TALIS: 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.
TALIS
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+81.1%), from €1.3m to €2.4m
of which Other amounts receivable: +€1.1m
- Deferred charges and accrued income -€225,352
down €225,352 (-96.9%), from €232,549 to €7,197
- Cash -€30,770
down €30,770 (-11.0%), from €280,267 to €249,497
mainly Receivables within one year (-€1.1m) and Investment in fixed assets (net) (-€66,978)
- Reserves +€630,613
up €630,613 (+39.6%), from €1.6m to €2.2m
of which Distributable reserves: +€630,613
- Other debts +€131,446
new in 2025: €131,446
- Trade debts +€49,870
up €49,870 (+87.6%), from €56,900 to €106,770
- Gross operating margin +€264,848
up €264,848 (+22.6%), from €1.2m to €1.4m
- Taxes +€128,917
up €128,917 (+80.3%), from €160,532 to €289,449
- Staff costs -€42,583
down €42,583 (-15.9%), from €267,522 to €224,939
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 | €2,023,446 | €2,847,310 | +€823,864 | +40.7% |
| Fixed assets | 21/28 | €208,474 | €233,670 | +€25,195 | +12.1% |
| Tangible fixed assets | 22/27 | €133,314 | €158,510 | +€25,195 | +18.9% |
| Land and buildings | 22 | €8,973 | €9,289 | +€316 | +3.5% |
| Plant, machinery and equipment | 23 | €114,718 | €141,275 | +€26,557 | +23.2% |
| Furniture and vehicles | 24 | €9,623 | €7,945 | -€1,678 | -17.4% |
| Financial fixed assets | 28 | €75,160 | €75,160 | = | 0.0% |
| Current assets | 29/58 | €1,814,972 | €2,613,641 | +€798,669 | +44.0% |
| Stocks and contracts in progress | 3 | €1,877 | €1,700 | -€177 | -9.4% |
| Stocks | 30/36 | €1,877 | €1,700 | -€177 | -9.4% |
| Amounts receivable within one year | 40/41 | €1,300,279 | €2,355,246 | +€1.1m | +81.1% |
| Trade receivables | 40 | €85 | €0 | -€85 | -100% |
| Other amounts receivable | 41 | €1,300,194 | €2,355,246 | +€1.1m | +81.1% |
| Cash at bank and in hand | 54/58 | €280,267 | €249,497 | -€30,770 | -11.0% |
| Deferred charges and accrued income | 490/1 | €232,549 | €7,197 | -€225,352 | -96.9% |
| Total equity and liabilities | 10/49 | €2,023,446 | €2,847,310 | +€823,864 | +40.7% |
| Equity | 10/15 | €1,930,852 | €2,561,465 | +€630,613 | +32.7% |
| Contributions | 10/11 | €338,592 | €338,592 | = | 0.0% |
| Reserves | 13 | €1,592,260 | €2,222,873 | +€630,613 | +39.6% |
| Non-distributable reserves | 130/1 | €33,859 | €33,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €33,859 | €33,859 | = | 0.0% |
| Distributable reserves | 133 | €1,558,400 | €2,189,013 | +€630,613 | +40.5% |
| Amounts payable | 17/49 | €92,595 | €285,846 | +€193,251 | +209% |
| Amounts payable within one year | 42/48 | €88,239 | €281,137 | +€192,899 | +219% |
| Trade debts | 44 | €56,900 | €106,770 | +€49,870 | +87.6% |
| Suppliers | 440/4 | €56,900 | €106,770 | +€49,870 | +87.6% |
| Taxes, remuneration and social security | 45 | €31,339 | €42,921 | +€11,583 | +37.0% |
| Taxes | 450/3 | €16,105 | €35,478 | +€19,373 | +120% |
| Remuneration and social security | 454/9 | €15,233 | €7,443 | -€7,790 | -51.1% |
| Other amounts payable | 47/48 | - | €131,446 | +€131,446 | |
| Accrued charges and deferred income | 492/3 | €4,356 | €4,708 | +€352 | +8.1% |
| Remuneration, social security and pensions | 62 | €267,522 | €224,939 | -€42,583 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,993 | €41,783 | +€3,790 | +10.0% |
| Other operating charges | 640/8 | €236,042 | €246,393 | +€10,350 | +4.4% |
| Gross operating margin | 9900 | €1,169,465 | €1,434,313 | +€264,848 | +22.6% |
| Operating profit (loss) | 9901 | €627,909 | €921,199 | +€293,290 | +46.7% |
| Financial income | 75/76B | €1 | €55 | +€54 | +10,410% |
| Recurring financial income | 75 | €1 | €55 | +€54 | +10,410% |
| Financial charges | 65/66B | €1,158 | €1,191 | +€33 | +2.8% |
| Recurring financial charges | 65 | €1,158 | €1,191 | +€33 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €626,751 | €920,062 | +€293,311 | +46.8% |
| Income taxes | 67/77 | €160,532 | €289,449 | +€128,917 | +80.3% |
| Profit (loss) for the period | 9904 | €466,219 | €630,613 | +€164,394 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €466,219 | €630,613 | +€164,394 | +35.3% |
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.