TALLPACK INTERNATIONAL: 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.
TALLPACK INTERNATIONAL
Largest movements
- Receivables within one year -€277,775
down €277,775 (-31.7%), from €876,897 to €599,121
of which Trade receivables: -€162,263
- Stocks and contracts -€59,307
no longer reported in 2025 (was €59,307)
- Cash +€32,885
up €32,885 (+494%), from €6,663 to €39,548
mainly Receivables within one year (+€277,775) and Other debts (+€77,118)
- Tangible fixed assets -€11,473
down €11,473 (-24.8%), from €46,262 to €34,789
of which Plant, machinery and equipment: -€9,189
- Advances received -€180,000
no longer reported in 2025 (was €180,000)
- Trade debts -€131,416
down €131,416 (-85.8%), from €153,191 to €21,775
- Other debts +€77,118
new in 2025: €77,118
- Tax, wage and social debts -€46,856
down €46,856 (-39.9%), from €117,459 to €70,604
of which Taxes: -€27,465
- Profit (loss) carried forward -€30,524
down €30,524 (-6.7%), from €455,167 to €424,643
- Gross operating margin -€122,534
down €122,534 (-16.3%), from €751,707 to €629,172
- Staff costs -€32,862
down €32,862 (-5.1%), from €646,726 to €613,864
- Taxes -€21,988
down €21,988 (-94.0%), from €23,380 to €1,391
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 | €1,012,108 | €699,140 | -€312,968 | -30.9% |
| Fixed assets | 21/28 | €46,262 | €34,789 | -€11,473 | -24.8% |
| Tangible fixed assets | 22/27 | €46,262 | €34,789 | -€11,473 | -24.8% |
| Plant, machinery and equipment | 23 | €35,206 | €26,016 | -€9,189 | -26.1% |
| Furniture and vehicles | 24 | €11,056 | €8,773 | -€2,283 | -20.7% |
| Current assets | 29/58 | €965,846 | €664,351 | -€301,495 | -31.2% |
| Stocks and contracts in progress | 3 | €59,307 | - | -€59,307 | |
| Stocks | 30/36 | €59,307 | - | -€59,307 | |
| Amounts receivable within one year | 40/41 | €876,897 | €599,121 | -€277,775 | -31.7% |
| Trade receivables | 40 | €716,107 | €553,844 | -€162,263 | -22.7% |
| Other amounts receivable | 41 | €160,790 | €45,277 | -€115,513 | -71.8% |
| Cash at bank and in hand | 54/58 | €6,663 | €39,548 | +€32,885 | +494% |
| Deferred charges and accrued income | 490/1 | €22,979 | €25,681 | +€2,702 | +11.8% |
| Total equity and liabilities | 10/49 | €1,012,108 | €699,140 | -€312,968 | -30.9% |
| Equity | 10/15 | €554,167 | €523,643 | -€30,524 | -5.5% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €455,167 | €424,643 | -€30,524 | -6.7% |
| Amounts payable | 17/49 | €457,941 | €175,497 | -€282,444 | -61.7% |
| Amounts payable within one year | 42/48 | €450,651 | €169,497 | -€281,154 | -62.4% |
| Trade debts | 44 | €153,191 | €21,775 | -€131,416 | -85.8% |
| Suppliers | 440/4 | €153,191 | €21,775 | -€131,416 | -85.8% |
| Advances received on contracts in progress | 46 | €180,000 | - | -€180,000 | |
| Taxes, remuneration and social security | 45 | €117,459 | €70,604 | -€46,856 | -39.9% |
| Taxes | 450/3 | €27,520 | €56 | -€27,465 | -99.8% |
| Remuneration and social security | 454/9 | €89,939 | €70,548 | -€19,391 | -21.6% |
| Other amounts payable | 47/48 | - | €77,118 | +€77,118 | |
| Accrued charges and deferred income | 492/3 | €7,290 | €6,000 | -€1,290 | -17.7% |
| Remuneration, social security and pensions | 62 | €646,726 | €613,864 | -€32,862 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,570 | €22,460 | +€890 | +4.1% |
| Other operating charges | 640/8 | €9,309 | €9,627 | +€318 | +3.4% |
| Gross operating margin | 9900 | €751,707 | €629,172 | -€122,534 | -16.3% |
| Operating profit (loss) | 9901 | €74,101 | -€16,778 | -€90,879 | |
| Financial charges | 65/66B | €10,633 | €12,355 | +€1,722 | +16.2% |
| Recurring financial charges | 65 | €10,633 | €12,355 | +€1,722 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €63,469 | -€29,133 | -€92,601 | |
| Income taxes | 67/77 | €23,380 | €1,391 | -€21,988 | -94.0% |
| Profit (loss) for the period | 9904 | €40,089 | -€30,524 | -€70,613 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,089 | -€30,524 | -€70,613 |
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 19 October 2026 via checked.be.