TALPEVET: 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.
TALPEVET
Largest movements
- Tangible fixed assets +€222,293
up €222,293 (+298%), from €74,547 to €296,840
of which Land and buildings: +€227,508
- Cash +€60,039
up €60,039 (+89.9%), from €66,807 to €126,846
mainly Other debts (+€318,784) and Depreciation (+€43,916)
- Stocks and contracts +€21,947
up €21,947 (+91.9%), from €23,877 to €45,823
- Receivables within one year +€10,069
up €10,069 (+196%), from €5,133 to €15,202
of which Trade receivables: +€10,083
- Other debts +€318,784
up €318,784 (+381%), from €83,662 to €402,446
- Profit (loss) carried forward -€54,209
down €54,209 (-100%), from €54,209 to €0
- Debts after one year +€31,661
new in 2025: €31,661
- Trade debts +€13,921
up €13,921 (+332%), from €4,192 to €18,113
- Tax, wage and social debts +€5,590
up €5,590 (+23.0%), from €24,328 to €29,919
of which Remuneration and social security: +€8,116
- Staff costs +€37,999
up €37,999 (+102%), from €37,396 to €75,395
- Gross operating margin +€37,409
up €37,409 (+27.1%), from €138,005 to €175,413
- Depreciation +€6,815
up €6,815 (+18.4%), from €37,101 to €43,916
- Taxes -€5,227
down €5,227 (-38.7%), from €13,493 to €8,266
- Other operating charges +€4,770
up €4,770 (+468%), from €1,020 to €5,790
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 | €172,150 | €487,954 | +€315,804 | +183% |
| Fixed assets | 21/28 | €74,547 | €297,640 | +€223,093 | +299% |
| Tangible fixed assets | 22/27 | €74,547 | €296,840 | +€222,293 | +298% |
| Land and buildings | 22 | - | €227,508 | +€227,508 | |
| Plant, machinery and equipment | 23 | €36,930 | €37,412 | +€483 | +1.3% |
| Furniture and vehicles | 24 | €18,508 | €10,531 | -€7,977 | -43.1% |
| Other tangible fixed assets | 26 | €19,110 | €21,389 | +€2,280 | +11.9% |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €97,602 | €190,313 | +€92,711 | +95.0% |
| Stocks and contracts in progress | 3 | €23,877 | €45,823 | +€21,947 | +91.9% |
| Stocks | 30/36 | €23,877 | €45,823 | +€21,947 | +91.9% |
| Amounts receivable within one year | 40/41 | €5,133 | €15,202 | +€10,069 | +196% |
| Trade receivables | 40 | €5,097 | €15,180 | +€10,083 | +198% |
| Other amounts receivable | 41 | €36 | €22 | -€14 | -39.5% |
| Cash at bank and in hand | 54/58 | €66,807 | €126,846 | +€60,039 | +89.9% |
| Deferred charges and accrued income | 490/1 | €1,785 | €2,442 | +€656 | +36.8% |
| Total equity and liabilities | 10/49 | €172,150 | €487,954 | +€315,804 | +183% |
| Equity | 10/15 | €59,209 | €5,000 | -€54,209 | -91.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,209 | €0 | -€54,209 | -100% |
| Amounts payable | 17/49 | €112,941 | €482,954 | +€370,013 | +328% |
| Amounts payable after more than one year | 17 | - | €31,661 | +€31,661 | |
| Financial debts | 170/4 | - | €31,661 | +€31,661 | |
| Amounts payable within one year | 42/48 | €112,182 | €450,477 | +€338,295 | +302% |
| Trade debts | 44 | €4,192 | €18,113 | +€13,921 | +332% |
| Suppliers | 440/4 | €4,192 | €18,113 | +€13,921 | +332% |
| Taxes, remuneration and social security | 45 | €24,328 | €29,919 | +€5,590 | +23.0% |
| Taxes | 450/3 | €16,382 | €13,856 | -€2,526 | -15.4% |
| Remuneration and social security | 454/9 | €7,946 | €16,062 | +€8,116 | +102% |
| Other amounts payable | 47/48 | €83,662 | €402,446 | +€318,784 | +381% |
| Accrued charges and deferred income | 492/3 | €758 | €815 | +€57 | +7.5% |
| Remuneration, social security and pensions | 62 | €37,396 | €75,395 | +€37,999 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,101 | €43,916 | +€6,815 | +18.4% |
| Other operating charges | 640/8 | €1,020 | €5,790 | +€4,770 | +468% |
| Gross operating margin | 9900 | €138,005 | €175,413 | +€37,409 | +27.1% |
| Operating profit (loss) | 9901 | €62,488 | €50,313 | -€12,175 | -19.5% |
| Financial income | 75/76B | €69 | €273 | +€204 | +294% |
| Recurring financial income | 75 | €69 | €273 | +€204 | +294% |
| Financial charges | 65/66B | €298 | €1,292 | +€994 | +333% |
| Recurring financial charges | 65 | €298 | €1,292 | +€994 | +333% |
| Profit (loss) for the period before taxes | 9903 | €62,259 | €49,295 | -€12,965 | -20.8% |
| Income taxes | 67/77 | €13,493 | €8,266 | -€5,227 | -38.7% |
| Profit (loss) for the period | 9904 | €48,767 | €41,029 | -€7,738 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,767 | €41,029 | -€7,738 | -15.9% |
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 21 October 2026 via checked.be.