Toolstation: 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.
What changed
Toolstation
NACE 46.831, Wholesale of construction materials, general range
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€8.0m
2023 · -€7.5m-€512,310
Equity
€4.2m
2023 · €4.2m+€19,714
Cash
€1.6m
2023 · €1.9m-€309,314
Balance sheet total
€7.4m
2023 · €8.7m-€1.3m
Largest movements
Assets
- Stocks and contracts -€671,461
down €671,461 (-16.2%), from €4.1m to €3.5m
- Tangible fixed assets -€344,592
down €344,592 (-16.9%), from €2.0m to €1.7m
of which Other tangible fixed assets: -€654,243
- Cash -€309,314
down €309,314 (-16.4%), from €1.9m to €1.6m
mainly Net result for the year (-€8.0m) and Trade debts (-€1.9m)
- Receivables within one year +€109,614
up €109,614 (+24.0%), from €456,938 to €566,552
of which Trade receivables: +€124,482
- Deferred charges and accrued income -€88,659
down €88,659 (-60.3%), from €146,989 to €58,330
Equity and liabilities
- Trade debts -€1.9m
down €1.9m (-49.4%), from €3.8m to €1.9m
- Contributions +€578,145
up €578,145 (+10.5%), from €5.5m to €6.1m
- Profit (loss) carried forward -€558,430
down €558,430 (-43.0%), from -€1.3m to -€1.9m
- Provisions +€496,824
new in 2024: €496,824
Income statement
- Turnover +€16.5m
new in 2024: €16.5m
- Goods and materials +€10.1m
new in 2024: €10.1m
of which Purchases: +€9.5m
- Services and other goods +€8.5m
new in 2024: €8.5m
- Gross operating margin +€2.8m
no longer reported in 2024 (was -€2.8m)
- Provisions +€496,824
new in 2024: €496,824
From the 2023 result to the 2024 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.
Result 2023
-€7.5m
Turnover
+€16.5m
Other operating income
+€19,369
Goods and materials
-€10.1m
Services and other goods
-€8.5m
Staff costs
-€396,208
Depreciation
-€39,847
Write-downs
+€25,757
Provisions
-€496,824
Other operating charges
+€1,525
Other operating items
+€2.5m
Financial income
+€7,145
Financial charges
-€21,578
Result 2024
-€8.0m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€8.0m
Investment
-€341,269
Financing
+€8.0m
Cash 2023
€1.9m
From operations (derived)
-€8.0m
Net result for the year
-€8.0m
Depreciation
+€688,488
Stocks and contracts
+€671,461
Receivables within one year
-€109,614
Deferred charges and accrued income
+€88,659
Provisions
+€496,824
Trade debts
-€1.9m
Tax, wage and social debts
+€39,362
Investment (derived)
-€341,269
Investment in fixed assets (net)
-€341,269
Financing
+€8.0m
Contributions, distributions and other
+€8.0m
Cash 2024
€1.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,705,197 | €7,398,158 | -€1.3m | -15.0% |
| Fixed assets | 21/28 | €2,077,094 | €1,729,875 | -€347,219 | -16.7% |
| Intangible fixed assets | 21 | €9,415 | €6,788 | -€2,627 | -27.9% |
| Tangible fixed assets | 22/27 | €2,041,557 | €1,696,965 | -€344,592 | -16.9% |
| Plant, machinery and equipment | 23 | €64,535 | €43,850 | -€20,685 | -32.1% |
| Other tangible fixed assets | 26 | €1,977,021 | €1,322,778 | -€654,243 | -33.1% |
| Assets under construction and advance payments | 27 | - | €330,337 | +€330,337 | |
| Financial fixed assets | 28 | €26,122 | €26,122 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €26,122 | +€26,122 | |
| Amounts receivable and cash guarantees | 285/8 | - | €26,122 | +€26,122 | |
| Current assets | 29/58 | €6,628,103 | €5,668,282 | -€959,820 | -14.5% |
| Stocks and contracts in progress | 3 | €4,135,892 | €3,464,431 | -€671,461 | -16.2% |
| Stocks | 30/36 | €4,135,892 | €3,464,431 | -€671,461 | -16.2% |
| Goods purchased for resale | 34 | - | €3,464,431 | +€3.5m | |
