Tom DH: 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.
Tom DH
Largest movements
- Tangible fixed assets +€329,827
up €329,827 (+9076.0%), from €3,634 to €333,461
of which Land and buildings: +€329,968
- Receivables after one year -€50,000
no longer reported in 2025 (was €50,000)
- Cash +€9,713
up €9,713 (+40.2%), from €24,159 to €33,871
mainly Debts after one year (+€256,756) and Receivables after one year (+€50,000)
- Receivables within one year +€9,491
up €9,491 (+25.5%), from €37,289 to €46,780
of which Trade receivables: +€16,238
- Debts after one year +€256,756
new in 2025: €256,756
- Reserves +€30,293
up €30,293 (+31.3%), from €96,697 to €126,989
- Current portion of long-term debt +€12,886
new in 2025: €12,886
- Gross operating margin +€30,612
up €30,612 (+105.9%), from €28,901 to €59,513
- Financial charges +€9,160
up €9,160 (+1328.8%), from €689 to €9,849
- Depreciation +€8,067
up €8,067 (+725.1%), from €1,113 to €9,180
- Financial income -€2,762
down €2,762 (-100.0%), from €2,762 to €0
- Taxes +€2,552
up €2,552 (+38.1%), from €6,699 to €9,251
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 | €115,993 | €414,312 | +€298,319 | +257.2% |
| Fixed assets | 21/28 | €3,634 | €333,461 | +€329,827 | +9076.0% |
| Tangible fixed assets | 22/27 | €3,634 | €333,461 | +€329,827 | +9076.0% |
| Land and buildings | 22 | - | €329,968 | +€329,968 | |
| Plant, machinery and equipment | 23 | €1,631 | €2,219 | +€588 | +36.1% |
| Furniture and vehicles | 24 | €520 | €226 | -€294 | -56.6% |
| Leasing and similar rights | 25 | €1,271 | €862 | -€409 | -32.2% |
| Other tangible fixed assets | 26 | €212 | €186 | -€26 | -12.1% |
| Current assets | 29/58 | €112,359 | €80,851 | -€31,508 | -28.0% |
| Amounts receivable after more than one year | 29 | €50,000 | - | -€50,000 | |
| Other amounts receivable | 291 | €50,000 | - | -€50,000 | |
| Amounts receivable within one year | 40/41 | €37,289 | €46,780 | +€9,491 | +25.5% |
| Trade receivables | 40 | €28,959 | €45,196 | +€16,238 | +56.1% |
| Other amounts receivable | 41 | €8,331 | €1,584 | -€6,747 | -81.0% |
| Cash at bank and in hand | 54/58 | €24,159 | €33,871 | +€9,713 | +40.2% |
| Deferred charges and accrued income | 490/1 | €911 | €200 | -€711 | -78.1% |
| Total equity and liabilities | 10/49 | €115,993 | €414,312 | +€298,319 | +257.2% |
| Equity | 10/15 | €99,697 | €129,989 | +€30,293 | +30.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €96,697 | €126,989 | +€30,293 | +31.3% |
| Distributable reserves | 133 | €96,697 | €126,989 | +€30,293 | +31.3% |
| Amounts payable | 17/49 | €16,297 | €284,323 | +€268,026 | +1644.7% |
| Amounts payable after more than one year | 17 | - | €256,756 | +€256,756 | |
| Financial debts | 170/4 | - | €256,756 | +€256,756 | |
| Amounts payable within one year | 42/48 | €16,297 | €26,767 | +€10,470 | +64.2% |
| Current portion of amounts payable after more than one year | 42 | - | €12,886 | +€12,886 | |
| Trade debts | 44 | €4,539 | €3,175 | -€1,365 | -30.1% |
| Suppliers | 440/4 | €4,539 | €3,175 | -€1,365 | -30.1% |
| Taxes, remuneration and social security | 45 | €8,997 | €10,706 | +€1,709 | +19.0% |
| Taxes | 450/3 | €5,997 | €10,706 | +€4,709 | +78.5% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €2,760 | - | -€2,760 | |
| Accrued charges and deferred income | 492/3 | - | €800 | +€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,113 | €9,180 | +€8,067 | +725.1% |
| Other operating charges | 640/8 | €371 | €941 | +€570 | +153.8% |
| Gross operating margin | 9900 | €28,901 | €59,513 | +€30,612 | +105.9% |
| Operating profit (loss) | 9901 | €27,418 | €49,393 | +€21,975 | +80.1% |
| Financial income | 75/76B | €2,762 | €0 | -€2,762 | -100.0% |
| Recurring financial income | 75 | €2,762 | €0 | -€2,762 | -100.0% |
| Financial charges | 65/66B | €689 | €9,849 | +€9,160 | +1328.8% |
| Recurring financial charges | 65 | €689 | €9,849 | +€9,160 | +1328.8% |
| Profit (loss) for the period before taxes | 9903 | €29,490 | €39,544 | +€10,054 | +34.1% |
| Income taxes | 67/77 | €6,699 | €9,251 | +€2,552 | +38.1% |
| Profit (loss) for the period | 9904 | €22,791 | €30,293 | +€7,502 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,791 | €30,293 | +€7,502 | +32.9% |
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 9 October 2026 via checked.be.