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 -€47,481
down €47,481 (-14.5%), from €327,507 to €280,026
mainly Contributions, distributions and other (-€42,857) and Other debts (-€11,852)
- Receivables within one year +€4,159
up €4,159 (+11.4%), from €36,436 to €40,595
of which Other amounts receivable: +€2,716
- Reserves -€21,421
down €21,421 (-7.6%), from €282,843 to €261,421
- Other debts -€11,852
down €11,852 (-19.5%), from €60,714 to €48,861
- Trade debts -€11,358
down €11,358 (-70.0%), from €16,224 to €4,866
- Gross operating margin +€29,753
up €29,753 (+1,665%), from €1,787 to €31,540
- Taxes +€1,369
up €1,369 (+27.4%), from €5,000 to €6,369
- Financial charges +€933
up €933 (+143%), from €653 to €1,586
- Other operating charges -€417
down €417 (-34.2%), from €1,217 to €801
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 | €370,965 | €327,079 | -€43,886 | -11.8% |
| Fixed assets | 21/28 | €5,569 | €5,568 | -€1 | 0.0% |
| Tangible fixed assets | 22/27 | €5,569 | €5,568 | -€1 | 0.0% |
| Plant, machinery and equipment | 23 | €225 | €1,940 | +€1,715 | +761% |
| Furniture and vehicles | 24 | €5,344 | €3,628 | -€1,715 | -32.1% |
| Current assets | 29/58 | €365,396 | €321,511 | -€43,885 | -12.0% |
| Stocks and contracts in progress | 3 | €290 | €889 | +€599 | +207% |
| Stocks | 30/36 | €290 | €889 | +€599 | +207% |
| Amounts receivable within one year | 40/41 | €36,436 | €40,595 | +€4,159 | +11.4% |
| Trade receivables | 40 | €36,436 | €37,879 | +€1,443 | +4.0% |
| Other amounts receivable | 41 | - | €2,716 | +€2,716 | |
| Cash at bank and in hand | 54/58 | €327,507 | €280,026 | -€47,481 | -14.5% |
| Deferred charges and accrued income | 490/1 | €1,163 | - | -€1,163 | |
| Total equity and liabilities | 10/49 | €370,965 | €327,079 | -€43,886 | -11.8% |
| Equity | 10/15 | €289,043 | €267,621 | -€21,421 | -7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €282,843 | €261,421 | -€21,421 | -7.6% |
| Distributable reserves | 133 | €282,843 | €261,421 | -€21,421 | -7.6% |
| Amounts payable | 17/49 | €81,922 | €59,457 | -€22,465 | -27.4% |
| Amounts payable within one year | 42/48 | €81,922 | €59,457 | -€22,465 | -27.4% |
| Trade debts | 44 | €16,224 | €4,866 | -€11,358 | -70.0% |
| Suppliers | 440/4 | €16,224 | €4,866 | -€11,358 | -70.0% |
| Taxes, remuneration and social security | 45 | €4,984 | €5,730 | +€746 | +15.0% |
| Taxes | 450/3 | €4,984 | €5,730 | +€746 | +15.0% |
| Other amounts payable | 47/48 | €60,714 | €48,861 | -€11,852 | -19.5% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,212 | €2,300 | +€88 | +4.0% |
| Other operating charges | 640/8 | €1,217 | €801 | -€417 | -34.2% |
| Gross operating margin | 9900 | €1,787 | €31,540 | +€29,753 | +1,665% |
| Operating profit (loss) | 9901 | -€1,642 | €28,440 | +€30,082 | |
| Financial income | 75/76B | €899 | €951 | +€52 | +5.8% |
| Recurring financial income | 75 | €899 | €951 | +€52 | +5.8% |
| Financial charges | 65/66B | €653 | €1,586 | +€933 | +143% |
| Recurring financial charges | 65 | €653 | €1,586 | +€933 | +143% |
| Profit (loss) for the period before taxes | 9903 | -€1,396 | €27,805 | +€29,201 | |
| Income taxes | 67/77 | €5,000 | €6,369 | +€1,369 | +27.4% |
| Profit (loss) for the period | 9904 | -€6,396 | €21,436 | +€27,832 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,396 | €21,436 | +€27,832 |
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 15 October 2026 via checked.be.