TARON: 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.
TARON
Largest movements
- Receivables within one year -€23,162
down €23,162 (-81.1%), from €28,543 to €5,381
of which Other amounts receivable: -€28,510
- Cash -€6,210
down €6,210 (-100%), from €6,210 to €0
mainly Net result for the year (-€35,104) and Trade debts (-€16,925)
- Tangible fixed assets +€2,157
up €2,157 (+96.8%), from €2,228 to €4,385
- Intangible fixed assets -€1,000
down €1,000 (-41.4%), from €2,414 to €1,414
- Profit (loss) carried forward -€35,104
down €35,104 (-315%), from -€11,159 to -€46,262
- Trade debts -€16,925
down €16,925 (-42.3%), from €40,024 to €23,099
- Tax, wage and social debts +€16,566
up €16,566 (+46.3%), from €35,810 to €52,376
of which Taxes: +€8,816
- Short-term financial debts +€6,873
new in 2025: €6,873
- Staff costs +€88,908
up €88,908 (+85.1%), from €104,514 to €193,422
- Gross operating margin +€41,407
up €41,407 (+32.1%), from €128,914 to €170,321
- Other operating charges -€2,216
down €2,216 (-58.4%), from €3,797 to €1,582
- Financial income -€1,757
down €1,757 (-100%), from €1,757 to €0
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 | €83,394 | €55,180 | -€28,214 | -33.8% |
| Fixed assets | 21/28 | €4,642 | €5,799 | +€1,157 | +24.9% |
| Intangible fixed assets | 21 | €2,414 | €1,414 | -€1,000 | -41.4% |
| Tangible fixed assets | 22/27 | €2,228 | €4,385 | +€2,157 | +96.8% |
| Plant, machinery and equipment | 23 | €2,228 | €4,385 | +€2,157 | +96.8% |
| Current assets | 29/58 | €78,753 | €49,381 | -€29,372 | -37.3% |
| Amounts receivable after more than one year | 29 | €39,000 | €39,000 | = | 0.0% |
| Other amounts receivable | 291 | €39,000 | €39,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,543 | €5,381 | -€23,162 | -81.1% |
| Trade receivables | 40 | - | €5,348 | +€5,348 | |
| Other amounts receivable | 41 | €28,543 | €33 | -€28,510 | -99.9% |
| Cash at bank and in hand | 54/58 | €6,210 | €0 | -€6,210 | -100% |
| Total equity and liabilities | 10/49 | €83,394 | €55,180 | -€28,214 | -33.8% |
| Equity | 10/15 | -€1,159 | -€36,262 | -€35,104 | -3,029% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,159 | -€46,262 | -€35,104 | -315% |
| Amounts payable | 17/49 | €84,553 | €91,442 | +€6,889 | +8.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €75,834 | €82,536 | +€6,702 | +8.8% |
| Financial debts | 43 | - | €6,873 | +€6,873 | |
| Credit institutions | 430/8 | - | €6,873 | +€6,873 | |
| Trade debts | 44 | €40,024 | €23,099 | -€16,925 | -42.3% |
| Suppliers | 440/4 | €40,024 | €23,099 | -€16,925 | -42.3% |
| Taxes, remuneration and social security | 45 | €35,810 | €52,376 | +€16,566 | +46.3% |
| Taxes | 450/3 | €25,494 | €34,310 | +€8,816 | +34.6% |
| Remuneration and social security | 454/9 | €10,316 | €18,066 | +€7,750 | +75.1% |
| Other amounts payable | 47/48 | - | €187 | +€187 | |
| Accrued charges and deferred income | 492/3 | €8,719 | €8,906 | +€187 | +2.1% |
| Remuneration, social security and pensions | 62 | €104,514 | €193,422 | +€88,908 | +85.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,272 | €3,154 | -€1,118 | -26.2% |
| Other operating charges | 640/8 | €3,797 | €1,582 | -€2,216 | -58.4% |
| Gross operating margin | 9900 | €128,914 | €170,321 | +€41,407 | +32.1% |
| Operating profit (loss) | 9901 | €16,330 | -€27,836 | -€44,167 | |
| Financial income | 75/76B | €1,757 | €0 | -€1,757 | -100% |
| Recurring financial income | 75 | €1,757 | €0 | -€1,757 | -100% |
| Financial charges | 65/66B | €8,673 | €7,101 | -€1,572 | -18.1% |
| Recurring financial charges | 65 | €8,673 | €7,101 | -€1,572 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €9,415 | -€34,937 | -€44,352 | |
| Income taxes | 67/77 | €999 | €166 | -€833 | -83.3% |
| Profit (loss) for the period | 9904 | €8,416 | -€35,104 | -€43,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,416 | -€35,104 | -€43,519 |
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 17 October 2026 via checked.be.