THEOTAXI: 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.
THEOTAXI
Largest movements
- Cash -€7,593
down €7,593 (-36.2%), from €20,966 to €13,373
mainly Current portion of long-term debt (-€5,687) and Deferred charges and accrued income (-€4,133)
- Deferred charges and accrued income +€4,133
up €4,133 (+1,985%), from €208 to €4,341
- Tangible fixed assets -€3,635
down €3,635 (-34.6%), from €10,496 to €6,861
- Current portion of long-term debt -€5,687
no longer reported in 2025 (was €5,687)
- Tax, wage and social debts -€1,281
down €1,281 (-69.6%), from €1,841 to €559
- Gross operating margin -€5,986
down €5,986 (-57.3%), from €10,439 to €4,453
- Taxes -€1,802
down €1,802 (-97.4%), from €1,851 to €49
- Financial charges -€338
down €338 (-49.7%), from €681 to €342
- Other operating charges +€190
up €190 (+511%), from €37 to €228
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 | €36,199 | €29,453 | -€6,746 | -18.6% |
| Fixed assets | 21/28 | €10,539 | €6,904 | -€3,635 | -34.5% |
| Tangible fixed assets | 22/27 | €10,496 | €6,861 | -€3,635 | -34.6% |
| Furniture and vehicles | 24 | €10,496 | €6,861 | -€3,635 | -34.6% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €25,660 | €22,549 | -€3,111 | -12.1% |
| Amounts receivable within one year | 40/41 | €4,486 | €4,835 | +€349 | +7.8% |
| Trade receivables | 40 | - | €376 | +€376 | |
| Other amounts receivable | 41 | €4,486 | €4,459 | -€27 | -0.6% |
| Cash at bank and in hand | 54/58 | €20,966 | €13,373 | -€7,593 | -36.2% |
| Deferred charges and accrued income | 490/1 | €208 | €4,341 | +€4,133 | +1,985% |
| Total equity and liabilities | 10/49 | €36,199 | €29,453 | -€6,746 | -18.6% |
| Equity | 10/15 | €28,497 | €28,696 | +€199 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,297 | €22,496 | +€199 | +0.9% |
| Amounts payable | 17/49 | €7,702 | €757 | -€6,945 | -90.2% |
| Amounts payable within one year | 42/48 | €7,702 | €757 | -€6,945 | -90.2% |
| Current portion of amounts payable after more than one year | 42 | €5,687 | - | -€5,687 | |
| Trade debts | 44 | €175 | €198 | +€23 | +13.1% |
| Suppliers | 440/4 | €175 | €198 | +€23 | +13.1% |
| Taxes, remuneration and social security | 45 | €1,841 | €559 | -€1,281 | -69.6% |
| Taxes | 450/3 | €1,841 | €559 | -€1,281 | -69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,648 | €3,635 | -€14 | -0.4% |
| Other operating charges | 640/8 | €37 | €228 | +€190 | +511% |
| Gross operating margin | 9900 | €10,439 | €4,453 | -€5,986 | -57.3% |
| Operating profit (loss) | 9901 | €6,753 | €590 | -€6,163 | -91.3% |
| Financial charges | 65/66B | €681 | €342 | -€338 | -49.7% |
| Recurring financial charges | 65 | €681 | €342 | -€338 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €6,073 | €248 | -€5,825 | -95.9% |
| Income taxes | 67/77 | €1,851 | €49 | -€1,802 | -97.4% |
| Profit (loss) for the period | 9904 | €4,222 | €199 | -€4,023 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,222 | €199 | -€4,023 | -95.3% |
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 1 November 2026 via checked.be.