TONDEUR DIFFUSION: what changed
Two fiscal 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.
What changed
TONDEUR DIFFUSION
NACE 46.491, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€20,256
2024 · €146,524-€126,268
Equity
€3.5m
2024 · €3.4m+€20,256
Cash
€12,358
2024 · €8,231+€4,127
Balance sheet total
€9.1m
2024 · €9.6m-€467,367
Largest movements
Assets
- Current investments -€427,768
down €427,768 (-7.0%), from €6.1m to €5.6m
- Receivables within one year -€186,281
down €186,281 (-8.4%), from €2.2m to €2.0m
of which Trade receivables: -€217,236
Equity and liabilities
- Trade debts -€500,716
down €500,716 (-9.3%), from €5.4m to €4.9m
Income statement
- Turnover -€186,934
down €186,934 (-2.3%), from €8.1m to €8.0m
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.
Result 2024
€146,524
Turnover
-€186,934
Other operating income
-€55,130
Goods and materials
+€59,301
Services and other goods
+€53,724
Staff costs
+€35,155
Depreciation
-€22,734
Write-downs
+€15,975
Other operating charges
-€25,541
Financial income
-€61,086
Financial charges
+€54,192
Taxes
+€6,808
Result 2025
€20,256
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.
From operations
-€245,717
Investment
+€263,775
Financing
-€13,931
Cash 2024
€8,231
From operations (derived)
-€245,717
Net result for the year
+€20,256
Depreciation
+€201,466
Stocks and contracts
-€92,604
Receivables within one year
+€186,281
Deferred charges and accrued income
-€87,424
Trade debts
-€500,716
Tax, wage and social debts
+€13,389
Accrued charges and deferred income
+€13,635
Investment (derived)
+€263,775
Investment in fixed assets (net)
-€163,992
Current investments
+€427,768
Financing
-€13,931
Debts after one year
-€13,931
Cash 2025
€12,358
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,607,819 | €9,140,452 | -€467,367 | -4.9% |
| Fixed assets | 21/28 | €498,471 | €460,997 | -€37,474 | -7.5% |
| Intangible fixed assets | 21 | €71,542 | €21,042 | -€50,500 | -70.6% |
| Tangible fixed assets | 22/27 | €424,994 | €439,020 | +€14,026 | +3.3% |
| Land and buildings | 22 | - | €0 | = | |
| Furniture and vehicles | 24 | €259,676 | €246,521 | -€13,155 | -5.1% |
| Other tangible fixed assets | 26 | €165,318 | €192,499 | +€27,181 | +16.4% |
| Financial fixed assets | 28 | €1,935 | €935 | -€1,000 | -51.7% |
| Other financial fixed assets | 284/8 | €1,935 | €935 | -€1,000 | -51.7% |
| Amounts receivable and cash guarantees | 285/8 | €1,935 | €935 | -€1,000 | -51.7% |
| Current assets | 29/58 | €9,109,348 | €8,679,455 | -€429,893 | -4.7% |
| Stocks and contracts in progress | 3 | €807,372 | €899,976 | +€92,604 | +11.5% |
| Stocks | 30/36 | €807,372 | €899,976 | +€92,604 | +11.5% |
| Goods purchased for resale | 34 | €807,372 | €899,976 | +€92,604 | +11.5% |
| Amounts receivable within one year | 40/41 | €2,207,878 | €2,021,597 | -€186,281 | -8.4% |
| Trade receivables | 40 | €2,178,252 | €1,961,017 | -€217,236 | -10.0% |
| Other amounts receivable | 41 | €29,626 | €60,580 | +€30,954 | +104.5% |
| Current investments | 50/53 | €6,076,437 | €5,648,669 | -€427,768 | -7.0% |
| Other investments | 51/53 | €6,076,437 | €5,648,669 | -€427,768 | -7.0% |
| Cash at bank and in hand | 54/58 | €8,231 | €12,358 | +€4,127 | +50.1% |
