TOGOBAN: 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.
TOGOBAN
Largest movements
- Deferred charges and accrued income -€13,876
no longer reported in 2025 (was €13,876)
- Tangible fixed assets +€7,942
up €7,942 (+85.6%), from €9,276 to €17,218
of which Other tangible fixed assets: +€8,866
- Cash -€6,708
down €6,708 (-17.8%), from €37,592 to €30,884
mainly Net result for the year (-€12,758) and Investment in fixed assets (net) (-€10,962)
- Receivables within one year -€2,195
down €2,195 (-2.8%), from €78,523 to €76,328
of which Trade receivables: -€2,214
- Tax, wage and social debts +€15,355
up €15,355 (+52.3%), from €29,373 to €44,728
of which Remuneration and social security: +€8,043
- Profit (loss) carried forward -€12,758
down €12,758 (-19.6%), from -€65,244 to -€78,001
- Trade debts -€6,812
down €6,812 (-6.9%), from €98,937 to €92,125
- Debts after one year -€5,784
no longer reported in 2025 (was €5,784)
- Current portion of long-term debt -€4,006
down €4,006 (-40.9%), from €9,790 to €5,784
- Purchases and services -€64,718
down €64,718 (-19.5%), from €331,595 to €266,878
- Turnover -€48,847
down €48,847 (-8.6%), from €570,512 to €521,665
- Staff costs +€18,172
up €18,172 (+8.6%), from €210,488 to €228,660
- Gross operating margin +€15,870
up €15,870 (+6.6%), from €238,917 to €254,787
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 | €143,298 | €129,294 | -€14,004 | -9.8% |
| Fixed assets | 21/28 | €9,476 | €17,418 | +€7,942 | +83.8% |
| Tangible fixed assets | 22/27 | €9,276 | €17,218 | +€7,942 | +85.6% |
| Plant, machinery and equipment | 23 | €1,276 | €352 | -€924 | -72.4% |
| Other tangible fixed assets | 26 | €8,000 | €16,866 | +€8,866 | +111% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €133,822 | €111,876 | -€21,946 | -16.4% |
| Stocks and contracts in progress | 3 | €3,832 | €4,664 | +€832 | +21.7% |
| Stocks | 30/36 | €3,832 | €4,664 | +€832 | +21.7% |
| Amounts receivable within one year | 40/41 | €78,523 | €76,328 | -€2,195 | -2.8% |
| Trade receivables | 40 | €45,564 | €43,350 | -€2,214 | -4.9% |
| Other amounts receivable | 41 | €32,959 | €32,978 | +€19 | +0.1% |
| Cash at bank and in hand | 54/58 | €37,592 | €30,884 | -€6,708 | -17.8% |
| Deferred charges and accrued income | 490/1 | €13,876 | - | -€13,876 | |
| Total equity and liabilities | 10/49 | €143,298 | €129,294 | -€14,004 | -9.8% |
| Equity | 10/15 | -€585 | -€13,343 | -€12,758 | -2,180% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €9,658 | €9,658 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,658 | €9,658 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,244 | -€78,001 | -€12,758 | -19.6% |
| Amounts payable | 17/49 | €143,883 | €142,637 | -€1,247 | -0.9% |
| Amounts payable after more than one year | 17 | €5,784 | - | -€5,784 | |
| Financial debts | 170/4 | €5,784 | - | -€5,784 | |
| Amounts payable within one year | 42/48 | €138,099 | €142,637 | +€4,537 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €9,790 | €5,784 | -€4,006 | -40.9% |
| Trade debts | 44 | €98,937 | €92,125 | -€6,812 | -6.9% |
| Suppliers | 440/4 | €98,937 | €92,125 | -€6,812 | -6.9% |
| Taxes, remuneration and social security | 45 | €29,373 | €44,728 | +€15,355 | +52.3% |
| Taxes | 450/3 | €6,757 | €14,069 | +€7,312 | +108% |
| Remuneration and social security | 454/9 | €22,616 | €30,659 | +€8,043 | +35.6% |
| Turnover | 70 | €570,512 | €521,665 | -€48,847 | -8.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €331,595 | €266,878 | -€64,718 | -19.5% |
| Remuneration, social security and pensions | 62 | €210,488 | €228,660 | +€18,172 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,933 | €3,020 | +€1,087 | +56.3% |
| Other operating charges | 640/8 | €15,701 | €17,420 | +€1,719 | +10.9% |
| Non-recurring operating charges | 66A | €1,500 | €8,126 | +€6,626 | +442% |
| Gross operating margin | 9900 | €238,917 | €254,787 | +€15,870 | +6.6% |
| Operating profit (loss) | 9901 | €9,295 | -€2,439 | -€11,734 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -13.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -13.5% |
| Financial charges | 65/66B | €6,179 | €6,123 | -€55 | -0.9% |
| Recurring financial charges | 65 | €6,179 | €6,123 | -€55 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €3,117 | -€8,561 | -€11,678 | |
| Income taxes | 67/77 | €1,007 | €4,196 | +€3,189 | +317% |
| Profit (loss) for the period | 9904 | €2,110 | -€12,758 | -€14,868 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,110 | -€12,758 | -€14,868 |
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.