TOCA Consultancy: 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.
TOCA Consultancy
Largest movements
- Financial fixed assets +€95,141
up €95,141 (+59.5%), from €160,000 to €255,141
- Cash +€31,661
up €31,661 (+106%), from €29,766 to €61,427
mainly Debts after one year (+€80,310) and Net result for the year (+€19,817)
- Debts after one year +€80,310
new in 2025: €80,310
- Reserves +€19,817
up €19,817 (+239%), from €8,276 to €28,093
- Current portion of long-term debt +€14,690
new in 2025: €14,690
- Tax, wage and social debts +€4,206
up €4,206 (+49.0%), from €8,589 to €12,796
- Other debts +€3,734
up €3,734 (+2.3%), from €164,402 to €168,136
- Gross operating margin +€23,749
up €23,749 (+93.5%), from €25,387 to €49,136
- Taxes +€7,114
up €7,114 (+93.8%), from €7,586 to €14,700
- Financial charges +€5,543
up €5,543 (+64.6%), from €8,585 to €14,128
- Depreciation -€568
down €568 (-60.5%), from €940 to €372
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 | €192,260 | €318,690 | +€126,430 | +65.8% |
| Fixed assets | 21/28 | €160,936 | €255,706 | +€94,770 | +58.9% |
| Tangible fixed assets | 22/27 | €936 | €565 | -€372 | -39.7% |
| Furniture and vehicles | 24 | €936 | €565 | -€372 | -39.7% |
| Financial fixed assets | 28 | €160,000 | €255,141 | +€95,141 | +59.5% |
| Current assets | 29/58 | €31,323 | €62,984 | +€31,661 | +101% |
| Cash at bank and in hand | 54/58 | €29,766 | €61,427 | +€31,661 | +106% |
| Deferred charges and accrued income | 490/1 | €1,557 | €1,557 | = | 0.0% |
| Total equity and liabilities | 10/49 | €192,260 | €318,690 | +€126,430 | +65.8% |
| Equity | 10/15 | €9,276 | €29,093 | +€19,817 | +214% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,276 | €28,093 | +€19,817 | +239% |
| Distributable reserves | 133 | €8,276 | €28,093 | +€19,817 | +239% |
| Amounts payable | 17/49 | €182,983 | €289,597 | +€106,614 | +58.3% |
| Amounts payable after more than one year | 17 | - | €80,310 | +€80,310 | |
| Financial debts | 170/4 | - | €80,310 | +€80,310 | |
| Amounts payable within one year | 42/48 | €174,692 | €197,425 | +€22,733 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | - | €14,690 | +€14,690 | |
| Trade debts | 44 | €1,700 | €1,802 | +€102 | +6.0% |
| Suppliers | 440/4 | €1,700 | €1,802 | +€102 | +6.0% |
| Taxes, remuneration and social security | 45 | €8,589 | €12,796 | +€4,206 | +49.0% |
| Taxes | 450/3 | €8,589 | €12,796 | +€4,206 | +49.0% |
| Other amounts payable | 47/48 | €164,402 | €168,136 | +€3,734 | +2.3% |
| Accrued charges and deferred income | 492/3 | €8,292 | €11,863 | +€3,571 | +43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €940 | €372 | -€568 | -60.5% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €25,387 | €49,136 | +€23,749 | +93.5% |
| Operating profit (loss) | 9901 | €24,447 | €48,644 | +€24,197 | +99.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €8,585 | €14,128 | +€5,543 | +64.6% |
| Recurring financial charges | 65 | €8,585 | €14,128 | +€5,543 | +64.6% |
| Profit (loss) for the period before taxes | 9903 | €15,863 | €34,516 | +€18,654 | +118% |
| Income taxes | 67/77 | €7,586 | €14,700 | +€7,114 | +93.8% |
| Profit (loss) for the period | 9904 | €8,276 | €19,817 | +€11,540 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €8,276 | €19,817 | +€11,540 | +139% |
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 14 October 2026 via checked.be.