TALIA WAREGEM: 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.
TALIA WAREGEM
Largest movements
- Tangible fixed assets -€32,280
down €32,280 (-32.7%), from €98,842 to €66,562
- Receivables after one year +€13,075
up €13,075 (+8.7%), from €150,000 to €163,075
- Cash -€12,654
down €12,654 (-31.2%), from €40,568 to €27,913
mainly Contributions, distributions and other (-€300,000) and Receivables after one year (-€13,075)
- Receivables within one year +€11,240
up €11,240 (+8.0%), from €139,907 to €151,147
of which Other amounts receivable: +€9,112
- Deferred charges and accrued income -€6,739
down €6,739 (-79.3%), from €8,497 to €1,757
- Reserves -€290,300
down €290,300 (-95.9%), from €302,786 to €12,486
of which Distributable reserves: -€288,300
- Other debts +€255,000
new in 2025: €255,000
- Tax, wage and social debts +€34,167
up €34,167 (+74.8%), from €45,664 to €79,831
of which Taxes: +€34,842
- Trade debts -€12,974
down €12,974 (-24.6%), from €52,792 to €39,818
- Debts after one year -€11,400
down €11,400 (-59.8%), from €19,059 to €7,659
- Gross operating margin -€290,149
down €290,149 (-48.1%), from €602,718 to €312,570
- Staff costs -€144,999
down €144,999 (-36.5%), from €397,058 to €252,059
- Depreciation -€28,179
down €28,179 (-45.8%), from €61,578 to €33,400
- Taxes -€23,862
down €23,862 (-61.3%), from €38,943 to €15,081
- Financial income +€9,297
up €9,297 (+142%), from €6,537 to €15,834
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 | €452,830 | €426,062 | -€26,768 | -5.9% |
| Fixed assets | 21/28 | €98,842 | €66,562 | -€32,280 | -32.7% |
| Tangible fixed assets | 22/27 | €98,842 | €66,562 | -€32,280 | -32.7% |
| Plant, machinery and equipment | 23 | €15,700 | €11,323 | -€4,377 | -27.9% |
| Furniture and vehicles | 24 | €23,450 | €14,474 | -€8,975 | -38.3% |
| Leasing and similar rights | 25 | €32,682 | €18,027 | -€14,655 | -44.8% |
| Other tangible fixed assets | 26 | €27,010 | €22,738 | -€4,273 | -15.8% |
| Current assets | 29/58 | €353,988 | €359,499 | +€5,511 | +1.6% |
| Amounts receivable after more than one year | 29 | €150,000 | €163,075 | +€13,075 | +8.7% |
| Other amounts receivable | 291 | €150,000 | €163,075 | +€13,075 | +8.7% |
| Stocks and contracts in progress | 3 | €15,017 | €15,607 | +€590 | +3.9% |
| Stocks | 30/36 | €15,017 | €15,607 | +€590 | +3.9% |
| Amounts receivable within one year | 40/41 | €139,907 | €151,147 | +€11,240 | +8.0% |
| Trade receivables | 40 | €5,000 | €7,129 | +€2,129 | +42.6% |
| Other amounts receivable | 41 | €134,907 | €144,019 | +€9,112 | +6.8% |
| Cash at bank and in hand | 54/58 | €40,568 | €27,913 | -€12,654 | -31.2% |
| Deferred charges and accrued income | 490/1 | €8,497 | €1,757 | -€6,739 | -79.3% |
| Total equity and liabilities | 10/49 | €452,830 | €426,062 | -€26,768 | -5.9% |
| Equity | 10/15 | €322,786 | €32,486 | -€290,300 | -89.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €302,786 | €12,486 | -€290,300 | -95.9% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100% |
| Distributable reserves | 133 | €300,786 | €12,486 | -€288,300 | -95.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €130,044 | €393,576 | +€263,531 | +203% |
| Amounts payable after more than one year | 17 | €19,059 | €7,659 | -€11,400 | -59.8% |
| Financial debts | 170/4 | €19,059 | €7,659 | -€11,400 | -59.8% |
| Amounts payable within one year | 42/48 | €110,985 | €385,917 | +€274,932 | +248% |
| Current portion of amounts payable after more than one year | 42 | €12,529 | €11,268 | -€1,261 | -10.1% |
| Trade debts | 44 | €52,792 | €39,818 | -€12,974 | -24.6% |
| Suppliers | 440/4 | €52,792 | €39,818 | -€12,974 | -24.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €45,664 | €79,831 | +€34,167 | +74.8% |
| Taxes | 450/3 | €18,749 | €53,592 | +€34,842 | +186% |
| Remuneration and social security | 454/9 | €26,915 | €26,239 | -€676 | -2.5% |
| Other amounts payable | 47/48 | - | €255,000 | +€255,000 | |
| Remuneration, social security and pensions | 62 | €397,058 | €252,059 | -€144,999 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,578 | €33,400 | -€28,179 | -45.8% |
| Other operating charges | 640/8 | €14,707 | €11,578 | -€3,129 | -21.3% |
| Non-recurring operating charges | 66A | €430 | €0 | -€430 | -100% |
| Gross operating margin | 9900 | €602,718 | €312,570 | -€290,149 | -48.1% |
| Operating profit (loss) | 9901 | €128,945 | €15,532 | -€113,413 | -88.0% |
| Financial income | 75/76B | €6,537 | €15,834 | +€9,297 | +142% |
| Recurring financial income | 75 | €6,537 | €15,834 | +€9,297 | +142% |
| Financial charges | 65/66B | €5,325 | €6,584 | +€1,259 | +23.6% |
| Recurring financial charges | 65 | €5,325 | €6,584 | +€1,259 | +23.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €130,157 | €24,782 | -€105,375 | -81.0% |
| Income taxes | 67/77 | €38,943 | €15,081 | -€23,862 | -61.3% |
| Profit (loss) for the period | 9904 | €91,214 | €9,700 | -€81,514 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,214 | €9,700 | -€81,514 | -89.4% |
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 21 October 2026 via checked.be.