TAELEMANS: 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.
TAELEMANS
Largest movements
- Cash +€88,835
up €88,835 (+269.2%), from €32,997 to €121,832
mainly Current investments (+€77,352) and Net result for the year (+€11,408)
- Current investments -€77,352
down €77,352 (-21.5%), from €359,326 to €281,974
- Receivables within one year +€5,042
up €5,042 (+9.0%), from €56,237 to €61,279
- Profit (loss) carried forward +€11,408
up €11,408 (+4.6%), from -€250,050 to -€238,641
- Gross operating margin +€17,609
up €17,609 (+1249.2%), from €1,410 to €19,019
- Depreciation -€1,275
down €1,275 (-13.3%), from €9,594 to €8,319
- Financial income -€1,141
down €1,141 (-15.6%), from €7,301 to €6,160
- Financial charges +€1,040
up €1,040 (+2006.8%), from €52 to €1,092
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 | €480,891 | €491,920 | +€11,028 | +2.3% |
| Fixed assets | 21/28 | €30,493 | €22,175 | -€8,319 | -27.3% |
| Intangible fixed assets | 21 | €18,311 | €14,268 | -€4,042 | -22.1% |
| Tangible fixed assets | 22/27 | €12,183 | €7,906 | -€4,277 | -35.1% |
| Land and buildings | 22 | €8,358 | €7,906 | -€452 | -5.4% |
| Furniture and vehicles | 24 | €3,825 | - | -€3,825 | |
| Current assets | 29/58 | €450,398 | €469,745 | +€19,347 | +4.3% |
| Amounts receivable within one year | 40/41 | €56,237 | €61,279 | +€5,042 | +9.0% |
| Other amounts receivable | 41 | €56,237 | €61,279 | +€5,042 | +9.0% |
| Current investments | 50/53 | €359,326 | €281,974 | -€77,352 | -21.5% |
| Cash at bank and in hand | 54/58 | €32,997 | €121,832 | +€88,835 | +269.2% |
| Deferred charges and accrued income | 490/1 | €1,838 | €4,660 | +€2,822 | +153.5% |
| Total equity and liabilities | 10/49 | €480,891 | €491,920 | +€11,028 | +2.3% |
| Equity | 10/15 | €458,048 | €469,456 | +€11,408 | +2.5% |
| Contributions | 10/11 | €464,668 | €464,668 | = | 0.0% |
| Reserves | 13 | €243,430 | €243,430 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €224,680 | €224,680 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€250,050 | -€238,641 | +€11,408 | +4.6% |
| Amounts payable | 17/49 | €22,843 | €22,463 | -€380 | -1.7% |
| Amounts payable within one year | 42/48 | €22,672 | €22,327 | -€345 | -1.5% |
| Trade debts | 44 | €20,131 | €20,082 | -€49 | -0.2% |
| Suppliers | 440/4 | €20,131 | €20,082 | -€49 | -0.2% |
| Taxes, remuneration and social security | 45 | €2,235 | €1,939 | -€296 | -13.2% |
| Taxes | 450/3 | €2,235 | €1,939 | -€296 | -13.2% |
| Other amounts payable | 47/48 | €307 | €307 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €171 | €136 | -€35 | -20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,594 | €8,319 | -€1,275 | -13.3% |
| Other operating charges | 640/8 | €3,771 | €3,884 | +€113 | +3.0% |
| Gross operating margin | 9900 | €1,410 | €19,019 | +€17,609 | +1249.2% |
| Operating profit (loss) | 9901 | -€11,955 | €6,816 | +€18,771 | |
| Financial income | 75/76B | €7,301 | €6,160 | -€1,141 | -15.6% |
| Recurring financial income | 75 | €7,301 | €6,160 | -€1,141 | -15.6% |
| Financial charges | 65/66B | €52 | €1,092 | +€1,040 | +2006.8% |
| Recurring financial charges | 65 | €52 | €1,092 | +€1,040 | +2006.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,706 | €11,884 | +€16,590 | |
| Income taxes | 67/77 | €456 | €476 | +€20 | +4.4% |
| Profit (loss) for the period | 9904 | -€5,162 | €11,408 | +€16,570 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,162 | €11,408 | +€16,570 |
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 2 October 2026 via checked.be.