TAUPO: 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.
TAUPO
Largest movements
- Cash +€128,178
up €128,178 (+27.5%), from €466,085 to €594,263
mainly Net result for the year (+€147,113) and Depreciation (+€56,435)
- Tangible fixed assets -€56,435
down €56,435 (-4.6%), from €1.2m to €1.2m
of which Land and buildings: -€49,445
- Profit (loss) carried forward +€147,113
up €147,113 (+47.3%), from €311,269 to €458,383
- Debts after one year -€64,719
down €64,719 (-16.8%), from €384,215 to €319,496
- Gross operating margin -€38,006
down €38,006 (-12.3%), from €308,425 to €270,419
- Taxes -€27,538
down €27,538 (-37.5%), from €73,429 to €45,891
- Financial income -€4,929
down €4,929 (-34.0%), from €14,517 to €9,587
- Depreciation -€3,153
down €3,153 (-5.3%), from €59,588 to €56,435
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 | €1,876,531 | €1,947,904 | +€71,374 | +3.8% |
| Fixed assets | 21/28 | €1,277,437 | €1,221,002 | -€56,435 | -4.4% |
| Tangible fixed assets | 22/27 | €1,224,686 | €1,168,251 | -€56,435 | -4.6% |
| Land and buildings | 22 | €1,202,591 | €1,153,146 | -€49,445 | -4.1% |
| Plant, machinery and equipment | 23 | €10,176 | €8,901 | -€1,275 | -12.5% |
| Furniture and vehicles | 24 | €11,919 | €6,204 | -€5,715 | -47.9% |
| Financial fixed assets | 28 | €52,751 | €52,751 | = | 0.0% |
| Current assets | 29/58 | €599,094 | €726,902 | +€127,809 | +21.3% |
| Amounts receivable within one year | 40/41 | €0 | €726 | +€726 | |
| Trade receivables | 40 | €0 | €726 | +€726 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €125,000 | €125,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €466,085 | €594,263 | +€128,178 | +27.5% |
| Deferred charges and accrued income | 490/1 | €8,008 | €6,913 | -€1,095 | -13.7% |
| Total equity and liabilities | 10/49 | €1,876,531 | €1,947,904 | +€71,374 | +3.8% |
| Equity | 10/15 | €1,186,123 | €1,333,236 | +€147,113 | +12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €856,253 | €856,253 | = | 0.0% |
| Distributable reserves | 133 | €856,253 | €856,253 | = | 0.0% |
| Profit (loss) carried forward | 14 | €311,269 | €458,383 | +€147,113 | +47.3% |
| Amounts payable | 17/49 | €690,408 | €614,668 | -€75,740 | -11.0% |
| Amounts payable after more than one year | 17 | €384,215 | €319,496 | -€64,719 | -16.8% |
| Financial debts | 170/4 | €384,215 | €319,496 | -€64,719 | -16.8% |
| Amounts payable within one year | 42/48 | €295,416 | €284,280 | -€11,136 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €66,258 | €64,719 | -€1,539 | -2.3% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Other loans | 439 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €9,513 | €4,215 | -€5,298 | -55.7% |
| Suppliers | 440/4 | €9,513 | €4,215 | -€5,298 | -55.7% |
| Taxes, remuneration and social security | 45 | €41,988 | €37,996 | -€3,992 | -9.5% |
| Taxes | 450/3 | €41,988 | €37,996 | -€3,992 | -9.5% |
| Other amounts payable | 47/48 | €77,658 | €77,350 | -€308 | -0.4% |
| Accrued charges and deferred income | 492/3 | €10,777 | €10,893 | +€116 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,588 | €56,435 | -€3,153 | -5.3% |
| Other operating charges | 640/8 | €11,245 | €8,441 | -€2,804 | -24.9% |
| Gross operating margin | 9900 | €308,425 | €270,419 | -€38,006 | -12.3% |
| Operating profit (loss) | 9901 | €237,592 | €205,542 | -€32,049 | -13.5% |
| Financial income | 75/76B | €14,517 | €9,587 | -€4,929 | -34.0% |
| Recurring financial income | 75 | €14,517 | €9,587 | -€4,929 | -34.0% |
| Financial charges | 65/66B | €24,471 | €22,125 | -€2,345 | -9.6% |
| Recurring financial charges | 65 | €24,471 | €22,125 | -€2,345 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €227,637 | €193,004 | -€34,633 | -15.2% |
| Income taxes | 67/77 | €73,429 | €45,891 | -€27,538 | -37.5% |
| Profit (loss) for the period | 9904 | €154,208 | €147,113 | -€7,095 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €154,208 | €147,113 | -€7,095 | -4.6% |
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 24 October 2026 via checked.be.