Tastelink: 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.
Tastelink
Largest movements
- Receivables within one year -€2.0m
down €2.0m (-55.2%), from €3.6m to €1.6m
of which Other amounts receivable: -€2.2m
- Cash -€229,365
down €229,365 (-57.7%), from €397,558 to €168,193
mainly Contributions, distributions and other (-€1.4m) and Other debts (-€668,763)
- Deferred charges and accrued income -€69,608
down €69,608 (-97.5%), from €71,386 to €1,778
- Stocks and contracts +€63,969
up €63,969 (+53.7%), from €119,051 to €183,020
- Reserves -€4.9m
down €4.9m (-96.2%), from €5.1m to €196,563
of which Distributable reserves: -€4.9m
- Profit (loss) carried forward +€3.6m
up €3.6m, from -€3.6m to €0
- Other debts -€668,763
down €668,763 (-98.5%), from €679,017 to €10,254
- Trade debts -€184,305
down €184,305 (-13.0%), from €1.4m to €1.2m
- Accrued charges and deferred income -€85,152
down €85,152 (-82.7%), from €102,967 to €17,815
- Gross operating margin +€58,910
up €58,910 (+17.1%), from €344,173 to €403,083
- Financial income -€32,952
down €32,952 (-51.0%), from €64,565 to €31,613
- Financial charges -€28,037
down €28,037 (-79.8%), from €35,119 to €7,082
- Write-downs -€26,077
down €26,077, from €0 to -€26,077
- Other operating charges +€24,666
up €24,666 (+1,830%), from €1,348 to €26,014
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 | €4,357,668 | €2,134,064 | -€2.2m | -51.0% |
| Formation expenses | 20 | €35,779 | €27,377 | -€8,401 | -23.5% |
| Fixed assets | 21/28 | €124,072 | €138,249 | +€14,177 | +11.4% |
| Intangible fixed assets | 21 | €99,913 | €121,424 | +€21,511 | +21.5% |
| Tangible fixed assets | 22/27 | €14,419 | €7,085 | -€7,333 | -50.9% |
| Plant, machinery and equipment | 23 | €303 | €63 | -€240 | -79.2% |
| Furniture and vehicles | 24 | €14,116 | €7,022 | -€7,093 | -50.3% |
| Financial fixed assets | 28 | €9,740 | €9,740 | = | 0.0% |
| Current assets | 29/58 | €4,197,818 | €1,968,438 | -€2.2m | -53.1% |
| Stocks and contracts in progress | 3 | €119,051 | €183,020 | +€63,969 | +53.7% |
| Stocks | 30/36 | €119,051 | €183,020 | +€63,969 | +53.7% |
| Amounts receivable within one year | 40/41 | €3,609,823 | €1,615,447 | -€2.0m | -55.2% |
| Trade receivables | 40 | €1,438,403 | €1,603,564 | +€165,161 | +11.5% |
| Other amounts receivable | 41 | €2,171,420 | €11,882 | -€2.2m | -99.5% |
| Cash at bank and in hand | 54/58 | €397,558 | €168,193 | -€229,365 | -57.7% |
| Deferred charges and accrued income | 490/1 | €71,386 | €1,778 | -€69,608 | -97.5% |
| Total equity and liabilities | 10/49 | €4,357,668 | €2,134,064 | -€2.2m | -51.0% |
| Equity | 10/15 | €2,094,188 | €816,297 | -€1.3m | -61.0% |
| Contributions | 10/11 | €619,734 | €619,734 | = | 0.0% |
| Capital | 10 | €619,734 | €619,734 | = | 0.0% |
| Issued capital | 100 | €619,734 | €619,734 | = | 0.0% |
| Reserves | 13 | €5,121,348 | €196,563 | -€4.9m | -96.2% |
| Non-distributable reserves | 130/1 | €61,973 | €61,973 | = | 0.0% |
| Legal reserve | 130 | €61,973 | €61,973 | = | 0.0% |
| Distributable reserves | 133 | €5,059,374 | €134,590 | -€4.9m | -97.3% |
| Profit (loss) carried forward | 14 | -€3,646,894 | €0 | +€3.6m | |
| Amounts payable | 17/49 | €2,263,480 | €1,317,767 | -€945,713 | -41.8% |
| Amounts payable within one year | 42/48 | €2,160,513 | €1,299,952 | -€860,562 | -39.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,412,306 | €1,228,001 | -€184,305 | -13.0% |
| Suppliers | 440/4 | €1,412,306 | €1,228,001 | -€184,305 | -13.0% |
| Taxes, remuneration and social security | 45 | €69,190 | €61,696 | -€7,494 | -10.8% |
| Taxes | 450/3 | €38,671 | €37,040 | -€1,630 | -4.2% |
| Remuneration and social security | 454/9 | €30,520 | €24,656 | -€5,864 | -19.2% |
| Other amounts payable | 47/48 | €679,017 | €10,254 | -€668,763 | -98.5% |
| Accrued charges and deferred income | 492/3 | €102,967 | €17,815 | -€85,152 | -82.7% |
| Non-recurring operating income | 76A | €4,618 | €0 | -€4,618 | -100% |
| Remuneration, social security and pensions | 62 | €269,844 | €259,743 | -€10,100 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,354 | €45,501 | +€19,148 | +72.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€26,077 | -€26,077 | |
| Other operating charges | 640/8 | €1,348 | €26,014 | +€24,666 | +1,830% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €344,173 | €403,083 | +€58,910 | +17.1% |
| Operating profit (loss) | 9901 | €46,627 | €97,902 | +€51,275 | +110% |
| Financial income | 75/76B | €64,565 | €31,613 | -€32,952 | -51.0% |
| Recurring financial income | 75 | €64,565 | €31,613 | -€32,952 | -51.0% |
| Financial charges | 65/66B | €35,119 | €7,082 | -€28,037 | -79.8% |
| Recurring financial charges | 65 | €35,119 | €7,082 | -€28,037 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €76,074 | €122,433 | +€46,360 | +60.9% |
| Income taxes | 67/77 | €585 | €324 | -€261 | -44.6% |
| Profit (loss) for the period | 9904 | €75,488 | €122,109 | +€46,621 | +61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,488 | €122,109 | +€46,621 | +61.8% |
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 31 October 2026 via checked.be.