TAKEO: 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.
TAKEO
Largest movements
- Cash +€165,256
up €165,256 (+394.9%), from €41,851 to €207,107
mainly Current investments (+€130,000) and Net result for the year (+€46,291)
- Current investments -€130,000
down €130,000 (-57.8%), from €225,000 to €95,000
- Receivables within one year +€3,857
up €3,857 (+24.0%), from €16,041 to €19,898
of which Trade receivables: +€4,568
- Reserves +€46,291
up €46,291 (+18.2%), from €254,589 to €300,880
- Other debts -€7,735
down €7,735 (-26.1%), from €29,632 to €21,898
- Gross operating margin +€6,020
up €6,020 (+9.7%), from €62,031 to €68,051
- Taxes +€1,711
up €1,711 (+10.3%), from €16,543 to €18,255
- Financial income +€1,049
up €1,049 (+546.7%), from €192 to €1,241
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 | €295,107 | €332,289 | +€37,182 | +12.6% |
| Fixed assets | 21/28 | €5,978 | €4,276 | -€1,702 | -28.5% |
| Tangible fixed assets | 22/27 | €5,978 | €4,276 | -€1,702 | -28.5% |
| Plant, machinery and equipment | 23 | €1,309 | €1,254 | -€55 | -4.2% |
| Furniture and vehicles | 24 | €4,669 | €3,022 | -€1,647 | -35.3% |
| Current assets | 29/58 | €289,130 | €328,013 | +€38,884 | +13.4% |
| Amounts receivable within one year | 40/41 | €16,041 | €19,898 | +€3,857 | +24.0% |
| Trade receivables | 40 | €12,584 | €17,152 | +€4,568 | +36.3% |
| Other amounts receivable | 41 | €3,457 | €2,746 | -€711 | -20.6% |
| Current investments | 50/53 | €225,000 | €95,000 | -€130,000 | -57.8% |
| Cash at bank and in hand | 54/58 | €41,851 | €207,107 | +€165,256 | +394.9% |
| Deferred charges and accrued income | 490/1 | €6,238 | €6,009 | -€229 | -3.7% |
| Total equity and liabilities | 10/49 | €295,107 | €332,289 | +€37,182 | +12.6% |
| Equity | 10/15 | €259,589 | €305,880 | +€46,291 | +17.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €254,589 | €300,880 | +€46,291 | +18.2% |
| Distributable reserves | 133 | €254,589 | €300,880 | +€46,291 | +18.2% |
| Amounts payable | 17/49 | €35,518 | €26,409 | -€9,110 | -25.6% |
| Amounts payable within one year | 42/48 | €35,131 | €26,409 | -€8,722 | -24.8% |
| Trade debts | 44 | €253 | €1,977 | +€1,724 | +682.3% |
| Suppliers | 440/4 | €253 | €1,977 | +€1,724 | +682.3% |
| Taxes, remuneration and social security | 45 | €5,246 | €2,534 | -€2,712 | -51.7% |
| Taxes | 450/3 | €5,246 | €2,534 | -€2,712 | -51.7% |
| Other amounts payable | 47/48 | €29,632 | €21,898 | -€7,735 | -26.1% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,070 | €2,248 | +€178 | +8.6% |
| Other operating charges | 640/8 | €1,012 | €717 | -€294 | -29.1% |
| Gross operating margin | 9900 | €62,031 | €68,051 | +€6,020 | +9.7% |
| Operating profit (loss) | 9901 | €58,949 | €65,085 | +€6,136 | +10.4% |
| Financial income | 75/76B | €192 | €1,241 | +€1,049 | +546.7% |
| Recurring financial income | 75 | €192 | €1,241 | +€1,049 | +546.7% |
| Financial charges | 65/66B | €2,448 | €1,780 | -€668 | -27.3% |
| Recurring financial charges | 65 | €2,448 | €1,780 | -€668 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €56,693 | €64,546 | +€7,853 | +13.9% |
| Income taxes | 67/77 | €16,543 | €18,255 | +€1,711 | +10.3% |
| Profit (loss) for the period | 9904 | €40,150 | €46,291 | +€6,142 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,150 | €46,291 | +€6,142 | +15.3% |
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.