TARACOOP: 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.
TARACOOP
Largest movements
- Cash +€147,083
up €147,083 (+55.8%), from €263,508 to €410,591
mainly Net result for the year (+€179,502) and Trade debts (+€34,742)
- Tangible fixed assets +€17,376
up €17,376 (+27.0%), from €64,360 to €81,736
of which Other tangible fixed assets: +€16,100
- Receivables within one year +€11,458
up €11,458 (+2.9%), from €389,496 to €400,953
of which Other amounts receivable: +€14,537
- Reserves +€356,123
new in 2024: €356,123
- Profit (loss) carried forward -€176,621
down €176,621 (-62.9%), from €280,765 to €104,144
- Tax, wage and social debts -€46,798
down €46,798 (-22.9%), from €204,188 to €157,390
of which Taxes: -€35,632
- Trade debts +€34,742
up €34,742 (+25.5%), from €136,154 to €170,896
of which Suppliers: +€25,104
- Debts after one year +€9,630
up €9,630 (+7.7%), from €125,696 to €135,326
- Gross operating margin +€175,302
up €175,302 (+22.4%), from €782,940 to €958,241
- Taxes +€31,091
up €31,091 (+110.7%), from €28,093 to €59,184
- Staff costs +€28,951
up €28,951 (+4.4%), from €660,856 to €689,807
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €755,588 | €939,220 | +€183,632 | +24.3% |
| Fixed assets | 21/28 | €66,850 | €83,710 | +€16,860 | +25.2% |
| Intangible fixed assets | 21 | €1,949 | €1,433 | -€516 | -26.5% |
| Tangible fixed assets | 22/27 | €64,360 | €81,736 | +€17,376 | +27.0% |
| Plant, machinery and equipment | 23 | €905 | €810 | -€95 | -10.5% |
| Furniture and vehicles | 24 | €39,266 | €40,637 | +€1,371 | +3.5% |
| Other tangible fixed assets | 26 | €24,190 | €40,290 | +€16,100 | +66.6% |
| Financial fixed assets | 28 | €541 | €541 | = | 0.0% |
| Current assets | 29/58 | €688,738 | €855,511 | +€166,772 | +24.2% |
| Stocks and contracts in progress | 3 | €33,408 | €41,946 | +€8,538 | +25.6% |
| Stocks | 30/36 | €33,408 | €41,946 | +€8,538 | +25.6% |
| Amounts receivable within one year | 40/41 | €389,496 | €400,953 | +€11,458 | +2.9% |
| Trade receivables | 40 | €202,319 | €199,240 | -€3,079 | -1.5% |
| Other amounts receivable | 41 | €187,177 | €201,713 | +€14,537 | +7.8% |
| Cash at bank and in hand | 54/58 | €263,508 | €410,591 | +€147,083 | +55.8% |
| Deferred charges and accrued income | 490/1 | €2,327 | €2,020 | -€307 | -13.2% |
| Total equity and liabilities | 10/49 | €755,588 | €939,220 | +€183,632 | +24.3% |
| Equity | 10/15 | €288,315 | €467,942 | +€179,627 | +62.3% |
| Contributions | 10/11 | €7,550 | €7,675 | +€125 | +1.7% |
| Reserves | 13 | - | €356,123 | +€356,123 | |
| Distributable reserves | 133 | - | €356,123 | +€356,123 | |
| Profit (loss) carried forward | 14 | €280,765 | €104,144 | -€176,621 | -62.9% |
| Amounts payable | 17/49 | €467,273 | €471,279 | +€4,005 | +0.9% |
| Amounts payable after more than one year | 17 | €125,696 | €135,326 | +€9,630 | +7.7% |
| Other amounts payable | 178/9 | €125,696 | €135,326 | +€9,630 | +7.7% |
| Amounts payable within one year | 42/48 | €341,577 | €335,953 | -€5,624 | -1.6% |
| Trade debts | 44 | €136,154 | €170,896 | +€34,742 | +25.5% |
| Suppliers | 440/4 | €132,918 | €158,022 | +€25,104 | +18.9% |
| Bills of exchange payable | 441 | €3,235 | €12,873 | +€9,638 | +297.9% |
| Taxes, remuneration and social security | 45 | €204,188 | €157,390 | -€46,798 | -22.9% |
| Taxes | 450/3 | €114,075 | €78,442 | -€35,632 | -31.2% |
| Remuneration and social security | 454/9 | €90,114 | €78,948 | -€11,166 | -12.4% |
| Other amounts payable | 47/48 | €1,235 | €7,667 | +€6,432 | +520.8% |
| Non-recurring operating income | 76A | €787 | €9,863 | +€9,075 | +1152.6% |
| Remuneration, social security and pensions | 62 | €660,856 | €689,807 | +€28,951 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,820 | €23,763 | +€1,944 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €40 | +€40 | |
| Other operating charges | 640/8 | €934 | €3,079 | +€2,145 | +229.6% |
| Non-recurring operating charges | 66A | €1,259 | €2,408 | +€1,149 | +91.3% |
| Gross operating margin | 9900 | €782,940 | €958,241 | +€175,302 | +22.4% |
| Operating profit (loss) | 9901 | €98,071 | €239,144 | +€141,073 | +143.8% |
| Financial income | 75/76B | €721 | €1,116 | +€395 | +54.7% |
| Recurring financial income | 75 | €721 | €1,116 | +€395 | +54.7% |
| Financial charges | 65/66B | €1,098 | €1,574 | +€476 | +43.4% |
| Recurring financial charges | 65 | €1,098 | €1,574 | +€476 | +43.4% |
| Profit (loss) for the period before taxes | 9903 | €97,694 | €238,686 | +€140,992 | +144.3% |
| Income taxes | 67/77 | €28,093 | €59,184 | +€31,091 | +110.7% |
| Profit (loss) for the period | 9904 | €69,601 | €179,502 | +€109,901 | +157.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,601 | €179,502 | +€109,901 | +157.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.