TOGETEC: 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.
TOGETEC
Largest movements
- Cash -€11,221
down €11,221 (-21.9%), from €51,235 to €40,013
mainly Contributions, distributions and other (-€50,554) and Other debts (-€9,273)
- Receivables within one year +€2,244
up €2,244 (+5.7%), from €39,319 to €41,564
of which Trade receivables: +€2,439
- Other debts -€9,273
down €9,273 (-15.5%), from €59,826 to €50,554
- Depreciation -€1,174
down €1,174 (-61.8%), from €1,900 to €726
- Gross operating margin -€766
down €766 (-1.2%), from €66,607 to €65,841
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 | €91,919 | €83,367 | -€8,552 | -9.3% |
| Fixed assets | 21/28 | €970 | €1,069 | +€99 | +10.3% |
| Tangible fixed assets | 22/27 | €970 | €1,069 | +€99 | +10.3% |
| Plant, machinery and equipment | 23 | €7 | €0 | -€7 | -100.0% |
| Furniture and vehicles | 24 | €963 | €1,069 | +€107 | +11.1% |
| Current assets | 29/58 | €90,949 | €82,298 | -€8,651 | -9.5% |
| Amounts receivable within one year | 40/41 | €39,319 | €41,564 | +€2,244 | +5.7% |
| Trade receivables | 40 | €38,496 | €40,935 | +€2,439 | +6.3% |
| Other amounts receivable | 41 | €823 | €628 | -€195 | -23.7% |
| Cash at bank and in hand | 54/58 | €51,235 | €40,013 | -€11,221 | -21.9% |
| Deferred charges and accrued income | 490/1 | €395 | €721 | +€326 | +82.4% |
| Total equity and liabilities | 10/49 | €91,919 | €83,367 | -€8,552 | -9.3% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €71,459 | €62,907 | -€8,552 | -12.0% |
| Amounts payable within one year | 42/48 | €71,459 | €62,907 | -€8,552 | -12.0% |
| Trade debts | 44 | €73 | €534 | +€462 | +635.8% |
| Suppliers | 440/4 | €73 | €534 | +€462 | +635.8% |
| Taxes, remuneration and social security | 45 | €11,560 | €11,819 | +€259 | +2.2% |
| Taxes | 450/3 | €11,560 | €11,819 | +€259 | +2.2% |
| Other amounts payable | 47/48 | €59,826 | €50,554 | -€9,273 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,900 | €726 | -€1,174 | -61.8% |
| Other operating charges | 640/8 | €1,268 | €931 | -€337 | -26.6% |
| Gross operating margin | 9900 | €66,607 | €65,841 | -€766 | -1.2% |
| Operating profit (loss) | 9901 | €63,439 | €64,184 | +€745 | +1.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €190 | €150 | -€40 | -21.0% |
| Recurring financial charges | 65 | €190 | €150 | -€40 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €63,249 | €64,034 | +€785 | +1.2% |
| Income taxes | 67/77 | €13,423 | €13,480 | +€57 | +0.4% |
| Profit (loss) for the period | 9904 | €49,826 | €50,554 | +€727 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,826 | €50,554 | +€727 | +1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.