TAOHE: 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.
TAOHE
Largest movements
- Receivables within one year +€7,470
up €7,470 (+114.8%), from €6,507 to €13,977
- Cash -€3,068
down €3,068 (-8.2%), from €37,305 to €34,237
mainly Receivables within one year (-€7,470) and Net result for the year (-€3,095)
- Intangible fixed assets +€1,473
up €1,473 (+165.1%), from €892 to €2,365
- Stocks and contracts -€900
down €900 (-10.2%), from €8,834 to €7,934
- Trade debts +€5,172
up €5,172 (+74.8%), from €6,912 to €12,084
- Tax, wage and social debts +€3,356
up €3,356 (+58.0%), from €5,789 to €9,145
of which Taxes: +€2,404
- Profit (loss) carried forward -€3,095
down €3,095 (-36.6%), from -€8,448 to -€11,543
- Debts after one year -€1,054
down €1,054 (-2.6%), from €40,115 to €39,061
- Staff costs +€12,818
up €12,818 (+385.4%), from €3,326 to €16,144
- Gross operating margin +€5,007
up €5,007 (+43.1%), from €11,604 to €16,611
- Financial charges +€1,197
up €1,197 (+284.6%), from €420 to €1,617
- Depreciation +€555
up €555 (+39.8%), from €1,394 to €1,949
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 | €59,411 | €63,747 | +€4,336 | +7.3% |
| Fixed assets | 21/28 | €5,577 | €6,539 | +€961 | +17.2% |
| Intangible fixed assets | 21 | €892 | €2,365 | +€1,473 | +165.1% |
| Tangible fixed assets | 22/27 | €4,685 | €4,173 | -€512 | -10.9% |
| Furniture and vehicles | 24 | €1,124 | €1,067 | -€58 | -5.1% |
| Other tangible fixed assets | 26 | €3,561 | €3,107 | -€454 | -12.8% |
| Current assets | 29/58 | €53,833 | €57,208 | +€3,375 | +6.3% |
| Stocks and contracts in progress | 3 | €8,834 | €7,934 | -€900 | -10.2% |
| Stocks | 30/36 | €8,834 | €7,934 | -€900 | -10.2% |
| Amounts receivable within one year | 40/41 | €6,507 | €13,977 | +€7,470 | +114.8% |
| Trade receivables | 40 | €6,507 | €13,977 | +€7,470 | +114.8% |
| Cash at bank and in hand | 54/58 | €37,305 | €34,237 | -€3,068 | -8.2% |
| Deferred charges and accrued income | 490/1 | €1,187 | €1,059 | -€128 | -10.8% |
| Total equity and liabilities | 10/49 | €59,411 | €63,747 | +€4,336 | +7.3% |
| Equity | 10/15 | €6,552 | €3,457 | -€3,095 | -47.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,448 | -€11,543 | -€3,095 | -36.6% |
| Amounts payable | 17/49 | €52,859 | €60,290 | +€7,431 | +14.1% |
| Amounts payable after more than one year | 17 | €40,115 | €39,061 | -€1,054 | -2.6% |
| Financial debts | 170/4 | €40,115 | €39,061 | -€1,054 | -2.6% |
| Amounts payable within one year | 42/48 | €12,701 | €21,229 | +€8,528 | +67.1% |
| Trade debts | 44 | €6,912 | €12,084 | +€5,172 | +74.8% |
| Suppliers | 440/4 | €6,912 | €12,084 | +€5,172 | +74.8% |
| Taxes, remuneration and social security | 45 | €5,789 | €9,145 | +€3,356 | +58.0% |
| Taxes | 450/3 | €5,645 | €8,049 | +€2,404 | +42.6% |
| Remuneration and social security | 454/9 | €144 | €1,096 | +€952 | +661.9% |
| Accrued charges and deferred income | 492/3 | €43 | - | -€43 | |
| Remuneration, social security and pensions | 62 | €3,326 | €16,144 | +€12,818 | +385.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,394 | €1,949 | +€555 | +39.8% |
| Gross operating margin | 9900 | €11,604 | €16,611 | +€5,007 | +43.1% |
| Operating profit (loss) | 9901 | €6,884 | -€1,482 | -€8,366 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €420 | €1,617 | +€1,197 | +284.6% |
| Recurring financial charges | 65 | €420 | €1,617 | +€1,197 | +284.6% |
| Profit (loss) for the period before taxes | 9903 | €6,464 | -€3,095 | -€9,559 | |
| Profit (loss) for the period | 9904 | €6,464 | -€3,095 | -€9,559 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,464 | -€3,095 | -€9,559 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.