TOOBA: 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.
TOOBA
Largest movements
- Cash -€176,269
down €176,269 (-96.1%), from €183,421 to €7,152
mainly Other debts (-€539,621) and Investment in fixed assets (net) (-€147,839)
- Tangible fixed assets +€132,025
up €132,025 (+237%), from €55,685 to €187,710
- Receivables within one year +€10,302
up €10,302 (+2.2%), from €465,687 to €475,989
of which Other amounts receivable: +€5,954
- Other debts -€539,621
down €539,621 (-99.8%), from €540,454 to €833
- Debts after one year +€453,956
up €453,956 (+6,512%), from €6,971 to €460,927
of which Other amounts payable: +€354,496
- Trade debts +€29,500
up €29,500 (+55,534%), from €53 to €29,553
- Current portion of long-term debt +€11,479
up €11,479 (+55.2%), from €20,779 to €32,258
- Reserves +€11,023
up €11,023 (+8.6%), from €128,620 to €139,643
- Financial charges -€94,021
down €94,021 (-99.2%), from €94,764 to €743
of which Non-recurring financial charges: -€94,336
- Gross operating margin -€24,126
down €24,126 (-50.7%), from €47,552 to €23,426
- Financial income +€7,942
up €7,942 (+134%), from €5,944 to €13,887
- Taxes -€3,449
down €3,449 (-30.9%), from €11,177 to €7,728
- Depreciation +€2,405
up €2,405 (+17.9%), from €13,409 to €15,814
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 | €716,355 | €682,441 | -€33,915 | -4.7% |
| Fixed assets | 21/28 | €65,685 | €197,710 | +€132,025 | +201% |
| Tangible fixed assets | 22/27 | €55,685 | €187,710 | +€132,025 | +237% |
| Furniture and vehicles | 24 | €55,685 | €187,710 | +€132,025 | +237% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €650,670 | €484,730 | -€165,940 | -25.5% |
| Amounts receivable within one year | 40/41 | €465,687 | €475,989 | +€10,302 | +2.2% |
| Trade receivables | 40 | €426 | €4,774 | +€4,348 | +1,020% |
| Other amounts receivable | 41 | €465,261 | €471,215 | +€5,954 | +1.3% |
| Cash at bank and in hand | 54/58 | €183,421 | €7,152 | -€176,269 | -96.1% |
| Deferred charges and accrued income | 490/1 | €1,561 | €1,590 | +€28 | +1.8% |
| Total equity and liabilities | 10/49 | €716,355 | €682,441 | -€33,915 | -4.7% |
| Equity | 10/15 | €138,620 | €149,643 | +€11,023 | +8.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €128,620 | €139,643 | +€11,023 | +8.6% |
| Distributable reserves | 133 | €128,620 | €139,643 | +€11,023 | +8.6% |
| Amounts payable | 17/49 | €577,735 | €532,797 | -€44,938 | -7.8% |
| Amounts payable after more than one year | 17 | €6,971 | €460,927 | +€453,956 | +6,512% |
| Financial debts | 170/4 | €6,971 | €106,430 | +€99,459 | +1,427% |
| Other amounts payable | 178/9 | - | €354,496 | +€354,496 | |
| Amounts payable within one year | 42/48 | €570,764 | €71,871 | -€498,893 | -87.4% |
| Current portion of amounts payable after more than one year | 42 | €20,779 | €32,258 | +€11,479 | +55.2% |
| Trade debts | 44 | €53 | €29,553 | +€29,500 | +55,534% |
| Suppliers | 440/4 | €53 | €29,553 | +€29,500 | +55,534% |
| Taxes, remuneration and social security | 45 | €9,478 | €9,227 | -€251 | -2.6% |
| Taxes | 450/3 | €9,478 | €9,227 | -€251 | -2.6% |
| Other amounts payable | 47/48 | €540,454 | €833 | -€539,621 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,409 | €15,814 | +€2,405 | +17.9% |
| Other operating charges | 640/8 | €1,294 | €1,171 | -€122 | -9.4% |
| Gross operating margin | 9900 | €47,552 | €23,426 | -€24,126 | -50.7% |
| Operating profit (loss) | 9901 | €32,849 | €6,441 | -€26,409 | -80.4% |
| Financial income | 75/76B | €5,944 | €13,887 | +€7,942 | +134% |
| Recurring financial income | 75 | €5,944 | €13,887 | +€7,942 | +134% |
| Financial charges | 65/66B | €94,764 | €743 | -€94,021 | -99.2% |
| Recurring financial charges | 65 | €428 | €743 | +€316 | +73.7% |
| Non-recurring financial charges | 66B | €94,336 | - | -€94,336 | |
| Profit (loss) for the period before taxes | 9903 | -€55,970 | €19,584 | +€75,554 | |
| Income taxes | 67/77 | €11,177 | €7,728 | -€3,449 | -30.9% |
| Profit (loss) for the period | 9904 | -€67,147 | €11,856 | +€79,003 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,147 | €11,856 | +€79,003 |
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 15 October 2026 via checked.be.