Talmisa: 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.
Talmisa
Largest movements
- Tangible fixed assets +€23,467
up €23,467 (+51.5%), from €45,590 to €69,056
of which Furniture and vehicles: +€28,483
- Cash -€22,450
down €22,450 (-32.0%), from €70,061 to €47,611
mainly Investment in fixed assets (net) (-€50,404) and Contributions, distributions and other (-€24,400)
- Receivables within one year +€21,949
up €21,949 (+13.8%), from €158,822 to €180,771
of which Other amounts receivable: +€21,949
- Other debts +€17,581
up €17,581 (+201%), from €8,763 to €26,344
- Debts after one year -€6,465
no longer reported in 2026 (was €6,465)
- Trade debts +€5,800
up €5,800 (+138%), from €4,210 to €10,010
- Tax, wage and social debts +€4,792
up €4,792 (+32.3%), from €14,821 to €19,613
of which Remuneration and social security: +€6,211
- Gross operating margin +€31,204
up €31,204 (+14.7%), from €211,825 to €243,029
- Staff costs +€13,316
up €13,316 (+8.4%), from €159,464 to €172,779
- Depreciation +€5,648
up €5,648 (+26.5%), from €21,289 to €26,937
- Taxes +€3,821
up €3,821 (+43.5%), from €8,785 to €12,606
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,425 | €302,667 | +€23,242 | +8.3% |
| Fixed assets | 21/28 | €45,840 | €69,306 | +€23,467 | +51.2% |
| Tangible fixed assets | 22/27 | €45,590 | €69,056 | +€23,467 | +51.5% |
| Plant, machinery and equipment | 23 | €9,531 | €4,514 | -€5,017 | -52.6% |
| Furniture and vehicles | 24 | €36,059 | €64,542 | +€28,483 | +79.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €233,585 | €233,361 | -€224 | -0.1% |
| Amounts receivable within one year | 40/41 | €158,822 | €180,771 | +€21,949 | +13.8% |
| Trade receivables | 40 | €90 | €90 | = | 0.0% |
| Other amounts receivable | 41 | €158,732 | €180,681 | +€21,949 | +13.8% |
| Cash at bank and in hand | 54/58 | €70,061 | €47,611 | -€22,450 | -32.0% |
| Deferred charges and accrued income | 490/1 | €4,703 | €4,979 | +€276 | +5.9% |
| Total equity and liabilities | 10/49 | €279,425 | €302,667 | +€23,242 | +8.3% |
| Equity | 10/15 | €237,277 | €240,236 | +€2,959 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €218,677 | €221,636 | +€2,959 | +1.4% |
| Distributable reserves | 133 | €218,677 | €221,636 | +€2,959 | +1.4% |
| Amounts payable | 17/49 | €42,148 | €62,431 | +€20,283 | +48.1% |
| Amounts payable after more than one year | 17 | €6,465 | - | -€6,465 | |
| Financial debts | 170/4 | €6,465 | - | -€6,465 | |
| Amounts payable within one year | 42/48 | €35,459 | €62,431 | +€26,973 | +76.1% |
| Current portion of amounts payable after more than one year | 42 | €7,665 | €6,465 | -€1,200 | -15.7% |
| Trade debts | 44 | €4,210 | €10,010 | +€5,800 | +138% |
| Suppliers | 440/4 | €4,210 | €10,010 | +€5,800 | +138% |
| Taxes, remuneration and social security | 45 | €14,821 | €19,613 | +€4,792 | +32.3% |
| Taxes | 450/3 | €1,419 | - | -€1,419 | |
| Remuneration and social security | 454/9 | €13,402 | €19,613 | +€6,211 | +46.3% |
| Other amounts payable | 47/48 | €8,763 | €26,344 | +€17,581 | +201% |
| Accrued charges and deferred income | 492/3 | €224 | - | -€224 | |
| Remuneration, social security and pensions | 62 | €159,464 | €172,779 | +€13,316 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,289 | €26,937 | +€5,648 | +26.5% |
| Other operating charges | 640/8 | €730 | €2,483 | +€1,753 | +240% |
| Gross operating margin | 9900 | €211,825 | €243,029 | +€31,204 | +14.7% |
| Operating profit (loss) | 9901 | €30,342 | €40,829 | +€10,487 | +34.6% |
| Financial income | 75/76B | €0 | €2 | +€2 | +4,100% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +4,100% |
| Financial charges | 65/66B | €972 | €867 | -€106 | -10.9% |
| Recurring financial charges | 65 | €972 | €867 | -€106 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €29,370 | €39,965 | +€10,595 | +36.1% |
| Income taxes | 67/77 | €8,785 | €12,606 | +€3,821 | +43.5% |
| Profit (loss) for the period | 9904 | €20,585 | €27,359 | +€6,774 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,585 | €27,359 | +€6,774 | +32.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.