TALENTIME: 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.
TALENTIME
Largest movements
- Receivables within one year -€39,914
down €39,914 (-57.2%), from €69,837 to €29,923
of which Other amounts receivable: -€37,724
- Deferred charges and accrued income -€7,963
down €7,963 (-68.4%), from €11,649 to €3,685
- Intangible fixed assets +€7,004
up €7,004 (+111%), from €6,306 to €13,309
- Cash -€3,275
down €3,275 (-17.5%), from €18,732 to €15,457
mainly Contributions, distributions and other (-€70,518) and Trade debts (-€19,227)
- Reserves -€49,188
down €49,188 (-58.8%), from €83,699 to €34,510
of which Distributable reserves: -€49,188
- Trade debts -€19,227
down €19,227 (-79.4%), from €24,207 to €4,980
- Current portion of long-term debt +€11,971
up €11,971 (+7,752%), from €154 to €12,126
- Other debts +€10,100
new in 2025: €10,100
- Tax, wage and social debts -€4,881
down €4,881 (-12.1%), from €40,179 to €35,298
- Gross operating margin +€32,520
up €32,520 (+186%), from €17,518 to €50,038
- Taxes +€7,568
up €7,568 (+213%), from €3,549 to €11,117
- Financial charges +€3,542
up €3,542 (+343%), from €1,033 to €4,574
- Depreciation -€2,525
down €2,525 (-18.8%), from €13,422 to €10,897
- Financial income -€1,856
down €1,856 (-88.9%), from €2,087 to €231
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 | €148,534 | €103,872 | -€44,662 | -30.1% |
| Fixed assets | 21/28 | €38,065 | €45,533 | +€7,468 | +19.6% |
| Intangible fixed assets | 21 | €6,306 | €13,309 | +€7,004 | +111% |
| Tangible fixed assets | 22/27 | €31,447 | €32,224 | +€777 | +2.5% |
| Land and buildings | 22 | €2,321 | €1,510 | -€811 | -34.9% |
| Plant, machinery and equipment | 23 | €818 | €603 | -€215 | -26.3% |
| Furniture and vehicles | 24 | €7,779 | €2,631 | -€5,149 | -66.2% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €20,529 | €27,480 | +€6,950 | +33.9% |
| Financial fixed assets | 28 | €312 | €0 | -€312 | -100% |
| Current assets | 29/58 | €110,469 | €58,339 | -€52,130 | -47.2% |
| Amounts receivable within one year | 40/41 | €69,837 | €29,923 | -€39,914 | -57.2% |
| Trade receivables | 40 | €27,532 | €25,342 | -€2,190 | -8.0% |
| Other amounts receivable | 41 | €42,305 | €4,581 | -€37,724 | -89.2% |
| Current investments | 50/53 | €10,251 | €9,273 | -€978 | -9.5% |
| Cash at bank and in hand | 54/58 | €18,732 | €15,457 | -€3,275 | -17.5% |
| Deferred charges and accrued income | 490/1 | €11,649 | €3,685 | -€7,963 | -68.4% |
| Total equity and liabilities | 10/49 | €148,534 | €103,872 | -€44,662 | -30.1% |
| Equity | 10/15 | €83,993 | €35,510 | -€48,483 | -57.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €83,699 | €34,510 | -€49,188 | -58.8% |
| Tax-exempt reserves | 132 | €2,781 | €2,781 | = | 0.0% |
| Distributable reserves | 133 | €80,918 | €31,730 | -€49,188 | -60.8% |
| Profit (loss) carried forward | 14 | -€706 | €0 | +€706 | |
| Amounts payable | 17/49 | €64,541 | €68,362 | +€3,821 | +5.9% |
| Amounts payable after more than one year | 17 | €0 | €2,059 | +€2,059 | |
| Financial debts | 170/4 | €0 | €2,059 | +€2,059 | |
| Amounts payable within one year | 42/48 | €64,541 | €66,303 | +€1,762 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €154 | €12,126 | +€11,971 | +7,752% |
| Financial debts | 43 | - | €3,799 | +€3,799 | |
| Credit institutions | 430/8 | - | €3,799 | +€3,799 | |
| Trade debts | 44 | €24,207 | €4,980 | -€19,227 | -79.4% |
| Suppliers | 440/4 | €24,207 | €4,980 | -€19,227 | -79.4% |
| Taxes, remuneration and social security | 45 | €40,179 | €35,298 | -€4,881 | -12.1% |
| Taxes | 450/3 | €40,179 | €35,298 | -€4,881 | -12.1% |
| Other amounts payable | 47/48 | - | €10,100 | +€10,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,422 | €10,897 | -€2,525 | -18.8% |
| Other operating charges | 640/8 | €3,208 | €1,646 | -€1,562 | -48.7% |
| Gross operating margin | 9900 | €17,518 | €50,038 | +€32,520 | +186% |
| Operating profit (loss) | 9901 | €888 | €37,495 | +€36,607 | +4,122% |
| Financial income | 75/76B | €2,087 | €231 | -€1,856 | -88.9% |
| Recurring financial income | 75 | €2,087 | €231 | -€1,856 | -88.9% |
| Financial charges | 65/66B | €1,033 | €4,574 | +€3,542 | +343% |
| Recurring financial charges | 65 | €1,033 | €4,574 | +€3,542 | +343% |
| Profit (loss) for the period before taxes | 9903 | €1,943 | €33,152 | +€31,209 | +1,607% |
| Income taxes | 67/77 | €3,549 | €11,117 | +€7,568 | +213% |
| Profit (loss) for the period | 9904 | -€1,606 | €22,035 | +€23,642 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,606 | €22,035 | +€23,642 |
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 13 October 2026 via checked.be.