TOCCO: 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.
TOCCO
Largest movements
- Current investments +€20,000
up €20,000 (+36.3%), from €55,037 to €75,037
- Receivables within one year -€19,583
down €19,583 (-62.0%), from €31,602 to €12,019
of which Trade receivables: -€21,780
- Cash +€17,314
up €17,314 (+584.4%), from €2,963 to €20,277
mainly Receivables within one year (+€19,583) and Other debts (+€13,326)
- Tangible fixed assets -€10,752
down €10,752 (-21.9%), from €49,008 to €38,256
of which Other tangible fixed assets: -€8,433
- Other debts +€13,326
up €13,326 (+31.1%), from €42,839 to €56,165
- Reserves -€8,994
down €8,994 (-12.4%), from €72,810 to €63,816
of which Distributable reserves: -€8,994
- Accrued charges and deferred income +€3,820
new in 2025: €3,820
- Trade debts +€1,500
up €1,500 (+56.0%), from €2,678 to €4,178
- Gross operating margin +€7,234
up €7,234 (+31.0%), from €23,302 to €30,536
- Depreciation +€2,132
up €2,132 (+24.7%), from €8,620 to €10,752
- Financial charges +€1,667
up €1,667 (+58.7%), from €2,840 to €4,507
- Taxes +€1,558
up €1,558 (+36.3%), from €4,296 to €5,854
- Financial income +€817
up €817 (+54.5%), from €1,498 to €2,315
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 | €139,119 | €147,490 | +€8,371 | +6.0% |
| Fixed assets | 21/28 | €49,008 | €38,256 | -€10,752 | -21.9% |
| Tangible fixed assets | 22/27 | €49,008 | €38,256 | -€10,752 | -21.9% |
| Plant, machinery and equipment | 23 | €2,300 | €1,725 | -€575 | -25.0% |
| Furniture and vehicles | 24 | €5,925 | €4,181 | -€1,744 | -29.4% |
| Other tangible fixed assets | 26 | €40,783 | €32,350 | -€8,433 | -20.7% |
| Current assets | 29/58 | €90,111 | €109,233 | +€19,123 | +21.2% |
| Amounts receivable within one year | 40/41 | €31,602 | €12,019 | -€19,583 | -62.0% |
| Trade receivables | 40 | €31,460 | €9,680 | -€21,780 | -69.2% |
| Other amounts receivable | 41 | €142 | €2,339 | +€2,197 | +1542.7% |
| Current investments | 50/53 | €55,037 | €75,037 | +€20,000 | +36.3% |
| Cash at bank and in hand | 54/58 | €2,963 | €20,277 | +€17,314 | +584.4% |
| Deferred charges and accrued income | 490/1 | €508 | €1,900 | +€1,392 | +274.0% |
| Total equity and liabilities | 10/49 | €139,119 | €147,490 | +€8,371 | +6.0% |
| Equity | 10/15 | €91,360 | €82,366 | -€8,994 | -9.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €72,810 | €63,816 | -€8,994 | -12.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €72,810 | €63,816 | -€8,994 | -12.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,759 | €65,124 | +€17,365 | +36.4% |
| Amounts payable within one year | 42/48 | €47,759 | €61,304 | +€13,545 | +28.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,678 | €4,178 | +€1,500 | +56.0% |
| Suppliers | 440/4 | €2,678 | €4,178 | +€1,500 | +56.0% |
| Taxes, remuneration and social security | 45 | €2,242 | €962 | -€1,280 | -57.1% |
| Taxes | 450/3 | €2,242 | €962 | -€1,280 | -57.1% |
| Other amounts payable | 47/48 | €42,839 | €56,165 | +€13,326 | +31.1% |
| Accrued charges and deferred income | 492/3 | - | €3,820 | +€3,820 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,620 | €10,752 | +€2,132 | +24.7% |
| Other operating charges | 640/8 | €738 | €702 | -€35 | -4.8% |
| Gross operating margin | 9900 | €23,302 | €30,536 | +€7,234 | +31.0% |
| Operating profit (loss) | 9901 | €13,944 | €19,082 | +€5,138 | +36.9% |
| Financial income | 75/76B | €1,498 | €2,315 | +€817 | +54.5% |
| Recurring financial income | 75 | €1,498 | €2,315 | +€817 | +54.5% |
| Financial charges | 65/66B | €2,840 | €4,507 | +€1,667 | +58.7% |
| Recurring financial charges | 65 | €2,840 | €4,507 | +€1,667 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | €12,602 | €16,890 | +€4,288 | +34.0% |
| Income taxes | 67/77 | €4,296 | €5,854 | +€1,558 | +36.3% |
| Profit (loss) for the period | 9904 | €8,306 | €11,037 | +€2,730 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,306 | €11,037 | +€2,730 | +32.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.