TALEBA: 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.
TALEBA
Largest movements
- Receivables within one year +€107,597
up €107,597 (+53.3%), from €201,963 to €309,561
of which Trade receivables: +€194,861
- Financial fixed assets +€34,100
up €34,100 (+643.4%), from €5,300 to €39,400
- Tangible fixed assets -€24,533
down €24,533 (-14.0%), from €175,034 to €150,500
- Cash -€24,308
no longer reported in 2021 (was €24,308)
mainly Investment in fixed assets (net) (-€303,210) and Debts (-€236,015)
- Equity +€328,870
up €328,870, from -€259,816 to €69,055
of which Profit (loss) carried forward: +€328,870
- Debts -€236,015
down €236,015 (-26.1%), from €904,145 to €668,129
of which Debts after one year: -€267,981
- Turnover +€1.1m
new in 2021: €1.1m
- Gross operating margin +€525,191
up €525,191 (+264.4%), from €198,646 to €723,837
- Purchases and services +€332,504
new in 2021: €332,504
- Depreciation +€285,577
up €285,577 (+3540.4%), from €8,066 to €293,643
- Staff costs +€45,342
new in 2021: €45,342
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €644,329 | €737,184 | +€92,855 | +14.4% |
| Fixed assets | 21/28 | €180,334 | €189,900 | +€9,567 | +5.3% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €175,034 | €150,500 | -€24,533 | -14.0% |
| Land and buildings | 22 | - | €81,949 | +€81,949 | |
| Plant, machinery and equipment | 23 | - | €12,328 | +€12,328 | |
| Furniture and vehicles | 24 | - | €19,214 | +€19,214 | |
| Leasing and similar rights | 25 | - | €37,009 | +€37,009 | |
| Financial fixed assets | 28 | €5,300 | €39,400 | +€34,100 | +643.4% |
| Current assets | 29/58 | €463,995 | €547,284 | +€83,289 | +18.0% |
| Stocks and contracts in progress | 3 | €237,723 | €237,723 | = | 0.0% |
| Stocks | 30/36 | - | €237,723 | +€237,723 | |
| Amounts receivable within one year | 40/41 | €201,963 | €309,561 | +€107,597 | +53.3% |
| Trade receivables | 40 | - | €194,861 | +€194,861 | |
| Other amounts receivable | 41 | - | €114,699 | +€114,699 | |
| Cash at bank and in hand | 54/58 | €24,308 | - | -€24,308 | |
| Total equity and liabilities | 10/49 | €644,329 | €737,184 | +€92,855 | +14.4% |
| Equity | 10/15 | -€259,816 | €69,055 | +€328,870 | |
| Contributions | 10/11 | €22,050 | €22,050 | = | 0.0% |
| Capital | 10 | - | €22,050 | +€22,050 | |
| Issued capital | 100 | - | €22,050 | +€22,050 | |
| Profit (loss) carried forward | 14 | -€305,616 | €23,255 | +€328,870 | |
| Investment grants | 15 | - | €23,750 | +€23,750 | |
| Amounts payable | 17/49 | €904,145 | €668,129 | -€236,015 | -26.1% |
| Amounts payable after more than one year | 17 | €463,637 | €195,656 | -€267,981 | -57.8% |
| Financial debts | 170/4 | - | €195,656 | +€195,656 | |
| Amounts payable within one year | 42/48 | €435,484 | €467,450 | +€31,966 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | - | €29,963 | +€29,963 | |
| Financial debts | 43 | - | €200,918 | +€200,918 | |
| Credit institutions | 430/8 | - | €125,918 | +€125,918 | |
| Other loans | 439 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €260,562 | €155,309 | -€105,253 | -40.4% |
| Suppliers | 440/4 | - | €155,309 | +€155,309 | |
| Taxes, remuneration and social security | 45 | - | €40,997 | +€40,997 | |
| Taxes | 450/3 | - | €2,706 | +€2,706 | |
| Remuneration and social security | 454/9 | - | €38,292 | +€38,292 | |
| Other amounts payable | 47/48 | - | €40,263 | +€40,263 | |
| Accrued charges and deferred income | 492/3 | - | €5,023 | +€5,023 | |
| Turnover | 70 | - | €1,056,341 | +€1.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €332,504 | +€332,504 | |
| Remuneration, social security and pensions | 62 | - | €45,342 | +€45,342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,066 | €293,643 | +€285,577 | +3540.4% |
| Other operating charges | 640/8 | - | €36,206 | +€36,206 | |
| Gross operating margin | 9900 | €198,646 | €723,837 | +€525,191 | +264.4% |
| Operating profit (loss) | 9901 | €158,891 | €348,646 | +€189,755 | +119.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | €2,591 | €0 | -€2,591 | -100.0% |
| Financial charges | 65/66B | - | €21,441 | +€21,441 | |
| Recurring financial charges | 65 | €35,723 | €21,441 | -€14,282 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | -€231,568 | €327,205 | +€558,773 | |
| Income taxes | 67/77 | €229 | -€1,665 | -€1,894 | |
| Profit (loss) for the period | 9904 | -€231,797 | €328,870 | +€560,667 | |
| Profit (loss) for the period to be appropriated | 9905 | -€231,797 | €328,870 | +€560,667 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.