Talenco Technical Services: 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.
Talenco Technical Services
Largest movements
- Receivables within one year -€372,189
down €372,189 (-67.8%), from €549,047 to €176,858
of which Trade receivables: -€371,439
- Deferred charges and accrued income +€27,662
up €27,662, from €0 to €27,662
- Tangible fixed assets -€19,104
down €19,104 (-31.1%), from €61,369 to €42,265
of which Plant, machinery and equipment: -€14,105
- Trade debts -€218,539
down €218,539 (-71.6%), from €305,197 to €86,658
- Profit (loss) carried forward -€53,043
down €53,043 (-3.1%), from -€1.7m to -€1.8m
- Advances received -€39,458
down €39,458 (-69.9%), from €56,478 to €17,020
- Tax, wage and social debts -€28,330
down €28,330 (-37.7%), from €75,234 to €46,904
of which Remuneration and social security: -€52,995
- Short-term financial debts -€13,156
down €13,156 (-10.5%), from €125,537 to €112,381
- Staff costs -€378,798
down €378,798 (-52.5%), from €721,573 to €342,775
- Gross operating margin -€199,546
down €199,546 (-31.9%), from €626,154 to €426,609
- Depreciation -€19,532
down €19,532 (-56.4%), from €34,650 to €15,118
- Financial charges -€18,647
down €18,647 (-35.5%), from €52,512 to €33,865
- Other operating charges -€18,501
down €18,501 (-18.4%), from €100,796 to €82,296
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.
Derived cash bridge
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 | €624,260 | €259,462 | -€364,798 | -58.4% |
| Fixed assets | 21/28 | €61,369 | €42,265 | -€19,104 | -31.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €61,369 | €42,265 | -€19,104 | -31.1% |
| Plant, machinery and equipment | 23 | €55,261 | €41,156 | -€14,105 | -25.5% |
| Furniture and vehicles | 24 | €2,121 | €1,109 | -€1,012 | -47.7% |
| Other tangible fixed assets | 26 | €3,986 | €0 | -€3,986 | -100% |
| Current assets | 29/58 | €562,891 | €217,197 | -€345,694 | -61.4% |
| Stocks and contracts in progress | 3 | €10,317 | €10,317 | = | 0.0% |
| Stocks | 30/36 | €10,317 | €10,317 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €549,047 | €176,858 | -€372,189 | -67.8% |
| Trade receivables | 40 | €547,877 | €176,438 | -€371,439 | -67.8% |
| Other amounts receivable | 41 | €1,170 | €420 | -€750 | -64.1% |
| Cash at bank and in hand | 54/58 | €3,527 | €2,360 | -€1,167 | -33.1% |
| Deferred charges and accrued income | 490/1 | €0 | €27,662 | +€27,662 | |
| Total equity and liabilities | 10/49 | €624,260 | €259,462 | -€364,798 | -58.4% |
| Equity | 10/15 | €14,009 | -€39,034 | -€53,043 | |
| Contributions | 10/11 | €1,735,267 | €1,735,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,721,258 | -€1,774,302 | -€53,043 | -3.1% |
| Amounts payable | 17/49 | €610,251 | €298,497 | -€311,755 | -51.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €610,201 | €298,497 | -€311,705 | -51.1% |
| Financial debts | 43 | €125,537 | €112,381 | -€13,156 | -10.5% |
| Credit institutions | 430/8 | €125,537 | €112,381 | -€13,156 | -10.5% |
| Trade debts | 44 | €305,197 | €86,658 | -€218,539 | -71.6% |
| Suppliers | 440/4 | €305,197 | €86,658 | -€218,539 | -71.6% |
| Advances received on contracts in progress | 46 | €56,478 | €17,020 | -€39,458 | -69.9% |
| Taxes, remuneration and social security | 45 | €75,234 | €46,904 | -€28,330 | -37.7% |
| Taxes | 450/3 | €13,940 | €38,605 | +€24,664 | +177% |
| Remuneration and social security | 454/9 | €61,294 | €8,299 | -€52,995 | -86.5% |
| Other amounts payable | 47/48 | €47,756 | €35,534 | -€12,221 | -25.6% |
| Accrued charges and deferred income | 492/3 | €50 | €0 | -€50 | -100% |
| Non-recurring operating income | 76A | €83,131 | €0 | -€83,131 | -100% |
| Remuneration, social security and pensions | 62 | €721,573 | €342,775 | -€378,798 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,650 | €15,118 | -€19,532 | -56.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,500 | +€1,500 | |
| Other operating charges | 640/8 | €100,796 | €82,296 | -€18,501 | -18.4% |
| Non-recurring operating charges | 66A | €7,615 | €3,986 | -€3,629 | -47.7% |
| Gross operating margin | 9900 | €626,154 | €426,609 | -€199,546 | -31.9% |
| Operating profit (loss) | 9901 | -€238,480 | -€19,066 | +€219,414 | +92.0% |
| Financial income | 75/76B | €2,620 | €1,290 | -€1,330 | -50.8% |
| Recurring financial income | 75 | €2,620 | €1,290 | -€1,330 | -50.8% |
| Financial charges | 65/66B | €52,512 | €33,865 | -€18,647 | -35.5% |
| Recurring financial charges | 65 | €52,512 | €33,865 | -€18,647 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | -€288,372 | -€51,641 | +€236,731 | +82.1% |
| Income taxes | 67/77 | €1,818 | €1,402 | -€416 | -22.9% |
| Profit (loss) for the period | 9904 | -€290,190 | -€53,043 | +€237,147 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€290,190 | -€53,043 | +€237,147 | +81.7% |
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 22 October 2026 via checked.be.