ToGo: 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.
ToGo
Largest movements
- Tangible fixed assets -€12,427
down €12,427 (-4.0%), from €311,442 to €299,015
of which Land and buildings: -€9,235
- Cash +€11,651
up €11,651 (+38.0%), from €30,626 to €42,277
mainly Other debts (+€116,278) and Net result for the year (+€29,386)
- Profit (loss) carried forward -€119,010
down €119,010 (-100%), from €119,010 to €0
- Other debts +€116,278
up €116,278 (+12,225%), from €951 to €117,229
- Tax, wage and social debts +€14,908
up €14,908 (+104%), from €14,389 to €29,297
- Debts after one year -€8,251
down €8,251 (-3.9%), from €209,689 to €201,438
- Current portion of long-term debt -€5,154
down €5,154 (-38.4%), from €13,405 to €8,251
- Gross operating margin -€15,137
down €15,137 (-19.6%), from €77,409 to €62,273
- Taxes -€2,688
down €2,688 (-24.4%), from €11,009 to €8,321
- Depreciation -€990
down €990 (-7.4%), from €13,417 to €12,427
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 | €360,077 | €358,309 | -€1,768 | -0.5% |
| Fixed assets | 21/28 | €311,442 | €299,015 | -€12,427 | -4.0% |
| Tangible fixed assets | 22/27 | €311,442 | €299,015 | -€12,427 | -4.0% |
| Land and buildings | 22 | €306,568 | €297,333 | -€9,235 | -3.0% |
| Plant, machinery and equipment | 23 | €3,186 | €1,682 | -€1,504 | -47.2% |
| Furniture and vehicles | 24 | €1,688 | €0 | -€1,688 | -100.0% |
| Current assets | 29/58 | €48,636 | €59,294 | +€10,659 | +21.9% |
| Amounts receivable within one year | 40/41 | €17,039 | €17,017 | -€21 | -0.1% |
| Trade receivables | 40 | €16,250 | €14,339 | -€1,912 | -11.8% |
| Other amounts receivable | 41 | €789 | €2,679 | +€1,890 | +240% |
| Cash at bank and in hand | 54/58 | €30,626 | €42,277 | +€11,651 | +38.0% |
| Deferred charges and accrued income | 490/1 | €971 | €0 | -€971 | -100% |
| Total equity and liabilities | 10/49 | €360,077 | €358,309 | -€1,768 | -0.5% |
| Equity | 10/15 | €120,010 | €1,000 | -€119,010 | -99.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,010 | €0 | -€119,010 | -100% |
| Amounts payable | 17/49 | €240,068 | €357,309 | +€117,241 | +48.8% |
| Amounts payable after more than one year | 17 | €209,689 | €201,438 | -€8,251 | -3.9% |
| Financial debts | 170/4 | €209,689 | €201,438 | -€8,251 | -3.9% |
| Amounts payable within one year | 42/48 | €30,379 | €155,871 | +€125,493 | +413% |
| Current portion of amounts payable after more than one year | 42 | €13,405 | €8,251 | -€5,154 | -38.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,633 | €1,094 | -€539 | -33.0% |
| Suppliers | 440/4 | €1,633 | €1,094 | -€539 | -33.0% |
| Taxes, remuneration and social security | 45 | €14,389 | €29,297 | +€14,908 | +104% |
| Taxes | 450/3 | €14,389 | €29,297 | +€14,908 | +104% |
| Other amounts payable | 47/48 | €951 | €117,229 | +€116,278 | +12,225% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,417 | €12,427 | -€990 | -7.4% |
| Other operating charges | 640/8 | €245 | €809 | +€564 | +230% |
| Gross operating margin | 9900 | €77,409 | €62,273 | -€15,137 | -19.6% |
| Operating profit (loss) | 9901 | €63,747 | €49,037 | -€14,710 | -23.1% |
| Financial income | 75/76B | €0 | €43 | +€43 | +431,900% |
| Recurring financial income | 75 | €0 | €43 | +€43 | +431,900% |
| Financial charges | 65/66B | €11,863 | €11,373 | -€490 | -4.1% |
| Recurring financial charges | 65 | €11,863 | €11,373 | -€490 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €51,884 | €37,708 | -€14,177 | -27.3% |
| Income taxes | 67/77 | €11,009 | €8,321 | -€2,688 | -24.4% |
| Profit (loss) for the period | 9904 | €40,875 | €29,386 | -€11,489 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,875 | €29,386 | -€11,489 | -28.1% |
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 13 October 2026 via checked.be.