TALK32: 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.
TALK32
Largest movements
- Cash -€34,412
down €34,412 (-23.2%), from €148,035 to €113,623
mainly Contributions, distributions and other (-€326,721) and Investment in fixed assets (net) (-€6,627)
- Tangible fixed assets -€13,706
down €13,706 (-10.3%), from €133,295 to €119,589
of which Furniture and vehicles: -€11,990
- Receivables within one year -€13,385
down €13,385 (-27.7%), from €48,343 to €34,958
of which Trade receivables: -€33,741
- Profit (loss) carried forward -€174,279
down €174,279 (-98.6%), from €176,721 to €2,442
- Debts after one year +€62,000
up €62,000 (+47.3%), from €131,000 to €193,000
- Tax, wage and social debts +€48,533
up €48,533 (+1489.9%), from €3,257 to €51,791
- Gross operating margin -€23,622
down €23,622 (-9.4%), from €252,503 to €228,881
- Depreciation +€11,024
up €11,024 (+118.4%), from €9,309 to €20,333
- Taxes -€8,410
down €8,410 (-15.5%), from €54,143 to €45,733
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 | €329,672 | €268,170 | -€61,503 | -18.7% |
| Fixed assets | 21/28 | €133,295 | €119,589 | -€13,706 | -10.3% |
| Tangible fixed assets | 22/27 | €133,295 | €119,589 | -€13,706 | -10.3% |
| Land and buildings | 22 | €70,570 | €65,375 | -€5,195 | -7.4% |
| Plant, machinery and equipment | 23 | €5,337 | €8,816 | +€3,479 | +65.2% |
| Furniture and vehicles | 24 | €57,388 | €45,398 | -€11,990 | -20.9% |
| Current assets | 29/58 | €196,378 | €148,580 | -€47,797 | -24.3% |
| Amounts receivable within one year | 40/41 | €48,343 | €34,958 | -€13,385 | -27.7% |
| Trade receivables | 40 | €38,544 | €4,804 | -€33,741 | -87.5% |
| Other amounts receivable | 41 | €9,798 | €30,154 | +€20,356 | +207.8% |
| Cash at bank and in hand | 54/58 | €148,035 | €113,623 | -€34,412 | -23.2% |
| Total equity and liabilities | 10/49 | €329,672 | €268,170 | -€61,503 | -18.7% |
| Equity | 10/15 | €195,321 | €21,042 | -€174,279 | -89.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,721 | €2,442 | -€174,279 | -98.6% |
| Amounts payable | 17/49 | €134,352 | €247,128 | +€112,776 | +83.9% |
| Amounts payable after more than one year | 17 | €131,000 | €193,000 | +€62,000 | +47.3% |
| Financial debts | 170/4 | €131,000 | €193,000 | +€62,000 | +47.3% |
| Amounts payable within one year | 42/48 | €3,352 | €54,128 | +€50,776 | +1514.9% |
| Financial debts | 43 | €0 | €1,695 | +€1,695 | +345867.3% |
| Credit institutions | 430/8 | €0 | €1,695 | +€1,695 | +345867.3% |
| Taxes, remuneration and social security | 45 | €3,257 | €51,791 | +€48,533 | +1489.9% |
| Taxes | 450/3 | €3,257 | €51,791 | +€48,533 | +1489.9% |
| Other amounts payable | 47/48 | €94 | €642 | +€548 | +583.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,309 | €20,333 | +€11,024 | +118.4% |
| Other operating charges | 640/8 | €1,229 | €984 | -€245 | -19.9% |
| Gross operating margin | 9900 | €252,503 | €228,881 | -€23,622 | -9.4% |
| Operating profit (loss) | 9901 | €241,965 | €207,564 | -€34,401 | -14.2% |
| Financial charges | 65/66B | €10,269 | €9,389 | -€879 | -8.6% |
| Recurring financial charges | 65 | €10,269 | €9,389 | -€879 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €231,696 | €198,174 | -€33,522 | -14.5% |
| Income taxes | 67/77 | €54,143 | €45,733 | -€8,410 | -15.5% |
| Profit (loss) for the period | 9904 | €177,554 | €152,442 | -€25,112 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €177,554 | €152,442 | -€25,112 | -14.1% |
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 4 October 2026 via checked.be.