TaxSwan: 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.
TaxSwan
Largest movements
- Cash +€6,242
up €6,242 (+132%), from €4,744 to €10,986
mainly Net result for the year (+€3,654) and Tax, wage and social debts (+€2,679)
- Receivables within one year -€640
down €640 (-13.1%), from €4,869 to €4,229
of which Trade receivables: -€640
- Tangible fixed assets +€472
up €472 (+11.4%), from €4,152 to €4,624
- Profit (loss) carried forward +€2,821
up €2,821 (+25.1%), from €11,219 to €14,039
- Tax, wage and social debts +€2,679
up €2,679 (+185%), from €1,451 to €4,130
of which Taxes: +€1,401
- Other debts +€351
up €351 (+106%), from €332 to €683
- Gross operating margin +€13,701
up €13,701, from -€7,403 to €6,298
- Taxes +€669
up €669 (+386%), from €174 to €843
- Other operating charges +€130
up €130 (+29.0%), from €448 to €577
- Financial charges -€95
down €95 (-13.7%), from €694 to €599
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 | €13,884 | €19,888 | +€6,004 | +43.2% |
| Fixed assets | 21/28 | €4,152 | €4,624 | +€472 | +11.4% |
| Tangible fixed assets | 22/27 | €4,152 | €4,624 | +€472 | +11.4% |
| Furniture and vehicles | 24 | €4,152 | €4,624 | +€472 | +11.4% |
| Current assets | 29/58 | €9,732 | €15,264 | +€5,532 | +56.8% |
| Amounts receivable within one year | 40/41 | €4,869 | €4,229 | -€640 | -13.1% |
| Trade receivables | 40 | €4,840 | €4,200 | -€640 | -13.2% |
| Other amounts receivable | 41 | €29 | €29 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,744 | €10,986 | +€6,242 | +132% |
| Deferred charges and accrued income | 490/1 | €119 | €49 | -€70 | -58.6% |
| Total equity and liabilities | 10/49 | €13,884 | €19,888 | +€6,004 | +43.2% |
| Equity | 10/15 | €12,099 | €14,919 | +€2,821 | +23.3% |
| Contributions | 10/11 | €800 | €800 | = | 0.0% |
| Contributions outside capital | 11 | €800 | €800 | = | 0.0% |
| Other | 1109/19 | €800 | €800 | = | 0.0% |
| Reserves | 13 | €80 | €80 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80 | €80 | = | 0.0% |
| Reserves not available under the articles | 1311 | €80 | €80 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,219 | €14,039 | +€2,821 | +25.1% |
| Amounts payable | 17/49 | €1,785 | €4,969 | +€3,183 | +178% |
| Amounts payable within one year | 42/48 | €1,785 | €4,969 | +€3,183 | +178% |
| Trade debts | 44 | €3 | €155 | +€153 | +5,949% |
| Suppliers | 440/4 | €3 | €155 | +€153 | +5,949% |
| Taxes, remuneration and social security | 45 | €1,451 | €4,130 | +€2,679 | +185% |
| Taxes | 450/3 | €1,291 | €2,692 | +€1,401 | +109% |
| Remuneration and social security | 454/9 | €160 | €1,438 | +€1,278 | +799% |
| Other amounts payable | 47/48 | €332 | €683 | +€351 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €663 | €675 | +€12 | +1.7% |
| Other operating charges | 640/8 | €448 | €577 | +€130 | +29.0% |
| Non-recurring operating charges | 66A | €475 | - | -€475 | |
| Gross operating margin | 9900 | -€7,403 | €6,298 | +€13,701 | |
| Operating profit (loss) | 9901 | -€8,989 | €5,045 | +€14,035 | |
| Financial income | 75/76B | €0 | €50 | +€50 | +16,567% |
| Recurring financial income | 75 | €0 | €50 | +€50 | +16,567% |
| Financial charges | 65/66B | €694 | €599 | -€95 | -13.7% |
| Recurring financial charges | 65 | €694 | €599 | -€95 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,683 | €4,496 | +€14,179 | |
| Income taxes | 67/77 | €174 | €843 | +€669 | +386% |
| Profit (loss) for the period | 9904 | -€9,856 | €3,654 | +€13,510 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,856 | €3,654 | +€13,510 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.