TAXANDER: 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.
TAXANDER
Largest movements
- Receivables within one year +€38,939
up €38,939 (+57.4%), from €67,814 to €106,753
of which Trade receivables: +€34,404
- Tangible fixed assets +€11,195
up €11,195 (+649%), from €1,725 to €12,920
- Other debts +€38,096
up €38,096 (+29.7%), from €128,275 to €166,371
- Trade debts +€7,514
up €7,514 (+71.7%), from €10,483 to €17,998
- Financial charges +€4,674
up €4,674 (+657%), from €711 to €5,385
- Other operating charges -€914
down €914 (-67.2%), from €1,359 to €446
- Taxes -€501
down €501 (-5.9%), from €8,460 to €7,960
- Gross operating margin -€380
down €380 (-4.0%), from €9,554 to €9,174
- Depreciation +€327
up €327 (+20.8%), from €1,570 to €1,897
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 | €316,461 | €363,966 | +€47,505 | +15.0% |
| Fixed assets | 21/28 | €61,125 | €72,320 | +€11,195 | +18.3% |
| Tangible fixed assets | 22/27 | €1,725 | €12,920 | +€11,195 | +649% |
| Furniture and vehicles | 24 | €1,725 | €12,920 | +€11,195 | +649% |
| Financial fixed assets | 28 | €59,400 | €59,400 | = | 0.0% |
| Current assets | 29/58 | €255,336 | €291,646 | +€36,310 | +14.2% |
| Amounts receivable after more than one year | 29 | €183,445 | €183,445 | = | 0.0% |
| Other amounts receivable | 291 | €183,445 | €183,445 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €67,814 | €106,753 | +€38,939 | +57.4% |
| Trade receivables | 40 | - | €34,404 | +€34,404 | |
| Other amounts receivable | 41 | €67,814 | €72,349 | +€4,535 | +6.7% |
| Cash at bank and in hand | 54/58 | €4,077 | €1,448 | -€2,629 | -64.5% |
| Total equity and liabilities | 10/49 | €316,461 | €363,966 | +€47,505 | +15.0% |
| Equity | 10/15 | €161,280 | €163,399 | +€2,118 | +1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €155,080 | €157,199 | +€2,118 | +1.4% |
| Tax-exempt reserves | 132 | €15,392 | €15,392 | = | 0.0% |
| Distributable reserves | 133 | €139,689 | €141,807 | +€2,118 | +1.5% |
| Amounts payable | 17/49 | €155,181 | €200,568 | +€45,387 | +29.2% |
| Amounts payable within one year | 42/48 | €154,793 | €200,568 | +€45,774 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €11,335 | €11,304 | -€32 | -0.3% |
| Trade debts | 44 | €10,483 | €17,998 | +€7,514 | +71.7% |
| Suppliers | 440/4 | €10,483 | €17,998 | +€7,514 | +71.7% |
| Taxes, remuneration and social security | 45 | €4,700 | €4,895 | +€195 | +4.2% |
| Taxes | 450/3 | €4,700 | €4,895 | +€195 | +4.2% |
| Other amounts payable | 47/48 | €128,275 | €166,371 | +€38,096 | +29.7% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,570 | €1,897 | +€327 | +20.8% |
| Other operating charges | 640/8 | €1,359 | €446 | -€914 | -67.2% |
| Gross operating margin | 9900 | €9,554 | €9,174 | -€380 | -4.0% |
| Operating profit (loss) | 9901 | €6,624 | €6,832 | +€208 | +3.1% |
| Financial income | 75/76B | €8,341 | €8,631 | +€290 | +3.5% |
| Recurring financial income | 75 | €8,341 | €8,631 | +€290 | +3.5% |
| Financial charges | 65/66B | €711 | €5,385 | +€4,674 | +657% |
| Recurring financial charges | 65 | €711 | €5,385 | +€4,674 | +657% |
| Profit (loss) for the period before taxes | 9903 | €14,254 | €10,078 | -€4,176 | -29.3% |
| Income taxes | 67/77 | €8,460 | €7,960 | -€501 | -5.9% |
| Profit (loss) for the period | 9904 | €5,794 | €2,118 | -€3,676 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,794 | €2,118 | -€3,676 | -63.4% |
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 26 October 2026 via checked.be.