Taylor Vision: 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.
Taylor Vision
Largest movements
- Cash +€58,996
up €58,996 (+82.4%), from €71,619 to €130,615
mainly Net result for the year (+€152,271) and Other debts (+€48,810)
- Tangible fixed assets -€18,078
down €18,078 (-34.2%), from €52,818 to €34,740
of which Plant, machinery and equipment: -€12,133
- Receivables within one year -€11,611
no longer reported in 2025 (was €11,611)
- Deferred charges and accrued income +€7,302
up €7,302 (+12.8%), from €57,065 to €64,367
- Other debts +€48,810
up €48,810 (+38.5%), from €126,689 to €175,500
- Debts after one year -€11,665
no longer reported in 2025 (was €11,665)
- Current portion of long-term debt -€2,900
down €2,900 (-19.9%), from €14,565 to €11,665
- Tax, wage and social debts +€2,332
up €2,332 (+13.1%), from €17,825 to €20,156
of which Taxes: +€10,432
- Gross operating margin +€57,663
up €57,663 (+34.5%), from €167,150 to €224,812
- Taxes +€15,482
up €15,482 (+48.6%), from €31,833 to €47,315
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.
Cash bridge derived
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 | €193,163 | €229,772 | +€36,609 | +19.0% |
| Fixed assets | 21/28 | €52,868 | €34,790 | -€18,078 | -34.2% |
| Tangible fixed assets | 22/27 | €52,818 | €34,740 | -€18,078 | -34.2% |
| Plant, machinery and equipment | 23 | €34,882 | €22,750 | -€12,133 | -34.8% |
| Furniture and vehicles | 24 | €17,935 | €11,990 | -€5,945 | -33.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €140,295 | €194,982 | +€54,687 | +39.0% |
| Amounts receivable within one year | 40/41 | €11,611 | - | -€11,611 | |
| Other amounts receivable | 41 | €11,611 | - | -€11,611 | |
| Cash at bank and in hand | 54/58 | €71,619 | €130,615 | +€58,996 | +82.4% |
| Deferred charges and accrued income | 490/1 | €57,065 | €64,367 | +€7,302 | +12.8% |
| Total equity and liabilities | 10/49 | €193,163 | €229,772 | +€36,609 | +19.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Amounts payable | 17/49 | €172,703 | €209,312 | +€36,609 | +21.2% |
| Amounts payable after more than one year | 17 | €11,665 | - | -€11,665 | |
| Financial debts | 170/4 | €11,665 | - | -€11,665 | |
| Amounts payable within one year | 42/48 | €161,038 | €209,312 | +€48,274 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €14,565 | €11,665 | -€2,900 | -19.9% |
| Trade debts | 44 | €1,959 | €1,991 | +€31 | +1.6% |
| Suppliers | 440/4 | €1,959 | €1,991 | +€31 | +1.6% |
| Taxes, remuneration and social security | 45 | €17,825 | €20,156 | +€2,332 | +13.1% |
| Taxes | 450/3 | €9,725 | €20,156 | +€10,432 | +107.3% |
| Remuneration and social security | 454/9 | €8,100 | - | -€8,100 | |
| Other amounts payable | 47/48 | €126,689 | €175,500 | +€48,810 | +38.5% |
| Remuneration, social security and pensions | 62 | €1,778 | €2,010 | +€232 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,478 | €21,817 | -€1,661 | -7.1% |
| Other operating charges | 640/8 | €1,593 | €1,307 | -€286 | -18.0% |
| Gross operating margin | 9900 | €167,150 | €224,812 | +€57,663 | +34.5% |
| Operating profit (loss) | 9901 | €140,300 | €199,679 | +€59,378 | +42.3% |
| Financial income | 75/76B | €363 | €529 | +€166 | +45.7% |
| Recurring financial income | 75 | €363 | €529 | +€166 | +45.7% |
| Financial charges | 65/66B | €819 | €622 | -€197 | -24.1% |
| Recurring financial charges | 65 | €819 | €622 | -€197 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €139,845 | €199,586 | +€59,741 | +42.7% |
| Income taxes | 67/77 | €31,833 | €47,315 | +€15,482 | +48.6% |
| Profit (loss) for the period | 9904 | €108,011 | €152,271 | +€44,260 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €108,011 | €152,271 | +€44,260 | +41.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.