Talos Consulting: 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.
Talos Consulting
Largest movements
- Receivables within one year +€35,182
up €35,182 (+68.0%), from €51,748 to €86,930
of which Trade receivables: +€36,138
- Cash +€2,342
up €2,342 (+3.8%), from €61,630 to €63,973
mainly Other debts (+€107,404) and Net result for the year (+€51,812)
- Deferred charges and accrued income +€1,916
new in 2025: €1,916
- Other debts +€107,404
up €107,404 (+10,283%), from €1,045 to €108,449
- Profit (loss) carried forward -€78,188
down €78,188 (-97.6%), from €80,075 to €1,887
- Tax, wage and social debts +€30,959
up €30,959 (+257%), from €12,031 to €42,990
of which Taxes: +€33,484
- Trade debts -€20,247
down €20,247 (-78.1%), from €25,935 to €5,688
- Gross operating margin +€42,516
up €42,516 (+113%), from €37,553 to €80,069
- Taxes +€17,975
up €17,975 (+219%), from €8,207 to €26,182
- Other operating charges -€1,843
down €1,843 (-62.1%), from €2,967 to €1,123
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 | €119,185 | €159,114 | +€39,929 | +33.5% |
| Fixed assets | 21/28 | €5,807 | €6,295 | +€488 | +8.4% |
| Tangible fixed assets | 22/27 | €5,807 | €6,295 | +€488 | +8.4% |
| Plant, machinery and equipment | 23 | €5,807 | €5,198 | -€609 | -10.5% |
| Furniture and vehicles | 24 | - | €1,097 | +€1,097 | |
| Current assets | 29/58 | €113,378 | €152,819 | +€39,440 | +34.8% |
| Amounts receivable within one year | 40/41 | €51,748 | €86,930 | +€35,182 | +68.0% |
| Trade receivables | 40 | €50,625 | €86,763 | +€36,138 | +71.4% |
| Other amounts receivable | 41 | €1,123 | €167 | -€956 | -85.2% |
| Cash at bank and in hand | 54/58 | €61,630 | €63,973 | +€2,342 | +3.8% |
| Deferred charges and accrued income | 490/1 | - | €1,916 | +€1,916 | |
| Total equity and liabilities | 10/49 | €119,185 | €159,114 | +€39,929 | +33.5% |
| Equity | 10/15 | €80,175 | €1,987 | -€78,188 | -97.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,075 | €1,887 | -€78,188 | -97.6% |
| Amounts payable | 17/49 | €39,011 | €157,127 | +€118,116 | +303% |
| Amounts payable within one year | 42/48 | €39,011 | €157,127 | +€118,116 | +303% |
| Trade debts | 44 | €25,935 | €5,688 | -€20,247 | -78.1% |
| Suppliers | 440/4 | €25,935 | €5,688 | -€20,247 | -78.1% |
| Taxes, remuneration and social security | 45 | €12,031 | €42,990 | +€30,959 | +257% |
| Taxes | 450/3 | €9,066 | €42,550 | +€33,484 | +369% |
| Remuneration and social security | 454/9 | €2,966 | €440 | -€2,526 | -85.2% |
| Other amounts payable | 47/48 | €1,045 | €108,449 | +€107,404 | +10,283% |
| Non-recurring operating income | 76A | €74,960 | - | -€74,960 | |
| Remuneration, social security and pensions | 62 | €304 | - | -€304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €284 | €728 | +€444 | +157% |
| Other operating charges | 640/8 | €2,967 | €1,123 | -€1,843 | -62.1% |
| Gross operating margin | 9900 | €37,553 | €80,069 | +€42,516 | +113% |
| Operating profit (loss) | 9901 | €33,999 | €78,217 | +€44,219 | +130% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €283 | €223 | -€60 | -21.2% |
| Recurring financial charges | 65 | €283 | €223 | -€60 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €33,735 | €77,994 | +€44,259 | +131% |
| Income taxes | 67/77 | €8,207 | €26,182 | +€17,975 | +219% |
| Profit (loss) for the period | 9904 | €25,528 | €51,812 | +€26,284 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €25,528 | €51,812 | +€26,284 | +103% |
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.