TONA: 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.
TONA
Largest movements
- Cash +€15,292
up €15,292 (+196.0%), from €7,803 to €23,094
mainly Advances received (+€43,893) and Depreciation (+€15,255)
- Tangible fixed assets -€7,662
down €7,662 (-11.0%), from €69,673 to €62,012
of which Furniture and vehicles: -€7,437
- Receivables within one year +€5,331
up €5,331 (+116.9%), from €4,562 to €9,893
- Advances received +€43,893
up €43,893 (+36275.6%), from €121 to €44,014
- Profit (loss) carried forward -€11,824
down €11,824 (-28.0%), from -€42,226 to -€54,050
- Tax, wage and social debts -€10,181
down €10,181 (-90.2%), from €11,293 to €1,111
of which Taxes: -€6,518
- Trade debts -€3,906
down €3,906 (-35.1%), from €11,139 to €7,233
- Debts after one year -€3,849
down €3,849 (-6.8%), from €56,636 to €52,787
of which Financial debts: -€3,849
- Gross operating margin -€20,467
down €20,467 (-70.0%), from €29,235 to €8,769
- Staff costs -€4,233
no longer reported in 2024 (was €4,233)
- Depreciation +€2,335
up €2,335 (+18.1%), from €12,920 to €15,255
- Other operating charges -€1,206
down €1,206 (-23.3%), from €5,187 to €3,981
- Financial charges -€498
down €498 (-28.8%), from €1,732 to €1,233
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,922 | €98,965 | +€12,043 | +13.9% |
| Fixed assets | 21/28 | €70,566 | €62,904 | -€7,662 | -10.9% |
| Tangible fixed assets | 22/27 | €69,673 | €62,012 | -€7,662 | -11.0% |
| Land and buildings | 22 | €12,395 | €12,395 | = | 0.0% |
| Plant, machinery and equipment | 23 | €35,114 | €34,889 | -€225 | -0.6% |
| Furniture and vehicles | 24 | €22,165 | €14,728 | -€7,437 | -33.6% |
| Financial fixed assets | 28 | €892 | €892 | = | 0.0% |
| Current assets | 29/58 | €16,356 | €36,060 | +€19,705 | +120.5% |
| Amounts receivable within one year | 40/41 | €4,562 | €9,893 | +€5,331 | +116.9% |
| Trade receivables | 40 | €4,562 | €9,893 | +€5,331 | +116.9% |
| Cash at bank and in hand | 54/58 | €7,803 | €23,094 | +€15,292 | +196.0% |
| Deferred charges and accrued income | 490/1 | €3,991 | €3,073 | -€918 | -23.0% |
| Total equity and liabilities | 10/49 | €86,922 | €98,965 | +€12,043 | +13.9% |
| Equity | 10/15 | -€23,156 | -€34,981 | -€11,824 | -51.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €477 | €477 | = | 0.0% |
| Non-distributable reserves | 130/1 | €477 | €477 | = | 0.0% |
| Reserves not available under the articles | 1311 | €477 | €477 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,226 | -€54,050 | -€11,824 | -28.0% |
| Amounts payable | 17/49 | €110,078 | €133,945 | +€23,867 | +21.7% |
| Amounts payable after more than one year | 17 | €56,636 | €52,787 | -€3,849 | -6.8% |
| Financial debts | 170/4 | €16,145 | €12,296 | -€3,849 | -23.8% |
| Other amounts payable | 178/9 | €40,491 | €40,491 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,398 | €81,070 | +€27,671 | +51.8% |
| Current portion of amounts payable after more than one year | 42 | €3,782 | €3,849 | +€67 | +1.8% |
| Financial debts | 43 | €23,040 | €23,000 | -€40 | -0.2% |
| Credit institutions | 430/8 | €40 | - | -€40 | |
| Other loans | 439 | €23,000 | €23,000 | = | 0.0% |
| Trade debts | 44 | €11,139 | €7,233 | -€3,906 | -35.1% |
| Suppliers | 440/4 | €11,139 | €7,233 | -€3,906 | -35.1% |
| Advances received on contracts in progress | 46 | €121 | €44,014 | +€43,893 | +36275.6% |
| Taxes, remuneration and social security | 45 | €11,293 | €1,111 | -€10,181 | -90.2% |
| Taxes | 450/3 | €7,629 | €1,111 | -€6,518 | -85.4% |
| Remuneration and social security | 454/9 | €3,664 | - | -€3,664 | |
| Other amounts payable | 47/48 | €4,023 | €1,862 | -€2,162 | -53.7% |
| Accrued charges and deferred income | 492/3 | €44 | €89 | +€45 | +101.4% |
| Remuneration, social security and pensions | 62 | €4,233 | - | -€4,233 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,920 | €15,255 | +€2,335 | +18.1% |
| Other operating charges | 640/8 | €5,187 | €3,981 | -€1,206 | -23.3% |
| Gross operating margin | 9900 | €29,235 | €8,769 | -€20,467 | -70.0% |
| Operating profit (loss) | 9901 | €6,895 | -€10,467 | -€17,362 | |
| Financial income | 75/76B | €414 | €18 | -€397 | -95.8% |
| Recurring financial income | 75 | €414 | €18 | -€397 | -95.8% |
| Financial charges | 65/66B | €1,732 | €1,233 | -€498 | -28.8% |
| Recurring financial charges | 65 | €1,732 | €1,233 | -€498 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €5,578 | -€11,683 | -€17,261 | |
| Income taxes | 67/77 | €230 | €142 | -€88 | -38.2% |
| Profit (loss) for the period | 9904 | €5,348 | -€11,824 | -€17,173 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,348 | -€11,824 | -€17,173 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.