TALANTON: 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.
What changed
TALANTON
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€892,981
2023 · €467,256+€425,725
Equity
€4.2m
2023 · €3.3m+€852,981
Cash
€511,543
2023 · €308,031+€203,512
Balance sheet total
€5.5m
2023 · €4.9m+€629,716
Largest movements
Assets
- Tangible fixed assets +€281,697
up €281,697 (+13.1%), from €2.2m to €2.4m
of which Land and buildings: +€282,561
- Cash +€203,512
up €203,512 (+66.1%), from €308,031 to €511,543
mainly Net result for the year (+€892,981) and Depreciation (+€131,054)
- Current investments +€176,099
up €176,099 (+15.6%), from €1.1m to €1.3m
Equity and liabilities
- Reserves +€852,981
up €852,981 (+26.8%), from €3.2m to €4.0m
of which Distributable reserves: +€1.0m
- Other debts -€158,404
down €158,404 (-12.4%), from €1.3m to €1.1m
Income statement
- Financial income +€203,896
up €203,896 (+169.3%), from €120,443 to €324,339
- Turnover +€199,377
up €199,377 (+24.8%), from €804,623 to €1.0m
- Depreciation -€65,403
down €65,403 (-33.3%), from €196,458 to €131,054
- Taxes +€64,789
up €64,789 (+55.6%), from €116,485 to €181,274
of which Taxes: +€65,149
- Services and other goods -€26,292
down €26,292 (-21.8%), from €120,824 to €94,532
From the 2023 result to the 2024 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.
Result 2023
€467,256
Turnover
+€199,377
Other operating income
+€14,509
Goods and materials
+€815
Services and other goods
+€26,292
Staff costs
+€4,764
Depreciation
+€65,403
Other operating charges
-€827
Financial income
+€203,896
Financial charges
-€23,545
Taxes
-€64,789
Deferred taxes and other
-€171
Result 2024
€892,981
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€832,362
Investment
-€588,850
Financing
-€40,000
Cash 2023
€308,031
From operations (derived)
+€832,362
Net result for the year
+€892,981
Depreciation
+€131,054
Receivables within one year
-€18,500
Deferred charges and accrued income
+€50,092
Provisions
-€8,451
Trade debts
+€3,776
Tax, wage and social debts
-€9,815
Other debts
-€158,404
Accrued charges and deferred income
-€50,371
Investment (derived)
-€588,850
Investment in fixed assets (net)
-€412,751
Current investments
-€176,099
Financing
-€40,000
Contributions, distributions and other
-€40,000
Cash 2024
€511,543
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,853,675 | €5,483,390 | +€629,716 | +13.0% |
| Fixed assets | 21/28 | €3,359,660 | €3,641,357 | +€281,697 | +8.4% |
| Tangible fixed assets | 22/27 | €2,153,846 | €2,435,542 | +€281,697 | +13.1% |
| Land and buildings | 22 | €2,151,337 | €2,433,898 | +€282,561 | +13.1% |
| Furniture and vehicles | 24 | €2,508 | €1,644 | -€864 | -34.4% |
| Financial fixed assets | 28 | €1,205,814 | €1,205,814 | = | 0.0% |
| Affiliated companies | 280/1 | €1,205,814 | €1,205,814 | = | 0.0% |
| Participating interests | 280 | €1,205,814 | €1,205,814 | = | 0.0% |
| Current assets | 29/58 | €1,494,015 | €1,842,034 | +€348,019 | +23.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,000 | €21,500 | +€18,500 | +616.7% |
| Trade receivables | 40 | €3,000 | €3,000 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €18,500 | +€18,500 | |
| Current investments | 50/53 | €1,131,571 | €1,307,670 | +€176,099 | +15.6% |
| Other investments | 51/53 | €1,131,571 | €1,307,670 | +€176,099 | +15.6% |
| Cash at bank and in hand | 54/58 | €308,031 | €511,543 | +€203,512 | +66.1% |
| Deferred charges and accrued income | 490/1 | €51,413 | €1,321 | -€50,092 | -97.4% |
| Total equity and liabilities | 10/49 | €4,853,675 | €5,483,390 | +€629,716 | +13.0% |
| Equity | 10/15 | €3,319,792 | €4,172,773 | +€852,981 | +25.7% |
