TALENT PLAN: 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 PLAN
Largest movements
- Tangible fixed assets +€44,747
up €44,747 (+12.9%), from €347,110 to €391,857
of which Furniture and vehicles: +€30,254
- Receivables within one year +€14,697
up €14,697 (+131.6%), from €11,167 to €25,864
of which Other amounts receivable: +€12,669
- Debts after one year +€47,224
up €47,224 (+982.0%), from €4,809 to €52,033
- Current portion of long-term debt +€10,132
up €10,132 (+124.2%), from €8,155 to €18,287
- Gross operating margin -€9,739
down €9,739 (-17.5%), from €55,765 to €46,026
- Depreciation +€1,980
up €1,980 (+4.7%), from €41,815 to €43,795
- Other operating charges -€1,313
down €1,313 (-36.7%), from €3,576 to €2,263
- Financial charges +€1,203
up €1,203 (+171.8%), from €700 to €1,903
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.
Cash bridge derived
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 | €489,169 | €548,097 | +€58,928 | +12.0% |
| Fixed assets | 21/28 | €347,110 | €391,857 | +€44,747 | +12.9% |
| Tangible fixed assets | 22/27 | €347,110 | €391,857 | +€44,747 | +12.9% |
| Land and buildings | 22 | €14,791 | €14,791 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,626 | €18,119 | +€14,493 | +399.7% |
| Furniture and vehicles | 24 | €66,029 | €96,282 | +€30,254 | +45.8% |
| Other tangible fixed assets | 26 | €262,665 | €262,665 | = | 0.0% |
| Current assets | 29/58 | €142,058 | €156,240 | +€14,182 | +10.0% |
| Stocks and contracts in progress | 3 | €122,422 | €122,422 | = | 0.0% |
| Stocks | 30/36 | €122,422 | €122,422 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,167 | €25,864 | +€14,697 | +131.6% |
| Trade receivables | 40 | €10,087 | €12,115 | +€2,028 | +20.1% |
| Other amounts receivable | 41 | €1,080 | €13,749 | +€12,669 | +1172.7% |
| Cash at bank and in hand | 54/58 | €5,524 | €1,510 | -€4,015 | -72.7% |
| Deferred charges and accrued income | 490/1 | €2,945 | €6,444 | +€3,499 | +118.8% |
| Total equity and liabilities | 10/49 | €489,169 | €548,097 | +€58,928 | +12.0% |
| Equity | 10/15 | -€371,287 | -€373,223 | -€1,936 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€379,342 | -€381,278 | -€1,936 | -0.5% |
| Amounts payable | 17/49 | €860,456 | €921,320 | +€60,864 | +7.1% |
| Amounts payable after more than one year | 17 | €4,809 | €52,033 | +€47,224 | +982.0% |
| Financial debts | 170/4 | €4,809 | €52,033 | +€47,224 | +982.0% |
| Amounts payable within one year | 42/48 | €855,647 | €867,307 | +€11,661 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €8,155 | €18,287 | +€10,132 | +124.2% |
| Trade debts | 44 | €1,135 | €2,607 | +€1,472 | +129.7% |
| Suppliers | 440/4 | €1,135 | €2,607 | +€1,472 | +129.7% |
| Other amounts payable | 47/48 | €846,357 | €846,413 | +€56 | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €1,979 | +€1,979 | |
| Non-recurring operating income | 76A | €6,035 | €0 | -€6,035 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,815 | €43,795 | +€1,980 | +4.7% |
| Other operating charges | 640/8 | €3,576 | €2,263 | -€1,313 | -36.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €55,765 | €46,026 | -€9,739 | -17.5% |
| Operating profit (loss) | 9901 | €10,373 | -€33 | -€10,406 | |
| Financial income | 75/76B | €85 | €0 | -€85 | -100.0% |
| Recurring financial income | 75 | €85 | €0 | -€85 | -100.0% |
| Financial charges | 65/66B | €700 | €1,903 | +€1,203 | +171.8% |
| Recurring financial charges | 65 | €700 | €1,903 | +€1,203 | +171.8% |
| Profit (loss) for the period before taxes | 9903 | €9,758 | -€1,936 | -€11,693 | |
| Profit (loss) for the period | 9904 | €9,758 | -€1,936 | -€11,693 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,758 | -€1,936 | -€11,693 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.