TOGOFILL: what changed
What changed
TOGOFILL
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€148,552
2024 · -€677,720+€826,272
Equity
€12,926
2024 · -€135,626+€148,552
Cash
€170,706
2024 · €34,370+€136,336
Balance sheet total
€4.3m
2024 · €5.2m-€900,122
Largest movements
Assets
- Stocks and contracts -€706,938
down €706,938 (-17.8%), from €4.0m to €3.3m
- Receivables within one year -€324,000
down €324,000 (-31.3%), from €1.0m to €709,571
of which Trade receivables: -€220,924
- Cash +€136,336
up €136,336 (+397%), from €34,370 to €170,706
mainly Stocks and contracts (+€706,938) and Receivables within one year (+€324,000)
Equity and liabilities
- Short-term financial debts -€898,676
down €898,676 (-53.5%), from €1.7m to €781,999
- Other debts +€310,561
up €310,561 (+63.8%), from €486,442 to €797,004
- Trade debts -€244,022
down €244,022 (-28.7%), from €849,411 to €605,389
- Debts after one year -€230,391
down €230,391 (-12.4%), from €1.9m to €1.6m
- Profit (loss) carried forward +€148,552
up €148,552 (+21.9%), from -€677,720 to -€529,169
Income statement
- Turnover +€2.1m
up €2.1m (+84.4%), from €2.5m to €4.6m
- Goods and materials -€1.6m
down €1.6m (-34.4%), from €4.5m to €3.0m
of which Purchases: -€1.8m
- Services and other goods +€154,914
up €154,914 (+149%), from €104,181 to €259,095
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€677,720
Turnover
+€2.1m
Other operating income
-€3,993
Goods and materials
+€1.6m
Services and other goods
-€154,914
Staff costs
-€2,588
Depreciation
+€612
Other operating charges
-€112
Other operating items
-€2.7m
Financial income
+€3,522
Financial charges
-€45,326
Taxes
-€16
Result 2025
€148,552
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.4m
Investment
€0
Financing
-€1.3m
Cash 2024
€34,370
From operations (derived)
+€1.4m
Net result for the year
+€148,552
Depreciation
+€5,394
Stocks and contracts
+€706,938
Receivables within one year
+€324,000
Deferred charges and accrued income
+€126
Trade debts
-€244,022
Tax, wage and social debts
+€136,520
Other debts
+€310,561
Accrued charges and deferred income
+€15,000
Financing
-€1.3m
Debts after one year
-€230,391
Current portion of long-term debt
-€137,667
Short-term financial debts
-€898,676
Cash 2025
€170,706
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,163,824 | €4,263,702 | -€900,122 | -17.4% |
| Fixed assets | 21/28 | €123,033 | €117,638 | -€5,394 | -4.4% |
| Tangible fixed assets | 22/27 | €9,523 | €4,128 | -€5,394 | -56.6% |
| Plant, machinery and equipment | 23 | €1,876 | €1,066 | -€811 | -43.2% |
| Furniture and vehicles | 24 | €1,057 | €474 | -€583 | -55.2% |
| Leasing and similar rights | 25 | €6,589 | €2,589 | -€4,000 | -60.7% |
| Financial fixed assets | 28 | €113,510 | €113,510 | = | 0.0% |
| Affiliated companies | 280/1 | €90,750 | €90,750 | = | 0.0% |
| Participating interests | 280 | €90,750 | €90,750 | = | 0.0% |
| Other financial fixed assets | 284/8 | €22,760 | €22,760 | = | 0.0% |
| Shares | 284 | €2,025 | €2,025 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €20,735 | €20,735 | = | 0.0% |
| Current assets | 29/58 | €5,040,791 | €4,146,064 | -€894,728 | -17.7% |
| Stocks and contracts in progress | 3 | €3,971,452 | €3,264,514 | -€706,938 | -17.8% |
| Stocks | 30/36 | €3,971,452 | €3,264,514 | -€706,938 | -17.8% |
| Finished goods | 33 | €2,937,484 | €1,896,480 | -€1.0m | -35.4% |
| Property held for sale | 35 | €1,033,968 | €1,368,034 | +€334,066 | +32.3% |
| Amounts receivable within one year | 40/41 | €1,033,570 | €709,571 | -€324,000 | -31.3% |
| Trade receivables | 40 | €230,958 | €10,034 | -€220,924 | -95.7% |
| Other amounts receivable | 41 | €802,612 | €699,537 | -€103,075 | -12.8% |
| Cash at bank and in hand | 54/58 | €34,370 | €170,706 | +€136,336 | +397% |
