TONGARIRO: 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.
TONGARIRO
Largest movements
- Cash +€57,800
up €57,800 (+172%), from €33,637 to €91,437
mainly Net result for the year (+€99,334) and Other debts (+€39,569)
- Receivables within one year +€18,369
up €18,369 (+134%), from €13,698 to €32,067
of which Trade receivables: +€18,854
- Other debts +€39,569
up €39,569 (+78.3%), from €50,512 to €90,081
- Reserves +€30,000
up €30,000 (+75.0%), from €40,000 to €70,000
- Tax, wage and social debts +€10,109
up €10,109 (+135%), from €7,483 to €17,592
- Profit (loss) carried forward -€5,666
down €5,666 (-66.1%), from €8,575 to €2,909
- Gross operating margin +€33,957
up €33,957 (+33.0%), from €102,931 to €136,888
- Depreciation -€9,437
down €9,437 (-91.7%), from €10,285 to €849
- Taxes +€9,224
up €9,224 (+36.9%), from €24,980 to €34,204
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 | €110,544 | €185,107 | +€74,562 | +67.5% |
| Fixed assets | 21/28 | €849 | €0 | -€849 | -100% |
| Tangible fixed assets | 22/27 | €849 | €0 | -€849 | -100% |
| Furniture and vehicles | 24 | €849 | €0 | -€849 | -100% |
| Current assets | 29/58 | €109,696 | €185,107 | +€75,411 | +68.7% |
| Amounts receivable within one year | 40/41 | €13,698 | €32,067 | +€18,369 | +134% |
| Trade receivables | 40 | €12,418 | €31,272 | +€18,854 | +152% |
| Other amounts receivable | 41 | €1,281 | €796 | -€485 | -37.9% |
| Current investments | 50/53 | €60,000 | €60,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,637 | €91,437 | +€57,800 | +172% |
| Deferred charges and accrued income | 490/1 | €2,360 | €1,602 | -€758 | -32.1% |
| Total equity and liabilities | 10/49 | €110,544 | €185,107 | +€74,562 | +67.5% |
| Equity | 10/15 | €51,075 | €75,409 | +€24,334 | +47.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,000 | €70,000 | +€30,000 | +75.0% |
| Distributable reserves | 133 | €40,000 | €70,000 | +€30,000 | +75.0% |
| Profit (loss) carried forward | 14 | €8,575 | €2,909 | -€5,666 | -66.1% |
| Amounts payable | 17/49 | €59,469 | €109,698 | +€50,229 | +84.5% |
| Amounts payable within one year | 42/48 | €58,599 | €108,432 | +€49,833 | +85.0% |
| Trade debts | 44 | €604 | €759 | +€155 | +25.6% |
| Suppliers | 440/4 | €604 | €759 | +€155 | +25.6% |
| Taxes, remuneration and social security | 45 | €7,483 | €17,592 | +€10,109 | +135% |
| Taxes | 450/3 | €7,483 | €17,592 | +€10,109 | +135% |
| Other amounts payable | 47/48 | €50,512 | €90,081 | +€39,569 | +78.3% |
| Accrued charges and deferred income | 492/3 | €870 | €1,266 | +€396 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,285 | €849 | -€9,437 | -91.7% |
| Other operating charges | 640/8 | €1,166 | €1,177 | +€11 | +0.9% |
| Gross operating margin | 9900 | €102,931 | €136,888 | +€33,957 | +33.0% |
| Operating profit (loss) | 9901 | €91,479 | €134,862 | +€43,383 | +47.4% |
| Financial income | 75/76B | €74 | €1 | -€73 | -98.6% |
| Recurring financial income | 75 | €74 | €1 | -€73 | -98.6% |
| Financial charges | 65/66B | €915 | €1,325 | +€410 | +44.9% |
| Recurring financial charges | 65 | €915 | €1,325 | +€410 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €90,639 | €133,538 | +€42,900 | +47.3% |
| Income taxes | 67/77 | €24,980 | €34,204 | +€9,224 | +36.9% |
| Profit (loss) for the period | 9904 | €65,658 | €99,334 | +€33,675 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,658 | €99,334 | +€33,675 | +51.3% |
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 20 October 2026 via checked.be.