TOLGA: 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.
TOLGA
Largest movements
- Cash +€11,176
up €11,176 (+50.5%), from €22,149 to €33,325
mainly Net result for the year (+€7,228) and Stocks and contracts (+€3,125)
- Stocks and contracts -€3,125
down €3,125 (-18.9%), from €16,512 to €13,387
- Profit (loss) carried forward +€7,228
up €7,228 (+52.4%), from €13,786 to €21,014
- Tax, wage and social debts +€912
up €912 (+39.0%), from €2,342 to €3,255
- Gross operating margin +€4,237
up €4,237 (+139.2%), from €3,044 to €7,282
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.
Cash bridge derived
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 | €38,661 | €46,712 | +€8,051 | +20.8% |
| Current assets | 29/58 | €38,661 | €46,712 | +€8,051 | +20.8% |
| Stocks and contracts in progress | 3 | €16,512 | €13,387 | -€3,125 | -18.9% |
| Stocks | 30/36 | €16,512 | €13,387 | -€3,125 | -18.9% |
| Cash at bank and in hand | 54/58 | €22,149 | €33,325 | +€11,176 | +50.5% |
| Total equity and liabilities | 10/49 | €38,661 | €46,712 | +€8,051 | +20.8% |
| Equity | 10/15 | €36,229 | €43,457 | +€7,228 | +20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €3,843 | €3,843 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,843 | €3,843 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,843 | €3,843 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,786 | €21,014 | +€7,228 | +52.4% |
| Amounts payable | 17/49 | €2,432 | €3,255 | +€823 | +33.9% |
| Amounts payable within one year | 42/48 | €2,432 | €3,255 | +€823 | +33.9% |
| Trade debts | 44 | €89 | - | -€89 | |
| Suppliers | 440/4 | €89 | - | -€89 | |
| Taxes, remuneration and social security | 45 | €2,342 | €3,255 | +€912 | +39.0% |
| Taxes | 450/3 | €2,342 | €3,255 | +€912 | +39.0% |
| Other operating charges | 640/8 | €54 | €54 | = | 0.0% |
| Gross operating margin | 9900 | €3,044 | €7,282 | +€4,237 | +139.2% |
| Operating profit (loss) | 9901 | €2,991 | €7,228 | +€4,237 | +141.7% |
| Profit (loss) for the period before taxes | 9903 | €2,991 | €7,228 | +€4,237 | +141.7% |
| Profit (loss) for the period | 9904 | €2,991 | €7,228 | +€4,237 | +141.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,991 | €7,228 | +€4,237 | +141.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.