TAORMINA: 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.
TAORMINA
Largest movements
- Receivables within one year +€27,120
up €27,120 (+998.0%), from €2,717 to €29,837
of which Trade receivables: +€19,492
- Tangible fixed assets +€10,835
up €10,835 (+66.0%), from €16,415 to €27,250
of which Furniture and vehicles: +€8,050
- Stocks and contracts -€9,474
down €9,474 (-88.8%), from €10,674 to €1,200
- Cash +€4,746
up €4,746 (+548.2%), from €866 to €5,612
mainly Net result for the year (+€27,973) and Current portion of long-term debt (+€9,769)
- Deferred charges and accrued income +€1,398
new in 2025: €1,398
- Profit (loss) carried forward +€22,845
up €22,845, from -€11,436 to €11,409
- Trade debts -€22,482
down €22,482 (-94.2%), from €23,858 to €1,376
- Current portion of long-term debt +€9,769
up €9,769 (+343.4%), from €2,845 to €12,614
- Tax, wage and social debts +€9,095
up €9,095 (+323.1%), from €2,815 to €11,909
of which Taxes: +€7,178
- Debts after one year +€6,605
up €6,605 (+240.4%), from €2,748 to €9,354
- Gross operating margin +€21,693
up €21,693 (+46.2%), from €47,002 to €68,695
- Financial income +€12,803
up €12,803 (+6492.3%), from €197 to €13,000
- Staff costs +€6,560
up €6,560 (+39.5%), from €16,593 to €23,153
- Taxes -€2,665
down €2,665 (-25.9%), from €10,284 to €7,618
- Write-downs +€1,558
new in 2025: €1,558
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 | €36,066 | €70,030 | +€33,964 | +94.2% |
| Fixed assets | 21/28 | €21,809 | €31,982 | +€10,173 | +46.6% |
| Intangible fixed assets | 21 | €2,591 | €1,929 | -€662 | -25.5% |
| Tangible fixed assets | 22/27 | €16,415 | €27,250 | +€10,835 | +66.0% |
| Plant, machinery and equipment | 23 | €1,982 | €4,766 | +€2,784 | +140.5% |
| Furniture and vehicles | 24 | €14,433 | €22,484 | +€8,050 | +55.8% |
| Financial fixed assets | 28 | €2,803 | €2,803 | = | 0.0% |
| Current assets | 29/58 | €14,257 | €38,048 | +€23,790 | +166.9% |
| Stocks and contracts in progress | 3 | €10,674 | €1,200 | -€9,474 | -88.8% |
| Stocks | 30/36 | €10,674 | €1,200 | -€9,474 | -88.8% |
| Amounts receivable within one year | 40/41 | €2,717 | €29,837 | +€27,120 | +998.0% |
| Trade receivables | 40 | €125 | €19,617 | +€19,492 | +15631.1% |
| Other amounts receivable | 41 | €2,593 | €10,221 | +€7,628 | +294.2% |
| Cash at bank and in hand | 54/58 | €866 | €5,612 | +€4,746 | +548.2% |
| Deferred charges and accrued income | 490/1 | - | €1,398 | +€1,398 | |
| Total equity and liabilities | 10/49 | €36,066 | €70,030 | +€33,964 | +94.2% |
| Equity | 10/15 | €2,075 | €30,049 | +€27,973 | +1347.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,111 | €6,240 | +€5,129 | +461.6% |
| Non-distributable reserves | 130/1 | - | €1,240 | +€1,240 | |
| Reserves not available under the articles | 1311 | - | €1,240 | +€1,240 | |
| Distributable reserves | 133 | €1,111 | €5,000 | +€3,889 | +350.0% |
| Profit (loss) carried forward | 14 | -€11,436 | €11,409 | +€22,845 | |
| Amounts payable | 17/49 | €33,991 | €39,981 | +€5,990 | +17.6% |
| Amounts payable after more than one year | 17 | €2,748 | €9,354 | +€6,605 | +240.4% |
| Financial debts | 170/4 | €2,748 | €9,354 | +€6,605 | +240.4% |
| Amounts payable within one year | 42/48 | €30,858 | €30,627 | -€231 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €2,845 | €12,614 | +€9,769 | +343.4% |
| Financial debts | 43 | €0 | €4,728 | +€4,728 | |
| Credit institutions | 430/8 | €0 | €4,728 | +€4,728 | |
| Trade debts | 44 | €23,858 | €1,376 | -€22,482 | -94.2% |
| Suppliers | 440/4 | €23,858 | €1,376 | -€22,482 | -94.2% |
| Taxes, remuneration and social security | 45 | €2,815 | €11,909 | +€9,095 | +323.1% |
| Taxes | 450/3 | €1,430 | €8,608 | +€7,178 | +501.8% |
| Remuneration and social security | 454/9 | €1,385 | €3,302 | +€1,917 | +138.5% |
| Other amounts payable | 47/48 | €1,340 | - | -€1,340 | |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Remuneration, social security and pensions | 62 | €16,593 | €23,153 | +€6,560 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,218 | €8,912 | -€306 | -3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,558 | +€1,558 | |
| Other operating charges | 640/8 | €977 | - | -€977 | |
| Non-recurring operating charges | 66A | - | €9,556 | +€9,556 | |
| Gross operating margin | 9900 | €47,002 | €68,695 | +€21,693 | +46.2% |
| Operating profit (loss) | 9901 | €20,215 | €25,517 | +€5,302 | +26.2% |
| Financial income | 75/76B | €197 | €13,000 | +€12,803 | +6492.3% |
| Recurring financial income | 75 | €197 | €13,000 | +€12,803 | +6492.3% |
| Financial charges | 65/66B | €2,755 | €2,926 | +€171 | +6.2% |
| Recurring financial charges | 65 | €2,755 | €2,926 | +€171 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €17,658 | €35,592 | +€17,934 | +101.6% |
| Income taxes | 67/77 | €10,284 | €7,618 | -€2,665 | -25.9% |
| Profit (loss) for the period | 9904 | €7,374 | €27,973 | +€20,599 | +279.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,374 | €27,973 | +€20,599 | +279.3% |
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 8 October 2026 via checked.be.