TALENT: 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.
TALENT
Largest movements
- Financial fixed assets +€1.1m
up €1.1m (+281226.8%), from €397 to €1.1m
- Current investments +€851,878
up €851,878 (+343.3%), from €248,122 to €1.1m
- Cash -€811,223
down €811,223 (-96.8%), from €838,312 to €27,089
mainly Investment in fixed assets (net) (-€1.1m) and Current investments (-€851,878)
- Receivables within one year +€80,611
up €80,611 (+718.4%), from €11,220 to €91,831
of which Other amounts receivable: +€80,611
- Debts after one year +€1.1m
up €1.1m (+223006.1%), from €493 to €1.1m
of which Financial debts: +€1.1m
- Profit (loss) carried forward +€131,109
up €131,109 (+37.3%), from €351,309 to €482,418
- Gross operating margin -€628,659
down €628,659, from €621,930 to -€6,730
- Financial income +€136,462
up €136,462 (+1230.4%), from €11,091 to €147,552
of which Non-recurring financial income: +€133,613
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,108,427 | €2,343,611 | +€1.2m | +111.4% |
| Fixed assets | 21/28 | €7,764 | €1,124,691 | +€1.1m | +14386.7% |
| Tangible fixed assets | 22/27 | €7,367 | €8,865 | +€1,498 | +20.3% |
| Land and buildings | 22 | €7,367 | €5,855 | -€1,512 | -20.5% |
| Other tangible fixed assets | 26 | - | €3,010 | +€3,010 | |
| Financial fixed assets | 28 | €397 | €1,115,827 | +€1.1m | +281226.8% |
| Current assets | 29/58 | €1,100,664 | €1,218,920 | +€118,256 | +10.7% |
| Stocks and contracts in progress | 3 | €3,010 | - | -€3,010 | |
| Stocks | 30/36 | €3,010 | - | -€3,010 | |
| Amounts receivable within one year | 40/41 | €11,220 | €91,831 | +€80,611 | +718.4% |
| Trade receivables | 40 | €937 | €937 | = | 0.0% |
| Other amounts receivable | 41 | €10,284 | €90,895 | +€80,611 | +783.9% |
| Current investments | 50/53 | €248,122 | €1,100,000 | +€851,878 | +343.3% |
| Cash at bank and in hand | 54/58 | €838,312 | €27,089 | -€811,223 | -96.8% |
| Total equity and liabilities | 10/49 | €1,108,427 | €2,343,611 | +€1.2m | +111.4% |
| Equity | 10/15 | €919,415 | €1,050,524 | +€131,109 | +14.3% |
| Contributions | 10/11 | €63,908 | €63,908 | = | 0.0% |
| Capital | 10 | €63,908 | €63,908 | = | 0.0% |
| Issued capital | 100 | €63,908 | €63,908 | = | 0.0% |
| Reserves | 13 | €504,198 | €504,198 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Legal reserve | 130 | €6,400 | €6,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €477,807 | €477,807 | = | 0.0% |
| Distributable reserves | 133 | €19,991 | €19,991 | = | 0.0% |
| Profit (loss) carried forward | 14 | €351,309 | €482,418 | +€131,109 | +37.3% |
| Provisions and deferred taxes | 16 | €159,269 | €159,269 | = | 0.0% |
| Deferred taxes | 168 | €159,269 | €159,269 | = | 0.0% |
| Amounts payable | 17/49 | €29,743 | €1,133,818 | +€1.1m | +3712.0% |
| Amounts payable after more than one year | 17 | €493 | €1,100,493 | +€1.1m | +223006.1% |
| Financial debts | 170/4 | - | €1,100,000 | +€1.1m | |
| Other amounts payable | 178/9 | €493 | €493 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,250 | €33,325 | +€4,075 | +13.9% |
| Trade debts | 44 | €1,603 | €1,603 | = | 0.0% |
| Suppliers | 440/4 | €1,603 | €1,603 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €22 | €22 | = | 0.0% |
| Taxes | 450/3 | €22 | €22 | = | 0.0% |
| Other amounts payable | 47/48 | €27,625 | €31,700 | +€4,075 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,328 | €1,512 | -€1,816 | -54.6% |
| Other operating charges | 640/8 | €3,704 | €3,376 | -€328 | -8.8% |
| Gross operating margin | 9900 | €621,930 | -€6,730 | -€628,659 | |
| Operating profit (loss) | 9901 | €614,898 | -€11,618 | -€626,516 | |
| Financial income | 75/76B | €11,091 | €147,552 | +€136,462 | +1230.4% |
| Recurring financial income | 75 | €11,091 | €13,940 | +€2,849 | +25.7% |
| Non-recurring financial income | 76B | - | €133,613 | +€133,613 | |
| Financial charges | 65/66B | €900 | €4,826 | +€3,926 | +435.9% |
| Recurring financial charges | 65 | €900 | €4,826 | +€3,926 | +435.9% |
| Profit (loss) for the period before taxes | 9903 | €625,088 | €131,109 | -€493,979 | -79.0% |
| Transfer to deferred taxes | 680 | €159,269 | - | -€159,269 | |
| Profit (loss) for the period | 9904 | €465,819 | €131,109 | -€334,710 | -71.9% |
| Transfer to tax-exempt reserves | 689 | €477,807 | - | -€477,807 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,989 | €131,109 | +€143,097 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.