TOAST DESIGN: 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.
TOAST DESIGN
Largest movements
- Receivables within one year -€62,454
down €62,454 (-56.5%), from €110,612 to €48,158
of which Trade receivables: -€55,637
- Cash +€17,991
up €17,991 (+80.8%), from €22,262 to €40,254
mainly Receivables within one year (+€62,454) and Net result for the year (+€20,177)
- Trade debts -€52,470
down €52,470 (-60.2%), from €87,149 to €34,679
- Profit (loss) carried forward +€5,177
up €5,177 (+75.9%), from €6,822 to €12,000
- Tax, wage and social debts +€5,139
up €5,139 (+95.6%), from €5,374 to €10,513
- Debts after one year -€2,657
no longer reported in 2025 (was €2,657)
- Current portion of long-term debt -€2,464
down €2,464 (-32.3%), from €7,621 to €5,157
- Write-downs -€8,370
no longer reported in 2025 (was €8,370)
- Taxes +€3,953
up €3,953 (+83.6%), from €4,729 to €8,682
- Gross operating margin +€3,722
up €3,722 (+11.3%), from €32,892 to €36,615
- Other operating charges +€2,614
up €2,614 (+201.2%), from €1,299 to €3,914
- Financial income -€2,198
down €2,198 (-100.0%), from €2,199 to €1
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.
Cash bridge derived
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 | €137,062 | €90,921 | -€46,141 | -33.7% |
| Fixed assets | 21/28 | €3,443 | €2,390 | -€1,053 | -30.6% |
| Tangible fixed assets | 22/27 | €3,443 | €2,390 | -€1,053 | -30.6% |
| Furniture and vehicles | 24 | €3,443 | €2,390 | -€1,053 | -30.6% |
| Current assets | 29/58 | €133,619 | €88,532 | -€45,088 | -33.7% |
| Amounts receivable within one year | 40/41 | €110,612 | €48,158 | -€62,454 | -56.5% |
| Trade receivables | 40 | €103,112 | €47,475 | -€55,637 | -54.0% |
| Other amounts receivable | 41 | €7,500 | €683 | -€6,817 | -90.9% |
| Cash at bank and in hand | 54/58 | €22,262 | €40,254 | +€17,991 | +80.8% |
| Deferred charges and accrued income | 490/1 | €745 | €120 | -€625 | -83.9% |
| Total equity and liabilities | 10/49 | €137,062 | €90,921 | -€46,141 | -33.7% |
| Equity | 10/15 | €14,882 | €20,060 | +€5,177 | +34.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,822 | €12,000 | +€5,177 | +75.9% |
| Amounts payable | 17/49 | €122,180 | €70,861 | -€51,319 | -42.0% |
| Amounts payable after more than one year | 17 | €2,657 | - | -€2,657 | |
| Financial debts | 170/4 | €2,657 | - | -€2,657 | |
| Amounts payable within one year | 42/48 | €119,523 | €70,861 | -€48,662 | -40.7% |
| Current portion of amounts payable after more than one year | 42 | €7,621 | €5,157 | -€2,464 | -32.3% |
| Trade debts | 44 | €87,149 | €34,679 | -€52,470 | -60.2% |
| Suppliers | 440/4 | €87,149 | €34,679 | -€52,470 | -60.2% |
| Taxes, remuneration and social security | 45 | €5,374 | €10,513 | +€5,139 | +95.6% |
| Taxes | 450/3 | €5,374 | €10,513 | +€5,139 | +95.6% |
| Other amounts payable | 47/48 | €19,380 | €20,513 | +€1,133 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €749 | €1,517 | +€768 | +102.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,370 | - | -€8,370 | |
| Other operating charges | 640/8 | €1,299 | €3,914 | +€2,614 | +201.2% |
| Gross operating margin | 9900 | €32,892 | €36,615 | +€3,722 | +11.3% |
| Operating profit (loss) | 9901 | €22,474 | €31,184 | +€8,710 | +38.8% |
| Financial income | 75/76B | €2,199 | €1 | -€2,198 | -100.0% |
| Recurring financial income | 75 | €2,199 | €1 | -€2,198 | -100.0% |
| Financial charges | 65/66B | €3,443 | €2,326 | -€1,117 | -32.4% |
| Recurring financial charges | 65 | €3,443 | €2,326 | -€1,117 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €21,231 | €28,859 | +€7,628 | +35.9% |
| Income taxes | 67/77 | €4,729 | €8,682 | +€3,953 | +83.6% |
| Profit (loss) for the period | 9904 | €16,502 | €20,177 | +€3,675 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,502 | €20,177 | +€3,675 | +22.3% |
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 12 October 2026 via checked.be.