TOCLA: 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.
TOCLA
Largest movements
- Tangible fixed assets -€22,856
down €22,856 (-6.1%), from €375,380 to €352,524
of which Furniture and vehicles: -€21,176
- Cash -€14,318
down €14,318 (-40.7%), from €35,164 to €20,845
mainly Debts after one year (-€33,685) and Investment in fixed assets (net) (-€28,988)
- Receivables within one year +€6,777
up €6,777 (+28.3%), from €23,939 to €30,717
of which Other amounts receivable: +€6,319
- Debts after one year -€33,685
down €33,685 (-24.3%), from €138,472 to €104,787
- Profit (loss) carried forward +€12,718
up €12,718 (+5.8%), from €219,290 to €232,008
- Trade debts -€12,455
down €12,455 (-78.6%), from €15,844 to €3,389
- Depreciation -€11,630
down €11,630 (-18.3%), from €63,474 to €51,843
- Other operating charges -€1,495
down €1,495 (-16.1%), from €9,273 to €7,778
- Taxes -€1,212
down €1,212 (-12.6%), from €9,581 to €8,370
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 | €441,585 | €410,426 | -€31,160 | -7.1% |
| Fixed assets | 21/28 | €378,950 | €356,095 | -€22,856 | -6.0% |
| Tangible fixed assets | 22/27 | €375,380 | €352,524 | -€22,856 | -6.1% |
| Land and buildings | 22 | €309,176 | €313,979 | +€4,803 | +1.6% |
| Plant, machinery and equipment | 23 | €17,097 | €10,614 | -€6,483 | -37.9% |
| Furniture and vehicles | 24 | €49,107 | €27,931 | -€21,176 | -43.1% |
| Financial fixed assets | 28 | €3,570 | €3,570 | = | 0.0% |
| Current assets | 29/58 | €62,635 | €54,331 | -€8,304 | -13.3% |
| Stocks and contracts in progress | 3 | €433 | €451 | +€19 | +4.3% |
| Stocks | 30/36 | €433 | €451 | +€19 | +4.3% |
| Amounts receivable within one year | 40/41 | €23,939 | €30,717 | +€6,777 | +28.3% |
| Trade receivables | 40 | €410 | €869 | +€458 | +111.7% |
| Other amounts receivable | 41 | €23,529 | €29,848 | +€6,319 | +26.9% |
| Cash at bank and in hand | 54/58 | €35,164 | €20,845 | -€14,318 | -40.7% |
| Deferred charges and accrued income | 490/1 | €3,099 | €2,317 | -€782 | -25.2% |
| Total equity and liabilities | 10/49 | €441,585 | €410,426 | -€31,160 | -7.1% |
| Equity | 10/15 | €247,674 | €258,905 | +€11,231 | +4.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €219,290 | €232,008 | +€12,718 | +5.8% |
| Investment grants | 15 | €7,933 | €6,445 | -€1,487 | -18.7% |
| Amounts payable | 17/49 | €193,912 | €151,521 | -€42,391 | -21.9% |
| Amounts payable after more than one year | 17 | €138,472 | €104,787 | -€33,685 | -24.3% |
| Financial debts | 170/4 | €138,472 | €104,787 | -€33,685 | -24.3% |
| Amounts payable within one year | 42/48 | €54,739 | €46,034 | -€8,706 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €33,814 | €33,685 | -€128 | -0.4% |
| Trade debts | 44 | €15,844 | €3,389 | -€12,455 | -78.6% |
| Suppliers | 440/4 | €15,844 | €3,389 | -€12,455 | -78.6% |
| Advances received on contracts in progress | 46 | - | €21 | +€21 | |
| Taxes, remuneration and social security | 45 | €5,081 | €8,938 | +€3,857 | +75.9% |
| Taxes | 450/3 | €5,081 | €8,938 | +€3,857 | +75.9% |
| Accrued charges and deferred income | 492/3 | €700 | €700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,474 | €51,843 | -€11,630 | -18.3% |
| Other operating charges | 640/8 | €9,273 | €7,778 | -€1,495 | -16.1% |
| Gross operating margin | 9900 | €82,933 | €82,300 | -€633 | -0.8% |
| Operating profit (loss) | 9901 | €10,187 | €22,679 | +€12,493 | +122.6% |
| Financial income | 75/76B | €2,659 | €2,915 | +€256 | +9.6% |
| Recurring financial income | 75 | €2,659 | €2,915 | +€256 | +9.6% |
| Financial charges | 65/66B | €4,522 | €4,507 | -€15 | -0.3% |
| Recurring financial charges | 65 | €4,522 | €4,507 | -€15 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €8,324 | €21,088 | +€12,764 | +153.3% |
| Income taxes | 67/77 | €9,581 | €8,370 | -€1,212 | -12.6% |
| Profit (loss) for the period | 9904 | -€1,257 | €12,718 | +€13,976 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,257 | €12,718 | +€13,976 |
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.