Tollink: 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.
Tollink
Largest movements
- Cash -€55,841
down €55,841 (-89.8%), from €62,171 to €6,331
mainly Receivables within one year (-€52,669) and Trade debts (-€11,298)
- Receivables within one year +€52,669
up €52,669 (+223%), from €23,622 to €76,291
of which Other amounts receivable: +€70,220
- Deferred charges and accrued income +€3,394
up €3,394 (+12.8%), from €26,606 to €30,000
- Trade debts -€11,298
down €11,298 (-100.0%), from €11,301 to €3
- Tax, wage and social debts +€6,028
up €6,028 (+290%), from €2,080 to €8,108
- Reserves +€4,431
up €4,431 (+4.2%), from €104,999 to €109,431
- Gross operating margin -€24,432
down €24,432 (-62.5%), from €39,105 to €14,673
- Other operating charges -€6,287
down €6,287 (-85.3%), from €7,373 to €1,086
- Taxes -€5,063
down €5,063 (-45.7%), from €11,092 to €6,028
- Financial charges -€2,200
down €2,200 (-45.9%), from €4,791 to €2,591
- Depreciation -€569
down €569 (-51.5%), from €1,105 to €536
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 | €120,880 | €120,567 | -€313 | -0.3% |
| Fixed assets | 21/28 | €1,293 | €757 | -€536 | -41.4% |
| Tangible fixed assets | 22/27 | €1,293 | €757 | -€536 | -41.4% |
| Plant, machinery and equipment | 23 | €1,267 | €757 | -€510 | -40.3% |
| Furniture and vehicles | 24 | €25 | - | -€25 | |
| Current assets | 29/58 | €119,587 | €119,810 | +€223 | +0.2% |
| Amounts receivable within one year | 40/41 | €23,622 | €76,291 | +€52,669 | +223% |
| Trade receivables | 40 | €17,969 | €418 | -€17,551 | -97.7% |
| Other amounts receivable | 41 | €5,654 | €75,873 | +€70,220 | +1,242% |
| Current investments | 50/53 | €7,188 | €7,188 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €62,171 | €6,331 | -€55,841 | -89.8% |
| Deferred charges and accrued income | 490/1 | €26,606 | €30,000 | +€3,394 | +12.8% |
| Total equity and liabilities | 10/49 | €120,880 | €120,567 | -€313 | -0.3% |
| Equity | 10/15 | €107,499 | €111,931 | +€4,431 | +4.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €104,999 | €109,431 | +€4,431 | +4.2% |
| Distributable reserves | 133 | €104,999 | €109,431 | +€4,431 | +4.2% |
| Amounts payable | 17/49 | €13,381 | €8,636 | -€4,744 | -35.5% |
| Amounts payable within one year | 42/48 | €13,381 | €8,111 | -€5,269 | -39.4% |
| Trade debts | 44 | €11,301 | €3 | -€11,298 | -100.0% |
| Suppliers | 440/4 | €11,301 | €3 | -€11,298 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,080 | €8,108 | +€6,028 | +290% |
| Taxes | 450/3 | €2,080 | €8,108 | +€6,028 | +290% |
| Accrued charges and deferred income | 492/3 | - | €525 | +€525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,105 | €536 | -€569 | -51.5% |
| Other operating charges | 640/8 | €7,373 | €1,086 | -€6,287 | -85.3% |
| Gross operating margin | 9900 | €39,105 | €14,673 | -€24,432 | -62.5% |
| Operating profit (loss) | 9901 | €30,628 | €13,051 | -€17,576 | -57.4% |
| Financial charges | 65/66B | €4,791 | €2,591 | -€2,200 | -45.9% |
| Recurring financial charges | 65 | €4,791 | €2,591 | -€2,200 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €25,836 | €10,460 | -€15,376 | -59.5% |
| Income taxes | 67/77 | €11,092 | €6,028 | -€5,063 | -45.7% |
| Profit (loss) for the period | 9904 | €14,744 | €4,431 | -€10,313 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,744 | €4,431 | -€10,313 | -69.9% |
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 23 October 2026 via checked.be.