TALOBA: 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.
TALOBA
Largest movements
- Tangible fixed assets +€79,856
up €79,856 (+303%), from €26,389 to €106,245
of which Furniture and vehicles: +€43,245
- Receivables within one year -€27,777
down €27,777 (-81.6%), from €34,028 to €6,251
of which Trade receivables: -€27,895
- Cash +€11,090
up €11,090 (+1,050%), from €1,056 to €12,145
mainly Debts after one year (+€71,143) and Receivables within one year (+€27,777)
- Deferred charges and accrued income +€2,206
up €2,206 (+1,535%), from €144 to €2,349
- Debts after one year +€71,143
new in 2025: €71,143
- Other debts -€19,441
down €19,441 (-59.3%), from €32,807 to €13,366
- Current portion of long-term debt +€11,857
new in 2025: €11,857
- Reserves +€2,816
up €2,816 (+151%), from €1,860 to €4,676
of which Distributable reserves: +€2,816
- Trade debts -€2,269
down €2,269 (-97.7%), from €2,324 to €55
- Gross operating margin +€18,895
up €18,895 (+167%), from €11,325 to €30,219
- Depreciation +€14,868
up €14,868 (+138%), from €10,776 to €25,644
- Taxes +€560
new in 2025: €560
- Financial charges +€532
up €532 (+1,386%), from €38 to €570
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 | €62,889 | €127,655 | +€64,766 | +103% |
| Fixed assets | 21/28 | €26,389 | €106,245 | +€79,856 | +303% |
| Tangible fixed assets | 22/27 | €26,389 | €106,245 | +€79,856 | +303% |
| Plant, machinery and equipment | 23 | €26,389 | €63,000 | +€36,611 | +139% |
| Furniture and vehicles | 24 | - | €43,245 | +€43,245 | |
| Current assets | 29/58 | €36,500 | €21,410 | -€15,090 | -41.3% |
| Stocks and contracts in progress | 3 | €1,273 | €665 | -€608 | -47.8% |
| Stocks | 30/36 | €1,273 | €665 | -€608 | -47.8% |
| Amounts receivable within one year | 40/41 | €34,028 | €6,251 | -€27,777 | -81.6% |
| Trade receivables | 40 | €32,499 | €4,603 | -€27,895 | -85.8% |
| Other amounts receivable | 41 | €1,529 | €1,647 | +€118 | +7.7% |
| Cash at bank and in hand | 54/58 | €1,056 | €12,145 | +€11,090 | +1,050% |
| Deferred charges and accrued income | 490/1 | €144 | €2,349 | +€2,206 | +1,535% |
| Total equity and liabilities | 10/49 | €62,889 | €127,655 | +€64,766 | +103% |
| Equity | 10/15 | €25,858 | €28,674 | +€2,816 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €4,676 | +€2,816 | +151% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €2,816 | +€2,816 | |
| Profit (loss) carried forward | 14 | €5,398 | €5,398 | = | 0.0% |
| Amounts payable | 17/49 | €37,031 | €98,981 | +€61,949 | +167% |
| Amounts payable after more than one year | 17 | - | €71,143 | +€71,143 | |
| Financial debts | 170/4 | - | €71,143 | +€71,143 | |
| Amounts payable within one year | 42/48 | €37,031 | €27,838 | -€9,193 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | - | €11,857 | +€11,857 | |
| Trade debts | 44 | €2,324 | €55 | -€2,269 | -97.7% |
| Suppliers | 440/4 | €2,324 | €55 | -€2,269 | -97.7% |
| Taxes, remuneration and social security | 45 | €1,900 | €2,560 | +€660 | +34.7% |
| Taxes | 450/3 | - | €560 | +€560 | |
| Remuneration and social security | 454/9 | €1,900 | €2,000 | +€100 | +5.3% |
| Other amounts payable | 47/48 | €32,807 | €13,366 | -€19,441 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,776 | €25,644 | +€14,868 | +138% |
| Other operating charges | 640/8 | €451 | €629 | +€177 | +39.3% |
| Gross operating margin | 9900 | €11,325 | €30,219 | +€18,895 | +167% |
| Operating profit (loss) | 9901 | €97 | €3,946 | +€3,849 | +3,953% |
| Financial income | 75/76B | €30 | €0 | -€30 | -100.0% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -100.0% |
| Financial charges | 65/66B | €38 | €570 | +€532 | +1,386% |
| Recurring financial charges | 65 | €38 | €570 | +€532 | +1,386% |
| Profit (loss) for the period before taxes | 9903 | €89 | €3,376 | +€3,287 | +3,693% |
| Income taxes | 67/77 | - | €560 | +€560 | |
| Profit (loss) for the period | 9904 | €89 | €2,816 | +€2,727 | +3,063% |
| Profit (loss) for the period to be appropriated | 9905 | €89 | €2,816 | +€2,727 | +3,063% |
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 22 October 2026 via checked.be.