TOLIVA: 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.
TOLIVA
Largest movements
- Receivables within one year -€38,083
down €38,083 (-81.6%), from €46,649 to €8,566
of which Trade receivables: -€44,389
- Cash +€13,153
up €13,153 (+20.7%), from €63,391 to €76,545
mainly Receivables within one year (+€38,083) and Net result for the year (+€34,243)
- Tangible fixed assets +€11,602
up €11,602 (+226.5%), from €5,123 to €16,725
- Other debts -€12,177
down €12,177 (-28.5%), from €42,654 to €30,476
- Accrued charges and deferred income +€11,311
up €11,311 (+18249.4%), from €62 to €11,373
- Tax, wage and social debts -€7,060
down €7,060 (-51.1%), from €13,810 to €6,750
- Trade debts -€3,851
down €3,851 (-44.9%), from €8,573 to €4,722
- Gross operating margin -€24,124
down €24,124 (-31.6%), from €76,291 to €52,167
- Taxes -€4,469
down €4,469 (-32.9%), from €13,581 to €9,111
- Staff costs -€2,010
no longer reported in 2025 (was €2,010)
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 | €119,811 | €107,277 | -€12,534 | -10.5% |
| Fixed assets | 21/28 | €5,123 | €16,725 | +€11,602 | +226.5% |
| Tangible fixed assets | 22/27 | €5,123 | €16,725 | +€11,602 | +226.5% |
| Plant, machinery and equipment | 23 | €5,123 | €16,725 | +€11,602 | +226.5% |
| Current assets | 29/58 | €114,688 | €90,552 | -€24,136 | -21.0% |
| Amounts receivable within one year | 40/41 | €46,649 | €8,566 | -€38,083 | -81.6% |
| Trade receivables | 40 | €44,623 | €234 | -€44,389 | -99.5% |
| Other amounts receivable | 41 | €2,026 | €8,332 | +€6,306 | +311.3% |
| Cash at bank and in hand | 54/58 | €63,391 | €76,545 | +€13,153 | +20.7% |
| Deferred charges and accrued income | 490/1 | €4,648 | €5,441 | +€793 | +17.1% |
| Total equity and liabilities | 10/49 | €119,811 | €107,277 | -€12,534 | -10.5% |
| Equity | 10/15 | €54,712 | €53,955 | -€757 | -1.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,712 | €43,955 | -€757 | -1.7% |
| Amounts payable | 17/49 | €65,099 | €53,322 | -€11,777 | -18.1% |
| Amounts payable within one year | 42/48 | €65,037 | €41,949 | -€23,088 | -35.5% |
| Trade debts | 44 | €8,573 | €4,722 | -€3,851 | -44.9% |
| Suppliers | 440/4 | €8,573 | €4,722 | -€3,851 | -44.9% |
| Taxes, remuneration and social security | 45 | €13,810 | €6,750 | -€7,060 | -51.1% |
| Taxes | 450/3 | €13,810 | €6,750 | -€7,060 | -51.1% |
| Other amounts payable | 47/48 | €42,654 | €30,476 | -€12,177 | -28.5% |
| Accrued charges and deferred income | 492/3 | €62 | €11,373 | +€11,311 | +18249.4% |
| Remuneration, social security and pensions | 62 | €2,010 | - | -€2,010 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,064 | €3,227 | +€163 | +5.3% |
| Other operating charges | 640/8 | €631 | €647 | +€16 | +2.5% |
| Gross operating margin | 9900 | €76,291 | €52,167 | -€24,124 | -31.6% |
| Operating profit (loss) | 9901 | €70,586 | €48,294 | -€22,292 | -31.6% |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €4,917 | €4,940 | +€22 | +0.5% |
| Recurring financial charges | 65 | €4,917 | €4,940 | +€22 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €65,689 | €43,354 | -€22,335 | -34.0% |
| Income taxes | 67/77 | €13,581 | €9,111 | -€4,469 | -32.9% |
| Profit (loss) for the period | 9904 | €52,109 | €34,243 | -€17,866 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,109 | €34,243 | -€17,866 | -34.3% |
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 3 October 2026 via checked.be.