S.M. TONIA: 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.
S.M. TONIA
Largest movements
- Cash +€2,170
up €2,170 (+55.3%), from €3,926 to €6,096
mainly Other debts (+€14,145) and Tax, wage and social debts (+€2,984)
- Receivables within one year +€1,038
up €1,038 (+21.8%), from €4,770 to €5,808
of which Other amounts receivable: +€1,998
- Tangible fixed assets -€941
down €941 (-36.5%), from €2,575 to €1,634
- Stocks and contracts -€313
down €313 (-1.9%), from €16,296 to €15,983
- Other debts +€14,145
up €14,145 (+13.2%), from €107,252 to €121,397
- Profit (loss) carried forward -€12,028
down €12,028 (-9.0%), from -€133,689 to -€145,717
- Trade debts -€3,142
down €3,142 (-54.1%), from €5,811 to €2,669
- Tax, wage and social debts +€2,984
up €2,984 (+20.0%), from €14,894 to €17,877
of which Remuneration and social security: +€3,000
- Gross operating margin -€13,209
down €13,209, from €3,726 to -€9,483
- Other operating charges -€159
no longer reported in 2025 (was €159)
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 | €27,704 | €29,662 | +€1,958 | +7.1% |
| Fixed assets | 21/28 | €2,575 | €1,634 | -€941 | -36.5% |
| Tangible fixed assets | 22/27 | €2,575 | €1,634 | -€941 | -36.5% |
| Furniture and vehicles | 24 | €2,575 | €1,634 | -€941 | -36.5% |
| Current assets | 29/58 | €25,130 | €28,029 | +€2,899 | +11.5% |
| Stocks and contracts in progress | 3 | €16,296 | €15,983 | -€313 | -1.9% |
| Stocks | 30/36 | €16,296 | €15,983 | -€313 | -1.9% |
| Amounts receivable within one year | 40/41 | €4,770 | €5,808 | +€1,038 | +21.8% |
| Trade receivables | 40 | €1,170 | €210 | -€961 | -82.1% |
| Other amounts receivable | 41 | €3,600 | €5,598 | +€1,998 | +55.5% |
| Cash at bank and in hand | 54/58 | €3,926 | €6,096 | +€2,170 | +55.3% |
| Deferred charges and accrued income | 490/1 | €138 | €142 | +€4 | +3.0% |
| Total equity and liabilities | 10/49 | €27,704 | €29,662 | +€1,958 | +7.1% |
| Equity | 10/15 | -€101,003 | -€113,031 | -€12,028 | -11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,486 | €26,486 | = | 0.0% |
| Distributable reserves | 133 | €26,486 | €26,486 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,689 | -€145,717 | -€12,028 | -9.0% |
| Amounts payable | 17/49 | €128,707 | €142,693 | +€13,987 | +10.9% |
| Amounts payable within one year | 42/48 | €128,707 | €142,693 | +€13,987 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €750 | €750 | = | 0.0% |
| Trade debts | 44 | €5,811 | €2,669 | -€3,142 | -54.1% |
| Suppliers | 440/4 | €5,811 | €2,669 | -€3,142 | -54.1% |
| Taxes, remuneration and social security | 45 | €14,894 | €17,877 | +€2,984 | +20.0% |
| Taxes | 450/3 | €3,086 | €3,069 | -€16 | -0.5% |
| Remuneration and social security | 454/9 | €11,808 | €14,808 | +€3,000 | +25.4% |
| Other amounts payable | 47/48 | €107,252 | €121,397 | +€14,145 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €941 | €941 | = | 0.0% |
| Other operating charges | 640/8 | €159 | - | -€159 | |
| Gross operating margin | 9900 | €3,726 | -€9,483 | -€13,209 | |
| Operating profit (loss) | 9901 | €2,626 | -€10,424 | -€13,050 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -90.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -90.8% |
| Financial charges | 65/66B | €1,553 | €1,605 | +€51 | +3.3% |
| Recurring financial charges | 65 | €1,553 | €1,605 | +€51 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €1,074 | -€12,028 | -€13,102 | |
| Profit (loss) for the period | 9904 | €1,074 | -€12,028 | -€13,102 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,074 | -€12,028 | -€13,102 |
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 27 October 2026 via checked.be.