TOBE: 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.
What changed
TOBE
NACE 47.551, Retail sale of household furniture
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€568,370
2024 · -€24,899+€593,269
Equity
€3.7m
2024 · €3.1m+€568,370
Cash
€129,749
2024 · €79,457+€50,292
Balance sheet total
€7.2m
2024 · €7.2m+€5,971
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€790,000
down €790,000 (-20.0%), from €4.0m to €3.2m
- Reserves +€568,370
up €568,370 (+33.9%), from €1.7m to €2.2m
of which Distributable reserves: +€573,261
- Accrued charges and deferred income +€170,407
up €170,407 (+1039.3%), from €16,397 to €186,804
Income statement
- Financial income +€699,796
up €699,796 (+1381.1%), from €50,669 to €750,465
- Turnover +€197,622
up €197,622 (+28.9%), from €683,559 to €881,181
- Financial charges +€171,697
up €171,697 (+1052.6%), from €16,311 to €188,008
- Goods and materials +€103,138
up €103,138 (+65.5%), from €157,539 to €260,677
- Staff costs +€17,625
up €17,625 (+5.0%), from €355,948 to €373,573
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.
Result 2024
-€24,899
Turnover
+€197,622
Other operating income
-€4,053
Goods and materials
-€103,138
Services and other goods
-€4,473
Staff costs
-€17,625
Depreciation
-€1,169
Other operating charges
-€271
Other operating items
-€1,796
Financial income
+€699,796
Financial charges
-€171,697
Taxes
+€73
Result 2025
€568,370
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.
From operations
+€843,923
Investment
-€3,642
Financing
-€789,990
Cash 2024
€79,457
From operations (derived)
+€843,923
Net result for the year
+€568,370
Depreciation
+€59,554
Receivables within one year
-€10,556
Deferred charges and accrued income
-€1,036
Provisions
-€2,518
Trade debts
+€50,018
Tax, wage and social debts
+€15,892
Other debts
-€6,208
Accrued charges and deferred income
+€170,407
Investment (derived)
-€3,642
Investment in fixed assets (net)
-€3,642
Financing
-€789,990
Debts after one year
-€790,000
Short-term financial debts
+€10
Cash 2025
€129,749
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,188,666 | €7,194,637 | +€5,971 | +0.1% |
| Fixed assets | 21/28 | €6,877,642 | €6,821,729 | -€55,913 | -0.8% |
| Tangible fixed assets | 22/27 | €298,975 | €243,062 | -€55,913 | -18.7% |
| Land and buildings | 22 | €267,114 | €223,280 | -€43,834 | -16.4% |
| Plant, machinery and equipment | 23 | €2,933 | €4,626 | +€1,693 | +57.7% |
| Furniture and vehicles | 24 | €28,928 | €15,157 | -€13,772 | -47.6% |
| Financial fixed assets | 28 | €6,578,667 | €6,578,667 | = | 0.0% |
| Affiliated companies | 280/1 | €6,578,667 | €6,578,667 | = | 0.0% |
| Participating interests | 280 | €6,578,667 | €6,578,667 | = | 0.0% |
| Current assets | 29/58 | €311,024 | €372,908 | +€61,884 | +19.9% |
| Amounts receivable within one year | 40/41 | €228,720 | €239,276 | +€10,556 | +4.6% |
| Trade receivables | 40 | €175,787 | €140,627 | -€35,159 | -20.0% |
| Other amounts receivable | 41 | €52,934 | €98,649 | +€45,715 | +86.4% |
| Cash at bank and in hand | 54/58 | €79,457 | €129,749 | +€50,292 | +63.3% |
| Deferred charges and accrued income | 490/1 | €2,847 | €3,883 | +€1,036 | +36.4% |
| Total equity and liabilities | 10/49 | €7,188,666 | €7,194,637 | +€5,971 | +0.1% |
| Equity | 10/15 | €3,097,147 | €3,665,517 | +€568,370 | +18.4% |
| Contributions | 10/11 | €1,420,000 | €1,420,000 | = | 0.0% |
