TaxMinute: 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.
TaxMinute
Largest movements
- Tangible fixed assets +€84,560
up €84,560 (+1,739%), from €4,862 to €89,422
of which Furniture and vehicles: +€81,431
- Cash -€31,447
down €31,447 (-42.3%), from €74,316 to €42,869
mainly Investment in fixed assets (net) (-€112,949) and Contributions, distributions and other (-€75,000)
- Receivables within one year +€27,224
up €27,224 (+173%), from €15,737 to €42,961
of which Trade receivables: +€21,643
- Financial fixed assets +€9,760
new in 2025: €9,760
- Deferred charges and accrued income +€2,958
up €2,958 (+78.5%), from €3,767 to €6,725
- Other debts +€112,242
up €112,242 (+92,762%), from €121 to €112,363
- Profit (loss) carried forward -€26,191
down €26,191 (-55.5%), from €47,151 to €20,960
- Accrued charges and deferred income +€4,714
up €4,714 (+13.0%), from €36,185 to €40,898
- Tax, wage and social debts +€2,390
up €2,390 (+24.2%), from €9,866 to €12,256
- Gross operating margin +€26,395
up €26,395 (+25.4%), from €103,883 to €130,278
- Financial charges +€16,564
up €16,564 (+60.7%), from €27,273 to €43,837
- Depreciation +€8,183
up €8,183 (+78.3%), from €10,446 to €18,629
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 | €98,682 | €191,736 | +€93,054 | +94.3% |
| Fixed assets | 21/28 | €4,862 | €99,182 | +€94,320 | +1,940% |
| Tangible fixed assets | 22/27 | €4,862 | €89,422 | +€84,560 | +1,739% |
| Plant, machinery and equipment | 23 | €1,098 | €4,227 | +€3,129 | +285% |
| Furniture and vehicles | 24 | €3,764 | €85,194 | +€81,431 | +2,164% |
| Financial fixed assets | 28 | - | €9,760 | +€9,760 | |
| Current assets | 29/58 | €93,820 | €92,555 | -€1,265 | -1.3% |
| Amounts receivable within one year | 40/41 | €15,737 | €42,961 | +€27,224 | +173% |
| Trade receivables | 40 | €15,737 | €37,380 | +€21,643 | +138% |
| Other amounts receivable | 41 | - | €5,580 | +€5,580 | |
| Cash at bank and in hand | 54/58 | €74,316 | €42,869 | -€31,447 | -42.3% |
| Deferred charges and accrued income | 490/1 | €3,767 | €6,725 | +€2,958 | +78.5% |
| Total equity and liabilities | 10/49 | €98,682 | €191,736 | +€93,054 | +94.3% |
| Equity | 10/15 | €52,151 | €25,960 | -€26,191 | -50.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,151 | €20,960 | -€26,191 | -55.5% |
| Amounts payable | 17/49 | €46,531 | €165,776 | +€119,245 | +256% |
| Amounts payable within one year | 42/48 | €10,347 | €124,878 | +€114,531 | +1,107% |
| Trade debts | 44 | €359 | €258 | -€101 | -28.1% |
| Suppliers | 440/4 | €359 | €258 | -€101 | -28.1% |
| Taxes, remuneration and social security | 45 | €9,866 | €12,256 | +€2,390 | +24.2% |
| Taxes | 450/3 | €9,866 | €12,256 | +€2,390 | +24.2% |
| Other amounts payable | 47/48 | €121 | €112,363 | +€112,242 | +92,762% |
| Accrued charges and deferred income | 492/3 | €36,185 | €40,898 | +€4,714 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,446 | €18,629 | +€8,183 | +78.3% |
| Other operating charges | 640/8 | €1,064 | €1,333 | +€269 | +25.3% |
| Gross operating margin | 9900 | €103,883 | €130,278 | +€26,395 | +25.4% |
| Operating profit (loss) | 9901 | €92,374 | €110,316 | +€17,942 | +19.4% |
| Financial income | 75/76B | €19 | €69 | +€50 | +259% |
| Recurring financial income | 75 | €19 | €69 | +€50 | +259% |
| Financial charges | 65/66B | €27,273 | €43,837 | +€16,564 | +60.7% |
| Recurring financial charges | 65 | €27,273 | €43,837 | +€16,564 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €65,120 | €66,549 | +€1,429 | +2.2% |
| Income taxes | 67/77 | €17,969 | €17,740 | -€230 | -1.3% |
| Profit (loss) for the period | 9904 | €47,151 | €48,809 | +€1,658 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,151 | €48,809 | +€1,658 | +3.5% |
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 23 October 2026 via checked.be.