TOCCO D'ITALIA: what changed
TOCCO D'ITALIA
Largest movements
- Cash -€28,107
down €28,107 (-25.0%), from €112,586 to €84,479
mainly Other debts (-€12,244) and Accrued charges and deferred income (-€10,233)
- Tangible fixed assets -€13,171
down €13,171 (-20.2%), from €65,260 to €52,090
of which Furniture and vehicles: -€12,121
- Receivables within one year +€2,777
up €2,777 (+24.7%), from €11,242 to €14,018
of which Other amounts receivable: +€11,547
- Other debts -€12,244
down €12,244 (-63.3%), from €19,327 to €7,084
- Accrued charges and deferred income -€10,233
no longer reported in 2025 (was €10,233)
- Trade debts -€8,128
down €8,128 (-32.4%), from €25,111 to €16,983
- Debts after one year -€8,119
down €8,119 (-23.7%), from €34,265 to €26,147
- Tax, wage and social debts -€3,586
down €3,586 (-28.9%), from €12,395 to €8,809
of which Remuneration and social security: -€4,381
- Gross operating margin -€19,121
down €19,121 (-28.1%), from €68,023 to €48,902
- Depreciation +€9,613
up €9,613 (+247%), from €3,888 to €13,501
- Other operating charges -€4,420
down €4,420 (-61.7%), from €7,160 to €2,739
- Staff costs -€2,168
down €2,168 (-9.8%), from €22,220 to €20,052
- Financial charges +€1,371
up €1,371 (+51.0%), from €2,686 to €4,057
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,062 | €155,602 | -€39,460 | -20.2% |
| Fixed assets | 21/28 | €65,260 | €52,090 | -€13,171 | -20.2% |
| Tangible fixed assets | 22/27 | €65,260 | €52,090 | -€13,171 | -20.2% |
| Plant, machinery and equipment | 23 | €1,530 | €1,023 | -€507 | -33.2% |
| Furniture and vehicles | 24 | €60,171 | €48,051 | -€12,121 | -20.1% |
| Other tangible fixed assets | 26 | €3,559 | €3,016 | -€543 | -15.3% |
| Current assets | 29/58 | €129,802 | €103,513 | -€26,289 | -20.3% |
| Stocks and contracts in progress | 3 | €3,300 | €2,326 | -€975 | -29.5% |
| Stocks | 30/36 | €3,300 | €2,326 | -€975 | -29.5% |
| Amounts receivable within one year | 40/41 | €11,242 | €14,018 | +€2,777 | +24.7% |
| Trade receivables | 40 | €10,023 | €1,253 | -€8,770 | -87.5% |
| Other amounts receivable | 41 | €1,219 | €12,766 | +€11,547 | +947% |
| Cash at bank and in hand | 54/58 | €112,586 | €84,479 | -€28,107 | -25.0% |
| Deferred charges and accrued income | 490/1 | €2,674 | €2,690 | +€16 | +0.6% |
| Total equity and liabilities | 10/49 | €195,062 | €155,602 | -€39,460 | -20.2% |
| Equity | 10/15 | €86,010 | €88,462 | +€2,451 | +2.9% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €46,950 | €49,402 | +€2,451 | +5.2% |
| Distributable reserves | 133 | €46,950 | €49,402 | +€2,451 | +5.2% |
| Profit (loss) carried forward | 14 | €19,560 | €19,560 | = | 0.0% |
| Amounts payable | 17/49 | €109,052 | €67,141 | -€41,911 | -38.4% |
| Amounts payable after more than one year | 17 | €34,265 | €26,147 | -€8,119 | -23.7% |
| Financial debts | 170/4 | €34,265 | €26,147 | -€8,119 | -23.7% |
| Amounts payable within one year | 42/48 | €64,554 | €40,994 | -€23,560 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €7,721 | €8,119 | +€398 | +5.1% |
| Trade debts | 44 | €25,111 | €16,983 | -€8,128 | -32.4% |
| Suppliers | 440/4 | €25,111 | €16,983 | -€8,128 | -32.4% |
| Taxes, remuneration and social security | 45 | €12,395 | €8,809 | -€3,586 | -28.9% |
| Taxes | 450/3 | €6,118 | €6,914 | +€796 | +13.0% |
| Remuneration and social security | 454/9 | €6,277 | €1,895 | -€4,381 | -69.8% |
| Other amounts payable | 47/48 | €19,327 | €7,084 | -€12,244 | -63.3% |
| Accrued charges and deferred income | 492/3 | €10,233 | - | -€10,233 | |
| Non-recurring operating income | 76A | €2,263 | €338 | -€1,925 | -85.1% |
| Remuneration, social security and pensions | 62 | €22,220 | €20,052 | -€2,168 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,888 | €13,501 | +€9,613 | +247% |
| Other operating charges | 640/8 | €7,160 | €2,739 | -€4,420 | -61.7% |
| Non-recurring operating charges | 66A | €369 | - | -€369 | |
| Gross operating margin | 9900 | €68,023 | €48,902 | -€19,121 | -28.1% |
| Operating profit (loss) | 9901 | €34,387 | €12,609 | -€21,777 | -63.3% |
| Financial income | 75/76B | €1 | €6 | +€5 | +1,020% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +1,020% |
| Financial charges | 65/66B | €2,686 | €4,057 | +€1,371 | +51.0% |
| Recurring financial charges | 65 | €2,686 | €4,057 | +€1,371 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | €31,701 | €8,558 | -€23,143 | -73.0% |
| Income taxes | 67/77 | €7,071 | €6,107 | -€964 | -13.6% |
| Profit (loss) for the period | 9904 | €24,631 | €2,451 | -€22,179 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,631 | €2,451 | -€22,179 | -90.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.