TOCOCO: what changed
What changed
TOCOCO
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€24,631
2024 · €8,932+€15,699
Equity
€103,077
2024 · €90,211+€12,866
Cash
€26,051
2024 · €11,441+€14,610
Balance sheet total
€110,089
2024 · €97,204+€12,885
Largest movements
Assets
- Cash +€14,610
up €14,610 (+128%), from €11,441 to €26,051
mainly Net result for the year (+€24,631) and Receivables after one year (+€2,659)
- Receivables after one year -€2,659
down €2,659 (-45.9%), from €5,795 to €3,136
- Receivables within one year +€1,413
up €1,413 (+2.9%), from €48,164 to €49,577
of which Other amounts receivable: +€1,413
Equity and liabilities
- Reserves +€12,866
up €12,866 (+18.0%), from €71,611 to €84,477
Income statement
- Gross operating margin +€21,438
up €21,438 (+233%), from €9,195 to €30,634
- Taxes +€5,275
up €5,275 (+1,938%), from €272 to €5,547
- Financial income -€498
down €498 (-25.5%), from €1,954 to €1,456
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.
Result 2024
€8,932
Gross operating margin
+€21,438
Depreciation
+€141
Other operating charges
-€87
Financial income
-€498
Financial charges
-€20
Taxes
-€5,275
Result 2025
€24,631
raises the resultlowers the result
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.
From operations
+€26,375
Investment
€0
Financing
-€11,765
Cash 2024
€11,441
From operations (derived)
+€26,375
Net result for the year
+€24,631
Depreciation
+€556
Receivables after one year
+€2,659
Receivables within one year
-€1,413
Deferred charges and accrued income
-€77
Trade debts
-€47
Tax, wage and social debts
+€713
Other debts
-€647
Financing
-€11,765
Contributions, distributions and other
-€11,765
Cash 2025
€26,051
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,204 | €110,089 | +€12,885 | +13.3% |
| Fixed assets | 21/28 | €30,556 | €30,000 | -€556 | -1.8% |
| Tangible fixed assets | 22/27 | €556 | €0 | -€556 | -100% |
| Furniture and vehicles | 24 | €556 | - | -€556 | |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €66,649 | €80,089 | +€13,440 | +20.2% |
| Amounts receivable after more than one year | 29 | €5,795 | €3,136 | -€2,659 | -45.9% |
| Other amounts receivable | 291 | €5,795 | €3,136 | -€2,659 | -45.9% |
| Amounts receivable within one year | 40/41 | €48,164 | €49,577 | +€1,413 | +2.9% |
| Trade receivables | 40 | €6,050 | €6,050 | = | 0.0% |
| Other amounts receivable | 41 | €42,114 | €43,527 | +€1,413 | +3.4% |
| Cash at bank and in hand | 54/58 | €11,441 | €26,051 | +€14,610 | +128% |
| Deferred charges and accrued income | 490/1 | €1,249 | €1,326 | +€77 | +6.1% |
| Total equity and liabilities | 10/49 | €97,204 | €110,089 | +€12,885 | +13.3% |
| Equity | 10/15 | €90,211 | €103,077 | +€12,866 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,611 | €84,477 | +€12,866 | +18.0% |
| Distributable reserves | 133 | €71,611 | €84,477 | +€12,866 | +18.0% |
| Amounts payable | 17/49 | €6,993 | €7,012 | +€19 | +0.3% |
| Amounts payable within one year | 42/48 | €6,993 | €7,012 | +€19 | +0.3% |
| Trade debts | 44 | €468 | €422 | -€47 | -10.0% |
| Suppliers | 440/4 | €468 | €422 | -€47 | -10.0% |
| Taxes, remuneration and social security | 45 | €3,778 | €4,491 | +€713 | +18.9% |
| Taxes | 450/3 | €1,631 | €2,344 | +€713 | +43.7% |
| Remuneration and social security | 454/9 | €2,147 | €2,147 | = | 0.0% |
| Other amounts payable | 47/48 | €2,747 | €2,100 | -€647 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €697 | €556 | -€141 | -20.2% |
| Other operating charges | 640/8 | €1,112 | €1,199 | +€87 | +7.9% |
| Gross operating margin | 9900 | €9,195 | €30,634 | +€21,438 | +233% |
| Operating profit (loss) | 9901 | €7,387 | €28,879 | +€21,492 | +291% |
| Financial income | 75/76B | €1,954 | €1,456 | -€498 | -25.5% |
| Recurring financial income | 75 | €1,954 | €1,456 | -€498 | -25.5% |
| Financial charges | 65/66B | €137 | €157 | +€20 | +14.6% |
| Recurring financial charges | 65 | €137 | €157 | +€20 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €9,204 | €30,178 | +€20,974 | +228% |
| Income taxes | 67/77 | €272 | €5,547 | +€5,275 | +1,938% |
| Profit (loss) for the period | 9904 | €8,932 | €24,631 | +€15,699 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €8,932 | €24,631 | +€15,699 | +176% |
Next steps
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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 7 November 2026 via checked.be.