Talpe J.P. & S.: 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 J.P. & S.
Largest movements
- Stocks and contracts +€22,463
up €22,463 (+18.4%), from €122,060 to €144,523
- Receivables within one year +€6,064
up €6,064 (+31.9%), from €19,000 to €25,064
of which Trade receivables: +€7,929
- Tangible fixed assets -€5,151
down €5,151 (-9.1%), from €56,624 to €51,473
of which Furniture and vehicles: -€4,427
- Profit (loss) carried forward +€37,546
up €37,546 (+64.4%), from -€58,300 to -€20,754
- Trade debts -€25,808
down €25,808 (-80.0%), from €32,255 to €6,448
- Other debts +€14,621
up €14,621 (+144%), from €10,182 to €24,803
- Short-term financial debts -€5,564
down €5,564 (-37.3%), from €14,929 to €9,365
- Gross operating margin +€33,329
up €33,329 (+166%), from €20,090 to €53,419
- Depreciation -€2,397
down €2,397 (-28.1%), from €8,532 to €6,135
- Other operating charges -€1,337
down €1,337 (-19.9%), from €6,727 to €5,389
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 | €212,088 | €233,509 | +€21,421 | +10.1% |
| Fixed assets | 21/28 | €59,987 | €53,852 | -€6,135 | -10.2% |
| Intangible fixed assets | 21 | €3,044 | €2,060 | -€984 | -32.3% |
| Tangible fixed assets | 22/27 | €56,624 | €51,473 | -€5,151 | -9.1% |
| Land and buildings | 22 | €45,829 | €45,781 | -€49 | -0.1% |
| Plant, machinery and equipment | 23 | €1,001 | €325 | -€675 | -67.5% |
| Furniture and vehicles | 24 | €9,794 | €5,367 | -€4,427 | -45.2% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €152,101 | €179,657 | +€27,556 | +18.1% |
| Stocks and contracts in progress | 3 | €122,060 | €144,523 | +€22,463 | +18.4% |
| Stocks | 30/36 | €122,060 | €144,523 | +€22,463 | +18.4% |
| Amounts receivable within one year | 40/41 | €19,000 | €25,064 | +€6,064 | +31.9% |
| Trade receivables | 40 | €12,939 | €20,868 | +€7,929 | +61.3% |
| Other amounts receivable | 41 | €6,061 | €4,196 | -€1,866 | -30.8% |
| Cash at bank and in hand | 54/58 | €8,218 | €8,256 | +€38 | +0.5% |
| Deferred charges and accrued income | 490/1 | €2,822 | €1,813 | -€1,009 | -35.7% |
| Total equity and liabilities | 10/49 | €212,088 | €233,509 | +€21,421 | +10.1% |
| Equity | 10/15 | €150,845 | €188,391 | +€37,546 | +24.9% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Revaluation surpluses | 12 | €8,597 | €8,597 | = | 0.0% |
| Reserves | 13 | €82,548 | €82,548 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,800 | €9,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,800 | €9,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €53,998 | €53,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,300 | -€20,754 | +€37,546 | +64.4% |
| Amounts payable | 17/49 | €61,244 | €45,118 | -€16,126 | -26.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €61,244 | €44,478 | -€16,766 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €2,257 | €0 | -€2,257 | -100% |
| Financial debts | 43 | €14,929 | €9,365 | -€5,564 | -37.3% |
| Credit institutions | 430/8 | €14,929 | €9,365 | -€5,564 | -37.3% |
| Trade debts | 44 | €32,255 | €6,448 | -€25,808 | -80.0% |
| Suppliers | 440/4 | €32,255 | €6,448 | -€25,808 | -80.0% |
| Taxes, remuneration and social security | 45 | €1,620 | €3,863 | +€2,243 | +138% |
| Taxes | 450/3 | €1,620 | €3,863 | +€2,243 | +138% |
| Other amounts payable | 47/48 | €10,182 | €24,803 | +€14,621 | +144% |
| Accrued charges and deferred income | 492/3 | €0 | €640 | +€640 | |
| Non-recurring operating income | 76A | €2,880 | €0 | -€2,880 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,532 | €6,135 | -€2,397 | -28.1% |
| Other operating charges | 640/8 | €6,727 | €5,389 | -€1,337 | -19.9% |
| Gross operating margin | 9900 | €20,090 | €53,419 | +€33,329 | +166% |
| Operating profit (loss) | 9901 | €4,832 | €41,894 | +€37,063 | +767% |
| Financial income | 75/76B | €129 | €235 | +€107 | +83.0% |
| Recurring financial income | 75 | €129 | €235 | +€107 | +83.0% |
| Financial charges | 65/66B | €4,936 | €4,583 | -€353 | -7.1% |
| Recurring financial charges | 65 | €4,936 | €4,583 | -€353 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €24 | €37,546 | +€37,522 | +155,822% |
| Profit (loss) for the period | 9904 | €24 | €37,546 | +€37,522 | +155,822% |
| Profit (loss) for the period to be appropriated | 9905 | €24 | €37,546 | +€37,522 | +155,822% |
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 1 November 2026 via checked.be.