| Contributions | 10/11 | €140,797 | €140,797 | = | 0.0% |
| Reserves | 13 | €3,178,995 | €4,031,976 | +€852,981 | +26.8% |
| Non-distributable reserves | 130/1 | €20,859 | €20,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,859 | €20,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,245,824 | €1,049,541 | -€196,283 | -15.8% |
| Distributable reserves | 133 | €1,912,312 | €2,961,576 | +€1.0m | +54.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €161,521 | €153,071 | -€8,451 | -5.2% |
| Deferred taxes | 168 | €161,521 | €153,071 | -€8,451 | -5.2% |
| Amounts payable | 17/49 | €1,372,361 | €1,157,546 | -€214,815 | -15.7% |
| Amounts payable within one year | 42/48 | €1,321,990 | €1,157,546 | -€164,443 | -12.4% |
| Trade debts | 44 | €8,532 | €12,308 | +€3,776 | +44.3% |
| Suppliers | 440/4 | €8,532 | €12,308 | +€3,776 | +44.3% |
| Taxes, remuneration and social security | 45 | €32,959 | €23,145 | -€9,815 | -29.8% |
| Taxes | 450/3 | €24,453 | €12,594 | -€11,859 | -48.5% |
| Remuneration and social security | 454/9 | €8,507 | €10,551 | +€2,044 | +24.0% |
| Other amounts payable | 47/48 | €1,280,498 | €1,122,094 | -€158,404 | -12.4% |
| Accrued charges and deferred income | 492/3 | €50,371 | €0 | -€50,371 | -100.0% |
| Operating income | 70/76A | €842,178 | €1,056,064 | +€213,887 | +25.4% |
| Turnover | 70 | €804,623 | €1,004,000 | +€199,377 | +24.8% |
| Other operating income | 74 | €37,555 | €52,064 | +€14,509 | +38.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €385,427 | €288,980 | -€96,447 | -25.0% |
| Goods for resale, raw materials and consumables | 60 | €815 | €0 | -€815 | -100.0% |
| Purchases | 600/8 | €815 | €0 | -€815 | -100.0% |
| Services and other goods | 61 | €120,824 | €94,532 | -€26,292 | -21.8% |
| Remuneration, social security and pensions | 62 | €60,252 | €55,487 | -€4,764 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,458 | €131,054 | -€65,403 | -33.3% |
| Other operating charges | 640/8 | €7,079 | €7,906 | +€827 | +11.7% |
| Operating profit (loss) | 9901 | €456,750 | €767,084 | +€310,334 | +67.9% |
| Financial income | 75/76B | €120,443 | €324,339 | +€203,896 | +169.3% |
| Recurring financial income | 75 | €120,443 | €324,339 | +€203,896 | +169.3% |
| Income from financial fixed assets | 750 | €100,000 | €300,000 | +€200,000 | +200.0% |
| Income from current assets | 751 | €20,443 | €23,199 | +€2,756 | +13.5% |
| Other financial income | 752/9 | €0 | €1,139 | +€1,139 | |
| Financial charges | 65/66B | €2,074 | €25,619 | +€23,545 | +1135.3% |
| Recurring financial charges | 65 | €2,074 | €25,619 | +€23,545 | +1135.3% |
| Debt charges | 650 | €47,863 | €78,045 | +€30,182 | +63.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€49,823 | -€54,982 | -€5,159 | -10.4% |
| Other financial charges | 652/9 | €4,033 | €2,556 | -€1,477 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €575,120 | €1,065,804 | +€490,685 | +85.3% |
| Transfer from deferred taxes | 780 | €8,621 | €8,451 | -€171 | -2.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €116,485 | €181,274 | +€64,789 | +55.6% |
| Taxes | 670/3 | €116,959 | €182,109 | +€65,149 | +55.7% |
| Tax adjustments and reversals of tax provisions | 77 | €474 | €835 | +€360 | +75.9% |
| Profit (loss) for the period | 9904 | €467,256 | €892,981 | +€425,725 | +91.1% |
| Transfer from tax-exempt reserves | 789 | €261,911 | €385,733 | +€123,822 | +47.3% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €189,450 | -€21,050 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €518,667 | €1,089,264 | +€570,597 | +110.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.