MYTAX: 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.
MYTAX
Largest movements
- Intangible fixed assets -€18,500
down €18,500 (-25.0%), from €74,000 to €55,500
- Cash -€16,087
down €16,087 (-27.7%), from €58,094 to €42,006
mainly Other debts (-€18,126) and Current portion of long-term debt (-€15,707)
- Other debts -€18,126
down €18,126 (-88.3%), from €20,518 to €2,392
- Current portion of long-term debt -€15,707
down €15,707 (-93.1%), from €16,866 to €1,159
- Trade debts -€2,100
no longer reported in 2025 (was €2,100)
- Gross operating margin -€15,018
down €15,018 (-37.1%), from €40,453 to €25,435
- Depreciation -€4,293
down €4,293 (-18.2%), from €23,624 to €19,331
- Taxes -€2,339
down €2,339 (-74.9%), from €3,124 to €785
- Other operating charges +€1,691
up €1,691 (+109%), from €1,546 to €3,237
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 | €149,912 | €113,530 | -€36,382 | -24.3% |
| Fixed assets | 21/28 | €79,891 | €60,561 | -€19,331 | -24.2% |
| Intangible fixed assets | 21 | €74,000 | €55,500 | -€18,500 | -25.0% |
| Tangible fixed assets | 22/27 | €5,866 | €5,036 | -€831 | -14.2% |
| Furniture and vehicles | 24 | €207 | €29 | -€178 | -85.9% |
| Other tangible fixed assets | 26 | €5,659 | €5,006 | -€653 | -11.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €70,020 | €52,969 | -€17,051 | -24.4% |
| Amounts receivable within one year | 40/41 | €11,927 | €10,963 | -€964 | -8.1% |
| Trade receivables | 40 | €6,894 | €6,822 | -€72 | -1.0% |
| Other amounts receivable | 41 | €5,033 | €4,141 | -€892 | -17.7% |
| Cash at bank and in hand | 54/58 | €58,094 | €42,006 | -€16,087 | -27.7% |
| Total equity and liabilities | 10/49 | €149,912 | €113,530 | -€36,382 | -24.3% |
| Equity | 10/15 | €107,409 | €108,703 | +€1,294 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,809 | €90,103 | +€1,294 | +1.5% |
| Amounts payable | 17/49 | €42,503 | €4,827 | -€37,676 | -88.6% |
| Amounts payable after more than one year | 17 | €1,158 | - | -€1,158 | |
| Financial debts | 170/4 | €1,158 | - | -€1,158 | |
| Amounts payable within one year | 42/48 | €41,345 | €4,827 | -€36,518 | -88.3% |
| Current portion of amounts payable after more than one year | 42 | €16,866 | €1,159 | -€15,707 | -93.1% |
| Trade debts | 44 | €2,100 | - | -€2,100 | |
| Suppliers | 440/4 | €2,100 | - | -€2,100 | |
| Taxes, remuneration and social security | 45 | €1,861 | €1,276 | -€585 | -31.4% |
| Taxes | 450/3 | €1,861 | €1,276 | -€585 | -31.4% |
| Other amounts payable | 47/48 | €20,518 | €2,392 | -€18,126 | -88.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,624 | €19,331 | -€4,293 | -18.2% |
| Other operating charges | 640/8 | €1,546 | €3,237 | +€1,691 | +109% |
| Gross operating margin | 9900 | €40,453 | €25,435 | -€15,018 | -37.1% |
| Operating profit (loss) | 9901 | €15,283 | €2,867 | -€12,416 | -81.2% |
| Financial charges | 65/66B | €647 | €788 | +€141 | +21.7% |
| Recurring financial charges | 65 | €647 | €788 | +€141 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €14,635 | €2,079 | -€12,556 | -85.8% |
| Income taxes | 67/77 | €3,124 | €785 | -€2,339 | -74.9% |
| Profit (loss) for the period | 9904 | €11,511 | €1,294 | -€10,217 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,511 | €1,294 | -€10,217 | -88.8% |
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 16 October 2026 via checked.be.