Talentbay: 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.
What changed
Talentbay
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€254,824
2024 · €207,095+€47,729
Equity
€1.7m
2024 · €1.4m+€254,824
Cash
€11,423
2024 · €55,729-€44,306
Balance sheet total
€3.9m
2024 · €3.9m-€16,970
Largest movements
Assets
- Cash -€44,306
down €44,306 (-79.5%), from €55,729 to €11,423
mainly Tax, wage and social debts (-€128,071) and Trade debts (-€126,789)
Equity and liabilities
- Reserves +€254,890
up €254,890 (+18.7%), from €1.4m to €1.6m
of which Distributable reserves: +€217,000
- Tax, wage and social debts -€128,071
down €128,071 (-64.9%), from €197,384 to €69,313
of which Taxes: -€115,310
- Trade debts -€126,789
down €126,789 (-5.7%), from €2.2m to €2.1m
Income statement
- Turnover -€1.1m
down €1.1m (-6.6%), from €17.2m to €16.0m
- Purchases and services -€1.1m
down €1.1m (-6.5%), from €16.4m to €15.4m
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.
Result 2024
€207,095
Gross operating margin
-€29,860
Staff costs
+€98,522
Depreciation
+€158
Write-downs
-€2,091
Other operating charges
+€173
Financial income
+€3,462
Financial charges
-€1,642
Taxes
-€20,993
Result 2025
€254,824
raises the resultlowers the result
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.
From operations
-€44,306
Investment
€0
Financing
€0
Cash 2024
€55,729
From operations (derived)
-€44,306
Net result for the year
+€254,824
Depreciation
+€8,791
Receivables within one year
-€26,209
Deferred charges and accrued income
-€9,918
Provisions
+€2,091
Trade debts
-€126,789
Tax, wage and social debts
-€128,071
Other debts
+€9,000
Accrued charges and deferred income
-€28,026
Cash 2025
€11,423
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,891,780 | €3,874,809 | -€16,970 | -0.4% |
| Fixed assets | 21/28 | €17,529 | €8,738 | -€8,791 | -50.2% |
| Tangible fixed assets | 22/27 | €17,529 | €8,738 | -€8,791 | -50.2% |
| Plant, machinery and equipment | 23 | €5,597 | €2,835 | -€2,762 | -49.3% |
| Furniture and vehicles | 24 | €7,795 | €5,007 | -€2,789 | -35.8% |
| Other tangible fixed assets | 26 | €4,137 | €897 | -€3,241 | -78.3% |
| Current assets | 29/58 | €3,874,250 | €3,866,071 | -€8,179 | -0.2% |
| Amounts receivable within one year | 40/41 | €3,791,869 | €3,818,078 | +€26,209 | +0.7% |
| Trade receivables | 40 | €3,230,868 | €2,815,459 | -€415,409 | -12.9% |
| Other amounts receivable | 41 | €561,001 | €1,002,619 | +€441,618 | +78.7% |
| Cash at bank and in hand | 54/58 | €55,729 | €11,423 | -€44,306 | -79.5% |
| Deferred charges and accrued income | 490/1 | €26,652 | €36,570 | +€9,918 | +37.2% |
| Total equity and liabilities | 10/49 | €3,891,780 | €3,874,809 | -€16,970 | -0.4% |
| Equity | 10/15 | €1,428,629 | €1,683,454 | +€254,824 | +17.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,365,650 | €1,620,540 | +€254,890 | +18.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €189,450 | €227,340 | +€37,890 | +20.0% |
| Distributable reserves | 133 | €1,170,000 | €1,387,000 | +€217,000 | +18.5% |
| Profit (loss) carried forward | 14 | €979 | €914 | -€66 | -6.7% |
| Provisions and deferred taxes | 16 | - | €2,091 | +€2,091 | |
| Provisions for liabilities and charges | 160/5 | - | €2,091 | +€2,091 | |
| Pensions and similar obligations | 160 | - | €2,091 | +€2,091 | |
| Amounts payable | 17/49 | €2,463,150 | €2,189,264 | -€273,886 | -11.1% |
| Amounts payable within one year | 42/48 | €2,435,125 | €2,189,264 | -€245,860 | -10.1% |
| Trade debts | 44 | €2,237,741 | €2,110,952 | -€126,789 | -5.7% |
| Suppliers | 440/4 | €2,237,741 | €2,110,952 | -€126,789 | -5.7% |
| Taxes, remuneration and social security | 45 | €197,384 | €69,313 | -€128,071 | -64.9% |
| Taxes | 450/3 | €132,702 | €17,392 | -€115,310 | -86.9% |
| Remuneration and social security | 454/9 | €64,682 | €51,921 | -€12,761 | -19.7% |
| Other amounts payable | 47/48 | - | €9,000 | +€9,000 | |
| Accrued charges and deferred income | 492/3 | €28,026 | - | -€28,026 | |
| Turnover | 70 | €17,163,812 | €16,038,814 | -€1.1m | -6.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €16,436,879 | €15,365,014 | -€1.1m | -6.5% |
| Remuneration, social security and pensions | 62 | €464,143 | €365,621 | -€98,522 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,949 | €8,791 | -€158 | -1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,091 | +€2,091 | |
| Other operating charges | 640/8 | €2,734 | €2,561 | -€173 | -6.3% |
| Gross operating margin | 9900 | €758,258 | €728,398 | -€29,860 | -3.9% |
| Operating profit (loss) | 9901 | €282,431 | €349,333 | +€66,903 | +23.7% |
| Financial income | 75/76B | €3,425 | €6,887 | +€3,462 | +101% |
| Recurring financial income | 75 | €3,425 | €6,887 | +€3,462 | +101% |
| Financial charges | 65/66B | €4,693 | €6,335 | +€1,642 | +35.0% |
| Recurring financial charges | 65 | €4,693 | €6,335 | +€1,642 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €281,164 | €349,886 | +€68,723 | +24.4% |
| Income taxes | 67/77 | €74,069 | €95,062 | +€20,993 | +28.3% |
| Profit (loss) for the period | 9904 | €207,095 | €254,824 | +€47,729 | +23.0% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €37,890 | -€46,310 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €122,895 | €216,934 | +€94,039 | +76.5% |
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 20 October 2026 via checked.be.