TOKCEL SOLUTIONS: what changed
Two fiscal 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.
TOKCEL SOLUTIONS
Largest movements
- Receivables within one year +€311,635
up €311,635 (+140.9%), from €221,243 to €532,878
of which Other amounts receivable: +€193,085
- Tangible fixed assets +€251,351
up €251,351 (+177.2%), from €141,879 to €393,230
of which Furniture and vehicles: +€226,200
- Cash +€53,525
up €53,525 (+6433.4%), from €832 to €54,357
mainly Net result for the year (+€407,109) and Tax, wage and social debts (+€205,469)
- Stocks and contracts +€22,795
new in 2024: €22,795
- Profit (loss) carried forward +€407,109
up €407,109 (+225.1%), from €180,896 to €588,005
- Tax, wage and social debts +€205,469
up €205,469 (+409.7%), from €50,150 to €255,619
of which Taxes: +€165,654
- Trade debts +€94,457
up €94,457 (+245.0%), from €38,551 to €133,007
- Other debts -€51,486
no longer reported in 2024 (was €51,486)
- Debts after one year -€16,243
down €16,243 (-90.9%), from €17,872 to €1,629
- Gross operating margin +€867,127
up €867,127, from -€27,606 to €839,521
- Staff costs +€238,072
up €238,072 (+1254.2%), from €18,982 to €257,054
- Taxes +€132,294
new in 2024: €132,294
- Financial charges +€19,319
up €19,319 (+582.9%), from €3,315 to €22,633
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.
Cash bridge derived
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 | €363,955 | €1,003,260 | +€639,306 | +175.7% |
| Fixed assets | 21/28 | €141,879 | €393,230 | +€251,351 | +177.2% |
| Tangible fixed assets | 22/27 | €141,879 | €393,230 | +€251,351 | +177.2% |
| Plant, machinery and equipment | 23 | €90,158 | €115,308 | +€25,151 | +27.9% |
| Furniture and vehicles | 24 | €51,722 | €277,922 | +€226,200 | +437.3% |
| Current assets | 29/58 | €222,075 | €610,030 | +€387,955 | +174.7% |
| Stocks and contracts in progress | 3 | - | €22,795 | +€22,795 | |
| Stocks | 30/36 | - | €22,795 | +€22,795 | |
| Amounts receivable within one year | 40/41 | €221,243 | €532,878 | +€311,635 | +140.9% |
| Trade receivables | 40 | - | €118,550 | +€118,550 | |
| Other amounts receivable | 41 | €221,243 | €414,328 | +€193,085 | +87.3% |
| Cash at bank and in hand | 54/58 | €832 | €54,357 | +€53,525 | +6433.4% |
| Total equity and liabilities | 10/49 | €363,955 | €1,003,260 | +€639,306 | +175.7% |
| Equity | 10/15 | €205,896 | €613,005 | +€407,109 | +197.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Profit (loss) carried forward | 14 | €180,896 | €588,005 | +€407,109 | +225.1% |
| Amounts payable | 17/49 | €158,059 | €390,255 | +€232,196 | +146.9% |
| Amounts payable after more than one year | 17 | €17,872 | €1,629 | -€16,243 | -90.9% |
| Financial debts | 170/4 | €17,872 | €1,629 | -€16,243 | -90.9% |
| Amounts payable within one year | 42/48 | €140,187 | €388,626 | +€248,439 | +177.2% |
| Trade debts | 44 | €38,551 | €133,007 | +€94,457 | +245.0% |
| Suppliers | 440/4 | €38,551 | €133,007 | +€94,457 | +245.0% |
| Taxes, remuneration and social security | 45 | €50,150 | €255,619 | +€205,469 | +409.7% |
| Taxes | 450/3 | €50,150 | €215,805 | +€165,654 | +330.3% |
| Remuneration and social security | 454/9 | - | €39,814 | +€39,814 | |
| Other amounts payable | 47/48 | €51,486 | - | -€51,486 | |
| Remuneration, social security and pensions | 62 | €18,982 | €257,054 | +€238,072 | +1254.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,216 | €19,080 | -€136 | -0.7% |
| Other operating charges | 640/8 | €3 | €1,975 | +€1,973 | +70955.0% |
| Gross operating margin | 9900 | -€27,606 | €839,521 | +€867,127 | |
| Operating profit (loss) | 9901 | -€65,807 | €561,412 | +€627,219 | |
| Financial income | 75/76B | - | €625 | +€625 | |
| Recurring financial income | 75 | - | €625 | +€625 | |
| Financial charges | 65/66B | €3,315 | €22,633 | +€19,319 | +582.9% |
| Recurring financial charges | 65 | €3,315 | €22,633 | +€19,319 | +582.9% |
| Profit (loss) for the period before taxes | 9903 | -€69,121 | €539,403 | +€608,525 | |
| Income taxes | 67/77 | - | €132,294 | +€132,294 | |
| Profit (loss) for the period | 9904 | -€69,121 | €407,109 | +€476,230 | |
| Profit (loss) for the period to be appropriated | 9905 | -€69,121 | €407,109 | +€476,230 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.