Taymans: 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.
Taymans
Largest movements
- Cash +€237,849
up €237,849 (+76.4%), from €311,217 to €549,066
mainly Stocks and contracts (+€91,249) and Net result for the year (+€78,573)
- Stocks and contracts -€91,249
down €91,249 (-96.9%), from €94,199 to €2,950
- Receivables within one year -€50,337
down €50,337 (-96.2%), from €52,347 to €2,010
of which Trade receivables: -€46,744
- Tangible fixed assets -€13,104
down €13,104 (-5.1%), from €256,135 to €243,031
of which Furniture and vehicles: -€33,232
- Reserves +€78,573
up €78,573 (+11.3%), from €697,320 to €775,893
- Gross operating margin -€199,028
down €199,028 (-59.5%), from €334,417 to €135,389
- Taxes -€47,586
down €47,586 (-56.6%), from €84,037 to €36,452
- Depreciation -€27,990
down €27,990 (-56.4%), from €49,664 to €21,674
- Staff costs -€25,587
down €25,587, from €25,512 to -€74
- Financial income -€4,576
down €4,576 (-34.4%), from €13,293 to €8,717
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 | €723,372 | €801,550 | +€78,178 | +10.8% |
| Fixed assets | 21/28 | €256,405 | €243,166 | -€13,239 | -5.2% |
| Tangible fixed assets | 22/27 | €256,135 | €243,031 | -€13,104 | -5.1% |
| Land and buildings | 22 | €216,671 | €237,729 | +€21,058 | +9.7% |
| Plant, machinery and equipment | 23 | €6,232 | €5,302 | -€930 | -14.9% |
| Furniture and vehicles | 24 | €33,232 | - | -€33,232 | |
| Financial fixed assets | 28 | €270 | €135 | -€135 | -50.0% |
| Current assets | 29/58 | €466,967 | €558,384 | +€91,417 | +19.6% |
| Stocks and contracts in progress | 3 | €94,199 | €2,950 | -€91,249 | -96.9% |
| Stocks | 30/36 | €94,199 | €2,950 | -€91,249 | -96.9% |
| Amounts receivable within one year | 40/41 | €52,347 | €2,010 | -€50,337 | -96.2% |
| Trade receivables | 40 | €47,613 | €869 | -€46,744 | -98.2% |
| Other amounts receivable | 41 | €4,734 | €1,141 | -€3,593 | -75.9% |
| Cash at bank and in hand | 54/58 | €311,217 | €549,066 | +€237,849 | +76.4% |
| Deferred charges and accrued income | 490/1 | €9,204 | €4,359 | -€4,846 | -52.6% |
| Total equity and liabilities | 10/49 | €723,372 | €801,550 | +€78,178 | +10.8% |
| Equity | 10/15 | €714,408 | €792,981 | +€78,573 | +11.0% |
| Contributions | 10/11 | €16,857 | €16,857 | = | 0.0% |
| Reserves | 13 | €697,320 | €775,893 | +€78,573 | +11.3% |
| Distributable reserves | 133 | €697,320 | €775,893 | +€78,573 | +11.3% |
| Profit (loss) carried forward | 14 | €232 | €232 | = | 0.0% |
| Amounts payable | 17/49 | €8,964 | €8,569 | -€395 | -4.4% |
| Amounts payable within one year | 42/48 | €5,464 | €5,069 | -€395 | -7.2% |
| Trade debts | 44 | €2,370 | €2,390 | +€20 | +0.8% |
| Suppliers | 440/4 | €2,370 | €2,390 | +€20 | +0.8% |
| Taxes, remuneration and social security | 45 | €2,094 | €1,680 | -€415 | -19.8% |
| Taxes | 450/3 | €217 | €1,680 | +€1,462 | +673.8% |
| Remuneration and social security | 454/9 | €1,877 | - | -€1,877 | |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,500 | €3,500 | = | 0.0% |
| Non-recurring operating income | 76A | €60,000 | €92,879 | +€32,879 | +54.8% |
| Remuneration, social security and pensions | 62 | €25,512 | -€74 | -€25,587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,664 | €21,674 | -€27,990 | -56.4% |
| Other operating charges | 640/8 | €9,589 | €7,275 | -€2,314 | -24.1% |
| Gross operating margin | 9900 | €334,417 | €135,389 | -€199,028 | -59.5% |
| Operating profit (loss) | 9901 | €249,652 | €106,514 | -€143,137 | -57.3% |
| Financial income | 75/76B | €13,293 | €8,717 | -€4,576 | -34.4% |
| Recurring financial income | 75 | €13,293 | €8,717 | -€4,576 | -34.4% |
| Financial charges | 65/66B | €1,038 | €207 | -€831 | -80.0% |
| Recurring financial charges | 65 | €1,038 | €207 | -€831 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €261,907 | €115,024 | -€146,882 | -56.1% |
| Income taxes | 67/77 | €84,037 | €36,452 | -€47,586 | -56.6% |
| Profit (loss) for the period | 9904 | €177,869 | €78,573 | -€99,297 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €177,869 | €78,573 | -€99,297 | -55.8% |
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 6 October 2026 via checked.be.