TOOP: 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.
TOOP
Largest movements
- Receivables within one year +€41,825
up €41,825 (+54.5%), from €76,804 to €118,629
of which Trade receivables: +€32,655
- Financial fixed assets +€18,000
up €18,000 (+360.0%), from €5,000 to €23,000
- Tangible fixed assets -€12,282
down €12,282 (-18.8%), from €65,400 to €53,118
of which Other tangible fixed assets: -€12,791
- Stocks and contracts -€5,845
down €5,845 (-13.6%), from €43,017 to €37,173
- Other debts +€61,147
up €61,147 (+118.7%), from €51,500 to €112,647
- Debts after one year -€24,475
down €24,475 (-85.1%), from €28,748 to €4,272
- Tax, wage and social debts +€12,494
up €12,494 (+751.2%), from €1,663 to €14,157
of which Remuneration and social security: +€11,535
- Trade debts -€6,573
down €6,573 (-34.5%), from €19,029 to €12,456
- Accrued charges and deferred income -€2,834
down €2,834 (-45.5%), from €6,228 to €3,394
- Gross operating margin +€52,618
up €52,618 (+42.8%), from €122,892 to €175,510
- Staff costs +€48,083
up €48,083 (+52.7%), from €91,289 to €139,372
- Write-downs +€2,895
new in 2025: €2,895
- Depreciation +€2,369
up €2,369 (+10.6%), from €22,384 to €24,753
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.
Cash bridge derived
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 | €197,551 | €239,284 | +€41,733 | +21.1% |
| Fixed assets | 21/28 | €74,632 | €79,349 | +€4,718 | +6.3% |
| Intangible fixed assets | 21 | €4,231 | €3,231 | -€1,000 | -23.6% |
| Tangible fixed assets | 22/27 | €65,400 | €53,118 | -€12,282 | -18.8% |
| Plant, machinery and equipment | 23 | €1,629 | €1,109 | -€520 | -31.9% |
| Furniture and vehicles | 24 | €10,433 | €12,712 | +€2,279 | +21.8% |
| Leasing and similar rights | 25 | €9,575 | €8,325 | -€1,250 | -13.1% |
| Other tangible fixed assets | 26 | €43,763 | €30,972 | -€12,791 | -29.2% |
| Financial fixed assets | 28 | €5,000 | €23,000 | +€18,000 | +360.0% |
| Current assets | 29/58 | €122,920 | €159,935 | +€37,015 | +30.1% |
| Stocks and contracts in progress | 3 | €43,017 | €37,173 | -€5,845 | -13.6% |
| Stocks | 30/36 | €43,017 | €37,173 | -€5,845 | -13.6% |
| Amounts receivable within one year | 40/41 | €76,804 | €118,629 | +€41,825 | +54.5% |
| Trade receivables | 40 | €14,627 | €47,282 | +€32,655 | +223.3% |
| Other amounts receivable | 41 | €62,178 | €71,348 | +€9,170 | +14.7% |
| Cash at bank and in hand | 54/58 | €1,319 | €2,801 | +€1,482 | +112.3% |
| Deferred charges and accrued income | 490/1 | €1,779 | €1,332 | -€447 | -25.1% |
| Total equity and liabilities | 10/49 | €197,551 | €239,284 | +€41,733 | +21.1% |
| Equity | 10/15 | €54,424 | €56,308 | +€1,885 | +3.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €53,197 | €53,197 | = | 0.0% |
| Distributable reserves | 133 | €53,197 | €53,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,773 | -€21,888 | +€1,885 | +7.9% |
| Amounts payable | 17/49 | €143,127 | €182,976 | +€39,849 | +27.8% |
| Amounts payable after more than one year | 17 | €28,748 | €4,272 | -€24,475 | -85.1% |
| Financial debts | 170/4 | €28,748 | €4,272 | -€24,475 | -85.1% |
| Amounts payable within one year | 42/48 | €108,152 | €175,310 | +€67,158 | +62.1% |
| Current portion of amounts payable after more than one year | 42 | €25,805 | €24,475 | -€1,330 | -5.2% |
| Financial debts | 43 | €9,060 | €11,575 | +€2,515 | +27.8% |
| Credit institutions | 430/8 | €9,060 | €11,575 | +€2,515 | +27.8% |
| Trade debts | 44 | €19,029 | €12,456 | -€6,573 | -34.5% |
| Suppliers | 440/4 | €19,029 | €12,456 | -€6,573 | -34.5% |
| Advances received on contracts in progress | 46 | €1,095 | - | -€1,095 | |
| Taxes, remuneration and social security | 45 | €1,663 | €14,157 | +€12,494 | +751.2% |
| Taxes | 450/3 | €802 | €1,761 | +€959 | +119.6% |
| Remuneration and social security | 454/9 | €861 | €12,396 | +€11,535 | +1339.1% |
| Other amounts payable | 47/48 | €51,500 | €112,647 | +€61,147 | +118.7% |
| Accrued charges and deferred income | 492/3 | €6,228 | €3,394 | -€2,834 | -45.5% |
| Non-recurring operating income | 76A | €1,921 | - | -€1,921 | |
| Remuneration, social security and pensions | 62 | €91,289 | €139,372 | +€48,083 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,384 | €24,753 | +€2,369 | +10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,895 | +€2,895 | |
| Other operating charges | 640/8 | €1,609 | €2,331 | +€722 | +44.9% |
| Gross operating margin | 9900 | €122,892 | €175,510 | +€52,618 | +42.8% |
| Operating profit (loss) | 9901 | €7,610 | €6,160 | -€1,451 | -19.1% |
| Financial income | 75/76B | €1,897 | €730 | -€1,168 | -61.5% |
| Recurring financial income | 75 | €1,897 | €667 | -€1,231 | -64.9% |
| Non-recurring financial income | 76B | - | €63 | +€63 | |
| Financial charges | 65/66B | €5,777 | €4,064 | -€1,713 | -29.6% |
| Recurring financial charges | 65 | €5,777 | €4,064 | -€1,713 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €3,730 | €2,825 | -€905 | -24.3% |
| Income taxes | 67/77 | €326 | €378 | +€52 | +15.9% |
| Profit (loss) for the period | 9904 | €3,404 | €2,446 | -€957 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,404 | €2,446 | -€957 | -28.1% |
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 12 October 2026 via checked.be.