TOBAJORI: what changed
Two fiscal 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.
TOBAJORI
Largest movements
- Cash -€125
down €125 (-29.4%), from €424 to €300
mainly Net result for the year (-€2,468)
- Profit (loss) carried forward -€2,468
down €2,468 (-0.2%), from -€1.6m to -€1.6m
- Other debts +€2,250
up €2,250 (+0.1%), from €1.6m to €1.6m
- Trade debts +€93
up €93 (+32.0%), from €291 to €384
- Gross operating margin +€375
up €375 (+17.6%), from -€2,134 to -€1,759
- Other operating charges +€118
up €118 (+23.4%), from €505 to €624
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 | €424 | €300 | -€125 | -29.4% |
| Current assets | 29/58 | €424 | €300 | -€125 | -29.4% |
| Cash at bank and in hand | 54/58 | €424 | €300 | -€125 | -29.4% |
| Total equity and liabilities | 10/49 | €424 | €300 | -€125 | -29.4% |
| Equity | 10/15 | -€1,586,041 | -€1,588,509 | -€2,468 | -0.2% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,598,641 | -€1,601,109 | -€2,468 | -0.2% |
| Amounts payable | 17/49 | €1,586,465 | €1,588,808 | +€2,343 | +0.1% |
| Amounts payable within one year | 42/48 | €1,586,465 | €1,588,808 | +€2,343 | +0.1% |
| Trade debts | 44 | €291 | €384 | +€93 | +32.0% |
| Suppliers | 440/4 | €291 | €384 | +€93 | +32.0% |
| Other amounts payable | 47/48 | €1,586,174 | €1,588,424 | +€2,250 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €505 | €624 | +€118 | +23.4% |
| Gross operating margin | 9900 | -€2,134 | -€1,759 | +€375 | +17.6% |
| Operating profit (loss) | 9901 | -€2,639 | -€2,383 | +€257 | +9.7% |
| Financial charges | 65/66B | €104 | €85 | -€18 | -17.8% |
| Recurring financial charges | 65 | €104 | €85 | -€18 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,743 | -€2,468 | +€275 | +10.0% |
| Profit (loss) for the period | 9904 | -€2,743 | -€2,468 | +€275 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,743 | -€2,468 | +€275 | +10.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.