TOFFEE: 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.
TOFFEE
Largest movements
- Receivables after one year +€250,183
up €250,183 (+360.9%), from €69,322 to €319,505
- Receivables within one year -€24,191
down €24,191 (-54.8%), from €44,143 to €19,952
of which Other amounts receivable: -€23,336
- Cash +€20,259
up €20,259 (+16.3%), from €124,124 to €144,383
mainly Net result for the year (+€210,907) and Other debts (+€164,131)
- Stocks and contracts +€18,779
up €18,779 (+28.3%), from €66,430 to €85,209
- Tangible fixed assets -€16,514
down €16,514 (-3.4%), from €489,065 to €472,551
- Other debts +€164,131
up €164,131 (+405.8%), from €40,449 to €204,579
- Short-term financial debts +€150,000
up €150,000, from €0 to €150,000
- Trade debts -€129,296
down €129,296 (-68.1%), from €189,897 to €60,601
- Debts after one year +€52,560
up €52,560 (+15.3%), from €343,859 to €396,419
of which Other amounts payable: +€112,139
- Current portion of long-term debt -€14,505
down €14,505 (-18.7%), from €77,366 to €62,861
- Gross operating margin +€161,652
up €161,652 (+52.6%), from €307,613 to €469,266
- Staff costs +€50,124
up €50,124 (+31.4%), from €159,438 to €209,563
- Financial income +€13,750
up €13,750 (+353.2%), from €3,893 to €17,643
- Financial charges +€5,662
up €5,662 (+27.3%), from €20,715 to €26,378
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 | €812,969 | €1,058,144 | +€245,176 | +30.2% |
| Fixed assets | 21/28 | €489,531 | €472,930 | -€16,601 | -3.4% |
| Intangible fixed assets | 21 | €466 | €94 | -€372 | -79.9% |
| Tangible fixed assets | 22/27 | €489,065 | €472,551 | -€16,514 | -3.4% |
| Land and buildings | 22 | €452,184 | €447,487 | -€4,697 | -1.0% |
| Plant, machinery and equipment | 23 | €1,020 | €337 | -€683 | -66.9% |
| Furniture and vehicles | 24 | €1,908 | €842 | -€1,067 | -55.9% |
| Leasing and similar rights | 25 | €15,423 | €11,835 | -€3,589 | -23.3% |
| Other tangible fixed assets | 26 | €18,529 | €12,051 | -€6,478 | -35.0% |
| Financial fixed assets | 28 | - | €285 | +€285 | |
| Current assets | 29/58 | €323,438 | €585,214 | +€261,776 | +80.9% |
| Amounts receivable after more than one year | 29 | €69,322 | €319,505 | +€250,183 | +360.9% |
| Other amounts receivable | 291 | €69,322 | €319,505 | +€250,183 | +360.9% |
| Stocks and contracts in progress | 3 | €66,430 | €85,209 | +€18,779 | +28.3% |
| Stocks | 30/36 | €66,430 | €85,209 | +€18,779 | +28.3% |
| Amounts receivable within one year | 40/41 | €44,143 | €19,952 | -€24,191 | -54.8% |
| Trade receivables | 40 | €11,407 | €10,551 | -€855 | -7.5% |
| Other amounts receivable | 41 | €32,737 | €9,401 | -€23,336 | -71.3% |
| Cash at bank and in hand | 54/58 | €124,124 | €144,383 | +€20,259 | +16.3% |
| Deferred charges and accrued income | 490/1 | €19,419 | €16,165 | -€3,254 | -16.8% |
| Total equity and liabilities | 10/49 | €812,969 | €1,058,144 | +€245,176 | +30.2% |
| Equity | 10/15 | €137,804 | €148,711 | +€10,907 | +7.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Revaluation surpluses | 12 | €29,142 | €29,142 | = | 0.0% |
| Reserves | 13 | €68,662 | €79,569 | +€10,907 | +15.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €68,662 | €79,569 | +€10,907 | +15.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €675,164 | €909,433 | +€234,269 | +34.7% |
| Amounts payable after more than one year | 17 | €343,859 | €396,419 | +€52,560 | +15.3% |
| Financial debts | 170/4 | €343,859 | €284,280 | -€59,579 | -17.3% |
| Other amounts payable | 178/9 | - | €112,139 | +€112,139 | |
| Amounts payable within one year | 42/48 | €329,063 | €511,564 | +€182,501 | +55.5% |
| Current portion of amounts payable after more than one year | 42 | €77,366 | €62,861 | -€14,505 | -18.7% |
| Financial debts | 43 | €0 | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | €0 | €150,000 | +€150,000 | |
| Trade debts | 44 | €189,897 | €60,601 | -€129,296 | -68.1% |
| Suppliers | 440/4 | €189,897 | €60,601 | -€129,296 | -68.1% |
| Taxes, remuneration and social security | 45 | €21,352 | €33,523 | +€12,172 | +57.0% |
| Taxes | 450/3 | €760 | €2,942 | +€2,183 | +287.3% |
| Remuneration and social security | 454/9 | €20,592 | €30,581 | +€9,989 | +48.5% |
| Other amounts payable | 47/48 | €40,449 | €204,579 | +€164,131 | +405.8% |
| Accrued charges and deferred income | 492/3 | €2,242 | €1,450 | -€792 | -35.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €159,438 | €209,563 | +€50,124 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,517 | €26,482 | -€3,035 | -10.3% |
| Other operating charges | 640/8 | €10,851 | €8,828 | -€2,022 | -18.6% |
| Gross operating margin | 9900 | €307,613 | €469,266 | +€161,652 | +52.6% |
| Operating profit (loss) | 9901 | €107,807 | €224,392 | +€116,585 | +108.1% |
| Financial income | 75/76B | €3,893 | €17,643 | +€13,750 | +353.2% |
| Recurring financial income | 75 | €3,893 | €17,643 | +€13,750 | +353.2% |
| Financial charges | 65/66B | €20,715 | €26,378 | +€5,662 | +27.3% |
| Recurring financial charges | 65 | €20,715 | €26,378 | +€5,662 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €90,985 | €215,658 | +€124,673 | +137.0% |
| Income taxes | 67/77 | €9,419 | €4,751 | -€4,668 | -49.6% |
| Profit (loss) for the period | 9904 | €81,566 | €210,907 | +€129,341 | +158.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,566 | €210,907 | +€129,341 | +158.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.