TAXPARTNERS: 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.
TAXPARTNERS
Largest movements
- Intangible fixed assets -€13,571
down €13,571 (-40.0%), from €33,929 to €20,357
- Cash -€10,741
down €10,741 (-48.1%), from €22,343 to €11,602
mainly Contributions, distributions and other (-€22,991) and Debts after one year (-€16,797)
- Deferred charges and accrued income +€3,920
up €3,920 (+73.4%), from €5,342 to €9,262
- Receivables within one year +€3,132
up €3,132 (+9.3%), from €33,534 to €36,667
of which Trade receivables: +€12,456
- Tangible fixed assets -€1,886
down €1,886 (-12.6%), from €14,933 to €13,048
of which Plant, machinery and equipment: -€1,616
- Debts after one year -€16,797
down €16,797 (-55.1%), from €30,474 to €13,677
- Reserves -€7,278
down €7,278 (-15.9%), from €45,677 to €38,399
- Other debts +€6,910
new in 2024: €6,910
- Tax, wage and social debts -€2,172
down €2,172 (-18.4%), from €11,794 to €9,622
- Accrued charges and deferred income -€1,248
down €1,248 (-78.0%), from €1,600 to €352
- Other operating charges -€1,340
down €1,340 (-47.9%), from €2,797 to €1,458
- Gross operating margin -€1,255
down €1,255 (-2.6%), from €48,677 to €47,422
- Financial charges +€955
up €955 (+41.0%), from €2,328 to €3,284
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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,081 | €90,935 | -€19,145 | -17.4% |
| Fixed assets | 21/28 | €48,862 | €33,405 | -€15,457 | -31.6% |
| Intangible fixed assets | 21 | €33,929 | €20,357 | -€13,571 | -40.0% |
| Tangible fixed assets | 22/27 | €14,933 | €13,048 | -€1,886 | -12.6% |
| Plant, machinery and equipment | 23 | €6,154 | €4,538 | -€1,616 | -26.3% |
| Furniture and vehicles | 24 | €8,779 | €8,509 | -€270 | -3.1% |
| Current assets | 29/58 | €61,219 | €57,531 | -€3,688 | -6.0% |
| Amounts receivable within one year | 40/41 | €33,534 | €36,667 | +€3,132 | +9.3% |
| Trade receivables | 40 | €22,205 | €34,661 | +€12,456 | +56.1% |
| Other amounts receivable | 41 | €11,329 | €2,006 | -€9,323 | -82.3% |
| Cash at bank and in hand | 54/58 | €22,343 | €11,602 | -€10,741 | -48.1% |
| Deferred charges and accrued income | 490/1 | €5,342 | €9,262 | +€3,920 | +73.4% |
| Total equity and liabilities | 10/49 | €110,081 | €90,935 | -€19,145 | -17.4% |
| Equity | 10/15 | €46,177 | €38,899 | -€7,278 | -15.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €45,677 | €38,399 | -€7,278 | -15.9% |
| Distributable reserves | 133 | €45,677 | €38,399 | -€7,278 | -15.9% |
| Amounts payable | 17/49 | €63,904 | €52,036 | -€11,867 | -18.6% |
| Amounts payable after more than one year | 17 | €30,474 | €13,677 | -€16,797 | -55.1% |
| Financial debts | 170/4 | €30,474 | €13,677 | -€16,797 | -55.1% |
| Amounts payable within one year | 42/48 | €31,829 | €38,008 | +€6,178 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €16,268 | €16,797 | +€529 | +3.3% |
| Trade debts | 44 | €3,767 | €4,678 | +€911 | +24.2% |
| Suppliers | 440/4 | €3,767 | €4,678 | +€911 | +24.2% |
| Taxes, remuneration and social security | 45 | €11,794 | €9,622 | -€2,172 | -18.4% |
| Taxes | 450/3 | €11,794 | €9,622 | -€2,172 | -18.4% |
| Other amounts payable | 47/48 | - | €6,910 | +€6,910 | |
| Accrued charges and deferred income | 492/3 | €1,600 | €352 | -€1,248 | -78.0% |
| Remuneration, social security and pensions | 62 | €3,269 | €2,867 | -€403 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,861 | €19,231 | +€371 | +2.0% |
| Other operating charges | 640/8 | €2,797 | €1,458 | -€1,340 | -47.9% |
| Gross operating margin | 9900 | €48,677 | €47,422 | -€1,255 | -2.6% |
| Operating profit (loss) | 9901 | €23,749 | €23,866 | +€117 | +0.5% |
| Financial income | 75/76B | €184 | €175 | -€10 | -5.3% |
| Recurring financial income | 75 | €184 | €175 | -€10 | -5.3% |
| Financial charges | 65/66B | €2,328 | €3,284 | +€955 | +41.0% |
| Recurring financial charges | 65 | €2,328 | €3,284 | +€955 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | €21,605 | €20,757 | -€848 | -3.9% |
| Income taxes | 67/77 | €5,264 | €5,044 | -€220 | -4.2% |
| Profit (loss) for the period | 9904 | €16,341 | €15,713 | -€628 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,341 | €15,713 | -€628 | -3.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.