ToManage: 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.
ToManage
Largest movements
- Current investments -€10,774
down €10,774 (-100%), from €10,774 to €0
- Receivables within one year -€7,290
down €7,290 (-48.1%), from €15,156 to €7,866
- Cash +€4,182
up €4,182 (+88.0%), from €4,754 to €8,936
mainly Current investments (+€10,774) and Receivables within one year (+€7,290)
- Tangible fixed assets -€3,489
down €3,489 (-44.8%), from €7,790 to €4,301
of which Furniture and vehicles: -€1,912
- Tax, wage and social debts -€8,768
down €8,768 (-71.4%), from €12,283 to €3,515
of which Taxes: -€7,504
- Reserves -€8,710
down €8,710 (-44.2%), from €19,710 to €11,000
- Profit (loss) carried forward -€3,297
down €3,297, from €0 to -€3,297
- Advances received +€3,076
new in 2025: €3,076
- Trade debts +€778
up €778 (+24.3%), from €3,206 to €3,984
- Turnover -€37,875
down €37,875 (-21.7%), from €174,471 to €136,596
- Purchases and services -€31,700
down €31,700 (-19.4%), from €163,279 to €131,579
- Staff costs +€7,143
up €7,143 (+81.2%), from €8,801 to €15,944
- Gross operating margin -€5,859
down €5,859 (-38.7%), from €15,132 to €9,273
- Taxes -€2,245
down €2,245 (-89.3%), from €2,515 to €269
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 | €42,426 | €24,764 | -€17,662 | -41.6% |
| Fixed assets | 21/28 | €7,790 | €4,301 | -€3,489 | -44.8% |
| Tangible fixed assets | 22/27 | €7,790 | €4,301 | -€3,489 | -44.8% |
| Plant, machinery and equipment | 23 | €1,726 | €149 | -€1,577 | -91.4% |
| Furniture and vehicles | 24 | €6,064 | €4,152 | -€1,912 | -31.5% |
| Current assets | 29/58 | €34,636 | €20,463 | -€14,173 | -40.9% |
| Amounts receivable within one year | 40/41 | €15,156 | €7,866 | -€7,290 | -48.1% |
| Trade receivables | 40 | €15,156 | €7,866 | -€7,290 | -48.1% |
| Current investments | 50/53 | €10,774 | €0 | -€10,774 | -100% |
| Cash at bank and in hand | 54/58 | €4,754 | €8,936 | +€4,182 | +88.0% |
| Deferred charges and accrued income | 490/1 | €3,952 | €3,661 | -€291 | -7.4% |
| Total equity and liabilities | 10/49 | €42,426 | €24,764 | -€17,662 | -41.6% |
| Equity | 10/15 | €25,910 | €13,903 | -€12,007 | -46.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,710 | €11,000 | -€8,710 | -44.2% |
| Distributable reserves | 133 | €19,710 | €11,000 | -€8,710 | -44.2% |
| Profit (loss) carried forward | 14 | €0 | -€3,297 | -€3,297 | |
| Amounts payable | 17/49 | €16,517 | €10,861 | -€5,656 | -34.2% |
| Amounts payable within one year | 42/48 | €16,076 | €10,861 | -€5,215 | -32.4% |
| Financial debts | 43 | €280 | €164 | -€115 | -41.3% |
| Credit institutions | 430/8 | €280 | €164 | -€115 | -41.3% |
| Trade debts | 44 | €3,206 | €3,984 | +€778 | +24.3% |
| Suppliers | 440/4 | €3,206 | €3,984 | +€778 | +24.3% |
| Advances received on contracts in progress | 46 | - | €3,076 | +€3,076 | |
| Taxes, remuneration and social security | 45 | €12,283 | €3,515 | -€8,768 | -71.4% |
| Taxes | 450/3 | €11,019 | €3,515 | -€7,504 | -68.1% |
| Remuneration and social security | 454/9 | €1,264 | €0 | -€1,264 | -100% |
| Other amounts payable | 47/48 | €307 | €121 | -€186 | -60.6% |
| Accrued charges and deferred income | 492/3 | €440 | €0 | -€440 | -100% |
| Turnover | 70 | €174,471 | €136,596 | -€37,875 | -21.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €163,279 | €131,579 | -€31,700 | -19.4% |
| Remuneration, social security and pensions | 62 | €8,801 | €15,944 | +€7,143 | +81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,022 | €2,293 | +€271 | +13.4% |
| Other operating charges | 640/8 | €1,333 | €1,582 | +€248 | +18.6% |
| Non-recurring operating charges | 66A | - | €931 | +€931 | |
| Gross operating margin | 9900 | €15,132 | €9,273 | -€5,859 | -38.7% |
| Operating profit (loss) | 9901 | €2,976 | -€11,476 | -€14,452 | |
| Financial income | 75/76B | €21 | €14 | -€8 | -36.1% |
| Recurring financial income | 75 | €21 | €14 | -€8 | -36.1% |
| Financial charges | 65/66B | €184 | €275 | +€91 | +49.4% |
| Recurring financial charges | 65 | €184 | €275 | +€91 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €2,813 | -€11,737 | -€14,551 | |
| Income taxes | 67/77 | €2,515 | €269 | -€2,245 | -89.3% |
| Profit (loss) for the period | 9904 | €299 | -€12,007 | -€12,305 | |
| Profit (loss) for the period to be appropriated | 9905 | €299 | -€12,007 | -€12,305 |
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 23 October 2026 via checked.be.