TAX SAVING: 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 SAVING
Largest movements
- Cash +€31,983
up €31,983 (+59.9%), from €53,420 to €85,403
mainly Net result for the year (+€32,232) and Depreciation (+€11,196)
- Receivables within one year +€20,678
up €20,678 (+195.1%), from €10,598 to €31,276
of which Trade receivables: +€20,040
- Tangible fixed assets -€10,073
down €10,073 (-45.9%), from €21,959 to €11,886
- Deferred charges and accrued income +€2,455
up €2,455 (+131.4%), from €1,869 to €4,324
- Reserves +€32,232
up €32,232 (+54.9%), from €58,742 to €90,974
- Tax, wage and social debts +€8,176
up €8,176 (+83.6%), from €9,781 to €17,956
of which Remuneration and social security: +€4,781
- Trade debts +€3,602
up €3,602 (+180.6%), from €1,995 to €5,597
- Gross operating margin +€30,826
up €30,826 (+43.8%), from €70,402 to €101,228
- Taxes +€16,591
up €16,591 (+578.6%), from €2,867 to €19,458
- Staff costs +€1,477
up €1,477 (+4.1%), from €36,025 to €37,503
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 | €88,456 | €133,049 | +€44,594 | +50.4% |
| Fixed assets | 21/28 | €22,569 | €12,046 | -€10,523 | -46.6% |
| Tangible fixed assets | 22/27 | €21,959 | €11,886 | -€10,073 | -45.9% |
| Furniture and vehicles | 24 | €21,959 | €11,886 | -€10,073 | -45.9% |
| Financial fixed assets | 28 | €610 | €160 | -€450 | -73.8% |
| Current assets | 29/58 | €65,886 | €121,003 | +€55,117 | +83.7% |
| Amounts receivable within one year | 40/41 | €10,598 | €31,276 | +€20,678 | +195.1% |
| Trade receivables | 40 | €10,598 | €30,638 | +€20,040 | +189.1% |
| Other amounts receivable | 41 | - | €638 | +€638 | |
| Cash at bank and in hand | 54/58 | €53,420 | €85,403 | +€31,983 | +59.9% |
| Deferred charges and accrued income | 490/1 | €1,869 | €4,324 | +€2,455 | +131.4% |
| Total equity and liabilities | 10/49 | €88,456 | €133,049 | +€44,594 | +50.4% |
| Equity | 10/15 | €58,744 | €90,976 | +€32,232 | +54.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €58,742 | €90,974 | +€32,232 | +54.9% |
| Distributable reserves | 133 | €58,742 | €90,974 | +€32,232 | +54.9% |
| Profit (loss) carried forward | 14 | -€999 | -€999 | = | 0.0% |
| Amounts payable | 17/49 | €29,712 | €42,074 | +€12,362 | +41.6% |
| Amounts payable within one year | 42/48 | €29,712 | €42,074 | +€12,362 | +41.6% |
| Trade debts | 44 | €1,995 | €5,597 | +€3,602 | +180.6% |
| Suppliers | 440/4 | €1,995 | €5,597 | +€3,602 | +180.6% |
| Taxes, remuneration and social security | 45 | €9,781 | €17,956 | +€8,176 | +83.6% |
| Taxes | 450/3 | €5,481 | €8,875 | +€3,394 | +61.9% |
| Remuneration and social security | 454/9 | €4,300 | €9,081 | +€4,781 | +111.2% |
| Other amounts payable | 47/48 | €17,936 | €18,521 | +€584 | +3.3% |
| Remuneration, social security and pensions | 62 | €36,025 | €37,503 | +€1,477 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,971 | €11,196 | +€225 | +2.0% |
| Other operating charges | 640/8 | €969 | €822 | -€147 | -15.2% |
| Gross operating margin | 9900 | €70,402 | €101,228 | +€30,826 | +43.8% |
| Operating profit (loss) | 9901 | €22,437 | €51,708 | +€29,271 | +130.5% |
| Financial income | 75/76B | €197 | €321 | +€124 | +63.1% |
| Recurring financial income | 75 | €197 | €321 | +€124 | +63.1% |
| Financial charges | 65/66B | €78 | €338 | +€260 | +334.5% |
| Recurring financial charges | 65 | €78 | €338 | +€260 | +334.5% |
| Profit (loss) for the period before taxes | 9903 | €22,555 | €51,690 | +€29,135 | +129.2% |
| Income taxes | 67/77 | €2,867 | €19,458 | +€16,591 | +578.6% |
| Profit (loss) for the period | 9904 | €19,688 | €32,232 | +€12,544 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,688 | €32,232 | +€12,544 | +63.7% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.