TODICA: 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.
TODICA
Largest movements
- Cash -€105,040
down €105,040 (-76.6%), from €137,173 to €32,133
mainly Contributions, distributions and other (-€75,000) and Investment in fixed assets (net) (-€45,211)
- Receivables within one year +€30,407
up €30,407 (+37.6%), from €80,821 to €111,229
of which Trade receivables: +€33,613
- Tangible fixed assets +€9,043
up €9,043 (+11.2%), from €80,998 to €90,041
of which Furniture and vehicles: +€9,864
- Profit (loss) carried forward -€48,294
down €48,294 (-92.2%), from €52,400 to €4,106
- Other debts -€31,500
down €31,500 (-37.5%), from €84,000 to €52,500
- Tax, wage and social debts -€18,105
down €18,105 (-34.1%), from €53,048 to €34,943
of which Taxes: -€22,405
- Debts after one year +€12,731
up €12,731 (+29.5%), from €43,174 to €55,905
- Trade debts +€11,255
up €11,255 (+32.4%), from €34,747 to €46,002
- Turnover -€85,093
down €85,093 (-6.4%), from €1.3m to €1.3m
- Purchases and services -€60,219
down €60,219 (-4.8%), from €1.2m to €1.2m
- Gross operating margin -€30,013
down €30,013 (-29.6%), from €101,310 to €71,297
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 | €301,287 | €235,952 | -€65,335 | -21.7% |
| Fixed assets | 21/28 | €80,998 | €92,591 | +€11,593 | +14.3% |
| Tangible fixed assets | 22/27 | €80,998 | €90,041 | +€9,043 | +11.2% |
| Plant, machinery and equipment | 23 | €1,531 | €709 | -€822 | -53.7% |
| Furniture and vehicles | 24 | €79,467 | €89,331 | +€9,864 | +12.4% |
| Financial fixed assets | 28 | - | €2,550 | +€2,550 | |
| Current assets | 29/58 | €220,289 | €143,362 | -€76,927 | -34.9% |
| Amounts receivable within one year | 40/41 | €80,821 | €111,229 | +€30,407 | +37.6% |
| Trade receivables | 40 | €42,898 | €76,511 | +€33,613 | +78.4% |
| Other amounts receivable | 41 | €37,923 | €34,717 | -€3,206 | -8.5% |
| Cash at bank and in hand | 54/58 | €137,173 | €32,133 | -€105,040 | -76.6% |
| Deferred charges and accrued income | 490/1 | €2,295 | - | -€2,295 | |
| Total equity and liabilities | 10/49 | €301,287 | €235,952 | -€65,335 | -21.7% |
| Equity | 10/15 | €69,460 | €21,166 | -€48,294 | -69.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,860 | €10,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,400 | €4,106 | -€48,294 | -92.2% |
| Amounts payable | 17/49 | €231,827 | €214,786 | -€17,041 | -7.4% |
| Amounts payable after more than one year | 17 | €43,174 | €55,905 | +€12,731 | +29.5% |
| Financial debts | 170/4 | €43,174 | €55,905 | +€12,731 | +29.5% |
| Amounts payable within one year | 42/48 | €188,653 | €158,882 | -€29,771 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €16,859 | €25,437 | +€8,578 | +50.9% |
| Trade debts | 44 | €34,747 | €46,002 | +€11,255 | +32.4% |
| Suppliers | 440/4 | €34,747 | €46,002 | +€11,255 | +32.4% |
| Taxes, remuneration and social security | 45 | €53,048 | €34,943 | -€18,105 | -34.1% |
| Taxes | 450/3 | €53,048 | €30,643 | -€22,405 | -42.2% |
| Remuneration and social security | 454/9 | - | €4,300 | +€4,300 | |
| Other amounts payable | 47/48 | €84,000 | €52,500 | -€31,500 | -37.5% |
| Turnover | 70 | €1,337,422 | €1,252,329 | -€85,093 | -6.4% |
| Non-recurring operating income | 76A | €5,759 | €620 | -€5,139 | -89.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,241,871 | €1,181,652 | -€60,219 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,552 | €33,619 | +€6,067 | +22.0% |
| Other operating charges | 640/8 | - | €507 | +€507 | |
| Non-recurring operating charges | 66A | €7,915 | €620 | -€7,295 | -92.2% |
| Gross operating margin | 9900 | €101,310 | €71,297 | -€30,013 | -29.6% |
| Operating profit (loss) | 9901 | €65,843 | €36,551 | -€29,292 | -44.5% |
| Financial income | 75/76B | €115 | €1,349 | +€1,234 | +1,075% |
| Recurring financial income | 75 | €115 | €1,349 | +€1,234 | +1,075% |
| Financial charges | 65/66B | €4,338 | €3,051 | -€1,287 | -29.7% |
| Recurring financial charges | 65 | €4,338 | €3,051 | -€1,287 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €61,620 | €34,849 | -€26,771 | -43.4% |
| Income taxes | 67/77 | €17,048 | €8,143 | -€8,905 | -52.2% |
| Profit (loss) for the period | 9904 | €44,572 | €26,706 | -€17,867 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,572 | €26,706 | -€17,867 | -40.1% |
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 27 October 2026 via checked.be.