TARAVELEC: 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.
TARAVELEC
Largest movements
- Cash +€68,851
up €68,851 (+73.5%), from €93,654 to €162,505
mainly Net result for the year (+€39,670) and Trade debts (+€21,850)
- Receivables within one year -€7,007
down €7,007 (-16.7%), from €41,870 to €34,864
of which Other amounts receivable: -€3,888
- Reserves +€150,298
new in 2025: €150,298
- Profit (loss) carried forward -€110,628
down €110,628 (-100.0%), from €110,628 to €0
- Trade debts +€21,850
up €21,850 (+250.5%), from €8,723 to €30,573
- Current portion of long-term debt -€2,567
down €2,567 (-100.0%), from €2,567 to €0
- Staff costs +€17,341
up €17,341 (+49.8%), from €34,813 to €52,154
- Gross operating margin +€7,839
up €7,839 (+7.8%), from €100,630 to €108,469
- Taxes -€1,375
down €1,375 (-10.3%), from €13,295 to €11,919
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 | €143,408 | €203,010 | +€59,603 | +41.6% |
| Fixed assets | 21/28 | €5,424 | €4,297 | -€1,127 | -20.8% |
| Tangible fixed assets | 22/27 | €5,424 | €4,297 | -€1,127 | -20.8% |
| Plant, machinery and equipment | 23 | €596 | €354 | -€242 | -40.6% |
| Furniture and vehicles | 24 | €4,827 | €3,942 | -€885 | -18.3% |
| Current assets | 29/58 | €137,984 | €198,714 | +€60,730 | +44.0% |
| Amounts receivable within one year | 40/41 | €41,870 | €34,864 | -€7,007 | -16.7% |
| Trade receivables | 40 | €37,889 | €34,771 | -€3,118 | -8.2% |
| Other amounts receivable | 41 | €3,981 | €93 | -€3,888 | -97.7% |
| Cash at bank and in hand | 54/58 | €93,654 | €162,505 | +€68,851 | +73.5% |
| Deferred charges and accrued income | 490/1 | €2,460 | €1,345 | -€1,114 | -45.3% |
| Total equity and liabilities | 10/49 | €143,408 | €203,010 | +€59,603 | +41.6% |
| Equity | 10/15 | €115,628 | €155,298 | +€39,670 | +34.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €150,298 | +€150,298 | |
| Distributable reserves | 133 | - | €150,298 | +€150,298 | |
| Profit (loss) carried forward | 14 | €110,628 | €0 | -€110,628 | -100.0% |
| Amounts payable | 17/49 | €27,780 | €47,713 | +€19,933 | +71.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €27,780 | €47,607 | +€19,827 | +71.4% |
| Current portion of amounts payable after more than one year | 42 | €2,567 | €0 | -€2,567 | -100.0% |
| Trade debts | 44 | €8,723 | €30,573 | +€21,850 | +250.5% |
| Suppliers | 440/4 | €8,723 | €30,573 | +€21,850 | +250.5% |
| Taxes, remuneration and social security | 45 | €16,490 | €15,937 | -€553 | -3.4% |
| Taxes | 450/3 | €13,295 | €11,919 | -€1,375 | -10.3% |
| Remuneration and social security | 454/9 | €3,195 | €4,017 | +€822 | +25.7% |
| Other amounts payable | 47/48 | - | €1,098 | +€1,098 | |
| Accrued charges and deferred income | 492/3 | €0 | €106 | +€106 | |
| Remuneration, social security and pensions | 62 | €34,813 | €52,154 | +€17,341 | +49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,096 | €3,633 | -€463 | -11.3% |
| Other operating charges | 640/8 | €923 | €910 | -€13 | -1.4% |
| Gross operating margin | 9900 | €100,630 | €108,469 | +€7,839 | +7.8% |
| Operating profit (loss) | 9901 | €60,799 | €51,772 | -€9,026 | -14.8% |
| Financial income | 75/76B | €27 | €68 | +€41 | +150.6% |
| Recurring financial income | 75 | €27 | €68 | +€41 | +150.6% |
| Financial charges | 65/66B | €276 | €251 | -€25 | -9.1% |
| Recurring financial charges | 65 | €276 | €251 | -€25 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €60,550 | €51,589 | -€8,961 | -14.8% |
| Income taxes | 67/77 | €13,295 | €11,919 | -€1,375 | -10.3% |
| Profit (loss) for the period | 9904 | €47,255 | €39,670 | -€7,585 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,255 | €39,670 | -€7,585 | -16.1% |
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 9 October 2026 via checked.be.