TOBIL: 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.
TOBIL
Largest movements
- Receivables within one year +€125,104
up €125,104 (+346.8%), from €36,075 to €161,179
of which Trade receivables: +€80,372
- Cash -€2,499
down €2,499 (-7.1%), from €35,373 to €32,873
mainly Receivables within one year (-€125,104) and Investment in fixed assets (net) (-€5,900)
- Trade debts +€60,028
new in 2025: €60,028
- Profit (loss) carried forward +€47,327
up €47,327 (+79.4%), from €59,611 to €106,938
- Tax, wage and social debts +€14,919
up €14,919 (+59.3%), from €25,147 to €40,066
of which Taxes: +€13,149
- Gross operating margin +€20,734
up €20,734 (+43.4%), from €47,757 to €68,491
- Taxes +€4,728
up €4,728 (+41.4%), from €11,418 to €16,146
- Depreciation +€2,984
up €2,984 (+89.8%), from €3,324 to €6,308
- Financial income +€1,477
up €1,477 (+209.2%), from €706 to €2,183
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 | €84,758 | €207,032 | +€122,274 | +144.3% |
| Fixed assets | 21/28 | €13,117 | €12,709 | -€408 | -3.1% |
| Tangible fixed assets | 22/27 | €13,117 | €12,709 | -€408 | -3.1% |
| Plant, machinery and equipment | 23 | €883 | €2,374 | +€1,491 | +169.0% |
| Furniture and vehicles | 24 | €12,234 | €10,335 | -€1,899 | -15.5% |
| Current assets | 29/58 | €71,642 | €194,323 | +€122,682 | +171.2% |
| Amounts receivable within one year | 40/41 | €36,075 | €161,179 | +€125,104 | +346.8% |
| Trade receivables | 40 | €13,971 | €94,343 | +€80,372 | +575.3% |
| Other amounts receivable | 41 | €22,104 | €66,837 | +€44,733 | +202.4% |
| Cash at bank and in hand | 54/58 | €35,373 | €32,873 | -€2,499 | -7.1% |
| Deferred charges and accrued income | 490/1 | €194 | €271 | +€77 | +39.5% |
| Total equity and liabilities | 10/49 | €84,758 | €207,032 | +€122,274 | +144.3% |
| Equity | 10/15 | €59,611 | €106,938 | +€47,327 | +79.4% |
| Profit (loss) carried forward | 14 | €59,611 | €106,938 | +€47,327 | +79.4% |
| Amounts payable | 17/49 | €25,147 | €100,094 | +€74,947 | +298.0% |
| Amounts payable within one year | 42/48 | €25,147 | €100,094 | +€74,947 | +298.0% |
| Trade debts | 44 | - | €60,028 | +€60,028 | |
| Suppliers | 440/4 | - | €60,028 | +€60,028 | |
| Taxes, remuneration and social security | 45 | €25,147 | €40,066 | +€14,919 | +59.3% |
| Taxes | 450/3 | €21,367 | €34,516 | +€13,149 | +61.5% |
| Remuneration and social security | 454/9 | €3,780 | €5,550 | +€1,770 | +46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,324 | €6,308 | +€2,984 | +89.8% |
| Other operating charges | 640/8 | €1,182 | €673 | -€509 | -43.1% |
| Gross operating margin | 9900 | €47,757 | €68,491 | +€20,734 | +43.4% |
| Operating profit (loss) | 9901 | €43,251 | €61,511 | +€18,260 | +42.2% |
| Financial income | 75/76B | €706 | €2,183 | +€1,477 | +209.2% |
| Recurring financial income | 75 | €706 | €2,183 | +€1,477 | +209.2% |
| Financial charges | 65/66B | €76 | €221 | +€145 | +190.9% |
| Recurring financial charges | 65 | €76 | €221 | +€145 | +190.9% |
| Profit (loss) for the period before taxes | 9903 | €43,881 | €63,473 | +€19,591 | +44.6% |
| Income taxes | 67/77 | €11,418 | €16,146 | +€4,728 | +41.4% |
| Profit (loss) for the period | 9904 | €32,463 | €47,327 | +€14,864 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,463 | €47,327 | +€14,864 | +45.8% |
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 30 September 2026 via checked.be.