TOETERNITOE: 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.
TOETERNITOE
Largest movements
- Cash +€17,385
up €17,385 (+61.3%), from €28,370 to €45,755
mainly Net result for the year (+€17,347) and Depreciation (+€1,408)
- Reserves +€17,347
up €17,347 (+9.7%), from €179,329 to €196,676
of which Distributable reserves: +€17,347
- Gross operating margin -€12,053
down €12,053 (-23.2%), from €51,942 to €39,889
- Taxes -€3,010
down €3,010 (-34.9%), from €8,619 to €5,609
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 | €724,878 | €742,245 | +€17,368 | +2.4% |
| Fixed assets | 21/28 | €695,508 | €694,100 | -€1,408 | -0.2% |
| Tangible fixed assets | 22/27 | €695,508 | €694,100 | -€1,408 | -0.2% |
| Land and buildings | 22 | €695,508 | €694,100 | -€1,408 | -0.2% |
| Current assets | 29/58 | €29,370 | €48,145 | +€18,776 | +63.9% |
| Amounts receivable within one year | 40/41 | €1,000 | €2,391 | +€1,391 | +139% |
| Other amounts receivable | 41 | €1,000 | €2,391 | +€1,391 | +139% |
| Cash at bank and in hand | 54/58 | €28,370 | €45,755 | +€17,385 | +61.3% |
| Total equity and liabilities | 10/49 | €724,878 | €742,245 | +€17,368 | +2.4% |
| Equity | 10/15 | €709,842 | €727,189 | +€17,347 | +2.4% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Revaluation surpluses | 12 | €405,513 | €405,513 | = | 0.0% |
| Reserves | 13 | €179,329 | €196,676 | +€17,347 | +9.7% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €166,829 | €184,176 | +€17,347 | +10.4% |
| Amounts payable | 17/49 | €15,036 | €15,057 | +€21 | +0.1% |
| Amounts payable within one year | 42/48 | €8,923 | €8,943 | +€21 | +0.2% |
| Trade debts | 44 | €2,404 | €2,425 | +€21 | +0.9% |
| Suppliers | 440/4 | €2,404 | €2,425 | +€21 | +0.9% |
| Other amounts payable | 47/48 | €6,518 | €6,518 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,113 | €6,113 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,325 | €1,408 | +€83 | +6.3% |
| Other operating charges | 640/8 | €15,092 | €15,480 | +€388 | +2.6% |
| Gross operating margin | 9900 | €51,942 | €39,889 | -€12,053 | -23.2% |
| Operating profit (loss) | 9901 | €35,525 | €23,001 | -€12,524 | -35.3% |
| Financial charges | 65/66B | €44 | €45 | +€1 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€1 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €35,482 | €22,956 | -€12,525 | -35.3% |
| Income taxes | 67/77 | €8,619 | €5,609 | -€3,010 | -34.9% |
| Profit (loss) for the period | 9904 | €26,862 | €17,347 | -€9,515 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,862 | €17,347 | -€9,515 | -35.4% |
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.