TOBBACK: 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.
TOBBACK
Largest movements
- Stocks and contracts -€176,217
down €176,217 (-50.3%), from €350,000 to €173,783
- Cash +€45,730
up €45,730 (+635.3%), from €7,198 to €52,928
mainly Stocks and contracts (+€176,217) and Net result for the year (+€65,275)
- Tangible fixed assets -€40,418
down €40,418 (-4.0%), from €1.0m to €975,300
- Other debts -€209,338
down €209,338 (-95.2%), from €219,873 to €10,535
- Reserves +€64,702
up €64,702 (+10.8%), from €601,345 to €666,047
of which Distributable reserves: +€90,000
- Debts after one year -€15,610
down €15,610 (-10.1%), from €154,804 to €139,194
- Gross operating margin +€109,283
up €109,283 (+1046.9%), from €10,439 to €119,722
- Taxes +€17,440
up €17,440 (+1744000.0%), from €1 to €17,441
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 | €1,396,559 | €1,229,650 | -€166,909 | -12.0% |
| Fixed assets | 21/28 | €1,015,718 | €975,300 | -€40,418 | -4.0% |
| Tangible fixed assets | 22/27 | €1,015,718 | €975,300 | -€40,418 | -4.0% |
| Land and buildings | 22 | €1,015,718 | €975,300 | -€40,418 | -4.0% |
| Current assets | 29/58 | €380,841 | €254,350 | -€126,491 | -33.2% |
| Stocks and contracts in progress | 3 | €350,000 | €173,783 | -€176,217 | -50.3% |
| Stocks | 30/36 | €350,000 | €173,783 | -€176,217 | -50.3% |
| Amounts receivable within one year | 40/41 | €5,000 | €12,000 | +€7,000 | +140.0% |
| Other amounts receivable | 41 | €5,000 | €12,000 | +€7,000 | +140.0% |
| Cash at bank and in hand | 54/58 | €7,198 | €52,928 | +€45,730 | +635.3% |
| Deferred charges and accrued income | 490/1 | €18,643 | €15,639 | -€3,004 | -16.1% |
| Total equity and liabilities | 10/49 | €1,396,559 | €1,229,650 | -€166,909 | -12.0% |
| Equity | 10/15 | €838,073 | €903,348 | +€65,275 | +7.8% |
| Contributions | 10/11 | €248,613 | €248,613 | = | 0.0% |
| Revaluation surpluses | 12 | €174,171 | €174,171 | = | 0.0% |
| Reserves | 13 | €601,345 | €666,047 | +€64,702 | +10.8% |
| Tax-exempt reserves | 132 | €504,280 | €478,982 | -€25,298 | -5.0% |
| Distributable reserves | 133 | €97,065 | €187,065 | +€90,000 | +92.7% |
| Profit (loss) carried forward | 14 | -€186,056 | -€185,483 | +€573 | +0.3% |
| Provisions and deferred taxes | 16 | €168,094 | €159,661 | -€8,433 | -5.0% |
| Deferred taxes | 168 | €168,094 | €159,661 | -€8,433 | -5.0% |
| Amounts payable | 17/49 | €390,392 | €166,641 | -€223,751 | -57.3% |
| Amounts payable after more than one year | 17 | €154,804 | €139,194 | -€15,610 | -10.1% |
| Financial debts | 170/4 | €154,804 | €139,194 | -€15,610 | -10.1% |
| Amounts payable within one year | 42/48 | €235,588 | €26,146 | -€209,442 | -88.9% |
| Current portion of amounts payable after more than one year | 42 | €15,611 | €15,611 | = | 0.0% |
| Trade debts | 44 | €104 | - | -€104 | |
| Suppliers | 440/4 | €104 | - | -€104 | |
| Other amounts payable | 47/48 | €219,873 | €10,535 | -€209,338 | -95.2% |
| Accrued charges and deferred income | 492/3 | - | €1,301 | +€1,301 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,363 | €40,418 | +€55 | +0.1% |
| Other operating charges | 640/8 | €2,707 | €2,591 | -€116 | -4.3% |
| Gross operating margin | 9900 | €10,439 | €119,722 | +€109,283 | +1046.9% |
| Operating profit (loss) | 9901 | -€32,631 | €76,713 | +€109,344 | |
| Financial income | 75/76B | €3 | €896 | +€893 | +29766.7% |
| Recurring financial income | 75 | €3 | €896 | +€893 | +29766.7% |
| Financial charges | 65/66B | €3,912 | €3,325 | -€587 | -15.0% |
| Recurring financial charges | 65 | €3,912 | €3,325 | -€587 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | -€36,540 | €74,284 | +€110,824 | |
| Transfer from deferred taxes | 780 | €8,432 | €8,432 | = | 0.0% |
| Income taxes | 67/77 | €1 | €17,441 | +€17,440 | +1744000.0% |
| Profit (loss) for the period | 9904 | -€28,109 | €65,275 | +€93,384 | |
| Transfer from tax-exempt reserves | 789 | €25,298 | €25,298 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,811 | €90,573 | +€93,384 |
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 11 October 2026 via checked.be.