TOESJ: 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.
TOESJ
Largest movements
- Receivables within one year +€13,733
up €13,733 (+31.7%), from €43,335 to €57,068
of which Trade receivables: +€20,209
- Cash -€12,492
down €12,492 (-42.4%), from €29,436 to €16,944
mainly Debts after one year (-€20,000) and Investment in fixed assets (net) (-€16,677)
- Deferred charges and accrued income -€10,642
down €10,642 (-97.2%), from €10,950 to €309
- Tangible fixed assets +€8,248
up €8,248 (+1,324%), from €623 to €8,871
of which Other tangible fixed assets: +€6,143
- Financial fixed assets +€4,500
new in 2024: €4,500
- Debts after one year -€20,000
down €20,000 (-28.6%), from €70,000 to €50,000
- Profit (loss) carried forward +€12,980
up €12,980 (+36.9%), from -€35,180 to -€22,201
- Short-term financial debts +€9,172
up €9,172 (+714%), from €1,285 to €10,457
- Accrued charges and deferred income +€7,500
new in 2024: €7,500
- Trade debts -€6,032
down €6,032 (-15.3%), from €39,510 to €33,478
- Gross operating margin +€22,457
up €22,457 (+137%), from €16,396 to €38,854
- Staff costs +€13,881
up €13,881 (+447%), from €3,108 to €16,989
- Other operating charges +€2,278
up €2,278 (+137%), from €1,667 to €3,945
- Financial charges +€571
up €571 (+129%), from €441 to €1,012
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,853 | €111,691 | +€2,838 | +2.6% |
| Fixed assets | 21/28 | €21,382 | €34,120 | +€12,739 | +59.6% |
| Intangible fixed assets | 21 | €20,759 | €20,749 | -€9 | 0.0% |
| Tangible fixed assets | 22/27 | €623 | €8,871 | +€8,248 | +1,324% |
| Plant, machinery and equipment | 23 | €623 | €2,728 | +€2,105 | +338% |
| Other tangible fixed assets | 26 | €0 | €6,143 | +€6,143 | |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €87,471 | €77,571 | -€9,901 | -11.3% |
| Stocks and contracts in progress | 3 | €3,750 | €3,250 | -€500 | -13.3% |
| Stocks | 30/36 | €3,750 | €3,250 | -€500 | -13.3% |
| Amounts receivable within one year | 40/41 | €43,335 | €57,068 | +€13,733 | +31.7% |
| Trade receivables | 40 | €31,184 | €51,393 | +€20,209 | +64.8% |
| Other amounts receivable | 41 | €12,151 | €5,676 | -€6,476 | -53.3% |
| Cash at bank and in hand | 54/58 | €29,436 | €16,944 | -€12,492 | -42.4% |
| Deferred charges and accrued income | 490/1 | €10,950 | €309 | -€10,642 | -97.2% |
| Total equity and liabilities | 10/49 | €108,853 | €111,691 | +€2,838 | +2.6% |
| Equity | 10/15 | -€28,980 | -€16,001 | +€12,980 | +44.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€35,180 | -€22,201 | +€12,980 | +36.9% |
| Amounts payable | 17/49 | €137,833 | €127,691 | -€10,142 | -7.4% |
| Amounts payable after more than one year | 17 | €70,000 | €50,000 | -€20,000 | -28.6% |
| Financial debts | 170/4 | €70,000 | €50,000 | -€20,000 | -28.6% |
| Amounts payable within one year | 42/48 | €67,833 | €70,191 | +€2,358 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,285 | €10,457 | +€9,172 | +714% |
| Credit institutions | 430/8 | €1,285 | €10,457 | +€9,172 | +714% |
| Trade debts | 44 | €39,510 | €33,478 | -€6,032 | -15.3% |
| Suppliers | 440/4 | €39,510 | €33,478 | -€6,032 | -15.3% |
| Taxes, remuneration and social security | 45 | €14,406 | €12,939 | -€1,467 | -10.2% |
| Taxes | 450/3 | €13,417 | €12,939 | -€478 | -3.6% |
| Remuneration and social security | 454/9 | €989 | €0 | -€989 | -100% |
| Other amounts payable | 47/48 | €12,632 | €13,317 | +€686 | +5.4% |
| Accrued charges and deferred income | 492/3 | - | €7,500 | +€7,500 | |
| Remuneration, social security and pensions | 62 | €3,108 | €16,989 | +€13,881 | +447% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,870 | €3,938 | +€68 | +1.8% |
| Other operating charges | 640/8 | €1,667 | €3,945 | +€2,278 | +137% |
| Gross operating margin | 9900 | €16,396 | €38,854 | +€22,457 | +137% |
| Operating profit (loss) | 9901 | €7,751 | €13,981 | +€6,230 | +80.4% |
| Financial income | 75/76B | €5 | €11 | +€6 | +119% |
| Recurring financial income | 75 | €5 | €11 | +€6 | +119% |
| Financial charges | 65/66B | €441 | €1,012 | +€571 | +129% |
| Recurring financial charges | 65 | €441 | €1,012 | +€571 | +129% |
| Profit (loss) for the period before taxes | 9903 | €7,315 | €12,980 | +€5,665 | +77.4% |
| Profit (loss) for the period | 9904 | €7,315 | €12,980 | +€5,665 | +77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,315 | €12,980 | +€5,665 | +77.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.