TOK TRANS: 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.
TOK TRANS
Largest movements
- Tangible fixed assets +€15,200
new in 2025: €15,200
- Cash +€12,196
up €12,196 (+365%), from €3,345 to €15,541
mainly Net result for the year (+€19,217) and Debts after one year (+€13,912)
- Profit (loss) carried forward +€19,217
up €19,217 (+330%), from €5,819 to €25,036
- Debts after one year +€13,912
new in 2025: €13,912
- Other debts -€5,309
no longer reported in 2025 (was €5,309)
- Trade debts -€4,307
down €4,307 (-59.3%), from €7,264 to €2,957
- Current portion of long-term debt +€4,097
new in 2025: €4,097
- Gross operating margin +€46,303
up €46,303 (+238%), from €19,441 to €65,744
- Staff costs +€24,500
new in 2025: €24,500
- Depreciation +€7,600
new in 2025: €7,600
- Other operating charges -€1,664
down €1,664 (-12.6%), from €13,170 to €11,506
- Taxes +€1,427
new in 2025: €1,427
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 | €38,392 | €66,002 | +€27,610 | +71.9% |
| Fixed assets | 21/28 | €9,000 | €24,200 | +€15,200 | +169% |
| Tangible fixed assets | 22/27 | - | €15,200 | +€15,200 | |
| Furniture and vehicles | 24 | - | €15,200 | +€15,200 | |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €29,392 | €41,802 | +€12,410 | +42.2% |
| Amounts receivable within one year | 40/41 | €26,047 | €26,261 | +€214 | +0.8% |
| Trade receivables | 40 | €22,173 | €10,769 | -€11,404 | -51.4% |
| Other amounts receivable | 41 | €3,874 | €15,492 | +€11,618 | +300% |
| Cash at bank and in hand | 54/58 | €3,345 | €15,541 | +€12,196 | +365% |
| Total equity and liabilities | 10/49 | €38,392 | €66,002 | +€27,610 | +71.9% |
| Equity | 10/15 | €25,819 | €45,036 | +€19,217 | +74.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,819 | €25,036 | +€19,217 | +330% |
| Amounts payable | 17/49 | €12,573 | €20,966 | +€8,393 | +66.8% |
| Amounts payable after more than one year | 17 | - | €13,912 | +€13,912 | |
| Financial debts | 170/4 | - | €13,912 | +€13,912 | |
| Amounts payable within one year | 42/48 | €12,573 | €7,054 | -€5,519 | -43.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,097 | +€4,097 | |
| Trade debts | 44 | €7,264 | €2,957 | -€4,307 | -59.3% |
| Suppliers | 440/4 | €7,264 | €2,957 | -€4,307 | -59.3% |
| Other amounts payable | 47/48 | €5,309 | - | -€5,309 | |
| Remuneration, social security and pensions | 62 | - | €24,500 | +€24,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,600 | +€7,600 | |
| Other operating charges | 640/8 | €13,170 | €11,506 | -€1,664 | -12.6% |
| Gross operating margin | 9900 | €19,441 | €65,744 | +€46,303 | +238% |
| Operating profit (loss) | 9901 | €6,271 | €22,139 | +€15,867 | +253% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €452 | €1,496 | +€1,043 | +231% |
| Recurring financial charges | 65 | €452 | €1,496 | +€1,043 | +231% |
| Profit (loss) for the period before taxes | 9903 | €5,819 | €20,644 | +€14,825 | +255% |
| Income taxes | 67/77 | - | €1,427 | +€1,427 | |
| Profit (loss) for the period | 9904 | €5,819 | €19,217 | +€13,398 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €5,819 | €19,217 | +€13,398 | +230% |
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 20 October 2026 via checked.be.