DR. TOUZANI: what changed
DR. TOUZANI
Largest movements
- Current investments +€33,750
new in 2025: €33,750
- Cash -€26,744
down €26,744 (-29.6%), from €90,384 to €63,639
mainly Contributions, distributions and other (-€100,000) and Current investments (-€33,750)
- Tangible fixed assets -€10,658
down €10,658 (-62.4%), from €17,067 to €6,410
- Receivables within one year +€5,513
up €5,513 (+5.0%), from €110,417 to €115,929
of which Other amounts receivable: +€23,800
- Other debts +€20,000
up €20,000 (+25.0%), from €80,000 to €100,000
- Tax, wage and social debts -€11,995
down €11,995 (-56.6%), from €21,188 to €9,194
of which Taxes: -€11,995
- Current portion of long-term debt -€5,249
no longer reported in 2025 (was €5,249)
- Financial income +€4,426
up €4,426 (+160%), from €2,761 to €7,186
- Gross operating margin +€2,972
up €2,972 (+2.3%), from €129,582 to €132,554
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,868 | €220,467 | +€2,599 | +1.2% |
| Fixed assets | 21/28 | €17,067 | €6,410 | -€10,658 | -62.4% |
| Tangible fixed assets | 22/27 | €17,067 | €6,410 | -€10,658 | -62.4% |
| Furniture and vehicles | 24 | €17,067 | €6,410 | -€10,658 | -62.4% |
| Current assets | 29/58 | €200,800 | €214,057 | +€13,256 | +6.6% |
| Amounts receivable within one year | 40/41 | €110,417 | €115,929 | +€5,513 | +5.0% |
| Trade receivables | 40 | €19,313 | €1,025 | -€18,288 | -94.7% |
| Other amounts receivable | 41 | €91,104 | €114,904 | +€23,800 | +26.1% |
| Current investments | 50/53 | - | €33,750 | +€33,750 | |
| Cash at bank and in hand | 54/58 | €90,384 | €63,639 | -€26,744 | -29.6% |
| Deferred charges and accrued income | 490/1 | - | €738 | +€738 | |
| Total equity and liabilities | 10/49 | €217,868 | €220,467 | +€2,599 | +1.2% |
| Equity | 10/15 | €106,066 | €105,563 | -€503 | -0.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,566 | €103,063 | -€503 | -0.5% |
| Amounts payable | 17/49 | €111,801 | €114,903 | +€3,102 | +2.8% |
| Amounts payable within one year | 42/48 | €111,801 | €114,903 | +€3,102 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €5,249 | - | -€5,249 | |
| Trade debts | 44 | €5,364 | €5,710 | +€346 | +6.4% |
| Suppliers | 440/4 | €5,364 | €5,710 | +€346 | +6.4% |
| Taxes, remuneration and social security | 45 | €21,188 | €9,194 | -€11,995 | -56.6% |
| Taxes | 450/3 | €18,688 | €6,694 | -€11,995 | -64.2% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €80,000 | €100,000 | +€20,000 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,658 | €10,658 | = | 0.0% |
| Other operating charges | 640/8 | €741 | €643 | -€98 | -13.2% |
| Gross operating margin | 9900 | €129,582 | €132,554 | +€2,972 | +2.3% |
| Operating profit (loss) | 9901 | €118,183 | €121,253 | +€3,070 | +2.6% |
| Financial income | 75/76B | €2,761 | €7,186 | +€4,426 | +160% |
| Recurring financial income | 75 | €2,761 | €7,186 | +€4,426 | +160% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €120,900 | €128,395 | +€7,494 | +6.2% |
| Income taxes | 67/77 | €27,694 | €28,898 | +€1,204 | +4.3% |
| Profit (loss) for the period | 9904 | €93,206 | €99,497 | +€6,290 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €93,206 | €99,497 | +€6,290 | +6.7% |
Next steps
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 7 November 2026 via checked.be.