TOKIO GROUP: 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.
TOKIO GROUP
Largest movements
- Tangible fixed assets +€25,760
up €25,760 (+758%), from €3,397 to €29,158
of which Plant, machinery and equipment: +€21,606
- Receivables within one year -€20,409
down €20,409 (-35.9%), from €56,925 to €36,516
of which Trade receivables: -€11,096
- Cash -€2,104
down €2,104 (-7.0%), from €30,066 to €27,962
mainly Investment in fixed assets (net) (-€28,823) and Tax, wage and social debts (-€3,439)
- Stocks and contracts +€1,490
up €1,490 (+8.9%), from €16,822 to €18,312
- Reserves +€5,601
up €5,601 (+9.2%), from €60,910 to €66,511
of which Distributable reserves: +€5,601
- Trade debts +€4,267
up €4,267 (+34.5%), from €12,353 to €16,620
- Tax, wage and social debts -€3,439
down €3,439 (-52.2%), from €6,590 to €3,151
- Accrued charges and deferred income -€1,687
down €1,687 (-50.8%), from €3,319 to €1,631
- Gross operating margin -€22,397
down €22,397 (-74.6%), from €30,041 to €7,644
- Taxes -€9,255
down €9,255, from €7,226 to -€2,029
- Depreciation +€2,039
up €2,039 (+199%), from €1,024 to €3,063
- Financial charges -€826
down €826 (-76.7%), from €1,077 to €251
- Other operating charges +€618
up €618 (+107%), from €577 to €1,195
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 | €108,881 | €113,622 | +€4,741 | +4.4% |
| Fixed assets | 21/28 | €4,972 | €30,733 | +€25,760 | +518% |
| Tangible fixed assets | 22/27 | €3,397 | €29,158 | +€25,760 | +758% |
| Plant, machinery and equipment | 23 | €3,397 | €25,003 | +€21,606 | +636% |
| Furniture and vehicles | 24 | - | €4,155 | +€4,155 | |
| Financial fixed assets | 28 | €1,575 | €1,575 | = | 0.0% |
| Current assets | 29/58 | €103,909 | €82,889 | -€21,019 | -20.2% |
| Stocks and contracts in progress | 3 | €16,822 | €18,312 | +€1,490 | +8.9% |
| Stocks | 30/36 | €16,822 | €18,312 | +€1,490 | +8.9% |
| Amounts receivable within one year | 40/41 | €56,925 | €36,516 | -€20,409 | -35.9% |
| Trade receivables | 40 | €47,507 | €36,411 | -€11,096 | -23.4% |
| Other amounts receivable | 41 | €9,417 | €105 | -€9,312 | -98.9% |
| Cash at bank and in hand | 54/58 | €30,066 | €27,962 | -€2,104 | -7.0% |
| Deferred charges and accrued income | 490/1 | €96 | €100 | +€3 | +3.4% |
| Total equity and liabilities | 10/49 | €108,881 | €113,622 | +€4,741 | +4.4% |
| Equity | 10/15 | €79,510 | €85,111 | +€5,601 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,910 | €66,511 | +€5,601 | +9.2% |
| 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 | €59,050 | €64,651 | +€5,601 | +9.5% |
| Amounts payable | 17/49 | €29,370 | €28,511 | -€860 | -2.9% |
| Amounts payable after more than one year | 17 | €3,357 | €3,357 | = | 0.0% |
| Other amounts payable | 178/9 | €3,357 | €3,357 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,694 | €23,522 | +€828 | +3.6% |
| Trade debts | 44 | €12,353 | €16,620 | +€4,267 | +34.5% |
| Suppliers | 440/4 | €12,353 | €16,620 | +€4,267 | +34.5% |
| Advances received on contracts in progress | 46 | €3,752 | €3,752 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,590 | €3,151 | -€3,439 | -52.2% |
| Taxes | 450/3 | €6,590 | €3,151 | -€3,439 | -52.2% |
| Accrued charges and deferred income | 492/3 | €3,319 | €1,631 | -€1,687 | -50.8% |
| Remuneration, social security and pensions | 62 | - | €126 | +€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,024 | €3,063 | +€2,039 | +199% |
| Other operating charges | 640/8 | €577 | €1,195 | +€618 | +107% |
| Gross operating margin | 9900 | €30,041 | €7,644 | -€22,397 | -74.6% |
| Operating profit (loss) | 9901 | €28,440 | €3,260 | -€25,180 | -88.5% |
| Financial income | 75/76B | €258 | €563 | +€305 | +118% |
| Recurring financial income | 75 | €258 | €563 | +€305 | +118% |
| Financial charges | 65/66B | €1,077 | €251 | -€826 | -76.7% |
| Recurring financial charges | 65 | €1,077 | €251 | -€826 | -76.7% |
| Profit (loss) for the period before taxes | 9903 | €27,620 | €3,572 | -€24,048 | -87.1% |
| Income taxes | 67/77 | €7,226 | -€2,029 | -€9,255 | |
| Profit (loss) for the period | 9904 | €20,394 | €5,601 | -€14,793 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,394 | €5,601 | -€14,793 | -72.5% |
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 22 October 2026 via checked.be.