Taevertex: 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.
Taevertex
Largest movements
- Cash -€153,432
down €153,432 (-50.1%), from €306,154 to €152,722
mainly Trade debts (-€62,046) and Net result for the year (-€48,481)
- Receivables within one year +€20,494
up €20,494 (+215.5%), from €9,510 to €30,004
of which Trade receivables: +€20,160
- Current investments +€6,255
up €6,255 (+69.9%), from €8,945 to €15,200
- Tangible fixed assets -€5,435
down €5,435 (-9.3%), from €58,600 to €53,165
of which Land and buildings: -€4,235
- Trade debts -€62,046
down €62,046 (-83.7%), from €74,154 to €12,108
- Profit (loss) carried forward -€48,481
down €48,481 (-34.3%), from €141,262 to €92,781
- Tax, wage and social debts -€29,660
down €29,660 (-48.8%), from €60,810 to €31,150
of which Taxes: -€18,298
- Other debts +€7,728
up €7,728 (+153.3%), from €5,041 to €12,769
- Purchases and services +€163,998
new in 2025: €163,998
- Turnover +€75,963
new in 2025: €75,963
- Gross operating margin -€38,992
down €38,992 (-33.9%), from €114,954 to €75,963
- Financial income -€29,138
down €29,138 (-85.3%), from €34,172 to €5,034
- Financial charges +€18,865
up €18,865 (+187.5%), from €10,061 to €28,926
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 | €387,429 | €254,971 | -€132,458 | -34.2% |
| Fixed assets | 21/28 | €58,600 | €53,165 | -€5,435 | -9.3% |
| Tangible fixed assets | 22/27 | €58,600 | €53,165 | -€5,435 | -9.3% |
| Land and buildings | 22 | €37,446 | €33,212 | -€4,235 | -11.3% |
| Plant, machinery and equipment | 23 | €10,077 | €10,296 | +€219 | +2.2% |
| Furniture and vehicles | 24 | €11,077 | €9,657 | -€1,420 | -12.8% |
| Current assets | 29/58 | €328,829 | €201,806 | -€127,023 | -38.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €9,510 | €30,004 | +€20,494 | +215.5% |
| Trade receivables | 40 | €4,599 | €24,759 | +€20,160 | +438.3% |
| Other amounts receivable | 41 | €4,911 | €5,245 | +€334 | +6.8% |
| Current investments | 50/53 | €8,945 | €15,200 | +€6,255 | +69.9% |
| Cash at bank and in hand | 54/58 | €306,154 | €152,722 | -€153,432 | -50.1% |
| Deferred charges and accrued income | 490/1 | €4,219 | €3,879 | -€340 | -8.1% |
| Total equity and liabilities | 10/49 | €387,429 | €254,971 | -€132,458 | -34.2% |
| Equity | 10/15 | €247,425 | €198,944 | -€48,481 | -19.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €31,163 | €31,163 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €23,663 | €23,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,262 | €92,781 | -€48,481 | -34.3% |
| Amounts payable | 17/49 | €140,004 | €56,027 | -€83,977 | -60.0% |
| Amounts payable within one year | 42/48 | €140,004 | €56,027 | -€83,977 | -60.0% |
| Trade debts | 44 | €74,154 | €12,108 | -€62,046 | -83.7% |
| Suppliers | 440/4 | €74,154 | €12,108 | -€62,046 | -83.7% |
| Taxes, remuneration and social security | 45 | €60,810 | €31,150 | -€29,660 | -48.8% |
| Taxes | 450/3 | €35,213 | €16,915 | -€18,298 | -52.0% |
| Remuneration and social security | 454/9 | €25,597 | €14,235 | -€11,362 | -44.4% |
| Other amounts payable | 47/48 | €5,041 | €12,769 | +€7,728 | +153.3% |
| Turnover | 70 | - | €75,963 | +€75,963 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €163,998 | +€163,998 | |
| Remuneration, social security and pensions | 62 | €79,652 | €82,326 | +€2,674 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,260 | €9,056 | -€204 | -2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,340 | - | -€2,340 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,571 | - | -€3,571 | |
| Other operating charges | 640/8 | €1,527 | €2,576 | +€1,050 | +68.8% |
| Gross operating margin | 9900 | €114,954 | €75,963 | -€38,992 | -33.9% |
| Operating profit (loss) | 9901 | €18,604 | -€17,995 | -€36,599 | |
| Financial income | 75/76B | €34,172 | €5,034 | -€29,138 | -85.3% |
| Recurring financial income | 75 | €34,172 | €5,034 | -€29,138 | -85.3% |
| Financial charges | 65/66B | €10,061 | €28,926 | +€18,865 | +187.5% |
| Recurring financial charges | 65 | €10,061 | €28,926 | +€18,865 | +187.5% |
| Profit (loss) for the period before taxes | 9903 | €42,715 | -€41,887 | -€84,602 | |
| Income taxes | 67/77 | €11,709 | €6,594 | -€5,115 | -43.7% |
| Profit (loss) for the period | 9904 | €31,006 | -€48,481 | -€79,487 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,006 | -€48,481 | -€79,487 |
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 6 October 2026 via checked.be.