TAOCONSTRUCT: what changed
TAOCONSTRUCT
Largest movements
- Receivables within one year +€3,801
up €3,801 (+16.5%), from €23,030 to €26,832
of which Trade receivables: +€3,465
- Deferred charges and accrued income -€2,495
no longer reported in 2025 (was €2,495)
- Trade debts +€2,701
up €2,701 (+48.4%), from €5,579 to €8,280
- Tax, wage and social debts -€1,270
no longer reported in 2025 (was €1,270)
- Profit (loss) carried forward -€464
down €464 (-17.2%), from -€2,695 to -€3,158
- Accrued charges and deferred income +€316
new in 2025: €316
- Gross operating margin -€5,692
down €5,692, from €5,133 to -€559
- Taxes -€1,270
no longer reported in 2025 (was €1,270)
- Financial income -€93
down €93 (-10.7%), from €872 to €779
- Other operating charges +€55
up €55 (+12.0%), from €460 to €516
- Financial charges +€55
up €55 (+91.1%), from €60 to €115
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 | €25,555 | €26,838 | +€1,283 | +5.0% |
| Current assets | 29/58 | €25,555 | €26,838 | +€1,283 | +5.0% |
| Amounts receivable within one year | 40/41 | €23,030 | €26,832 | +€3,801 | +16.5% |
| Trade receivables | 40 | €7,307 | €10,772 | +€3,465 | +47.4% |
| Other amounts receivable | 41 | €15,723 | €16,059 | +€336 | +2.1% |
| Cash at bank and in hand | 54/58 | €29 | €6 | -€24 | -79.9% |
| Deferred charges and accrued income | 490/1 | €2,495 | - | -€2,495 | |
| Total equity and liabilities | 10/49 | €25,555 | €26,838 | +€1,283 | +5.0% |
| Equity | 10/15 | €18,706 | €18,242 | -€464 | -2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,200 | €15,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,340 | €13,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,695 | -€3,158 | -€464 | -17.2% |
| Amounts payable | 17/49 | €6,849 | €8,596 | +€1,746 | +25.5% |
| Amounts payable within one year | 42/48 | €6,849 | €8,280 | +€1,431 | +20.9% |
| Trade debts | 44 | €5,579 | €8,280 | +€2,701 | +48.4% |
| Suppliers | 440/4 | €5,579 | €8,280 | +€2,701 | +48.4% |
| Taxes, remuneration and social security | 45 | €1,270 | - | -€1,270 | |
| Taxes | 450/3 | €1,270 | - | -€1,270 | |
| Accrued charges and deferred income | 492/3 | - | €316 | +€316 | |
| Other operating charges | 640/8 | €460 | €516 | +€55 | +12.0% |
| Non-recurring operating charges | 66A | - | €53 | +€53 | |
| Gross operating margin | 9900 | €5,133 | -€559 | -€5,692 | |
| Operating profit (loss) | 9901 | €4,672 | -€1,128 | -€5,800 | |
| Financial income | 75/76B | €872 | €779 | -€93 | -10.7% |
| Recurring financial income | 75 | €872 | €779 | -€93 | -10.7% |
| Financial charges | 65/66B | €60 | €115 | +€55 | +91.1% |
| Recurring financial charges | 65 | €60 | €115 | +€55 | +91.1% |
| Profit (loss) for the period before taxes | 9903 | €5,484 | -€464 | -€5,948 | |
| Income taxes | 67/77 | €1,270 | - | -€1,270 | |
| Profit (loss) for the period | 9904 | €4,214 | -€464 | -€4,677 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,214 | -€464 | -€4,677 |
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 7 November 2026 via checked.be.