TAEL-HOME: 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.
TAEL-HOME
Largest movements
- Cash +€34,778
up €34,778 (+11.6%), from €300,065 to €334,843
mainly Other debts (+€41,877) and Depreciation (+€34,425)
- Tangible fixed assets -€34,425
down €34,425 (-9.0%), from €383,126 to €348,700
of which Land and buildings: -€32,486
- Reserves -€61,000
down €61,000 (-9.1%), from €669,878 to €608,878
of which Distributable reserves: -€61,000
- Other debts +€41,877
up €41,877 (+464%), from €9,020 to €50,896
- Tax, wage and social debts +€20,849
up €20,849 (+2,064%), from €1,010 to €21,859
- Depreciation -€3,104
down €3,104 (-8.3%), from €37,529 to €34,425
- Gross operating margin -€2,344
down €2,344 (-5.0%), from €47,305 to €44,961
- Financial income -€1,952
no longer reported in 2025 (was €1,952)
- Other operating charges -€616
down €616 (-16.9%), from €3,651 to €3,035
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 | €697,284 | €695,209 | -€2,075 | -0.3% |
| Fixed assets | 21/28 | €383,145 | €348,720 | -€34,425 | -9.0% |
| Tangible fixed assets | 22/27 | €383,126 | €348,700 | -€34,425 | -9.0% |
| Land and buildings | 22 | €375,195 | €342,709 | -€32,486 | -8.7% |
| Assets under construction and advance payments | 27 | €7,930 | €5,991 | -€1,939 | -24.5% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €314,139 | €346,489 | +€32,350 | +10.3% |
| Amounts receivable within one year | 40/41 | €14,074 | €11,646 | -€2,428 | -17.2% |
| Trade receivables | 40 | €3,936 | - | -€3,936 | |
| Other amounts receivable | 41 | €10,137 | €11,646 | +€1,509 | +14.9% |
| Cash at bank and in hand | 54/58 | €300,065 | €334,843 | +€34,778 | +11.6% |
| Total equity and liabilities | 10/49 | €697,284 | €695,209 | -€2,075 | -0.3% |
| Equity | 10/15 | €682,721 | €621,827 | -€60,894 | -8.9% |
| Contributions | 10/11 | €12,618 | €12,618 | = | 0.0% |
| Reserves | 13 | €669,878 | €608,878 | -€61,000 | -9.1% |
| Tax-exempt reserves | 132 | €56,878 | €56,878 | = | 0.0% |
| Distributable reserves | 133 | €613,000 | €552,000 | -€61,000 | -10.0% |
| Profit (loss) carried forward | 14 | €226 | €331 | +€106 | +46.8% |
| Amounts payable | 17/49 | €14,563 | €73,382 | +€58,819 | +404% |
| Amounts payable within one year | 42/48 | €14,563 | €73,382 | +€58,819 | +404% |
| Trade debts | 44 | €4,533 | €627 | -€3,906 | -86.2% |
| Suppliers | 440/4 | €4,533 | €627 | -€3,906 | -86.2% |
| Taxes, remuneration and social security | 45 | €1,010 | €21,859 | +€20,849 | +2,064% |
| Taxes | 450/3 | €1,010 | €21,859 | +€20,849 | +2,064% |
| Other amounts payable | 47/48 | €9,020 | €50,896 | +€41,877 | +464% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,529 | €34,425 | -€3,104 | -8.3% |
| Other operating charges | 640/8 | €3,651 | €3,035 | -€616 | -16.9% |
| Gross operating margin | 9900 | €47,305 | €44,961 | -€2,344 | -5.0% |
| Operating profit (loss) | 9901 | €6,125 | €7,501 | +€1,377 | +22.5% |
| Financial income | 75/76B | €1,952 | - | -€1,952 | |
| Recurring financial income | 75 | €1,952 | - | -€1,952 | |
| Financial charges | 65/66B | €66 | €96 | +€30 | +45.1% |
| Recurring financial charges | 65 | €66 | €96 | +€30 | +45.1% |
| Profit (loss) for the period before taxes | 9903 | €8,010 | €7,405 | -€605 | -7.5% |
| Income taxes | 67/77 | €1,595 | €2,020 | +€425 | +26.6% |
| Profit (loss) for the period | 9904 | €6,415 | €5,386 | -€1,030 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,415 | €5,386 | -€1,030 | -16.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.