TOG@'S: 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.
TOG@'S
Largest movements
- Receivables within one year +€55,373
up €55,373 (+930.9%), from €5,949 to €61,322
of which Other amounts receivable: +€35,969
- Cash -€5,047
down €5,047 (-6.3%), from €79,607 to €74,560
mainly Other debts (-€59,201) and Receivables within one year (-€55,373)
- Tangible fixed assets -€1,780
down €1,780 (-23.1%), from €7,711 to €5,931
of which Furniture and vehicles: -€1,110
- Profit (loss) carried forward +€103,364
up €103,364 (+54077.8%), from €191 to €103,555
- Other debts -€59,201
down €59,201 (-100.0%), from €59,201 to €0
- Tax, wage and social debts +€7,831
up €7,831 (+114.0%), from €6,867 to €14,698
of which Taxes: +€7,831
- Trade debts -€3,149
down €3,149 (-45.6%), from €6,914 to €3,764
- Gross operating margin +€58,332
up €58,332 (+72.1%), from €80,927 to €139,259
- Taxes +€14,140
up €14,140 (+89.8%), from €15,742 to €29,883
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 | €94,396 | €143,806 | +€49,410 | +52.3% |
| Fixed assets | 21/28 | €7,711 | €5,931 | -€1,780 | -23.1% |
| Tangible fixed assets | 22/27 | €7,711 | €5,931 | -€1,780 | -23.1% |
| Land and buildings | 22 | €3,844 | €3,175 | -€670 | -17.4% |
| Furniture and vehicles | 24 | €3,866 | €2,756 | -€1,110 | -28.7% |
| Current assets | 29/58 | €86,685 | €137,875 | +€51,190 | +59.1% |
| Amounts receivable within one year | 40/41 | €5,949 | €61,322 | +€55,373 | +930.9% |
| Trade receivables | 40 | €4,106 | €23,511 | +€19,405 | +472.6% |
| Other amounts receivable | 41 | €1,842 | €37,811 | +€35,969 | +1952.6% |
| Cash at bank and in hand | 54/58 | €79,607 | €74,560 | -€5,047 | -6.3% |
| Deferred charges and accrued income | 490/1 | €1,130 | €1,994 | +€864 | +76.5% |
| Total equity and liabilities | 10/49 | €94,396 | €143,806 | +€49,410 | +52.3% |
| Equity | 10/15 | €20,651 | €124,015 | +€103,364 | +500.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191 | €103,555 | +€103,364 | +54077.8% |
| Amounts payable | 17/49 | €73,745 | €19,791 | -€53,954 | -73.2% |
| Amounts payable within one year | 42/48 | €72,981 | €18,463 | -€54,519 | -74.7% |
| Trade debts | 44 | €6,914 | €3,764 | -€3,149 | -45.6% |
| Suppliers | 440/4 | €6,914 | €3,764 | -€3,149 | -45.6% |
| Taxes, remuneration and social security | 45 | €6,867 | €14,698 | +€7,831 | +114.0% |
| Taxes | 450/3 | €6,867 | €14,698 | +€7,831 | +114.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €59,201 | €0 | -€59,201 | -100.0% |
| Accrued charges and deferred income | 492/3 | €763 | €1,328 | +€565 | +74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,421 | €1,780 | +€359 | +25.2% |
| Other operating charges | 640/8 | €1,820 | €1,574 | -€246 | -13.5% |
| Gross operating margin | 9900 | €80,927 | €139,259 | +€58,332 | +72.1% |
| Operating profit (loss) | 9901 | €77,686 | €135,905 | +€58,219 | +74.9% |
| Financial income | 75/76B | €235 | €708 | +€473 | +200.9% |
| Recurring financial income | 75 | €235 | €708 | +€473 | +200.9% |
| Financial charges | 65/66B | €4,074 | €3,367 | -€707 | -17.4% |
| Recurring financial charges | 65 | €4,074 | €3,367 | -€707 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €73,848 | €133,247 | +€59,399 | +80.4% |
| Income taxes | 67/77 | €15,742 | €29,883 | +€14,140 | +89.8% |
| Profit (loss) for the period | 9904 | €58,105 | €103,364 | +€45,259 | +77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €58,105 | €103,364 | +€45,259 | +77.9% |
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.