TOMFRO: 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.
TOMFRO
Largest movements
- Cash -€37,341
down €37,341 (-55.5%), from €67,293 to €29,952
mainly Other debts (-€74,580) and Net result for the year (-€44,914)
- Stocks and contracts +€11,906
up €11,906 (+6.3%), from €187,808 to €199,715
- Tangible fixed assets -€9,606
down €9,606 (-17.4%), from €55,196 to €45,590
of which Plant, machinery and equipment: -€9,235
- Receivables within one year +€4,808
up €4,808 (+118.9%), from €4,045 to €8,853
of which Other amounts receivable: +€5,029
- Other debts -€74,580
down €74,580 (-99.4%), from €75,000 to €420
- Debts after one year +€74,400
new in 2026: €74,400
- Profit (loss) carried forward -€44,914
down €44,914, from €1,581 to -€43,333
- Trade debts +€5,470
up €5,470 (+3.8%), from €142,517 to €147,987
- Tax, wage and social debts +€3,801
up €3,801 (+10.7%), from €35,419 to €39,220
of which Remuneration and social security: +€7,018
- Turnover -€96,382
down €96,382 (-6.7%), from €1.4m to €1.3m
- Goods and materials -€45,503
down €45,503 (-5.1%), from €894,554 to €849,052
of which Change in stocks: decrease (increase): -€33,619
- Depreciation -€15,594
down €15,594 (-61.9%), from €25,200 to €9,606
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €319,579 | €287,910 | -€31,668 | -9.9% |
| Fixed assets | 21/28 | €55,433 | €45,827 | -€9,606 | -17.3% |
| Tangible fixed assets | 22/27 | €55,196 | €45,590 | -€9,606 | -17.4% |
| Plant, machinery and equipment | 23 | €54,733 | €45,499 | -€9,235 | -16.9% |
| Furniture and vehicles | 24 | €462 | €91 | -€371 | -80.2% |
| Financial fixed assets | 28 | €237 | €237 | = | 0.0% |
| Other financial fixed assets | 284/8 | €237 | €237 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €237 | €237 | = | 0.0% |
| Current assets | 29/58 | €264,146 | €242,083 | -€22,063 | -8.4% |
| Stocks and contracts in progress | 3 | €187,808 | €199,715 | +€11,906 | +6.3% |
| Stocks | 30/36 | €187,808 | €199,715 | +€11,906 | +6.3% |
| Goods purchased for resale | 34 | €187,808 | €199,715 | +€11,906 | +6.3% |
| Amounts receivable within one year | 40/41 | €4,045 | €8,853 | +€4,808 | +118.9% |
| Trade receivables | 40 | €3,343 | €3,121 | -€221 | -6.6% |
| Other amounts receivable | 41 | €703 | €5,732 | +€5,029 | +715.9% |
| Cash at bank and in hand | 54/58 | €67,293 | €29,952 | -€37,341 | -55.5% |
| Deferred charges and accrued income | 490/1 | €4,999 | €3,564 | -€1,436 | -28.7% |
| Total equity and liabilities | 10/49 | €319,579 | €287,910 | -€31,668 | -9.9% |
| Equity | 10/15 | €51,581 | €6,667 | -€44,914 | -87.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,581 | -€43,333 | -€44,914 | |
| Amounts payable | 17/49 | €267,998 | €281,244 | +€13,246 | +4.9% |
| Amounts payable after more than one year | 17 | - | €74,400 | +€74,400 | |
| Other amounts payable | 178/9 | - | €74,400 | +€74,400 | |
| Amounts payable within one year | 42/48 | €267,998 | €206,844 | -€61,154 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €15,062 | €16,340 | +€1,279 | +8.5% |
| Financial debts | 43 | - | €2,876 | +€2,876 | |
| Credit institutions | 430/8 | - | €2,876 | +€2,876 | |
| Trade debts | 44 | €142,517 | €147,987 | +€5,470 | +3.8% |
| Suppliers | 440/4 | €142,517 | €147,987 | +€5,470 | +3.8% |
| Taxes, remuneration and social security | 45 | €35,419 | €39,220 | +€3,801 | +10.7% |
| Taxes | 450/3 | €9,302 | €6,086 | -€3,217 | -34.6% |
| Remuneration and social security | 454/9 | €26,116 | €33,135 | +€7,018 | +26.9% |
| Other amounts payable | 47/48 | €75,000 | €420 | -€74,580 | -99.4% |
| Operating income | 70/76A | €1,440,776 | €1,348,321 | -€92,455 | -6.4% |
| Turnover | 70 | €1,431,082 | €1,334,701 | -€96,382 | -6.7% |
| Other operating income | 74 | €9,694 | €13,621 | +€3,927 | +40.5% |
| Operating charges | 60/66A | €1,424,733 | €1,386,987 | -€37,746 | -2.6% |
| Goods for resale, raw materials and consumables | 60 | €894,554 | €849,052 | -€45,503 | -5.1% |
| Purchases | 600/8 | €872,842 | €860,958 | -€11,883 | -1.4% |
| Change in stocks: decrease (increase) | 609 | €21,713 | -€11,906 | -€33,619 | |
| Services and other goods | 61 | €363,924 | €375,526 | +€11,602 | +3.2% |
| Remuneration, social security and pensions | 62 | €135,906 | €146,491 | +€10,585 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,200 | €9,606 | -€15,594 | -61.9% |
| Other operating charges | 640/8 | €5,149 | €6,312 | +€1,163 | +22.6% |
| Operating profit (loss) | 9901 | €16,043 | -€38,666 | -€54,709 | |
| Financial income | 75/76B | €336 | €78 | -€258 | -76.8% |
| Recurring financial income | 75 | €336 | €78 | -€258 | -76.8% |
| Other financial income | 752/9 | €336 | €78 | -€258 | -76.8% |
| Financial charges | 65/66B | €6,540 | €6,127 | -€413 | -6.3% |
| Recurring financial charges | 65 | €6,540 | €6,127 | -€413 | -6.3% |
| Debt charges | 650 | €2,223 | €1,773 | -€450 | -20.2% |
| Other financial charges | 652/9 | €4,317 | €4,354 | +€37 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €9,840 | -€44,714 | -€54,554 | |
| Income taxes | 67/77 | €3,860 | €200 | -€3,660 | -94.8% |
| Taxes | 670/3 | €3,860 | €200 | -€3,660 | -94.8% |
| Profit (loss) for the period | 9904 | €5,980 | -€44,914 | -€50,894 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,980 | -€44,914 | -€50,894 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.