TAKAZ: 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.
TAKAZ
Largest movements
- Tangible fixed assets -€18,689
down €18,689 (-29.4%), from €63,589 to €44,900
of which Furniture and vehicles: -€11,565
- Stocks and contracts -€3,505
down €3,505 (-37.0%), from €9,478 to €5,973
- Receivables within one year -€2,442
down €2,442 (-16.0%), from €15,306 to €12,863
of which Trade receivables: -€6,275
- Current portion of long-term debt -€10,252
down €10,252 (-54.1%), from €18,947 to €8,694
- Debts after one year -€8,694
down €8,694 (-24.6%), from €35,282 to €26,588
- Trade debts -€7,580
down €7,580 (-32.4%), from €23,399 to €15,819
- Reserves +€7,000
up €7,000 (+10.8%), from €65,000 to €72,000
- Tax, wage and social debts -€4,297
down €4,297 (-46.8%), from €9,187 to €4,889
of which Remuneration and social security: -€3,486
- Gross operating margin -€17,318
down €17,318 (-18.0%), from €96,054 to €78,735
- Depreciation +€6,998
up €6,998 (+44.3%), from €15,783 to €22,781
- Taxes -€5,089
down €5,089 (-65.0%), from €7,830 to €2,741
- Staff costs -€3,624
down €3,624 (-8.1%), from €44,565 to €40,942
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 | €217,652 | €194,005 | -€23,647 | -10.9% |
| Fixed assets | 21/28 | €63,589 | €47,015 | -€16,574 | -26.1% |
| Tangible fixed assets | 22/27 | €63,589 | €44,900 | -€18,689 | -29.4% |
| Plant, machinery and equipment | 23 | €48,868 | €38,303 | -€10,565 | -21.6% |
| Furniture and vehicles | 24 | €12,790 | €1,225 | -€11,565 | -90.4% |
| Other tangible fixed assets | 26 | €1,931 | €5,373 | +€3,442 | +178.2% |
| Financial fixed assets | 28 | - | €2,115 | +€2,115 | |
| Current assets | 29/58 | €154,062 | €146,989 | -€7,073 | -4.6% |
| Stocks and contracts in progress | 3 | €9,478 | €5,973 | -€3,505 | -37.0% |
| Stocks | 30/36 | €9,478 | €5,973 | -€3,505 | -37.0% |
| Amounts receivable within one year | 40/41 | €15,306 | €12,863 | -€2,442 | -16.0% |
| Trade receivables | 40 | €12,908 | €6,633 | -€6,275 | -48.6% |
| Other amounts receivable | 41 | €2,398 | €6,230 | +€3,833 | +159.9% |
| Cash at bank and in hand | 54/58 | €129,279 | €128,152 | -€1,126 | -0.9% |
| Total equity and liabilities | 10/49 | €217,652 | €194,005 | -€23,647 | -10.9% |
| Equity | 10/15 | €128,248 | €135,436 | +€7,188 | +5.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,000 | €72,000 | +€7,000 | +10.8% |
| Distributable reserves | 133 | €65,000 | €72,000 | +€7,000 | +10.8% |
| Profit (loss) carried forward | 14 | €57,048 | €57,236 | +€188 | +0.3% |
| Amounts payable | 17/49 | €89,404 | €58,569 | -€30,835 | -34.5% |
| Amounts payable after more than one year | 17 | €35,282 | €26,588 | -€8,694 | -24.6% |
| Financial debts | 170/4 | €35,282 | €26,588 | -€8,694 | -24.6% |
| Amounts payable within one year | 42/48 | €54,122 | €31,981 | -€22,140 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €18,947 | €8,694 | -€10,252 | -54.1% |
| Financial debts | 43 | €2,590 | €2,579 | -€11 | -0.4% |
| Credit institutions | 430/8 | €2,590 | €2,579 | -€11 | -0.4% |
| Trade debts | 44 | €23,399 | €15,819 | -€7,580 | -32.4% |
| Suppliers | 440/4 | €23,399 | €15,819 | -€7,580 | -32.4% |
| Taxes, remuneration and social security | 45 | €9,187 | €4,889 | -€4,297 | -46.8% |
| Taxes | 450/3 | €812 | - | -€812 | |
| Remuneration and social security | 454/9 | €8,375 | €4,889 | -€3,486 | -41.6% |
| Remuneration, social security and pensions | 62 | €44,565 | €40,942 | -€3,624 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,783 | €22,781 | +€6,998 | +44.3% |
| Other operating charges | 640/8 | €1,347 | €976 | -€371 | -27.5% |
| Gross operating margin | 9900 | €96,054 | €78,735 | -€17,318 | -18.0% |
| Operating profit (loss) | 9901 | €34,359 | €14,036 | -€20,322 | -59.1% |
| Financial income | 75/76B | €4 | €121 | +€117 | +2937.8% |
| Recurring financial income | 75 | €4 | €121 | +€117 | +2937.8% |
| Financial charges | 65/66B | €3,636 | €4,228 | +€592 | +16.3% |
| Recurring financial charges | 65 | €3,636 | €4,228 | +€592 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €30,727 | €9,929 | -€20,798 | -67.7% |
| Income taxes | 67/77 | €7,830 | €2,741 | -€5,089 | -65.0% |
| Profit (loss) for the period | 9904 | €22,897 | €7,188 | -€15,710 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,897 | €7,188 | -€15,710 | -68.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.