TONDO: 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.
TONDO
Largest movements
- Receivables within one year +€5,976
new in 2025: €5,976
of which Trade receivables: +€4,235
- Intangible fixed assets -€5,522
down €5,522 (-74.8%), from €7,381 to €1,858
- Tangible fixed assets -€1,507
down €1,507 (-53.1%), from €2,836 to €1,330
of which Plant, machinery and equipment: -€1,462
- Cash -€737
down €737 (-5.4%), from €13,571 to €12,834
mainly Receivables within one year (-€5,976) and Other debts (-€3,837)
- Other debts -€3,837
down €3,837 (-2.8%), from €138,464 to €134,627
- Profit (loss) carried forward +€2,226
up €2,226 (+1.5%), from -€146,090 to -€143,864
- Depreciation -€2,706
down €2,706 (-27.8%), from €9,735 to €7,029
- Gross operating margin +€1,315
up €1,315 (+16.3%), from €8,066 to €9,382
- Other operating charges -€387
no longer reported in 2025 (was €387)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,896 | €22,106 | -€1,789 | -7.5% |
| Fixed assets | 21/28 | €10,217 | €3,188 | -€7,029 | -68.8% |
| Intangible fixed assets | 21 | €7,381 | €1,858 | -€5,522 | -74.8% |
| Tangible fixed assets | 22/27 | €2,836 | €1,330 | -€1,507 | -53.1% |
| Land and buildings | 22 | €45 | - | -€45 | |
| Plant, machinery and equipment | 23 | €2,792 | €1,330 | -€1,462 | -52.4% |
| Current assets | 29/58 | €13,679 | €18,919 | +€5,240 | +38.3% |
| Amounts receivable within one year | 40/41 | - | €5,976 | +€5,976 | |
| Trade receivables | 40 | - | €4,235 | +€4,235 | |
| Other amounts receivable | 41 | - | €1,741 | +€1,741 | |
| Current investments | 50/53 | €108 | €108 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,571 | €12,834 | -€737 | -5.4% |
| Total equity and liabilities | 10/49 | €23,896 | €22,106 | -€1,789 | -7.5% |
| Equity | 10/15 | -€115,251 | -€113,024 | +€2,226 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,639 | €24,639 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,779 | €22,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,090 | -€143,864 | +€2,226 | +1.5% |
| Amounts payable | 17/49 | €139,146 | €135,131 | -€4,016 | -2.9% |
| Amounts payable within one year | 42/48 | €139,146 | €135,131 | -€4,016 | -2.9% |
| Trade debts | 44 | €242 | €212 | -€30 | -12.4% |
| Suppliers | 440/4 | €242 | €212 | -€30 | -12.4% |
| Taxes, remuneration and social security | 45 | €440 | €291 | -€149 | -33.8% |
| Taxes | 450/3 | €440 | €291 | -€149 | -33.8% |
| Other amounts payable | 47/48 | €138,464 | €134,627 | -€3,837 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,735 | €7,029 | -€2,706 | -27.8% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €8,066 | €9,382 | +€1,315 | +16.3% |
| Operating profit (loss) | 9901 | -€2,056 | €2,353 | +€4,409 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €127 | €126 | -€0 | -0.3% |
| Recurring financial charges | 65 | €127 | €126 | -€0 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,183 | €2,226 | +€4,409 | |
| Profit (loss) for the period | 9904 | -€2,183 | €2,226 | +€4,409 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,183 | €2,226 | +€4,409 |
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 12 October 2026 via checked.be.