TAYLOR-VAN LIER: 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.
TAYLOR-VAN LIER
Largest movements
- Receivables after one year +€233,714
new in 2024: €233,714
- Cash -€103,009
down €103,009 (-63.2%), from €162,920 to €59,911
mainly Receivables after one year (-€233,714) and Investment in fixed assets (net) (-€91,383)
- Tangible fixed assets +€46,154
up €46,154 (+30.4%), from €152,041 to €198,195
of which Furniture and vehicles: +€37,037
- Receivables within one year -€8,556
down €8,556 (-9.7%), from €88,041 to €79,485
of which Other amounts receivable: -€5,090
- Reserves +€141,249
up €141,249 (+52.5%), from €268,795 to €410,044
- Debts after one year +€21,575
up €21,575 (+58.3%), from €36,997 to €58,572
- Other debts -€10,000
no longer reported in 2024 (was €10,000)
- Current portion of long-term debt +€9,715
up €9,715 (+72.6%), from €13,375 to €23,090
- Tax, wage and social debts +€7,520
up €7,520 (+11.3%), from €66,599 to €74,119
of which Taxes: +€11,077
- Gross operating margin +€22,459
up €22,459 (+9.5%), from €235,302 to €257,761
- Turnover +€21,273
up €21,273 (+4.8%), from €444,936 to €466,209
- Depreciation +€12,426
up €12,426 (+37.9%), from €32,803 to €45,230
- Taxes +€9,917
up €9,917 (+17.0%), from €58,169 to €68,085
- Financial income +€9,443
up €9,443 (+2,380%), from €397 to €9,840
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.
Derived cash bridge
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 | €407,567 | €577,869 | +€170,302 | +41.8% |
| Fixed assets | 21/28 | €152,041 | €198,195 | +€46,154 | +30.4% |
| Tangible fixed assets | 22/27 | €152,041 | €198,195 | +€46,154 | +30.4% |
| Furniture and vehicles | 24 | €121,162 | €158,199 | +€37,037 | +30.6% |
| Other tangible fixed assets | 26 | €20,057 | €39,995 | +€19,939 | +99.4% |
| Assets under construction and advance payments | 27 | €10,822 | - | -€10,822 | |
| Current assets | 29/58 | €255,526 | €379,674 | +€124,148 | +48.6% |
| Amounts receivable after more than one year | 29 | - | €233,714 | +€233,714 | |
| Other amounts receivable | 291 | - | €233,714 | +€233,714 | |
| Amounts receivable within one year | 40/41 | €88,041 | €79,485 | -€8,556 | -9.7% |
| Trade receivables | 40 | €82,465 | €78,999 | -€3,467 | -4.2% |
| Other amounts receivable | 41 | €5,576 | €486 | -€5,090 | -91.3% |
| Cash at bank and in hand | 54/58 | €162,920 | €59,911 | -€103,009 | -63.2% |
| Deferred charges and accrued income | 490/1 | €4,565 | €6,564 | +€1,999 | +43.8% |
| Total equity and liabilities | 10/49 | €407,567 | €577,869 | +€170,302 | +41.8% |
| Equity | 10/15 | €278,795 | €420,044 | +€141,249 | +50.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €268,795 | €410,044 | +€141,249 | +52.5% |
| Distributable reserves | 133 | €268,795 | €410,044 | +€141,249 | +52.5% |
| Amounts payable | 17/49 | €128,772 | €157,825 | +€29,053 | +22.6% |
| Amounts payable after more than one year | 17 | €36,997 | €58,572 | +€21,575 | +58.3% |
| Financial debts | 170/4 | €36,997 | €58,572 | +€21,575 | +58.3% |
| Amounts payable within one year | 42/48 | €91,084 | €98,520 | +€7,436 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €13,375 | €23,090 | +€9,715 | +72.6% |
| Trade debts | 44 | €1,109 | €1,311 | +€201 | +18.1% |
| Suppliers | 440/4 | €1,109 | €1,311 | +€201 | +18.1% |
| Taxes, remuneration and social security | 45 | €66,599 | €74,119 | +€7,520 | +11.3% |
| Taxes | 450/3 | €63,042 | €74,119 | +€11,077 | +17.6% |
| Remuneration and social security | 454/9 | €3,558 | - | -€3,558 | |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Accrued charges and deferred income | 492/3 | €692 | €734 | +€42 | +6.0% |
| Turnover | 70 | €444,936 | €466,209 | +€21,273 | +4.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €237,779 | €236,114 | -€1,665 | -0.7% |
| Remuneration, social security and pensions | 62 | €16,558 | €8,420 | -€8,138 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,803 | €45,230 | +€12,426 | +37.9% |
| Other operating charges | 640/8 | €2,119 | €2,274 | +€155 | +7.3% |
| Gross operating margin | 9900 | €235,302 | €257,761 | +€22,459 | +9.5% |
| Operating profit (loss) | 9901 | €183,822 | €201,837 | +€18,015 | +9.8% |
| Financial income | 75/76B | €397 | €9,840 | +€9,443 | +2,380% |
| Recurring financial income | 75 | €397 | €9,840 | +€9,443 | +2,380% |
| Financial charges | 65/66B | €1,318 | €2,343 | +€1,025 | +77.8% |
| Recurring financial charges | 65 | €1,318 | €2,343 | +€1,025 | +77.8% |
| Profit (loss) for the period before taxes | 9903 | €182,901 | €209,334 | +€26,433 | +14.5% |
| Income taxes | 67/77 | €58,169 | €68,085 | +€9,917 | +17.0% |
| Profit (loss) for the period | 9904 | €124,732 | €141,249 | +€16,516 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €124,732 | €141,249 | +€16,516 | +13.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.