TOLGA CONSTRUCT PROJECT: 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 CONSTRUCT PROJECT
Largest movements
- Receivables within one year +€15,092
up €15,092 (+18.6%), from €80,937 to €96,029
of which Other amounts receivable: +€31,340
- Tangible fixed assets +€4,802
new in 2024: €4,802
- Profit (loss) carried forward +€14,439
up €14,439 (+31.4%), from €46,023 to €60,461
- Tax, wage and social debts +€6,151
up €6,151 (+257.7%), from €2,387 to €8,538
- Turnover +€36,856
new in 2024: €36,856
- Gross operating margin +€20,555
up €20,555 (+240.1%), from €8,561 to €29,116
- Taxes +€9,662
new in 2024: €9,662
- Purchases and services +€7,740
new in 2024: €7,740
- Other operating charges +€3,203
up €3,203 (+599.3%), from €535 to €3,738
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 | €93,677 | €114,309 | +€20,632 | +22.0% |
| Fixed assets | 21/28 | €12,400 | €17,202 | +€4,802 | +38.7% |
| Intangible fixed assets | 21 | €12,400 | €12,400 | = | 0.0% |
| Tangible fixed assets | 22/27 | - | €4,802 | +€4,802 | |
| Land and buildings | 22 | - | €4,802 | +€4,802 | |
| Current assets | 29/58 | €81,277 | €97,106 | +€15,830 | +19.5% |
| Amounts receivable within one year | 40/41 | €80,937 | €96,029 | +€15,092 | +18.6% |
| Trade receivables | 40 | €68,555 | €52,307 | -€16,248 | -23.7% |
| Other amounts receivable | 41 | €12,382 | €43,722 | +€31,340 | +253.1% |
| Cash at bank and in hand | 54/58 | €340 | €1,077 | +€737 | +217.1% |
| Total equity and liabilities | 10/49 | €93,677 | €114,309 | +€20,632 | +22.0% |
| Equity | 10/15 | €79,048 | €93,486 | +€14,439 | +18.3% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Revaluation surpluses | 12 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,023 | €60,461 | +€14,439 | +31.4% |
| Amounts payable | 17/49 | €14,629 | €20,822 | +€6,193 | +42.3% |
| Amounts payable within one year | 42/48 | €2,629 | €8,822 | +€6,193 | +235.6% |
| Trade debts | 44 | €242 | €284 | +€42 | +17.4% |
| Suppliers | 440/4 | €242 | €284 | +€42 | +17.4% |
| Taxes, remuneration and social security | 45 | €2,387 | €8,538 | +€6,151 | +257.7% |
| Taxes | 450/3 | €2,387 | €8,538 | +€6,151 | +257.7% |
| Accrued charges and deferred income | 492/3 | €12,000 | €12,000 | = | 0.0% |
| Turnover | 70 | - | €36,856 | +€36,856 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €7,740 | +€7,740 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €998 | +€998 | |
| Other operating charges | 640/8 | €535 | €3,738 | +€3,203 | +599.3% |
| Gross operating margin | 9900 | €8,561 | €29,116 | +€20,555 | +240.1% |
| Operating profit (loss) | 9901 | €8,026 | €24,380 | +€16,354 | +203.8% |
| Financial income | 75/76B | €285 | - | -€285 | |
| Recurring financial income | 75 | €285 | - | -€285 | |
| Financial charges | 65/66B | €401 | €280 | -€122 | -30.3% |
| Recurring financial charges | 65 | €401 | €280 | -€122 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €7,910 | €24,101 | +€16,191 | +204.7% |
| Income taxes | 67/77 | - | €9,662 | +€9,662 | |
| Profit (loss) for the period | 9904 | €7,910 | €14,439 | +€6,528 | +82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,910 | €14,439 | +€6,528 | +82.5% |
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 5 October 2026 via checked.be.