TOENDRA: 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.
TOENDRA
Largest movements
- Receivables within one year +€10,036
up €10,036 (+22.6%), from €44,414 to €54,450
of which Other amounts receivable: +€6,310
- Tangible fixed assets -€1,270
down €1,270 (-11.9%), from €10,698 to €9,428
of which Furniture and vehicles: -€1,886
- Other debts +€20,177
up €20,177 (+550%), from €3,671 to €23,848
- Profit (loss) carried forward -€8,079
new in 2025: -€8,079
- Trade debts +€6,564
new in 2025: €6,564
- Debts after one year -€5,000
down €5,000 (-61.3%), from €8,150 to €3,150
- Tax, wage and social debts -€4,568
down €4,568 (-51.6%), from €8,859 to €4,291
- Purchases and services +€13,223
up €13,223 (+65.9%), from €20,064 to €33,287
- Gross operating margin -€11,047
down €11,047 (-98.2%), from €11,249 to €203
- Taxes -€2,709
down €2,709 (-93.9%), from €2,885 to €176
- Other operating charges +€1,689
up €1,689 (+213%), from €793 to €2,482
- Financial charges -€354
down €354 (-16.5%), from €2,151 to €1,797
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,113 | €64,082 | +€8,969 | +16.3% |
| Fixed assets | 21/28 | €10,698 | €9,428 | -€1,270 | -11.9% |
| Tangible fixed assets | 22/27 | €10,698 | €9,428 | -€1,270 | -11.9% |
| Land and buildings | 22 | - | €616 | +€616 | |
| Furniture and vehicles | 24 | €10,698 | €8,813 | -€1,886 | -17.6% |
| Current assets | 29/58 | €44,414 | €54,653 | +€10,239 | +23.1% |
| Amounts receivable within one year | 40/41 | €44,414 | €54,450 | +€10,036 | +22.6% |
| Trade receivables | 40 | €4,414 | €8,140 | +€3,725 | +84.4% |
| Other amounts receivable | 41 | €40,000 | €46,310 | +€6,310 | +15.8% |
| Deferred charges and accrued income | 490/1 | - | €203 | +€203 | |
| Total equity and liabilities | 10/49 | €55,113 | €64,082 | +€8,969 | +16.3% |
| Equity | 10/15 | €31,543 | €23,464 | -€8,079 | -25.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €12,993 | €12,993 | = | 0.0% |
| Distributable reserves | 133 | €12,993 | €12,993 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,079 | -€8,079 | |
| Amounts payable | 17/49 | €23,569 | €40,617 | +€17,048 | +72.3% |
| Amounts payable after more than one year | 17 | €8,150 | €3,150 | -€5,000 | -61.3% |
| Financial debts | 170/4 | €8,150 | €3,150 | -€5,000 | -61.3% |
| Amounts payable within one year | 42/48 | €15,419 | €37,467 | +€22,048 | +143% |
| Financial debts | 43 | €2,890 | €2,764 | -€125 | -4.3% |
| Credit institutions | 430/8 | €2,890 | €2,764 | -€125 | -4.3% |
| Trade debts | 44 | - | €6,564 | +€6,564 | |
| Suppliers | 440/4 | - | €6,564 | +€6,564 | |
| Taxes, remuneration and social security | 45 | €8,859 | €4,291 | -€4,568 | -51.6% |
| Taxes | 450/3 | €8,859 | €4,291 | -€4,568 | -51.6% |
| Other amounts payable | 47/48 | €3,671 | €23,848 | +€20,177 | +550% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,064 | €33,287 | +€13,223 | +65.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,565 | €3,826 | +€260 | +7.3% |
| Other operating charges | 640/8 | €793 | €2,482 | +€1,689 | +213% |
| Gross operating margin | 9900 | €11,249 | €203 | -€11,047 | -98.2% |
| Operating profit (loss) | 9901 | €6,891 | -€6,106 | -€12,996 | |
| Financial charges | 65/66B | €2,151 | €1,797 | -€354 | -16.5% |
| Recurring financial charges | 65 | €2,151 | €1,797 | -€354 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €4,739 | -€7,903 | -€12,642 | |
| Income taxes | 67/77 | €2,885 | €176 | -€2,709 | -93.9% |
| Profit (loss) for the period | 9904 | €1,854 | -€8,079 | -€9,933 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,854 | -€8,079 | -€9,933 |
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 14 October 2026 via checked.be.