TAX & ACCOUNTING: 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.
TAX & ACCOUNTING
Largest movements
- Tangible fixed assets -€12,473
down €12,473 (-28.3%), from €44,106 to €31,633
- Cash +€8,930
up €8,930 (+19.2%), from €46,593 to €55,523
mainly Depreciation (+€12,473) and Receivables within one year (+€6,715)
- Receivables within one year -€6,715
down €6,715 (-16.0%), from €41,970 to €35,255
of which Trade receivables: -€8,571
- Debts after one year -€9,195
down €9,195 (-38.6%), from €23,828 to €14,633
- Profit (loss) carried forward +€2,743
up €2,743 (+5.1%), from €53,285 to €56,028
- Trade debts -€1,803
down €1,803 (-55.1%), from €3,272 to €1,469
- Other debts -€1,635
down €1,635 (-10.2%), from €16,102 to €14,467
- Taxes +€4,383
up €4,383, from -€1,397 to €2,987
- Financial income +€757
up €757 (+392%), from €193 to €951
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 | €154,270 | €144,658 | -€9,612 | -6.2% |
| Fixed assets | 21/28 | €65,706 | €53,233 | -€12,473 | -19.0% |
| Tangible fixed assets | 22/27 | €44,106 | €31,633 | -€12,473 | -28.3% |
| Furniture and vehicles | 24 | €44,106 | €31,633 | -€12,473 | -28.3% |
| Financial fixed assets | 28 | €21,600 | €21,600 | = | 0.0% |
| Current assets | 29/58 | €88,563 | €91,424 | +€2,861 | +3.2% |
| Amounts receivable within one year | 40/41 | €41,970 | €35,255 | -€6,715 | -16.0% |
| Trade receivables | 40 | €29,673 | €21,102 | -€8,571 | -28.9% |
| Other amounts receivable | 41 | €12,297 | €14,154 | +€1,856 | +15.1% |
| Cash at bank and in hand | 54/58 | €46,593 | €55,523 | +€8,930 | +19.2% |
| Deferred charges and accrued income | 490/1 | - | €646 | +€646 | |
| Total equity and liabilities | 10/49 | €154,270 | €144,658 | -€9,612 | -6.2% |
| Equity | 10/15 | €98,497 | €101,240 | +€2,743 | +2.8% |
| Contributions | 10/11 | €41,102 | €41,102 | = | 0.0% |
| Contributions outside capital | 11 | €41,102 | - | -€41,102 | |
| Share premium | 1100/10 | €41,102 | - | -€41,102 | |
| Reserves | 13 | €4,110 | €4,110 | = | 0.0% |
| Distributable reserves | 133 | €4,110 | €4,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,285 | €56,028 | +€2,743 | +5.1% |
| Amounts payable | 17/49 | €55,773 | €43,418 | -€12,355 | -22.2% |
| Amounts payable after more than one year | 17 | €23,828 | €14,633 | -€9,195 | -38.6% |
| Financial debts | 170/4 | €23,828 | €14,633 | -€9,195 | -38.6% |
| Amounts payable within one year | 42/48 | €31,945 | €28,785 | -€3,160 | -9.9% |
| Financial debts | 43 | €8,770 | €9,195 | +€424 | +4.8% |
| Credit institutions | 430/8 | €8,770 | €9,195 | +€424 | +4.8% |
| Trade debts | 44 | €3,272 | €1,469 | -€1,803 | -55.1% |
| Suppliers | 440/4 | €3,272 | €1,469 | -€1,803 | -55.1% |
| Taxes, remuneration and social security | 45 | €3,800 | €3,654 | -€146 | -3.8% |
| Taxes | 450/3 | €3,800 | €3,654 | -€146 | -3.8% |
| Other amounts payable | 47/48 | €16,102 | €14,467 | -€1,635 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,473 | €12,473 | = | 0.0% |
| Other operating charges | 640/8 | €98 | €103 | +€5 | +5.3% |
| Gross operating margin | 9900 | €20,139 | €20,014 | -€125 | -0.6% |
| Operating profit (loss) | 9901 | €7,569 | €7,438 | -€130 | -1.7% |
| Financial income | 75/76B | €193 | €951 | +€757 | +392% |
| Recurring financial income | 75 | €193 | €951 | +€757 | +392% |
| Financial charges | 65/66B | €2,801 | €2,659 | -€142 | -5.1% |
| Recurring financial charges | 65 | €2,801 | €2,659 | -€142 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €4,961 | €5,730 | +€769 | +15.5% |
| Income taxes | 67/77 | -€1,397 | €2,987 | +€4,383 | |
| Profit (loss) for the period | 9904 | €6,357 | €2,743 | -€3,615 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,357 | €2,743 | -€3,615 | -56.9% |
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 31 October 2026 via checked.be.