TOASTALOT: 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.
TOASTALOT
Largest movements
- Receivables within one year +€59,212
up €59,212 (+31.4%), from €188,593 to €247,805
of which Other amounts receivable: +€48,105
- Cash -€36,830
down €36,830 (-16.7%), from €221,102 to €184,272
mainly Other debts (-€117,647) and Contributions, distributions and other (-€100,000)
- Intangible fixed assets -€30,157
down €30,157 (-19.9%), from €151,299 to €121,142
- Tangible fixed assets +€24,820
up €24,820 (+37.6%), from €65,992 to €90,812
of which Other tangible fixed assets: +€17,218
- Reserves +€124,508
up €124,508 (+41.3%), from €301,573 to €426,081
- Other debts -€117,647
down €117,647 (-100%), from €117,647 to €0
- Trade debts +€23,577
up €23,577 (+33.6%), from €70,242 to €93,819
- Tax, wage and social debts -€16,096
down €16,096 (-17.4%), from €92,474 to €76,378
of which Taxes: -€15,029
- Staff costs -€33,355
down €33,355 (-8.5%), from €390,611 to €357,256
- Gross operating margin +€19,453
up €19,453 (+2.7%), from €725,043 to €744,496
- Taxes +€13,238
up €13,238 (+20.2%), from €65,621 to €78,860
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 | €654,196 | €670,853 | +€16,657 | +2.5% |
| Fixed assets | 21/28 | €217,291 | €215,059 | -€2,232 | -1.0% |
| Intangible fixed assets | 21 | €151,299 | €121,142 | -€30,157 | -19.9% |
| Tangible fixed assets | 22/27 | €65,992 | €90,812 | +€24,820 | +37.6% |
| Plant, machinery and equipment | 23 | €53,361 | €61,006 | +€7,645 | +14.3% |
| Furniture and vehicles | 24 | €42 | €0 | -€42 | -100% |
| Other tangible fixed assets | 26 | €12,588 | €29,806 | +€17,218 | +137% |
| Financial fixed assets | 28 | - | €3,105 | +€3,105 | |
| Current assets | 29/58 | €436,905 | €455,794 | +€18,889 | +4.3% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €188,593 | €247,805 | +€59,212 | +31.4% |
| Trade receivables | 40 | €6,400 | €17,507 | +€11,108 | +174% |
| Other amounts receivable | 41 | €182,193 | €230,298 | +€48,105 | +26.4% |
| Cash at bank and in hand | 54/58 | €221,102 | €184,272 | -€36,830 | -16.7% |
| Deferred charges and accrued income | 490/1 | €22,210 | €18,716 | -€3,493 | -15.7% |
| Total equity and liabilities | 10/49 | €654,196 | €670,853 | +€16,657 | +2.5% |
| Equity | 10/15 | €316,573 | €441,081 | +€124,508 | +39.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €301,573 | €426,081 | +€124,508 | +41.3% |
| Distributable reserves | 133 | €301,573 | €426,081 | +€124,508 | +41.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €337,623 | €229,771 | -€107,852 | -31.9% |
| Amounts payable after more than one year | 17 | €21,233 | €25,468 | +€4,235 | +19.9% |
| Financial debts | 170/4 | €21,233 | €25,468 | +€4,235 | +19.9% |
| Amounts payable within one year | 42/48 | €316,390 | €204,303 | -€112,087 | -35.4% |
| Current portion of amounts payable after more than one year | 42 | €13,544 | €11,684 | -€1,860 | -13.7% |
| Financial debts | 43 | €22,483 | €22,423 | -€60 | -0.3% |
| Credit institutions | 430/8 | €22,483 | €22,423 | -€60 | -0.3% |
| Trade debts | 44 | €70,242 | €93,819 | +€23,577 | +33.6% |
| Suppliers | 440/4 | €70,242 | €93,819 | +€23,577 | +33.6% |
| Taxes, remuneration and social security | 45 | €92,474 | €76,378 | -€16,096 | -17.4% |
| Taxes | 450/3 | €43,033 | €28,004 | -€15,029 | -34.9% |
| Remuneration and social security | 454/9 | €49,441 | €48,375 | -€1,067 | -2.2% |
| Other amounts payable | 47/48 | €117,647 | €0 | -€117,647 | -100% |
| Non-recurring operating income | 76A | €12,785 | €0 | -€12,785 | -100% |
| Remuneration, social security and pensions | 62 | €390,611 | €357,256 | -€33,355 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,641 | €56,253 | +€1,612 | +3.0% |
| Other operating charges | 640/8 | €2,641 | €3,267 | +€626 | +23.7% |
| Gross operating margin | 9900 | €725,043 | €744,496 | +€19,453 | +2.7% |
| Operating profit (loss) | 9901 | €277,151 | €327,721 | +€50,569 | +18.2% |
| Financial income | 75/76B | €499 | €945 | +€447 | +89.5% |
| Recurring financial income | 75 | €499 | €945 | +€447 | +89.5% |
| Financial charges | 65/66B | €21,256 | €25,298 | +€4,042 | +19.0% |
| Recurring financial charges | 65 | €21,256 | €25,298 | +€4,042 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €256,394 | €303,368 | +€46,974 | +18.3% |
| Income taxes | 67/77 | €65,621 | €78,860 | +€13,238 | +20.2% |
| Profit (loss) for the period | 9904 | €190,772 | €224,508 | +€33,736 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €190,772 | €224,508 | +€33,736 | +17.7% |
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 23 October 2026 via checked.be.