Getax: 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.
Getax
Largest movements
- Financial fixed assets +€4.5m
up €4.5m (+183.4%), from €2.4m to €6.9m
- Receivables within one year +€1.1m
up €1.1m (+50.2%), from €2.2m to €3.4m
of which Trade receivables: +€952,216
- Cash +€332,466
up €332,466 (+1118.8%), from €29,717 to €362,182
mainly Net result for the year (+€4.9m) and Debts after one year (+€806,624)
- Tangible fixed assets +€269,005
up €269,005 (+30.5%), from €883,201 to €1.2m
of which Leasing and similar rights: +€301,301
- Intangible fixed assets -€149,287
down €149,287 (-27.5%), from €543,682 to €394,396
- Reserves +€4.9m
up €4.9m (+296.9%), from €1.7m to €6.6m
of which Distributable reserves: +€4.9m
- Debts after one year +€806,624
up €806,624 (+66.2%), from €1.2m to €2.0m
- Trade debts +€290,218
up €290,218 (+16.6%), from €1.8m to €2.0m
- Other debts -€134,500
down €134,500 (-40.2%), from €334,500 to €200,000
- Financial income +€4.4m
up €4.4m (+3032.9%), from €143,897 to €4.5m
of which Non-recurring financial income: +€4.5m
- Gross operating margin +€1.0m
up €1.0m (+25.6%), from €3.9m to €4.9m
- Staff costs +€260,459
up €260,459 (+8.0%), from €3.3m to €3.5m
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 | €6,306,974 | €12,377,765 | +€6.1m | +96.3% |
| Fixed assets | 21/28 | €3,855,665 | €8,430,171 | +€4.6m | +118.6% |
| Intangible fixed assets | 21 | €543,682 | €394,396 | -€149,287 | -27.5% |
| Tangible fixed assets | 22/27 | €883,201 | €1,152,206 | +€269,005 | +30.5% |
| Land and buildings | 22 | €9,871 | €9,581 | -€291 | -2.9% |
| Plant, machinery and equipment | 23 | €42,848 | €20,566 | -€22,281 | -52.0% |
| Furniture and vehicles | 24 | €28,844 | €19,120 | -€9,724 | -33.7% |
| Leasing and similar rights | 25 | €801,638 | €1,102,939 | +€301,301 | +37.6% |
| Financial fixed assets | 28 | €2,428,781 | €6,883,570 | +€4.5m | +183.4% |
| Current assets | 29/58 | €2,451,309 | €3,947,593 | +€1.5m | +61.0% |
| Stocks and contracts in progress | 3 | €75,717 | €75,989 | +€271 | +0.4% |
| Stocks | 30/36 | €75,717 | €75,989 | +€271 | +0.4% |
| Amounts receivable within one year | 40/41 | €2,248,238 | €3,377,003 | +€1.1m | +50.2% |
| Trade receivables | 40 | €1,773,240 | €2,725,456 | +€952,216 | +53.7% |
| Other amounts receivable | 41 | €474,998 | €651,547 | +€176,549 | +37.2% |
| Cash at bank and in hand | 54/58 | €29,717 | €362,182 | +€332,466 | +1118.8% |
| Deferred charges and accrued income | 490/1 | €97,637 | €132,419 | +€34,782 | +35.6% |
| Total equity and liabilities | 10/49 | €6,306,974 | €12,377,765 | +€6.1m | +96.3% |
| Equity | 10/15 | €1,733,013 | €6,655,769 | +€4.9m | +284.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,658,013 | €6,580,769 | +€4.9m | +296.9% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,612,237 | €1,612,237 | = | 0.0% |
| Distributable reserves | 133 | €38,276 | €4,961,032 | +€4.9m | +12861.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,573,961 | €5,721,996 | +€1.1m | +25.1% |
| Amounts payable after more than one year | 17 | €1,218,539 | €2,025,162 | +€806,624 | +66.2% |
| Financial debts | 170/4 | €1,218,539 | €2,025,162 | +€806,624 | +66.2% |
| Amounts payable within one year | 42/48 | €3,355,422 | €3,691,278 | +€335,856 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €544,121 | €613,759 | +€69,639 | +12.8% |
| Financial debts | 43 | €604,493 | €604,645 | +€152 | 0.0% |
| Credit institutions | 430/8 | €604,493 | €604,645 | +€152 | 0.0% |
| Trade debts | 44 | €1,752,782 | €2,043,000 | +€290,218 | +16.6% |
| Suppliers | 440/4 | €1,752,782 | €2,043,000 | +€290,218 | +16.6% |
| Taxes, remuneration and social security | 45 | €119,526 | €229,874 | +€110,348 | +92.3% |
| Taxes | 450/3 | €33,014 | €100,723 | +€67,709 | +205.1% |
| Remuneration and social security | 454/9 | €86,512 | €129,151 | +€42,639 | +49.3% |
| Other amounts payable | 47/48 | €334,500 | €200,000 | -€134,500 | -40.2% |
| Accrued charges and deferred income | 492/3 | - | €5,555 | +€5,555 | |
| Non-recurring operating income | 76A | €160,674 | €1,351 | -€159,323 | -99.2% |
| Remuneration, social security and pensions | 62 | €3,262,378 | €3,522,837 | +€260,459 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €663,787 | €683,701 | +€19,914 | +3.0% |
| Other operating charges | 640/8 | €70,710 | €81,203 | +€10,494 | +14.8% |
| Non-recurring operating charges | 66A | - | €15,717 | +€15,717 | |
| Gross operating margin | 9900 | €3,904,686 | €4,904,949 | +€1.0m | +25.6% |
| Operating profit (loss) | 9901 | -€92,190 | €601,490 | +€693,679 | |
| Financial income | 75/76B | €143,897 | €4,508,192 | +€4.4m | +3032.9% |
| Recurring financial income | 75 | €143,897 | €28,996 | -€114,901 | -79.8% |
| Non-recurring financial income | 76B | - | €4,479,196 | +€4.5m | |
| Financial charges | 65/66B | €157,424 | €176,021 | +€18,597 | +11.8% |
| Recurring financial charges | 65 | €157,424 | €176,021 | +€18,597 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€105,716 | €4,933,661 | +€5.0m | |
| Income taxes | 67/77 | €1,635 | €10,905 | +€9,270 | +567.1% |
| Profit (loss) for the period | 9904 | -€107,351 | €4,922,756 | +€5.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€107,351 | €4,922,756 | +€5.0m |
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 2 October 2026 via checked.be.