TOFIBA: 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.
TOFIBA
Largest movements
- Receivables within one year +€25,485
up €25,485 (+50364.8%), from €51 to €25,535
- Tangible fixed assets -€21,064
down €21,064 (-21.7%), from €96,934 to €75,870
- Other debts +€52,064
up €52,064 (+15.5%), from €335,039 to €387,103
- Trade debts -€17,171
down €17,171 (-85.4%), from €20,104 to €2,933
- Profit (loss) carried forward -€10,462
down €10,462 (-2.5%), from -€426,182 to -€436,644
- Short-term financial debts -€8,872
no longer reported in 2025 (was €8,872)
- Tax, wage and social debts -€4,564
down €4,564 (-71.6%), from €6,372 to €1,808
- Gross operating margin +€15,497
up €15,497 (+1864.3%), from €831 to €16,329
- Depreciation -€978
down €978 (-4.4%), from €22,042 to €21,064
- Other operating charges +€249
up €249 (+7.7%), from €3,232 to €3,480
- Financial charges -€236
down €236 (-17.1%), from €1,380 to €1,144
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 | €97,218 | €102,300 | +€5,083 | +5.2% |
| Fixed assets | 21/28 | €96,934 | €75,870 | -€21,064 | -21.7% |
| Tangible fixed assets | 22/27 | €96,934 | €75,870 | -€21,064 | -21.7% |
| Land and buildings | 22 | €96,934 | €75,870 | -€21,064 | -21.7% |
| Current assets | 29/58 | €284 | €26,431 | +€26,146 | +9198.1% |
| Amounts receivable within one year | 40/41 | €51 | €25,535 | +€25,485 | +50364.8% |
| Trade receivables | 40 | €51 | €25,535 | +€25,485 | +50364.8% |
| Cash at bank and in hand | 54/58 | €234 | €896 | +€662 | +283.3% |
| Total equity and liabilities | 10/49 | €97,218 | €102,300 | +€5,083 | +5.2% |
| Equity | 10/15 | -€282,582 | -€293,044 | -€10,462 | -3.7% |
| Contributions | 10/11 | €143,600 | €143,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€426,182 | -€436,644 | -€10,462 | -2.5% |
| Amounts payable | 17/49 | €379,800 | €395,344 | +€15,545 | +4.1% |
| Amounts payable after more than one year | 17 | €3,468 | - | -€3,468 | |
| Financial debts | 170/4 | €3,468 | - | -€3,468 | |
| Amounts payable within one year | 42/48 | €376,332 | €395,312 | +€18,980 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €5,946 | €3,468 | -€2,478 | -41.7% |
| Financial debts | 43 | €8,872 | - | -€8,872 | |
| Credit institutions | 430/8 | €8,872 | - | -€8,872 | |
| Trade debts | 44 | €20,104 | €2,933 | -€17,171 | -85.4% |
| Suppliers | 440/4 | €20,104 | €2,933 | -€17,171 | -85.4% |
| Taxes, remuneration and social security | 45 | €6,372 | €1,808 | -€4,564 | -71.6% |
| Taxes | 450/3 | €6,372 | €1,808 | -€4,564 | -71.6% |
| Other amounts payable | 47/48 | €335,039 | €387,103 | +€52,064 | +15.5% |
| Accrued charges and deferred income | 492/3 | - | €33 | +€33 | |
| Remuneration, social security and pensions | 62 | €1,193 | €1,103 | -€90 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,042 | €21,064 | -€978 | -4.4% |
| Other operating charges | 640/8 | €3,232 | €3,480 | +€249 | +7.7% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €831 | €16,329 | +€15,497 | +1864.3% |
| Operating profit (loss) | 9901 | -€25,936 | -€9,318 | +€16,617 | +64.1% |
| Financial income | 75/76B | €2 | €0 | -€1 | -71.9% |
| Recurring financial income | 75 | €2 | €0 | -€1 | -71.9% |
| Financial charges | 65/66B | €1,380 | €1,144 | -€236 | -17.1% |
| Recurring financial charges | 65 | €1,380 | €1,144 | -€236 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,314 | -€10,462 | +€16,852 | +61.7% |
| Profit (loss) for the period | 9904 | -€27,314 | -€10,462 | +€16,852 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,314 | -€10,462 | +€16,852 | +61.7% |
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 12 October 2026 via checked.be.