TAURUS: what changed
Two fiscal 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.
TAURUS
Largest movements
- Receivables within one year +€35,959
up €35,959 (+86.6%), from €41,534 to €77,493
of which Trade receivables: +€36,399
- Cash -€799
down €799 (-59.4%), from €1,345 to €546
mainly Receivables within one year (-€35,959) and Other debts (-€464)
- Profit (loss) carried forward +€26,706
up €26,706 (+32.4%), from -€82,549 to -€55,842
- Tax, wage and social debts +€7,357
up €7,357 (+1217.5%), from €604 to €7,961
- Trade debts +€1,485
up €1,485 (+169.3%), from €877 to €2,362
- Gross operating margin +€14,744
up €14,744 (+63.6%), from €23,199 to €37,944
- Taxes +€7,357
up €7,357 (+1217.5%), from €604 to €7,961
- Other operating charges +€649
up €649 (+27.4%), from €2,368 to €3,017
- Depreciation -€484
down €484 (-79.3%), from €609 to €126
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 | €44,342 | €79,426 | +€35,084 | +79.1% |
| Fixed assets | 21/28 | €126 | - | -€126 | |
| Tangible fixed assets | 22/27 | €126 | - | -€126 | |
| Plant, machinery and equipment | 23 | €31 | - | -€31 | |
| Furniture and vehicles | 24 | €95 | - | -€95 | |
| Current assets | 29/58 | €44,216 | €79,426 | +€35,210 | +79.6% |
| Amounts receivable within one year | 40/41 | €41,534 | €77,493 | +€35,959 | +86.6% |
| Trade receivables | 40 | €41,063 | €77,463 | +€36,399 | +88.6% |
| Other amounts receivable | 41 | €471 | €31 | -€440 | -93.5% |
| Cash at bank and in hand | 54/58 | €1,345 | €546 | -€799 | -59.4% |
| Deferred charges and accrued income | 490/1 | €1,337 | €1,387 | +€50 | +3.7% |
| Total equity and liabilities | 10/49 | €44,342 | €79,426 | +€35,084 | +79.1% |
| Equity | 10/15 | -€50,990 | -€24,284 | +€26,706 | +52.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €6,558 | €6,558 | = | 0.0% |
| Distributable reserves | 133 | €6,558 | €6,558 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,549 | -€55,842 | +€26,706 | +32.4% |
| Amounts payable | 17/49 | €95,332 | €103,710 | +€8,378 | +8.8% |
| Amounts payable within one year | 42/48 | €95,332 | €103,710 | +€8,378 | +8.8% |
| Trade debts | 44 | €877 | €2,362 | +€1,485 | +169.3% |
| Suppliers | 440/4 | €877 | €2,362 | +€1,485 | +169.3% |
| Taxes, remuneration and social security | 45 | €604 | €7,961 | +€7,357 | +1217.5% |
| Taxes | 450/3 | €604 | €7,961 | +€7,357 | +1217.5% |
| Other amounts payable | 47/48 | €93,851 | €93,387 | -€464 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €609 | €126 | -€484 | -79.3% |
| Other operating charges | 640/8 | €2,368 | €3,017 | +€649 | +27.4% |
| Gross operating margin | 9900 | €23,199 | €37,944 | +€14,744 | +63.6% |
| Operating profit (loss) | 9901 | €20,222 | €34,800 | +€14,579 | +72.1% |
| Financial charges | 65/66B | €134 | €133 | -€2 | -1.3% |
| Recurring financial charges | 65 | €134 | €133 | -€2 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €20,087 | €34,668 | +€14,581 | +72.6% |
| Income taxes | 67/77 | €604 | €7,961 | +€7,357 | +1217.5% |
| Profit (loss) for the period | 9904 | €19,483 | €26,706 | +€7,224 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,483 | €26,706 | +€7,224 | +37.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.