Taxbel: 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.
Taxbel
Largest movements
- Receivables within one year +€7,527
up €7,527 (+16.4%), from €45,924 to €53,451
of which Other amounts receivable: +€12,102
- Intangible fixed assets -€833
down €833 (-57.4%), from €1,452 to €619
- Trade debts +€4,602
up €4,602 (+75.1%), from €6,131 to €10,733
- Debts after one year +€1,733
new in 2025: €1,733
- Tax, wage and social debts -€1,201
down €1,201 (-15.6%), from €7,681 to €6,480
- Profit (loss) carried forward +€1,153
up €1,153 (+4.6%), from €25,168 to €26,321
- Gross operating margin -€11,669
down €11,669 (-63.2%), from €18,474 to €6,805
- Taxes -€2,489
down €2,489 (-79.4%), from €3,136 to €647
- Other operating charges -€686
down €686 (-70.0%), from €979 to €293
- Financial charges -€383
down €383 (-10.1%), from €3,790 to €3,406
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 | €48,132 | €54,658 | +€6,526 | +13.6% |
| Fixed assets | 21/28 | €2,007 | €944 | -€1,063 | -53.0% |
| Intangible fixed assets | 21 | €1,452 | €619 | -€833 | -57.4% |
| Tangible fixed assets | 22/27 | €555 | €325 | -€230 | -41.4% |
| Furniture and vehicles | 24 | €555 | €325 | -€230 | -41.4% |
| Current assets | 29/58 | €46,124 | €53,714 | +€7,589 | +16.5% |
| Amounts receivable within one year | 40/41 | €45,924 | €53,451 | +€7,527 | +16.4% |
| Trade receivables | 40 | €11,269 | €6,694 | -€4,575 | -40.6% |
| Other amounts receivable | 41 | €34,655 | €46,758 | +€12,102 | +34.9% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | €200 | €262 | +€62 | +31.1% |
| Total equity and liabilities | 10/49 | €48,132 | €54,658 | +€6,526 | +13.6% |
| Equity | 10/15 | €26,168 | €27,321 | +€1,153 | +4.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,168 | €26,321 | +€1,153 | +4.6% |
| Amounts payable | 17/49 | €21,963 | €27,337 | +€5,374 | +24.5% |
| Amounts payable after more than one year | 17 | - | €1,733 | +€1,733 | |
| Other amounts payable | 178/9 | - | €1,733 | +€1,733 | |
| Amounts payable within one year | 42/48 | €21,963 | €25,604 | +€3,640 | +16.6% |
| Financial debts | 43 | €8,151 | €8,391 | +€239 | +2.9% |
| Credit institutions | 430/8 | €8,151 | €8,391 | +€239 | +2.9% |
| Trade debts | 44 | €6,131 | €10,733 | +€4,602 | +75.1% |
| Suppliers | 440/4 | €6,131 | €10,733 | +€4,602 | +75.1% |
| Taxes, remuneration and social security | 45 | €7,681 | €6,480 | -€1,201 | -15.6% |
| Taxes | 450/3 | €7,681 | €6,480 | -€1,201 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,236 | €1,306 | +€69 | +5.6% |
| Other operating charges | 640/8 | €979 | €293 | -€686 | -70.0% |
| Gross operating margin | 9900 | €18,474 | €6,805 | -€11,669 | -63.2% |
| Operating profit (loss) | 9901 | €16,259 | €5,206 | -€11,053 | -68.0% |
| Financial charges | 65/66B | €3,790 | €3,406 | -€383 | -10.1% |
| Recurring financial charges | 65 | €3,790 | €3,406 | -€383 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €12,469 | €1,800 | -€10,670 | -85.6% |
| Income taxes | 67/77 | €3,136 | €647 | -€2,489 | -79.4% |
| Profit (loss) for the period | 9904 | €9,333 | €1,153 | -€8,180 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,333 | €1,153 | -€8,180 | -87.7% |
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 17 October 2026 via checked.be.