TAQTIQ: 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.
TAQTIQ
Largest movements
- Receivables within one year +€14,974
up €14,974 (+21,106%), from €71 to €15,045
of which Trade receivables: +€14,880
- Tangible fixed assets -€9,356
down €9,356 (-38.5%), from €24,329 to €14,973
- Intangible fixed assets -€6,000
down €6,000 (-10.0%), from €59,984 to €53,984
- Trade debts -€47,227
down €47,227 (-89.0%), from €53,088 to €5,861
- Profit (loss) carried forward +€19,120
up €19,120 (+2,481%), from €771 to €19,890
- Tax, wage and social debts +€18,249
up €18,249 (+458%), from €3,986 to €22,234
- Other debts +€10,598
up €10,598 (+1,892%), from €560 to €11,158
- Debts after one year -€2,408
down €2,408 (-10.7%), from €22,600 to €20,192
- Gross operating margin +€40,079
up €40,079 (+651%), from €6,154 to €46,233
- Depreciation +€12,566
up €12,566 (+354%), from €3,545 to €16,112
- Taxes +€7,124
up €7,124 (+1,388%), from €513 to €7,637
- Financial charges +€2,386
up €2,386 (+455%), from €525 to €2,911
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 | €85,825 | €84,048 | -€1,776 | -2.1% |
| Formation expenses | 20 | €756 | - | -€756 | |
| Fixed assets | 21/28 | €84,313 | €68,957 | -€15,356 | -18.2% |
| Intangible fixed assets | 21 | €59,984 | €53,984 | -€6,000 | -10.0% |
| Tangible fixed assets | 22/27 | €24,329 | €14,973 | -€9,356 | -38.5% |
| Furniture and vehicles | 24 | €24,329 | €14,973 | -€9,356 | -38.5% |
| Current assets | 29/58 | €756 | €15,091 | +€14,335 | +1,896% |
| Amounts receivable within one year | 40/41 | €71 | €15,045 | +€14,974 | +21,106% |
| Trade receivables | 40 | - | €14,880 | +€14,880 | |
| Other amounts receivable | 41 | €71 | €165 | +€94 | +132% |
| Cash at bank and in hand | 54/58 | €598 | €46 | -€552 | -92.3% |
| Deferred charges and accrued income | 490/1 | €87 | - | -€87 | |
| Total equity and liabilities | 10/49 | €85,825 | €84,048 | -€1,776 | -2.1% |
| Equity | 10/15 | €2,771 | €21,890 | +€19,120 | +690% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €771 | €19,890 | +€19,120 | +2,481% |
| Amounts payable | 17/49 | €83,054 | €62,158 | -€20,896 | -25.2% |
| Amounts payable after more than one year | 17 | €22,600 | €20,192 | -€2,408 | -10.7% |
| Financial debts | 170/4 | €22,600 | €20,192 | -€2,408 | -10.7% |
| Amounts payable within one year | 42/48 | €59,905 | €41,966 | -€17,939 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €2,272 | €2,713 | +€441 | +19.4% |
| Trade debts | 44 | €53,088 | €5,861 | -€47,227 | -89.0% |
| Suppliers | 440/4 | €53,088 | €5,861 | -€47,227 | -89.0% |
| Taxes, remuneration and social security | 45 | €3,986 | €22,234 | +€18,249 | +458% |
| Taxes | 450/3 | €3,986 | €22,234 | +€18,249 | +458% |
| Other amounts payable | 47/48 | €560 | €11,158 | +€10,598 | +1,892% |
| Accrued charges and deferred income | 492/3 | €549 | - | -€549 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,545 | €16,112 | +€12,566 | +354% |
| Other operating charges | 640/8 | - | €460 | +€460 | |
| Gross operating margin | 9900 | €6,154 | €46,233 | +€40,079 | +651% |
| Operating profit (loss) | 9901 | €2,609 | €29,662 | +€27,053 | +1,037% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €525 | €2,911 | +€2,386 | +455% |
| Recurring financial charges | 65 | €525 | €2,911 | +€2,386 | +455% |
| Profit (loss) for the period before taxes | 9903 | €2,084 | €26,757 | +€24,673 | +1,184% |
| Income taxes | 67/77 | €513 | €7,637 | +€7,124 | +1,388% |
| Profit (loss) for the period | 9904 | €1,571 | €19,120 | +€17,549 | +1,117% |
| Profit (loss) for the period to be appropriated | 9905 | €1,571 | €19,120 | +€17,549 | +1,117% |
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 22 October 2026 via checked.be.