TOLLET: what changed
What changed
TOLLET
NACE 47.770, Retail sale of watches and jewellery
filed annual accounts (NBB)
Net result for the year
€401,028
2024 · €385,174+€15,854
Equity
€4.5m
2024 · €4.1m+€401,028
Cash
€1.2m
2024 · €1.1m+€97,602
Balance sheet total
€7.9m
2024 · €7.9m+€65,945
Largest movements
Assets
- Cash +€97,602
up €97,602 (+8.8%), from €1.1m to €1.2m
mainly Net result for the year (+€401,028) and Depreciation (+€174,176)
Equity and liabilities
- Profit (loss) carried forward +€380,976
up €380,976 (+39.9%), from €955,122 to €1.3m
- Other debts -€286,722
down €286,722 (-25.1%), from €1.1m to €856,519
- Tax, wage and social debts -€115,107
down €115,107 (-21.2%), from €544,119 to €429,013
of which Remuneration and social security: -€134,235
- Trade debts +€110,768
up €110,768 (+6.1%), from €1.8m to €1.9m
Income statement
- Staff costs -€220,210
down €220,210 (-16.8%), from €1.3m to €1.1m
- Gross operating margin +€49,466
up €49,466 (+2.6%), from €1.9m to €1.9m
- Write-downs +€40,127
up €40,127 (+74.1%), from -€54,126 to -€13,999
- Depreciation +€37,674
up €37,674 (+27.6%), from €136,503 to €174,176
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€385,174
Gross operating margin
+€49,466
Staff costs
+€220,210
Depreciation
-€37,674
Write-downs
-€40,127
Other operating charges
+€4,172
Other operating items
-€193,235
Financial income
-€1,025
Financial charges
+€17,821
Taxes
-€3,753
Result 2025
€401,028
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€265,748
Investment
-€113,741
Financing
-€54,405
Cash 2024
€1.1m
From operations (derived)
+€265,748
Net result for the year
+€401,028
Depreciation
+€174,176
Stocks and contracts
+€6,565
Receivables within one year
-€38,323
Deferred charges and accrued income
+€2,979
Trade debts
+€110,768
Tax, wage and social debts
-€115,107
Other debts
-€286,722
Accrued charges and deferred income
+€10,384
Investment (derived)
-€113,741
Investment in fixed assets (net)
-€113,741
Financing
-€54,405
Debts after one year
-€46,629
Current portion of long-term debt
-€7,777
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,881,739 | €7,947,684 | +€65,945 | +0.8% |
| Formation expenses | 20 | €106,712 | €42,685 | -€64,027 | -60.0% |
| Fixed assets | 21/28 | €514,771 | €518,362 | +€3,592 | +0.7% |
| Intangible fixed assets | 21 | €61,825 | €54,325 | -€7,500 | -12.1% |
| Tangible fixed assets | 22/27 | €449,172 | €460,264 | +€11,092 | +2.5% |
| Plant, machinery and equipment | 23 | €41,719 | €55,962 | +€14,243 | +34.1% |
| Furniture and vehicles | 24 | €39,834 | €28,850 | -€10,985 | -27.6% |
| Leasing and similar rights | 25 | €96,153 | €73,789 | -€22,365 | -23.3% |
| Other tangible fixed assets | 26 | €271,466 | €301,664 | +€30,198 | +11.1% |
| Financial fixed assets | 28 | €3,773 | €3,773 | = | 0.0% |
| Current assets | 29/58 | €7,260,257 | €7,386,637 | +€126,380 | +1.7% |
| Stocks and contracts in progress | 3 | €5,663,045 | €5,656,480 | -€6,565 | -0.1% |
| Stocks | 30/36 | €5,663,045 | €5,656,480 | -€6,565 | -0.1% |
| Amounts receivable within one year | 40/41 | €478,233 | €516,556 | +€38,323 | +8.0% |
| Trade receivables | 40 | €16,256 | €38,190 | +€21,934 | +135% |
| Other amounts receivable | 41 | €461,977 | €478,366 | +€16,389 | +3.5% |
| Cash at bank and in hand | 54/58 | €1,110,941 | €1,208,543 | +€97,602 | +8.8% |
