TaxWise Advisors: 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.
TaxWise Advisors
Largest movements
- Receivables within one year +€49,656
up €49,656 (+688%), from €7,216 to €56,872
of which Trade receivables: +€45,375
- Tangible fixed assets -€8,769
down €8,769 (-25.7%), from €34,157 to €25,388
- Deferred charges and accrued income -€3,940
down €3,940 (-96.7%), from €4,076 to €136
- Cash +€1,365
up €1,365 (+27.6%), from €4,938 to €6,303
mainly Net result for the year (+€461,557) and Other debts (+€28,822)
- Other debts +€28,822
up €28,822 (+68.7%), from €41,937 to €70,758
- Trade debts +€11,403
up €11,403 (+186%), from €6,141 to €17,543
- Tax, wage and social debts -€1,913
down €1,913 (-88.2%), from €2,170 to €257
of which Remuneration and social security: -€2,170
- Gross operating margin +€423,579
up €423,579 (+158%), from €268,279 to €691,859
- Taxes +€98,630
up €98,630 (+187%), from €52,698 to €151,328
- Financial charges +€24,213
up €24,213 (+58.4%), from €41,491 to €65,704
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 | €50,387 | €88,699 | +€38,312 | +76.0% |
| Fixed assets | 21/28 | €34,157 | €25,388 | -€8,769 | -25.7% |
| Tangible fixed assets | 22/27 | €34,157 | €25,388 | -€8,769 | -25.7% |
| Furniture and vehicles | 24 | €34,157 | €25,388 | -€8,769 | -25.7% |
| Current assets | 29/58 | €16,230 | €63,311 | +€47,081 | +290% |
| Amounts receivable within one year | 40/41 | €7,216 | €56,872 | +€49,656 | +688% |
| Trade receivables | 40 | - | €45,375 | +€45,375 | |
| Other amounts receivable | 41 | €7,216 | €11,497 | +€4,281 | +59.3% |
| Cash at bank and in hand | 54/58 | €4,938 | €6,303 | +€1,365 | +27.6% |
| Deferred charges and accrued income | 490/1 | €4,076 | €136 | -€3,940 | -96.7% |
| Total equity and liabilities | 10/49 | €50,387 | €88,699 | +€38,312 | +76.0% |
| Equity | 10/15 | €140 | €140 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €40 | €40 | = | 0.0% |
| Distributable reserves | 133 | €40 | €40 | = | 0.0% |
| Amounts payable | 17/49 | €50,247 | €88,559 | +€38,312 | +76.2% |
| Amounts payable within one year | 42/48 | €50,247 | €88,559 | +€38,312 | +76.2% |
| Trade debts | 44 | €6,141 | €17,543 | +€11,403 | +186% |
| Suppliers | 440/4 | €6,141 | €17,543 | +€11,403 | +186% |
| Taxes, remuneration and social security | 45 | €2,170 | €257 | -€1,913 | -88.2% |
| Taxes | 450/3 | - | €257 | +€257 | |
| Remuneration and social security | 454/9 | €2,170 | - | -€2,170 | |
| Other amounts payable | 47/48 | €41,937 | €70,758 | +€28,822 | +68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,272 | €12,769 | +€2,497 | +24.3% |
| Other operating charges | 640/8 | €547 | €501 | -€46 | -8.4% |
| Gross operating margin | 9900 | €268,279 | €691,859 | +€423,579 | +158% |
| Operating profit (loss) | 9901 | €257,461 | €678,589 | +€421,128 | +164% |
| Financial income | 75/76B | €1,763 | - | -€1,763 | |
| Recurring financial income | 75 | €1,763 | - | -€1,763 | |
| Financial charges | 65/66B | €41,491 | €65,704 | +€24,213 | +58.4% |
| Recurring financial charges | 65 | €41,491 | €65,704 | +€24,213 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €217,733 | €612,885 | +€395,152 | +181% |
| Income taxes | 67/77 | €52,698 | €151,328 | +€98,630 | +187% |
| Profit (loss) for the period | 9904 | €165,035 | €461,557 | +€296,522 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €165,035 | €461,557 | +€296,522 | +180% |
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 24 October 2026 via checked.be.