TALARINVEST: 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.
TALARINVEST
Largest movements
- Receivables within one year +€434,663
up €434,663 (+137%), from €317,997 to €752,659
of which Other amounts receivable: +€441,923
- Reserves +€498,071
up €498,071 (+37.7%), from €1.3m to €1.8m
of which Distributable reserves: +€498,071
- Debts after one year -€120,000
down €120,000 (-26.1%), from €460,000 to €340,000
- Current portion of long-term debt +€42,044
new in 2026: €42,044
- Gross operating margin +€141,515
up €141,515 (+26.9%), from €526,020 to €667,534
- Taxes +€38,522
up €38,522 (+30.2%), from €127,542 to €166,065
- Financial income +€9,366
up €9,366 (+81.0%), from €11,557 to €20,923
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,103,507 | €2,537,416 | +€433,910 | +20.6% |
| Fixed assets | 21/28 | €1,722,247 | €1,722,247 | = | 0.0% |
| Tangible fixed assets | 22/27 | €37,447 | €37,447 | = | 0.0% |
| Land and buildings | 22 | €37,447 | €37,447 | = | 0.0% |
| Financial fixed assets | 28 | €1,684,800 | €1,684,800 | = | 0.0% |
| Current assets | 29/58 | €381,260 | €815,169 | +€433,910 | +114% |
| Amounts receivable within one year | 40/41 | €317,997 | €752,659 | +€434,663 | +137% |
| Trade receivables | 40 | €7,260 | €0 | -€7,260 | -100% |
| Other amounts receivable | 41 | €310,737 | €752,659 | +€441,923 | +142% |
| Cash at bank and in hand | 54/58 | €63,263 | €62,510 | -€753 | -1.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,103,507 | €2,537,416 | +€433,910 | +20.6% |
| Equity | 10/15 | €1,571,689 | €2,069,761 | +€498,071 | +31.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €1,321,689 | €1,819,761 | +€498,071 | +37.7% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €1,296,689 | €1,794,761 | +€498,071 | +38.4% |
| Amounts payable | 17/49 | €531,817 | €467,656 | -€64,162 | -12.1% |
| Amounts payable after more than one year | 17 | €460,000 | €340,000 | -€120,000 | -26.1% |
| Financial debts | 170/4 | €460,000 | €340,000 | -€120,000 | -26.1% |
| Amounts payable within one year | 42/48 | €53,171 | €113,124 | +€59,952 | +113% |
| Current portion of amounts payable after more than one year | 42 | - | €42,044 | +€42,044 | |
| Financial debts | 43 | €21,073 | €0 | -€21,073 | -100% |
| Credit institutions | 430/8 | €21,073 | €0 | -€21,073 | -100% |
| Trade debts | 44 | €75 | €1,412 | +€1,337 | +1,773% |
| Suppliers | 440/4 | €75 | €1,412 | +€1,337 | +1,773% |
| Taxes, remuneration and social security | 45 | €32,023 | €51,021 | +€18,999 | +59.3% |
| Taxes | 450/3 | €32,023 | €51,021 | +€18,999 | +59.3% |
| Other amounts payable | 47/48 | €0 | €18,646 | +€18,646 | |
| Accrued charges and deferred income | 492/3 | €18,646 | €14,532 | -€4,114 | -22.1% |
| Other operating charges | 640/8 | €1,276 | €1,313 | +€36 | +2.9% |
| Gross operating margin | 9900 | €526,020 | €667,534 | +€141,515 | +26.9% |
| Operating profit (loss) | 9901 | €524,744 | €666,222 | +€141,478 | +27.0% |
| Financial income | 75/76B | €11,557 | €20,923 | +€9,366 | +81.0% |
| Recurring financial income | 75 | €11,557 | €20,923 | +€9,366 | +81.0% |
| Financial charges | 65/66B | €28,796 | €23,009 | -€5,787 | -20.1% |
| Recurring financial charges | 65 | €28,796 | €23,009 | -€5,787 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €507,504 | €664,136 | +€156,632 | +30.9% |
| Income taxes | 67/77 | €127,542 | €166,065 | +€38,522 | +30.2% |
| Profit (loss) for the period | 9904 | €379,962 | €498,071 | +€118,109 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €379,962 | €498,071 | +€118,109 | +31.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.