TAITO: 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.
TAITO
Largest movements
- Tangible fixed assets +€683,301
up €683,301 (+40.3%), from €1.7m to €2.4m
of which Land and buildings: +€720,734
- Cash -€503,538
down €503,538 (-82.5%), from €610,183 to €106,646
mainly Investment in fixed assets (net) (-€826,697) and Contributions, distributions and other (-€338,000)
- Current investments +€238,846
up €238,846 (+6.0%), from €4.0m to €4.2m
- Reserves +€593,740
up €593,740 (+12.6%), from €4.7m to €5.3m
of which Distributable reserves: +€804,240
- Other debts -€294,985
down €294,985 (-34.2%), from €862,133 to €567,148
- Trade debts +€168,513
up €168,513 (+449.1%), from €37,525 to €206,039
- Gross operating margin -€400,775
down €400,775 (-25.6%), from €1.6m to €1.2m
- Taxes -€314,943
down €314,943 (-68.9%), from €457,403 to €142,460
- Other operating charges -€173,473
down €173,473 (-84.6%), from €204,987 to €31,514
- Financial income +€49,755
up €49,755 (+120.8%), from €41,176 to €90,931
- Depreciation +€37,725
up €37,725 (+35.7%), from €105,671 to €143,396
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 | €6,338,396 | €6,773,476 | +€435,080 | +6.9% |
| Fixed assets | 21/28 | €1,695,926 | €2,379,227 | +€683,301 | +40.3% |
| Tangible fixed assets | 22/27 | €1,695,926 | €2,379,227 | +€683,301 | +40.3% |
| Land and buildings | 22 | €1,541,395 | €2,262,128 | +€720,734 | +46.8% |
| Plant, machinery and equipment | 23 | €1,610 | €1,448 | -€162 | -10.0% |
| Furniture and vehicles | 24 | €152,921 | €115,650 | -€37,271 | -24.4% |
| Current assets | 29/58 | €4,642,471 | €4,394,249 | -€248,221 | -5.3% |
| Amounts receivable within one year | 40/41 | €17,237 | €46,774 | +€29,537 | +171.4% |
| Trade receivables | 40 | - | €43,349 | +€43,349 | |
| Other amounts receivable | 41 | €17,237 | €3,425 | -€13,812 | -80.1% |
| Current investments | 50/53 | €3,984,890 | €4,223,736 | +€238,846 | +6.0% |
| Cash at bank and in hand | 54/58 | €610,183 | €106,646 | -€503,538 | -82.5% |
| Deferred charges and accrued income | 490/1 | €30,160 | €17,094 | -€13,066 | -43.3% |
| Total equity and liabilities | 10/49 | €6,338,396 | €6,773,476 | +€435,080 | +6.9% |
| Equity | 10/15 | €5,308,812 | €5,902,552 | +€593,740 | +11.2% |
| Contributions | 10/11 | €574,200 | €574,200 | = | 0.0% |
| Reserves | 13 | €4,730,106 | €5,323,846 | +€593,740 | +12.6% |
| Tax-exempt reserves | 132 | €210,640 | €140 | -€210,500 | -99.9% |
| Distributable reserves | 133 | €4,519,466 | €5,323,706 | +€804,240 | +17.8% |
| Profit (loss) carried forward | 14 | €4,506 | €4,506 | = | 0.0% |
| Amounts payable | 17/49 | €1,029,584 | €870,924 | -€158,660 | -15.4% |
| Amounts payable within one year | 42/48 | €948,196 | €779,091 | -€169,105 | -17.8% |
| Trade debts | 44 | €37,525 | €206,039 | +€168,513 | +449.1% |
| Suppliers | 440/4 | €37,525 | €206,039 | +€168,513 | +449.1% |
| Taxes, remuneration and social security | 45 | €48,538 | €5,905 | -€42,633 | -87.8% |
| Taxes | 450/3 | €47,497 | €3,632 | -€43,865 | -92.4% |
| Remuneration and social security | 454/9 | €1,041 | €2,273 | +€1,232 | +118.3% |
| Other amounts payable | 47/48 | €862,133 | €567,148 | -€294,985 | -34.2% |
| Accrued charges and deferred income | 492/3 | €81,388 | €91,833 | +€10,445 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,671 | €143,396 | +€37,725 | +35.7% |
| Other operating charges | 640/8 | €204,987 | €31,514 | -€173,473 | -84.6% |
| Gross operating margin | 9900 | €1,562,784 | €1,162,009 | -€400,775 | -25.6% |
| Operating profit (loss) | 9901 | €1,252,126 | €987,099 | -€265,027 | -21.2% |
| Financial income | 75/76B | €41,176 | €90,931 | +€49,755 | +120.8% |
| Recurring financial income | 75 | €41,176 | €90,931 | +€49,755 | +120.8% |
| Financial charges | 65/66B | €2,384 | €3,830 | +€1,446 | +60.7% |
| Recurring financial charges | 65 | €2,384 | €3,830 | +€1,446 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €1,290,918 | €1,074,200 | -€216,718 | -16.8% |
| Income taxes | 67/77 | €457,403 | €142,460 | -€314,943 | -68.9% |
| Profit (loss) for the period | 9904 | €833,515 | €931,740 | +€98,225 | +11.8% |
| Transfer from tax-exempt reserves | 789 | - | €210,500 | +€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €833,515 | €1,142,240 | +€308,725 | +37.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.