TAXIRIS: 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.
TAXIRIS
Largest movements
- Financial fixed assets -€150,000
no longer reported in 2025 (was €150,000)
- Receivables within one year +€13,714
up €13,714 (+55.2%), from €24,837 to €38,551
of which Other amounts receivable: +€12,607
- Tangible fixed assets -€6,691
down €6,691 (-33.3%), from €20,072 to €13,381
- Cash +€4,589
up €4,589 (+43.9%), from €10,448 to €15,036
mainly Investment in fixed assets (net) (+€150,000) and Net result for the year (+€12,001)
- Debts after one year -€155,524
down €155,524 (-97.5%), from €159,550 to €4,026
- Profit (loss) carried forward +€12,001
up €12,001 (+34.8%), from €34,438 to €46,440
- Tax, wage and social debts +€6,725
up €6,725 (+113.9%), from €5,903 to €12,628
of which Taxes: +€4,342
- Gross operating margin +€16,365
up €16,365 (+40.7%), from €40,245 to €56,610
- Staff costs +€11,690
up €11,690 (+71.1%), from €16,436 to €28,126
- Financial charges +€2,903
up €2,903 (+315.5%), from €920 to €3,823
- Taxes +€802
up €802 (+22.7%), from €3,539 to €4,341
- Depreciation -€611
down €611 (-8.4%), from €7,302 to €6,691
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 | €207,387 | €70,291 | -€137,096 | -66.1% |
| Fixed assets | 21/28 | €170,072 | €13,381 | -€156,691 | -92.1% |
| Tangible fixed assets | 22/27 | €20,072 | €13,381 | -€6,691 | -33.3% |
| Furniture and vehicles | 24 | €20,072 | €13,381 | -€6,691 | -33.3% |
| Financial fixed assets | 28 | €150,000 | - | -€150,000 | |
| Current assets | 29/58 | €37,315 | €56,910 | +€19,594 | +52.5% |
| Amounts receivable within one year | 40/41 | €24,837 | €38,551 | +€13,714 | +55.2% |
| Trade receivables | 40 | - | €1,107 | +€1,107 | |
| Other amounts receivable | 41 | €24,837 | €37,444 | +€12,607 | +50.8% |
| Cash at bank and in hand | 54/58 | €10,448 | €15,036 | +€4,589 | +43.9% |
| Deferred charges and accrued income | 490/1 | €2,031 | €3,322 | +€1,292 | +63.6% |
| Total equity and liabilities | 10/49 | €207,387 | €70,291 | -€137,096 | -66.1% |
| Equity | 10/15 | €34,438 | €46,440 | +€12,001 | +34.8% |
| Contributions | 10/11 | €0 | €0 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,438 | €46,440 | +€12,001 | +34.8% |
| Amounts payable | 17/49 | €172,949 | €23,851 | -€149,098 | -86.2% |
| Amounts payable after more than one year | 17 | €159,550 | €4,026 | -€155,524 | -97.5% |
| Financial debts | 170/4 | €159,550 | €4,026 | -€155,524 | -97.5% |
| Amounts payable within one year | 42/48 | €13,399 | €19,825 | +€6,426 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €5,828 | -€172 | -2.9% |
| Trade debts | 44 | €888 | €1,369 | +€481 | +54.2% |
| Suppliers | 440/4 | €888 | €1,369 | +€481 | +54.2% |
| Taxes, remuneration and social security | 45 | €5,903 | €12,628 | +€6,725 | +113.9% |
| Taxes | 450/3 | €3,986 | €8,328 | +€4,342 | +108.9% |
| Remuneration and social security | 454/9 | €1,917 | €4,301 | +€2,383 | +124.3% |
| Other amounts payable | 47/48 | €609 | - | -€609 | |
| Remuneration, social security and pensions | 62 | €16,436 | €28,126 | +€11,690 | +71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,302 | €6,691 | -€611 | -8.4% |
| Other operating charges | 640/8 | €1,352 | €1,628 | +€277 | +20.5% |
| Gross operating margin | 9900 | €40,245 | €56,610 | +€16,365 | +40.7% |
| Operating profit (loss) | 9901 | €15,155 | €20,165 | +€5,009 | +33.1% |
| Financial charges | 65/66B | €920 | €3,823 | +€2,903 | +315.5% |
| Recurring financial charges | 65 | €920 | €3,823 | +€2,903 | +315.5% |
| Profit (loss) for the period before taxes | 9903 | €14,236 | €16,342 | +€2,107 | +14.8% |
| Income taxes | 67/77 | €3,539 | €4,341 | +€802 | +22.7% |
| Profit (loss) for the period | 9904 | €10,696 | €12,001 | +€1,305 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,696 | €12,001 | +€1,305 | +12.2% |
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 11 October 2026 via checked.be.