Taureos: 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.
Taureos
Largest movements
- Receivables within one year -€96,878
down €96,878 (-71.0%), from €136,434 to €39,556
of which Other amounts receivable: -€81,350
- Cash +€72,325
up €72,325 (+49.3%), from €146,664 to €218,989
mainly Other debts (+€151,058) and Net result for the year (+€103,475)
- Tangible fixed assets +€12,864
up €12,864 (+1317.3%), from €977 to €13,841
of which Furniture and vehicles: +€12,411
- Other debts +€151,058
new in 2025: €151,058
- Profit (loss) carried forward -€87,394
no longer reported in 2025 (was €87,394)
- Reserves -€47,583
down €47,583 (-37.2%), from €127,969 to €80,385
- Tax, wage and social debts -€27,087
down €27,087 (-41.7%), from €64,907 to €37,821
- Gross operating margin +€20,998
up €20,998 (+19.5%), from €107,642 to €128,640
- Taxes +€5,653
up €5,653 (+24.9%), from €22,734 to €28,387
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 | €285,071 | €272,497 | -€12,574 | -4.4% |
| Fixed assets | 21/28 | €977 | €13,841 | +€12,864 | +1317.3% |
| Tangible fixed assets | 22/27 | €977 | €13,841 | +€12,864 | +1317.3% |
| Plant, machinery and equipment | 23 | €977 | €1,430 | +€453 | +46.4% |
| Furniture and vehicles | 24 | - | €12,411 | +€12,411 | |
| Current assets | 29/58 | €284,095 | €258,656 | -€25,438 | -9.0% |
| Amounts receivable within one year | 40/41 | €136,434 | €39,556 | -€96,878 | -71.0% |
| Trade receivables | 40 | €42,471 | €26,943 | -€15,528 | -36.6% |
| Other amounts receivable | 41 | €93,963 | €12,613 | -€81,350 | -86.6% |
| Cash at bank and in hand | 54/58 | €146,664 | €218,989 | +€72,325 | +49.3% |
| Deferred charges and accrued income | 490/1 | €997 | €112 | -€885 | -88.8% |
| Total equity and liabilities | 10/49 | €285,071 | €272,497 | -€12,574 | -4.4% |
| Equity | 10/15 | €217,363 | €82,385 | -€134,977 | -62.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €127,969 | €80,385 | -€47,583 | -37.2% |
| Distributable reserves | 133 | €127,969 | €80,385 | -€47,583 | -37.2% |
| Profit (loss) carried forward | 14 | €87,394 | - | -€87,394 | |
| Amounts payable | 17/49 | €67,708 | €190,112 | +€122,403 | +180.8% |
| Amounts payable within one year | 42/48 | €67,708 | €190,112 | +€122,403 | +180.8% |
| Trade debts | 44 | €2,801 | €1,233 | -€1,568 | -56.0% |
| Suppliers | 440/4 | €2,801 | €1,233 | -€1,568 | -56.0% |
| Taxes, remuneration and social security | 45 | €64,907 | €37,821 | -€27,087 | -41.7% |
| Taxes | 450/3 | €64,907 | €37,821 | -€27,087 | -41.7% |
| Other amounts payable | 47/48 | - | €151,058 | +€151,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,323 | €1,261 | -€1,062 | -45.7% |
| Other operating charges | 640/8 | €98 | €251 | +€153 | +156.9% |
| Gross operating margin | 9900 | €107,642 | €128,640 | +€20,998 | +19.5% |
| Operating profit (loss) | 9901 | €105,221 | €127,128 | +€21,907 | +20.8% |
| Financial income | 75/76B | €5,386 | €5,596 | +€210 | +3.9% |
| Recurring financial income | 75 | €5,386 | €5,596 | +€210 | +3.9% |
| Financial charges | 65/66B | €479 | €862 | +€383 | +80.0% |
| Recurring financial charges | 65 | €479 | €862 | +€383 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | €110,128 | €131,862 | +€21,734 | +19.7% |
| Income taxes | 67/77 | €22,734 | €28,387 | +€5,653 | +24.9% |
| Profit (loss) for the period | 9904 | €87,394 | €103,475 | +€16,081 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €87,394 | €103,475 | +€16,081 | +18.4% |
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 11 October 2026 via checked.be.