TAILLEURS BELGES: 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.
TAILLEURS BELGES
Largest movements
- Cash -€91,754
down €91,754 (-35.3%), from €259,600 to €167,846
mainly Net result for the year (-€39,510) and Tax, wage and social debts (-€30,689)
- Stocks and contracts -€33,768
down €33,768 (-12.1%), from €278,308 to €244,540
- Tangible fixed assets -€6,375
down €6,375 (-22.0%), from €28,939 to €22,564
of which Other tangible fixed assets: -€7,202
- Profit (loss) carried forward -€39,510
down €39,510 (-23.4%), from €168,766 to €129,256
- Tax, wage and social debts -€30,689
down €30,689 (-47.9%), from €64,007 to €33,318
of which Remuneration and social security: -€23,007
- Reserves -€25,000
down €25,000 (-21.4%), from €117,017 to €92,017
of which Distributable reserves: -€25,000
- Trade debts -€20,435
down €20,435 (-41.6%), from €49,090 to €28,655
- Other debts -€16,428
down €16,428 (-13.6%), from €120,503 to €104,075
- Gross operating margin -€59,703
down €59,703 (-22.4%), from €266,903 to €207,200
- Staff costs -€45,284
down €45,284 (-17.2%), from €262,944 to €217,661
- Write-downs +€18,382
up €18,382, from -€17,081 to €1,301
- Depreciation -€15,934
down €15,934 (-56.6%), from €28,162 to €12,228
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 | €575,159 | €443,097 | -€132,062 | -23.0% |
| Fixed assets | 21/28 | €32,350 | €25,986 | -€6,364 | -19.7% |
| Tangible fixed assets | 22/27 | €28,939 | €22,564 | -€6,375 | -22.0% |
| Furniture and vehicles | 24 | €4,035 | €4,862 | +€827 | +20.5% |
| Other tangible fixed assets | 26 | €24,905 | €17,703 | -€7,202 | -28.9% |
| Financial fixed assets | 28 | €3,411 | €3,422 | +€11 | +0.3% |
| Current assets | 29/58 | €542,809 | €417,111 | -€125,698 | -23.2% |
| Stocks and contracts in progress | 3 | €278,308 | €244,540 | -€33,768 | -12.1% |
| Stocks | 30/36 | €278,308 | €244,540 | -€33,768 | -12.1% |
| Amounts receivable within one year | 40/41 | €2,332 | €2,115 | -€218 | -9.3% |
| Trade receivables | 40 | €1,591 | €1,010 | -€582 | -36.6% |
| Other amounts receivable | 41 | €741 | €1,105 | +€364 | +49.1% |
| Cash at bank and in hand | 54/58 | €259,600 | €167,846 | -€91,754 | -35.3% |
| Deferred charges and accrued income | 490/1 | €2,569 | €2,611 | +€42 | +1.6% |
| Total equity and liabilities | 10/49 | €575,159 | €443,097 | -€132,062 | -23.0% |
| Equity | 10/15 | €341,559 | €277,049 | -€64,510 | -18.9% |
| Contributions | 10/11 | €55,776 | €55,776 | = | 0.0% |
| Reserves | 13 | €117,017 | €92,017 | -€25,000 | -21.4% |
| Non-distributable reserves | 130/1 | €13,017 | €13,017 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,017 | €13,017 | = | 0.0% |
| Distributable reserves | 133 | €104,000 | €79,000 | -€25,000 | -24.0% |
| Profit (loss) carried forward | 14 | €168,766 | €129,256 | -€39,510 | -23.4% |
| Amounts payable | 17/49 | €233,600 | €166,048 | -€67,552 | -28.9% |
| Amounts payable within one year | 42/48 | €233,600 | €166,048 | -€67,552 | -28.9% |
| Trade debts | 44 | €49,090 | €28,655 | -€20,435 | -41.6% |
| Suppliers | 440/4 | €49,090 | €28,655 | -€20,435 | -41.6% |
| Taxes, remuneration and social security | 45 | €64,007 | €33,318 | -€30,689 | -47.9% |
| Taxes | 450/3 | €27,925 | €20,243 | -€7,682 | -27.5% |
| Remuneration and social security | 454/9 | €36,082 | €13,075 | -€23,007 | -63.8% |
| Other amounts payable | 47/48 | €120,503 | €104,075 | -€16,428 | -13.6% |
| Remuneration, social security and pensions | 62 | €262,944 | €217,661 | -€45,284 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,162 | €12,228 | -€15,934 | -56.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,081 | €1,301 | +€18,382 | |
| Other operating charges | 640/8 | €3,339 | €2,759 | -€580 | -17.4% |
| Non-recurring operating charges | 66A | - | €6,103 | +€6,103 | |
| Gross operating margin | 9900 | €266,903 | €207,200 | -€59,703 | -22.4% |
| Operating profit (loss) | 9901 | -€10,461 | -€32,852 | -€22,391 | -214% |
| Financial income | 75/76B | €3,548 | €3,377 | -€171 | -4.8% |
| Recurring financial income | 75 | €3,548 | €3,377 | -€171 | -4.8% |
| Financial charges | 65/66B | €8,692 | €9,859 | +€1,167 | +13.4% |
| Recurring financial charges | 65 | €8,692 | €9,859 | +€1,167 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,605 | -€39,334 | -€23,729 | -152% |
| Income taxes | 67/77 | €165 | €175 | +€10 | +6.3% |
| Profit (loss) for the period | 9904 | -€15,770 | -€39,510 | -€23,740 | -151% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,770 | -€39,510 | -€23,740 | -151% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.