Talpa CC: 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.
Talpa CC
Largest movements
- Tangible fixed assets -€71,330
down €71,330 (-7.0%), from €1.0m to €943,509
of which Land and buildings: -€74,356
- Cash +€41,471
up €41,471 (+20.3%), from €204,244 to €245,715
mainly Depreciation (+€80,851) and Net result for the year (+€52,011)
- Receivables within one year +€29,471
up €29,471 (+329%), from €8,949 to €38,421
of which Trade receivables: +€33,163
- Debts after one year -€55,914
down €55,914 (-10.6%), from €528,266 to €472,352
- Reserves +€52,011
up €52,011 (+9.9%), from €526,801 to €578,812
of which Distributable reserves: +€60,936
- Gross operating margin +€50,156
up €50,156 (+43.2%), from €116,080 to €166,236
- Taxes +€11,058
up €11,058 (+114%), from €9,742 to €20,800
- Other operating charges +€3,341
up €3,341 (+65.3%), from €5,117 to €8,459
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 | €1,232,495 | €1,230,065 | -€2,430 | -0.2% |
| Fixed assets | 21/28 | €1,018,818 | €943,509 | -€75,309 | -7.4% |
| Intangible fixed assets | 21 | €239 | €0 | -€239 | -100% |
| Tangible fixed assets | 22/27 | €1,014,839 | €943,509 | -€71,330 | -7.0% |
| Land and buildings | 22 | €1,003,646 | €929,290 | -€74,356 | -7.4% |
| Plant, machinery and equipment | 23 | €1,001 | €8,509 | +€7,508 | +750% |
| Furniture and vehicles | 24 | €10,192 | €5,710 | -€4,482 | -44.0% |
| Financial fixed assets | 28 | €3,740 | €0 | -€3,740 | -100% |
| Current assets | 29/58 | €213,677 | €286,556 | +€72,879 | +34.1% |
| Amounts receivable within one year | 40/41 | €8,949 | €38,421 | +€29,471 | +329% |
| Trade receivables | 40 | €0 | €33,163 | +€33,163 | |
| Other amounts receivable | 41 | €8,949 | €5,258 | -€3,691 | -41.2% |
| Cash at bank and in hand | 54/58 | €204,244 | €245,715 | +€41,471 | +20.3% |
| Deferred charges and accrued income | 490/1 | €484 | €2,420 | +€1,936 | +400% |
| Total equity and liabilities | 10/49 | €1,232,495 | €1,230,065 | -€2,430 | -0.2% |
| Equity | 10/15 | €546,801 | €598,812 | +€52,011 | +9.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €526,801 | €578,812 | +€52,011 | +9.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €139,193 | €130,269 | -€8,925 | -6.4% |
| Distributable reserves | 133 | €385,607 | €446,543 | +€60,936 | +15.8% |
| Provisions and deferred taxes | 16 | €51,034 | €47,389 | -€3,645 | -7.1% |
| Deferred taxes | 168 | €51,034 | €47,389 | -€3,645 | -7.1% |
| Amounts payable | 17/49 | €634,661 | €583,865 | -€50,796 | -8.0% |
| Amounts payable after more than one year | 17 | €528,266 | €472,352 | -€55,914 | -10.6% |
| Financial debts | 170/4 | €528,266 | €472,352 | -€55,914 | -10.6% |
| Amounts payable within one year | 42/48 | €106,394 | €111,513 | +€5,118 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €55,246 | €55,914 | +€668 | +1.2% |
| Trade debts | 44 | €2,934 | €6,431 | +€3,496 | +119% |
| Suppliers | 440/4 | €2,934 | €6,431 | +€3,496 | +119% |
| Taxes, remuneration and social security | 45 | €0 | €927 | +€927 | |
| Taxes | 450/3 | €0 | €927 | +€927 | |
| Other amounts payable | 47/48 | €48,214 | €48,241 | +€27 | +0.1% |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,158 | €80,851 | +€693 | +0.9% |
| Other operating charges | 640/8 | €5,117 | €8,459 | +€3,341 | +65.3% |
| Non-recurring operating charges | 66A | €1,851 | €0 | -€1,851 | -100% |
| Gross operating margin | 9900 | €116,080 | €166,236 | +€50,156 | +43.2% |
| Operating profit (loss) | 9901 | €28,953 | €76,927 | +€47,973 | +166% |
| Financial income | 75/76B | €88 | €1,674 | +€1,586 | +1,800% |
| Recurring financial income | 75 | €88 | €1,674 | +€1,586 | +1,800% |
| Financial charges | 65/66B | €7,951 | €9,434 | +€1,483 | +18.7% |
| Recurring financial charges | 65 | €7,951 | €9,434 | +€1,483 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €21,090 | €69,166 | +€48,076 | +228% |
| Transfer from deferred taxes | 780 | €3,646 | €3,645 | -€1 | 0.0% |
| Income taxes | 67/77 | €9,742 | €20,800 | +€11,058 | +114% |
| Profit (loss) for the period | 9904 | €14,994 | €52,011 | +€37,017 | +247% |
| Transfer from tax-exempt reserves | 789 | €8,925 | €8,925 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,919 | €60,936 | +€37,017 | +155% |
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 29 October 2026 via checked.be.