TOLLENEER Dries Editor: 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.
TOLLENEER Dries Editor
Largest movements
- Cash +€9,958
up €9,958 (+637%), from €1,564 to €11,522
mainly Receivables within one year (+€9,910) and Depreciation (+€7,977)
- Receivables within one year -€9,910
down €9,910 (-28.8%), from €34,377 to €24,468
of which Trade receivables: -€13,144
- Tangible fixed assets -€4,547
down €4,547 (-6.1%), from €74,756 to €70,209
of which Land and buildings: -€5,523
- Debts after one year -€5,258
down €5,258 (-7.2%), from €72,981 to €67,722
- Financial charges +€6,385
up €6,385 (+5,918%), from €108 to €6,493
- Depreciation -€5,036
down €5,036 (-38.7%), from €13,012 to €7,977
- Gross operating margin -€4,145
down €4,145 (-14.2%), from €29,223 to €25,078
- Taxes -€3,500
down €3,500 (-97.2%), from €3,600 to €100
- Staff costs +€2,685
up €2,685 (+52.1%), from €5,158 to €7,844
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 | €110,698 | €106,200 | -€4,498 | -4.1% |
| Fixed assets | 21/28 | €74,756 | €70,209 | -€4,547 | -6.1% |
| Tangible fixed assets | 22/27 | €74,756 | €70,209 | -€4,547 | -6.1% |
| Land and buildings | 22 | €65,361 | €59,838 | -€5,523 | -8.5% |
| Plant, machinery and equipment | 23 | €2,987 | €4,330 | +€1,343 | +45.0% |
| Furniture and vehicles | 24 | €6,409 | €6,042 | -€366 | -5.7% |
| Current assets | 29/58 | €35,942 | €35,990 | +€48 | +0.1% |
| Amounts receivable within one year | 40/41 | €34,377 | €24,468 | -€9,910 | -28.8% |
| Trade receivables | 40 | €32,277 | €19,133 | -€13,144 | -40.7% |
| Other amounts receivable | 41 | €2,100 | €5,334 | +€3,234 | +154% |
| Cash at bank and in hand | 54/58 | €1,564 | €11,522 | +€9,958 | +637% |
| Total equity and liabilities | 10/49 | €110,698 | €106,200 | -€4,498 | -4.1% |
| Equity | 10/15 | €25,783 | €26,569 | +€787 | +3.1% |
| Contributions | 10/11 | €6,186 | €6,186 | = | 0.0% |
| Capital | 10 | €6,186 | €6,186 | = | 0.0% |
| Issued capital | 100 | €18,586 | €18,586 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,691 | €14,691 | = | 0.0% |
| Distributable reserves | 133 | €14,691 | €14,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,906 | €5,693 | +€787 | +16.0% |
| Amounts payable | 17/49 | €84,915 | €79,630 | -€5,285 | -6.2% |
| Amounts payable after more than one year | 17 | €72,981 | €67,722 | -€5,258 | -7.2% |
| Financial debts | 170/4 | €72,981 | €67,722 | -€5,258 | -7.2% |
| Amounts payable within one year | 42/48 | €11,935 | €11,908 | -€27 | -0.2% |
| Trade debts | 44 | €2,986 | €2,249 | -€737 | -24.7% |
| Suppliers | 440/4 | €2,986 | €2,249 | -€737 | -24.7% |
| Taxes, remuneration and social security | 45 | €8,949 | €9,659 | +€710 | +7.9% |
| Taxes | 450/3 | €8,949 | €9,659 | +€710 | +7.9% |
| Remuneration, social security and pensions | 62 | €5,158 | €7,844 | +€2,685 | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,012 | €7,977 | -€5,036 | -38.7% |
| Other operating charges | 640/8 | €2,550 | €2,078 | -€472 | -18.5% |
| Gross operating margin | 9900 | €29,223 | €25,078 | -€4,145 | -14.2% |
| Operating profit (loss) | 9901 | €8,502 | €7,179 | -€1,323 | -15.6% |
| Financial income | 75/76B | €201 | €201 | = | 0.0% |
| Recurring financial income | 75 | €201 | €201 | = | 0.0% |
| Financial charges | 65/66B | €108 | €6,493 | +€6,385 | +5,918% |
| Recurring financial charges | 65 | €108 | €6,493 | +€6,385 | +5,918% |
| Profit (loss) for the period before taxes | 9903 | €8,596 | €887 | -€7,709 | -89.7% |
| Income taxes | 67/77 | €3,600 | €100 | -€3,500 | -97.2% |
| Profit (loss) for the period | 9904 | €4,996 | €787 | -€4,209 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,996 | €787 | -€4,209 | -84.3% |
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 26 October 2026 via checked.be.