T.D. TAX: 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.
T.D. TAX
Largest movements
- Cash +€7,364
up €7,364 (+19.1%), from €38,609 to €45,973
mainly Other debts (+€15,500) and Depreciation (+€7,691)
- Tangible fixed assets +€3,182
up €3,182 (+26.2%), from €12,165 to €15,347
of which Leasing and similar rights: +€8,949
- Deferred charges and accrued income -€949
no longer reported in 2025 (was €949)
- Receivables within one year +€848
up €848 (+368%), from €230 to €1,078
of which Other amounts receivable: +€848
- Other debts +€15,500
up €15,500 (+149%), from €10,378 to €25,878
- Profit (loss) carried forward -€7,854
down €7,854 (-80.5%), from €9,754 to €1,900
- Trade debts +€2,771
up €2,771 (+82.2%), from €3,371 to €6,143
- Turnover -€132,169
no longer reported in 2025 (was €132,169)
- Purchases and services -€41,598
no longer reported in 2025 (was €41,598)
- Gross operating margin -€17,128
down €17,128 (-18.9%), from €90,571 to €73,443
- Depreciation -€3,271
down €3,271 (-29.8%), from €10,962 to €7,691
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 | €52,081 | €62,526 | +€10,444 | +20.1% |
| Fixed assets | 21/28 | €12,293 | €15,474 | +€3,182 | +25.9% |
| Tangible fixed assets | 22/27 | €12,165 | €15,347 | +€3,182 | +26.2% |
| Furniture and vehicles | 24 | €12,165 | €6,398 | -€5,767 | -47.4% |
| Leasing and similar rights | 25 | - | €8,949 | +€8,949 | |
| Financial fixed assets | 28 | €128 | €128 | = | 0.0% |
| Current assets | 29/58 | €39,789 | €47,051 | +€7,262 | +18.3% |
| Amounts receivable within one year | 40/41 | €230 | €1,078 | +€848 | +368% |
| Trade receivables | 40 | €169 | €169 | = | 0.0% |
| Other amounts receivable | 41 | €61 | €909 | +€848 | +1,390% |
| Cash at bank and in hand | 54/58 | €38,609 | €45,973 | +€7,364 | +19.1% |
| Deferred charges and accrued income | 490/1 | €949 | - | -€949 | |
| Total equity and liabilities | 10/49 | €52,081 | €62,526 | +€10,444 | +20.1% |
| Equity | 10/15 | €28,346 | €20,492 | -€7,854 | -27.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,754 | €1,900 | -€7,854 | -80.5% |
| Amounts payable | 17/49 | €23,735 | €42,034 | +€18,298 | +77.1% |
| Amounts payable within one year | 42/48 | €23,735 | €42,034 | +€18,298 | +77.1% |
| Trade debts | 44 | €3,371 | €6,143 | +€2,771 | +82.2% |
| Suppliers | 440/4 | €3,371 | €6,143 | +€2,771 | +82.2% |
| Taxes, remuneration and social security | 45 | €9,986 | €10,013 | +€27 | +0.3% |
| Taxes | 450/3 | €166 | - | -€166 | |
| Remuneration and social security | 454/9 | €9,819 | €10,013 | +€193 | +2.0% |
| Other amounts payable | 47/48 | €10,378 | €25,878 | +€15,500 | +149% |
| Turnover | 70 | €132,169 | - | -€132,169 | |
| Goods, raw materials, services and sundry goods | 60/61 | €41,598 | - | -€41,598 | |
| Remuneration, social security and pensions | 62 | €69,988 | €69,267 | -€721 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,962 | €7,691 | -€3,271 | -29.8% |
| Other operating charges | 640/8 | €3,135 | €3,853 | +€719 | +22.9% |
| Gross operating margin | 9900 | €90,571 | €73,443 | -€17,128 | -18.9% |
| Operating profit (loss) | 9901 | €6,487 | -€7,368 | -€13,855 | |
| Financial income | 75/76B | €28 | €26 | -€2 | -7.6% |
| Recurring financial income | 75 | €28 | €26 | -€2 | -7.6% |
| Financial charges | 65/66B | €432 | €511 | +€79 | +18.2% |
| Recurring financial charges | 65 | €432 | €511 | +€79 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €6,082 | -€7,854 | -€13,936 | |
| Profit (loss) for the period | 9904 | €6,082 | -€7,854 | -€13,936 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,082 | -€7,854 | -€13,936 |
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 1 November 2026 via checked.be.