TALOVI: 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.
TALOVI
Largest movements
- Deferred charges and accrued income -€33,207
down €33,207 (-100%), from €33,207 to €0
- Receivables within one year +€32,558
up €32,558 (+11.2%), from €290,342 to €322,900
of which Other amounts receivable: +€32,558
- Cash +€22,848
up €22,848 (+3.0%), from €762,666 to €785,514
mainly Deferred charges and accrued income (+€33,207) and Net result for the year (+€31,682)
- Reserves +€100,000
up €100,000 (+100%), from €100,000 to €200,000
of which Distributable reserves: +€100,000
- Profit (loss) carried forward -€68,318
down €68,318 (-72.3%), from €94,552 to €26,234
- Financial income -€13,478
down €13,478 (-27.4%), from €49,127 to €35,649
- Gross operating margin +€1,000
up €1,000 (+27.9%), from -€3,578 to -€2,578
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 | €1,207,563 | €1,239,261 | +€31,699 | +2.6% |
| Current assets | 29/58 | €1,207,563 | €1,239,261 | +€31,699 | +2.6% |
| Stocks and contracts in progress | 3 | €121,348 | €130,848 | +€9,500 | +7.8% |
| Stocks | 30/36 | €121,348 | €130,848 | +€9,500 | +7.8% |
| Amounts receivable within one year | 40/41 | €290,342 | €322,900 | +€32,558 | +11.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €290,342 | €322,900 | +€32,558 | +11.2% |
| Cash at bank and in hand | 54/58 | €762,666 | €785,514 | +€22,848 | +3.0% |
| Deferred charges and accrued income | 490/1 | €33,207 | €0 | -€33,207 | -100% |
| Total equity and liabilities | 10/49 | €1,207,563 | €1,239,261 | +€31,699 | +2.6% |
| Equity | 10/15 | €1,204,552 | €1,236,234 | +€31,682 | +2.6% |
| Contributions | 10/11 | €1,010,000 | €1,010,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €200,000 | +€100,000 | +100% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €100,000 | €200,000 | +€100,000 | +100% |
| Profit (loss) carried forward | 14 | €94,552 | €26,234 | -€68,318 | -72.3% |
| Amounts payable | 17/49 | €3,010 | €3,027 | +€17 | +0.6% |
| Amounts payable within one year | 42/48 | €3,010 | €3,027 | +€17 | +0.6% |
| Trade debts | 44 | €208 | €225 | +€17 | +8.1% |
| Suppliers | 440/4 | €208 | €225 | +€17 | +8.1% |
| Other amounts payable | 47/48 | €2,802 | €2,802 | = | 0.0% |
| Other operating charges | 640/8 | €1,075 | €1,094 | +€18 | +1.7% |
| Gross operating margin | 9900 | -€3,578 | -€2,578 | +€1,000 | +27.9% |
| Operating profit (loss) | 9901 | -€4,653 | -€3,671 | +€982 | +21.1% |
| Financial income | 75/76B | €49,127 | €35,649 | -€13,478 | -27.4% |
| Recurring financial income | 75 | €49,127 | €35,649 | -€13,478 | -27.4% |
| Financial charges | 65/66B | €266 | €296 | +€30 | +11.4% |
| Recurring financial charges | 65 | €266 | €296 | +€30 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €44,208 | €31,682 | -€12,527 | -28.3% |
| Profit (loss) for the period | 9904 | €44,208 | €31,682 | -€12,527 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,208 | €31,682 | -€12,527 | -28.3% |
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 31 October 2026 via checked.be.