TALRENOVE: what changed
TALRENOVE
Largest movements
- Cash +€4,785
new in 2025: €4,785
mainly Tax, wage and social debts (+€7,917) and Depreciation (+€3,182)
- Tangible fixed assets -€3,182
down €3,182 (-22.7%), from €14,037 to €10,854
- Deferred charges and accrued income +€2,888
new in 2025: €2,888
- Receivables within one year +€2,381
up €2,381 (+14.3%), from €16,702 to €19,082
of which Trade receivables: +€3,300
- Tax, wage and social debts +€7,917
up €7,917 (+108%), from €7,341 to €15,258
of which Remuneration and social security: +€7,240
- Short-term financial debts -€1,257
no longer reported in 2025 (was €1,257)
- Depreciation +€1,308
up €1,308 (+69.8%), from €1,874 to €3,182
- Staff costs +€743
up €743 (+3.8%), from €19,780 to €20,523
- Other operating charges -€521
down €521 (-49.8%), from €1,045 to €524
- Gross operating margin +€328
up €328 (+1.3%), from €25,122 to €25,450
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,858 | €37,730 | +€6,872 | +22.3% |
| Fixed assets | 21/28 | €14,157 | €10,974 | -€3,182 | -22.5% |
| Tangible fixed assets | 22/27 | €14,037 | €10,854 | -€3,182 | -22.7% |
| Leasing and similar rights | 25 | €14,037 | €10,854 | -€3,182 | -22.7% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €16,702 | €26,755 | +€10,054 | +60.2% |
| Amounts receivable within one year | 40/41 | €16,702 | €19,082 | +€2,381 | +14.3% |
| Trade receivables | 40 | €13,131 | €16,431 | +€3,300 | +25.1% |
| Other amounts receivable | 41 | €3,571 | €2,651 | -€920 | -25.8% |
| Cash at bank and in hand | 54/58 | - | €4,785 | +€4,785 | |
| Deferred charges and accrued income | 490/1 | - | €2,888 | +€2,888 | |
| Total equity and liabilities | 10/49 | €30,858 | €37,730 | +€6,872 | +22.3% |
| Equity | 10/15 | €22,248 | €22,459 | +€212 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,532 | €10,532 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,256 | €1,256 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,256 | €1,256 | = | 0.0% |
| Distributable reserves | 133 | €9,277 | €9,277 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,885 | -€6,673 | +€212 | +3.1% |
| Amounts payable | 17/49 | €8,611 | €15,270 | +€6,660 | +77.3% |
| Amounts payable within one year | 42/48 | €8,598 | €15,258 | +€6,660 | +77.5% |
| Financial debts | 43 | €1,257 | - | -€1,257 | |
| Credit institutions | 430/8 | €1,257 | - | -€1,257 | |
| Taxes, remuneration and social security | 45 | €7,341 | €15,258 | +€7,917 | +108% |
| Taxes | 450/3 | €768 | €1,445 | +€677 | +88.2% |
| Remuneration and social security | 454/9 | €6,573 | €13,813 | +€7,240 | +110% |
| Accrued charges and deferred income | 492/3 | €12 | €12 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €19,780 | €20,523 | +€743 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,874 | €3,182 | +€1,308 | +69.8% |
| Other operating charges | 640/8 | €1,045 | €524 | -€521 | -49.8% |
| Non-recurring operating charges | 66A | €1,740 | - | -€1,740 | |
| Gross operating margin | 9900 | €25,122 | €25,450 | +€328 | +1.3% |
| Operating profit (loss) | 9901 | €683 | €1,220 | +€537 | +78.7% |
| Financial income | 75/76B | €22 | €6 | -€16 | -72.4% |
| Recurring financial income | 75 | €22 | €6 | -€16 | -72.4% |
| Financial charges | 65/66B | €569 | €376 | -€193 | -33.9% |
| Recurring financial charges | 65 | €569 | €376 | -€193 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €136 | €850 | +€714 | +526% |
| Income taxes | 67/77 | €537 | €638 | +€102 | +19.0% |
| Profit (loss) for the period | 9904 | -€401 | €212 | +€612 | |
| Profit (loss) for the period to be appropriated | 9905 | -€401 | €212 | +€612 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.