TOITECH: 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.
TOITECH
Largest movements
- Tangible fixed assets +€25,645
up €25,645 (+8,749%), from €293 to €25,938
of which Furniture and vehicles: +€25,831
- Receivables within one year -€24,887
down €24,887 (-11.5%), from €216,691 to €191,804
of which Trade receivables: -€24,282
- Cash -€8,343
down €8,343 (-7.0%), from €119,031 to €110,689
mainly Contributions, distributions and other (-€83,943) and Trade debts (-€76,913)
- Other debts +€80,351
up €80,351 (+284%), from €28,256 to €108,607
- Trade debts -€76,913
down €76,913 (-63.2%), from €121,739 to €44,827
- Reserves -€49,275
down €49,275 (-31.3%), from €157,634 to €108,359
of which Distributable reserves: -€49,275
- Accrued charges and deferred income +€27,391
new in 2025: €27,391
- Debts after one year +€9,626
new in 2025: €9,626
- Gross operating margin -€4,592
down €4,592 (-6.6%), from €69,831 to €65,239
- Depreciation +€4,284
up €4,284 (+585%), from €732 to €5,016
- Financial income +€2,096
up €2,096 (+57.9%), from €3,619 to €5,715
- Taxes -€1,357
down €1,357 (-7.2%), from €18,780 to €17,423
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 | €339,122 | €331,627 | -€7,494 | -2.2% |
| Fixed assets | 21/28 | €293 | €25,938 | +€25,645 | +8,749% |
| Tangible fixed assets | 22/27 | €293 | €25,938 | +€25,645 | +8,749% |
| Plant, machinery and equipment | 23 | €284 | €99 | -€186 | -65.3% |
| Furniture and vehicles | 24 | €9 | €25,839 | +€25,831 | +297,246% |
| Current assets | 29/58 | €338,828 | €305,689 | -€33,139 | -9.8% |
| Amounts receivable within one year | 40/41 | €216,691 | €191,804 | -€24,887 | -11.5% |
| Trade receivables | 40 | €211,923 | €187,641 | -€24,282 | -11.5% |
| Other amounts receivable | 41 | €4,768 | €4,163 | -€605 | -12.7% |
| Cash at bank and in hand | 54/58 | €119,031 | €110,689 | -€8,343 | -7.0% |
| Deferred charges and accrued income | 490/1 | €3,106 | €3,196 | +€90 | +2.9% |
| Total equity and liabilities | 10/49 | €339,122 | €331,627 | -€7,494 | -2.2% |
| Equity | 10/15 | €180,635 | €131,359 | -€49,275 | -27.3% |
| Contributions | 10/11 | €23,000 | €23,000 | = | 0.0% |
| Reserves | 13 | €157,634 | €108,359 | -€49,275 | -31.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €155,774 | €106,499 | -€49,275 | -31.6% |
| Amounts payable | 17/49 | €158,487 | €200,268 | +€41,781 | +26.4% |
| Amounts payable after more than one year | 17 | - | €9,626 | +€9,626 | |
| Financial debts | 170/4 | - | €9,626 | +€9,626 | |
| Amounts payable within one year | 42/48 | €158,487 | €163,251 | +€4,764 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,701 | +€7,701 | |
| Trade debts | 44 | €121,739 | €44,827 | -€76,913 | -63.2% |
| Suppliers | 440/4 | €121,739 | €44,827 | -€76,913 | -63.2% |
| Taxes, remuneration and social security | 45 | €8,492 | €2,116 | -€6,376 | -75.1% |
| Taxes | 450/3 | €6,392 | €1,375 | -€5,016 | -78.5% |
| Remuneration and social security | 454/9 | €2,100 | €741 | -€1,359 | -64.7% |
| Other amounts payable | 47/48 | €28,256 | €108,607 | +€80,351 | +284% |
| Accrued charges and deferred income | 492/3 | - | €27,391 | +€27,391 | |
| Remuneration, social security and pensions | 62 | €11,882 | €12,082 | +€200 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €732 | €5,016 | +€4,284 | +585% |
| Other operating charges | 640/8 | €1,329 | €1,576 | +€247 | +18.6% |
| Gross operating margin | 9900 | €69,831 | €65,239 | -€4,592 | -6.6% |
| Operating profit (loss) | 9901 | €55,888 | €46,566 | -€9,323 | -16.7% |
| Financial income | 75/76B | €3,619 | €5,715 | +€2,096 | +57.9% |
| Recurring financial income | 75 | €3,619 | €5,715 | +€2,096 | +57.9% |
| Financial charges | 65/66B | €177 | €190 | +€13 | +7.4% |
| Recurring financial charges | 65 | €177 | €190 | +€13 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €59,331 | €52,090 | -€7,240 | -12.2% |
| Income taxes | 67/77 | €18,780 | €17,423 | -€1,357 | -7.2% |
| Profit (loss) for the period | 9904 | €40,551 | €34,667 | -€5,883 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,551 | €34,667 | -€5,883 | -14.5% |
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 14 October 2026 via checked.be.