TOLOD: 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.
TOLOD
Largest movements
- Receivables within one year +€6,225
up €6,225 (+495.2%), from €1,257 to €7,482
- Tangible fixed assets -€3,868
down €3,868 (-59.5%), from €6,496 to €2,628
of which Furniture and vehicles: -€3,243
- Cash -€2,341
no longer reported in 2025 (was €2,341)
mainly Receivables within one year (-€6,225) and Tax, wage and social debts (-€1,967)
- Deferred charges and accrued income +€269
up €269 (+258.7%), from €104 to €373
- Short-term financial debts +€2,208
new in 2025: €2,208
- Tax, wage and social debts -€1,967
down €1,967 (-71.0%), from €2,769 to €802
- Profit (loss) carried forward -€607
down €607 (-4.1%), from -€14,685 to -€15,292
- Other debts +€442
up €442 (+6.8%), from €6,514 to €6,956
- Trade debts +€209
new in 2025: €209
- Gross operating margin -€5,087
down €5,087 (-85.5%), from €5,947 to €860
- Depreciation -€4,054
down €4,054 (-86.6%), from €4,679 to €625
- Financial charges -€606
down €606 (-60.4%), from €1,004 to €398
- Other operating charges +€444
new in 2025: €444
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 | €13,198 | €13,483 | +€285 | +2.2% |
| Fixed assets | 21/28 | €9,496 | €5,628 | -€3,868 | -40.7% |
| Tangible fixed assets | 22/27 | €6,496 | €2,628 | -€3,868 | -59.5% |
| Furniture and vehicles | 24 | €3,243 | - | -€3,243 | |
| Other tangible fixed assets | 26 | €3,253 | €2,628 | -€625 | -19.2% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €3,702 | €7,855 | +€4,153 | +112.2% |
| Amounts receivable within one year | 40/41 | €1,257 | €7,482 | +€6,225 | +495.2% |
| Trade receivables | 40 | €1,257 | €7,482 | +€6,225 | +495.2% |
| Cash at bank and in hand | 54/58 | €2,341 | - | -€2,341 | |
| Deferred charges and accrued income | 490/1 | €104 | €373 | +€269 | +258.7% |
| Total equity and liabilities | 10/49 | €13,198 | €13,483 | +€285 | +2.2% |
| Equity | 10/15 | €3,915 | €3,308 | -€607 | -15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,685 | -€15,292 | -€607 | -4.1% |
| Amounts payable | 17/49 | €9,283 | €10,175 | +€892 | +9.6% |
| Amounts payable within one year | 42/48 | €9,283 | €10,175 | +€892 | +9.6% |
| Financial debts | 43 | - | €2,208 | +€2,208 | |
| Credit institutions | 430/8 | - | €2,208 | +€2,208 | |
| Trade debts | 44 | - | €209 | +€209 | |
| Suppliers | 440/4 | - | €209 | +€209 | |
| Taxes, remuneration and social security | 45 | €2,769 | €802 | -€1,967 | -71.0% |
| Taxes | 450/3 | €2,769 | €802 | -€1,967 | -71.0% |
| Other amounts payable | 47/48 | €6,514 | €6,956 | +€442 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,679 | €625 | -€4,054 | -86.6% |
| Other operating charges | 640/8 | - | €444 | +€444 | |
| Gross operating margin | 9900 | €5,947 | €860 | -€5,087 | -85.5% |
| Operating profit (loss) | 9901 | €1,268 | -€209 | -€1,477 | |
| Financial charges | 65/66B | €1,004 | €398 | -€606 | -60.4% |
| Recurring financial charges | 65 | €1,004 | €398 | -€606 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €264 | -€607 | -€871 | |
| Profit (loss) for the period | 9904 | €264 | -€607 | -€871 | |
| Profit (loss) for the period to be appropriated | 9905 | €264 | -€607 | -€871 |
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 6 October 2026 via checked.be.