Taipro Engineering: 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.
Taipro Engineering
Largest movements
- Cash +€229,414
up €229,414 (+66.1%), from €347,172 to €576,586
mainly Depreciation (+€256,697) and Receivables within one year (+€183,023)
- Receivables within one year -€183,023
down €183,023 (-16.8%), from €1.1m to €904,257
of which Other amounts receivable: -€264,761
- Tangible fixed assets -€134,330
down €134,330 (-12.3%), from €1.1m to €961,609
- Current investments -€50,000
down €50,000 (-16.7%), from €300,000 to €250,000
- Accrued charges and deferred income -€118,600
down €118,600 (-11.5%), from €1.0m to €913,155
- Debts after one year -€112,732
down €112,732 (-15.0%), from €750,498 to €637,766
- Profit (loss) carried forward +€85,105
up €85,105 (+7.5%), from €1.1m to €1.2m
- Tax, wage and social debts +€41,379
up €41,379 (+56.0%), from €73,855 to €115,234
of which Taxes: +€25,797
- Gross operating margin +€194,729
up €194,729 (+33.7%), from €577,078 to €771,807
- Staff costs +€26,171
up €26,171 (+6.6%), from €393,623 to €419,794
- Financial income -€12,514
down €12,514 (-34.9%), from €35,882 to €23,368
- Depreciation +€11,408
up €11,408 (+4.7%), from €245,289 to €256,697
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 | €3,637,932 | €3,526,100 | -€111,832 | -3.1% |
| Fixed assets | 21/28 | €1,650,589 | €1,544,259 | -€106,330 | -6.4% |
| Intangible fixed assets | 21 | €304,000 | €332,000 | +€28,000 | +9.2% |
| Tangible fixed assets | 22/27 | €1,095,939 | €961,609 | -€134,330 | -12.3% |
| Land and buildings | 22 | €825,179 | €783,743 | -€41,436 | -5.0% |
| Plant, machinery and equipment | 23 | €119,499 | €96,559 | -€22,940 | -19.2% |
| Furniture and vehicles | 24 | €59,708 | €41,127 | -€18,581 | -31.1% |
| Leasing and similar rights | 25 | €91,553 | €40,180 | -€51,373 | -56.1% |
| Financial fixed assets | 28 | €250,650 | €250,650 | = | 0.0% |
| Current assets | 29/58 | €1,987,343 | €1,981,841 | -€5,502 | -0.3% |
| Stocks and contracts in progress | 3 | €250,000 | €250,000 | = | 0.0% |
| Stocks | 30/36 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,087,280 | €904,257 | -€183,023 | -16.8% |
| Trade receivables | 40 | €138,892 | €220,630 | +€81,738 | +58.9% |
| Other amounts receivable | 41 | €948,388 | €683,627 | -€264,761 | -27.9% |
| Current investments | 50/53 | €300,000 | €250,000 | -€50,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €347,172 | €576,586 | +€229,414 | +66.1% |
| Deferred charges and accrued income | 490/1 | €2,891 | €998 | -€1,893 | -65.5% |
| Total equity and liabilities | 10/49 | €3,637,932 | €3,526,100 | -€111,832 | -3.1% |
| Equity | 10/15 | €1,560,123 | €1,629,175 | +€69,052 | +4.4% |
| Contributions | 10/11 | €166,200 | €166,200 | = | 0.0% |
| Capital | 10 | €166,200 | €166,200 | = | 0.0% |
| Issued capital | 100 | €166,200 | €166,200 | = | 0.0% |
| Reserves | 13 | €141,620 | €141,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,620 | €16,620 | = | 0.0% |
| Legal reserve | 130 | €16,620 | €16,620 | = | 0.0% |
| Distributable reserves | 133 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,136,478 | €1,221,583 | +€85,105 | +7.5% |
| Investment grants | 15 | €115,825 | €99,772 | -€16,053 | -13.9% |
| Provisions and deferred taxes | 16 | €38,608 | €33,257 | -€5,351 | -13.9% |
| Deferred taxes | 168 | €38,608 | €33,257 | -€5,351 | -13.9% |
| Amounts payable | 17/49 | €2,039,201 | €1,863,668 | -€175,533 | -8.6% |
| Amounts payable after more than one year | 17 | €750,498 | €637,766 | -€112,732 | -15.0% |
| Financial debts | 170/4 | €750,498 | €637,766 | -€112,732 | -15.0% |
| Amounts payable within one year | 42/48 | €256,948 | €312,747 | +€55,799 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €137,371 | €116,100 | -€21,271 | -15.5% |
| Financial debts | 43 | €3,867 | - | -€3,867 | |
| Credit institutions | 430/8 | €3,867 | - | -€3,867 | |
| Trade debts | 44 | €41,855 | €71,413 | +€29,558 | +70.6% |
| Suppliers | 440/4 | €41,855 | €71,413 | +€29,558 | +70.6% |
| Taxes, remuneration and social security | 45 | €73,855 | €115,234 | +€41,379 | +56.0% |
| Taxes | 450/3 | €6,695 | €32,492 | +€25,797 | +385.3% |
| Remuneration and social security | 454/9 | €67,160 | €82,742 | +€15,582 | +23.2% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | €1,031,755 | €913,155 | -€118,600 | -11.5% |
| Remuneration, social security and pensions | 62 | €393,623 | €419,794 | +€26,171 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €245,289 | €256,697 | +€11,408 | +4.7% |
| Other operating charges | 640/8 | €11,809 | €12,053 | +€244 | +2.1% |
| Gross operating margin | 9900 | €577,078 | €771,807 | +€194,729 | +33.7% |
| Operating profit (loss) | 9901 | -€73,643 | €83,263 | +€156,906 | |
| Financial income | 75/76B | €35,882 | €23,368 | -€12,514 | -34.9% |
| Recurring financial income | 75 | €35,882 | €23,368 | -€12,514 | -34.9% |
| Financial charges | 65/66B | €18,201 | €15,540 | -€2,661 | -14.6% |
| Recurring financial charges | 65 | €18,201 | €15,540 | -€2,661 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€55,962 | €91,091 | +€147,053 | |
| Transfer from deferred taxes | 780 | €5,833 | €5,351 | -€482 | -8.3% |
| Income taxes | 67/77 | €1,155 | €1,337 | +€182 | +15.8% |
| Profit (loss) for the period | 9904 | -€51,284 | €95,105 | +€146,389 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,284 | €95,105 | +€146,389 |
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 9 October 2026 via checked.be.