Taver: 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.
Taver
Largest movements
- Current investments +€52,981
up €52,981 (+35.3%), from €150,000 to €202,981
- Receivables within one year +€27,050
up €27,050 (+60.9%), from €44,422 to €71,472
of which Trade receivables: +€29,042
- Reserves +€286,325
new in 2025: €286,325
- Profit (loss) carried forward -€173,336
down €173,336 (-100%), from €173,336 to €0
- Tax, wage and social debts -€29,964
down €29,964 (-34.0%), from €88,080 to €58,116
of which Taxes: -€23,590
- Gross operating margin -€115,031
down €115,031 (-35.2%), from €327,189 to €212,158
- Staff costs -€43,590
down €43,590 (-44.8%), from €97,255 to €53,665
- Taxes -€5,377
down €5,377 (-10.5%), from €51,420 to €46,043
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 | €296,562 | €382,906 | +€86,344 | +29.1% |
| Fixed assets | 21/28 | €5,060 | €9,892 | +€4,832 | +95.5% |
| Intangible fixed assets | 21 | - | €2,900 | +€2,900 | |
| Tangible fixed assets | 22/27 | €5,060 | €6,992 | +€1,932 | +38.2% |
| Furniture and vehicles | 24 | €5,060 | €6,992 | +€1,932 | +38.2% |
| Current assets | 29/58 | €291,503 | €373,014 | +€81,512 | +28.0% |
| Amounts receivable within one year | 40/41 | €44,422 | €71,472 | +€27,050 | +60.9% |
| Trade receivables | 40 | €42,430 | €71,472 | +€29,042 | +68.4% |
| Other amounts receivable | 41 | €1,992 | €0 | -€1,992 | -100% |
| Current investments | 50/53 | €150,000 | €202,981 | +€52,981 | +35.3% |
| Cash at bank and in hand | 54/58 | €96,446 | €98,290 | +€1,845 | +1.9% |
| Deferred charges and accrued income | 490/1 | €635 | €271 | -€364 | -57.3% |
| Total equity and liabilities | 10/49 | €296,562 | €382,906 | +€86,344 | +29.1% |
| Equity | 10/15 | €175,336 | €288,325 | +€112,990 | +64.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €286,325 | +€286,325 | |
| Distributable reserves | 133 | - | €286,325 | +€286,325 | |
| Profit (loss) carried forward | 14 | €173,336 | €0 | -€173,336 | -100% |
| Amounts payable | 17/49 | €121,227 | €94,581 | -€26,646 | -22.0% |
| Amounts payable within one year | 42/48 | €121,227 | €94,430 | -€26,796 | -22.1% |
| Trade debts | 44 | €33,147 | €32,624 | -€523 | -1.6% |
| Suppliers | 440/4 | €33,147 | €32,624 | -€523 | -1.6% |
| Taxes, remuneration and social security | 45 | €88,080 | €58,116 | -€29,964 | -34.0% |
| Taxes | 450/3 | €77,017 | €53,427 | -€23,590 | -30.6% |
| Remuneration and social security | 454/9 | €11,063 | €4,689 | -€6,374 | -57.6% |
| Other amounts payable | 47/48 | - | €3,691 | +€3,691 | |
| Accrued charges and deferred income | 492/3 | - | €151 | +€151 | |
| Remuneration, social security and pensions | 62 | €97,255 | €53,665 | -€43,590 | -44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142 | €647 | +€505 | +356% |
| Other operating charges | 640/8 | €463 | €463 | -€1 | -0.1% |
| Gross operating margin | 9900 | €327,189 | €212,158 | -€115,031 | -35.2% |
| Operating profit (loss) | 9901 | €229,328 | €157,382 | -€71,946 | -31.4% |
| Financial income | 75/76B | €20 | €1,939 | +€1,919 | +9,597% |
| Recurring financial income | 75 | €20 | €1,939 | +€1,919 | +9,597% |
| Financial charges | 65/66B | €30 | €290 | +€260 | +872% |
| Recurring financial charges | 65 | €30 | €290 | +€260 | +872% |
| Profit (loss) for the period before taxes | 9903 | €229,318 | €159,032 | -€70,286 | -30.7% |
| Income taxes | 67/77 | €51,420 | €46,043 | -€5,377 | -10.5% |
| Profit (loss) for the period | 9904 | €177,899 | €112,990 | -€64,909 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €177,899 | €112,990 | -€64,909 | -36.5% |
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 29 October 2026 via checked.be.