TOCON: 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.
TOCON
Largest movements
- Receivables within one year -€29,650
down €29,650 (-24.8%), from €119,650 to €90,000
of which Trade receivables: -€28,650
- Tangible fixed assets -€14,863
down €14,863 (-28.6%), from €52,023 to €37,160
- Debts after one year -€59,503
down €59,503 (-20.6%), from €289,173 to €229,670
- Profit (loss) carried forward +€46,766
up €46,766 (+4.8%), from €967,342 to €1.0m
- Trade debts -€17,400
down €17,400 (-70.5%), from €24,664 to €7,264
- Turnover +€90,000
up €90,000 (+36.0%), from €250,000 to €340,000
- Purchases and services +€64,415
up €64,415 (+35.1%), from €183,688 to €248,103
- Gross operating margin +€25,585
up €25,585 (+38.6%), from €66,312 to €91,897
- Financial charges -€4,456
down €4,456 (-20.2%), from €22,045 to €17,589
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 | €1,474,869 | €1,443,652 | -€31,217 | -2.1% |
| Fixed assets | 21/28 | €1,333,688 | €1,318,825 | -€14,863 | -1.1% |
| Tangible fixed assets | 22/27 | €52,023 | €37,160 | -€14,863 | -28.6% |
| Leasing and similar rights | 25 | €52,023 | €37,160 | -€14,863 | -28.6% |
| Financial fixed assets | 28 | €1,281,665 | €1,281,665 | = | 0.0% |
| Current assets | 29/58 | €141,181 | €124,827 | -€16,354 | -11.6% |
| Amounts receivable within one year | 40/41 | €119,650 | €90,000 | -€29,650 | -24.8% |
| Trade receivables | 40 | €118,650 | €90,000 | -€28,650 | -24.1% |
| Other amounts receivable | 41 | €1,000 | - | -€1,000 | |
| Cash at bank and in hand | 54/58 | €20,199 | €33,389 | +€13,190 | +65.3% |
| Deferred charges and accrued income | 490/1 | €1,332 | €1,438 | +€106 | +8.0% |
| Total equity and liabilities | 10/49 | €1,474,869 | €1,443,652 | -€31,217 | -2.1% |
| Equity | 10/15 | €1,143,342 | €1,190,108 | +€46,766 | +4.1% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Legal reserve | 130 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €967,342 | €1,014,108 | +€46,766 | +4.8% |
| Amounts payable | 17/49 | €331,527 | €253,544 | -€77,983 | -23.5% |
| Amounts payable after more than one year | 17 | €289,173 | €229,670 | -€59,503 | -20.6% |
| Financial debts | 170/4 | €289,173 | €229,670 | -€59,503 | -20.6% |
| Amounts payable within one year | 42/48 | €42,354 | €23,874 | -€18,480 | -43.6% |
| Current portion of amounts payable after more than one year | 42 | €13,960 | €14,538 | +€578 | +4.1% |
| Trade debts | 44 | €24,664 | €7,264 | -€17,400 | -70.5% |
| Suppliers | 440/4 | €24,664 | €7,264 | -€17,400 | -70.5% |
| Taxes, remuneration and social security | 45 | €3,730 | €2,072 | -€1,658 | -44.5% |
| Taxes | 450/3 | €3,730 | €2,072 | -€1,658 | -44.5% |
| Turnover | 70 | €250,000 | €340,000 | +€90,000 | +36.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €183,688 | €248,103 | +€64,415 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,864 | €14,864 | = | 0.0% |
| Other operating charges | 640/8 | €3,501 | €3,539 | +€38 | +1.1% |
| Gross operating margin | 9900 | €66,312 | €91,897 | +€25,585 | +38.6% |
| Operating profit (loss) | 9901 | €47,947 | €73,494 | +€25,547 | +53.3% |
| Financial charges | 65/66B | €22,045 | €17,589 | -€4,456 | -20.2% |
| Recurring financial charges | 65 | €22,045 | €17,589 | -€4,456 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €25,902 | €55,905 | +€30,003 | +116% |
| Income taxes | 67/77 | €6,645 | €9,139 | +€2,494 | +37.5% |
| Profit (loss) for the period | 9904 | €19,257 | €46,766 | +€27,509 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €19,257 | €46,766 | +€27,509 | +143% |
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 25 October 2026 via checked.be.