LOS TONTOS: what changed
LOS TONTOS
Largest movements
- Tangible fixed assets +€19,451
up €19,451 (+10.9%), from €177,822 to €197,273
of which Plant, machinery and equipment: +€36,448
- Cash +€5,465
up €5,465 (+56.7%), from €9,638 to €15,103
mainly Net result for the year (+€72,230) and Depreciation (+€29,859)
- Receivables within one year +€4,387
up €4,387 (+77.6%), from €5,651 to €10,038
of which Trade receivables: +€4,162
- Profit (loss) carried forward +€72,230
up €72,230 (+72.5%), from -€99,570 to -€27,340
- Other debts -€58,532
down €58,532 (-31.7%), from €184,481 to €125,949
- Trade debts +€16,693
up €16,693 (+293%), from €5,701 to €22,394
- Debts after one year -€8,227
down €8,227 (-83.7%), from €9,829 to €1,602
- Tax, wage and social debts +€7,059
new in 2025: €7,059
of which Taxes: +€4,289
- Gross operating margin +€177,802
up €177,802, from -€11,504 to €166,298
- Staff costs +€58,843
new in 2025: €58,843
- Depreciation +€4,126
up €4,126 (+16.0%), from €25,733 to €29,859
- Financial charges +€3,407
up €3,407 (+537%), from €635 to €4,042
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 | €193,861 | €223,164 | +€29,303 | +15.1% |
| Fixed assets | 21/28 | €178,572 | €198,023 | +€19,451 | +10.9% |
| Tangible fixed assets | 22/27 | €177,822 | €197,273 | +€19,451 | +10.9% |
| Land and buildings | 22 | €157,880 | €139,051 | -€18,829 | -11.9% |
| Plant, machinery and equipment | 23 | €14,276 | €50,724 | +€36,448 | +255% |
| Furniture and vehicles | 24 | €4,421 | €6,662 | +€2,241 | +50.7% |
| Other tangible fixed assets | 26 | €1,245 | €836 | -€409 | -32.9% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €15,289 | €25,141 | +€9,852 | +64.4% |
| Amounts receivable within one year | 40/41 | €5,651 | €10,038 | +€4,387 | +77.6% |
| Trade receivables | 40 | - | €4,162 | +€4,162 | |
| Other amounts receivable | 41 | €5,651 | €5,876 | +€225 | +4.0% |
| Cash at bank and in hand | 54/58 | €9,638 | €15,103 | +€5,465 | +56.7% |
| Total equity and liabilities | 10/49 | €193,861 | €223,164 | +€29,303 | +15.1% |
| Equity | 10/15 | -€14,270 | €57,960 | +€72,230 | |
| Contributions | 10/11 | €85,300 | €85,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,570 | -€27,340 | +€72,230 | +72.5% |
| Amounts payable | 17/49 | €208,131 | €165,204 | -€42,927 | -20.6% |
| Amounts payable after more than one year | 17 | €9,829 | €1,602 | -€8,227 | -83.7% |
| Financial debts | 170/4 | €9,829 | €1,602 | -€8,227 | -83.7% |
| Amounts payable within one year | 42/48 | €198,302 | €163,602 | -€34,700 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €8,120 | €8,200 | +€80 | +1.0% |
| Trade debts | 44 | €5,701 | €22,394 | +€16,693 | +293% |
| Suppliers | 440/4 | €5,701 | €22,394 | +€16,693 | +293% |
| Taxes, remuneration and social security | 45 | - | €7,059 | +€7,059 | |
| Taxes | 450/3 | - | €4,289 | +€4,289 | |
| Remuneration and social security | 454/9 | - | €2,770 | +€2,770 | |
| Other amounts payable | 47/48 | €184,481 | €125,949 | -€58,532 | -31.7% |
| Remuneration, social security and pensions | 62 | - | €58,843 | +€58,843 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,733 | €29,859 | +€4,126 | +16.0% |
| Other operating charges | 640/8 | €64 | €1,324 | +€1,260 | +1,969% |
| Gross operating margin | 9900 | -€11,504 | €166,298 | +€177,802 | |
| Operating profit (loss) | 9901 | -€37,301 | €76,272 | +€113,573 | |
| Financial charges | 65/66B | €635 | €4,042 | +€3,407 | +537% |
| Recurring financial charges | 65 | €635 | €4,042 | +€3,407 | +537% |
| Profit (loss) for the period before taxes | 9903 | -€37,936 | €72,230 | +€110,166 | |
| Profit (loss) for the period | 9904 | -€37,936 | €72,230 | +€110,166 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,936 | €72,230 | +€110,166 |
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 4 November 2026 via checked.be.