DE TOL: what changed
Two fiscal 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.
DE TOL
Largest movements
- Cash +€6,103
up €6,103 (+42.5%), from €14,374 to €20,477
mainly Net result for the year (+€8,266) and Trade debts (+€1,661)
- Receivables within one year +€4,044
up €4,044 (+729.6%), from €554 to €4,598
- Deferred charges and accrued income -€1,500
no longer reported in 2025 (was €1,500)
- Reserves +€8,266
up €8,266 (+71.1%), from €11,633 to €19,900
- Trade debts +€1,661
up €1,661 (+7334.0%), from €23 to €1,684
- Accrued charges and deferred income -€1,031
down €1,031 (-40.4%), from €2,553 to €1,522
- Gross operating margin +€11,825
up €11,825 (+541.5%), from €2,184 to €14,009
- Taxes +€3,313
up €3,313 (+340.2%), from €974 to €4,287
- Financial charges +€851
up €851 (+1102.3%), from €77 to €928
- Depreciation -€400
no longer reported in 2025 (was €400)
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.
Cash bridge derived
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 | €16,428 | €25,325 | +€8,897 | +54.2% |
| Fixed assets | 21/28 | - | €250 | +€250 | |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €16,428 | €25,075 | +€8,647 | +52.6% |
| Amounts receivable within one year | 40/41 | €554 | €4,598 | +€4,044 | +729.6% |
| Other amounts receivable | 41 | €554 | €4,598 | +€4,044 | +729.6% |
| Cash at bank and in hand | 54/58 | €14,374 | €20,477 | +€6,103 | +42.5% |
| Deferred charges and accrued income | 490/1 | €1,500 | - | -€1,500 | |
| Total equity and liabilities | 10/49 | €16,428 | €25,325 | +€8,897 | +54.2% |
| Equity | 10/15 | €13,853 | €22,119 | +€8,266 | +59.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,633 | €19,900 | +€8,266 | +71.1% |
| Distributable reserves | 133 | €11,633 | €19,900 | +€8,266 | +71.1% |
| Profit (loss) carried forward | 14 | €219 | €219 | = | 0.0% |
| Amounts payable | 17/49 | €2,575 | €3,206 | +€630 | +24.5% |
| Amounts payable within one year | 42/48 | €23 | €1,684 | +€1,661 | +7334.0% |
| Trade debts | 44 | €23 | €1,684 | +€1,661 | +7334.0% |
| Suppliers | 440/4 | €23 | €1,684 | +€1,661 | +7334.0% |
| Accrued charges and deferred income | 492/3 | €2,553 | €1,522 | -€1,031 | -40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | - | -€400 | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €2,184 | €14,009 | +€11,825 | +541.5% |
| Operating profit (loss) | 9901 | €1,271 | €13,481 | +€12,211 | +961.1% |
| Financial charges | 65/66B | €77 | €928 | +€851 | +1102.3% |
| Recurring financial charges | 65 | €77 | €928 | +€851 | +1102.3% |
| Profit (loss) for the period before taxes | 9903 | €1,193 | €12,553 | +€11,360 | +952.0% |
| Income taxes | 67/77 | €974 | €4,287 | +€3,313 | +340.2% |
| Profit (loss) for the period | 9904 | €219 | €8,266 | +€8,047 | +3667.4% |
| Profit (loss) for the period to be appropriated | 9905 | €219 | €8,266 | +€8,047 | +3667.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.