| Reserves | 13 | €1,677,147 | €2,245,517 | +€568,370 | +33.9% |
| Tax-exempt reserves | 132 | €29,343 | €24,453 | -€4,891 | -16.7% |
| Distributable reserves | 133 | €1,647,804 | €2,221,064 | +€573,261 | +34.8% |
| Provisions and deferred taxes | 16 | €14,809 | €12,291 | -€2,518 | -17.0% |
| Deferred taxes | 168 | €14,809 | €12,291 | -€2,518 | -17.0% |
| Amounts payable | 17/49 | €4,076,710 | €3,516,829 | -€559,881 | -13.7% |
| Amounts payable after more than one year | 17 | €3,951,986 | €3,161,986 | -€790,000 | -20.0% |
| Financial debts | 170/4 | €3,951,986 | €3,161,986 | -€790,000 | -20.0% |
| Other loans | 174 | €3,951,986 | €3,161,986 | -€790,000 | -20.0% |
| Amounts payable within one year | 42/48 | €108,327 | €168,039 | +€59,712 | +55.1% |
| Financial debts | 43 | €16,903 | €16,913 | +€10 | +0.1% |
| Credit institutions | 430/8 | €16,903 | €16,913 | +€10 | +0.1% |
| Trade debts | 44 | €36,858 | €86,876 | +€50,018 | +135.7% |
| Suppliers | 440/4 | €36,858 | €86,876 | +€50,018 | +135.7% |
| Taxes, remuneration and social security | 45 | €48,026 | €63,918 | +€15,892 | +33.1% |
| Taxes | 450/3 | €15,324 | €20,549 | +€5,225 | +34.1% |
| Remuneration and social security | 454/9 | €32,702 | €43,369 | +€10,667 | +32.6% |
| Other amounts payable | 47/48 | €6,540 | €332 | -€6,208 | -94.9% |
| Accrued charges and deferred income | 492/3 | €16,397 | €186,804 | +€170,407 | +1039.3% |
| Operating income | 70/76A | €727,769 | €919,542 | +€191,773 | +26.4% |
| Turnover | 70 | €683,559 | €881,181 | +€197,622 | +28.9% |
| Other operating income | 74 | €42,415 | €38,361 | -€4,053 | -9.6% |
| Non-recurring operating income | 76A | €1,796 | - | -€1,796 | |
| Operating charges | 60/66A | €788,839 | €915,515 | +€126,676 | +16.1% |
| Goods for resale, raw materials and consumables | 60 | €157,539 | €260,677 | +€103,138 | +65.5% |
| Purchases | 600/8 | €157,539 | €260,677 | +€103,138 | +65.5% |
| Services and other goods | 61 | €205,404 | €209,878 | +€4,473 | +2.2% |
| Remuneration, social security and pensions | 62 | €355,948 | €373,573 | +€17,625 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,385 | €59,554 | +€1,169 | +2.0% |
| Other operating charges | 640/8 | €11,562 | €11,833 | +€271 | +2.3% |
| Operating profit (loss) | 9901 | -€61,070 | €4,027 | +€65,096 | |
| Financial income | 75/76B | €50,669 | €750,465 | +€699,796 | +1381.1% |
| Recurring financial income | 75 | €50,669 | €750,465 | +€699,796 | +1381.1% |
| Income from financial fixed assets | 750 | €50,000 | €750,000 | +€700,000 | +1400.0% |
| Other financial income | 752/9 | €669 | €465 | -€204 | -30.5% |
| Financial charges | 65/66B | €16,311 | €188,008 | +€171,697 | +1052.6% |
| Recurring financial charges | 65 | €16,311 | €188,008 | +€171,697 | +1052.6% |
| Debt charges | 650 | €16,311 | €188,008 | +€171,697 | +1052.6% |
| Profit (loss) for the period before taxes | 9903 | -€26,712 | €566,484 | +€593,196 | |
| Transfer from deferred taxes | 780 | €2,518 | €2,518 | = | 0.0% |
| Income taxes | 67/77 | €705 | €632 | -€73 | -10.4% |
| Taxes | 670/3 | €705 | €632 | -€73 | -10.4% |
| Profit (loss) for the period | 9904 | -€24,899 | €568,370 | +€593,269 | |
| Transfer from tax-exempt reserves | 789 | €4,891 | €4,891 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,008 | €573,261 | +€593,269 |
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 1 October 2026 via checked.be.