TONICUM: 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.
TONICUM
Largest movements
- Receivables within one year +€38,543
up €38,543 (+204.8%), from €18,817 to €57,360
of which Other amounts receivable: +€36,768
- Tangible fixed assets +€26,029
up €26,029 (+18.9%), from €138,008 to €164,037
of which Furniture and vehicles: +€29,432
- Cash -€18,847
down €18,847 (-37.2%), from €50,661 to €31,814
mainly Contributions, distributions and other (-€60,647) and Investment in fixed assets (net) (-€51,808)
- Current investments -€16,961
down €16,961 (-67.4%), from €25,152 to €8,191
- Other debts +€26,372
up €26,372 (+85.6%), from €30,813 to €57,185
- Reserves -€23,313
down €23,313 (-14.2%), from €164,126 to €140,813
- Debts after one year +€19,559
up €19,559, from €0 to €19,559
- Trade debts +€6,094
up €6,094 (+1674.6%), from €364 to €6,458
- Tax, wage and social debts +€3,765
up €3,765 (+28.3%), from €13,320 to €17,085
- Gross operating margin +€11,795
up €11,795 (+18.0%), from €65,401 to €77,195
- Depreciation +€7,457
up €7,457 (+40.7%), from €18,322 to €25,779
- Financial income +€1,813
up €1,813 (+165.8%), from €1,093 to €2,906
- Taxes +€1,052
up €1,052 (+8.1%), from €13,012 to €14,064
- Other operating charges -€872
down €872 (-32.3%), from €2,703 to €1,831
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 | €236,055 | €265,523 | +€29,469 | +12.5% |
| Fixed assets | 21/28 | €138,008 | €164,037 | +€26,029 | +18.9% |
| Tangible fixed assets | 22/27 | €138,008 | €164,037 | +€26,029 | +18.9% |
| Land and buildings | 22 | €129,194 | €121,106 | -€8,088 | -6.3% |
| Plant, machinery and equipment | 23 | €922 | €5,606 | +€4,685 | +508.3% |
| Furniture and vehicles | 24 | €7,892 | €37,324 | +€29,432 | +372.9% |
| Current assets | 29/58 | €98,047 | €101,486 | +€3,439 | +3.5% |
| Amounts receivable within one year | 40/41 | €18,817 | €57,360 | +€38,543 | +204.8% |
| Trade receivables | 40 | €14,035 | €15,810 | +€1,775 | +12.6% |
| Other amounts receivable | 41 | €4,782 | €41,550 | +€36,768 | +768.8% |
| Current investments | 50/53 | €25,152 | €8,191 | -€16,961 | -67.4% |
| Cash at bank and in hand | 54/58 | €50,661 | €31,814 | -€18,847 | -37.2% |
| Deferred charges and accrued income | 490/1 | €3,416 | €4,121 | +€705 | +20.6% |
| Total equity and liabilities | 10/49 | €236,055 | €265,523 | +€29,469 | +12.5% |
| Equity | 10/15 | €182,726 | €159,413 | -€23,313 | -12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €164,126 | €140,813 | -€23,313 | -14.2% |
| Distributable reserves | 133 | €164,126 | €140,813 | -€23,313 | -14.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,329 | €106,111 | +€52,782 | +99.0% |
| Amounts payable after more than one year | 17 | €0 | €19,559 | +€19,559 | |
| Financial debts | 170/4 | €0 | €19,559 | +€19,559 | |
| Amounts payable within one year | 42/48 | €52,747 | €86,499 | +€33,752 | +64.0% |
| Current portion of amounts payable after more than one year | 42 | €8,250 | €5,770 | -€2,479 | -30.1% |
| Trade debts | 44 | €364 | €6,458 | +€6,094 | +1674.6% |
| Suppliers | 440/4 | €364 | €6,458 | +€6,094 | +1674.6% |
| Taxes, remuneration and social security | 45 | €13,320 | €17,085 | +€3,765 | +28.3% |
| Taxes | 450/3 | €13,320 | €17,085 | +€3,765 | +28.3% |
| Other amounts payable | 47/48 | €30,813 | €57,185 | +€26,372 | +85.6% |
| Accrued charges and deferred income | 492/3 | €582 | €53 | -€529 | -90.9% |
| Non-recurring operating income | 76A | - | €181 | +€181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,322 | €25,779 | +€7,457 | +40.7% |
| Other operating charges | 640/8 | €2,703 | €1,831 | -€872 | -32.3% |
| Gross operating margin | 9900 | €65,401 | €77,195 | +€11,795 | +18.0% |
| Operating profit (loss) | 9901 | €44,377 | €49,586 | +€5,209 | +11.7% |
| Financial income | 75/76B | €1,093 | €2,906 | +€1,813 | +165.8% |
| Recurring financial income | 75 | €1,093 | €2,906 | +€1,813 | +165.8% |
| Financial charges | 65/66B | €566 | €1,094 | +€527 | +93.2% |
| Recurring financial charges | 65 | €566 | €1,094 | +€527 | +93.2% |
| Profit (loss) for the period before taxes | 9903 | €44,904 | €51,398 | +€6,495 | +14.5% |
| Income taxes | 67/77 | €13,012 | €14,064 | +€1,052 | +8.1% |
| Profit (loss) for the period | 9904 | €31,892 | €37,334 | +€5,443 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,892 | €37,334 | +€5,443 | +17.1% |
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 4 October 2026 via checked.be.