too-doo: 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.
too-doo
Largest movements
- Tangible fixed assets +€34,549
up €34,549 (+23.9%), from €144,426 to €178,975
- Cash -€15,496
down €15,496 (-22.5%), from €68,967 to €53,471
mainly Investment in fixed assets (net) (-€128,247) and Current portion of long-term debt (-€18,055)
- Reserves +€43,187
up €43,187 (+51.6%), from €83,758 to €126,945
of which Distributable reserves: +€43,187
- Current portion of long-term debt -€18,055
no longer reported in 2025 (was €18,055)
- Tax, wage and social debts -€11,811
down €11,811 (-21.2%), from €55,633 to €43,822
of which Remuneration and social security: -€8,205
- Trade debts +€2,849
up €2,849 (+19.3%), from €14,787 to €17,635
- Staff costs -€19,021
down €19,021 (-47.2%), from €40,333 to €21,312
- Depreciation +€16,088
up €16,088 (+20.1%), from €79,881 to €95,969
- Gross operating margin -€15,271
down €15,271 (-7.7%), from €197,056 to €181,785
- Financial charges +€11,158
up €11,158 (+856%), from €1,304 to €12,462
- Taxes +€5,902
up €5,902 (+2,481%), from €238 to €6,140
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 | €235,543 | €255,955 | +€20,412 | +8.7% |
| Formation expenses | 20 | €3,604 | €1,334 | -€2,271 | -63.0% |
| Fixed assets | 21/28 | €144,426 | €178,975 | +€34,549 | +23.9% |
| Tangible fixed assets | 22/27 | €144,426 | €178,975 | +€34,549 | +23.9% |
| Furniture and vehicles | 24 | €144,426 | €178,975 | +€34,549 | +23.9% |
| Current assets | 29/58 | €87,512 | €75,647 | -€11,865 | -13.6% |
| Amounts receivable within one year | 40/41 | €17,519 | €19,084 | +€1,565 | +8.9% |
| Trade receivables | 40 | €11,324 | €12,286 | +€962 | +8.5% |
| Other amounts receivable | 41 | €6,195 | €6,798 | +€603 | +9.7% |
| Cash at bank and in hand | 54/58 | €68,967 | €53,471 | -€15,496 | -22.5% |
| Deferred charges and accrued income | 490/1 | €1,026 | €3,091 | +€2,065 | +201% |
| Total equity and liabilities | 10/49 | €235,543 | €255,955 | +€20,412 | +8.7% |
| Equity | 10/15 | €84,020 | €127,207 | +€43,187 | +51.4% |
| Contributions | 10/11 | €262 | €262 | = | 0.0% |
| Reserves | 13 | €83,758 | €126,945 | +€43,187 | +51.6% |
| Tax-exempt reserves | 132 | €0 | €0 | = | 0.0% |
| Distributable reserves | 133 | €83,758 | €126,945 | +€43,187 | +51.6% |
| Amounts payable | 17/49 | €151,523 | €128,748 | -€22,774 | -15.0% |
| Amounts payable within one year | 42/48 | €151,523 | €126,244 | -€25,279 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €18,055 | - | -€18,055 | |
| Financial debts | 43 | €7,199 | €8,915 | +€1,716 | +23.8% |
| Credit institutions | 430/8 | €3,016 | €2,649 | -€367 | -12.2% |
| Other loans | 439 | €4,183 | €6,266 | +€2,083 | +49.8% |
| Trade debts | 44 | €14,787 | €17,635 | +€2,849 | +19.3% |
| Suppliers | 440/4 | €14,787 | €17,635 | +€2,849 | +19.3% |
| Taxes, remuneration and social security | 45 | €55,633 | €43,822 | -€11,811 | -21.2% |
| Taxes | 450/3 | €14,361 | €10,755 | -€3,606 | -25.1% |
| Remuneration and social security | 454/9 | €41,273 | €33,068 | -€8,205 | -19.9% |
| Other amounts payable | 47/48 | €55,848 | €55,871 | +€23 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €2,505 | +€2,505 | |
| Remuneration, social security and pensions | 62 | €40,333 | €21,312 | -€19,021 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,881 | €95,969 | +€16,088 | +20.1% |
| Other operating charges | 640/8 | €1,340 | €2,895 | +€1,555 | +116% |
| Gross operating margin | 9900 | €197,056 | €181,785 | -€15,271 | -7.7% |
| Operating profit (loss) | 9901 | €75,502 | €61,609 | -€13,893 | -18.4% |
| Financial income | 75/76B | €756 | €180 | -€577 | -76.3% |
| Recurring financial income | 75 | €756 | €180 | -€577 | -76.3% |
| Financial charges | 65/66B | €1,304 | €12,462 | +€11,158 | +856% |
| Recurring financial charges | 65 | €1,304 | €12,462 | +€11,158 | +856% |
| Profit (loss) for the period before taxes | 9903 | €74,955 | €49,327 | -€25,628 | -34.2% |
| Income taxes | 67/77 | €238 | €6,140 | +€5,902 | +2,481% |
| Profit (loss) for the period | 9904 | €74,717 | €43,187 | -€31,530 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,717 | €43,187 | -€31,530 | -42.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.