Talking Objects: 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.
Talking Objects
Largest movements
- Tangible fixed assets +€413,968
up €413,968 (+131,327%), from €315 to €414,284
of which Land and buildings: +€414,284
- Cash -€25,447
down €25,447 (-34.5%), from €73,669 to €48,222
mainly Investment in fixed assets (net) (-€471,658) and Contributions, distributions and other (-€100,000)
- Receivables within one year +€17,813
up €17,813 (+20.4%), from €87,325 to €105,138
of which Trade receivables: +€30,504
- Debts after one year +€346,911
up €346,911 (+3,469%), from €10,000 to €356,911
- Other debts +€35,655
up €35,655 (+54.2%), from €65,807 to €101,462
- Reserves +€32,264
up €32,264 (+59.8%), from €53,983 to €86,246
- Trade debts -€26,391
down €26,391 (-95.6%), from €27,610 to €1,220
- Current portion of long-term debt +€14,017
up €14,017 (+140%), from €10,000 to €24,017
- Gross operating margin +€81,163
up €81,163 (+57.5%), from €141,112 to €222,275
- Depreciation +€58,514
up €58,514 (+1,236%), from €4,736 to €63,250
- Financial charges +€10,191
up €10,191 (+2,185%), from €466 to €10,657
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 | €191,514 | €592,111 | +€400,597 | +209% |
| Fixed assets | 21/28 | €30,343 | €438,751 | +€408,408 | +1,346% |
| Intangible fixed assets | 21 | €26,947 | €24,467 | -€2,480 | -9.2% |
| Tangible fixed assets | 22/27 | €315 | €414,284 | +€413,968 | +131,327% |
| Land and buildings | 22 | - | €414,284 | +€414,284 | |
| Plant, machinery and equipment | 23 | €315 | - | -€315 | |
| Financial fixed assets | 28 | €3,080 | - | -€3,080 | |
| Current assets | 29/58 | €161,171 | €153,360 | -€7,811 | -4.8% |
| Amounts receivable within one year | 40/41 | €87,325 | €105,138 | +€17,813 | +20.4% |
| Trade receivables | 40 | €68,763 | €99,268 | +€30,504 | +44.4% |
| Other amounts receivable | 41 | €18,562 | €5,870 | -€12,692 | -68.4% |
| Cash at bank and in hand | 54/58 | €73,669 | €48,222 | -€25,447 | -34.5% |
| Deferred charges and accrued income | 490/1 | €177 | - | -€177 | |
| Total equity and liabilities | 10/49 | €191,514 | €592,111 | +€400,597 | +209% |
| Equity | 10/15 | €59,983 | €92,246 | +€32,264 | +53.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €53,983 | €86,246 | +€32,264 | +59.8% |
| Distributable reserves | 133 | €53,983 | €86,246 | +€32,264 | +59.8% |
| Amounts payable | 17/49 | €131,531 | €499,865 | +€368,333 | +280% |
| Amounts payable after more than one year | 17 | €10,000 | €356,911 | +€346,911 | +3,469% |
| Financial debts | 170/4 | €10,000 | €356,911 | +€346,911 | +3,469% |
| Amounts payable within one year | 42/48 | €121,375 | €142,875 | +€21,500 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €24,017 | +€14,017 | +140% |
| Trade debts | 44 | €27,610 | €1,220 | -€26,391 | -95.6% |
| Suppliers | 440/4 | €27,610 | €1,220 | -€26,391 | -95.6% |
| Taxes, remuneration and social security | 45 | €17,957 | €16,177 | -€1,781 | -9.9% |
| Taxes | 450/3 | €17,957 | €16,177 | -€1,781 | -9.9% |
| Other amounts payable | 47/48 | €65,807 | €101,462 | +€35,655 | +54.2% |
| Accrued charges and deferred income | 492/3 | €157 | €78 | -€78 | -50.0% |
| Remuneration, social security and pensions | 62 | €33 | - | -€33 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,736 | €63,250 | +€58,514 | +1,236% |
| Other operating charges | 640/8 | €3,494 | €3,730 | +€236 | +6.8% |
| Gross operating margin | 9900 | €141,112 | €222,275 | +€81,163 | +57.5% |
| Operating profit (loss) | 9901 | €132,849 | €155,295 | +€22,446 | +16.9% |
| Financial charges | 65/66B | €466 | €10,657 | +€10,191 | +2,185% |
| Recurring financial charges | 65 | €466 | €10,657 | +€10,191 | +2,185% |
| Profit (loss) for the period before taxes | 9903 | €132,383 | €144,638 | +€12,255 | +9.3% |
| Income taxes | 67/77 | €13,703 | €12,374 | -€1,328 | -9.7% |
| Profit (loss) for the period | 9904 | €118,680 | €132,264 | +€13,583 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €118,680 | €132,264 | +€13,583 | +11.4% |
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 14 October 2026 via checked.be.