| Amounts receivable within one year | 40/41 | €456,938 | €566,552 | +€109,614 | +24.0% |
| Trade receivables | 40 | €434,211 | €558,692 | +€124,482 | +28.7% |
| Other amounts receivable | 41 | €22,727 | €7,860 | -€14,868 | -65.4% |
| Cash at bank and in hand | 54/58 | €1,888,283 | €1,578,969 | -€309,314 | -16.4% |
| Deferred charges and accrued income | 490/1 | €146,989 | €58,330 | -€88,659 | -60.3% |
| Total equity and liabilities | 10/49 | €8,705,197 | €7,398,158 | -€1.3m | -15.0% |
| Equity | 10/15 | €4,211,910 | €4,231,625 | +€19,714 | +0.5% |
| Contributions | 10/11 | €5,511,183 | €6,089,328 | +€578,145 | +10.5% |
| Capital | 10 | €5,511,183 | €6,089,328 | +€578,145 | +10.5% |
| Issued capital | 100 | €5,511,183 | €6,089,328 | +€578,145 | +10.5% |
| Profit (loss) carried forward | 14 | -€1,299,273 | -€1,857,703 | -€558,430 | -43.0% |
| Provisions and deferred taxes | 16 | - | €496,824 | +€496,824 | |
| Provisions for liabilities and charges | 160/5 | - | €496,824 | +€496,824 | |
| Other liabilities and charges | 164/5 | - | €496,824 | +€496,824 | |
| Amounts payable | 17/49 | €4,493,286 | €2,669,709 | -€1.8m | -40.6% |
| Amounts payable within one year | 42/48 | €4,493,286 | €2,669,709 | -€1.8m | -40.6% |
| Trade debts | 44 | €3,769,187 | €1,906,247 | -€1.9m | -49.4% |
| Suppliers | 440/4 | €3,769,187 | €1,906,247 | -€1.9m | -49.4% |
| Taxes, remuneration and social security | 45 | €724,100 | €763,462 | +€39,362 | +5.4% |
| Taxes | 450/3 | €243,619 | €250,082 | +€6,462 | +2.7% |
| Remuneration and social security | 454/9 | €480,480 | €513,380 | +€32,900 | +6.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | - | €16,511,967 | +€16.5m | |
| Turnover | 70 | - | €16,492,598 | +€16.5m | |
| Other operating income | 74 | - | €19,369 | +€19,369 | |
| Operating charges | 60/66A | - | €24,378,245 | +€24.4m | |
| Goods for resale, raw materials and consumables | 60 | - | €10,146,647 | +€10.1m | |
| Purchases | 600/8 | - | €9,475,186 | +€9.5m | |
| Change in stocks: decrease (increase) | 609 | - | €671,461 | +€671,461 | |
| Services and other goods | 61 | - | €8,455,562 | +€8.5m | |
| Remuneration, social security and pensions | 62 | €3,865,900 | €4,262,109 | +€396,208 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €648,641 | €688,488 | +€39,847 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,000 | -€4,757 | -€25,757 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €496,824 | +€496,824 | |
| Other operating charges | 640/8 | €41,053 | €39,528 | -€1,525 | -3.7% |
| Non-recurring operating charges | 66A | - | €293,844 | +€293,844 | |
| Gross operating margin | 9900 | -€2,791,807 | - | +€2.8m | |
| Operating profit (loss) | 9901 | -€7,368,402 | -€7,866,278 | -€497,877 | -6.8% |
| Financial income | 75/76B | €7,102 | €14,246 | +€7,145 | +101% |
| Recurring financial income | 75 | €7,102 | €14,246 | +€7,145 | +101% |
| Other financial income | 752/9 | - | €14,246 | +€14,246 | |
| Financial charges | 65/66B | €106,675 | €128,254 | +€21,578 | +20.2% |
| Recurring financial charges | 65 | €106,675 | €128,254 | +€21,578 | +20.2% |
| Other financial charges | 652/9 | - | €128,254 | +€128,254 | |
| Profit (loss) for the period before taxes | 9903 | -€7,467,976 | -€7,980,286 | -€512,310 | -6.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€7,467,976 | -€7,980,286 | -€512,310 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,467,976 | -€7,980,286 | -€512,310 | -6.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.