TOEPPARK: what changed
Two fiscal 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.
TOEPPARK
Largest movements
- Receivables within one year +€207,130
up €207,130 (+127331.7%), from €163 to €207,293
- Current investments +€119,906
up €119,906 (+11.6%), from €1.0m to €1.2m
- Cash -€27,511
down €27,511 (-30.0%), from €91,670 to €64,159
mainly Receivables within one year (-€207,130) and Current investments (-€119,906)
- Tangible fixed assets -€26,384
down €26,384 (-5.2%), from €505,959 to €479,575
of which Land and buildings: -€24,071
- Reserves +€272,686
up €272,686 (+22.4%), from €1.2m to €1.5m
of which Distributable reserves: +€272,686
- Financial income +€259,787
up €259,787 (+1534.7%), from €16,928 to €276,715
- Gross operating margin -€52,783
down €52,783 (-58.1%), from €90,802 to €38,019
- Taxes -€15,270
down €15,270 (-93.0%), from €16,416 to €1,145
- Financial charges +€1,599
up €1,599 (+344.8%), from €464 to €2,063
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.
Cash bridge derived
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 | €1,629,252 | €1,913,541 | +€284,289 | +17.4% |
| Fixed assets | 21/28 | €505,959 | €479,575 | -€26,384 | -5.2% |
| Tangible fixed assets | 22/27 | €505,959 | €479,575 | -€26,384 | -5.2% |
| Land and buildings | 22 | €500,401 | €476,330 | -€24,071 | -4.8% |
| Plant, machinery and equipment | 23 | €690 | - | -€690 | |
| Furniture and vehicles | 24 | €4,868 | €3,245 | -€1,623 | -33.3% |
| Current assets | 29/58 | €1,123,293 | €1,433,966 | +€310,673 | +27.7% |
| Amounts receivable within one year | 40/41 | €163 | €207,293 | +€207,130 | +127331.7% |
| Other amounts receivable | 41 | €163 | €207,293 | +€207,130 | +127331.7% |
| Current investments | 50/53 | €1,031,016 | €1,150,921 | +€119,906 | +11.6% |
| Cash at bank and in hand | 54/58 | €91,670 | €64,159 | -€27,511 | -30.0% |
| Deferred charges and accrued income | 490/1 | €445 | €11,593 | +€11,148 | +2507.3% |
| Total equity and liabilities | 10/49 | €1,629,252 | €1,913,541 | +€284,289 | +17.4% |
| Equity | 10/15 | €1,625,486 | €1,898,172 | +€272,686 | +16.8% |
| Contributions | 10/11 | €409,024 | €409,024 | = | 0.0% |
| Capital | 10 | €278,880 | €278,880 | = | 0.0% |
| Issued capital | 100 | €278,880 | €278,880 | = | 0.0% |
| Outside capital | 11 | €130,144 | €130,144 | = | 0.0% |
| Share premium | 1100/10 | €130,144 | €130,144 | = | 0.0% |
| Reserves | 13 | €1,216,462 | €1,489,148 | +€272,686 | +22.4% |
| Non-distributable reserves | 130/1 | €27,888 | €27,888 | = | 0.0% |
| Legal reserve | 130 | €27,888 | €27,888 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,264 | €5,264 | = | 0.0% |
| Distributable reserves | 133 | €1,183,309 | €1,455,995 | +€272,686 | +23.0% |
| Amounts payable | 17/49 | €3,766 | €15,369 | +€11,603 | +308.1% |
| Amounts payable within one year | 42/48 | €866 | €12,319 | +€11,453 | +1322.5% |
| Trade debts | 44 | €371 | €1,824 | +€1,453 | +391.7% |
| Suppliers | 440/4 | €371 | €1,824 | +€1,453 | +391.7% |
| Other amounts payable | 47/48 | €495 | €10,495 | +€10,000 | +2019.7% |
| Accrued charges and deferred income | 492/3 | €2,900 | €3,050 | +€150 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,460 | €26,384 | -€76 | -0.3% |
| Other operating charges | 640/8 | €2,383 | €2,455 | +€72 | +3.0% |
| Gross operating margin | 9900 | €90,802 | €38,019 | -€52,783 | -58.1% |
| Operating profit (loss) | 9901 | €61,959 | €9,180 | -€52,779 | -85.2% |
| Financial income | 75/76B | €16,928 | €276,715 | +€259,787 | +1534.7% |
| Recurring financial income | 75 | €16,928 | €276,715 | +€259,787 | +1534.7% |
| Financial charges | 65/66B | €464 | €2,063 | +€1,599 | +344.8% |
| Recurring financial charges | 65 | €464 | €2,063 | +€1,599 | +344.8% |
| Profit (loss) for the period before taxes | 9903 | €78,423 | €283,831 | +€205,408 | +261.9% |
| Income taxes | 67/77 | €16,416 | €1,145 | -€15,270 | -93.0% |
| Profit (loss) for the period | 9904 | €62,008 | €282,686 | +€220,678 | +355.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,008 | €282,686 | +€220,678 | +355.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.