Talent Minded: 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.
Talent Minded
Largest movements
- Cash +€33,440
up €33,440 (+11.3%), from €295,111 to €328,551
mainly Net result for the year (+€69,895) and Other debts (+€6,852)
- Tangible fixed assets -€4,983
down €4,983 (-21.5%), from €23,198 to €18,216
of which Furniture and vehicles: -€12,485
- Reserves +€35,000
up €35,000 (+13.3%), from €263,000 to €298,000
of which Distributable reserves: +€37,000
- Trade debts -€14,311
no longer reported in 2025 (was €14,311)
- Other debts +€6,852
up €6,852 (+28.8%), from €23,800 to €30,652
- Depreciation -€6,774
down €6,774 (-76.9%), from €8,812 to €2,038
- Taxes -€4,981
down €4,981 (-19.3%), from €25,751 to €20,771
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 | €338,245 | €363,742 | +€25,497 | +7.5% |
| Fixed assets | 21/28 | €23,198 | €18,216 | -€4,983 | -21.5% |
| Tangible fixed assets | 22/27 | €23,198 | €18,216 | -€4,983 | -21.5% |
| Furniture and vehicles | 24 | €13,420 | €935 | -€12,485 | -93.0% |
| Other tangible fixed assets | 26 | €9,778 | €17,280 | +€7,503 | +76.7% |
| Current assets | 29/58 | €315,047 | €345,527 | +€30,480 | +9.7% |
| Amounts receivable within one year | 40/41 | €19,936 | €16,976 | -€2,960 | -14.8% |
| Trade receivables | 40 | €19,415 | €16,976 | -€2,440 | -12.6% |
| Other amounts receivable | 41 | €521 | - | -€521 | |
| Cash at bank and in hand | 54/58 | €295,111 | €328,551 | +€33,440 | +11.3% |
| Total equity and liabilities | 10/49 | €338,245 | €363,742 | +€25,497 | +7.5% |
| Equity | 10/15 | €283,241 | €319,135 | +€35,895 | +12.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €263,000 | €298,000 | +€35,000 | +13.3% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €261,000 | €298,000 | +€37,000 | +14.2% |
| Profit (loss) carried forward | 14 | €241 | €1,135 | +€895 | +372% |
| Amounts payable | 17/49 | €55,004 | €44,607 | -€10,397 | -18.9% |
| Amounts payable within one year | 42/48 | €55,004 | €44,607 | -€10,397 | -18.9% |
| Trade debts | 44 | €14,311 | - | -€14,311 | |
| Suppliers | 440/4 | €14,311 | - | -€14,311 | |
| Taxes, remuneration and social security | 45 | €16,893 | €13,955 | -€2,938 | -17.4% |
| Taxes | 450/3 | €16,893 | €13,955 | -€2,938 | -17.4% |
| Other amounts payable | 47/48 | €23,800 | €30,652 | +€6,852 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,812 | €2,038 | -€6,774 | -76.9% |
| Other operating charges | 640/8 | €676 | €992 | +€315 | +46.7% |
| Gross operating margin | 9900 | €94,944 | €93,995 | -€949 | -1.0% |
| Operating profit (loss) | 9901 | €85,457 | €90,966 | +€5,509 | +6.4% |
| Financial charges | 65/66B | €309 | €300 | -€9 | -2.9% |
| Recurring financial charges | 65 | €309 | €300 | -€9 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €85,147 | €90,665 | +€5,518 | +6.5% |
| Income taxes | 67/77 | €25,751 | €20,771 | -€4,981 | -19.3% |
| Profit (loss) for the period | 9904 | €59,396 | €69,895 | +€10,499 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €59,396 | €69,895 | +€10,499 | +17.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.