THE TALENT BOX: what changed
THE TALENT BOX
Largest movements
- Receivables within one year -€822,088
down €822,088 (-64.6%), from €1.3m to €449,866
- Current investments +€600,000
new in 2025: €600,000
- Cash -€104,045
down €104,045 (-49.5%), from €210,170 to €106,125
mainly Current investments (-€600,000) and Trade debts (-€343,146)
- Trade debts -€343,146
down €343,146 (-34.2%), from €1.0m to €660,491
- Financial income +€2,481
up €2,481 (+29,819%), from €8 to €2,489
- Taxes +€1,988
new in 2025: €1,988
- Gross operating margin +€1,946
up €1,946 (+18.5%), from €10,538 to €12,484
- Financial charges +€448
up €448 (+27.2%), from €1,647 to €2,095
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,482,124 | €1,156,329 | -€325,796 | -22.0% |
| Current assets | 29/58 | €1,482,124 | €1,156,329 | -€325,796 | -22.0% |
| Amounts receivable within one year | 40/41 | €1,271,955 | €449,866 | -€822,088 | -64.6% |
| Trade receivables | 40 | €1,271,955 | €449,866 | -€822,088 | -64.6% |
| Current investments | 50/53 | - | €600,000 | +€600,000 | |
| Cash at bank and in hand | 54/58 | €210,170 | €106,125 | -€104,045 | -49.5% |
| Deferred charges and accrued income | 490/1 | - | €337 | +€337 | |
| Total equity and liabilities | 10/49 | €1,482,124 | €1,156,329 | -€325,796 | -22.0% |
| Equity | 10/15 | €471,689 | €481,568 | +€9,879 | +2.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €463,629 | €473,508 | +€9,879 | +2.1% |
| Amounts payable | 17/49 | €1,010,435 | €674,761 | -€335,674 | -33.2% |
| Amounts payable within one year | 42/48 | €1,010,435 | €674,761 | -€335,674 | -33.2% |
| Trade debts | 44 | €1,003,637 | €660,491 | -€343,146 | -34.2% |
| Suppliers | 440/4 | €1,003,637 | €660,491 | -€343,146 | -34.2% |
| Taxes, remuneration and social security | 45 | €6,630 | €14,019 | +€7,389 | +111% |
| Taxes | 450/3 | €6,630 | €14,019 | +€7,389 | +111% |
| Other amounts payable | 47/48 | €168 | €251 | +€83 | +49.3% |
| Other operating charges | 640/8 | €1,006 | €1,012 | +€5 | +0.5% |
| Gross operating margin | 9900 | €10,538 | €12,484 | +€1,946 | +18.5% |
| Operating profit (loss) | 9901 | €9,532 | €11,472 | +€1,940 | +20.4% |
| Financial income | 75/76B | €8 | €2,489 | +€2,481 | +29,819% |
| Recurring financial income | 75 | €8 | €2,489 | +€2,481 | +29,819% |
| Financial charges | 65/66B | €1,647 | €2,095 | +€448 | +27.2% |
| Recurring financial charges | 65 | €1,647 | €2,095 | +€448 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €7,893 | €11,866 | +€3,973 | +50.3% |
| Income taxes | 67/77 | - | €1,988 | +€1,988 | |
| Profit (loss) for the period | 9904 | €7,893 | €9,879 | +€1,986 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,893 | €9,879 | +€1,986 | +25.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.