TAURO CONSULT: 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.
TAURO CONSULT
Largest movements
- Tangible fixed assets +€265,968
up €265,968 (+794%), from €33,494 to €299,461
of which Land and buildings: +€275,326
- Cash -€127,968
down €127,968 (-43.9%), from €291,718 to €163,750
mainly Investment in fixed assets (net) (-€276,095) and Receivables within one year (-€65,955)
- Receivables within one year +€65,955
up €65,955 (+178%), from €37,136 to €103,091
of which Trade receivables: +€59,477
- Debts after one year +€175,825
new in 2025: €175,825
- Trade debts +€41,807
up €41,807 (+2,238%), from €1,868 to €43,674
- Reserves -€27,176
down €27,176 (-8.2%), from €332,055 to €304,879
- Current portion of long-term debt +€13,096
new in 2025: €13,096
- Gross operating margin -€84,740
down €84,740 (-83.1%), from €102,018 to €17,279
- Taxes -€18,240
down €18,240 (-92.7%), from €19,675 to €1,434
- Depreciation +€5,889
up €5,889 (+139%), from €4,239 to €10,127
- Financial charges +€1,265
up €1,265 (+467%), from €271 to €1,536
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 | €362,494 | €567,193 | +€204,700 | +56.5% |
| Fixed assets | 21/28 | €33,494 | €299,461 | +€265,968 | +794% |
| Tangible fixed assets | 22/27 | €33,494 | €299,461 | +€265,968 | +794% |
| Land and buildings | 22 | - | €275,326 | +€275,326 | |
| Furniture and vehicles | 24 | €21,398 | €13,888 | -€7,510 | -35.1% |
| Other tangible fixed assets | 26 | €12,095 | €10,247 | -€1,848 | -15.3% |
| Current assets | 29/58 | €329,000 | €267,732 | -€61,268 | -18.6% |
| Amounts receivable within one year | 40/41 | €37,136 | €103,091 | +€65,955 | +178% |
| Trade receivables | 40 | €34,723 | €94,200 | +€59,477 | +171% |
| Other amounts receivable | 41 | €2,413 | €8,891 | +€6,477 | +268% |
| Cash at bank and in hand | 54/58 | €291,718 | €163,750 | -€127,968 | -43.9% |
| Deferred charges and accrued income | 490/1 | €146 | €892 | +€745 | +509% |
| Total equity and liabilities | 10/49 | €362,494 | €567,193 | +€204,700 | +56.5% |
| Equity | 10/15 | €350,655 | €323,479 | -€27,176 | -7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €332,055 | €304,879 | -€27,176 | -8.2% |
| Distributable reserves | 133 | €332,055 | €304,879 | -€27,176 | -8.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,839 | €243,714 | +€231,876 | +1,959% |
| Amounts payable after more than one year | 17 | - | €175,825 | +€175,825 | |
| Financial debts | 170/4 | - | €175,825 | +€175,825 | |
| Amounts payable within one year | 42/48 | €11,833 | €67,889 | +€56,056 | +474% |
| Current portion of amounts payable after more than one year | 42 | - | €13,096 | +€13,096 | |
| Trade debts | 44 | €1,868 | €43,674 | +€41,807 | +2,238% |
| Suppliers | 440/4 | €1,868 | €43,674 | +€41,807 | +2,238% |
| Taxes, remuneration and social security | 45 | €8,817 | €10,146 | +€1,329 | +15.1% |
| Taxes | 450/3 | €8,817 | €10,146 | +€1,329 | +15.1% |
| Other amounts payable | 47/48 | €1,148 | €973 | -€175 | -15.3% |
| Accrued charges and deferred income | 492/3 | €6 | €0 | -€6 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,239 | €10,127 | +€5,889 | +139% |
| Other operating charges | 640/8 | €387 | €524 | +€137 | +35.3% |
| Non-recurring operating charges | 66A | €761 | €0 | -€761 | -100% |
| Gross operating margin | 9900 | €102,018 | €17,279 | -€84,740 | -83.1% |
| Operating profit (loss) | 9901 | €96,631 | €6,627 | -€90,004 | -93.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €271 | €1,536 | +€1,265 | +467% |
| Recurring financial charges | 65 | €271 | €1,536 | +€1,265 | +467% |
| Profit (loss) for the period before taxes | 9903 | €96,360 | €5,091 | -€91,269 | -94.7% |
| Income taxes | 67/77 | €19,675 | €1,434 | -€18,240 | -92.7% |
| Profit (loss) for the period | 9904 | €76,685 | €3,657 | -€73,029 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,685 | €3,657 | -€73,029 | -95.2% |
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 23 October 2026 via checked.be.