TONUS: 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.
TONUS
Largest movements
- Stocks and contracts +€368,055
up €368,055 (+121.9%), from €301,840 to €669,896
- Receivables within one year -€155,592
down €155,592 (-95.9%), from €162,176 to €6,583
of which Other amounts receivable: -€159,849
- Tangible fixed assets +€35,541
up €35,541 (+3.9%), from €908,703 to €944,243
of which Furniture and vehicles: +€53,756
- Short-term financial debts +€148,853
up €148,853 (+185.7%), from €80,147 to €229,000
- Other debts +€73,761
up €73,761 (+24.9%), from €295,681 to €369,442
- Reserves +€61,049
up €61,049 (+5.9%), from €1.0m to €1.1m
of which Distributable reserves: +€66,636
- Gross operating margin +€29,052
up €29,052 (+25.2%), from €115,410 to €144,462
- Depreciation +€9,197
up €9,197 (+39.2%), from €23,479 to €32,677
- Financial income -€8,053
down €8,053 (-100.0%), from €8,054 to €0
- Financial charges +€6,787
up €6,787 (+54.2%), from €12,530 to €19,317
- Other operating charges +€1,564
up €1,564 (+16.5%), from €9,464 to €11,028
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 | €1,780,803 | €2,044,786 | +€263,983 | +14.8% |
| Fixed assets | 21/28 | €1,308,503 | €1,344,812 | +€36,309 | +2.8% |
| Tangible fixed assets | 22/27 | €908,703 | €944,243 | +€35,541 | +3.9% |
| Land and buildings | 22 | €906,368 | €888,153 | -€18,215 | -2.0% |
| Furniture and vehicles | 24 | €2,334 | €56,090 | +€53,756 | +2302.9% |
| Financial fixed assets | 28 | €399,800 | €400,569 | +€769 | +0.2% |
| Current assets | 29/58 | €472,300 | €699,974 | +€227,674 | +48.2% |
| Stocks and contracts in progress | 3 | €301,840 | €669,896 | +€368,055 | +121.9% |
| Stocks | 30/36 | €301,840 | €669,896 | +€368,055 | +121.9% |
| Amounts receivable within one year | 40/41 | €162,176 | €6,583 | -€155,592 | -95.9% |
| Trade receivables | 40 | €2,207 | €6,463 | +€4,256 | +192.9% |
| Other amounts receivable | 41 | €159,969 | €120 | -€159,849 | -99.9% |
| Cash at bank and in hand | 54/58 | €3,865 | €20,526 | +€16,661 | +431.1% |
| Deferred charges and accrued income | 490/1 | €4,420 | €2,970 | -€1,450 | -32.8% |
| Total equity and liabilities | 10/49 | €1,780,803 | €2,044,786 | +€263,983 | +14.8% |
| Equity | 10/15 | €1,095,059 | €1,156,108 | +€61,049 | +5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,033,059 | €1,094,108 | +€61,049 | +5.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €617,343 | €611,756 | -€5,587 | -0.9% |
| Distributable reserves | 133 | €409,516 | €476,152 | +€66,636 | +16.3% |
| Provisions and deferred taxes | 16 | €205,781 | €203,919 | -€1,862 | -0.9% |
| Deferred taxes | 168 | €205,781 | €203,919 | -€1,862 | -0.9% |
| Amounts payable | 17/49 | €479,963 | €684,760 | +€204,797 | +42.7% |
| Amounts payable after more than one year | 17 | €77,457 | €62,622 | -€14,836 | -19.2% |
| Financial debts | 170/4 | €77,457 | €62,622 | -€14,836 | -19.2% |
| Amounts payable within one year | 42/48 | €402,506 | €622,138 | +€219,632 | +54.6% |
| Current portion of amounts payable after more than one year | 42 | €12,270 | €9,568 | -€2,702 | -22.0% |
| Financial debts | 43 | €80,147 | €229,000 | +€148,853 | +185.7% |
| Credit institutions | 430/8 | €80,147 | €229,000 | +€148,853 | +185.7% |
| Trade debts | 44 | €819 | €6,263 | +€5,445 | +665.0% |
| Suppliers | 440/4 | €819 | €6,263 | +€5,445 | +665.0% |
| Advances received on contracts in progress | 46 | €207 | - | -€207 | |
| Taxes, remuneration and social security | 45 | €13,382 | €7,865 | -€5,517 | -41.2% |
| Taxes | 450/3 | €13,382 | €7,865 | -€5,517 | -41.2% |
| Other amounts payable | 47/48 | €295,681 | €369,442 | +€73,761 | +24.9% |
| Non-recurring operating income | 76A | - | €33,516 | +€33,516 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,479 | €32,677 | +€9,197 | +39.2% |
| Other operating charges | 640/8 | €9,464 | €11,028 | +€1,564 | +16.5% |
| Gross operating margin | 9900 | €115,410 | €144,462 | +€29,052 | +25.2% |
| Operating profit (loss) | 9901 | €82,467 | €100,758 | +€18,290 | +22.2% |
| Financial income | 75/76B | €8,054 | €0 | -€8,053 | -100.0% |
| Recurring financial income | 75 | €8,054 | €0 | -€8,053 | -100.0% |
| Financial charges | 65/66B | €12,530 | €19,317 | +€6,787 | +54.2% |
| Recurring financial charges | 65 | €12,530 | €19,317 | +€6,787 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €77,991 | €81,441 | +€3,450 | +4.4% |
| Transfer from deferred taxes | 780 | €1,908 | €1,862 | -€45 | -2.4% |
| Income taxes | 67/77 | €21,433 | €22,255 | +€821 | +3.8% |
| Profit (loss) for the period | 9904 | €58,466 | €61,049 | +€2,583 | +4.4% |
| Transfer from tax-exempt reserves | 789 | €5,723 | €5,587 | -€135 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,188 | €66,636 | +€2,448 | +3.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.