TARAN ENGINEERING: 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.
TARAN ENGINEERING
Largest movements
- Receivables after one year -€28,162
down €28,162 (-100.0%), from €28,162 to €0
- Cash +€6,857
up €6,857 (+29.0%), from €23,676 to €30,533
mainly Receivables after one year (+€28,162) and Tax, wage and social debts (+€8,908)
- Receivables within one year -€4,534
down €4,534 (-13.1%), from €34,702 to €30,167
of which Trade receivables: -€15,904
- Tangible fixed assets -€1,550
down €1,550 (-37.2%), from €4,172 to €2,621
- Deferred charges and accrued income +€1,128
up €1,128 (+63.8%), from €1,768 to €2,896
- Profit (loss) carried forward -€38,000
down €38,000 (-95.8%), from €39,662 to €1,662
- Tax, wage and social debts +€8,908
up €8,908 (+101.4%), from €8,787 to €17,695
- Reserves +€6,402
up €6,402 (+40.8%), from €15,704 to €22,106
of which Distributable reserves: +€6,402
- Current portion of long-term debt -€2,745
down €2,745 (-100.0%), from €2,745 to €0
- Gross operating margin -€11,049
down €11,049 (-41.5%), from €26,608 to €15,559
- Taxes -€3,128
down €3,128 (-44.7%), from €6,994 to €3,866
- Financial income -€1,285
down €1,285 (-74.2%), from €1,732 to €447
- Depreciation -€414
down €414 (-9.4%), from €4,388 to €3,974
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 | €92,480 | €66,217 | -€26,262 | -28.4% |
| Fixed assets | 21/28 | €4,172 | €2,621 | -€1,550 | -37.2% |
| Tangible fixed assets | 22/27 | €4,172 | €2,621 | -€1,550 | -37.2% |
| Furniture and vehicles | 24 | €4,172 | €2,621 | -€1,550 | -37.2% |
| Current assets | 29/58 | €88,308 | €63,596 | -€24,712 | -28.0% |
| Amounts receivable after more than one year | 29 | €28,162 | €0 | -€28,162 | -100.0% |
| Other amounts receivable | 291 | €28,162 | €0 | -€28,162 | -100.0% |
| Amounts receivable within one year | 40/41 | €34,702 | €30,167 | -€4,534 | -13.1% |
| Trade receivables | 40 | €30,372 | €14,469 | -€15,904 | -52.4% |
| Other amounts receivable | 41 | €4,329 | €15,699 | +€11,369 | +262.6% |
| Cash at bank and in hand | 54/58 | €23,676 | €30,533 | +€6,857 | +29.0% |
| Deferred charges and accrued income | 490/1 | €1,768 | €2,896 | +€1,128 | +63.8% |
| Total equity and liabilities | 10/49 | €92,480 | €66,217 | -€26,262 | -28.4% |
| Equity | 10/15 | €73,966 | €42,368 | -€31,598 | -42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,704 | €22,106 | +€6,402 | +40.8% |
| Non-distributable reserves | 130/1 | €1,204 | €1,204 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,204 | €1,204 | = | 0.0% |
| Distributable reserves | 133 | €14,500 | €20,902 | +€6,402 | +44.1% |
| Profit (loss) carried forward | 14 | €39,662 | €1,662 | -€38,000 | -95.8% |
| Amounts payable | 17/49 | €18,513 | €23,850 | +€5,336 | +28.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €18,513 | €23,850 | +€5,336 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €2,745 | €0 | -€2,745 | -100.0% |
| Financial debts | 43 | €5,000 | €5,000 | = | 0.0% |
| Credit institutions | 430/8 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €1,981 | €1,155 | -€826 | -41.7% |
| Suppliers | 440/4 | €1,981 | €1,155 | -€826 | -41.7% |
| Taxes, remuneration and social security | 45 | €8,787 | €17,695 | +€8,908 | +101.4% |
| Taxes | 450/3 | €8,787 | €17,695 | +€8,908 | +101.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,388 | €3,974 | -€414 | -9.4% |
| Other operating charges | 640/8 | €953 | €1,023 | +€69 | +7.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €26,608 | €15,559 | -€11,049 | -41.5% |
| Operating profit (loss) | 9901 | €21,267 | €10,563 | -€10,704 | -50.3% |
| Financial income | 75/76B | €1,732 | €447 | -€1,285 | -74.2% |
| Recurring financial income | 75 | €1,732 | €447 | -€1,285 | -74.2% |
| Financial charges | 65/66B | €989 | €742 | -€247 | -25.0% |
| Recurring financial charges | 65 | €989 | €742 | -€247 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €22,010 | €10,268 | -€11,742 | -53.3% |
| Income taxes | 67/77 | €6,994 | €3,866 | -€3,128 | -44.7% |
| Profit (loss) for the period | 9904 | €15,015 | €6,402 | -€8,614 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,015 | €6,402 | -€8,614 | -57.4% |
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.