TOMAXIE: 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.
TOMAXIE
Largest movements
- Stocks and contracts +€397,864
up €397,864 (+101.8%), from €390,992 to €788,856
- Receivables within one year +€50,168
up €50,168 (+14.6%), from €343,073 to €393,241
- Cash -€13,161
down €13,161 (-14.9%), from €88,354 to €75,193
mainly Stocks and contracts (-€397,864) and Receivables within one year (-€50,168)
- Current portion of long-term debt +€203,791
up €203,791 (+71.6%), from €284,750 to €488,541
- Reserves +€200,382
up €200,382 (+70.4%), from €284,817 to €485,199
- Tax, wage and social debts +€25,091
up €25,091 (+65.8%), from €38,124 to €63,215
- Gross operating margin +€125,890
up €125,890 (+64.5%), from €195,085 to €320,975
- Taxes +€63,777
up €63,777 (+192.0%), from €33,219 to €96,996
- Financial charges -€25,381
down €25,381 (-53.4%), from €47,517 to €22,136
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 | €832,986 | €1,268,334 | +€435,348 | +52.3% |
| Current assets | 29/58 | €832,986 | €1,268,334 | +€435,348 | +52.3% |
| Stocks and contracts in progress | 3 | €390,992 | €788,856 | +€397,864 | +101.8% |
| Stocks | 30/36 | €390,992 | €788,856 | +€397,864 | +101.8% |
| Amounts receivable within one year | 40/41 | €343,073 | €393,241 | +€50,168 | +14.6% |
| Other amounts receivable | 41 | €343,073 | €393,241 | +€50,168 | +14.6% |
| Cash at bank and in hand | 54/58 | €88,354 | €75,193 | -€13,161 | -14.9% |
| Deferred charges and accrued income | 490/1 | €10,567 | €11,045 | +€478 | +4.5% |
| Total equity and liabilities | 10/49 | €832,986 | €1,268,334 | +€435,348 | +52.3% |
| Equity | 10/15 | €434,817 | €635,199 | +€200,382 | +46.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Contributions outside capital | 11 | €150,000 | €150,000 | = | 0.0% |
| Other | 1109/19 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €284,817 | €485,199 | +€200,382 | +70.4% |
| Distributable reserves | 133 | €284,817 | €485,199 | +€200,382 | +70.4% |
| Amounts payable | 17/49 | €398,169 | €633,135 | +€234,966 | +59.0% |
| Amounts payable after more than one year | 17 | €66,520 | €71,520 | +€5,000 | +7.5% |
| Other amounts payable | 178/9 | €66,520 | €71,520 | +€5,000 | +7.5% |
| Amounts payable within one year | 42/48 | €326,028 | €554,289 | +€228,261 | +70.0% |
| Current portion of amounts payable after more than one year | 42 | €284,750 | €488,541 | +€203,791 | +71.6% |
| Taxes, remuneration and social security | 45 | €38,124 | €63,215 | +€25,091 | +65.8% |
| Taxes | 450/3 | €38,124 | €63,215 | +€25,091 | +65.8% |
| Other amounts payable | 47/48 | €3,154 | €2,533 | -€620 | -19.7% |
| Accrued charges and deferred income | 492/3 | €5,622 | €7,326 | +€1,705 | +30.3% |
| Other operating charges | 640/8 | €10,505 | €10,850 | +€344 | +3.3% |
| Gross operating margin | 9900 | €195,085 | €320,975 | +€125,890 | +64.5% |
| Operating profit (loss) | 9901 | €184,580 | €310,126 | +€125,546 | +68.0% |
| Financial income | 75/76B | €10,567 | €11,054 | +€488 | +4.6% |
| Recurring financial income | 75 | €10,567 | €11,054 | +€488 | +4.6% |
| Financial charges | 65/66B | €47,517 | €22,136 | -€25,381 | -53.4% |
| Recurring financial charges | 65 | €47,517 | €22,136 | -€25,381 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €147,629 | €299,044 | +€151,415 | +102.6% |
| Income taxes | 67/77 | €33,219 | €96,996 | +€63,777 | +192.0% |
| Profit (loss) for the period | 9904 | €114,410 | €202,048 | +€87,638 | +76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €114,410 | €202,048 | +€87,638 | +76.6% |
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 10 October 2026 via checked.be.