TAOLIN: 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.
TAOLIN
Largest movements
- Cash -€20,435
down €20,435 (-71.0%), from €28,785 to €8,350
mainly Net result for the year (-€17,648) and Advances received (-€16,929)
- Receivables within one year -€11,318
down €11,318 (-40.2%), from €28,153 to €16,835
of which Trade receivables: -€19,430
- Tangible fixed assets +€8,972
up €8,972 (+365%), from €2,460 to €11,431
- Profit (loss) carried forward -€17,648
down €17,648 (-55.2%), from €31,945 to €14,297
- Advances received -€16,929
no longer reported in 2025 (was €16,929)
- Tax, wage and social debts +€12,752
up €12,752 (+213%), from €5,992 to €18,744
- Trade debts -€956
down €956 (-43.2%), from €2,213 to €1,257
- Turnover +€212,071
new in 2025: €212,071
- Purchases and services +€190,352
new in 2025: €190,352
- Gross operating margin -€111,762
down €111,762 (-83.7%), from €133,481 to €21,718
- Other operating charges -€104,759
down €104,759 (-96.4%), from €108,665 to €3,906
- Staff costs +€31,880
new in 2025: €31,880
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 | €75,679 | €52,898 | -€22,781 | -30.1% |
| Fixed assets | 21/28 | €8,669 | €17,640 | +€8,972 | +103% |
| Tangible fixed assets | 22/27 | €2,460 | €11,431 | +€8,972 | +365% |
| Furniture and vehicles | 24 | €2,460 | €11,431 | +€8,972 | +365% |
| Financial fixed assets | 28 | €6,209 | €6,209 | = | 0.0% |
| Current assets | 29/58 | €67,011 | €35,258 | -€31,753 | -47.4% |
| Stocks and contracts in progress | 3 | €10,072 | €10,072 | = | 0.0% |
| Stocks | 30/36 | €10,072 | €10,072 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,153 | €16,835 | -€11,318 | -40.2% |
| Trade receivables | 40 | €19,430 | - | -€19,430 | |
| Other amounts receivable | 41 | €8,723 | €16,835 | +€8,112 | +93.0% |
| Cash at bank and in hand | 54/58 | €28,785 | €8,350 | -€20,435 | -71.0% |
| Total equity and liabilities | 10/49 | €75,679 | €52,898 | -€22,781 | -30.1% |
| Equity | 10/15 | €50,545 | €32,897 | -€17,648 | -34.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €31,945 | €14,297 | -€17,648 | -55.2% |
| Amounts payable | 17/49 | €25,134 | €20,001 | -€5,133 | -20.4% |
| Amounts payable within one year | 42/48 | €25,134 | €20,001 | -€5,133 | -20.4% |
| Trade debts | 44 | €2,213 | €1,257 | -€956 | -43.2% |
| Suppliers | 440/4 | €2,213 | €1,257 | -€956 | -43.2% |
| Advances received on contracts in progress | 46 | €16,929 | - | -€16,929 | |
| Taxes, remuneration and social security | 45 | €5,992 | €18,744 | +€12,752 | +213% |
| Taxes | 450/3 | €5,992 | €18,744 | +€12,752 | +213% |
| Turnover | 70 | - | €212,071 | +€212,071 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €190,352 | +€190,352 | |
| Remuneration, social security and pensions | 62 | - | €31,880 | +€31,880 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22 | €2,629 | +€2,607 | +12,104% |
| Other operating charges | 640/8 | €108,665 | €3,906 | -€104,759 | -96.4% |
| Gross operating margin | 9900 | €133,481 | €21,718 | -€111,762 | -83.7% |
| Operating profit (loss) | 9901 | €24,794 | -€16,697 | -€41,490 | |
| Financial charges | 65/66B | - | €951 | +€951 | |
| Recurring financial charges | 65 | - | €951 | +€951 | |
| Profit (loss) for the period before taxes | 9903 | €24,794 | -€17,648 | -€42,441 | |
| Profit (loss) for the period | 9904 | €24,794 | -€17,648 | -€42,441 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,794 | -€17,648 | -€42,441 |
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 31 October 2026 via checked.be.