TAIMAZ: 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.
TAIMAZ
Largest movements
- Tangible fixed assets +€325,481
up €325,481 (+20957.7%), from €1,553 to €327,034
of which Other tangible fixed assets: +€196,899
- Receivables within one year -€22,005
down €22,005 (-58.9%), from €37,384 to €15,379
- Cash +€17,763
up €17,763 (+651.3%), from €2,727 to €20,491
- Debts after one year +€225,394
new in 2024: €225,394
- Profit (loss) carried forward +€40,681
up €40,681 (+197.8%), from €20,564 to €61,244
- Current portion of long-term debt +€28,578
new in 2024: €28,578
- Other debts +€19,931
new in 2024: €19,931
- Trade debts +€4,841
up €4,841 (+784.0%), from €617 to €5,459
- Turnover +€266,503
up €266,503 (+143.6%), from €185,648 to €452,151
- Purchases and services +€173,601
up €173,601 (+109.0%), from €159,310 to €332,911
- Gross operating margin +€92,902
up €92,902 (+352.7%), from €26,338 to €119,240
- Depreciation +€25,221
up €25,221 (+7189.7%), from €351 to €25,572
- Staff costs +€25,065
new in 2024: €25,065
From the 2023 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,244 | €369,064 | +€321,820 | +681.2% |
| Fixed assets | 21/28 | €5,253 | €330,734 | +€325,481 | +6196.1% |
| Tangible fixed assets | 22/27 | €1,553 | €327,034 | +€325,481 | +20957.7% |
| Plant, machinery and equipment | 23 | - | €4,818 | +€4,818 | |
| Furniture and vehicles | 24 | €1,553 | €20,127 | +€18,574 | +1196.0% |
| Leasing and similar rights | 25 | - | €105,190 | +€105,190 | |
| Other tangible fixed assets | 26 | - | €196,899 | +€196,899 | |
| Financial fixed assets | 28 | €3,700 | €3,700 | = | 0.0% |
| Current assets | 29/58 | €41,991 | €38,330 | -€3,662 | -8.7% |
| Stocks and contracts in progress | 3 | €1,880 | €2,460 | +€580 | +30.8% |
| Stocks | 30/36 | €1,880 | €2,460 | +€580 | +30.8% |
| Amounts receivable within one year | 40/41 | €37,384 | €15,379 | -€22,005 | -58.9% |
| Other amounts receivable | 41 | €37,384 | €15,379 | -€22,005 | -58.9% |
| Cash at bank and in hand | 54/58 | €2,727 | €20,491 | +€17,763 | +651.3% |
| Total equity and liabilities | 10/49 | €47,244 | €369,064 | +€321,820 | +681.2% |
| Equity | 10/15 | €41,024 | €81,704 | +€40,681 | +99.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,564 | €61,244 | +€40,681 | +197.8% |
| Amounts payable | 17/49 | €6,221 | €287,360 | +€281,139 | +4519.4% |
| Amounts payable after more than one year | 17 | - | €225,394 | +€225,394 | |
| Financial debts | 170/4 | - | €225,394 | +€225,394 | |
| Amounts payable within one year | 42/48 | €6,221 | €61,966 | +€55,745 | +896.1% |
| Current portion of amounts payable after more than one year | 42 | - | €28,578 | +€28,578 | |
| Trade debts | 44 | €617 | €5,459 | +€4,841 | +784.0% |
| Suppliers | 440/4 | €617 | €5,459 | +€4,841 | +784.0% |
| Taxes, remuneration and social security | 45 | €5,603 | €7,998 | +€2,395 | +42.7% |
| Taxes | 450/3 | €5,103 | €5,927 | +€824 | +16.1% |
| Remuneration and social security | 454/9 | €500 | €2,071 | +€1,571 | +314.2% |
| Other amounts payable | 47/48 | - | €19,931 | +€19,931 | |
| Turnover | 70 | €185,648 | €452,151 | +€266,503 | +143.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €159,310 | €332,911 | +€173,601 | +109.0% |
| Remuneration, social security and pensions | 62 | - | €25,065 | +€25,065 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €351 | €25,572 | +€25,221 | +7189.7% |
| Other operating charges | 640/8 | €2,768 | €4,436 | +€1,668 | +60.3% |
| Gross operating margin | 9900 | €26,338 | €119,240 | +€92,902 | +352.7% |
| Operating profit (loss) | 9901 | €23,220 | €64,167 | +€40,947 | +176.3% |
| Financial income | 75/76B | €1 | €9 | +€8 | +821.0% |
| Recurring financial income | 75 | €1 | €9 | +€8 | +821.0% |
| Non-recurring financial income | 76B | - | €9 | +€9 | |
| Financial charges | 65/66B | €591 | €18,096 | +€17,505 | +2963.3% |
| Recurring financial charges | 65 | €396 | €14,645 | +€14,249 | +3596.7% |
| Non-recurring financial charges | 66B | €195 | €3,450 | +€3,256 | +1673.5% |
| Profit (loss) for the period before taxes | 9903 | €22,630 | €46,081 | +€23,450 | +103.6% |
| Income taxes | 67/77 | €1,273 | €5,400 | +€4,127 | +324.1% |
| Profit (loss) for the period | 9904 | €21,357 | €40,681 | +€19,324 | +90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,357 | €40,681 | +€19,324 | +90.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.