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TOCIN: 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.

What changed

TOCIN

BE 0475.681.961
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€20,692
2024 · -€76,140+€96,833
Equity
€60,684
2024 · €40,004+€20,679
Cash
€9,703
2024 · €7,466+€2,237
Balance sheet total
€60,841
2024 · €52,766+€8,075

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€42,609

    up €42,609 (+499.5%), from €8,530 to €51,139

  • Tangible fixed assets -€36,771

    no longer reported in 2025 (was €36,771)

    of which Furniture and vehicles: -€36,000

  • Cash +€2,237

    up €2,237 (+30.0%), from €7,466 to €9,703

    mainly Investment in fixed assets (net) (+€36,771) and Net result for the year (+€20,692)

Equity and liabilities
  • Profit (loss) carried forward +€20,679

    up €20,679 (+25.6%), from -€80,660 to -€59,981

  • Tax, wage and social debts -€11,148

    down €11,148 (-98.6%), from €11,305 to €157

    of which Remuneration and social security: -€11,161

  • Other debts -€1,457

    no longer reported in 2025 (was €1,457)

Income statement
  • Staff costs -€32,230

    no longer reported in 2025 (was €32,230)

  • Financial income +€14,358

    up €14,358 (+15953244.4%), from €0 to €14,358

    of which Non-recurring financial income: +€11,660

  • Financial charges -€5,627

    down €5,627 (-97.1%), from €5,798 to €170

    of which Non-recurring financial charges: -€5,000

  • Gross operating margin -€5,186

    down €5,186 (-43.7%), from €11,864 to €6,678

  • Depreciation -€4,026

    no longer reported in 2025 (was €4,026)

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€76,140
Gross operating margin -€5,186
Staff costs +€32,230
Depreciation +€4,026
Other operating charges +€3,333
Other operating items +€41,873
Financial income +€14,358
Financial charges +€5,627
Taxes +€572
Result 2025 €20,692

Cash bridge derived

cash 2024 to 2025

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.

From operations -€34,521
Investment +€36,771
Financing -€13
Cash 2024 €7,466
Net result for the year +€20,692
Receivables within one year -€42,609
Tax, wage and social debts -€11,148
Other debts -€1,457
Investment in fixed assets (net) +€36,771
Contributions, distributions and other -€13
Cash 2025 €9,703
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €52,766 €60,841 +€8,075 +15.3%
Fixed assets 21/28 €36,771 - -€36,771
Tangible fixed assets 22/27 €36,771 - -€36,771
Plant, machinery and equipment 23 €771 - -€771
Furniture and vehicles 24 €36,000 - -€36,000
Current assets 29/58 €15,996 €60,841 +€44,846 +280.4%
Amounts receivable within one year 40/41 €8,530 €51,139 +€42,609 +499.5%
Other amounts receivable 41 €8,530 €51,139 +€42,609 +499.5%
Cash at bank and in hand 54/58 €7,466 €9,703 +€2,237 +30.0%
Total equity and liabilities 10/49 €52,766 €60,841 +€8,075 +15.3%
Equity 10/15 €40,004 €60,684 +€20,679 +51.7%
Contributions 10/11 €21,000 €21,000 = 0.0%
Reserves 13 €99,665 €99,665 = 0.0%
Distributable reserves 133 €99,665 €99,665 = 0.0%
Profit (loss) carried forward 14 -€80,660 -€59,981 +€20,679 +25.6%
Amounts payable 17/49 €12,762 €157 -€12,604 -98.8%
Amounts payable within one year 42/48 €12,762 €157 -€12,604 -98.8%
Taxes, remuneration and social security 45 €11,305 €157 -€11,148 -98.6%
Taxes 450/3 €144 €157 +€13 +9.0%
Remuneration and social security 454/9 €11,161 - -€11,161
Other amounts payable 47/48 €1,457 - -€1,457
Non-recurring operating income 76A €6,117 - -€6,117
Remuneration, social security and pensions 62 €32,230 - -€32,230
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,026 - -€4,026
Other operating charges 640/8 €3,506 €173 -€3,333 -95.1%
Non-recurring operating charges 66A €41,873 - -€41,873
Gross operating margin 9900 €11,864 €6,678 -€5,186 -43.7%
Operating profit (loss) 9901 -€69,771 €6,505 +€76,275
Financial income 75/76B €0 €14,358 +€14,358 +15953244.4%
Recurring financial income 75 €0 €2,698 +€2,698 +2997833.3%
Non-recurring financial income 76B - €11,660 +€11,660
Financial charges 65/66B €5,798 €170 -€5,627 -97.1%
Recurring financial charges 65 €798 €170 -€627 -78.7%
Non-recurring financial charges 66B €5,000 - -€5,000
Profit (loss) for the period before taxes 9903 -€75,569 €20,692 +€96,261
Income taxes 67/77 €572 - -€572
Profit (loss) for the period 9904 -€76,140 €20,692 +€96,833
Profit (loss) for the period to be appropriated 9905 -€76,140 €20,692 +€96,833

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.