TOKAL INC: 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.
TOKAL INC
Largest movements
- Receivables within one year -€93,224
no longer reported in 2025 (was €93,224)
- Cash -€33,410
down €33,410 (-62.5%), from €53,442 to €20,032
- Trade debts -€66,357
down €66,357 (-96.4%), from €68,819 to €2,462
- Profit (loss) carried forward -€42,612
down €42,612 (-77.0%), from €55,343 to €12,731
- Tax, wage and social debts -€13,549
no longer reported in 2025 (was €13,549)
- Other debts -€9,377
no longer reported in 2025 (was €9,377)
- Debts after one year +€5,570
new in 2025: €5,570
- Gross operating margin -€57,253
down €57,253, from €9,312 to -€47,941
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,188 | €20,863 | -€126,325 | -85.8% |
| Fixed assets | 21/28 | €522 | €831 | +€309 | +59.2% |
| Tangible fixed assets | 22/27 | €522 | €831 | +€309 | +59.2% |
| Furniture and vehicles | 24 | €522 | €831 | +€309 | +59.2% |
| Current assets | 29/58 | €146,666 | €20,032 | -€126,634 | -86.3% |
| Amounts receivable within one year | 40/41 | €93,224 | - | -€93,224 | |
| Trade receivables | 40 | €93,224 | - | -€93,224 | |
| Cash at bank and in hand | 54/58 | €53,442 | €20,032 | -€33,410 | -62.5% |
| Total equity and liabilities | 10/49 | €147,188 | €20,863 | -€126,325 | -85.8% |
| Equity | 10/15 | €55,443 | €12,831 | -€42,612 | -76.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,343 | €12,731 | -€42,612 | -77.0% |
| Amounts payable | 17/49 | €91,745 | €8,032 | -€83,713 | -91.2% |
| Amounts payable after more than one year | 17 | - | €5,570 | +€5,570 | |
| Financial debts | 170/4 | - | €5,570 | +€5,570 | |
| Amounts payable within one year | 42/48 | €91,745 | €2,462 | -€89,283 | -97.3% |
| Trade debts | 44 | €68,819 | €2,462 | -€66,357 | -96.4% |
| Suppliers | 440/4 | €68,819 | €2,462 | -€66,357 | -96.4% |
| Taxes, remuneration and social security | 45 | €13,549 | - | -€13,549 | |
| Taxes | 450/3 | €13,549 | - | -€13,549 | |
| Other amounts payable | 47/48 | €9,377 | - | -€9,377 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380 | €839 | +€459 | +121% |
| Other operating charges | 640/8 | - | €459 | +€459 | |
| Gross operating margin | 9900 | €9,312 | -€47,941 | -€57,253 | |
| Operating profit (loss) | 9901 | €8,932 | -€49,239 | -€58,171 | |
| Financial charges | 65/66B | €95 | €140 | +€45 | +47.4% |
| Recurring financial charges | 65 | €95 | €140 | +€45 | +47.4% |
| Profit (loss) for the period before taxes | 9903 | €8,837 | -€49,379 | -€58,216 | |
| Profit (loss) for the period | 9904 | €8,837 | -€49,379 | -€58,216 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,837 | -€49,379 | -€58,216 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.