TOI + MOI: 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.
TOI + MOI
Largest movements
- Tangible fixed assets -€48,402
down €48,402 (-46.4%), from €104,302 to €55,900
of which Furniture and vehicles: -€34,827
- Receivables within one year +€7,208
new in 2025: €7,208
- Cash -€5,472
down €5,472 (-24.5%), from €22,294 to €16,822
mainly Debts after one year (-€58,776) and Net result for the year (-€22,457)
- Debts after one year -€58,776
no longer reported in 2025 (was €58,776)
- Other debts +€32,407
up €32,407 (+28.1%), from €115,492 to €147,899
- Profit (loss) carried forward -€22,457
down €22,457 (-44.5%), from -€50,416 to -€72,874
- Tax, wage and social debts +€2,002
up €2,002 (+59.3%), from €3,378 to €5,380
of which Remuneration and social security: +€2,920
- Trade debts +€1,453
up €1,453 (+397%), from €367 to €1,820
- Gross operating margin -€13,378
down €13,378 (-21.5%), from €62,227 to €48,849
- Staff costs +€11,902
up €11,902 (+84.6%), from €14,067 to €25,968
- Other operating charges +€4,308
up €4,308 (+4,496%), from €96 to €4,404
- Depreciation -€1,176
down €1,176 (-7.9%), from €14,866 to €13,690
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 | €129,596 | €84,225 | -€45,371 | -35.0% |
| Fixed assets | 21/28 | €104,302 | €55,900 | -€48,402 | -46.4% |
| Tangible fixed assets | 22/27 | €104,302 | €55,900 | -€48,402 | -46.4% |
| Land and buildings | 22 | €33,031 | €29,145 | -€3,886 | -11.8% |
| Plant, machinery and equipment | 23 | €35,911 | €26,221 | -€9,689 | -27.0% |
| Furniture and vehicles | 24 | €35,360 | €533 | -€34,827 | -98.5% |
| Current assets | 29/58 | €25,294 | €28,325 | +€3,031 | +12.0% |
| Stocks and contracts in progress | 3 | €3,000 | €4,000 | +€1,000 | +33.3% |
| Stocks | 30/36 | €3,000 | €4,000 | +€1,000 | +33.3% |
| Amounts receivable within one year | 40/41 | - | €7,208 | +€7,208 | |
| Trade receivables | 40 | - | €7,208 | +€7,208 | |
| Cash at bank and in hand | 54/58 | €22,294 | €16,822 | -€5,472 | -24.5% |
| Deferred charges and accrued income | 490/1 | - | €294 | +€294 | |
| Total equity and liabilities | 10/49 | €129,596 | €84,225 | -€45,371 | -35.0% |
| Equity | 10/15 | -€48,416 | -€70,874 | -€22,457 | -46.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,416 | -€72,874 | -€22,457 | -44.5% |
| Amounts payable | 17/49 | €178,012 | €155,099 | -€22,913 | -12.9% |
| Amounts payable after more than one year | 17 | €58,776 | - | -€58,776 | |
| Financial debts | 170/4 | €58,776 | - | -€58,776 | |
| Amounts payable within one year | 42/48 | €119,236 | €155,099 | +€35,862 | +30.1% |
| Trade debts | 44 | €367 | €1,820 | +€1,453 | +397% |
| Suppliers | 440/4 | €367 | €1,820 | +€1,453 | +397% |
| Taxes, remuneration and social security | 45 | €3,378 | €5,380 | +€2,002 | +59.3% |
| Taxes | 450/3 | €3,002 | €2,084 | -€918 | -30.6% |
| Remuneration and social security | 454/9 | €376 | €3,296 | +€2,920 | +777% |
| Other amounts payable | 47/48 | €115,492 | €147,899 | +€32,407 | +28.1% |
| Remuneration, social security and pensions | 62 | €14,067 | €25,968 | +€11,902 | +84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,866 | €13,690 | -€1,176 | -7.9% |
| Other operating charges | 640/8 | €96 | €4,404 | +€4,308 | +4,496% |
| Non-recurring operating charges | 66A | - | €25,360 | +€25,360 | |
| Gross operating margin | 9900 | €62,227 | €48,849 | -€13,378 | -21.5% |
| Operating profit (loss) | 9901 | €33,198 | -€20,573 | -€53,772 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,887 | €1,887 | -€0 | 0.0% |
| Recurring financial charges | 65 | €1,887 | €1,887 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €31,311 | -€22,457 | -€53,768 | |
| Profit (loss) for the period | 9904 | €31,311 | -€22,457 | -€53,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,311 | -€22,457 | -€53,768 |
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 17 October 2026 via checked.be.