TONTTU: 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.
TONTTU
Largest movements
- Receivables within one year -€43,655
down €43,655 (-34.2%), from €127,588 to €83,933
of which Trade receivables: -€41,152
- Cash +€9,129
up €9,129 (+524%), from €1,741 to €10,870
mainly Receivables within one year (+€43,655) and Accrued charges and deferred income (+€7,647)
- Trade debts -€45,566
down €45,566 (-41.5%), from €109,924 to €64,358
- Advances received -€9,728
down €9,728 (-99.5%), from €9,778 to €50
- Accrued charges and deferred income +€7,647
new in 2025: €7,647
- Reserves +€6,977
up €6,977 (+8.5%), from €82,365 to €89,342
- Write-downs -€23,451
down €23,451 (-100%), from €23,451 to €0
- Gross operating margin +€13,269
up €13,269 (+62.2%), from €21,341 to €34,610
- Other operating charges +€5,888
up €5,888 (+352%), from €1,672 to €7,560
- Staff costs -€1,179
down €1,179 (-8.1%), from €14,507 to €13,329
- Financial charges +€1,106
up €1,106 (+270%), from €410 to €1,516
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 | €683,657 | €645,316 | -€38,341 | -5.6% |
| Formation expenses | 20 | €3,888 | €3,110 | -€778 | -20.0% |
| Fixed assets | 21/28 | €476,636 | €472,262 | -€4,374 | -0.9% |
| Intangible fixed assets | 21 | €432,751 | €432,644 | -€108 | 0.0% |
| Tangible fixed assets | 22/27 | €43,498 | €39,231 | -€4,266 | -9.8% |
| Land and buildings | 22 | €39,135 | €37,027 | -€2,108 | -5.4% |
| Plant, machinery and equipment | 23 | €816 | €437 | -€379 | -46.4% |
| Furniture and vehicles | 24 | €3,547 | €1,767 | -€1,780 | -50.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €387 | €387 | = | 0.0% |
| Current assets | 29/58 | €203,134 | €169,944 | -€33,190 | -16.3% |
| Stocks and contracts in progress | 3 | €73,804 | €74,510 | +€706 | +1.0% |
| Stocks | 30/36 | €73,804 | €74,510 | +€706 | +1.0% |
| Amounts receivable within one year | 40/41 | €127,588 | €83,933 | -€43,655 | -34.2% |
| Trade receivables | 40 | €125,085 | €83,933 | -€41,152 | -32.9% |
| Other amounts receivable | 41 | €2,503 | €0 | -€2,503 | -100% |
| Cash at bank and in hand | 54/58 | €1,741 | €10,870 | +€9,129 | +524% |
| Deferred charges and accrued income | 490/1 | - | €631 | +€631 | |
| Total equity and liabilities | 10/49 | €683,657 | €645,316 | -€38,341 | -5.6% |
| Equity | 10/15 | €157,365 | €164,342 | +€6,977 | +4.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €82,365 | €89,342 | +€6,977 | +8.5% |
| Distributable reserves | 133 | €82,365 | €89,342 | +€6,977 | +8.5% |
| Amounts payable | 17/49 | €526,292 | €480,974 | -€45,318 | -8.6% |
| Amounts payable after more than one year | 17 | €290,000 | €290,000 | = | 0.0% |
| Other amounts payable | 178/9 | €290,000 | €290,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €236,292 | €183,327 | -€52,965 | -22.4% |
| Trade debts | 44 | €109,924 | €64,358 | -€45,566 | -41.5% |
| Suppliers | 440/4 | €109,924 | €64,358 | -€45,566 | -41.5% |
| Advances received on contracts in progress | 46 | €9,778 | €50 | -€9,728 | -99.5% |
| Taxes, remuneration and social security | 45 | €20,485 | €18,742 | -€1,743 | -8.5% |
| Taxes | 450/3 | €16,750 | €17,807 | +€1,057 | +6.3% |
| Remuneration and social security | 454/9 | €3,734 | €934 | -€2,800 | -75.0% |
| Other amounts payable | 47/48 | €96,105 | €100,176 | +€4,071 | +4.2% |
| Accrued charges and deferred income | 492/3 | - | €7,647 | +€7,647 | |
| Remuneration, social security and pensions | 62 | €14,507 | €13,329 | -€1,179 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,647 | €5,152 | +€505 | +10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,451 | €0 | -€23,451 | -100% |
| Other operating charges | 640/8 | €1,672 | €7,560 | +€5,888 | +352% |
| Gross operating margin | 9900 | €21,341 | €34,610 | +€13,269 | +62.2% |
| Operating profit (loss) | 9901 | -€22,936 | €8,569 | +€31,506 | |
| Financial income | 75/76B | €115 | €85 | -€30 | -25.9% |
| Recurring financial income | 75 | €115 | €85 | -€30 | -25.9% |
| Financial charges | 65/66B | €410 | €1,516 | +€1,106 | +270% |
| Recurring financial charges | 65 | €410 | €1,516 | +€1,106 | +270% |
| Profit (loss) for the period before taxes | 9903 | -€23,232 | €7,138 | +€30,370 | |
| Income taxes | 67/77 | €0 | €162 | +€162 | |
| Profit (loss) for the period | 9904 | -€23,232 | €6,977 | +€30,208 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,232 | €6,977 | +€30,208 |
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 17 October 2026 via checked.be.