Toda Consult: 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.
Toda Consult
Largest movements
- Cash +€103,768
up €103,768 (+229%), from €45,238 to €149,005
mainly Net result for the year (+€123,217) and Depreciation (+€4,296)
- Deferred charges and accrued income +€4,879
up €4,879 (+184%), from €2,647 to €7,526
- Reserves +€121,617
up €121,617 (+46.7%), from €260,345 to €381,962
- Tax, wage and social debts -€15,076
down €15,076 (-55.2%), from €27,327 to €12,251
of which Taxes: -€12,902
- Gross operating margin -€25,643
down €25,643 (-13.9%), from €184,753 to €159,110
- Taxes -€17,291
down €17,291 (-32.1%), from €53,866 to €36,575
- Financial income +€4,038
up €4,038 (+241%), from €1,677 to €5,715
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 | €291,416 | €400,458 | +€109,042 | +37.4% |
| Fixed assets | 21/28 | €10,428 | €12,432 | +€2,004 | +19.2% |
| Intangible fixed assets | 21 | €138 | €88 | -€50 | -36.4% |
| Tangible fixed assets | 22/27 | €10,291 | €10,345 | +€54 | +0.5% |
| Plant, machinery and equipment | 23 | €2,026 | €1,248 | -€778 | -38.4% |
| Furniture and vehicles | 24 | €8,264 | €9,097 | +€832 | +10.1% |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €280,987 | €388,026 | +€107,038 | +38.1% |
| Amounts receivable within one year | 40/41 | €98,102 | €96,494 | -€1,608 | -1.6% |
| Trade receivables | 40 | €61,605 | €45,576 | -€16,029 | -26.0% |
| Other amounts receivable | 41 | €36,497 | €50,918 | +€14,421 | +39.5% |
| Current investments | 50/53 | €135,000 | €135,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,238 | €149,005 | +€103,768 | +229% |
| Deferred charges and accrued income | 490/1 | €2,647 | €7,526 | +€4,879 | +184% |
| Total equity and liabilities | 10/49 | €291,416 | €400,458 | +€109,042 | +37.4% |
| Equity | 10/15 | €263,345 | €384,962 | +€121,617 | +46.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €260,345 | €381,962 | +€121,617 | +46.7% |
| Distributable reserves | 133 | €260,345 | €381,962 | +€121,617 | +46.7% |
| Amounts payable | 17/49 | €28,070 | €15,496 | -€12,574 | -44.8% |
| Amounts payable within one year | 42/48 | €28,070 | €15,496 | -€12,574 | -44.8% |
| Trade debts | 44 | €743 | €3,245 | +€2,502 | +337% |
| Suppliers | 440/4 | €743 | €3,245 | +€2,502 | +337% |
| Taxes, remuneration and social security | 45 | €27,327 | €12,251 | -€15,076 | -55.2% |
| Taxes | 450/3 | €25,153 | €12,251 | -€12,902 | -51.3% |
| Remuneration and social security | 454/9 | €2,174 | - | -€2,174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,213 | €4,296 | +€1,082 | +33.7% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Non-recurring operating charges | 66A | €798 | €384 | -€414 | -51.9% |
| Gross operating margin | 9900 | €184,753 | €159,110 | -€25,643 | -13.9% |
| Operating profit (loss) | 9901 | €180,601 | €154,286 | -€26,315 | -14.6% |
| Financial income | 75/76B | €1,677 | €5,715 | +€4,038 | +241% |
| Recurring financial income | 75 | €1,677 | €5,715 | +€4,038 | +241% |
| Financial charges | 65/66B | €118 | €208 | +€90 | +76.5% |
| Recurring financial charges | 65 | €118 | €208 | +€90 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €182,159 | €159,792 | -€22,367 | -12.3% |
| Income taxes | 67/77 | €53,866 | €36,575 | -€17,291 | -32.1% |
| Profit (loss) for the period | 9904 | €128,293 | €123,217 | -€5,076 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €128,293 | €123,217 | -€5,076 | -4.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.