Taylor-Vanceer: 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-Vanceer
Largest movements
- Receivables within one year +€21,670
up €21,670 (+110%), from €19,723 to €41,393
of which Other amounts receivable: +€11,193
- Cash -€15,553
down €15,553 (-88.8%), from €17,522 to €1,969
mainly Receivables within one year (-€21,670) and Trade debts (-€10,767)
- Tangible fixed assets -€2,435
down €2,435 (-20.1%), from €12,125 to €9,690
of which Plant, machinery and equipment: -€2,065
- Reserves +€12,059
up €12,059 (+51.4%), from €23,466 to €35,525
- Trade debts -€10,767
down €10,767 (-75.6%), from €14,249 to €3,482
- Tax, wage and social debts +€2,321
up €2,321 (+34.5%), from €6,724 to €9,045
- Gross operating margin -€11,983
down €11,983 (-37.6%), from €31,844 to €19,861
- Taxes -€2,833
down €2,833 (-42.4%), from €6,689 to €3,856
- Depreciation +€2,385
up €2,385 (+4,737%), from €50 to €2,435
- Financial income +€583
up €583 (+145%), from €403 to €986
- Financial charges +€348
up €348 (+28.2%), from €1,234 to €1,581
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 | €49,439 | €53,052 | +€3,613 | +7.3% |
| Fixed assets | 21/28 | €12,125 | €9,690 | -€2,435 | -20.1% |
| Tangible fixed assets | 22/27 | €12,125 | €9,690 | -€2,435 | -20.1% |
| Land and buildings | 22 | €1,808 | €1,438 | -€371 | -20.5% |
| Plant, machinery and equipment | 23 | €10,317 | €8,253 | -€2,065 | -20.0% |
| Current assets | 29/58 | €37,313 | €43,362 | +€6,048 | +16.2% |
| Amounts receivable within one year | 40/41 | €19,723 | €41,393 | +€21,670 | +110% |
| Trade receivables | 40 | €4,435 | €14,913 | +€10,477 | +236% |
| Other amounts receivable | 41 | €15,287 | €26,480 | +€11,193 | +73.2% |
| Cash at bank and in hand | 54/58 | €17,522 | €1,969 | -€15,553 | -88.8% |
| Deferred charges and accrued income | 490/1 | €69 | - | -€69 | |
| Total equity and liabilities | 10/49 | €49,439 | €53,052 | +€3,613 | +7.3% |
| Equity | 10/15 | €28,466 | €40,525 | +€12,059 | +42.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €23,466 | €35,525 | +€12,059 | +51.4% |
| Distributable reserves | 133 | €23,466 | €35,525 | +€12,059 | +51.4% |
| Amounts payable | 17/49 | €20,973 | €12,527 | -€8,446 | -40.3% |
| Amounts payable within one year | 42/48 | €20,973 | €12,527 | -€8,446 | -40.3% |
| Trade debts | 44 | €14,249 | €3,482 | -€10,767 | -75.6% |
| Suppliers | 440/4 | €14,249 | €3,482 | -€10,767 | -75.6% |
| Taxes, remuneration and social security | 45 | €6,724 | €9,045 | +€2,321 | +34.5% |
| Taxes | 450/3 | €6,724 | €9,045 | +€2,321 | +34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50 | €2,435 | +€2,385 | +4,737% |
| Other operating charges | 640/8 | €808 | €915 | +€107 | +13.2% |
| Gross operating margin | 9900 | €31,844 | €19,861 | -€11,983 | -37.6% |
| Operating profit (loss) | 9901 | €30,986 | €16,511 | -€14,474 | -46.7% |
| Financial income | 75/76B | €403 | €986 | +€583 | +145% |
| Recurring financial income | 75 | €403 | €986 | +€583 | +145% |
| Financial charges | 65/66B | €1,234 | €1,581 | +€348 | +28.2% |
| Recurring financial charges | 65 | €1,234 | €1,581 | +€348 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €30,155 | €15,915 | -€14,239 | -47.2% |
| Income taxes | 67/77 | €6,689 | €3,856 | -€2,833 | -42.4% |
| Profit (loss) for the period | 9904 | €23,466 | €12,059 | -€11,406 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,466 | €12,059 | -€11,406 | -48.6% |
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 25 October 2026 via checked.be.