Talstar: 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.
Talstar
Largest movements
- Cash +€11,724
up €11,724 (+340%), from €3,444 to €15,168
mainly Receivables within one year (+€6,050) and Net result for the year (+€3,086)
- Receivables within one year -€6,050
down €6,050 (-4.9%), from €123,420 to €117,370
- Profit (loss) carried forward +€3,086
up €3,086 (+4.2%), from €74,023 to €77,109
- Gross operating margin -€4,466
down €4,466 (-31.2%), from €14,333 to €9,867
- Financial charges +€4,422
up €4,422 (+951%), from €465 to €4,887
- Taxes -€1,384
down €1,384 (-51.6%), from €2,679 to €1,296
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 | €129,964 | €135,638 | +€5,674 | +4.4% |
| Fixed assets | 21/28 | €3,100 | €3,100 | = | 0.0% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €126,864 | €132,538 | +€5,674 | +4.5% |
| Amounts receivable within one year | 40/41 | €123,420 | €117,370 | -€6,050 | -4.9% |
| Trade receivables | 40 | €123,420 | €117,370 | -€6,050 | -4.9% |
| Cash at bank and in hand | 54/58 | €3,444 | €15,168 | +€11,724 | +340% |
| Total equity and liabilities | 10/49 | €129,964 | €135,638 | +€5,674 | +4.4% |
| Equity | 10/15 | €92,623 | €95,709 | +€3,086 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,023 | €77,109 | +€3,086 | +4.2% |
| Amounts payable | 17/49 | €37,342 | €39,929 | +€2,588 | +6.9% |
| Amounts payable within one year | 42/48 | €37,342 | €39,929 | +€2,588 | +6.9% |
| Trade debts | 44 | - | €1,231 | +€1,231 | |
| Suppliers | 440/4 | - | €1,231 | +€1,231 | |
| Taxes, remuneration and social security | 45 | €30,401 | €31,531 | +€1,130 | +3.7% |
| Taxes | 450/3 | €8,477 | €5,607 | -€2,870 | -33.9% |
| Remuneration and social security | 454/9 | €21,924 | €25,924 | +€4,000 | +18.2% |
| Other amounts payable | 47/48 | €6,940 | €7,168 | +€227 | +3.3% |
| Other operating charges | 640/8 | €472 | €598 | +€126 | +26.7% |
| Gross operating margin | 9900 | €14,333 | €9,867 | -€4,466 | -31.2% |
| Operating profit (loss) | 9901 | €13,860 | €9,268 | -€4,592 | -33.1% |
| Financial charges | 65/66B | €465 | €4,887 | +€4,422 | +951% |
| Recurring financial charges | 65 | €465 | €4,887 | +€4,422 | +951% |
| Profit (loss) for the period before taxes | 9903 | €13,395 | €4,381 | -€9,014 | -67.3% |
| Income taxes | 67/77 | €2,679 | €1,296 | -€1,384 | -51.6% |
| Profit (loss) for the period | 9904 | €10,716 | €3,086 | -€7,630 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,716 | €3,086 | -€7,630 | -71.2% |
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 24 October 2026 via checked.be.