TalentMatters: 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.
TalentMatters
Largest movements
- Cash +€58,725
up €58,725 (+729%), from €8,059 to €66,784
mainly Net result for the year (+€65,166) and Receivables after one year (+€24,700)
- Tangible fixed assets +€29,788
up €29,788 (+1,448%), from €2,058 to €31,846
of which Other tangible fixed assets: +€29,193
- Receivables after one year -€24,700
no longer reported in 2025 (was €24,700)
- Receivables within one year +€12,425
up €12,425 (+24.1%), from €51,514 to €63,939
of which Trade receivables: +€16,940
- Reserves +€65,160
up €65,160 (+79.1%), from €82,390 to €147,550
- Other debts +€8,566
up €8,566 (+190%), from €4,502 to €13,068
- Tax, wage and social debts +€5,615
up €5,615 (+23.8%), from €23,544 to €29,158
- Trade debts -€2,971
down €2,971 (-67.8%), from €4,385 to €1,414
- Gross operating margin +€54,421
up €54,421 (+122%), from €44,501 to €98,922
- Taxes +€16,500
up €16,500 (+128%), from €12,908 to €29,408
- Depreciation +€2,892
up €2,892 (+578%), from €500 to €3,392
- Financial income -€1,620
down €1,620 (-71.9%), from €2,252 to €632
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 | €117,839 | €194,214 | +€76,375 | +64.8% |
| Fixed assets | 21/28 | €2,058 | €31,846 | +€29,788 | +1,448% |
| Tangible fixed assets | 22/27 | €2,058 | €31,846 | +€29,788 | +1,448% |
| Furniture and vehicles | 24 | €684 | €1,280 | +€595 | +87.0% |
| Other tangible fixed assets | 26 | €1,373 | €30,566 | +€29,193 | +2,126% |
| Current assets | 29/58 | €115,782 | €162,369 | +€46,587 | +40.2% |
| Amounts receivable after more than one year | 29 | €24,700 | - | -€24,700 | |
| Other amounts receivable | 291 | €24,700 | - | -€24,700 | |
| Amounts receivable within one year | 40/41 | €51,514 | €63,939 | +€12,425 | +24.1% |
| Trade receivables | 40 | €46,585 | €63,525 | +€16,940 | +36.4% |
| Other amounts receivable | 41 | €4,929 | €414 | -€4,515 | -91.6% |
| Current investments | 50/53 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,059 | €66,784 | +€58,725 | +729% |
| Deferred charges and accrued income | 490/1 | €1,509 | €1,646 | +€137 | +9.1% |
| Total equity and liabilities | 10/49 | €117,839 | €194,214 | +€76,375 | +64.8% |
| Equity | 10/15 | €85,408 | €150,574 | +€65,166 | +76.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,390 | €147,550 | +€65,160 | +79.1% |
| Distributable reserves | 133 | €82,390 | €147,550 | +€65,160 | +79.1% |
| Profit (loss) carried forward | 14 | €18 | €24 | +€6 | +34.4% |
| Amounts payable | 17/49 | €32,431 | €43,640 | +€11,209 | +34.6% |
| Amounts payable within one year | 42/48 | €32,431 | €43,640 | +€11,209 | +34.6% |
| Trade debts | 44 | €4,385 | €1,414 | -€2,971 | -67.8% |
| Suppliers | 440/4 | €4,385 | €1,414 | -€2,971 | -67.8% |
| Taxes, remuneration and social security | 45 | €23,544 | €29,158 | +€5,615 | +23.8% |
| Taxes | 450/3 | €23,544 | €29,158 | +€5,615 | +23.8% |
| Other amounts payable | 47/48 | €4,502 | €13,068 | +€8,566 | +190% |
| Non-recurring operating income | 76A | €9,714 | - | -€9,714 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €3,392 | +€2,892 | +578% |
| Other operating charges | 640/8 | €68 | €732 | +€664 | +977% |
| Gross operating margin | 9900 | €44,501 | €98,922 | +€54,421 | +122% |
| Operating profit (loss) | 9901 | €43,933 | €94,797 | +€50,865 | +116% |
| Financial income | 75/76B | €2,252 | €632 | -€1,620 | -71.9% |
| Recurring financial income | 75 | €2,252 | €632 | -€1,620 | -71.9% |
| Financial charges | 65/66B | €270 | €856 | +€586 | +217% |
| Recurring financial charges | 65 | €270 | €856 | +€586 | +217% |
| Profit (loss) for the period before taxes | 9903 | €45,915 | €94,574 | +€48,659 | +106% |
| Income taxes | 67/77 | €12,908 | €29,408 | +€16,500 | +128% |
| Profit (loss) for the period | 9904 | €33,008 | €65,166 | +€32,159 | +97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,008 | €65,166 | +€32,159 | +97.4% |
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 14 October 2026 via checked.be.