TAF Pro: 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.
TAF Pro
Largest movements
- Receivables within one year +€11,528
new in 2025: €11,528
- Cash -€6,133
down €6,133 (-10.8%), from €57,023 to €50,890
mainly Receivables within one year (-€11,528) and Investment in fixed assets (net) (-€2,668)
- Tangible fixed assets +€2,225
up €2,225 (+554.1%), from €402 to €2,627
- Other debts +€4,533
up €4,533 (+51.8%), from €8,752 to €13,285
- Reserves +€1,862
up €1,862 (+5.7%), from €32,779 to €34,640
- Tax, wage and social debts +€1,173
up €1,173 (+8.4%), from €13,969 to €15,142
of which Remuneration and social security: +€2,266
- Gross operating margin -€40,711
down €40,711 (-97.8%), from €41,631 to €920
- Taxes -€10,028
down €10,028, from €8,668 to -€1,360
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 | €57,425 | €65,077 | +€7,652 | +13.3% |
| Fixed assets | 21/28 | €402 | €2,627 | +€2,225 | +554.1% |
| Tangible fixed assets | 22/27 | €402 | €2,627 | +€2,225 | +554.1% |
| Plant, machinery and equipment | 23 | €402 | €2,627 | +€2,225 | +554.1% |
| Current assets | 29/58 | €57,023 | €62,450 | +€5,426 | +9.5% |
| Amounts receivable within one year | 40/41 | - | €11,528 | +€11,528 | |
| Trade receivables | 40 | - | €11,528 | +€11,528 | |
| Cash at bank and in hand | 54/58 | €57,023 | €50,890 | -€6,133 | -10.8% |
| Deferred charges and accrued income | 490/1 | - | €32 | +€32 | |
| Total equity and liabilities | 10/49 | €57,425 | €65,077 | +€7,652 | +13.3% |
| Equity | 10/15 | €33,779 | €35,640 | +€1,862 | +5.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,779 | €34,640 | +€1,862 | +5.7% |
| Distributable reserves | 133 | €32,779 | €34,640 | +€1,862 | +5.7% |
| Amounts payable | 17/49 | €23,646 | €29,436 | +€5,790 | +24.5% |
| Amounts payable within one year | 42/48 | €23,646 | €29,436 | +€5,790 | +24.5% |
| Trade debts | 44 | €925 | €1,010 | +€84 | +9.1% |
| Suppliers | 440/4 | €925 | €1,010 | +€84 | +9.1% |
| Taxes, remuneration and social security | 45 | €13,969 | €15,142 | +€1,173 | +8.4% |
| Taxes | 450/3 | €13,969 | €12,875 | -€1,094 | -7.8% |
| Remuneration and social security | 454/9 | - | €2,266 | +€2,266 | |
| Other amounts payable | 47/48 | €8,752 | €13,285 | +€4,533 | +51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208 | €443 | +€235 | +112.6% |
| Other operating charges | 640/8 | €118 | €170 | +€52 | +44.1% |
| Gross operating margin | 9900 | €41,631 | €920 | -€40,711 | -97.8% |
| Operating profit (loss) | 9901 | €41,305 | €307 | -€40,997 | -99.3% |
| Financial income | 75/76B | €150 | €290 | +€140 | +93.3% |
| Recurring financial income | 75 | €150 | €290 | +€140 | +93.3% |
| Financial charges | 65/66B | €8 | €96 | +€88 | +1100.0% |
| Recurring financial charges | 65 | €8 | €96 | +€88 | +1100.0% |
| Profit (loss) for the period before taxes | 9903 | €41,447 | €502 | -€40,944 | -98.8% |
| Income taxes | 67/77 | €8,668 | -€1,360 | -€10,028 | |
| Profit (loss) for the period | 9904 | €32,779 | €1,862 | -€30,917 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,779 | €1,862 | -€30,917 | -94.3% |
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 10 October 2026 via checked.be.