| Deferred charges and accrued income | 490/1 | €1,399 | €1,273 | -€126 | -9.0% |
| Total equity and liabilities | 10/49 | €5,163,824 | €4,263,702 | -€900,122 | -17.4% |
| Equity | 10/15 | -€135,626 | €12,926 | +€148,552 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €442,094 | €442,094 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €432,094 | €432,094 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€677,720 | -€529,169 | +€148,552 | +21.9% |
| Amounts payable | 17/49 | €5,299,450 | €4,250,776 | -€1.0m | -19.8% |
| Amounts payable after more than one year | 17 | €1,862,391 | €1,632,000 | -€230,391 | -12.4% |
| Financial debts | 170/4 | €1,862,391 | €1,632,000 | -€230,391 | -12.4% |
| Leasing and similar obligations | 172 | €2,391 | - | -€2,391 | |
| Other loans | 174 | €1,860,000 | €1,632,000 | -€228,000 | -12.3% |
| Amounts payable within one year | 42/48 | €3,437,059 | €2,603,776 | -€833,283 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €368,062 | €230,395 | -€137,667 | -37.4% |
| Financial debts | 43 | €1,680,676 | €781,999 | -€898,676 | -53.5% |
| Credit institutions | 430/8 | €1,680,676 | €781,999 | -€898,676 | -53.5% |
| Trade debts | 44 | €849,411 | €605,389 | -€244,022 | -28.7% |
| Suppliers | 440/4 | €849,411 | €605,389 | -€244,022 | -28.7% |
| Taxes, remuneration and social security | 45 | €52,468 | €188,989 | +€136,520 | +260% |
| Taxes | 450/3 | €32,266 | €167,488 | +€135,223 | +419% |
| Remuneration and social security | 454/9 | €20,202 | €21,500 | +€1,298 | +6.4% |
| Other amounts payable | 47/48 | €486,442 | €797,004 | +€310,561 | +63.8% |
| Accrued charges and deferred income | 492/3 | - | €15,000 | +€15,000 | |
| Operating income | 70/76A | €4,168,725 | €3,629,634 | -€539,091 | -12.9% |
| Turnover | 70 | €2,520,443 | €4,648,348 | +€2.1m | +84.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,615,349 | -€1,041,004 | -€2.7m | |
| Other operating income | 74 | €26,283 | €22,290 | -€3,993 | -15.2% |
| Non-recurring operating income | 76A | €6,650 | - | -€6,650 | |
| Operating charges | 60/66A | €4,786,977 | €3,379,793 | -€1.4m | -29.4% |
| Goods for resale, raw materials and consumables | 60 | €4,546,136 | €2,981,951 | -€1.6m | -34.4% |
| Purchases | 600/8 | €5,095,680 | €3,316,017 | -€1.8m | -34.9% |
| Change in stocks: decrease (increase) | 609 | -€549,544 | -€334,066 | +€215,479 | +39.2% |
| Services and other goods | 61 | €104,181 | €259,095 | +€154,914 | +149% |
| Remuneration, social security and pensions | 62 | €129,715 | €132,303 | +€2,588 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,006 | €5,394 | -€612 | -10.2% |
| Other operating charges | 640/8 | €938 | €1,050 | +€112 | +11.9% |
| Operating profit (loss) | 9901 | -€618,251 | €249,841 | +€868,092 | |
| Financial income | 75/76B | €22,713 | €26,235 | +€3,522 | +15.5% |
| Recurring financial income | 75 | €22,713 | €26,235 | +€3,522 | +15.5% |
| Income from current assets | 751 | €22,713 | €26,235 | +€3,522 | +15.5% |
| Financial charges | 65/66B | €82,198 | €127,524 | +€45,326 | +55.1% |
| Recurring financial charges | 65 | €82,198 | €127,524 | +€45,326 | +55.1% |
| Debt charges | 650 | €60,244 | €102,470 | +€42,226 | +70.1% |
| Other financial charges | 652/9 | €21,953 | €25,053 | +€3,100 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€677,736 | €148,552 | +€826,288 | |
| Income taxes | 67/77 | -€16 | €0 | +€16 | |
| Taxes | 670/3 | €119 | €160 | +€41 | +34.1% |
| Tax adjustments and reversals of tax provisions | 77 | €135 | €160 | +€25 | +18.4% |
| Profit (loss) for the period | 9904 | -€677,720 | €148,552 | +€826,272 | |
| Profit (loss) for the period to be appropriated | 9905 | -€677,720 | €148,552 | +€826,272 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.