TAXCONWEB: what changed
Two fiscal 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.
TAXCONWEB
Largest movements
- Receivables within one year -€109,315
down €109,315 (-26.5%), from €411,906 to €302,591
of which Other amounts receivable: -€59,406
- Cash +€26,946
up €26,946 (+19210.1%), from €140 to €27,086
mainly Receivables within one year (+€109,315) and Other debts (+€12,751)
- Deferred charges and accrued income -€5,342
down €5,342 (-31.7%), from €16,843 to €11,501
- Reserves -€65,762
down €65,762 (-29.8%), from €220,570 to €154,808
- Trade debts -€20,676
down €20,676 (-12.1%), from €170,800 to €150,124
- Other debts +€12,751
new in 2025: €12,751
- Tax, wage and social debts -€9,270
down €9,270 (-24.5%), from €37,803 to €28,534
of which Taxes: -€9,277
- Profit (loss) carried forward -€5,030
new in 2025: -€5,030
- Write-downs +€39,911
new in 2025: €39,911
- Gross operating margin -€28,229
down €28,229 (-34.7%), from €81,281 to €53,052
- Taxes -€26,579
down €26,579 (-99.6%), from €26,696 to €117
- Other operating charges +€6,912
up €6,912 (+62.2%), from €11,113 to €18,025
- Financial income -€5,009
down €5,009 (-92.2%), from €5,435 to €425
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 | €429,224 | €341,237 | -€87,986 | -20.5% |
| Fixed assets | 21/28 | €334 | €59 | -€276 | -82.5% |
| Tangible fixed assets | 22/27 | €333 | €58 | -€276 | -82.7% |
| Furniture and vehicles | 24 | €333 | €58 | -€276 | -82.7% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €428,889 | €341,179 | -€87,711 | -20.5% |
| Amounts receivable within one year | 40/41 | €411,906 | €302,591 | -€109,315 | -26.5% |
| Trade receivables | 40 | €211,973 | €162,064 | -€49,909 | -23.5% |
| Other amounts receivable | 41 | €199,933 | €140,527 | -€59,406 | -29.7% |
| Cash at bank and in hand | 54/58 | €140 | €27,086 | +€26,946 | +19210.1% |
| Deferred charges and accrued income | 490/1 | €16,843 | €11,501 | -€5,342 | -31.7% |
| Total equity and liabilities | 10/49 | €429,224 | €341,237 | -€87,986 | -20.5% |
| Equity | 10/15 | €220,620 | €149,828 | -€70,792 | -32.1% |
| Contributions | 10/11 | €50 | €50 | = | 0.0% |
| Reserves | 13 | €220,570 | €154,808 | -€65,762 | -29.8% |
| Distributable reserves | 133 | €220,570 | €154,808 | -€65,762 | -29.8% |
| Profit (loss) carried forward | 14 | - | -€5,030 | -€5,030 | |
| Amounts payable | 17/49 | €208,604 | €191,409 | -€17,195 | -8.2% |
| Amounts payable within one year | 42/48 | €208,604 | €191,409 | -€17,195 | -8.2% |
| Trade debts | 44 | €170,800 | €150,124 | -€20,676 | -12.1% |
| Suppliers | 440/4 | €170,800 | €150,124 | -€20,676 | -12.1% |
| Taxes, remuneration and social security | 45 | €37,803 | €28,534 | -€9,270 | -24.5% |
| Taxes | 450/3 | €36,354 | €27,077 | -€9,277 | -25.5% |
| Remuneration and social security | 454/9 | €1,449 | €1,456 | +€7 | +0.5% |
| Other amounts payable | 47/48 | - | €12,751 | +€12,751 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,019 | €276 | -€743 | -72.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €39,911 | +€39,911 | |
| Other operating charges | 640/8 | €11,113 | €18,025 | +€6,912 | +62.2% |
| Gross operating margin | 9900 | €81,281 | €53,052 | -€28,229 | -34.7% |
| Operating profit (loss) | 9901 | €69,149 | -€5,160 | -€74,309 | |
| Financial income | 75/76B | €5,435 | €425 | -€5,009 | -92.2% |
| Recurring financial income | 75 | €5,435 | €425 | -€5,009 | -92.2% |
| Financial charges | 65/66B | €251 | €178 | -€73 | -28.9% |
| Recurring financial charges | 65 | €251 | €178 | -€73 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €74,332 | -€4,913 | -€79,246 | |
| Income taxes | 67/77 | €26,696 | €117 | -€26,579 | -99.6% |
| Profit (loss) for the period | 9904 | €47,636 | -€5,030 | -€52,667 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,636 | -€5,030 | -€52,667 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.