TOM: 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.
TOM
Largest movements
- Tangible fixed assets -€33,566
down €33,566 (-45.0%), from €74,670 to €41,104
- Cash +€19,583
up €19,583 (+70.2%), from €27,882 to €47,465
mainly Other debts (+€48,576) and Depreciation (+€27,290)
- Receivables within one year +€1,952
up €1,952 (+6.5%), from €30,070 to €32,021
of which Trade receivables: +€10,344
- Reserves -€61,152
down €61,152 (-73.1%), from €83,607 to €22,455
- Other debts +€48,576
up €48,576 (+1,024%), from €4,745 to €53,321
- Tax, wage and social debts +€16,990
up €16,990 (+8,499%), from €200 to €17,190
- Debts after one year -€8,455
down €8,455 (-33.0%), from €25,641 to €17,186
- Trade debts -€4,252
down €4,252 (-49.8%), from €8,534 to €4,282
- Gross operating margin +€32,396
up €32,396 (+142%), from €22,870 to €55,266
- Depreciation +€7,611
up €7,611 (+38.7%), from €19,678 to €27,290
- Write-downs +€5,200
new in 2025: €5,200
- Financial charges +€1,689
up €1,689 (+378%), from €447 to €2,135
- Other operating charges +€1,623
up €1,623 (+33.1%), from €4,902 to €6,525
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 | €134,511 | €123,873 | -€10,638 | -7.9% |
| Fixed assets | 21/28 | €74,670 | €42,386 | -€32,284 | -43.2% |
| Intangible fixed assets | 21 | - | €1,282 | +€1,282 | |
| Tangible fixed assets | 22/27 | €74,670 | €41,104 | -€33,566 | -45.0% |
| Land and buildings | 22 | €5,619 | €2,260 | -€3,359 | -59.8% |
| Plant, machinery and equipment | 23 | €12,196 | €9,081 | -€3,115 | -25.5% |
| Furniture and vehicles | 24 | €40,896 | €29,763 | -€11,133 | -27.2% |
| Other tangible fixed assets | 26 | €15,960 | €0 | -€15,960 | -100% |
| Current assets | 29/58 | €59,841 | €81,487 | +€21,646 | +36.2% |
| Amounts receivable within one year | 40/41 | €30,070 | €32,021 | +€1,952 | +6.5% |
| Trade receivables | 40 | €8,849 | €19,193 | +€10,344 | +117% |
| Other amounts receivable | 41 | €21,220 | €12,828 | -€8,393 | -39.6% |
| Cash at bank and in hand | 54/58 | €27,882 | €47,465 | +€19,583 | +70.2% |
| Deferred charges and accrued income | 490/1 | €1,889 | €2,001 | +€112 | +5.9% |
| Total equity and liabilities | 10/49 | €134,511 | €123,873 | -€10,638 | -7.9% |
| Equity | 10/15 | €86,607 | €23,439 | -€63,168 | -72.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €83,607 | €22,455 | -€61,152 | -73.1% |
| Distributable reserves | 133 | €83,607 | €22,455 | -€61,152 | -73.1% |
| Profit (loss) carried forward | 14 | - | -€2,016 | -€2,016 | |
| Amounts payable | 17/49 | €47,904 | €100,434 | +€52,530 | +110% |
| Amounts payable after more than one year | 17 | €25,641 | €17,186 | -€8,455 | -33.0% |
| Financial debts | 170/4 | €25,641 | €17,186 | -€8,455 | -33.0% |
| Amounts payable within one year | 42/48 | €22,263 | €83,248 | +€60,985 | +274% |
| Current portion of amounts payable after more than one year | 42 | €8,784 | €8,455 | -€329 | -3.7% |
| Trade debts | 44 | €8,534 | €4,282 | -€4,252 | -49.8% |
| Suppliers | 440/4 | €8,534 | €4,282 | -€4,252 | -49.8% |
| Taxes, remuneration and social security | 45 | €200 | €17,190 | +€16,990 | +8,499% |
| Taxes | 450/3 | €200 | €17,190 | +€16,990 | +8,499% |
| Other amounts payable | 47/48 | €4,745 | €53,321 | +€48,576 | +1,024% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,678 | €27,290 | +€7,611 | +38.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,200 | +€5,200 | |
| Other operating charges | 640/8 | €4,902 | €6,525 | +€1,623 | +33.1% |
| Non-recurring operating charges | 66A | - | €15,960 | +€15,960 | |
| Gross operating margin | 9900 | €22,870 | €55,266 | +€32,396 | +142% |
| Operating profit (loss) | 9901 | -€1,711 | €291 | +€2,002 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €447 | €2,135 | +€1,689 | +378% |
| Recurring financial charges | 65 | €447 | €2,135 | +€1,689 | +378% |
| Profit (loss) for the period before taxes | 9903 | -€2,158 | -€1,844 | +€314 | +14.5% |
| Income taxes | 67/77 | €401 | €172 | -€229 | -57.0% |
| Profit (loss) for the period | 9904 | -€2,559 | -€2,016 | +€543 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,559 | -€2,016 | +€543 | +21.2% |
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 17 October 2026 via checked.be.