Talent & Passion: what changed
Talent & Passion
Largest movements
- Receivables within one year +€17,309
up €17,309 (+33.2%), from €52,086 to €69,394
of which Other amounts receivable: +€13,750
- Cash +€14,014
up €14,014 (+413%), from €3,395 to €17,409
mainly Net result for the year (+€22,215) and Tax, wage and social debts (+€12,085)
- Tangible fixed assets -€6,707
down €6,707 (-45.2%), from €14,833 to €8,126
of which Furniture and vehicles: -€5,084
- Profit (loss) carried forward +€23,659
no longer reported in 2024 (was -€23,659)
- Tax, wage and social debts +€12,085
up €12,085 (+73.8%), from €16,366 to €28,451
of which Taxes: +€12,344
- Current portion of long-term debt -€8,787
down €8,787 (-29.3%), from €29,992 to €21,204
- Short-term financial debts -€2,334
no longer reported in 2024 (was €2,334)
- Debts after one year +€1,541
up €1,541 (+5.1%), from €30,370 to €31,911
- Gross operating margin +€44,323
up €44,323, from -€4,068 to €40,255
- Taxes +€6,312
up €6,312 (+4,521%), from €140 to €6,451
- Other operating charges -€6,117
down €6,117 (-97.1%), from €6,300 to €183
- Financial charges -€1,294
down €1,294 (-21.6%), from €5,992 to €4,698
- Financial income -€1,119
no longer reported in 2024 (was €1,119)
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,791 | €99,354 | +€25,563 | +34.6% |
| Fixed assets | 21/28 | €15,208 | €8,501 | -€6,707 | -44.1% |
| Tangible fixed assets | 22/27 | €14,833 | €8,126 | -€6,707 | -45.2% |
| Plant, machinery and equipment | 23 | €3,433 | €1,810 | -€1,624 | -47.3% |
| Furniture and vehicles | 24 | €11,400 | €6,316 | -€5,084 | -44.6% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €58,583 | €90,854 | +€32,271 | +55.1% |
| Amounts receivable within one year | 40/41 | €52,086 | €69,394 | +€17,309 | +33.2% |
| Trade receivables | 40 | €19,954 | €23,513 | +€3,559 | +17.8% |
| Other amounts receivable | 41 | €32,132 | €45,881 | +€13,750 | +42.8% |
| Cash at bank and in hand | 54/58 | €3,395 | €17,409 | +€14,014 | +413% |
| Deferred charges and accrued income | 490/1 | €3,103 | €4,051 | +€948 | +30.6% |
| Total equity and liabilities | 10/49 | €73,791 | €99,354 | +€25,563 | +34.6% |
| Equity | 10/15 | -€13,373 | €8,841 | +€22,215 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €7,785 | €6,341 | -€1,444 | -18.5% |
| Distributable reserves | 133 | €7,785 | €6,341 | -€1,444 | -18.5% |
| Profit (loss) carried forward | 14 | -€23,659 | - | +€23,659 | |
| Amounts payable | 17/49 | €87,165 | €90,513 | +€3,349 | +3.8% |
| Amounts payable after more than one year | 17 | €30,370 | €31,911 | +€1,541 | +5.1% |
| Financial debts | 170/4 | €30,370 | €31,911 | +€1,541 | +5.1% |
| Amounts payable within one year | 42/48 | €55,930 | €57,667 | +€1,736 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €29,992 | €21,204 | -€8,787 | -29.3% |
| Financial debts | 43 | €2,334 | - | -€2,334 | |
| Credit institutions | 430/8 | €2,334 | - | -€2,334 | |
| Trade debts | 44 | €7,238 | €8,011 | +€773 | +10.7% |
| Suppliers | 440/4 | €7,238 | €8,011 | +€773 | +10.7% |
| Taxes, remuneration and social security | 45 | €16,366 | €28,451 | +€12,085 | +73.8% |
| Taxes | 450/3 | €16,107 | €28,451 | +€12,344 | +76.6% |
| Remuneration and social security | 454/9 | €260 | - | -€260 | |
| Accrued charges and deferred income | 492/3 | €864 | €936 | +€72 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,427 | €6,707 | -€720 | -9.7% |
| Other operating charges | 640/8 | €6,300 | €183 | -€6,117 | -97.1% |
| Gross operating margin | 9900 | -€4,068 | €40,255 | +€44,323 | |
| Operating profit (loss) | 9901 | -€17,796 | €33,364 | +€51,160 | |
| Financial income | 75/76B | €1,119 | - | -€1,119 | |
| Recurring financial income | 75 | €1,119 | - | -€1,119 | |
| Financial charges | 65/66B | €5,992 | €4,698 | -€1,294 | -21.6% |
| Recurring financial charges | 65 | €5,992 | €4,698 | -€1,294 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,669 | €28,666 | +€51,335 | |
| Income taxes | 67/77 | €140 | €6,451 | +€6,312 | +4,521% |
| Profit (loss) for the period | 9904 | -€22,808 | €22,215 | +€45,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,808 | €22,215 | +€45,023 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.