Tofinco: 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.
Tofinco
Largest movements
- Cash +€73,457
up €73,457 (+96.3%), from €76,250 to €149,707
mainly Net result for the year (+€42,512) and Receivables within one year (+€37,985)
- Receivables within one year -€37,985
down €37,985 (-88.2%), from €43,070 to €5,085
of which Trade receivables: -€39,845
- Reserves +€42,512
up €42,512 (+22.5%), from €188,835 to €231,347
- Tax, wage and social debts -€7,417
down €7,417 (-35.8%), from €20,709 to €13,292
- Gross operating margin -€23,223
down €23,223 (-30.3%), from €76,593 to €53,370
- Taxes -€6,154
down €6,154 (-29.4%), from €20,924 to €14,770
- Financial income +€4,209
up €4,209 (+587%), from €717 to €4,926
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 | €230,192 | €265,382 | +€35,189 | +15.3% |
| Fixed assets | 21/28 | €872 | €590 | -€282 | -32.4% |
| Tangible fixed assets | 22/27 | €872 | €590 | -€282 | -32.4% |
| Plant, machinery and equipment | 23 | €872 | €590 | -€282 | -32.4% |
| Current assets | 29/58 | €229,320 | €264,792 | +€35,472 | +15.5% |
| Amounts receivable within one year | 40/41 | €43,070 | €5,085 | -€37,985 | -88.2% |
| Trade receivables | 40 | €39,845 | €0 | -€39,845 | -100% |
| Other amounts receivable | 41 | €3,225 | €5,085 | +€1,860 | +57.7% |
| Current investments | 50/53 | €110,000 | €110,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €76,250 | €149,707 | +€73,457 | +96.3% |
| Total equity and liabilities | 10/49 | €230,192 | €265,382 | +€35,189 | +15.3% |
| Equity | 10/15 | €208,835 | €251,347 | +€42,512 | +20.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €188,835 | €231,347 | +€42,512 | +22.5% |
| Distributable reserves | 133 | €188,835 | €231,347 | +€42,512 | +22.5% |
| Amounts payable | 17/49 | €21,357 | €14,034 | -€7,323 | -34.3% |
| Amounts payable within one year | 42/48 | €21,357 | €14,034 | -€7,323 | -34.3% |
| Trade debts | 44 | €648 | €654 | +€6 | +0.9% |
| Suppliers | 440/4 | €648 | €654 | +€6 | +0.9% |
| Taxes, remuneration and social security | 45 | €20,709 | €13,292 | -€7,417 | -35.8% |
| Taxes | 450/3 | €20,709 | €13,292 | -€7,417 | -35.8% |
| Other amounts payable | 47/48 | €0 | €88 | +€88 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282 | €282 | = | 0.0% |
| Other operating charges | 640/8 | €261 | €691 | +€430 | +164% |
| Gross operating margin | 9900 | €76,593 | €53,370 | -€23,223 | -30.3% |
| Operating profit (loss) | 9901 | €76,049 | €52,396 | -€23,652 | -31.1% |
| Financial income | 75/76B | €717 | €4,926 | +€4,209 | +587% |
| Recurring financial income | 75 | €717 | €4,926 | +€4,209 | +587% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €76,723 | €57,282 | -€19,440 | -25.3% |
| Income taxes | 67/77 | €20,924 | €14,770 | -€6,154 | -29.4% |
| Profit (loss) for the period | 9904 | €55,798 | €42,512 | -€13,286 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,798 | €42,512 | -€13,286 | -23.8% |
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 15 October 2026 via checked.be.