Toekan: 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.
Toekan
Largest movements
- Cash +€72,996
up €72,996 (+4,063%), from €1,797 to €74,793
mainly Net result for the year (+€71,087) and Current investments (+€30,000)
- Current investments -€30,000
no longer reported in 2025 (was €30,000)
- Tangible fixed assets -€10,912
down €10,912 (-3.8%), from €289,105 to €278,192
of which Furniture and vehicles: -€5,781
- Receivables within one year +€7,687
up €7,687 (+56.6%), from €13,572 to €21,259
of which Other amounts receivable: +€9,239
- Reserves +€70,228
up €70,228 (+3,880%), from €1,810 to €72,038
- Debts after one year -€24,000
down €24,000 (-8.6%), from €280,000 to €256,000
of which Financial debts: -€207,000
- Current portion of long-term debt -€23,000
no longer reported in 2025 (was €23,000)
- Other debts +€7,971
up €7,971 (+132%), from €6,035 to €14,006
- Trade debts +€7,029
up €7,029 (+572%), from €1,229 to €8,257
- Gross operating margin +€95,223
up €95,223 (+1,409%), from €6,756 to €101,979
- Other operating charges -€41,522
down €41,522 (-95.8%), from €43,341 to €1,820
- Taxes +€10,741
up €10,741 (+5,517%), from €195 to €10,936
- Depreciation +€9,211
up €9,211 (+192%), from €4,801 to €14,012
- Financial charges +€1,598
up €1,598 (+51.4%), from €3,111 to €4,709
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 | €335,195 | €374,595 | +€39,400 | +11.8% |
| Fixed assets | 21/28 | €289,105 | €278,192 | -€10,912 | -3.8% |
| Tangible fixed assets | 22/27 | €289,105 | €278,192 | -€10,912 | -3.8% |
| Land and buildings | 22 | €254,561 | €251,430 | -€3,131 | -1.2% |
| Plant, machinery and equipment | 23 | €9,858 | €7,858 | -€2,000 | -20.3% |
| Furniture and vehicles | 24 | €24,685 | €18,904 | -€5,781 | -23.4% |
| Current assets | 29/58 | €46,090 | €96,402 | +€50,312 | +109% |
| Amounts receivable within one year | 40/41 | €13,572 | €21,259 | +€7,687 | +56.6% |
| Trade receivables | 40 | €13,572 | €12,019 | -€1,552 | -11.4% |
| Other amounts receivable | 41 | - | €9,239 | +€9,239 | |
| Current investments | 50/53 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €1,797 | €74,793 | +€72,996 | +4,063% |
| Deferred charges and accrued income | 490/1 | €722 | €351 | -€371 | -51.3% |
| Total equity and liabilities | 10/49 | €335,195 | €374,595 | +€39,400 | +11.8% |
| Equity | 10/15 | €16,810 | €87,038 | +€70,228 | +418% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,810 | €72,038 | +€70,228 | +3,880% |
| Distributable reserves | 133 | €1,810 | €72,038 | +€70,228 | +3,880% |
| Amounts payable | 17/49 | €318,384 | €287,557 | -€30,828 | -9.7% |
| Amounts payable after more than one year | 17 | €280,000 | €256,000 | -€24,000 | -8.6% |
| Financial debts | 170/4 | €207,000 | - | -€207,000 | |
| Other amounts payable | 178/9 | €73,000 | €256,000 | +€183,000 | +251% |
| Amounts payable within one year | 42/48 | €35,399 | €27,125 | -€8,275 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €23,000 | - | -€23,000 | |
| Trade debts | 44 | €1,229 | €8,257 | +€7,029 | +572% |
| Suppliers | 440/4 | €1,229 | €8,257 | +€7,029 | +572% |
| Taxes, remuneration and social security | 45 | €5,136 | €4,862 | -€274 | -5.3% |
| Taxes | 450/3 | €3,408 | €4,862 | +€1,454 | +42.7% |
| Remuneration and social security | 454/9 | €1,728 | - | -€1,728 | |
| Other amounts payable | 47/48 | €6,035 | €14,006 | +€7,971 | +132% |
| Accrued charges and deferred income | 492/3 | €2,985 | €4,432 | +€1,447 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,801 | €14,012 | +€9,211 | +192% |
| Other operating charges | 640/8 | €43,341 | €1,820 | -€41,522 | -95.8% |
| Gross operating margin | 9900 | €6,756 | €101,979 | +€95,223 | +1,409% |
| Operating profit (loss) | 9901 | -€41,386 | €86,148 | +€127,533 | |
| Financial income | 75/76B | €484 | €584 | +€99 | +20.5% |
| Recurring financial income | 75 | €484 | €584 | +€99 | +20.5% |
| Financial charges | 65/66B | €3,111 | €4,709 | +€1,598 | +51.4% |
| Recurring financial charges | 65 | €3,111 | €4,709 | +€1,598 | +51.4% |
| Profit (loss) for the period before taxes | 9903 | -€44,012 | €82,023 | +€126,035 | |
| Income taxes | 67/77 | €195 | €10,936 | +€10,741 | +5,517% |
| Profit (loss) for the period | 9904 | -€44,207 | €71,087 | +€115,294 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,207 | €71,087 | +€115,294 |
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 19 October 2026 via checked.be.