| Deferred charges and accrued income | 490/1 | €8,037 | €5,058 | -€2,979 | -37.1% |
| Total equity and liabilities | 10/49 | €7,881,739 | €7,947,684 | +€65,945 | +0.8% |
| Equity | 10/15 | €4,097,675 | €4,498,703 | +€401,028 | +9.8% |
| Contributions | 10/11 | €2,999,236 | €2,999,236 | = | 0.0% |
| Capital | 10 | €2,999,236 | €2,999,236 | = | 0.0% |
| Issued capital | 100 | €2,999,236 | €2,999,236 | = | 0.0% |
| Reserves | 13 | €143,317 | €163,369 | +€20,052 | +14.0% |
| Non-distributable reserves | 130/1 | €143,317 | €163,369 | +€20,052 | +14.0% |
| Legal reserve | 130 | €142,862 | €162,914 | +€20,052 | +14.0% |
| Reserves not available under the articles | 1311 | €455 | €455 | = | 0.0% |
| Profit (loss) carried forward | 14 | €955,122 | €1,336,098 | +€380,976 | +39.9% |
| Provisions and deferred taxes | 16 | €130,000 | €130,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €130,000 | €130,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €130,000 | €130,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,654,064 | €3,318,982 | -€335,083 | -9.2% |
| Amounts payable after more than one year | 17 | €102,536 | €55,907 | -€46,629 | -45.5% |
| Financial debts | 170/4 | €102,536 | €55,907 | -€46,629 | -45.5% |
| Amounts payable within one year | 42/48 | €3,544,268 | €3,245,430 | -€298,837 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €54,405 | €46,629 | -€7,777 | -14.3% |
| Trade debts | 44 | €1,802,502 | €1,913,270 | +€110,768 | +6.1% |
| Suppliers | 440/4 | €1,802,502 | €1,913,270 | +€110,768 | +6.1% |
| Taxes, remuneration and social security | 45 | €544,119 | €429,013 | -€115,107 | -21.2% |
| Taxes | 450/3 | €270,563 | €289,691 | +€19,129 | +7.1% |
| Remuneration and social security | 454/9 | €273,557 | €139,321 | -€134,235 | -49.1% |
| Other amounts payable | 47/48 | €1,143,241 | €856,519 | -€286,722 | -25.1% |
| Accrued charges and deferred income | 492/3 | €7,261 | €17,644 | +€10,384 | +143% |
| Remuneration, social security and pensions | 62 | €1,314,102 | €1,093,892 | -€220,210 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,503 | €174,176 | +€37,674 | +27.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€54,126 | -€13,999 | +€40,127 | +74.1% |
| Other operating charges | 640/8 | €10,155 | €5,983 | -€4,172 | -41.1% |
| Operating charges capitalised as restructuring costs | 649 | -€128,054 | - | +€128,054 | |
| Non-recurring operating charges | 66A | - | €65,181 | +€65,181 | |
| Gross operating margin | 9900 | €1,900,446 | €1,949,912 | +€49,466 | +2.6% |
| Operating profit (loss) | 9901 | €621,865 | €624,677 | +€2,812 | +0.5% |
| Financial income | 75/76B | €22,033 | €21,008 | -€1,025 | -4.7% |
| Recurring financial income | 75 | €22,033 | €21,008 | -€1,025 | -4.7% |
| Financial charges | 65/66B | €119,733 | €101,912 | -€17,821 | -14.9% |
| Recurring financial charges | 65 | €119,733 | €101,912 | -€17,821 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €524,166 | €543,773 | +€19,607 | +3.7% |
| Income taxes | 67/77 | €138,992 | €142,745 | +€3,753 | +2.7% |
| Profit (loss) for the period | 9904 | €385,174 | €401,028 | +€15,854 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €385,174 | €401,028 | +€15,854 | +4.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.