T.O.M. Projects: 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.
T.O.M. Projects
Largest movements
- Cash +€19,137
up €19,137 (+73.4%), from €26,075 to €45,213
mainly Net result for the year (+€48,312) and Depreciation (+€10,501)
- Tangible fixed assets -€10,501
down €10,501 (-25.8%), from €40,650 to €30,149
of which Furniture and vehicles: -€9,667
- Reserves +€73,258
new in 2025: €73,258
- Other debts -€36,271
down €36,271 (-84.0%), from €43,169 to €6,898
- Profit (loss) carried forward -€24,947
no longer reported in 2025 (was €24,947)
- Tax, wage and social debts -€5,014
down €5,014 (-42.5%), from €11,786 to €6,772
- Accrued charges and deferred income +€1,127
new in 2025: €1,127
- Gross operating margin +€39,554
up €39,554 (+112%), from €35,346 to €74,900
- Depreciation +€9,981
up €9,981 (+1,919%), from €520 to €10,501
- Taxes +€6,722
up €6,722 (+107%), from €6,277 to €12,999
- Financial charges +€1,629
up €1,629 (+3,258%), from €50 to €1,679
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 | €85,365 | €93,065 | +€7,700 | +9.0% |
| Fixed assets | 21/28 | €40,650 | €30,149 | -€10,501 | -25.8% |
| Tangible fixed assets | 22/27 | €40,650 | €30,149 | -€10,501 | -25.8% |
| Plant, machinery and equipment | 23 | €2,457 | €1,623 | -€833 | -33.9% |
| Furniture and vehicles | 24 | €38,193 | €28,526 | -€9,667 | -25.3% |
| Current assets | 29/58 | €44,715 | €62,916 | +€18,201 | +40.7% |
| Amounts receivable within one year | 40/41 | €16,838 | €16,463 | -€375 | -2.2% |
| Trade receivables | 40 | €16,631 | €15,132 | -€1,499 | -9.0% |
| Other amounts receivable | 41 | €207 | €1,331 | +€1,123 | +542% |
| Cash at bank and in hand | 54/58 | €26,075 | €45,213 | +€19,137 | +73.4% |
| Deferred charges and accrued income | 490/1 | €1,802 | €1,240 | -€561 | -31.2% |
| Total equity and liabilities | 10/49 | €85,365 | €93,065 | +€7,700 | +9.0% |
| Equity | 10/15 | €29,947 | €78,258 | +€48,312 | +161% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €73,258 | +€73,258 | |
| Distributable reserves | 133 | - | €73,258 | +€73,258 | |
| Profit (loss) carried forward | 14 | €24,947 | - | -€24,947 | |
| Amounts payable | 17/49 | €55,418 | €14,807 | -€40,611 | -73.3% |
| Amounts payable within one year | 42/48 | €55,418 | €13,680 | -€41,738 | -75.3% |
| Trade debts | 44 | €463 | €10 | -€453 | -97.9% |
| Suppliers | 440/4 | €463 | €10 | -€453 | -97.9% |
| Taxes, remuneration and social security | 45 | €11,786 | €6,772 | -€5,014 | -42.5% |
| Taxes | 450/3 | €11,786 | €6,772 | -€5,014 | -42.5% |
| Other amounts payable | 47/48 | €43,169 | €6,898 | -€36,271 | -84.0% |
| Accrued charges and deferred income | 492/3 | - | €1,127 | +€1,127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520 | €10,501 | +€9,981 | +1,919% |
| Other operating charges | 640/8 | €815 | €930 | +€115 | +14.1% |
| Non-recurring operating charges | 66A | €2,738 | €582 | -€2,155 | -78.7% |
| Gross operating margin | 9900 | €35,346 | €74,900 | +€39,554 | +112% |
| Operating profit (loss) | 9901 | €31,273 | €62,887 | +€31,614 | +101% |
| Financial income | 75/76B | - | €102 | +€102 | |
| Recurring financial income | 75 | - | €102 | +€102 | |
| Financial charges | 65/66B | €50 | €1,679 | +€1,629 | +3,258% |
| Recurring financial charges | 65 | €50 | €1,679 | +€1,629 | +3,258% |
| Profit (loss) for the period before taxes | 9903 | €31,223 | €61,310 | +€30,087 | +96.4% |
| Income taxes | 67/77 | €6,277 | €12,999 | +€6,722 | +107% |
| Profit (loss) for the period | 9904 | €24,947 | €48,312 | +€23,365 | +93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,947 | €48,312 | +€23,365 | +93.7% |
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 13 October 2026 via checked.be.