TALPE: 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.
TALPE
Largest movements
- Cash +€212,540
up €212,540 (+21.5%), from €987,000 to €1.2m
mainly Net result for the year (+€140,460) and Trade debts (+€50,865)
- Tangible fixed assets -€50,751
down €50,751 (-50.2%), from €101,162 to €50,411
of which Plant, machinery and equipment: -€30,161
- Stocks and contracts +€22,892
up €22,892 (+37.5%), from €61,120 to €84,012
- Reserves +€140,460
up €140,460 (+16.6%), from €846,356 to €986,816
of which Distributable reserves: +€140,460
- Trade debts +€50,865
up €50,865 (+76.7%), from €66,320 to €117,185
- Tax, wage and social debts +€22,174
up €22,174 (+507.3%), from €4,371 to €26,545
of which Taxes: +€21,979
- Debts after one year -€16,878
down €16,878 (-25.2%), from €67,030 to €50,153
- Gross operating margin +€385,136
up €385,136, from -€178,772 to €206,363
- Depreciation -€24,103
down €24,103 (-40.4%), from €59,650 to €35,547
- Taxes +€14,120
up €14,120 (+4570.4%), from €309 to €14,429
- Other operating charges +€6,460
up €6,460 (+921.6%), from €701 to €7,161
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.
Cash bridge derived
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 | €1,316,909 | €1,512,987 | +€196,078 | +14.9% |
| Fixed assets | 21/28 | €101,162 | €50,411 | -€50,751 | -50.2% |
| Tangible fixed assets | 22/27 | €101,162 | €50,411 | -€50,751 | -50.2% |
| Land and buildings | 22 | €7,887 | €9,959 | +€2,072 | +26.3% |
| Plant, machinery and equipment | 23 | €70,395 | €40,234 | -€30,161 | -42.8% |
| Furniture and vehicles | 24 | €22,881 | €219 | -€22,662 | -99.0% |
| Current assets | 29/58 | €1,215,747 | €1,462,576 | +€246,829 | +20.3% |
| Stocks and contracts in progress | 3 | €61,120 | €84,012 | +€22,892 | +37.5% |
| Stocks | 30/36 | €61,120 | €84,012 | +€22,892 | +37.5% |
| Amounts receivable within one year | 40/41 | €138,073 | €148,947 | +€10,873 | +7.9% |
| Trade receivables | 40 | €135,351 | €148,947 | +€13,596 | +10.0% |
| Other amounts receivable | 41 | €2,723 | - | -€2,723 | |
| Cash at bank and in hand | 54/58 | €987,000 | €1,199,540 | +€212,540 | +21.5% |
| Deferred charges and accrued income | 490/1 | €29,554 | €30,077 | +€524 | +1.8% |
| Total equity and liabilities | 10/49 | €1,316,909 | €1,512,987 | +€196,078 | +14.9% |
| Equity | 10/15 | €911,356 | €1,051,816 | +€140,460 | +15.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €846,356 | €986,816 | +€140,460 | +16.6% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,097 | €29,097 | = | 0.0% |
| Distributable reserves | 133 | €810,759 | €951,219 | +€140,460 | +17.3% |
| Amounts payable | 17/49 | €405,553 | €461,171 | +€55,618 | +13.7% |
| Amounts payable after more than one year | 17 | €67,030 | €50,153 | -€16,878 | -25.2% |
| Financial debts | 170/4 | €67,030 | €50,153 | -€16,878 | -25.2% |
| Amounts payable within one year | 42/48 | €338,523 | €411,018 | +€72,495 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €16,718 | €16,878 | +€160 | +1.0% |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €66,320 | €117,185 | +€50,865 | +76.7% |
| Suppliers | 440/4 | €66,320 | €117,185 | +€50,865 | +76.7% |
| Taxes, remuneration and social security | 45 | €4,371 | €26,545 | +€22,174 | +507.3% |
| Taxes | 450/3 | €2,612 | €24,591 | +€21,979 | +841.4% |
| Remuneration and social security | 454/9 | €1,759 | €1,955 | +€195 | +11.1% |
| Other amounts payable | 47/48 | €51,113 | €50,410 | -€703 | -1.4% |
| Non-recurring operating income | 76A | €31,000 | €221,102 | +€190,102 | +613.2% |
| Remuneration, social security and pensions | 62 | €6,069 | €6,390 | +€322 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,650 | €35,547 | -€24,103 | -40.4% |
| Other operating charges | 640/8 | €701 | €7,161 | +€6,460 | +921.6% |
| Gross operating margin | 9900 | -€178,772 | €206,363 | +€385,136 | |
| Operating profit (loss) | 9901 | -€245,192 | €157,265 | +€402,457 | |
| Financial income | 75/76B | €4,023 | €4,526 | +€503 | +12.5% |
| Recurring financial income | 75 | €4,023 | €4,526 | +€503 | +12.5% |
| Financial charges | 65/66B | €7,078 | €6,902 | -€176 | -2.5% |
| Recurring financial charges | 65 | €7,078 | €6,902 | -€176 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€248,247 | €154,890 | +€403,137 | |
| Income taxes | 67/77 | €309 | €14,429 | +€14,120 | +4570.4% |
| Profit (loss) for the period | 9904 | -€248,556 | €140,460 | +€389,016 | |
| Profit (loss) for the period to be appropriated | 9905 | -€248,556 | €140,460 | +€389,016 |
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 10 October 2026 via checked.be.