Taspo: 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.
Taspo
Largest movements
- Receivables within one year -€7,586
down €7,586 (-58.5%), from €12,967 to €5,380
of which Trade receivables: -€4,846
- Cash +€5,026
up €5,026 (+119.0%), from €4,224 to €9,250
mainly Net result for the year (+€11,767) and Receivables within one year (+€7,586)
- Tangible fixed assets +€1,015
up €1,015 (+4.0%), from €25,296 to €26,311
of which Furniture and vehicles: +€1,877
- Stocks and contracts +€575
new in 2025: €575
- Deferred charges and accrued income -€530
no longer reported in 2025 (was €530)
- Other debts -€15,986
down €15,986 (-35.6%), from €44,903 to €28,916
- Profit (loss) carried forward +€11,767
up €11,767 (+79.6%), from -€14,780 to -€3,012
- Tax, wage and social debts +€1,966
up €1,966 (+116.5%), from €1,688 to €3,654
of which Remuneration and social security: +€1,266
- Trade debts +€753
up €753 (+8.9%), from €8,501 to €9,254
- Gross operating margin +€71,337
up €71,337, from -€5,523 to €65,814
- Staff costs +€40,058
up €40,058 (+581.2%), from €6,892 to €46,950
- Depreciation +€2,966
up €2,966 (+226.7%), from €1,309 to €4,275
- Taxes +€700
new in 2025: €700
- Other operating charges +€677
up €677 (+65.7%), from €1,030 to €1,707
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 | €46,317 | €44,817 | -€1,499 | -3.2% |
| Fixed assets | 21/28 | €28,596 | €29,611 | +€1,015 | +3.6% |
| Tangible fixed assets | 22/27 | €25,296 | €26,311 | +€1,015 | +4.0% |
| Plant, machinery and equipment | 23 | €25,296 | €24,434 | -€862 | -3.4% |
| Furniture and vehicles | 24 | - | €1,877 | +€1,877 | |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €17,721 | €15,206 | -€2,515 | -14.2% |
| Stocks and contracts in progress | 3 | - | €575 | +€575 | |
| Stocks | 30/36 | - | €575 | +€575 | |
| Amounts receivable within one year | 40/41 | €12,967 | €5,380 | -€7,586 | -58.5% |
| Trade receivables | 40 | €7,575 | €2,730 | -€4,846 | -64.0% |
| Other amounts receivable | 41 | €5,391 | €2,651 | -€2,741 | -50.8% |
| Cash at bank and in hand | 54/58 | €4,224 | €9,250 | +€5,026 | +119.0% |
| Deferred charges and accrued income | 490/1 | €530 | - | -€530 | |
| Total equity and liabilities | 10/49 | €46,317 | €44,817 | -€1,499 | -3.2% |
| Equity | 10/15 | -€8,775 | €2,993 | +€11,767 | |
| Contributions | 10/11 | €6,005 | €6,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,780 | -€3,012 | +€11,767 | +79.6% |
| Amounts payable | 17/49 | €55,091 | €41,825 | -€13,267 | -24.1% |
| Amounts payable within one year | 42/48 | €55,091 | €41,825 | -€13,267 | -24.1% |
| Trade debts | 44 | €8,501 | €9,254 | +€753 | +8.9% |
| Suppliers | 440/4 | €8,501 | €9,254 | +€753 | +8.9% |
| Taxes, remuneration and social security | 45 | €1,688 | €3,654 | +€1,966 | +116.5% |
| Taxes | 450/3 | - | €700 | +€700 | |
| Remuneration and social security | 454/9 | €1,688 | €2,954 | +€1,266 | +75.0% |
| Other amounts payable | 47/48 | €44,903 | €28,916 | -€15,986 | -35.6% |
| Remuneration, social security and pensions | 62 | €6,892 | €46,950 | +€40,058 | +581.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,309 | €4,275 | +€2,966 | +226.7% |
| Other operating charges | 640/8 | €1,030 | €1,707 | +€677 | +65.7% |
| Gross operating margin | 9900 | -€5,523 | €65,814 | +€71,337 | |
| Operating profit (loss) | 9901 | -€14,754 | €12,882 | +€27,636 | |
| Financial charges | 65/66B | €26 | €415 | +€389 | +1497.7% |
| Recurring financial charges | 65 | €26 | €415 | +€389 | +1497.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,780 | €12,467 | +€27,247 | |
| Income taxes | 67/77 | - | €700 | +€700 | |
| Profit (loss) for the period | 9904 | -€14,780 | €11,767 | +€26,547 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,780 | €11,767 | +€26,547 |
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 12 October 2026 via checked.be.