TALOGY (BELGIUM): 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.
TALOGY (BELGIUM)
Largest movements
- Cash +€173,196
up €173,196 (+100%), from €172,914 to €346,110
mainly Other debts (+€1.0m) and Contributions, distributions and other (+€250,000)
- Receivables within one year +€83,306
up €83,306 (+11.6%), from €718,206 to €801,512
of which Other amounts receivable: +€461,146
- Trade debts -€1.2m
down €1.2m (-91.4%), from €1.3m to €113,043
- Other debts +€1.0m
up €1.0m (+983%), from €104,692 to €1.1m
- Contributions +€250,000
up €250,000 (+385%), from €65,000 to €315,000
- Profit (loss) carried forward +€157,871
up €157,871 (+15.8%), from -€999,184 to -€841,313
- Tax, wage and social debts +€78,326
up €78,326 (+51.1%), from €153,406 to €231,732
of which Remuneration and social security: +€85,626
- Gross operating margin +€352,046
up €352,046 (+60.4%), from €582,387 to €934,433
- Financial income -€143,004
down €143,004 (-71.4%), from €200,341 to €57,337
- Financial charges -€55,084
down €55,084 (-95.5%), from €57,694 to €2,611
- Staff costs +€37,117
up €37,117 (+4.8%), from €768,567 to €805,684
- Write-downs +€13,024
new in 2025: €13,024
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 | €907,416 | €1,160,874 | +€253,458 | +27.9% |
| Fixed assets | 21/28 | €5,311 | €5,050 | -€261 | -4.9% |
| Tangible fixed assets | 22/27 | €569 | - | -€569 | |
| Furniture and vehicles | 24 | €569 | - | -€569 | |
| Financial fixed assets | 28 | €4,742 | €5,050 | +€308 | +6.5% |
| Current assets | 29/58 | €902,105 | €1,155,825 | +€253,719 | +28.1% |
| Amounts receivable within one year | 40/41 | €718,206 | €801,512 | +€83,306 | +11.6% |
| Trade receivables | 40 | €711,019 | €333,179 | -€377,840 | -53.1% |
| Other amounts receivable | 41 | €7,187 | €468,333 | +€461,146 | +6,416% |
| Cash at bank and in hand | 54/58 | €172,914 | €346,110 | +€173,196 | +100% |
| Deferred charges and accrued income | 490/1 | €10,986 | €8,203 | -€2,783 | -25.3% |
| Total equity and liabilities | 10/49 | €907,416 | €1,160,874 | +€253,458 | +27.9% |
| Equity | 10/15 | -€927,684 | -€519,813 | +€407,871 | +44.0% |
| Contributions | 10/11 | €65,000 | €315,000 | +€250,000 | +385% |
| Capital | 10 | €65,000 | €315,000 | +€250,000 | +385% |
| Issued capital | 100 | €65,000 | €1,065,000 | +€1.0m | +1,538% |
| Uncalled capital | 101 | - | €750,000 | +€750,000 | |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€999,184 | -€841,313 | +€157,871 | +15.8% |
| Amounts payable | 17/49 | €1,835,100 | €1,680,688 | -€154,413 | -8.4% |
| Amounts payable within one year | 42/48 | €1,570,698 | €1,479,097 | -€91,601 | -5.8% |
| Trade debts | 44 | €1,312,600 | €113,043 | -€1.2m | -91.4% |
| Suppliers | 440/4 | €1,312,600 | €113,043 | -€1.2m | -91.4% |
| Taxes, remuneration and social security | 45 | €153,406 | €231,732 | +€78,326 | +51.1% |
| Taxes | 450/3 | €7,603 | €304 | -€7,300 | -96.0% |
| Remuneration and social security | 454/9 | €145,803 | €231,428 | +€85,626 | +58.7% |
| Other amounts payable | 47/48 | €104,692 | €1,134,322 | +€1.0m | +983% |
| Accrued charges and deferred income | 492/3 | €264,403 | €201,591 | -€62,812 | -23.8% |
| Non-recurring operating income | 76A | - | €50,408 | +€50,408 | |
| Remuneration, social security and pensions | 62 | €768,567 | €805,684 | +€37,117 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,052 | €569 | -€483 | -45.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,024 | +€13,024 | |
| Other operating charges | 640/8 | €509 | €527 | +€18 | +3.5% |
| Gross operating margin | 9900 | €582,387 | €934,433 | +€352,046 | +60.4% |
| Operating profit (loss) | 9901 | -€187,741 | €114,629 | +€302,370 | |
| Financial income | 75/76B | €200,341 | €57,337 | -€143,004 | -71.4% |
| Recurring financial income | 75 | €200,341 | €57,337 | -€143,004 | -71.4% |
| Financial charges | 65/66B | €57,694 | €2,611 | -€55,084 | -95.5% |
| Recurring financial charges | 65 | €57,694 | €2,611 | -€55,084 | -95.5% |
| Profit (loss) for the period before taxes | 9903 | -€45,094 | €169,356 | +€214,450 | |
| Income taxes | 67/77 | €7,170 | €11,485 | +€4,315 | +60.2% |
| Profit (loss) for the period | 9904 | -€52,265 | €157,871 | +€210,135 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,265 | €157,871 | +€210,135 |
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 31 October 2026 via checked.be.