TOLSTOY & Co: 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.
TOLSTOY & Co
Largest movements
- Receivables within one year -€2,879
down €2,879 (-58.1%), from €4,955 to €2,076
- Tangible fixed assets +€2,073
up €2,073 (+546%), from €379 to €2,453
- Cash -€1,700
down €1,700 (-4.3%), from €39,420 to €37,720
mainly Net result for the year (-€3,184) and Investment in fixed assets (net) (-€3,007)
- Profit (loss) carried forward -€3,184
down €3,184 (-28.9%), from -€11,000 to -€14,185
- Gross operating margin +€7,778
up €7,778 (+82.3%), from -€9,450 to -€1,671
- Depreciation +€406
up €406 (+76.7%), from €529 to €934
- Taxes -€314
no longer reported in 2025 (was €314)
- Other operating charges -€126
down €126 (-23.9%), from €525 to €400
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 | €44,754 | €42,248 | -€2,505 | -5.6% |
| Fixed assets | 21/28 | €379 | €2,453 | +€2,073 | +546% |
| Tangible fixed assets | 22/27 | €379 | €2,453 | +€2,073 | +546% |
| Furniture and vehicles | 24 | €379 | €2,453 | +€2,073 | +546% |
| Current assets | 29/58 | €44,374 | €39,796 | -€4,579 | -10.3% |
| Amounts receivable within one year | 40/41 | €4,955 | €2,076 | -€2,879 | -58.1% |
| Other amounts receivable | 41 | €4,955 | €2,076 | -€2,879 | -58.1% |
| Cash at bank and in hand | 54/58 | €39,420 | €37,720 | -€1,700 | -4.3% |
| Total equity and liabilities | 10/49 | €44,754 | €42,248 | -€2,505 | -5.6% |
| Equity | 10/15 | €42,742 | €39,558 | -€3,184 | -7.5% |
| Contributions | 10/11 | €6,204 | €6,204 | = | 0.0% |
| Reserves | 13 | €47,539 | €47,539 | = | 0.0% |
| Non-distributable reserves | 130/1 | €224 | €224 | = | 0.0% |
| Reserves not available under the articles | 1311 | €224 | €224 | = | 0.0% |
| Distributable reserves | 133 | €47,315 | €47,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,000 | -€14,185 | -€3,184 | -28.9% |
| Amounts payable | 17/49 | €2,012 | €2,691 | +€679 | +33.8% |
| Amounts payable within one year | 42/48 | €2,012 | €2,691 | +€679 | +33.8% |
| Trade debts | 44 | €77 | €502 | +€425 | +553% |
| Suppliers | 440/4 | €77 | €502 | +€425 | +553% |
| Taxes, remuneration and social security | 45 | €1,369 | €1,372 | +€3 | +0.2% |
| Taxes | 450/3 | €1 | €4 | +€3 | +207% |
| Remuneration and social security | 454/9 | €1,368 | €1,368 | = | 0.0% |
| Other amounts payable | 47/48 | €565 | €817 | +€251 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €529 | €934 | +€406 | +76.7% |
| Other operating charges | 640/8 | €525 | €400 | -€126 | -23.9% |
| Gross operating margin | 9900 | -€9,450 | -€1,671 | +€7,778 | +82.3% |
| Operating profit (loss) | 9901 | -€10,504 | -€3,005 | +€7,498 | +71.4% |
| Financial charges | 65/66B | €183 | €179 | -€4 | -1.9% |
| Recurring financial charges | 65 | €183 | €179 | -€4 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,686 | -€3,184 | +€7,502 | +70.2% |
| Income taxes | 67/77 | €314 | - | -€314 | |
| Profit (loss) for the period | 9904 | -€11,000 | -€3,184 | +€7,816 | +71.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,000 | -€3,184 | +€7,816 | +71.1% |
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 28 October 2026 via checked.be.