Talk Talk: what changed
Two fiscal 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.
Talk Talk
Largest movements
- Receivables within one year +€7,500
up €7,500, from €0 to €7,500
of which Trade receivables: +€7,500
- Cash +€2,639
up €2,639 (+12.8%), from €20,638 to €23,277
mainly Depreciation (+€9,394) and Advances received (+€9,075)
- Tangible fixed assets -€1,953
down €1,953 (-7.2%), from €26,967 to €25,014
- Advances received +€9,075
new in 2025: €9,075
- Tax, wage and social debts -€7,270
down €7,270 (-50.1%), from €14,498 to €7,228
- Reserves +€6,052
up €6,052 (+22.6%), from €26,808 to €32,860
- Other debts +€779
up €779 (+60.5%), from €1,287 to €2,066
- Gross operating margin -€6,465
down €6,465 (-25.1%), from €25,766 to €19,301
- Taxes -€1,252
down €1,252 (-35.2%), from €3,554 to €2,302
- Depreciation +€558
up €558 (+6.3%), from €8,836 to €9,394
- Other operating charges +€393
up €393 (+34.9%), from €1,126 to €1,519
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.
Cash bridge derived
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 | €47,605 | €55,871 | +€8,267 | +17.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €26,967 | €25,014 | -€1,953 | -7.2% |
| Tangible fixed assets | 22/27 | €26,967 | €25,014 | -€1,953 | -7.2% |
| Furniture and vehicles | 24 | €26,967 | €25,014 | -€1,953 | -7.2% |
| Current assets | 29/58 | €20,638 | €30,858 | +€10,220 | +49.5% |
| Amounts receivable within one year | 40/41 | €0 | €7,500 | +€7,500 | |
| Trade receivables | 40 | €0 | €7,500 | +€7,500 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €20,638 | €23,277 | +€2,639 | +12.8% |
| Deferred charges and accrued income | 490/1 | - | €81 | +€81 | |
| Total equity and liabilities | 10/49 | €47,605 | €55,871 | +€8,267 | +17.4% |
| Equity | 10/15 | €30,808 | €36,860 | +€6,052 | +19.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €26,808 | €32,860 | +€6,052 | +22.6% |
| Distributable reserves | 133 | €26,808 | €32,860 | +€6,052 | +22.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,797 | €19,012 | +€2,215 | +13.2% |
| Amounts payable within one year | 42/48 | €16,797 | €19,012 | +€2,215 | +13.2% |
| Trade debts | 44 | €1,011 | €642 | -€369 | -36.5% |
| Suppliers | 440/4 | €1,011 | €642 | -€369 | -36.5% |
| Advances received on contracts in progress | 46 | - | €9,075 | +€9,075 | |
| Taxes, remuneration and social security | 45 | €14,498 | €7,228 | -€7,270 | -50.1% |
| Taxes | 450/3 | €14,498 | €7,228 | -€7,270 | -50.1% |
| Other amounts payable | 47/48 | €1,287 | €2,066 | +€779 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,836 | €9,394 | +€558 | +6.3% |
| Other operating charges | 640/8 | €1,126 | €1,519 | +€393 | +34.9% |
| Gross operating margin | 9900 | €25,766 | €19,301 | -€6,465 | -25.1% |
| Operating profit (loss) | 9901 | €15,804 | €8,388 | -€7,416 | -46.9% |
| Financial income | 75/76B | €15 | €27 | +€12 | +79.3% |
| Recurring financial income | 75 | €15 | €27 | +€12 | +79.3% |
| Financial charges | 65/66B | €178 | €62 | -€116 | -65.3% |
| Recurring financial charges | 65 | €178 | €62 | -€116 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | €15,642 | €8,354 | -€7,288 | -46.6% |
| Income taxes | 67/77 | €3,554 | €2,302 | -€1,252 | -35.2% |
| Profit (loss) for the period | 9904 | €12,088 | €6,052 | -€6,036 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,088 | €6,052 | -€6,036 | -49.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.