ToerMalijn: 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.
ToerMalijn
Largest movements
- Tangible fixed assets +€65,646
up €65,646 (+3799.6%), from €1,728 to €67,374
of which Furniture and vehicles: +€63,756
- Cash +€9,244
up €9,244 (+38.3%), from €24,107 to €33,351
mainly Debts after one year (+€54,419) and Current portion of long-term debt (+€19,283)
- Receivables within one year +€1,100
new in 2025: €1,100
- Debts after one year +€54,419
new in 2025: €54,419
- Current portion of long-term debt +€19,283
new in 2025: €19,283
- Profit (loss) carried forward +€1,284
up €1,284 (+14.1%), from €9,105 to €10,389
- Depreciation +€16,651
up €16,651 (+56866.5%), from €29 to €16,680
- Gross operating margin +€8,301
up €8,301 (+61.2%), from €13,560 to €21,861
- Taxes -€1,184
down €1,184 (-32.3%), from €3,666 to €2,483
- Financial charges +€967
up €967 (+2918.4%), from €33 to €1,000
- Other operating charges -€255
down €255 (-37.0%), from €689 to €435
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 | €26,405 | €102,457 | +€76,052 | +288.0% |
| Fixed assets | 21/28 | €1,728 | €67,374 | +€65,646 | +3799.6% |
| Tangible fixed assets | 22/27 | €1,728 | €67,374 | +€65,646 | +3799.6% |
| Plant, machinery and equipment | 23 | - | €1,890 | +€1,890 | |
| Furniture and vehicles | 24 | €1,728 | €65,484 | +€63,756 | +3690.2% |
| Current assets | 29/58 | €24,677 | €35,083 | +€10,405 | +42.2% |
| Amounts receivable within one year | 40/41 | - | €1,100 | +€1,100 | |
| Trade receivables | 40 | - | €1,100 | +€1,100 | |
| Cash at bank and in hand | 54/58 | €24,107 | €33,351 | +€9,244 | +38.3% |
| Deferred charges and accrued income | 490/1 | €571 | €632 | +€62 | +10.8% |
| Total equity and liabilities | 10/49 | €26,405 | €102,457 | +€76,052 | +288.0% |
| Equity | 10/15 | €10,105 | €11,389 | +€1,284 | +12.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,105 | €10,389 | +€1,284 | +14.1% |
| Amounts payable | 17/49 | €16,301 | €91,069 | +€74,768 | +458.7% |
| Amounts payable after more than one year | 17 | - | €54,419 | +€54,419 | |
| Financial debts | 170/4 | - | €54,419 | +€54,419 | |
| Amounts payable within one year | 42/48 | €16,301 | €36,649 | +€20,349 | +124.8% |
| Current portion of amounts payable after more than one year | 42 | - | €19,283 | +€19,283 | |
| Trade debts | 44 | €2,515 | €3,023 | +€508 | +20.2% |
| Suppliers | 440/4 | €2,515 | €3,023 | +€508 | +20.2% |
| Taxes, remuneration and social security | 45 | €9,116 | €9,867 | +€751 | +8.2% |
| Taxes | 450/3 | €9,116 | €9,867 | +€751 | +8.2% |
| Other amounts payable | 47/48 | €4,670 | €4,477 | -€194 | -4.1% |
| Remuneration, social security and pensions | 62 | €37 | - | -€37 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29 | €16,680 | +€16,651 | +56866.5% |
| Other operating charges | 640/8 | €689 | €435 | -€255 | -37.0% |
| Gross operating margin | 9900 | €13,560 | €21,861 | +€8,301 | +61.2% |
| Operating profit (loss) | 9901 | €12,804 | €4,747 | -€8,057 | -62.9% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €33 | €1,000 | +€967 | +2918.4% |
| Recurring financial charges | 65 | €33 | €1,000 | +€967 | +2918.4% |
| Profit (loss) for the period before taxes | 9903 | €12,771 | €3,767 | -€9,004 | -70.5% |
| Income taxes | 67/77 | €3,666 | €2,483 | -€1,184 | -32.3% |
| Profit (loss) for the period | 9904 | €9,105 | €1,284 | -€7,821 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,105 | €1,284 | -€7,821 | -85.9% |
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 3 October 2026 via checked.be.