Talud: what changed
Two fiscal 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.
Talud
Largest movements
- Stocks and contracts +€79,681
up €79,681 (+214.9%), from €37,077 to €116,758
- Cash +€19,797
up €19,797 (+82.3%), from €24,052 to €43,849
mainly Other debts (+€67,500) and Short-term financial debts (+€51,521)
- Receivables within one year -€6,270
down €6,270 (-78.1%), from €8,024 to €1,754
of which Other amounts receivable: -€7,484
- Other debts +€67,500
new in 2025: €67,500
- Short-term financial debts +€51,521
new in 2025: €51,521
- Profit (loss) carried forward -€32,626
down €32,626 (-406.6%), from -€8,025 to -€40,651
- Tax, wage and social debts +€6,813
new in 2025: €6,813
- Gross operating margin -€26,479
down €26,479 (-1339.7%), from -€1,976 to -€28,456
- Financial charges +€7,699
up €7,699 (+5132.6%), from €150 to €7,849
- Financial income +€3,819
new in 2025: €3,819
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 | €69,153 | €162,361 | +€93,208 | +134.8% |
| Current assets | 29/58 | €69,153 | €162,361 | +€93,208 | +134.8% |
| Stocks and contracts in progress | 3 | €37,077 | €116,758 | +€79,681 | +214.9% |
| Stocks | 30/36 | €37,077 | €116,758 | +€79,681 | +214.9% |
| Amounts receivable within one year | 40/41 | €8,024 | €1,754 | -€6,270 | -78.1% |
| Trade receivables | 40 | - | €1,214 | +€1,214 | |
| Other amounts receivable | 41 | €8,024 | €540 | -€7,484 | -93.3% |
| Cash at bank and in hand | 54/58 | €24,052 | €43,849 | +€19,797 | +82.3% |
| Total equity and liabilities | 10/49 | €69,153 | €162,361 | +€93,208 | +134.8% |
| Equity | 10/15 | €66,975 | €34,349 | -€32,626 | -48.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,025 | -€40,651 | -€32,626 | -406.6% |
| Amounts payable | 17/49 | €2,178 | €128,012 | +€125,834 | +5777.5% |
| Amounts payable within one year | 42/48 | €2,178 | €128,012 | +€125,834 | +5777.5% |
| Financial debts | 43 | - | €51,521 | +€51,521 | |
| Credit institutions | 430/8 | - | €51,521 | +€51,521 | |
| Trade debts | 44 | €2,178 | €2,178 | = | 0.0% |
| Suppliers | 440/4 | €2,178 | €2,178 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €6,813 | +€6,813 | |
| Taxes | 450/3 | - | €6,813 | +€6,813 | |
| Other amounts payable | 47/48 | - | €67,500 | +€67,500 | |
| Other operating charges | 640/8 | €132 | €141 | +€9 | +6.7% |
| Gross operating margin | 9900 | -€1,976 | -€28,456 | -€26,479 | -1339.7% |
| Operating profit (loss) | 9901 | -€2,108 | -€28,596 | -€26,488 | -1256.5% |
| Financial income | 75/76B | - | €3,819 | +€3,819 | |
| Recurring financial income | 75 | - | €3,819 | +€3,819 | |
| Financial charges | 65/66B | €150 | €7,849 | +€7,699 | +5132.6% |
| Recurring financial charges | 65 | €150 | €7,849 | +€7,699 | +5132.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,258 | -€32,626 | -€30,368 | -1344.8% |
| Profit (loss) for the period | 9904 | -€2,258 | -€32,626 | -€30,368 | -1344.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,258 | -€32,626 | -€30,368 | -1344.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.