TAURUS IMMO: 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 IMMO
Largest movements
- Stocks and contracts +€2.4m
up €2.4m (+60.6%), from €3.9m to €6.2m
- Cash -€444,799
down €444,799 (-99.7%), from €446,122 to €1,324
mainly Stocks and contracts (-€2.4m) and Net result for the year (-€422,746)
- Receivables within one year +€368,468
up €368,468 (+65.0%), from €567,270 to €935,738
of which Other amounts receivable: +€365,828
- Debts after one year +€2.1m
up €2.1m (+33.1%), from €6.3m to €8.4m
of which Financial debts: +€2.1m
- Profit (loss) carried forward -€422,746
down €422,746 (-98.0%), from -€431,465 to -€854,211
- Trade debts +€299,457
up €299,457 (+144.5%), from €207,184 to €506,641
- Other debts +€269,768
up €269,768 (+100.7%), from €267,866 to €537,634
- Financial charges +€177,642
up €177,642 (+68.4%), from €259,778 to €437,420
- Other operating charges -€17,784
down €17,784 (-92.2%), from €19,291 to €1,508
- Financial income +€8,693
up €8,693 (+75.7%), from €11,482 to €20,174
- Gross operating margin -€2,154
down €2,154 (-131.5%), from -€1,638 to -€3,791
- Purchases and services +€2,154
up €2,154 (+131.5%), from €1,638 to €3,791
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,396,689 | €8,687,431 | +€2.3m | +35.8% |
| Formation expenses | 20 | €424 | €222 | -€201 | -47.6% |
| Fixed assets | 21/28 | €1,485,407 | €1,486,201 | +€794 | +0.1% |
| Financial fixed assets | 28 | €1,485,407 | €1,486,201 | +€794 | +0.1% |
| Current assets | 29/58 | €4,910,858 | €7,201,008 | +€2.3m | +46.6% |
| Stocks and contracts in progress | 3 | €3,883,121 | €6,235,783 | +€2.4m | +60.6% |
| Stocks | 30/36 | €3,883,121 | €6,235,783 | +€2.4m | +60.6% |
| Amounts receivable within one year | 40/41 | €567,270 | €935,738 | +€368,468 | +65.0% |
| Trade receivables | 40 | - | €2,640 | +€2,640 | |
| Other amounts receivable | 41 | €567,270 | €933,098 | +€365,828 | +64.5% |
| Cash at bank and in hand | 54/58 | €446,122 | €1,324 | -€444,799 | -99.7% |
| Deferred charges and accrued income | 490/1 | €14,345 | €28,164 | +€13,818 | +96.3% |
| Total equity and liabilities | 10/49 | €6,396,689 | €8,687,431 | +€2.3m | +35.8% |
| Equity | 10/15 | -€429,465 | -€852,211 | -€422,746 | -98.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€431,465 | -€854,211 | -€422,746 | -98.0% |
| Amounts payable | 17/49 | €6,826,154 | €9,539,642 | +€2.7m | +39.8% |
| Amounts payable after more than one year | 17 | €6,334,629 | €8,434,360 | +€2.1m | +33.1% |
| Financial debts | 170/4 | €5,464,691 | €7,528,087 | +€2.1m | +37.8% |
| Other amounts payable | 178/9 | €869,938 | €906,273 | +€36,335 | +4.2% |
| Amounts payable within one year | 42/48 | €475,050 | €1,044,275 | +€569,225 | +119.8% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €207,184 | €506,641 | +€299,457 | +144.5% |
| Suppliers | 440/4 | €207,184 | €506,641 | +€299,457 | +144.5% |
| Other amounts payable | 47/48 | €267,866 | €537,634 | +€269,768 | +100.7% |
| Accrued charges and deferred income | 492/3 | €16,475 | €61,007 | +€44,531 | +270.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,638 | €3,791 | +€2,154 | +131.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201 | €201 | = | 0.0% |
| Other operating charges | 640/8 | €19,291 | €1,508 | -€17,784 | -92.2% |
| Gross operating margin | 9900 | -€1,638 | -€3,791 | -€2,154 | -131.5% |
| Operating profit (loss) | 9901 | -€21,130 | -€5,500 | +€15,630 | +74.0% |
| Financial income | 75/76B | €11,482 | €20,174 | +€8,693 | +75.7% |
| Recurring financial income | 75 | €11,482 | €20,174 | +€8,693 | +75.7% |
| Financial charges | 65/66B | €259,778 | €437,420 | +€177,642 | +68.4% |
| Recurring financial charges | 65 | €259,778 | €437,420 | +€177,642 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | -€269,427 | -€422,746 | -€153,320 | -56.9% |
| Profit (loss) for the period | 9904 | -€269,427 | -€422,746 | -€153,320 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€269,427 | -€422,746 | -€153,320 | -56.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.