Tonijn: 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.
Tonijn
Largest movements
- Cash -€96,996
down €96,996 (-72.1%), from €134,457 to €37,461
mainly Investment in fixed assets (net) (-€63,770) and Contributions, distributions and other (-€59,643)
- Receivables within one year -€45,392
down €45,392 (-30.5%), from €148,969 to €103,576
of which Other amounts receivable: -€24,722
- Profit (loss) carried forward -€59,641
down €59,641 (-43.8%), from €136,204 to €76,563
- Tax, wage and social debts -€41,757
down €41,757 (-37.7%), from €110,879 to €69,123
of which Taxes: -€30,533
- Trade debts -€39,928
down €39,928 (-63.9%), from €62,496 to €22,567
- Debts after one year -€27,511
down €27,511 (-9.9%), from €279,147 to €251,636
- Other debts +€14,683
up €14,683 (+403.7%), from €3,637 to €18,321
- Gross operating margin -€111,021
down €111,021 (-28.5%), from €389,655 to €278,633
- Taxes -€30,201
down €30,201 (-71.8%), from €42,054 to €11,853
- Staff costs -€16,001
down €16,001 (-7.9%), from €201,680 to €185,679
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 | €813,312 | €667,806 | -€145,506 | -17.9% |
| Fixed assets | 21/28 | €507,146 | €509,291 | +€2,146 | +0.4% |
| Tangible fixed assets | 22/27 | €506,851 | €508,996 | +€2,146 | +0.4% |
| Land and buildings | 22 | €365,647 | €354,323 | -€11,324 | -3.1% |
| Plant, machinery and equipment | 23 | €8,864 | €15,860 | +€6,996 | +78.9% |
| Furniture and vehicles | 24 | €18,064 | €15,791 | -€2,273 | -12.6% |
| Leasing and similar rights | 25 | €114,276 | €123,023 | +€8,747 | +7.7% |
| Financial fixed assets | 28 | €295 | €295 | = | 0.0% |
| Current assets | 29/58 | €306,166 | €158,515 | -€147,651 | -48.2% |
| Amounts receivable within one year | 40/41 | €148,969 | €103,576 | -€45,392 | -30.5% |
| Trade receivables | 40 | €123,829 | €103,159 | -€20,671 | -16.7% |
| Other amounts receivable | 41 | €25,139 | €418 | -€24,722 | -98.3% |
| Cash at bank and in hand | 54/58 | €134,457 | €37,461 | -€96,996 | -72.1% |
| Deferred charges and accrued income | 490/1 | €22,740 | €17,477 | -€5,263 | -23.1% |
| Total equity and liabilities | 10/49 | €813,312 | €667,806 | -€145,506 | -17.9% |
| Equity | 10/15 | €249,164 | €195,098 | -€54,066 | -21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,360 | €99,935 | +€5,575 | +5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €73,750 | €79,325 | +€5,575 | +7.6% |
| Profit (loss) carried forward | 14 | €136,204 | €76,563 | -€59,641 | -43.8% |
| Amounts payable | 17/49 | €564,147 | €472,708 | -€91,440 | -16.2% |
| Amounts payable after more than one year | 17 | €279,147 | €251,636 | -€27,511 | -9.9% |
| Financial debts | 170/4 | €279,147 | €251,636 | -€27,511 | -9.9% |
| Amounts payable within one year | 42/48 | €285,001 | €221,072 | -€63,929 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €53,489 | €61,061 | +€7,573 | +14.2% |
| Financial debts | 43 | €54,500 | €50,000 | -€4,500 | -8.3% |
| Credit institutions | 430/8 | €54,500 | €50,000 | -€4,500 | -8.3% |
| Trade debts | 44 | €62,496 | €22,567 | -€39,928 | -63.9% |
| Suppliers | 440/4 | €62,496 | €22,567 | -€39,928 | -63.9% |
| Taxes, remuneration and social security | 45 | €110,879 | €69,123 | -€41,757 | -37.7% |
| Taxes | 450/3 | €68,648 | €38,115 | -€30,533 | -44.5% |
| Remuneration and social security | 454/9 | €42,231 | €31,008 | -€11,223 | -26.6% |
| Other amounts payable | 47/48 | €3,637 | €18,321 | +€14,683 | +403.7% |
| Non-recurring operating income | 76A | - | €14,876 | +€14,876 | |
| Remuneration, social security and pensions | 62 | €201,680 | €185,679 | -€16,001 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,121 | €61,625 | +€2,503 | +4.2% |
| Other operating charges | 640/8 | €5,243 | €4,392 | -€850 | -16.2% |
| Gross operating margin | 9900 | €389,655 | €278,633 | -€111,021 | -28.5% |
| Operating profit (loss) | 9901 | €123,610 | €26,937 | -€96,673 | -78.2% |
| Financial income | 75/76B | €13 | €99 | +€87 | +689.0% |
| Recurring financial income | 75 | €13 | €99 | +€87 | +689.0% |
| Financial charges | 65/66B | €7,792 | €9,607 | +€1,814 | +23.3% |
| Recurring financial charges | 65 | €7,792 | €9,607 | +€1,814 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €115,830 | €17,430 | -€98,400 | -85.0% |
| Income taxes | 67/77 | €42,054 | €11,853 | -€30,201 | -71.8% |
| Profit (loss) for the period | 9904 | €73,776 | €5,577 | -€68,200 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,776 | €5,577 | -€68,200 | -92.4% |
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.