TAOBE: 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.
TAOBE
Largest movements
- Cash +€49,351
up €49,351 (+65.4%), from €75,471 to €124,822
mainly Advances received (+€52,348) and Net result for the year (+€17,813)
- Deferred charges and accrued income +€15,566
up €15,566 (+298.2%), from €5,220 to €20,786
- Intangible fixed assets -€3,438
down €3,438 (-14.0%), from €24,526 to €21,088
- Receivables within one year +€3,363
up €3,363 (+10.6%), from €31,678 to €35,041
of which Trade receivables: +€6,737
- Advances received +€52,348
up €52,348 (+64.9%), from €80,701 to €133,049
- Profit (loss) carried forward +€17,814
up €17,814 (+176.1%), from €10,116 to €27,930
- Debts after one year -€5,032
down €5,032 (-48.6%), from €10,361 to €5,329
- Tax, wage and social debts +€4,883
up €4,883 (+90.8%), from €5,376 to €10,259
- Trade debts -€4,361
down €4,361 (-34.0%), from €12,819 to €8,458
- Gross operating margin +€61,182
up €61,182 (+82.1%), from €74,524 to €135,706
- Staff costs +€24,732
up €24,732 (+32.6%), from €75,940 to €100,672
- Write-downs +€3,716
new in 2025: €3,716
- Financial charges +€2,285
up €2,285 (+69.2%), from €3,302 to €5,587
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 | €145,350 | €209,678 | +€64,328 | +44.3% |
| Fixed assets | 21/28 | €26,267 | €23,607 | -€2,660 | -10.1% |
| Intangible fixed assets | 21 | €24,526 | €21,088 | -€3,438 | -14.0% |
| Tangible fixed assets | 22/27 | €1,196 | €1,974 | +€778 | +65.1% |
| Furniture and vehicles | 24 | €1,196 | €536 | -€660 | -55.2% |
| Assets under construction and advance payments | 27 | - | €1,438 | +€1,438 | |
| Financial fixed assets | 28 | €545 | €545 | +€0 | 0.0% |
| Current assets | 29/58 | €119,083 | €186,070 | +€66,987 | +56.3% |
| Stocks and contracts in progress | 3 | €6,714 | €5,421 | -€1,293 | -19.3% |
| Stocks | 30/36 | €6,714 | €5,421 | -€1,293 | -19.3% |
| Amounts receivable within one year | 40/41 | €31,678 | €35,041 | +€3,363 | +10.6% |
| Trade receivables | 40 | €21,823 | €28,560 | +€6,737 | +30.9% |
| Other amounts receivable | 41 | €9,855 | €6,481 | -€3,374 | -34.2% |
| Cash at bank and in hand | 54/58 | €75,471 | €124,822 | +€49,351 | +65.4% |
| Deferred charges and accrued income | 490/1 | €5,220 | €20,786 | +€15,566 | +298.2% |
| Total equity and liabilities | 10/49 | €145,350 | €209,678 | +€64,328 | +44.3% |
| Equity | 10/15 | €28,716 | €46,530 | +€17,814 | +62.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,116 | €27,930 | +€17,814 | +176.1% |
| Amounts payable | 17/49 | €116,634 | €163,148 | +€46,514 | +39.9% |
| Amounts payable after more than one year | 17 | €10,361 | €5,329 | -€5,032 | -48.6% |
| Financial debts | 170/4 | €10,361 | €5,329 | -€5,032 | -48.6% |
| Amounts payable within one year | 42/48 | €106,273 | €157,734 | +€51,461 | +48.4% |
| Current portion of amounts payable after more than one year | 42 | €4,753 | €5,032 | +€279 | +5.9% |
| Financial debts | 43 | €1,286 | - | -€1,286 | |
| Credit institutions | 430/8 | €1,286 | - | -€1,286 | |
| Trade debts | 44 | €12,819 | €8,458 | -€4,361 | -34.0% |
| Suppliers | 440/4 | €12,819 | €8,458 | -€4,361 | -34.0% |
| Advances received on contracts in progress | 46 | €80,701 | €133,049 | +€52,348 | +64.9% |
| Taxes, remuneration and social security | 45 | €5,376 | €10,259 | +€4,883 | +90.8% |
| Remuneration and social security | 454/9 | €5,376 | €10,259 | +€4,883 | +90.8% |
| Other amounts payable | 47/48 | €1,338 | €936 | -€402 | -30.0% |
| Accrued charges and deferred income | 492/3 | - | €85 | +€85 | |
| Remuneration, social security and pensions | 62 | €75,940 | €100,672 | +€24,732 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,384 | €6,863 | +€479 | +7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,716 | +€3,716 | |
| Other operating charges | 640/8 | €1,261 | €1,119 | -€142 | -11.3% |
| Gross operating margin | 9900 | €74,524 | €135,706 | +€61,182 | +82.1% |
| Operating profit (loss) | 9901 | -€9,061 | €23,337 | +€32,398 | |
| Financial income | 75/76B | €730 | €1,527 | +€797 | +109.1% |
| Recurring financial income | 75 | €730 | €1,527 | +€797 | +109.1% |
| Financial charges | 65/66B | €3,302 | €5,587 | +€2,285 | +69.2% |
| Recurring financial charges | 65 | €3,302 | €5,587 | +€2,285 | +69.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,633 | €19,276 | +€30,909 | |
| Income taxes | 67/77 | €204 | €1,463 | +€1,259 | +617.3% |
| Profit (loss) for the period | 9904 | -€11,837 | €17,813 | +€29,650 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,837 | €17,813 | +€29,650 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.