TALENTO: what changed
What changed
TALENTO
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€69,495
2023 · €48,261+€21,234
Equity
€311,563
2023 · €242,068+€69,495
Cash
€7,732
2023 · €11,201-€3,469
Balance sheet total
€1.5m
2023 · €1.1m+€324,458
Largest movements
Assets
- Tangible fixed assets +€203,927
up €203,927 (+27.0%), from €754,860 to €958,787
of which Assets under construction and advance payments: +€244,321
- Receivables within one year +€115,565
up €115,565 (+79.8%), from €144,810 to €260,375
of which Other amounts receivable: +€112,981
Equity and liabilities
- Debts after one year +€125,038
up €125,038 (+28.2%), from €443,719 to €568,757
- Advances received +€120,485
up €120,485 (+40.0%), from €301,330 to €421,815
- Reserves +€69,495
up €69,495 (+31.1%), from €223,476 to €292,971
- Tax, wage and social debts +€32,200
up €32,200 (+45.4%), from €70,981 to €103,181
of which Taxes: +€29,190
- Other debts -€27,530
down €27,530 (-100%), from €27,530 to €0
Income statement
- Other operating charges -€34,984
down €34,984 (-98.3%), from €35,606 to €622
- Staff costs +€31,608
up €31,608 (+160%), from €19,774 to €51,382
- Gross operating margin +€14,467
up €14,467 (+8.1%), from €179,365 to €193,832
- Taxes +€11,393
up €11,393 (+55.3%), from €20,592 to €31,985
- Financial income +€8,740
up €8,740 (+85.7%), from €10,200 to €18,940
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.
Result 2023
€48,261
Gross operating margin
+€14,467
Staff costs
-€31,608
Depreciation
+€5,273
Other operating charges
+€34,984
Financial income
+€8,740
Financial charges
+€773
Taxes
-€11,393
Result 2024
€69,495
raises the resultlowers the result
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.
From operations
+€125,255
Investment
-€254,483
Financing
+€125,759
Cash 2023
€11,201
From operations (derived)
+€125,255
Net result for the year
+€69,495
Depreciation
+€50,556
Receivables within one year
-€115,565
Deferred charges and accrued income
-€8,435
Trade debts
+€4,049
Tax, wage and social debts
+€32,200
Advances received
+€120,485
Other debts
-€27,530
Investment (derived)
-€254,483
Investment in fixed assets (net)
-€254,483
Financing
+€125,759
Debts after one year
+€125,038
Current portion of long-term debt
+€722
Cash 2024
€7,732
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,143,727 | €1,468,185 | +€324,458 | +28.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €754,860 | €958,787 | +€203,927 | +27.0% |
| Tangible fixed assets | 22/27 | €754,860 | €958,787 | +€203,927 | +27.0% |
| Land and buildings | 22 | €566,928 | €562,704 | -€4,223 | -0.7% |
| Plant, machinery and equipment | 23 | €57,439 | €57,332 | -€107 | -0.2% |
| Furniture and vehicles | 24 | €110,908 | €74,846 | -€36,063 | -32.5% |
| Other tangible fixed assets | 26 | €3,000 | €3,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | €16,585 | €260,905 | +€244,321 | +1,473% |
| Current assets | 29/58 | €388,867 | €509,398 | +€120,531 | +31.0% |
| Amounts receivable after more than one year | 29 | €220,000 | €220,000 | = | 0.0% |
| Other amounts receivable | 291 | €220,000 | €220,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €144,810 | €260,375 | +€115,565 | +79.8% |
| Trade receivables | 40 | €197 | €2,781 | +€2,584 | +1,309% |
| Other amounts receivable | 41 | €144,613 | €257,594 | +€112,981 | +78.1% |
| Cash at bank and in hand | 54/58 | €11,201 | €7,732 | -€3,469 | -31.0% |
| Deferred charges and accrued income | 490/1 | €12,856 | €21,291 | +€8,435 | +65.6% |
| Total equity and liabilities | 10/49 | €1,143,727 | €1,468,185 | +€324,458 | +28.4% |
| Equity | 10/15 | €242,068 | €311,563 | +€69,495 | +28.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €223,476 | €292,971 | +€69,495 | +31.1% |
| Distributable reserves | 133 | €223,476 | €292,971 | +€69,495 | +31.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €901,660 | €1,156,623 | +€254,963 | +28.3% |
| Amounts payable after more than one year | 17 | €443,719 | €568,757 | +€125,038 | +28.2% |
| Financial debts | 170/4 | €443,719 | €568,757 | +€125,038 | +28.2% |
| Amounts payable within one year | 42/48 | €457,941 | €587,866 | +€129,925 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €51,958 | €52,680 | +€722 | +1.4% |
| Trade debts | 44 | €6,142 | €10,190 | +€4,049 | +65.9% |
| Suppliers | 440/4 | €6,142 | €10,190 | +€4,049 | +65.9% |
| Advances received on contracts in progress | 46 | €301,330 | €421,815 | +€120,485 | +40.0% |
| Taxes, remuneration and social security | 45 | €70,981 | €103,181 | +€32,200 | +45.4% |
| Taxes | 450/3 | €67,662 | €96,853 | +€29,190 | +43.1% |
| Remuneration and social security | 454/9 | €3,318 | €6,328 | +€3,010 | +90.7% |
| Other amounts payable | 47/48 | €27,530 | €0 | -€27,530 | -100% |
| Remuneration, social security and pensions | 62 | €19,774 | €51,382 | +€31,608 | +160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,829 | €50,556 | -€5,273 | -9.4% |
| Other operating charges | 640/8 | €35,606 | €622 | -€34,984 | -98.3% |
| Gross operating margin | 9900 | €179,365 | €193,832 | +€14,467 | +8.1% |
| Operating profit (loss) | 9901 | €68,157 | €91,272 | +€23,115 | +33.9% |
| Financial income | 75/76B | €10,200 | €18,940 | +€8,740 | +85.7% |
| Recurring financial income | 75 | €10,200 | €18,940 | +€8,740 | +85.7% |
| Financial charges | 65/66B | €9,503 | €8,731 | -€773 | -8.1% |
| Recurring financial charges | 65 | €9,503 | €8,731 | -€773 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €68,853 | €101,480 | +€32,627 | +47.4% |
| Income taxes | 67/77 | €20,592 | €31,985 | +€11,393 | +55.3% |
| Profit (loss) for the period | 9904 | €48,261 | €69,495 | +€21,234 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,261 | €69,495 | +€21,234 | +44.0% |
Next steps
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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 1 November 2026 via checked.be.