TaxFlex: 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.
TaxFlex
Largest movements
- Receivables within one year -€83,735
down €83,735 (-82.4%), from €101,580 to €17,846
of which Other amounts receivable: -€81,776
- Receivables after one year +€71,969
new in 2024: €71,969
- Cash -€1,850
down €1,850 (-75.1%), from €2,462 to €612
- Profit (loss) carried forward -€13,689
down €13,689 (-41.3%), from €33,158 to €19,469
- Gross operating margin -€14,433
down €14,433 (-410.0%), from -€3,521 to -€17,954
- Financial income -€3,368
down €3,368 (-36.7%), from €9,176 to €5,808
- Other operating charges +€1,081
up €1,081 (+951.3%), from €114 to €1,194
- Taxes +€250
new in 2024: €250
From the 2023 result to the 2024 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
A cash bridge needs two consecutive fiscal 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,242 | €90,627 | -€13,615 | -13.1% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €104,042 | €90,427 | -€13,615 | -13.1% |
| Amounts receivable after more than one year | 29 | - | €71,969 | +€71,969 | |
| Trade receivables | 290 | - | €71,969 | +€71,969 | |
| Amounts receivable within one year | 40/41 | €101,580 | €17,846 | -€83,735 | -82.4% |
| Trade receivables | 40 | €1,959 | - | -€1,959 | |
| Other amounts receivable | 41 | €99,622 | €17,846 | -€81,776 | -82.1% |
| Cash at bank and in hand | 54/58 | €2,462 | €612 | -€1,850 | -75.1% |
| Total equity and liabilities | 10/49 | €104,242 | €90,627 | -€13,615 | -13.1% |
| Equity | 10/15 | €100,319 | €86,630 | -€13,689 | -13.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,161 | €5,161 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,161 | €5,161 | = | 0.0% |
| Legal reserve | 130 | €5,161 | €5,161 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,158 | €19,469 | -€13,689 | -41.3% |
| Amounts payable | 17/49 | €3,923 | €3,998 | +€75 | +1.9% |
| Amounts payable within one year | 42/48 | €3,923 | €3,998 | +€75 | +1.9% |
| Trade debts | 44 | €2,479 | €1,783 | -€696 | -28.1% |
| Suppliers | 440/4 | €2,479 | €1,783 | -€696 | -28.1% |
| Taxes, remuneration and social security | 45 | €100 | €871 | +€771 | +770.7% |
| Taxes | 450/3 | €100 | €871 | +€771 | +770.7% |
| Other amounts payable | 47/48 | €1,344 | €1,344 | = | 0.0% |
| Other operating charges | 640/8 | €114 | €1,194 | +€1,081 | +951.3% |
| Gross operating margin | 9900 | -€3,521 | -€17,954 | -€14,433 | -410.0% |
| Operating profit (loss) | 9901 | -€3,634 | -€19,148 | -€15,514 | -426.9% |
| Financial income | 75/76B | €9,176 | €5,808 | -€3,368 | -36.7% |
| Recurring financial income | 75 | €9,176 | €5,808 | -€3,368 | -36.7% |
| Financial charges | 65/66B | €128 | €99 | -€28 | -22.3% |
| Recurring financial charges | 65 | €128 | €99 | -€28 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €5,414 | -€13,439 | -€18,853 | |
| Income taxes | 67/77 | - | €250 | +€250 | |
| Profit (loss) for the period | 9904 | €5,414 | -€13,689 | -€19,103 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,414 | -€13,689 | -€19,103 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.