TOHFA: 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.
TOHFA
Largest movements
- Cash +€8,953
up €8,953 (+611%), from €1,466 to €10,419
mainly Trade debts (+€4,995) and Net result for the year (+€2,499)
- Stocks and contracts -€560
down €560 (-44.8%), from €1,251 to €691
- Receivables within one year -€459
down €459 (-18.7%), from €2,455 to €1,996
- Trade debts +€4,995
up €4,995 (+178%), from €2,803 to €7,798
- Profit (loss) carried forward +€2,499
up €2,499 (+30.9%), from -€8,081 to -€5,581
- Tax, wage and social debts +€439
up €439 (+10.3%), from €4,249 to €4,688
- Purchases and services +€14,306
up €14,306 (+38.9%), from €36,784 to €51,090
- Gross operating margin -€8,918
down €8,918 (-61.5%), from €14,504 to €5,586
- Turnover +€5,388
up €5,388 (+10.5%), from €51,288 to €56,676
- Financial charges +€1,346
up €1,346 (+2,283%), from €59 to €1,405
of which Financial charges: +€768
- Taxes -€946
no longer reported in 2024 (was €946)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,171 | €13,105 | +€7,934 | +153% |
| Current assets | 29/58 | €5,171 | €13,105 | +€7,934 | +153% |
| Stocks and contracts in progress | 3 | €1,251 | €691 | -€560 | -44.8% |
| Stocks | 30/36 | €1,251 | €691 | -€560 | -44.8% |
| Amounts receivable within one year | 40/41 | €2,455 | €1,996 | -€459 | -18.7% |
| Other amounts receivable | 41 | €2,455 | €1,996 | -€459 | -18.7% |
| Cash at bank and in hand | 54/58 | €1,466 | €10,419 | +€8,953 | +611% |
| Total equity and liabilities | 10/49 | €5,171 | €13,105 | +€7,934 | +153% |
| Equity | 10/15 | -€1,881 | €619 | +€2,499 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,081 | -€5,581 | +€2,499 | +30.9% |
| Amounts payable | 17/49 | €7,052 | €12,486 | +€5,435 | +77.1% |
| Amounts payable within one year | 42/48 | €7,052 | €12,486 | +€5,435 | +77.1% |
| Trade debts | 44 | €2,803 | €7,798 | +€4,995 | +178% |
| Suppliers | 440/4 | €2,803 | €7,798 | +€4,995 | +178% |
| Taxes, remuneration and social security | 45 | €4,249 | €4,688 | +€439 | +10.3% |
| Taxes | 450/3 | €4,249 | €4,688 | +€439 | +10.3% |
| Turnover | 70 | €51,288 | €56,676 | +€5,388 | +10.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,784 | €51,090 | +€14,306 | +38.9% |
| Other operating charges | 640/8 | €1,469 | €1,682 | +€213 | +14.5% |
| Gross operating margin | 9900 | €14,504 | €5,586 | -€8,918 | -61.5% |
| Operating profit (loss) | 9901 | €13,035 | €3,904 | -€9,132 | -70.1% |
| Financial charges | 65/66B | €59 | €1,405 | +€1,346 | +2,283% |
| Recurring financial charges | 65 | €59 | €827 | +€768 | +1,312% |
| Non-recurring financial charges | 66B | €0 | €578 | +€577 | +144,280% |
| Profit (loss) for the period before taxes | 9903 | €12,976 | €2,499 | -€10,477 | -80.7% |
| Income taxes | 67/77 | €946 | - | -€946 | |
| Profit (loss) for the period | 9904 | €12,031 | €2,499 | -€9,532 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,031 | €2,499 | -€9,532 | -79.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.