TAURUS INTERNATIONAL: 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.
TAURUS INTERNATIONAL
Largest movements
- Cash -€504,884
down €504,884 (-98.6%), from €511,877 to €6,993
mainly Current investments (-€457,008) and Net result for the year (-€28,732)
- Current investments +€457,008
up €457,008 (+200%), from €228,000 to €685,008
- Reserves -€14,491
down €14,491 (-3.4%), from €421,081 to €406,590
of which Tax-exempt reserves: -€14,491
- Profit (loss) carried forward -€14,241
down €14,241 (-5.7%), from €250,106 to €235,865
- Gross operating margin -€223,813
down €223,813, from €189,982 to -€33,831
- Taxes -€35,438
down €35,438 (-100%), from €35,438 to €0
- Financial charges -€21,424
down €21,424 (-84.3%), from €25,408 to €3,984
- Financial income +€4,870
up €4,870 (+93.4%), from €5,211 to €10,081
- Other operating charges -€4,483
down €4,483 (-81.8%), from €5,481 to €998
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 | €767,752 | €731,847 | -€35,906 | -4.7% |
| Fixed assets | 21/28 | €26,750 | €31,400 | +€4,650 | +17.4% |
| Tangible fixed assets | 22/27 | €26,500 | €31,400 | +€4,900 | +18.5% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €26,500 | €31,400 | +€4,900 | +18.5% |
| Financial fixed assets | 28 | €250 | €0 | -€250 | -100% |
| Current assets | 29/58 | €741,002 | €700,447 | -€40,556 | -5.5% |
| Amounts receivable within one year | 40/41 | €1,126 | €8,376 | +€7,250 | +644% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,126 | €8,376 | +€7,250 | +644% |
| Current investments | 50/53 | €228,000 | €685,008 | +€457,008 | +200% |
| Cash at bank and in hand | 54/58 | €511,877 | €6,993 | -€504,884 | -98.6% |
| Deferred charges and accrued income | 490/1 | - | €71 | +€71 | |
| Total equity and liabilities | 10/49 | €767,752 | €731,847 | -€35,906 | -4.7% |
| Equity | 10/15 | €687,565 | €658,833 | -€28,732 | -4.2% |
| Contributions | 10/11 | €16,378 | €16,378 | = | 0.0% |
| Reserves | 13 | €421,081 | €406,590 | -€14,491 | -3.4% |
| Tax-exempt reserves | 132 | €28,982 | €14,491 | -€14,491 | -50.0% |
| Distributable reserves | 133 | €392,099 | €392,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €250,106 | €235,865 | -€14,241 | -5.7% |
| Amounts payable | 17/49 | €80,187 | €73,013 | -€7,174 | -8.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €79,819 | €73,013 | -€6,806 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,478 | €1,380 | -€5,098 | -78.7% |
| Suppliers | 440/4 | €6,478 | €1,380 | -€5,098 | -78.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €73,341 | €71,633 | -€1,708 | -2.3% |
| Accrued charges and deferred income | 492/3 | €368 | €0 | -€368 | -100% |
| Non-recurring operating income | 76A | €245,526 | €0 | -€245,526 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €5,481 | €998 | -€4,483 | -81.8% |
| Gross operating margin | 9900 | €189,982 | -€33,831 | -€223,813 | |
| Operating profit (loss) | 9901 | €184,501 | -€34,829 | -€219,331 | |
| Financial income | 75/76B | €5,211 | €10,081 | +€4,870 | +93.4% |
| Recurring financial income | 75 | €5,211 | €10,081 | +€4,870 | +93.4% |
| Financial charges | 65/66B | €25,408 | €3,984 | -€21,424 | -84.3% |
| Recurring financial charges | 65 | €25,408 | €3,984 | -€21,424 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | €164,305 | -€28,732 | -€193,037 | |
| Income taxes | 67/77 | €35,438 | €0 | -€35,438 | -100% |
| Profit (loss) for the period | 9904 | €128,867 | -€28,732 | -€157,599 | |
| Transfer from tax-exempt reserves | 789 | €14,491 | €14,491 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €143,358 | -€14,241 | -€157,599 |
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 18 October 2026 via checked.be.