TAHA: 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.
TAHA
Largest movements
- Receivables within one year -€16,245
down €16,245 (-35.2%), from €46,215 to €29,970
of which Trade receivables: -€13,358
- Tangible fixed assets -€11,060
down €11,060 (-10.8%), from €102,751 to €91,691
- Cash +€7,144
up €7,144 (+8.3%), from €85,948 to €93,092
mainly Depreciation (+€31,690) and Receivables within one year (+€16,245)
- Other debts -€14,222
down €14,222 (-86.7%), from €16,402 to €2,180
- Tax, wage and social debts -€6,624
down €6,624 (-19.2%), from €34,560 to €27,936
of which Remuneration and social security: -€6,729
- Staff costs -€35,585
down €35,585 (-16.8%), from €211,494 to €175,909
- Gross operating margin -€31,372
down €31,372 (-11.5%), from €273,266 to €241,894
- Turnover -€29,009
down €29,009 (-5.8%), from €501,224 to €472,215
- Depreciation -€6,840
down €6,840 (-17.8%), from €38,530 to €31,690
- Financial charges +€6,201
up €6,201 (+49.4%), from €12,558 to €18,759
of which Non-recurring financial charges: +€6,187
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 | €235,114 | €214,953 | -€20,161 | -8.6% |
| Fixed assets | 21/28 | €102,951 | €91,891 | -€11,060 | -10.7% |
| Tangible fixed assets | 22/27 | €102,751 | €91,691 | -€11,060 | -10.8% |
| Furniture and vehicles | 24 | €102,751 | €91,691 | -€11,060 | -10.8% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €132,163 | €123,062 | -€9,101 | -6.9% |
| Amounts receivable within one year | 40/41 | €46,215 | €29,970 | -€16,245 | -35.2% |
| Trade receivables | 40 | €43,253 | €29,895 | -€13,358 | -30.9% |
| Other amounts receivable | 41 | €2,962 | €75 | -€2,887 | -97.5% |
| Cash at bank and in hand | 54/58 | €85,948 | €93,092 | +€7,144 | +8.3% |
| Total equity and liabilities | 10/49 | €235,114 | €214,953 | -€20,161 | -8.6% |
| Equity | 10/15 | €154,183 | €155,392 | +€1,209 | +0.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,683 | €127,892 | +€1,209 | +1.0% |
| Amounts payable | 17/49 | €80,931 | €59,561 | -€21,370 | -26.4% |
| Amounts payable within one year | 42/48 | €80,931 | €59,561 | -€21,370 | -26.4% |
| Financial debts | 43 | €14,534 | €14,598 | +€64 | +0.4% |
| Credit institutions | 430/8 | €14,534 | €14,598 | +€64 | +0.4% |
| Trade debts | 44 | €15,435 | €14,847 | -€588 | -3.8% |
| Suppliers | 440/4 | €15,435 | €14,847 | -€588 | -3.8% |
| Taxes, remuneration and social security | 45 | €34,560 | €27,936 | -€6,624 | -19.2% |
| Taxes | 450/3 | €500 | €605 | +€105 | +21.0% |
| Remuneration and social security | 454/9 | €34,060 | €27,331 | -€6,729 | -19.8% |
| Other amounts payable | 47/48 | €16,402 | €2,180 | -€14,222 | -86.7% |
| Turnover | 70 | €501,224 | €472,215 | -€29,009 | -5.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €227,958 | €230,321 | +€2,363 | +1.0% |
| Remuneration, social security and pensions | 62 | €211,494 | €175,909 | -€35,585 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,530 | €31,690 | -€6,840 | -17.8% |
| Non-recurring operating charges | 66A | €8,971 | €10,916 | +€1,945 | +21.7% |
| Gross operating margin | 9900 | €273,266 | €241,894 | -€31,372 | -11.5% |
| Operating profit (loss) | 9901 | €14,271 | €23,379 | +€9,108 | +63.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €12,558 | €18,759 | +€6,201 | +49.4% |
| Recurring financial charges | 65 | €5,225 | €5,239 | +€14 | +0.3% |
| Non-recurring financial charges | 66B | €7,333 | €13,520 | +€6,187 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | €1,713 | €4,621 | +€2,908 | +169.8% |
| Income taxes | 67/77 | €468 | €3,412 | +€2,944 | +629.1% |
| Profit (loss) for the period | 9904 | €1,245 | €1,209 | -€36 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,245 | €1,209 | -€36 | -2.9% |
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 1 October 2026 via checked.be.