 | +€36,999 | +397% |
| Financial debts | 43 | €757 | €1,537 | +€779 | +103% |
| Credit institutions | 430/8 | €757 | €1,537 | +€779 | +103% |
| Trade debts | 44 | €45,517 | €57,657 | +€12,140 | +26.7% |
| Suppliers | 440/4 | €45,517 | €57,657 | +€12,140 | +26.7% |
| Taxes, remuneration and social security | 45 | €43,775 | €24,647 | -€19,129 | -43.7% |
| Taxes | 450/3 | €27,072 | €13,121 | -€13,951 | -51.5% |
| Remuneration and social security | 454/9 | €16,704 | €11,526 | -€5,177 | -31.0% |
| Other amounts payable | 47/48 | €45,784 | €36,749 | -€9,034 | -19.7% |
| Accrued charges and deferred income | 492/3 | €567 | €1,828 | +€1,262 | +223% |
| Remuneration, social security and pensions | 62 | €215,486 | €269,627 | +€54,142 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,797 | €16,567 | +€4,770 | +40.4% |
| Other operating charges | 640/8 | €3,599 | €5,615 | +€2,016 | +56.0% |
| Gross operating margin | 9900 | €212,720 | €279,119 | +€66,399 | +31.2% |
| Operating profit (loss) | 9901 | -€18,161 | -€12,690 | +€5,472 | +30.1% |
| Financial income | 75/76B | €443 | €11 | -€432 | -97.6% |
| Recurring financial income | 75 | €443 | €11 | -€432 | -97.6% |
| Financial charges | 65/66B | €2,129 | €18,900 | +€16,771 | +788% |
| Recurring financial charges | 65 | €2,129 | €18,900 | +€16,771 | +788% |
| Profit (loss) for the period before taxes | 9903 | -€19,848 | -€31,579 | -€11,731 | -59.1% |
| Profit (loss) for the period | 9904 | -€19,848 | -€31,579 | -€11,731 | -59.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,848 | -€31,579 | -€11,731 | -59.1% |
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 13 October 2026 via checked.be.