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
- Tangible fixed assets +€47,881
up €47,881 (+356%), from €13,455 to €61,336
- Cash -€22,661
down €22,661 (-7.9%), from €285,626 to €262,965
mainly Contributions, distributions and other (-€62,321) and Investment in fixed assets (net) (-€59,901)
- Receivables within one year +€12,638
up €12,638 (+89.9%), from €14,057 to €26,695
of which Other amounts receivable: +€9,945
- Other debts +€64,367
up €64,367 (+561%), from €11,476 to €75,843
- Reserves -€31,466
down €31,466 (-12.0%), from €262,789 to €231,323
- Trade debts +€12,661
up €12,661 (+130%), from €9,744 to €22,406
- Tax, wage and social debts -€5,685
down €5,685 (-24.5%), from €23,164 to €17,479
- Gross operating margin -€132,114
down €132,114 (-70.4%), from €187,671 to €55,557
- Taxes -€44,974
down €44,974 (-76.8%), from €58,582 to €13,608
- Depreciation +€6,926
up €6,926 (+136%), from €5,095 to €12,020
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 | €321,433 | €359,451 | +€38,018 | +11.8% |
| Fixed assets | 21/28 | €13,455 | €61,336 | +€47,881 | +356% |
| Tangible fixed assets | 22/27 | €13,455 | €61,336 | +€47,881 | +356% |
| Furniture and vehicles | 24 | €13,455 | €61,336 | +€47,881 | +356% |
| Current assets | 29/58 | €307,978 | €298,115 | -€9,863 | -3.2% |
| Stocks and contracts in progress | 3 | €6,600 | €5,154 | -€1,446 | -21.9% |
| Stocks | 30/36 | €6,600 | €5,154 | -€1,446 | -21.9% |
| Amounts receivable within one year | 40/41 | €14,057 | €26,695 | +€12,638 | +89.9% |
| Trade receivables | 40 | €14,057 | €16,750 | +€2,693 | +19.2% |
| Other amounts receivable | 41 | - | €9,945 | +€9,945 | |
| Cash at bank and in hand | 54/58 | €285,626 | €262,965 | -€22,661 | -7.9% |
| Deferred charges and accrued income | 490/1 | €1,695 | €3,301 | +€1,606 | +94.7% |
| Total equity and liabilities | 10/49 | €321,433 | €359,451 | +€38,018 | +11.8% |
| Equity | 10/15 | €277,049 | €243,723 | -€33,326 | -12.0% |
| Contributions | 10/11 | €14,260 | €12,400 | -€1,860 | -13.0% |
| Reserves | 13 | €262,789 | €231,323 | -€31,466 | -12.0% |
| Distributable reserves | 133 | €262,789 | €231,323 | -€31,466 | -12.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €44,384 | €115,727 | +€71,343 | +161% |
| Amounts payable within one year | 42/48 | €44,384 | €115,727 | +€71,343 | +161% |
| Trade debts | 44 | €9,744 | €22,406 | +€12,661 | +130% |
| Suppliers | 440/4 | €9,744 | €22,406 | +€12,661 | +130% |
| Taxes, remuneration and social security | 45 | €23,164 | €17,479 | -€5,685 | -24.5% |
| Taxes | 450/3 | €23,164 | €17,479 | -€5,685 | -24.5% |
| Other amounts payable | 47/48 | €11,476 | €75,843 | +€64,367 | +561% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,095 | €12,020 | +€6,926 | +136% |
| Other operating charges | 640/8 | €649 | €791 | +€142 | +21.9% |
| Gross operating margin | 9900 | €187,671 | €55,557 | -€132,114 | -70.4% |
| Operating profit (loss) | 9901 | €181,928 | €42,746 | -€139,182 | -76.5% |
| Financial income | 75/76B | €10 | €167 | +€157 | +1,569% |
| Recurring financial income | 75 | €10 | €167 | +€157 | +1,569% |
| Financial charges | 65/66B | €294 | €310 | +€16 | +5.3% |
| Recurring financial charges | 65 | €294 | €310 | +€16 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €181,644 | €42,603 | -€139,041 | -76.5% |
| Income taxes | 67/77 | €58,582 | €13,608 | -€44,974 | -76.8% |
| Profit (loss) for the period | 9904 | €123,062 | €28,995 | -€94,067 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €123,062 | €28,995 | -€94,067 | -76.4% |
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 21 October 2026 via checked.be.