TAIPING: 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.
TAIPING
Largest movements
- Receivables within one year +€10,633
up €10,633 (+29.3%), from €36,351 to €46,984
of which Other amounts receivable: +€8,097
- Cash -€4,249
down €4,249 (-36.6%), from €11,603 to €7,354
mainly Receivables within one year (-€10,633) and Trade debts (-€877)
- Stocks and contracts -€1,498
down €1,498 (-38.8%), from €3,857 to €2,359
- Profit (loss) carried forward +€4,207
up €4,207 (+57.6%), from €7,309 to €11,517
- Trade debts -€877
down €877 (-11.2%), from €7,798 to €6,922
- Advances received +€763
up €763 (+2.8%), from €27,380 to €28,143
- Purchases and services -€7,842
down €7,842 (-4.6%), from €169,610 to €161,768
- Turnover -€5,565
down €5,565 (-3.2%), from €173,661 to €168,097
- Gross operating margin +€2,498
up €2,498 (+54.9%), from €4,548 to €7,046
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 | €58,585 | €63,277 | +€4,693 | +8.0% |
| Fixed assets | 21/28 | €6,774 | €6,581 | -€193 | -2.8% |
| Tangible fixed assets | 22/27 | €1,474 | €1,281 | -€193 | -13.1% |
| Other tangible fixed assets | 26 | €1,474 | €1,281 | -€193 | -13.1% |
| Financial fixed assets | 28 | €5,300 | €5,300 | = | 0.0% |
| Current assets | 29/58 | €51,811 | €56,697 | +€4,885 | +9.4% |
| Stocks and contracts in progress | 3 | €3,857 | €2,359 | -€1,498 | -38.8% |
| Stocks | 30/36 | €3,857 | €2,359 | -€1,498 | -38.8% |
| Amounts receivable within one year | 40/41 | €36,351 | €46,984 | +€10,633 | +29.3% |
| Trade receivables | 40 | €26,801 | €29,338 | +€2,536 | +9.5% |
| Other amounts receivable | 41 | €9,549 | €17,646 | +€8,097 | +84.8% |
| Cash at bank and in hand | 54/58 | €11,603 | €7,354 | -€4,249 | -36.6% |
| Total equity and liabilities | 10/49 | €58,585 | €63,277 | +€4,693 | +8.0% |
| Equity | 10/15 | €20,809 | €25,017 | +€4,207 | +20.2% |
| Contributions | 10/11 | €13,500 | €13,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,309 | €11,517 | +€4,207 | +57.6% |
| Amounts payable | 17/49 | €37,775 | €38,261 | +€485 | +1.3% |
| Amounts payable within one year | 42/48 | €37,775 | €38,261 | +€485 | +1.3% |
| Trade debts | 44 | €7,798 | €6,922 | -€877 | -11.2% |
| Suppliers | 440/4 | €7,798 | €6,922 | -€877 | -11.2% |
| Advances received on contracts in progress | 46 | €27,380 | €28,143 | +€763 | +2.8% |
| Taxes, remuneration and social security | 45 | €563 | €1,162 | +€599 | +106.5% |
| Taxes | 450/3 | €563 | €1,162 | +€599 | +106.5% |
| Other amounts payable | 47/48 | €2,034 | €2,034 | = | 0.0% |
| Turnover | 70 | €173,661 | €168,097 | -€5,565 | -3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €169,610 | €161,768 | -€7,842 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €261 | €193 | -€68 | -26.1% |
| Other operating charges | 640/8 | €818 | €984 | +€166 | +20.4% |
| Gross operating margin | 9900 | €4,548 | €7,046 | +€2,498 | +54.9% |
| Operating profit (loss) | 9901 | €3,470 | €5,869 | +€2,400 | +69.2% |
| Financial income | 75/76B | €92 | €119 | +€26 | +28.5% |
| Recurring financial income | 75 | €92 | €119 | +€26 | +28.5% |
| Financial charges | 65/66B | €927 | €548 | -€380 | -40.9% |
| Recurring financial charges | 65 | €927 | €548 | -€380 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €2,635 | €5,441 | +€2,806 | +106.5% |
| Income taxes | 67/77 | €563 | €1,233 | +€671 | +119.3% |
| Profit (loss) for the period | 9904 | €2,072 | €4,207 | +€2,135 | +103.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,072 | €4,207 | +€2,135 | +103.0% |
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 5 October 2026 via checked.be.