TOCLARAVISA: 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.
TOCLARAVISA
Largest movements
- Deferred charges and accrued income +€10,865
up €10,865 (+948.9%), from €1,145 to €12,010
- Receivables within one year -€6,466
down €6,466 (-74.3%), from €8,700 to €2,235
of which Trade receivables: -€6,559
- Tangible fixed assets -€2,382
no longer reported in 2025 (was €2,382)
- Stocks and contracts -€1,796
down €1,796 (-19.2%), from €9,350 to €7,553
- Cash -€1,059
down €1,059 (-10.5%), from €10,124 to €9,065
mainly Deferred charges and accrued income (-€10,865) and Trade debts (-€6,261)
- Trade debts -€6,261
down €6,261 (-74.9%), from €8,354 to €2,094
- Profit (loss) carried forward +€6,200
up €6,200, from -€3,029 to €3,171
- Current portion of long-term debt -€1,811
no longer reported in 2025 (was €1,811)
- Other debts +€1,397
up €1,397 (+9.7%), from €14,346 to €15,743
- Tax, wage and social debts -€348
no longer reported in 2025 (was €348)
- Gross operating margin +€14,023
up €14,023, from -€4,587 to €9,437
- Depreciation -€1,617
down €1,617 (-40.4%), from €3,999 to €2,382
- Other operating charges +€416
up €416 (+147.5%), from €282 to €697
- Financial charges -€130
down €130 (-41.4%), from €315 to €184
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 | €31,846 | €31,008 | -€839 | -2.6% |
| Fixed assets | 21/28 | €2,527 | €145 | -€2,382 | -94.3% |
| Tangible fixed assets | 22/27 | €2,382 | - | -€2,382 | |
| Furniture and vehicles | 24 | €2,382 | - | -€2,382 | |
| Financial fixed assets | 28 | €145 | €145 | = | 0.0% |
| Current assets | 29/58 | €29,319 | €30,863 | +€1,544 | +5.3% |
| Stocks and contracts in progress | 3 | €9,350 | €7,553 | -€1,796 | -19.2% |
| Stocks | 30/36 | €9,350 | €7,553 | -€1,796 | -19.2% |
| Amounts receivable within one year | 40/41 | €8,700 | €2,235 | -€6,466 | -74.3% |
| Trade receivables | 40 | €8,700 | €2,142 | -€6,559 | -75.4% |
| Other amounts receivable | 41 | - | €93 | +€93 | |
| Cash at bank and in hand | 54/58 | €10,124 | €9,065 | -€1,059 | -10.5% |
| Deferred charges and accrued income | 490/1 | €1,145 | €12,010 | +€10,865 | +948.9% |
| Total equity and liabilities | 10/49 | €31,846 | €31,008 | -€839 | -2.6% |
| Equity | 10/15 | €6,971 | €13,171 | +€6,200 | +88.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,029 | €3,171 | +€6,200 | |
| Amounts payable | 17/49 | €24,875 | €17,837 | -€7,038 | -28.3% |
| Amounts payable within one year | 42/48 | €24,859 | €17,837 | -€7,022 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €1,811 | - | -€1,811 | |
| Trade debts | 44 | €8,354 | €2,094 | -€6,261 | -74.9% |
| Suppliers | 440/4 | €8,354 | €2,094 | -€6,261 | -74.9% |
| Taxes, remuneration and social security | 45 | €348 | - | -€348 | |
| Taxes | 450/3 | €348 | - | -€348 | |
| Other amounts payable | 47/48 | €14,346 | €15,743 | +€1,397 | +9.7% |
| Accrued charges and deferred income | 492/3 | €16 | - | -€16 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,999 | €2,382 | -€1,617 | -40.4% |
| Other operating charges | 640/8 | €282 | €697 | +€416 | +147.5% |
| Gross operating margin | 9900 | -€4,587 | €9,437 | +€14,023 | |
| Operating profit (loss) | 9901 | -€8,868 | €6,357 | +€15,225 | |
| Financial income | 75/76B | €100 | €27 | -€73 | -72.9% |
| Recurring financial income | 75 | €100 | €27 | -€73 | -72.9% |
| Financial charges | 65/66B | €315 | €184 | -€130 | -41.4% |
| Recurring financial charges | 65 | €315 | €184 | -€130 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,083 | €6,200 | +€15,282 | |
| Profit (loss) for the period | 9904 | -€9,083 | €6,200 | +€15,282 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,083 | €6,200 | +€15,282 |
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 1 October 2026 via checked.be.