B. TOMA: 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.
B. TOMA
Largest movements
- Cash +€46,640
up €46,640 (+17.9%), from €260,459 to €307,099
mainly Other debts (+€46,707) and Net result for the year (+€29,842)
- Receivables within one year -€18,749
down €18,749 (-68.1%), from €27,530 to €8,781
- Tangible fixed assets -€18,242
down €18,242 (-38.5%), from €47,440 to €29,198
of which Land and buildings: -€12,910
- Other debts +€46,707
new in 2025: €46,707
- Reserves -€17,115
down €17,115 (-6.0%), from €283,629 to €266,514
- Debts after one year -€14,225
down €14,225 (-45.3%), from €31,381 to €17,156
- Tax, wage and social debts -€12,386
down €12,386 (-74.9%), from €16,545 to €4,159
- Trade debts +€6,602
new in 2025: €6,602
- Staff costs -€14,348
down €14,348 (-11.8%), from €121,464 to €107,116
- Gross operating margin -€11,349
down €11,349 (-6.6%), from €172,693 to €161,344
- Taxes -€9,970
down €9,970 (-61.9%), from €16,094 to €6,124
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 | €357,750 | €367,763 | +€10,013 | +2.8% |
| Fixed assets | 21/28 | €47,440 | €29,198 | -€18,242 | -38.5% |
| Tangible fixed assets | 22/27 | €47,440 | €29,198 | -€18,242 | -38.5% |
| Land and buildings | 22 | €38,734 | €25,824 | -€12,910 | -33.3% |
| Plant, machinery and equipment | 23 | €7,198 | €3,374 | -€3,824 | -53.1% |
| Furniture and vehicles | 24 | €1,508 | - | -€1,508 | |
| Current assets | 29/58 | €310,310 | €338,565 | +€28,255 | +9.1% |
| Stocks and contracts in progress | 3 | €18,741 | €19,689 | +€948 | +5.1% |
| Stocks | 30/36 | €18,741 | €19,689 | +€948 | +5.1% |
| Amounts receivable within one year | 40/41 | €27,530 | €8,781 | -€18,749 | -68.1% |
| Other amounts receivable | 41 | €27,530 | €8,781 | -€18,749 | -68.1% |
| Cash at bank and in hand | 54/58 | €260,459 | €307,099 | +€46,640 | +17.9% |
| Deferred charges and accrued income | 490/1 | €3,580 | €2,996 | -€584 | -16.3% |
| Total equity and liabilities | 10/49 | €357,750 | €367,763 | +€10,013 | +2.8% |
| Equity | 10/15 | €296,029 | €278,914 | -€17,115 | -5.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €283,629 | €266,514 | -€17,115 | -6.0% |
| Distributable reserves | 133 | €283,629 | €266,514 | -€17,115 | -6.0% |
| Amounts payable | 17/49 | €61,721 | €88,849 | +€27,128 | +44.0% |
| Amounts payable after more than one year | 17 | €31,381 | €17,156 | -€14,225 | -45.3% |
| Financial debts | 170/4 | €31,381 | €17,156 | -€14,225 | -45.3% |
| Amounts payable within one year | 42/48 | €30,340 | €71,693 | +€41,353 | +136% |
| Current portion of amounts payable after more than one year | 42 | €13,795 | €14,225 | +€430 | +3.1% |
| Trade debts | 44 | - | €6,602 | +€6,602 | |
| Suppliers | 440/4 | - | €6,602 | +€6,602 | |
| Taxes, remuneration and social security | 45 | €16,545 | €4,159 | -€12,386 | -74.9% |
| Remuneration and social security | 454/9 | €16,545 | €4,159 | -€12,386 | -74.9% |
| Other amounts payable | 47/48 | - | €46,707 | +€46,707 | |
| Remuneration, social security and pensions | 62 | €121,464 | €107,116 | -€14,348 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,745 | €18,242 | -€503 | -2.7% |
| Gross operating margin | 9900 | €172,693 | €161,344 | -€11,349 | -6.6% |
| Operating profit (loss) | 9901 | €32,484 | €35,986 | +€3,502 | +10.8% |
| Financial income | 75/76B | €3,967 | €2,319 | -€1,648 | -41.5% |
| Recurring financial income | 75 | €3,967 | €2,319 | -€1,648 | -41.5% |
| Financial charges | 65/66B | €3,246 | €2,339 | -€907 | -27.9% |
| Recurring financial charges | 65 | €3,246 | €2,339 | -€907 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €33,205 | €35,966 | +€2,761 | +8.3% |
| Income taxes | 67/77 | €16,094 | €6,124 | -€9,970 | -61.9% |
| Profit (loss) for the period | 9904 | €17,111 | €29,842 | +€12,731 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,111 | €29,842 | +€12,731 | +74.4% |
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 19 October 2026 via checked.be.