TOLOGA: 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.
TOLOGA
Largest movements
- Tangible fixed assets -€35,862
down €35,862 (-1.5%), from €2.4m to €2.4m
of which Land and buildings: -€66,524
- Debts after one year -€91,917
down €91,917 (-3.9%), from €2.4m to €2.3m
- Profit (loss) carried forward +€78,992
up €78,992 (+39.4%), from -€200,666 to -€121,675
- Gross operating margin +€30,211
up €30,211 (+16.9%), from €178,783 to €208,995
- Financial charges -€3,068
down €3,068 (-18.8%), from €16,299 to €13,231
- Depreciation +€2,141
up €2,141 (+2.3%), from €92,810 to €94,951
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 | €2,467,612 | €2,442,322 | -€25,290 | -1.0% |
| Fixed assets | 21/28 | €2,437,508 | €2,401,646 | -€35,862 | -1.5% |
| Tangible fixed assets | 22/27 | €2,437,508 | €2,401,646 | -€35,862 | -1.5% |
| Land and buildings | 22 | €2,408,238 | €2,341,714 | -€66,524 | -2.8% |
| Plant, machinery and equipment | 23 | €11,485 | €2,437 | -€9,048 | -78.8% |
| Furniture and vehicles | 24 | €17,785 | €57,495 | +€39,710 | +223.3% |
| Current assets | 29/58 | €30,104 | €40,676 | +€10,572 | +35.1% |
| Amounts receivable within one year | 40/41 | €2,020 | €13,036 | +€11,016 | +545.4% |
| Trade receivables | 40 | €2,020 | €3,840 | +€1,820 | +90.1% |
| Other amounts receivable | 41 | - | €9,196 | +€9,196 | |
| Cash at bank and in hand | 54/58 | €26,394 | €27,640 | +€1,246 | +4.7% |
| Deferred charges and accrued income | 490/1 | €1,690 | - | -€1,690 | |
| Total equity and liabilities | 10/49 | €2,467,612 | €2,442,322 | -€25,290 | -1.0% |
| Equity | 10/15 | -€198,666 | -€119,675 | +€78,992 | +39.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200,666 | -€121,675 | +€78,992 | +39.4% |
| Amounts payable | 17/49 | €2,666,278 | €2,561,997 | -€104,281 | -3.9% |
| Amounts payable after more than one year | 17 | €2,367,114 | €2,275,197 | -€91,917 | -3.9% |
| Financial debts | 170/4 | €2,367,114 | €2,275,197 | -€91,917 | -3.9% |
| Amounts payable within one year | 42/48 | €299,164 | €286,800 | -€12,364 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €133,490 | €137,917 | +€4,427 | +3.3% |
| Trade debts | 44 | €922 | €486 | -€436 | -47.3% |
| Suppliers | 440/4 | €922 | €486 | -€436 | -47.3% |
| Taxes, remuneration and social security | 45 | €1,993 | €486 | -€1,507 | -75.6% |
| Taxes | 450/3 | €1,993 | €486 | -€1,507 | -75.6% |
| Other amounts payable | 47/48 | €162,759 | €147,911 | -€14,848 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,810 | €94,951 | +€2,141 | +2.3% |
| Other operating charges | 640/8 | €20,881 | €21,822 | +€940 | +4.5% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €178,783 | €208,995 | +€30,211 | +16.9% |
| Operating profit (loss) | 9901 | €64,792 | €92,222 | +€27,430 | +42.3% |
| Financial income | 75/76B | €58 | - | -€58 | |
| Recurring financial income | 75 | €58 | - | -€58 | |
| Financial charges | 65/66B | €16,299 | €13,231 | -€3,068 | -18.8% |
| Recurring financial charges | 65 | €16,299 | €13,231 | -€3,068 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €48,552 | €78,992 | +€30,440 | +62.7% |
| Profit (loss) for the period | 9904 | €48,552 | €78,992 | +€30,440 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,552 | €78,992 | +€30,440 | +62.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.