DE TOXANDRIA: what changed
What changed
DE TOXANDRIA
NACE 93.127, Equestrian clubs
filed annual accounts (NBB)
Net result for the year
-€13,860
2024 · -€20,222+€6,362
Equity
-€33,127
2024 · -€19,267-€13,860
Cash
€2,175
2024 · €2,272-€97
Balance sheet total
€249,577
2024 · €262,981-€13,404
Largest movements
Assets
- Tangible fixed assets -€12,836
down €12,836 (-5.3%), from €243,812 to €230,975
of which Land and buildings: -€22,838
Equity and liabilities
- Other debts +€24,779
up €24,779 (+12.0%), from €206,553 to €231,331
- Debts after one year -€22,241
down €22,241 (-45.3%), from €49,044 to €26,803
- Profit (loss) carried forward -€13,860
down €13,860 (-36.4%), from -€38,025 to -€51,884
Income statement
- Gross operating margin +€9,159
up €9,159 (+139%), from €6,597 to €15,756
- Other operating charges +€1,627
up €1,627 (+173%), from €939 to €2,567
- Depreciation +€1,213
up €1,213 (+5.3%), from €22,838 to €24,051
- Financial income +€364
new in 2025: €364
- Financial charges +€320
up €320 (+10.5%), from €3,042 to €3,361
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€20,222
Gross operating margin
+€9,159
Depreciation
-€1,213
Other operating charges
-€1,627
Financial income
+€364
Financial charges
-€320
Result 2025
-€13,860
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€32,791
Investment
-€11,215
Financing
-€21,673
Cash 2024
€2,272
From operations (derived)
+€32,791
Net result for the year
-€13,860
Depreciation
+€24,051
Receivables within one year
-€1,426
Deferred charges and accrued income
+€1,897
Trade debts
-€870
Tax, wage and social debts
-€1,780
Other debts
+€24,779
Investment (derived)
-€11,215
Investment in fixed assets (net)
-€11,215
Financing
-€21,673
Debts after one year
-€22,241
Current portion of long-term debt
+€568
Cash 2025
€2,175
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,981 | €249,577 | -€13,404 | -5.1% |
| Fixed assets | 21/28 | €243,812 | €230,975 | -€12,836 | -5.3% |
| Tangible fixed assets | 22/27 | €243,812 | €230,975 | -€12,836 | -5.3% |
| Land and buildings | 22 | €243,812 | €220,974 | -€22,838 | -9.4% |
| Plant, machinery and equipment | 23 | - | €10,002 | +€10,002 | |
| Current assets | 29/58 | €19,169 | €18,601 | -€568 | -3.0% |
| Amounts receivable within one year | 40/41 | €15,000 | €16,426 | +€1,426 | +9.5% |
| Trade receivables | 40 | €15,000 | €16,000 | +€1,000 | +6.7% |
| Other amounts receivable | 41 | - | €426 | +€426 | |
| Cash at bank and in hand | 54/58 | €2,272 | €2,175 | -€97 | -4.3% |
| Deferred charges and accrued income | 490/1 | €1,897 | €0 | -€1,897 | -100% |
| Total equity and liabilities | 10/49 | €262,981 | €249,577 | -€13,404 | -5.1% |
| Equity | 10/15 | -€19,267 | -€33,127 | -€13,860 | -71.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157 | €157 | = | 0.0% |
| Non-distributable reserves | 130/1 | €157 | €157 | = | 0.0% |
| Reserves not available under the articles | 1311 | €157 | €157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,025 | -€51,884 | -€13,860 | -36.4% |
| Amounts payable | 17/49 | €282,248 | €282,703 | +€456 | +0.2% |
| Amounts payable after more than one year | 17 | €49,044 | €26,803 | -€22,241 | -45.3% |
| Financial debts | 170/4 | €49,044 | €26,803 | -€22,241 | -45.3% |
| Amounts payable within one year | 42/48 | €233,204 | €255,900 | +€22,697 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €22,499 | €23,067 | +€568 | +2.5% |
| Trade debts | 44 | €2,372 | €1,502 | -€870 | -36.7% |
| Suppliers | 440/4 | €2,372 | €1,502 | -€870 | -36.7% |
| Taxes, remuneration and social security | 45 | €1,780 | €0 | -€1,780 | -100% |
| Taxes | 450/3 | €1,780 | €0 | -€1,780 | -100% |
| Other amounts payable | 47/48 | €206,553 | €231,331 | +€24,779 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,838 | €24,051 | +€1,213 | +5.3% |
| Other operating charges | 640/8 | €939 | €2,567 | +€1,627 | +173% |
| Gross operating margin | 9900 | €6,597 | €15,756 | +€9,159 | +139% |
| Operating profit (loss) | 9901 | -€17,180 | -€10,862 | +€6,318 | +36.8% |
| Financial income | 75/76B | - | €364 | +€364 | |
| Recurring financial income | 75 | - | €364 | +€364 | |
| Financial charges | 65/66B | €3,042 | €3,361 | +€320 | +10.5% |
| Recurring financial charges | 65 | €3,042 | €3,361 | +€320 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | -€20,222 | -€13,860 | +€6,362 | +31.5% |
| Profit (loss) for the period | 9904 | -€20,222 | -€13,860 | +€6,362 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,222 | -€13,860 | +€6,362 | +31.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.