TALPIDAE: 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.
TALPIDAE
Largest movements
- Current investments +€26,322
up €26,322 (+25.7%), from €102,500 to €128,822
- Receivables within one year -€5,748
down €5,748 (-23.8%), from €24,140 to €18,392
- Cash +€5,706
up €5,706 (+13.7%), from €41,668 to €47,374
mainly Other debts (+€102,647) and Net result for the year (+€34,086)
- Tangible fixed assets -€2,906
down €2,906 (-29.9%), from €9,728 to €6,822
of which Furniture and vehicles: -€1,777
- Other debts +€102,647
up €102,647 (+645.7%), from €15,898 to €118,545
- Reserves -€83,561
down €83,561 (-61.2%), from €136,641 to €53,080
of which Distributable reserves: -€83,561
- Trade debts +€3,164
up €3,164 (+400.6%), from €790 to €3,954
- Gross operating margin -€33,449
down €33,449 (-50.1%), from €66,809 to €33,361
- Financial income +€16,039
up €16,039 (+8910616.7%), from €0 to €16,039
- Taxes -€3,528
down €3,528 (-25.9%), from €13,626 to €10,098
- Financial charges +€1,486
up €1,486 (+624.3%), from €238 to €1,724
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 | €180,134 | €203,509 | +€23,374 | +13.0% |
| Fixed assets | 21/28 | €9,728 | €6,822 | -€2,906 | -29.9% |
| Tangible fixed assets | 22/27 | €9,728 | €6,822 | -€2,906 | -29.9% |
| Plant, machinery and equipment | 23 | €1,700 | €1,167 | -€533 | -31.4% |
| Furniture and vehicles | 24 | €7,432 | €5,655 | -€1,777 | -23.9% |
| Other tangible fixed assets | 26 | €596 | €0 | -€596 | -100.0% |
| Current assets | 29/58 | €170,406 | €196,687 | +€26,281 | +15.4% |
| Amounts receivable within one year | 40/41 | €24,140 | €18,392 | -€5,748 | -23.8% |
| Trade receivables | 40 | €24,140 | €18,392 | -€5,748 | -23.8% |
| Current investments | 50/53 | €102,500 | €128,822 | +€26,322 | +25.7% |
| Cash at bank and in hand | 54/58 | €41,668 | €47,374 | +€5,706 | +13.7% |
| Deferred charges and accrued income | 490/1 | €2,099 | €2,099 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €180,134 | €203,509 | +€23,374 | +13.0% |
| Equity | 10/15 | €155,241 | €71,680 | -€83,561 | -53.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,641 | €53,080 | -€83,561 | -61.2% |
| Tax-exempt reserves | 132 | €151 | €151 | = | 0.0% |
| Distributable reserves | 133 | €136,489 | €52,928 | -€83,561 | -61.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,894 | €131,829 | +€106,936 | +429.6% |
| Amounts payable within one year | 42/48 | €24,894 | €131,829 | +€106,936 | +429.6% |
| Trade debts | 44 | €790 | €3,954 | +€3,164 | +400.6% |
| Suppliers | 440/4 | €790 | €3,954 | +€3,164 | +400.6% |
| Taxes, remuneration and social security | 45 | €8,206 | €9,330 | +€1,124 | +13.7% |
| Taxes | 450/3 | €8,206 | €9,330 | +€1,124 | +13.7% |
| Other amounts payable | 47/48 | €15,898 | €118,545 | +€102,647 | +645.7% |
| Non-recurring operating income | 76A | €100 | €0 | -€100 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,397 | €2,906 | -€491 | -14.5% |
| Other operating charges | 640/8 | €632 | €585 | -€47 | -7.4% |
| Gross operating margin | 9900 | €66,809 | €33,361 | -€33,449 | -50.1% |
| Operating profit (loss) | 9901 | €62,780 | €29,869 | -€32,911 | -52.4% |
| Financial income | 75/76B | €0 | €16,039 | +€16,039 | +8910616.7% |
| Recurring financial income | 75 | €0 | €16,039 | +€16,039 | +8910616.7% |
| Financial charges | 65/66B | €238 | €1,724 | +€1,486 | +624.3% |
| Recurring financial charges | 65 | €238 | €1,724 | +€1,486 | +624.3% |
| Profit (loss) for the period before taxes | 9903 | €62,542 | €44,184 | -€18,358 | -29.4% |
| Income taxes | 67/77 | €13,626 | €10,098 | -€3,528 | -25.9% |
| Profit (loss) for the period | 9904 | €48,916 | €34,086 | -€14,830 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,916 | €34,086 | -€14,830 | -30.3% |
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.