TOCIDE: 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.
TOCIDE
Largest movements
- Cash +€22,350
up €22,350 (+30.5%), from €73,261 to €95,612
mainly Net result for the year (+€22,183) and Tax, wage and social debts (+€13,783)
- Receivables within one year +€11,215
up €11,215 (+49.4%), from €22,697 to €33,913
of which Trade receivables: +€5,876
- Profit (loss) carried forward +€22,183
up €22,183 (+82.3%), from -€26,951 to -€4,768
- Other debts -€19,104
down €19,104 (-23.0%), from €83,073 to €63,969
- Tax, wage and social debts +€13,783
up €13,783 (+46.8%), from €29,479 to €43,262
of which Remuneration and social security: +€10,237
- Current portion of long-term debt +€10,557
up €10,557 (+251%), from €4,198 to €14,756
- Trade debts +€6,105
up €6,105 (+25.4%), from €24,023 to €30,129
- Staff costs +€21,357
up €21,357 (+9.1%), from €234,871 to €256,228
- Gross operating margin +€10,383
up €10,383 (+3.5%), from €297,540 to €307,923
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 | €133,823 | €167,347 | +€33,525 | +25.1% |
| Fixed assets | 21/28 | €20,601 | €20,780 | +€179 | +0.9% |
| Intangible fixed assets | 21 | €2,400 | €1,600 | -€800 | -33.3% |
| Tangible fixed assets | 22/27 | €15,051 | €16,030 | +€979 | +6.5% |
| Furniture and vehicles | 24 | €12,757 | €14,883 | +€2,126 | +16.7% |
| Other tangible fixed assets | 26 | €2,294 | €1,147 | -€1,147 | -50.0% |
| Financial fixed assets | 28 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €113,222 | €146,567 | +€33,345 | +29.5% |
| Stocks and contracts in progress | 3 | €17,263 | €17,043 | -€220 | -1.3% |
| Stocks | 30/36 | €17,263 | €17,043 | -€220 | -1.3% |
| Amounts receivable within one year | 40/41 | €22,697 | €33,913 | +€11,215 | +49.4% |
| Trade receivables | 40 | €9,571 | €15,447 | +€5,876 | +61.4% |
| Other amounts receivable | 41 | €13,127 | €18,466 | +€5,339 | +40.7% |
| Cash at bank and in hand | 54/58 | €73,261 | €95,612 | +€22,350 | +30.5% |
| Total equity and liabilities | 10/49 | €133,823 | €167,347 | +€33,525 | +25.1% |
| Equity | 10/15 | -€6,951 | €15,232 | +€22,183 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,951 | -€4,768 | +€22,183 | +82.3% |
| Amounts payable | 17/49 | €140,774 | €152,115 | +€11,342 | +8.1% |
| Amounts payable within one year | 42/48 | €140,774 | €152,115 | +€11,342 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €4,198 | €14,756 | +€10,557 | +251% |
| Trade debts | 44 | €24,023 | €30,129 | +€6,105 | +25.4% |
| Suppliers | 440/4 | €24,023 | €30,129 | +€6,105 | +25.4% |
| Taxes, remuneration and social security | 45 | €29,479 | €43,262 | +€13,783 | +46.8% |
| Taxes | 450/3 | €18,059 | €21,605 | +€3,546 | +19.6% |
| Remuneration and social security | 454/9 | €11,420 | €21,657 | +€10,237 | +89.6% |
| Other amounts payable | 47/48 | €83,073 | €63,969 | -€19,104 | -23.0% |
| Remuneration, social security and pensions | 62 | €234,871 | €256,228 | +€21,357 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,754 | €13,080 | +€1,326 | +11.3% |
| Other operating charges | 640/8 | €2,220 | €3,552 | +€1,332 | +60.0% |
| Gross operating margin | 9900 | €297,540 | €307,923 | +€10,383 | +3.5% |
| Operating profit (loss) | 9901 | €48,695 | €35,063 | -€13,632 | -28.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €9,506 | €7,209 | -€2,297 | -24.2% |
| Recurring financial charges | 65 | €9,506 | €7,209 | -€2,297 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €39,192 | €27,854 | -€11,338 | -28.9% |
| Income taxes | 67/77 | €5,671 | €5,671 | = | 0.0% |
| Profit (loss) for the period | 9904 | €33,521 | €22,183 | -€11,338 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,521 | €22,183 | -€11,338 | -33.8% |
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 15 October 2026 via checked.be.