TALMASSE: 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.
TALMASSE
Largest movements
- Cash +€879,222
up €879,222 (+274%), from €320,424 to €1.2m
mainly Current investments (+€800,000) and Net result for the year (+€382,692)
- Current investments -€800,000
down €800,000 (-61.5%), from €1.3m to €500,000
- Tangible fixed assets +€50,099
up €50,099 (+3,006%), from €1,666 to €51,766
- Receivables within one year +€26,788
up €26,788 (+46.1%), from €58,146 to €84,935
of which Trade receivables: +€46,788
- Other debts +€262,109
up €262,109 (+122%), from €215,169 to €477,278
- Reserves -€80,602
down €80,602 (-4.8%), from €1.7m to €1.6m
- Tax, wage and social debts -€23,269
down €23,269 (-74.6%), from €31,210 to €7,941
of which Taxes: -€23,269
- Financial income -€89,610
down €89,610 (-19.5%), from €460,657 to €371,046
- Depreciation +€10,519
up €10,519 (+14,979%), from €70 to €10,590
- Gross operating margin +€6,648
up €6,648 (+8.2%), from €80,672 to €87,320
- Taxes -€955
down €955 (-1.5%), from €64,397 to €63,442
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 | €1,971,696 | €2,127,249 | +€155,554 | +7.9% |
| Fixed assets | 21/28 | €292,186 | €342,286 | +€50,099 | +17.1% |
| Tangible fixed assets | 22/27 | €1,666 | €51,766 | +€50,099 | +3,006% |
| Furniture and vehicles | 24 | €1,666 | €51,766 | +€50,099 | +3,006% |
| Financial fixed assets | 28 | €290,520 | €290,520 | = | 0.0% |
| Current assets | 29/58 | €1,679,509 | €1,784,963 | +€105,454 | +6.3% |
| Amounts receivable within one year | 40/41 | €58,146 | €84,935 | +€26,788 | +46.1% |
| Trade receivables | 40 | €38,146 | €84,935 | +€46,788 | +123% |
| Other amounts receivable | 41 | €20,000 | €0 | -€20,000 | -100% |
| Current investments | 50/53 | €1,300,000 | €500,000 | -€800,000 | -61.5% |
| Cash at bank and in hand | 54/58 | €320,424 | €1,199,646 | +€879,222 | +274% |
| Deferred charges and accrued income | 490/1 | €939 | €383 | -€556 | -59.2% |
| Total equity and liabilities | 10/49 | €1,971,696 | €2,127,249 | +€155,554 | +7.9% |
| Equity | 10/15 | €1,719,852 | €1,639,251 | -€80,602 | -4.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,689,852 | €1,609,251 | -€80,602 | -4.8% |
| Distributable reserves | 133 | €1,689,852 | €1,609,251 | -€80,602 | -4.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €251,843 | €487,999 | +€236,155 | +93.8% |
| Amounts payable within one year | 42/48 | €251,409 | €487,475 | +€236,065 | +93.9% |
| Trade debts | 44 | €5,031 | €2,255 | -€2,775 | -55.2% |
| Suppliers | 440/4 | €5,031 | €2,255 | -€2,775 | -55.2% |
| Taxes, remuneration and social security | 45 | €31,210 | €7,941 | -€23,269 | -74.6% |
| Taxes | 450/3 | €31,210 | €7,941 | -€23,269 | -74.6% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €215,169 | €477,278 | +€262,109 | +122% |
| Accrued charges and deferred income | 492/3 | €434 | €524 | +€90 | +20.7% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70 | €10,590 | +€10,519 | +14,979% |
| Other operating charges | 640/8 | €1,726 | €1,516 | -€209 | -12.1% |
| Gross operating margin | 9900 | €80,672 | €87,320 | +€6,648 | +8.2% |
| Operating profit (loss) | 9901 | €78,876 | €75,214 | -€3,662 | -4.6% |
| Financial income | 75/76B | €460,657 | €371,046 | -€89,610 | -19.5% |
| Recurring financial income | 75 | €460,657 | €371,046 | -€89,610 | -19.5% |
| Financial charges | 65/66B | €530 | €126 | -€404 | -76.2% |
| Recurring financial charges | 65 | €530 | €126 | -€404 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | €539,003 | €446,134 | -€92,869 | -17.2% |
| Income taxes | 67/77 | €64,397 | €63,442 | -€955 | -1.5% |
| Profit (loss) for the period | 9904 | €474,606 | €382,692 | -€91,914 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €474,606 | €382,692 | -€91,914 | -19.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.