TONOLAR INFRA: 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.
TONOLAR INFRA
Largest movements
- Cash -€16,731
down €16,731 (-96.3%), from €17,374 to €643
mainly Tax, wage and social debts (-€13,764) and Net result for the year (-€7,678)
- Tangible fixed assets -€11,860
down €11,860 (-70.3%), from €16,863 to €5,003
of which Furniture and vehicles: -€11,633
- Receivables within one year -€4,251
down €4,251 (-15.2%), from €28,026 to €23,775
of which Trade receivables: -€8,867
- Tax, wage and social debts -€13,764
down €13,764 (-99.1%), from €13,887 to €123
of which Taxes: -€11,220
- Profit (loss) carried forward -€7,678
new in 2024: -€7,678
- Debts after one year -€7,184
no longer reported in 2024 (was €7,184)
- Current portion of long-term debt -€4,264
down €4,264 (-62.0%), from €6,876 to €2,612
- Other debts -€2,226
no longer reported in 2024 (was €2,226)
- Turnover -€169,605
no longer reported in 2024 (was €169,605)
- Purchases and services -€81,172
no longer reported in 2024 (was €81,172)
- Gross operating margin -€79,757
down €79,757 (-88.4%), from €90,189 to €10,432
- Staff costs -€44,973
down €44,973 (-88.5%), from €50,805 to €5,832
- Taxes -€7,332
down €7,332 (-98.3%), from €7,456 to €123
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,475 | €29,421 | -€33,054 | -52.9% |
| Formation expenses | 20 | €212 | - | -€212 | |
| Fixed assets | 21/28 | €16,863 | €5,003 | -€11,860 | -70.3% |
| Tangible fixed assets | 22/27 | €16,863 | €5,003 | -€11,860 | -70.3% |
| Plant, machinery and equipment | 23 | €495 | €268 | -€227 | -45.9% |
| Furniture and vehicles | 24 | €16,368 | €4,735 | -€11,633 | -71.1% |
| Current assets | 29/58 | €45,400 | €24,418 | -€20,982 | -46.2% |
| Amounts receivable within one year | 40/41 | €28,026 | €23,775 | -€4,251 | -15.2% |
| Trade receivables | 40 | €25,589 | €16,721 | -€8,867 | -34.7% |
| Other amounts receivable | 41 | €2,438 | €7,054 | +€4,617 | +189% |
| Cash at bank and in hand | 54/58 | €17,374 | €643 | -€16,731 | -96.3% |
| Total equity and liabilities | 10/49 | €62,475 | €29,421 | -€33,054 | -52.9% |
| Equity | 10/15 | €32,301 | €24,623 | -€7,678 | -23.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,301 | €27,301 | = | 0.0% |
| Distributable reserves | 133 | €27,301 | €27,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,678 | -€7,678 | |
| Amounts payable | 17/49 | €30,174 | €4,798 | -€25,376 | -84.1% |
| Amounts payable after more than one year | 17 | €7,184 | - | -€7,184 | |
| Financial debts | 170/4 | €7,184 | - | -€7,184 | |
| Amounts payable within one year | 42/48 | €22,990 | €4,798 | -€18,192 | -79.1% |
| Current portion of amounts payable after more than one year | 42 | €6,876 | €2,612 | -€4,264 | -62.0% |
| Trade debts | 44 | €0 | €2,062 | +€2,062 | |
| Suppliers | 440/4 | €0 | €2,062 | +€2,062 | |
| Taxes, remuneration and social security | 45 | €13,887 | €123 | -€13,764 | -99.1% |
| Taxes | 450/3 | €11,343 | €123 | -€11,220 | -98.9% |
| Remuneration and social security | 454/9 | €2,544 | - | -€2,544 | |
| Other amounts payable | 47/48 | €2,226 | - | -€2,226 | |
| Turnover | 70 | €169,605 | - | -€169,605 | |
| Goods, raw materials, services and sundry goods | 60/61 | €81,172 | - | -€81,172 | |
| Remuneration, social security and pensions | 62 | €50,805 | €5,832 | -€44,973 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,589 | €3,792 | +€1,203 | +46.5% |
| Other operating charges | 640/8 | €1,527 | €2,296 | +€770 | +50.4% |
| Non-recurring operating charges | 66A | - | €5,280 | +€5,280 | |
| Gross operating margin | 9900 | €90,189 | €10,432 | -€79,757 | -88.4% |
| Operating profit (loss) | 9901 | €35,269 | -€6,768 | -€42,037 | |
| Financial charges | 65/66B | €513 | €787 | +€274 | +53.3% |
| Recurring financial charges | 65 | €513 | €787 | +€274 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €34,756 | -€7,554 | -€42,311 | |
| Income taxes | 67/77 | €7,456 | €123 | -€7,332 | -98.3% |
| Profit (loss) for the period | 9904 | €27,301 | -€7,678 | -€34,978 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,301 | -€7,678 | -€34,978 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.