TOMSTEEL: what changed
What changed
TOMSTEEL
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€4,349
2024 · €91,749-€87,400
Equity
€667,552
2024 · €664,311+€3,241
Cash
€418,041
2024 · €382,766+€35,275
Balance sheet total
€1.1m
2024 · €1.9m-€823,182
Largest movements
Assets
- Receivables within one year -€864,619
down €864,619 (-84.1%), from €1.0m to €163,743
of which Other amounts receivable: -€749,262
- Current investments +€40,966
up €40,966 (+14.2%), from €288,497 to €329,464
- Cash +€35,275
up €35,275 (+9.2%), from €382,766 to €418,041
mainly Receivables within one year (+€864,619) and Depreciation (+€26,707)
- Formation expenses -€25,766
down €25,766 (-40.0%), from €64,421 to €38,655
Equity and liabilities
- Trade debts -€738,205
down €738,205 (-77.2%), from €956,008 to €217,803
- Other debts -€64,368
down €64,368 (-22.8%), from €282,516 to €218,147
Income statement
- Gross operating margin -€137,065
down €137,065 (-99.5%), from €137,720 to €654
- Staff costs -€101,627
down €101,627 (-98.0%), from €103,730 to €2,103
- Write-downs -€41,533
down €41,533, from €18,957 to -€22,576
- Depreciation +€13,592
up €13,592 (+104%), from €13,115 to €26,707
- Financial charges +€3,708
up €3,708 (+19.4%), from -€19,072 to -€15,364
of which Non-recurring financial charges: +€3,809
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€91,749
Gross operating margin
-€137,065
Staff costs
+€101,627
Depreciation
-€13,592
Write-downs
+€41,533
Provisions
-€1,850
Other operating charges
-€34
Other operating items
-€71,560
Financial income
-€3,512
Financial charges
-€3,708
Taxes
+€761
Result 2025
€4,349
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€78,534
Investment
-€42,150
Financing
-€1,108
Cash 2024
€382,766
From operations (derived)
+€78,534
Net result for the year
+€4,349
Depreciation
+€26,707
Stocks and contracts
+€9,284
Receivables within one year
+€864,619
Deferred charges and accrued income
-€3
Provisions
-€3,195
Trade debts
-€738,205
Tax, wage and social debts
-€18,385
Other debts
-€64,368
Accrued charges and deferred income
-€2,268
Investment (derived)
-€42,150
Investment in fixed assets (net)
-€1,184
Current investments
-€40,966
Financing
-€1,108
Contributions, distributions and other
-€1,108
Cash 2025
€418,041
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,948,392 | €1,125,210 | -€823,182 | -42.2% |
| Formation expenses | 20 | €64,421 | €38,655 | -€25,766 | -40.0% |
| Fixed assets | 21/28 | €23,196 | €23,438 | +€243 | +1.0% |
| Tangible fixed assets | 22/27 | €23,196 | €23,438 | +€243 | +1.0% |
| Land and buildings | 22 | €22,122 | €21,979 | -€142 | -0.6% |
| Furniture and vehicles | 24 | €1,074 | €1,459 | +€385 | +35.9% |
| Current assets | 29/58 | €1,860,775 | €1,063,117 | -€797,658 | -42.9% |
| Stocks and contracts in progress | 3 | €161,059 | €151,775 | -€9,284 | -5.8% |
| Stocks | 30/36 | €161,059 | €151,775 | -€9,284 | -5.8% |
| Amounts receivable within one year | 40/41 | €1,028,362 | €163,743 | -€864,619 | -84.1% |
| Trade receivables | 40 | €210,413 | €95,056 | -€115,357 | -54.8% |
| Other amounts receivable | 41 | €817,949 | €68,687 | -€749,262 | -91.6% |
| Current investments | 50/53 | €288,497 | €329,464 | +€40,966 | +14.2% |
| Cash at bank and in hand | 54/58 | €382,766 | €418,041 | +€35,275 | +9.2% |
| Deferred charges and accrued income | 490/1 | €91 | €94 | +€3 | +3.4% |
| Total equity and liabilities | 10/49 | €1,948,392 | €1,125,210 | -€823,182 | -42.2% |
| Equity | 10/15 | €664,311 | €667,552 | +€3,241 | +0.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Capital | 10 | €7,000 | €7,000 | = | 0.0% |
| Issued capital | 100 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €651,432 | €655,781 | +€4,349 | +0.7% |
| Investment grants | 15 | €3,879 | €2,771 | -€1,108 | -28.6% |
| Provisions and deferred taxes | 16 | €20,104 | €16,909 | -€3,195 | -15.9% |
| Provisions for liabilities and charges | 160/5 | €20,104 | €16,909 | -€3,195 | -15.9% |
| Major repairs and maintenance | 162 | €4,700 | €7,250 | +€2,550 | +54.3% |
| Environmental obligations | 163 | €15,404 | €9,659 | -€5,745 | -37.3% |
| Amounts payable | 17/49 | €1,263,977 | €440,750 | -€823,227 | -65.1% |
| Amounts payable after more than one year | 17 | €2,050 | €2,050 | = | 0.0% |
| Other amounts payable | 178/9 | €2,050 | €2,050 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,259,209 | €438,250 | -€820,959 | -65.2% |
| Trade debts | 44 | €956,008 | €217,803 | -€738,205 | -77.2% |
| Suppliers | 440/4 | €956,008 | €217,803 | -€738,205 | -77.2% |
| Taxes, remuneration and social security | 45 | €20,685 | €2,300 | -€18,385 | -88.9% |
| Taxes | 450/3 | €1,146 | €2,300 | +€1,154 | +101% |
| Remuneration and social security | 454/9 | €19,540 | - | -€19,540 | |
| Other amounts payable | 47/48 | €282,516 | €218,147 | -€64,368 | -22.8% |
| Accrued charges and deferred income | 492/3 | €2,718 | €450 | -€2,268 | -83.4% |
| Remuneration, social security and pensions | 62 | €103,730 | €2,103 | -€101,627 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,115 | €26,707 | +€13,592 | +104% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,957 | -€22,576 | -€41,533 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €700 | €2,550 | +€1,850 | +264% |
| Other operating charges | 640/8 | €1,053 | €1,086 | +€34 | +3.2% |
| Operating charges capitalised as restructuring costs | 649 | -€77,306 | - | +€77,306 | |
| Non-recurring operating charges | 66A | €15,404 | €9,659 | -€5,745 | -37.3% |
| Gross operating margin | 9900 | €137,720 | €654 | -€137,065 | -99.5% |
| Operating profit (loss) | 9901 | €62,066 | -€18,875 | -€80,941 | |
| Financial income | 75/76B | €13,733 | €10,221 | -€3,512 | -25.6% |
| Recurring financial income | 75 | €13,733 | €10,221 | -€3,512 | -25.6% |
| Financial charges | 65/66B | -€19,072 | -€15,364 | +€3,708 | +19.4% |
| Recurring financial charges | 65 | €141 | €40 | -€102 | -71.9% |
| Non-recurring financial charges | 66B | -€19,213 | -€15,404 | +€3,809 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €94,871 | €6,710 | -€88,161 | -92.9% |
| Income taxes | 67/77 | €3,122 | €2,361 | -€761 | -24.4% |
| Profit (loss) for the period | 9904 | €91,749 | €4,349 | -€87,400 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €91,749 | €4,349 | -€87,400 | -95.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.