TAURRO: 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.
TAURRO
Largest movements
- Receivables within one year +€29,420
up €29,420 (+226%), from €13,005 to €42,424
of which Other amounts receivable: +€33,753
- Tangible fixed assets -€26,865
down €26,865 (-39.7%), from €67,601 to €40,736
- Reserves +€40,000
up €40,000 (+1,016%), from €3,937 to €43,937
- Other debts -€18,148
no longer reported in 2025 (was €18,148)
- Tax, wage and social debts -€9,842
down €9,842 (-67.7%), from €14,547 to €4,705
- Debts after one year -€9,355
down €9,355 (-41.6%), from €22,484 to €13,129
- Trade debts +€882
up €882 (+12.9%), from €6,830 to €7,711
- Gross operating margin +€27,138
up €27,138 (+115%), from €23,549 to €50,687
- Depreciation -€8,907
down €8,907 (-68.3%), from €13,037 to €4,130
- Taxes -€1,270
down €1,270 (-24.0%), from €5,299 to €4,029
- Other operating charges +€533
up €533 (+102%), from €525 to €1,059
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 | €81,703 | €85,038 | +€3,335 | +4.1% |
| Fixed assets | 21/28 | €67,601 | €40,736 | -€26,865 | -39.7% |
| Tangible fixed assets | 22/27 | €67,601 | €40,736 | -€26,865 | -39.7% |
| Plant, machinery and equipment | 23 | €5,081 | - | -€5,081 | |
| Furniture and vehicles | 24 | €36,950 | €27,986 | -€8,964 | -24.3% |
| Other tangible fixed assets | 26 | €25,571 | €12,751 | -€12,820 | -50.1% |
| Current assets | 29/58 | €14,102 | €44,302 | +€30,200 | +214% |
| Amounts receivable within one year | 40/41 | €13,005 | €42,424 | +€29,420 | +226% |
| Trade receivables | 40 | €13,005 | €8,671 | -€4,334 | -33.3% |
| Other amounts receivable | 41 | - | €33,753 | +€33,753 | |
| Cash at bank and in hand | 54/58 | €268 | €316 | +€48 | +17.9% |
| Deferred charges and accrued income | 490/1 | €829 | €1,561 | +€732 | +88.2% |
| Total equity and liabilities | 10/49 | €81,703 | €85,038 | +€3,335 | +4.1% |
| Equity | 10/15 | €10,137 | €50,137 | +€40,000 | +395% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,937 | €43,937 | +€40,000 | +1,016% |
| Distributable reserves | 133 | €3,937 | €43,937 | +€40,000 | +1,016% |
| Amounts payable | 17/49 | €71,566 | €34,901 | -€36,665 | -51.2% |
| Amounts payable after more than one year | 17 | €22,484 | €13,129 | -€9,355 | -41.6% |
| Financial debts | 170/4 | €22,484 | €13,129 | -€9,355 | -41.6% |
| Amounts payable within one year | 42/48 | €48,977 | €21,771 | -€27,206 | -55.5% |
| Current portion of amounts payable after more than one year | 42 | €8,953 | €9,355 | +€402 | +4.5% |
| Trade debts | 44 | €6,830 | €7,711 | +€882 | +12.9% |
| Suppliers | 440/4 | €6,830 | €7,711 | +€882 | +12.9% |
| Advances received on contracts in progress | 46 | €500 | - | -€500 | |
| Taxes, remuneration and social security | 45 | €14,547 | €4,705 | -€9,842 | -67.7% |
| Taxes | 450/3 | €14,547 | €4,705 | -€9,842 | -67.7% |
| Other amounts payable | 47/48 | €18,148 | - | -€18,148 | |
| Accrued charges and deferred income | 492/3 | €105 | - | -€105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,037 | €4,130 | -€8,907 | -68.3% |
| Other operating charges | 640/8 | €525 | €1,059 | +€533 | +102% |
| Gross operating margin | 9900 | €23,549 | €50,687 | +€27,138 | +115% |
| Operating profit (loss) | 9901 | €9,986 | €45,498 | +€35,512 | +356% |
| Financial charges | 65/66B | €1,660 | €1,470 | -€190 | -11.4% |
| Recurring financial charges | 65 | €1,660 | €1,470 | -€190 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €8,327 | €44,029 | +€35,702 | +429% |
| Income taxes | 67/77 | €5,299 | €4,029 | -€1,270 | -24.0% |
| Profit (loss) for the period | 9904 | €3,028 | €40,000 | +€36,972 | +1,221% |
| Profit (loss) for the period to be appropriated | 9905 | €3,028 | €40,000 | +€36,972 | +1,221% |
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 28 October 2026 via checked.be.