TOMHAGEN: 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.
TOMHAGEN
Largest movements
- Receivables within one year +€27,697
up €27,697 (+7.9%), from €352,442 to €380,138
of which Other amounts receivable: +€29,101
- Tangible fixed assets -€6,920
down €6,920 (-4.3%), from €160,696 to €153,776
- Profit (loss) carried forward +€79,608
no longer reported in 2025 (was -€79,608)
- Reserves -€62,873
down €62,873 (-24.3%), from €259,128 to €196,255
- Advances received +€7,100
new in 2025: €7,100
- Write-downs -€69,106
down €69,106 (-100%), from €69,106 to €0
- Gross operating margin +€51,636
up €51,636, from -€17,319 to €34,317
- Financial income -€23,285
down €23,285 (-71.3%), from €32,655 to €9,371
- Depreciation -€2,859
down €2,859 (-12.4%), from €23,113 to €20,254
- Financial charges -€1,081
down €1,081 (-72.8%), from €1,486 to €405
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 | €520,099 | €539,833 | +€19,734 | +3.8% |
| Fixed assets | 21/28 | €160,696 | €153,776 | -€6,920 | -4.3% |
| Tangible fixed assets | 22/27 | €160,696 | €153,776 | -€6,920 | -4.3% |
| Plant, machinery and equipment | 23 | €1,340 | €1,121 | -€219 | -16.4% |
| Furniture and vehicles | 24 | €23,519 | €20,192 | -€3,327 | -14.1% |
| Other tangible fixed assets | 26 | €135,836 | €132,463 | -€3,374 | -2.5% |
| Current assets | 29/58 | €359,402 | €386,057 | +€26,654 | +7.4% |
| Amounts receivable within one year | 40/41 | €352,442 | €380,138 | +€27,697 | +7.9% |
| Trade receivables | 40 | €178,519 | €177,115 | -€1,405 | -0.8% |
| Other amounts receivable | 41 | €173,923 | €203,024 | +€29,101 | +16.7% |
| Cash at bank and in hand | 54/58 | €1,074 | €25 | -€1,049 | -97.7% |
| Deferred charges and accrued income | 490/1 | €5,887 | €5,893 | +€6 | +0.1% |
| Total equity and liabilities | 10/49 | €520,099 | €539,833 | +€19,734 | +3.8% |
| Equity | 10/15 | €198,120 | €214,855 | +€16,735 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €259,128 | €196,255 | -€62,873 | -24.3% |
| Distributable reserves | 133 | €259,128 | €196,255 | -€62,873 | -24.3% |
| Profit (loss) carried forward | 14 | -€79,608 | - | +€79,608 | |
| Amounts payable | 17/49 | €321,979 | €324,978 | +€2,999 | +0.9% |
| Amounts payable within one year | 42/48 | €321,979 | €324,978 | +€2,999 | +0.9% |
| Trade debts | 44 | €6,929 | €5,964 | -€965 | -13.9% |
| Suppliers | 440/4 | €6,929 | €5,964 | -€965 | -13.9% |
| Advances received on contracts in progress | 46 | - | €7,100 | +€7,100 | |
| Taxes, remuneration and social security | 45 | €2,378 | €302 | -€2,076 | -87.3% |
| Taxes | 450/3 | €253 | €302 | +€49 | +19.4% |
| Remuneration and social security | 454/9 | €2,125 | €0 | -€2,125 | -100% |
| Other amounts payable | 47/48 | €312,672 | €311,612 | -€1,060 | -0.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,113 | €20,254 | -€2,859 | -12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €69,106 | €0 | -€69,106 | -100% |
| Other operating charges | 640/8 | €986 | €587 | -€399 | -40.5% |
| Non-recurring operating charges | 66A | €0 | €5,406 | +€5,406 | |
| Gross operating margin | 9900 | -€17,319 | €34,317 | +€51,636 | |
| Operating profit (loss) | 9901 | -€110,524 | €8,071 | +€118,595 | |
| Financial income | 75/76B | €32,655 | €9,371 | -€23,285 | -71.3% |
| Recurring financial income | 75 | €32,655 | €9,371 | -€23,285 | -71.3% |
| Financial charges | 65/66B | €1,486 | €405 | -€1,081 | -72.8% |
| Recurring financial charges | 65 | €1,486 | €405 | -€1,081 | -72.8% |
| Profit (loss) for the period before taxes | 9903 | -€79,355 | €17,037 | +€96,392 | |
| Income taxes | 67/77 | €253 | €302 | +€49 | +19.4% |
| Profit (loss) for the period | 9904 | -€79,608 | €16,735 | +€96,343 | |
| Profit (loss) for the period to be appropriated | 9905 | -€79,608 | €16,735 | +€96,343 |
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 28 October 2026 via checked.be.