TOOGPUNT: 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.
TOOGPUNT
Largest movements
- Current investments -€230,000
down €230,000 (-100%), from €230,000 to €0
- Tangible fixed assets +€162,194
up €162,194 (+28.8%), from €563,677 to €725,871
of which Furniture and vehicles: +€124,533
- Cash +€160,432
up €160,432 (+82.1%), from €195,380 to €355,811
mainly Current investments (+€230,000) and Net result for the year (+€208,848)
- Deferred charges and accrued income +€17,251
up €17,251 (+122%), from €14,150 to €31,401
- Reserves +€127,992
up €127,992 (+12.5%), from €1.0m to €1.2m
- Trade debts +€86,650
up €86,650 (+239%), from €36,264 to €122,915
- Other debts -€82,680
down €82,680 (-49.0%), from €168,785 to €86,105
- Debts after one year -€23,180
down €23,180 (-33.3%), from €69,660 to €46,479
- Advances received +€20,862
up €20,862 (+419%), from €4,984 to €25,847
- Gross operating margin -€220,738
down €220,738 (-19.8%), from €1.1m to €893,743
- Taxes -€76,307
down €76,307 (-59.6%), from €128,027 to €51,720
- Depreciation +€41,517
up €41,517 (+29.0%), from €143,290 to €184,808
- Staff costs +€30,109
up €30,109 (+7.5%), from €403,675 to €433,784
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 | €1,407,242 | €1,529,166 | +€121,924 | +8.7% |
| Fixed assets | 21/28 | €563,927 | €726,121 | +€162,194 | +28.8% |
| Tangible fixed assets | 22/27 | €563,677 | €725,871 | +€162,194 | +28.8% |
| Plant, machinery and equipment | 23 | €224,347 | €184,460 | -€39,887 | -17.8% |
| Furniture and vehicles | 24 | €46,744 | €171,277 | +€124,533 | +266% |
| Other tangible fixed assets | 26 | €292,587 | €370,134 | +€77,548 | +26.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €843,315 | €803,045 | -€40,270 | -4.8% |
| Stocks and contracts in progress | 3 | €81,499 | €78,357 | -€3,142 | -3.9% |
| Stocks | 30/36 | €81,499 | €78,357 | -€3,142 | -3.9% |
| Amounts receivable within one year | 40/41 | €322,286 | €337,476 | +€15,190 | +4.7% |
| Trade receivables | 40 | €321,585 | €311,014 | -€10,571 | -3.3% |
| Other amounts receivable | 41 | €701 | €26,462 | +€25,761 | +3,673% |
| Current investments | 50/53 | €230,000 | €0 | -€230,000 | -100% |
| Cash at bank and in hand | 54/58 | €195,380 | €355,811 | +€160,432 | +82.1% |
| Deferred charges and accrued income | 490/1 | €14,150 | €31,401 | +€17,251 | +122% |
| Total equity and liabilities | 10/49 | €1,407,242 | €1,529,166 | +€121,924 | +8.7% |
| Equity | 10/15 | €1,028,272 | €1,156,264 | +€127,992 | +12.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,022,075 | €1,150,066 | +€127,992 | +12.5% |
| Distributable reserves | 133 | €1,022,075 | €1,150,066 | +€127,992 | +12.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €378,970 | €372,902 | -€6,068 | -1.6% |
| Amounts payable after more than one year | 17 | €69,660 | €46,479 | -€23,180 | -33.3% |
| Financial debts | 170/4 | €69,660 | €46,479 | -€23,180 | -33.3% |
| Amounts payable within one year | 42/48 | €305,915 | €326,423 | +€20,508 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €28,677 | €23,180 | -€5,497 | -19.2% |
| Trade debts | 44 | €36,264 | €122,915 | +€86,650 | +239% |
| Suppliers | 440/4 | €36,264 | €122,915 | +€86,650 | +239% |
| Advances received on contracts in progress | 46 | €4,984 | €25,847 | +€20,862 | +419% |
| Taxes, remuneration and social security | 45 | €67,203 | €68,376 | +€1,173 | +1.7% |
| Taxes | 450/3 | €37,795 | €21,687 | -€16,108 | -42.6% |
| Remuneration and social security | 454/9 | €29,409 | €46,689 | +€17,281 | +58.8% |
| Other amounts payable | 47/48 | €168,785 | €86,105 | -€82,680 | -49.0% |
| Accrued charges and deferred income | 492/3 | €3,396 | €0 | -€3,396 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €403,675 | €433,784 | +€30,109 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,290 | €184,808 | +€41,517 | +29.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,899 | €7,395 | +€4,496 | +155% |
| Other operating charges | 640/8 | €5,506 | €7,118 | +€1,611 | +29.3% |
| Non-recurring operating charges | 66A | €3,306 | €1,111 | -€2,195 | -66.4% |
| Gross operating margin | 9900 | €1,114,482 | €893,743 | -€220,738 | -19.8% |
| Operating profit (loss) | 9901 | €555,805 | €259,529 | -€296,276 | -53.3% |
| Financial income | 75/76B | €7,353 | €5,743 | -€1,610 | -21.9% |
| Recurring financial income | 75 | €7,353 | €5,743 | -€1,610 | -21.9% |
| Financial charges | 65/66B | €7,790 | €4,703 | -€3,087 | -39.6% |
| Recurring financial charges | 65 | €7,790 | €4,703 | -€3,087 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €555,367 | €260,568 | -€294,800 | -53.1% |
| Income taxes | 67/77 | €128,027 | €51,720 | -€76,307 | -59.6% |
| Profit (loss) for the period | 9904 | €427,340 | €208,848 | -€218,492 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €427,340 | €208,848 | -€218,492 | -51.1% |
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 27 October 2026 via checked.be.