| Deferred charges and accrued income | 490/1 | €9,431 | €96,855 | +€87,424 | +927.0% |
| Total equity and liabilities | 10/49 | €9,607,819 | €9,140,452 | -€467,367 | -4.9% |
| Equity | 10/15 | €3,430,335 | €3,450,591 | +€20,256 | +0.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,368,335 | €3,388,591 | +€20,256 | +0.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €3,362,135 | €3,382,391 | +€20,256 | +0.6% |
| Amounts payable | 17/49 | €6,177,484 | €5,689,860 | -€487,623 | -7.9% |
| Amounts payable after more than one year | 17 | €394,265 | €380,334 | -€13,931 | -3.5% |
| Other amounts payable | 178/9 | €394,265 | €380,334 | -€13,931 | -3.5% |
| Amounts payable within one year | 42/48 | €5,729,904 | €5,242,577 | -€487,327 | -8.5% |
| Trade debts | 44 | €5,407,901 | €4,907,185 | -€500,716 | -9.3% |
| Suppliers | 440/4 | €5,407,901 | €4,907,185 | -€500,716 | -9.3% |
| Taxes, remuneration and social security | 45 | €322,002 | €335,391 | +€13,389 | +4.2% |
| Taxes | 450/3 | €43,442 | €41,281 | -€2,162 | -5.0% |
| Remuneration and social security | 454/9 | €278,560 | €294,111 | +€15,551 | +5.6% |
| Accrued charges and deferred income | 492/3 | €53,315 | €66,950 | +€13,635 | +25.6% |
| Operating income | 70/76A | €8,356,005 | €8,113,941 | -€242,064 | -2.9% |
| Turnover | 70 | €8,143,142 | €7,956,208 | -€186,934 | -2.3% |
| Other operating income | 74 | €212,862 | €157,733 | -€55,130 | -25.9% |
| Operating charges | 60/66A | €8,487,355 | €8,371,474 | -€115,881 | -1.4% |
| Goods for resale, raw materials and consumables | 60 | €5,343,182 | €5,283,882 | -€59,301 | -1.1% |
| Purchases | 600/8 | €5,372,179 | €5,376,486 | +€4,307 | +0.1% |
| Change in stocks: decrease (increase) | 609 | -€28,997 | -€92,604 | -€63,607 | -219.4% |
| Services and other goods | 61 | €798,887 | €745,163 | -€53,724 | -6.7% |
| Remuneration, social security and pensions | 62 | €1,920,262 | €1,885,107 | -€35,155 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,733 | €201,466 | +€22,734 | +12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €107,543 | €91,568 | -€15,975 | -14.9% |
| Other operating charges | 640/8 | €138,747 | €164,288 | +€25,541 | +18.4% |
| Operating profit (loss) | 9901 | -€131,350 | -€257,533 | -€126,183 | -96.1% |
| Financial income | 75/76B | €407,380 | €346,294 | -€61,086 | -15.0% |
| Recurring financial income | 75 | €407,380 | €346,294 | -€61,086 | -15.0% |
| Income from current assets | 751 | €90,008 | €106,736 | +€16,729 | +18.6% |
| Other financial income | 752/9 | €317,372 | €239,558 | -€77,815 | -24.5% |
| Financial charges | 65/66B | €98,987 | €44,795 | -€54,192 | -54.7% |
| Recurring financial charges | 65 | €98,987 | €44,795 | -€54,192 | -54.7% |
| Other financial charges | 652/9 | €98,987 | €44,795 | -€54,192 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | €177,043 | €43,967 | -€133,076 | -75.2% |
| Income taxes | 67/77 | €30,519 | €23,711 | -€6,808 | -22.3% |
| Taxes | 670/3 | €30,521 | €23,711 | -€6,810 | -22.3% |
| Tax adjustments and reversals of tax provisions | 77 | €1 | - | -€1 | |
| Profit (loss) for the period | 9904 | €146,524 | €20,256 | -€126,268 | -86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €146,524 | €20,256 | -€126,268 | -86.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.