Taglayer: 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.
Taglayer
Largest movements
- Intangible fixed assets +€112,555
up €112,555 (+31.1%), from €362,468 to €475,023
- Receivables within one year +€36,744
up €36,744 (+44.5%), from €82,651 to €119,395
of which Trade receivables: +€25,820
- Cash +€31,948
up €31,948 (+3261.8%), from €979 to €32,928
mainly Depreciation (+€183,128) and Debts after one year (+€138,045)
- Debts after one year +€138,045
up €138,045 (+339.9%), from €40,618 to €178,663
- Current portion of long-term debt +€50,051
up €50,051 (+151.5%), from €33,041 to €83,092
- Profit (loss) carried forward +€36,623
up €36,623 (+123.2%), from €29,715 to €66,337
- Short-term financial debts -€28,673
down €28,673 (-98.9%), from €28,979 to €305
- Trade debts -€23,324
down €23,324 (-44.5%), from €52,432 to €29,109
- Gross operating margin +€247,743
up €247,743 (+59.0%), from €419,592 to €667,335
- Staff costs +€123,561
up €123,561 (+40.4%), from €305,991 to €429,552
- Depreciation +€49,148
up €49,148 (+36.7%), from €133,981 to €183,128
- Write-downs -€12,870
down €12,870 (-100.0%), from €12,870 to €0
- Financial charges +€8,518
up €8,518 (+86.4%), from €9,858 to €18,376
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 | €457,294 | €639,676 | +€182,382 | +39.9% |
| Fixed assets | 21/28 | €369,159 | €483,286 | +€114,127 | +30.9% |
| Intangible fixed assets | 21 | €362,468 | €475,023 | +€112,555 | +31.1% |
| Tangible fixed assets | 22/27 | €5,539 | €4,861 | -€678 | -12.2% |
| Plant, machinery and equipment | 23 | €1,287 | €483 | -€804 | -62.5% |
| Furniture and vehicles | 24 | €4,252 | €4,377 | +€126 | +3.0% |
| Financial fixed assets | 28 | €1,152 | €3,402 | +€2,250 | +195.3% |
| Current assets | 29/58 | €88,136 | €156,390 | +€68,255 | +77.4% |
| Amounts receivable within one year | 40/41 | €82,651 | €119,395 | +€36,744 | +44.5% |
| Trade receivables | 40 | €68,760 | €94,581 | +€25,820 | +37.6% |
| Other amounts receivable | 41 | €13,891 | €24,814 | +€10,923 | +78.6% |
| Cash at bank and in hand | 54/58 | €979 | €32,928 | +€31,948 | +3261.8% |
| Deferred charges and accrued income | 490/1 | €4,505 | €4,067 | -€438 | -9.7% |
| Total equity and liabilities | 10/49 | €457,294 | €639,676 | +€182,382 | +39.9% |
| Equity | 10/15 | €253,344 | €289,966 | +€36,623 | +14.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €217,429 | €217,429 | = | 0.0% |
| Distributable reserves | 133 | €217,429 | €217,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,715 | €66,337 | +€36,623 | +123.2% |
| Amounts payable | 17/49 | €203,951 | €349,710 | +€145,759 | +71.5% |
| Amounts payable after more than one year | 17 | €40,618 | €178,663 | +€138,045 | +339.9% |
| Financial debts | 170/4 | €40,618 | €178,663 | +€138,045 | +339.9% |
| Amounts payable within one year | 42/48 | €162,729 | €169,471 | +€6,742 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €33,041 | €83,092 | +€50,051 | +151.5% |
| Financial debts | 43 | €28,979 | €305 | -€28,673 | -98.9% |
| Credit institutions | 430/8 | €28,979 | €305 | -€28,673 | -98.9% |
| Trade debts | 44 | €52,432 | €29,109 | -€23,324 | -44.5% |
| Suppliers | 440/4 | €52,432 | €29,109 | -€23,324 | -44.5% |
| Taxes, remuneration and social security | 45 | €48,277 | €56,965 | +€8,688 | +18.0% |
| Taxes | 450/3 | €23,524 | €10,673 | -€12,852 | -54.6% |
| Remuneration and social security | 454/9 | €24,753 | €46,292 | +€21,539 | +87.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €604 | €1,576 | +€972 | +161.1% |
| Remuneration, social security and pensions | 62 | €305,991 | €429,552 | +€123,561 | +40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,981 | €183,128 | +€49,148 | +36.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,870 | €0 | -€12,870 | -100.0% |
| Other operating charges | 640/8 | €1,157 | €1,126 | -€30 | -2.6% |
| Non-recurring operating charges | 66A | €6,000 | €0 | -€6,000 | -100.0% |
| Gross operating margin | 9900 | €419,592 | €667,335 | +€247,743 | +59.0% |
| Operating profit (loss) | 9901 | -€40,407 | €53,528 | +€93,935 | |
| Financial income | 75/76B | €0 | €1,787 | +€1,787 | |
| Recurring financial income | 75 | €0 | €1,787 | +€1,787 | |
| Financial charges | 65/66B | €9,858 | €18,376 | +€8,518 | +86.4% |
| Recurring financial charges | 65 | €9,858 | €18,376 | +€8,518 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | -€50,264 | €36,939 | +€87,204 | |
| Income taxes | 67/77 | €520 | €317 | -€203 | -39.1% |
| Profit (loss) for the period | 9904 | -€50,785 | €36,623 | +€87,407 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,785 | €36,623 | +€87,407 |
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 4 October 2026 via checked.be.