TAXACIBO: what changed
TAXACIBO
Largest movements
- Receivables within one year +€127,882
up €127,882 (+27.9%), from €457,672 to €585,554
- Tangible fixed assets +€68,859
up €68,859 (+409%), from €16,848 to €85,707
of which Other tangible fixed assets: +€62,495
- Deferred charges and accrued income +€34,537
up €34,537 (+3,093%), from €1,117 to €35,654
- Cash -€20,058
down €20,058 (-12.0%), from €167,748 to €147,690
- Intangible fixed assets -€15,975
down €15,975 (-11.0%), from €145,116 to €129,141
- Trade debts +€126,379
up €126,379 (+1,234%), from €10,243 to €136,622
- Other debts +€99,180
up €99,180 (+117%), from €85,000 to €184,180
- Reserves -€78,042
down €78,042 (-14.3%), from €545,505 to €467,462
- Debts after one year +€62,086
new in 2025: €62,086
- Tax, wage and social debts -€38,100
down €38,100 (-42.5%), from €89,700 to €51,599
of which Taxes: -€46,957
- Staff costs +€91,020
up €91,020 (+51.6%), from €176,320 to €267,340
- Gross operating margin -€31,807
down €31,807 (-5.3%), from €599,179 to €567,372
- Depreciation +€22,791
up €22,791 (+99.3%), from €22,950 to €45,740
- Taxes -€17,431
down €17,431 (-20.4%), from €85,376 to €67,945
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €788,570 | €983,946 | +€195,375 | +24.8% |
| Fixed assets | 21/28 | €162,034 | €215,048 | +€53,014 | +32.7% |
| Intangible fixed assets | 21 | €145,116 | €129,141 | -€15,975 | -11.0% |
| Tangible fixed assets | 22/27 | €16,848 | €85,707 | +€68,859 | +409% |
| Plant, machinery and equipment | 23 | €8,044 | €15,586 | +€7,542 | +93.8% |
| Furniture and vehicles | 24 | €7,471 | €6,293 | -€1,178 | -15.8% |
| Other tangible fixed assets | 26 | €1,332 | €63,827 | +€62,495 | +4,691% |
| Financial fixed assets | 28 | €70 | €200 | +€130 | +186% |
| Current assets | 29/58 | €626,537 | €768,898 | +€142,361 | +22.7% |
| Amounts receivable within one year | 40/41 | €457,672 | €585,554 | +€127,882 | +27.9% |
| Trade receivables | 40 | €457,672 | €585,554 | +€127,882 | +27.9% |
| Cash at bank and in hand | 54/58 | €167,748 | €147,690 | -€20,058 | -12.0% |
| Deferred charges and accrued income | 490/1 | €1,117 | €35,654 | +€34,537 | +3,093% |
| Total equity and liabilities | 10/49 | €788,570 | €983,946 | +€195,375 | +24.8% |
| Equity | 10/15 | €563,628 | €485,586 | -€78,042 | -13.8% |
| Contributions | 10/11 | €18,123 | €18,123 | = | 0.0% |
| Reserves | 13 | €545,505 | €467,462 | -€78,042 | -14.3% |
| Distributable reserves | 133 | €545,505 | €467,462 | -€78,042 | -14.3% |
| Amounts payable | 17/49 | €224,943 | €498,360 | +€273,417 | +122% |
| Amounts payable after more than one year | 17 | - | €62,086 | +€62,086 | |
| Financial debts | 170/4 | - | €62,086 | +€62,086 | |
| Amounts payable within one year | 42/48 | €224,943 | €436,274 | +€211,332 | +93.9% |
| Current portion of amounts payable after more than one year | 42 | - | €16,267 | +€16,267 | |
| Financial debts | 43 | €40,000 | €47,606 | +€7,606 | +19.0% |
| Credit institutions | 430/8 | €40,000 | €47,606 | +€7,606 | +19.0% |
| Trade debts | 44 | €10,243 | €136,622 | +€126,379 | +1,234% |
| Suppliers | 440/4 | €10,243 | €136,622 | +€126,379 | +1,234% |
| Taxes, remuneration and social security | 45 | €89,700 | €51,599 | -€38,100 | -42.5% |
| Taxes | 450/3 | €70,267 | €23,310 | -€46,957 | -66.8% |
| Remuneration and social security | 454/9 | €19,432 | €28,289 | +€8,857 | +45.6% |
| Other amounts payable | 47/48 | €85,000 | €184,180 | +€99,180 | +117% |
| Remuneration, social security and pensions | 62 | €176,320 | €267,340 | +€91,020 | +51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,950 | €45,740 | +€22,791 | +99.3% |
| Other operating charges | 640/8 | €5,513 | €2,434 | -€3,079 | -55.9% |
| Non-recurring operating charges | 66A | - | €1,689 | +€1,689 | |
| Gross operating margin | 9900 | €599,179 | €567,372 | -€31,807 | -5.3% |
| Operating profit (loss) | 9901 | €394,396 | €250,169 | -€144,227 | -36.6% |
| Financial income | 75/76B | €1,044 | €2,254 | +€1,210 | +116% |
| Recurring financial income | 75 | €1,044 | €2,254 | +€1,210 | +116% |
| Financial charges | 65/66B | €1,497 | €3,056 | +€1,559 | +104% |
| Recurring financial charges | 65 | €1,497 | €3,056 | +€1,559 | +104% |
| Profit (loss) for the period before taxes | 9903 | €393,942 | €249,366 | -€144,576 | -36.7% |
| Income taxes | 67/77 | €85,376 | €67,945 | -€17,431 | -20.4% |
| Profit (loss) for the period | 9904 | €308,567 | €181,422 | -€127,145 | -41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €308,567 | €181,422 | -€127,145 | -41.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.