TOLA: 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.
TOLA
Largest movements
- Receivables within one year -€11,241
down €11,241 (-43.0%), from €26,144 to €14,903
of which Trade receivables: -€8,633
- Tangible fixed assets -€8,825
down €8,825 (-64.5%), from €13,682 to €4,857
of which Furniture and vehicles: -€8,710
- Tax, wage and social debts -€6,645
down €6,645 (-38.2%), from €17,399 to €10,753
- Other debts -€5,141
down €5,141 (-49.8%), from €10,332 to €5,191
- Debts after one year -€4,389
down €4,389 (-100%), from €4,389 to €0
- Current portion of long-term debt -€4,351
down €4,351 (-48.4%), from €8,994 to €4,643
- Trade debts +€697
up €697 (+12.1%), from €5,737 to €6,433
- Gross operating margin -€9,709
down €9,709 (-33.2%), from €29,240 to €19,531
- Taxes -€5,350
down €5,350 (-69.3%), from €7,720 to €2,371
- Financial charges +€801
up €801 (+63.2%), from €1,267 to €2,068
- Write-downs -€464
down €464 (-100%), from €464 to €0
- Other operating charges +€323
up €323 (+22.3%), from €1,446 to €1,768
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 | €49,350 | €29,521 | -€19,830 | -40.2% |
| Fixed assets | 21/28 | €13,682 | €4,857 | -€8,825 | -64.5% |
| Tangible fixed assets | 22/27 | €13,682 | €4,857 | -€8,825 | -64.5% |
| Plant, machinery and equipment | 23 | €115 | €0 | -€115 | -100% |
| Furniture and vehicles | 24 | €13,567 | €4,857 | -€8,710 | -64.2% |
| Current assets | 29/58 | €35,669 | €24,664 | -€11,005 | -30.9% |
| Amounts receivable within one year | 40/41 | €26,144 | €14,903 | -€11,241 | -43.0% |
| Trade receivables | 40 | €15,606 | €6,974 | -€8,633 | -55.3% |
| Other amounts receivable | 41 | €10,538 | €7,930 | -€2,608 | -24.7% |
| Cash at bank and in hand | 54/58 | €9,525 | €9,471 | -€54 | -0.6% |
| Deferred charges and accrued income | 490/1 | €0 | €290 | +€290 | |
| Total equity and liabilities | 10/49 | €49,350 | €29,521 | -€19,830 | -40.2% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €46,850 | €27,021 | -€19,830 | -42.3% |
| Amounts payable after more than one year | 17 | €4,389 | €0 | -€4,389 | -100% |
| Financial debts | 170/4 | €4,389 | €0 | -€4,389 | -100% |
| Amounts payable within one year | 42/48 | €42,461 | €27,021 | -€15,440 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €8,994 | €4,643 | -€4,351 | -48.4% |
| Trade debts | 44 | €5,737 | €6,433 | +€697 | +12.1% |
| Suppliers | 440/4 | €5,737 | €6,433 | +€697 | +12.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €17,399 | €10,753 | -€6,645 | -38.2% |
| Taxes | 450/3 | €17,399 | €10,753 | -€6,645 | -38.2% |
| Other amounts payable | 47/48 | €10,332 | €5,191 | -€5,141 | -49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,793 | €8,825 | +€32 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €464 | €0 | -€464 | -100% |
| Other operating charges | 640/8 | €1,446 | €1,768 | +€323 | +22.3% |
| Gross operating margin | 9900 | €29,240 | €19,531 | -€9,709 | -33.2% |
| Operating profit (loss) | 9901 | €18,537 | €8,938 | -€9,599 | -51.8% |
| Financial income | 75/76B | €782 | €692 | -€90 | -11.6% |
| Recurring financial income | 75 | €782 | €692 | -€90 | -11.6% |
| Financial charges | 65/66B | €1,267 | €2,068 | +€801 | +63.2% |
| Recurring financial charges | 65 | €1,267 | €2,068 | +€801 | +63.2% |
| Profit (loss) for the period before taxes | 9903 | €18,052 | €7,562 | -€10,490 | -58.1% |
| Income taxes | 67/77 | €7,720 | €2,371 | -€5,350 | -69.3% |
| Profit (loss) for the period | 9904 | €10,332 | €5,191 | -€5,141 | -49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,332 | €5,191 | -€5,141 | -49.8% |
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 18 October 2026 via checked.be.