TOOL MANAGEMENT: 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.
TOOL MANAGEMENT
Largest movements
- Financial fixed assets -€40,000
down €40,000 (-33.5%), from €119,363 to €79,363
- Tangible fixed assets -€23,654
down €23,654 (-4.4%), from €531,675 to €508,021
- Other debts -€94,974
down €94,974 (-40.5%), from €234,324 to €139,351
- Profit (loss) carried forward +€91,136
up €91,136 (+37.0%), from -€246,415 to -€155,279
- Current portion of long-term debt -€58,199
down €58,199 (-97.4%), from €59,761 to €1,562
- Revaluation surpluses +€9,334
up €9,334 (+4.7%), from €197,746 to €207,080
- Reserves -€9,334
down €9,334 (-20.0%), from €46,670 to €37,336
- Staff costs -€65,444
down €65,444 (-53.1%), from €123,319 to €57,875
- Gross operating margin +€31,779
up €31,779 (+20.6%), from €154,178 to €185,958
- Depreciation -€29,319
down €29,319 (-55.3%), from €52,973 to €23,654
- Financial charges -€1,975
down €1,975 (-26.0%), from €7,583 to €5,608
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 | €659,034 | €592,815 | -€66,218 | -10.0% |
| Fixed assets | 21/28 | €651,038 | €587,384 | -€63,654 | -9.8% |
| Tangible fixed assets | 22/27 | €531,675 | €508,021 | -€23,654 | -4.4% |
| Land and buildings | 22 | €531,675 | €508,021 | -€23,654 | -4.4% |
| Financial fixed assets | 28 | €119,363 | €79,363 | -€40,000 | -33.5% |
| Current assets | 29/58 | €7,996 | €5,432 | -€2,564 | -32.1% |
| Amounts receivable within one year | 40/41 | €2,110 | €2,625 | +€515 | +24.4% |
| Trade receivables | 40 | €2,110 | €2,625 | +€515 | +24.4% |
| Cash at bank and in hand | 54/58 | €998 | €1,234 | +€236 | +23.7% |
| Deferred charges and accrued income | 490/1 | €4,888 | €1,573 | -€3,315 | -67.8% |
| Total equity and liabilities | 10/49 | €659,034 | €592,815 | -€66,218 | -10.0% |
| Equity | 10/15 | €19,550 | €110,686 | +€91,136 | +466% |
| Contributions | 10/11 | €21,550 | €21,550 | = | 0.0% |
| Revaluation surpluses | 12 | €197,746 | €207,080 | +€9,334 | +4.7% |
| Reserves | 13 | €46,670 | €37,336 | -€9,334 | -20.0% |
| Distributable reserves | 133 | €46,670 | €37,336 | -€9,334 | -20.0% |
| Profit (loss) carried forward | 14 | -€246,415 | -€155,279 | +€91,136 | +37.0% |
| Amounts payable | 17/49 | €639,484 | €482,129 | -€157,355 | -24.6% |
| Amounts payable after more than one year | 17 | €332,315 | €332,315 | = | 0.0% |
| Financial debts | 170/4 | €332,315 | €332,315 | = | 0.0% |
| Amounts payable within one year | 42/48 | €306,409 | €149,028 | -€157,381 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | €59,761 | €1,562 | -€58,199 | -97.4% |
| Trade debts | 44 | €628 | €3,921 | +€3,293 | +524% |
| Suppliers | 440/4 | €628 | €3,921 | +€3,293 | +524% |
| Taxes, remuneration and social security | 45 | €11,695 | €4,194 | -€7,501 | -64.1% |
| Taxes | 450/3 | €1,707 | €1,076 | -€631 | -36.9% |
| Remuneration and social security | 454/9 | €9,988 | €3,118 | -€6,870 | -68.8% |
| Other amounts payable | 47/48 | €234,324 | €139,351 | -€94,974 | -40.5% |
| Accrued charges and deferred income | 492/3 | €760 | €786 | +€26 | +3.5% |
| Remuneration, social security and pensions | 62 | €123,319 | €57,875 | -€65,444 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,973 | €23,654 | -€29,319 | -55.3% |
| Other operating charges | 640/8 | €7,552 | €7,685 | +€133 | +1.8% |
| Gross operating margin | 9900 | €154,178 | €185,958 | +€31,779 | +20.6% |
| Operating profit (loss) | 9901 | -€29,666 | €96,744 | +€126,410 | |
| Financial income | 75/76B | €215 | - | -€215 | |
| Recurring financial income | 75 | €215 | - | -€215 | |
| Financial charges | 65/66B | €7,583 | €5,608 | -€1,975 | -26.0% |
| Recurring financial charges | 65 | €7,583 | €5,608 | -€1,975 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | -€37,033 | €91,136 | +€128,170 | |
| Income taxes | 67/77 | €5 | - | -€5 | |
| Profit (loss) for the period | 9904 | -€37,038 | €91,136 | +€128,174 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,038 | €91,136 | +€128,174 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.