TOBEVAN: 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.
TOBEVAN
Largest movements
- Cash -€14,416
down €14,416 (-75.2%), from €19,180 to €4,764
mainly Debts after one year (-€20,598) and Net result for the year (-€5,847)
- Tangible fixed assets -€14,186
down €14,186 (-3.5%), from €404,461 to €390,274
- Debts after one year -€20,598
down €20,598 (-8.3%), from €247,706 to €227,108
- Reserves -€5,847
down €5,847 (-18.1%), from €32,225 to €26,378
- Gross operating margin -€14,991
down €14,991 (-43.4%), from €34,573 to €19,582
- Taxes -€2,497
down €2,497 (-73.7%), from €3,388 to €891
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 | €424,857 | €397,538 | -€27,319 | -6.4% |
| Fixed assets | 21/28 | €404,461 | €390,274 | -€14,186 | -3.5% |
| Tangible fixed assets | 22/27 | €404,461 | €390,274 | -€14,186 | -3.5% |
| Land and buildings | 22 | €404,461 | €390,274 | -€14,186 | -3.5% |
| Current assets | 29/58 | €20,397 | €7,264 | -€13,133 | -64.4% |
| Amounts receivable within one year | 40/41 | - | €2,500 | +€2,500 | |
| Other amounts receivable | 41 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €19,180 | €4,764 | -€14,416 | -75.2% |
| Deferred charges and accrued income | 490/1 | €1,217 | - | -€1,217 | |
| Total equity and liabilities | 10/49 | €424,857 | €397,538 | -€27,319 | -6.4% |
| Equity | 10/15 | €54,908 | €49,061 | -€5,847 | -10.6% |
| Contributions | 10/11 | €22,683 | €22,683 | = | 0.0% |
| Reserves | 13 | €32,225 | €26,378 | -€5,847 | -18.1% |
| Distributable reserves | 133 | €32,225 | €26,378 | -€5,847 | -18.1% |
| Amounts payable | 17/49 | €369,949 | €348,477 | -€21,472 | -5.8% |
| Amounts payable after more than one year | 17 | €247,706 | €227,108 | -€20,598 | -8.3% |
| Financial debts | 170/4 | €247,706 | €227,108 | -€20,598 | -8.3% |
| Amounts payable within one year | 42/48 | €122,244 | €121,369 | -€875 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €20,132 | €20,598 | +€466 | +2.3% |
| Trade debts | 44 | €387 | €1,603 | +€1,215 | +313.7% |
| Suppliers | 440/4 | €387 | €1,603 | +€1,215 | +313.7% |
| Taxes, remuneration and social security | 45 | €3,388 | €832 | -€2,556 | -75.4% |
| Taxes | 450/3 | €3,388 | €832 | -€2,556 | -75.4% |
| Other amounts payable | 47/48 | €98,337 | €98,337 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,186 | €14,186 | = | 0.0% |
| Other operating charges | 640/8 | €3,876 | €3,956 | +€80 | +2.1% |
| Gross operating margin | 9900 | €34,573 | €19,582 | -€14,991 | -43.4% |
| Operating profit (loss) | 9901 | €16,510 | €1,440 | -€15,070 | -91.3% |
| Financial charges | 65/66B | €6,543 | €6,396 | -€147 | -2.2% |
| Recurring financial charges | 65 | €6,543 | €6,396 | -€147 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €9,967 | -€4,956 | -€14,923 | |
| Income taxes | 67/77 | €3,388 | €891 | -€2,497 | -73.7% |
| Profit (loss) for the period | 9904 | €6,580 | -€5,847 | -€12,427 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,580 | -€5,847 | -€12,427 |
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 9 October 2026 via checked.be.