TONE SINGLETON: 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.
TONE SINGLETON
Largest movements
- Receivables within one year +€20,476
up €20,476 (+674%), from €3,039 to €23,516
of which Trade receivables: +€20,984
- Cash +€2,677
up €2,677 (+3.4%), from €78,801 to €81,478
mainly Net result for the year (+€35,771) and Trade debts (+€2,440)
- Profit (loss) carried forward +€35,771
up €35,771 (+75.3%), from -€47,488 to -€11,717
- Other debts -€9,679
down €9,679 (-91.5%), from €10,576 to €897
- Contributions -€6,200
down €6,200 (-76.9%), from €8,060 to €1,860
- Trade debts +€2,440
up €2,440 (+79.6%), from €3,063 to €5,503
- Gross operating margin +€91,439
up €91,439, from -€54,805 to €36,634
- Financial charges -€3,468
down €3,468 (-92.2%), from €3,761 to €292
- Financial income -€1,211
down €1,211 (-76.6%), from €1,581 to €370
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 | €83,452 | €105,744 | +€22,292 | +26.7% |
| Fixed assets | 21/28 | €1,612 | €750 | -€862 | -53.5% |
| Tangible fixed assets | 22/27 | €862 | - | -€862 | |
| Furniture and vehicles | 24 | €862 | - | -€862 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €81,840 | €104,994 | +€23,154 | +28.3% |
| Amounts receivable within one year | 40/41 | €3,039 | €23,516 | +€20,476 | +674% |
| Trade receivables | 40 | €1,571 | €22,554 | +€20,984 | +1,336% |
| Other amounts receivable | 41 | €1,469 | €961 | -€507 | -34.5% |
| Cash at bank and in hand | 54/58 | €78,801 | €81,478 | +€2,677 | +3.4% |
| Total equity and liabilities | 10/49 | €83,452 | €105,744 | +€22,292 | +26.7% |
| Equity | 10/15 | €65,572 | €95,143 | +€29,571 | +45.1% |
| Contributions | 10/11 | €8,060 | €1,860 | -€6,200 | -76.9% |
| Reserves | 13 | €105,000 | €105,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €105,000 | - | -€105,000 | |
| Reserves not available under the articles | 1311 | €105,000 | - | -€105,000 | |
| Distributable reserves | 133 | - | €105,000 | +€105,000 | |
| Profit (loss) carried forward | 14 | -€47,488 | -€11,717 | +€35,771 | +75.3% |
| Amounts payable | 17/49 | €17,880 | €10,600 | -€7,279 | -40.7% |
| Amounts payable within one year | 42/48 | €17,880 | €10,600 | -€7,279 | -40.7% |
| Financial debts | 43 | €40 | - | -€40 | |
| Credit institutions | 430/8 | €40 | - | -€40 | |
| Trade debts | 44 | €3,063 | €5,503 | +€2,440 | +79.6% |
| Suppliers | 440/4 | €3,063 | €5,503 | +€2,440 | +79.6% |
| Taxes, remuneration and social security | 45 | €4,200 | €4,200 | = | 0.0% |
| Taxes | 450/3 | €4,200 | €4,200 | = | 0.0% |
| Other amounts payable | 47/48 | €10,576 | €897 | -€9,679 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,240 | €862 | -€379 | -30.5% |
| Other operating charges | 640/8 | €273 | €78 | -€195 | -71.3% |
| Gross operating margin | 9900 | -€54,805 | €36,634 | +€91,439 | |
| Operating profit (loss) | 9901 | -€56,318 | €35,693 | +€92,012 | |
| Financial income | 75/76B | €1,581 | €370 | -€1,211 | -76.6% |
| Recurring financial income | 75 | €1,581 | €370 | -€1,211 | -76.6% |
| Financial charges | 65/66B | €3,761 | €292 | -€3,468 | -92.2% |
| Recurring financial charges | 65 | €3,761 | €292 | -€3,468 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | -€58,498 | €35,771 | +€94,269 | |
| Profit (loss) for the period | 9904 | -€58,498 | €35,771 | +€94,269 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,498 | €35,771 | +€94,269 |
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 16 October 2026 via checked.be.