TOBOIL: 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.
TOBOIL
Largest movements
- Current investments +€135,000
up €135,000 (+33.8%), from €400,000 to €535,000
- Receivables within one year +€40,025
up €40,025 (+24.3%), from €164,857 to €204,882
of which Other amounts receivable: +€50,545
- Tangible fixed assets -€29,086
down €29,086 (-59.7%), from €48,741 to €19,655
- Cash -€14,059
down €14,059 (-29.1%), from €48,347 to €34,287
mainly Current investments (-€135,000) and Receivables within one year (-€40,025)
- Trade debts +€124,884
up €124,884 (+136%), from €92,022 to €216,906
- Reserves +€14,723
up €14,723 (+2.7%), from €548,053 to €562,776
- Goods and materials +€96,727
up €96,727 (+2.5%), from €3.8m to €3.9m
of which Purchases: +€137,413
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.
Derived cash bridge
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 | €667,213 | €798,933 | +€131,720 | +19.7% |
| Fixed assets | 21/28 | €49,791 | €20,705 | -€29,086 | -58.4% |
| Tangible fixed assets | 22/27 | €48,741 | €19,655 | -€29,086 | -59.7% |
| Furniture and vehicles | 24 | €48,741 | €19,655 | -€29,086 | -59.7% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,050 | €1,050 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €617,422 | €778,228 | +€160,806 | +26.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | - | = | |
| Goods purchased for resale | 34 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €164,857 | €204,882 | +€40,025 | +24.3% |
| Trade receivables | 40 | €103,717 | €93,198 | -€10,520 | -10.1% |
| Other amounts receivable | 41 | €61,140 | €111,684 | +€50,545 | +82.7% |
| Current investments | 50/53 | €400,000 | €535,000 | +€135,000 | +33.8% |
| Other investments | 51/53 | €400,000 | €535,000 | +€135,000 | +33.8% |
| Cash at bank and in hand | 54/58 | €48,347 | €34,287 | -€14,059 | -29.1% |
| Deferred charges and accrued income | 490/1 | €4,218 | €4,059 | -€160 | -3.8% |
| Total equity and liabilities | 10/49 | €667,213 | €798,933 | +€131,720 | +19.7% |
| Equity | 10/15 | €566,653 | €581,376 | +€14,723 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €548,053 | €562,776 | +€14,723 | +2.7% |
| Distributable reserves | 133 | €548,053 | €562,776 | +€14,723 | +2.7% |
| Amounts payable | 17/49 | €100,560 | €217,557 | +€116,997 | +116% |
| Amounts payable within one year | 42/48 | €99,852 | €216,906 | +€117,054 | +117% |
| Trade debts | 44 | €92,022 | €216,906 | +€124,884 | +136% |
| Suppliers | 440/4 | €92,022 | €216,906 | +€124,884 | +136% |
| Taxes, remuneration and social security | 45 | €7,830 | €0 | -€7,830 | -100% |
| Taxes | 450/3 | €7,830 | €0 | -€7,830 | -100% |
| Accrued charges and deferred income | 492/3 | €708 | €651 | -€56 | -8.0% |
| Operating income | 70/76A | €4,204,928 | €4,182,050 | -€22,878 | -0.5% |
| Turnover | 70 | €4,192,428 | €4,169,550 | -€22,878 | -0.5% |
| Other operating income | 74 | €12,500 | €12,500 | = | 0.0% |
| Operating charges | 60/66A | €4,049,266 | €4,159,887 | +€110,621 | +2.7% |
| Goods for resale, raw materials and consumables | 60 | €3,810,969 | €3,907,696 | +€96,727 | +2.5% |
| Purchases | 600/8 | €3,770,283 | €3,907,696 | +€137,413 | +3.6% |
| Change in stocks: decrease (increase) | 609 | €40,686 | €0 | -€40,686 | -100% |
| Services and other goods | 61 | €208,118 | €222,323 | +€14,206 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,086 | €29,086 | = | 0.0% |
| Other operating charges | 640/8 | €1,094 | €782 | -€312 | -28.5% |
| Operating profit (loss) | 9901 | €155,662 | €22,163 | -€133,498 | -85.8% |
| Financial income | 75/76B | €15,360 | €18,781 | +€3,422 | +22.3% |
| Recurring financial income | 75 | €15,360 | €18,781 | +€3,422 | +22.3% |
| Income from current assets | 751 | €8,945 | €18,781 | +€9,836 | +110% |
| Other financial income | 752/9 | €6,414 | €0 | -€6,414 | -100% |
| Financial charges | 65/66B | €1,516 | €21,314 | +€19,798 | +1,306% |
| Recurring financial charges | 65 | €1,516 | €21,314 | +€19,798 | +1,306% |
| Debt charges | 650 | €1,516 | - | -€1,516 | |
| Other financial charges | 652/9 | - | €21,314 | +€21,314 | |
| Profit (loss) for the period before taxes | 9903 | €169,505 | €19,630 | -€149,875 | -88.4% |
| Income taxes | 67/77 | €42,376 | €4,908 | -€37,469 | -88.4% |
| Taxes | 670/3 | €42,376 | €4,908 | -€37,469 | -88.4% |
| Profit (loss) for the period | 9904 | €127,129 | €14,723 | -€112,406 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €127,129 | €14,723 | -€112,406 | -88.4% |
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 16 October 2026 via checked.be.