TOM & ILONA: 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 & ILONA
Largest movements
- Tangible fixed assets -€128,892
down €128,892 (-10.0%), from €1.3m to €1.2m
of which Plant, machinery and equipment: -€80,511
- Cash +€114,528
up €114,528 (+77.6%), from €147,569 to €262,097
mainly Depreciation (+€221,335) and Short-term financial debts (+€120,293)
- Deferred charges and accrued income -€32,238
down €32,238 (-83.6%), from €38,567 to €6,329
- Current portion of long-term debt -€131,692
down €131,692 (-70.8%), from €186,010 to €54,319
- Short-term financial debts +€120,293
up €120,293 (+563%), from €21,374 to €141,667
- Trade debts -€58,208
down €58,208 (-29.5%), from €197,237 to €139,029
- Reserves +€55,515
up €55,515 (+28.0%), from €198,520 to €254,034
of which Distributable reserves: +€55,515
- Debts after one year -€54,487
down €54,487 (-11.7%), from €465,994 to €411,507
- Gross operating margin +€220,173
up €220,173 (+19.0%), from €1.2m to €1.4m
- Staff costs +€88,865
up €88,865 (+9.5%), from €931,504 to €1.0m
- Depreciation +€60,041
up €60,041 (+37.2%), from €161,295 to €221,335
- Financial charges +€15,003
up €15,003 (+29.2%), from €51,332 to €66,335
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 | €1,747,737 | €1,697,539 | -€50,198 | -2.9% |
| Fixed assets | 21/28 | €1,287,590 | €1,158,697 | -€128,892 | -10.0% |
| Tangible fixed assets | 22/27 | €1,285,065 | €1,156,172 | -€128,892 | -10.0% |
| Land and buildings | 22 | €802,946 | €795,679 | -€7,268 | -0.9% |
| Plant, machinery and equipment | 23 | €401,947 | €321,436 | -€80,511 | -20.0% |
| Furniture and vehicles | 24 | €26,431 | €25,038 | -€1,393 | -5.3% |
| Leasing and similar rights | 25 | €31,547 | €14,020 | -€17,527 | -55.6% |
| Other tangible fixed assets | 26 | €22,194 | €0 | -€22,194 | -100% |
| Financial fixed assets | 28 | €2,525 | €2,525 | = | 0.0% |
| Current assets | 29/58 | €460,147 | €538,841 | +€78,694 | +17.1% |
| Stocks and contracts in progress | 3 | €61,578 | €63,230 | +€1,653 | +2.7% |
| Stocks | 30/36 | €61,578 | €63,230 | +€1,653 | +2.7% |
| Amounts receivable within one year | 40/41 | €212,434 | €207,185 | -€5,248 | -2.5% |
| Trade receivables | 40 | €2,327 | €2,226 | -€101 | -4.3% |
| Other amounts receivable | 41 | €210,106 | €204,959 | -€5,148 | -2.5% |
| Cash at bank and in hand | 54/58 | €147,569 | €262,097 | +€114,528 | +77.6% |
| Deferred charges and accrued income | 490/1 | €38,567 | €6,329 | -€32,238 | -83.6% |
| Total equity and liabilities | 10/49 | €1,747,737 | €1,697,539 | -€50,198 | -2.9% |
| Equity | 10/15 | €372,520 | €428,034 | +€55,515 | +14.9% |
| Contributions | 10/11 | €174,000 | €174,000 | = | 0.0% |
| Capital | 10 | €174,000 | €174,000 | = | 0.0% |
| Issued capital | 100 | €174,000 | €174,000 | = | 0.0% |
| Reserves | 13 | €198,520 | €254,034 | +€55,515 | +28.0% |
| Non-distributable reserves | 130/1 | €17,400 | €17,400 | = | 0.0% |
| Legal reserve | 130 | €17,400 | €17,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €132 | €132 | = | 0.0% |
| Distributable reserves | 133 | €180,988 | €236,502 | +€55,515 | +30.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,375,217 | €1,269,504 | -€105,713 | -7.7% |
| Amounts payable after more than one year | 17 | €465,994 | €411,507 | -€54,487 | -11.7% |
| Financial debts | 170/4 | €465,994 | €411,507 | -€54,487 | -11.7% |
| Amounts payable within one year | 42/48 | €909,223 | €857,997 | -€51,226 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €186,010 | €54,319 | -€131,692 | -70.8% |
| Financial debts | 43 | €21,374 | €141,667 | +€120,293 | +563% |
| Credit institutions | 430/8 | €21,374 | €141,667 | +€120,293 | +563% |
| Trade debts | 44 | €197,237 | €139,029 | -€58,208 | -29.5% |
| Suppliers | 440/4 | €197,237 | €139,029 | -€58,208 | -29.5% |
| Advances received on contracts in progress | 46 | €9,157 | €8,522 | -€636 | -6.9% |
| Taxes, remuneration and social security | 45 | €151,229 | €165,236 | +€14,007 | +9.3% |
| Taxes | 450/3 | €34,177 | €47,560 | +€13,383 | +39.2% |
| Remuneration and social security | 454/9 | €117,053 | €117,677 | +€624 | +0.5% |
| Other amounts payable | 47/48 | €344,216 | €349,225 | +€5,008 | +1.5% |
| Non-recurring operating income | 76A | €1,437 | €3,239 | +€1,802 | +125% |
| Remuneration, social security and pensions | 62 | €931,504 | €1,020,369 | +€88,865 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,295 | €221,335 | +€60,041 | +37.2% |
| Other operating charges | 640/8 | €13,341 | €20,674 | +€7,334 | +55.0% |
| Non-recurring operating charges | 66A | €6,021 | €0 | -€6,021 | -100% |
| Gross operating margin | 9900 | €1,160,555 | €1,380,728 | +€220,173 | +19.0% |
| Operating profit (loss) | 9901 | €48,395 | €118,350 | +€69,954 | +145% |
| Financial income | 75/76B | €18,521 | €9,052 | -€9,470 | -51.1% |
| Recurring financial income | 75 | €18,521 | €9,052 | -€9,470 | -51.1% |
| Financial charges | 65/66B | €51,332 | €66,335 | +€15,003 | +29.2% |
| Recurring financial charges | 65 | €51,332 | €66,335 | +€15,003 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | €15,585 | €61,066 | +€45,481 | +292% |
| Income taxes | 67/77 | €217 | €5,551 | +€5,334 | +2,457% |
| Profit (loss) for the period | 9904 | €15,368 | €55,515 | +€40,147 | +261% |
| Profit (loss) for the period to be appropriated | 9905 | €15,368 | €55,515 | +€40,147 | +261% |
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 24 October 2026 via checked.be.