TOOTH: what changed
Two fiscal 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.
TOOTH
Largest movements
- Receivables after one year -€150,000
down €150,000 (-25.7%), from €584,612 to €434,612
- Cash -€52,829
down €52,829 (-69.9%), from €75,536 to €22,706
mainly Other debts (-€150,000) and Provisions (-€54,745)
- Tangible fixed assets -€29,107
down €29,107 (-7.1%), from €411,554 to €382,447
of which Land and buildings: -€26,662
- Other debts -€150,000
down €150,000 (-78.0%), from €192,300 to €42,300
- Provisions -€54,745
down €54,745 (-15.5%), from €352,451 to €297,706
of which Provisions for liabilities and charges: -€50,000
- Tax, wage and social debts -€42,303
no longer reported in 2025 (was €42,303)
- Profit (loss) carried forward +€29,697
no longer reported in 2025 (was -€29,697)
- Reserves -€14,616
down €14,616 (-2.9%), from €502,326 to €487,711
of which Tax-exempt reserves: -€9,214
- Gross operating margin +€52,556
up €52,556, from -€10,164 to €42,391
- Depreciation -€1,143
down €1,143 (-3.8%), from €30,026 to €28,882
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 | €1,073,043 | €840,619 | -€232,424 | -21.7% |
| Fixed assets | 21/28 | €411,804 | €382,697 | -€29,107 | -7.1% |
| Tangible fixed assets | 22/27 | €411,554 | €382,447 | -€29,107 | -7.1% |
| Land and buildings | 22 | €394,416 | €367,754 | -€26,662 | -6.8% |
| Plant, machinery and equipment | 23 | €17,011 | €14,693 | -€2,318 | -13.6% |
| Furniture and vehicles | 24 | €127 | - | -€127 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €661,239 | €457,921 | -€203,317 | -30.7% |
| Amounts receivable after more than one year | 29 | €584,612 | €434,612 | -€150,000 | -25.7% |
| Other amounts receivable | 291 | €584,612 | €434,612 | -€150,000 | -25.7% |
| Cash at bank and in hand | 54/58 | €75,536 | €22,706 | -€52,829 | -69.9% |
| Deferred charges and accrued income | 490/1 | €1,091 | €603 | -€488 | -44.7% |
| Total equity and liabilities | 10/49 | €1,073,043 | €840,619 | -€232,424 | -21.7% |
| Equity | 10/15 | €485,021 | €500,103 | +€15,081 | +3.1% |
| Contributions | 10/11 | €12,392 | €12,392 | = | 0.0% |
| Reserves | 13 | €502,326 | €487,711 | -€14,616 | -2.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €123,612 | €114,398 | -€9,214 | -7.5% |
| Distributable reserves | 133 | €376,855 | €371,453 | -€5,402 | -1.4% |
| Profit (loss) carried forward | 14 | -€29,697 | - | +€29,697 | |
| Provisions and deferred taxes | 16 | €352,451 | €297,706 | -€54,745 | -15.5% |
| Provisions for liabilities and charges | 160/5 | €288,800 | €238,800 | -€50,000 | -17.3% |
| Pensions and similar obligations | 160 | €288,800 | €238,800 | -€50,000 | -17.3% |
| Deferred taxes | 168 | €63,651 | €58,906 | -€4,745 | -7.5% |
| Amounts payable | 17/49 | €235,571 | €42,810 | -€192,761 | -81.8% |
| Amounts payable within one year | 42/48 | €235,571 | €42,810 | -€192,761 | -81.8% |
| Trade debts | 44 | €968 | €510 | -€458 | -47.3% |
| Suppliers | 440/4 | €968 | €510 | -€458 | -47.3% |
| Taxes, remuneration and social security | 45 | €42,303 | - | -€42,303 | |
| Taxes | 450/3 | €42,303 | - | -€42,303 | |
| Other amounts payable | 47/48 | €192,300 | €42,300 | -€150,000 | -78.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,026 | €28,882 | -€1,143 | -3.8% |
| Other operating charges | 640/8 | €3,217 | €2,882 | -€335 | -10.4% |
| Non-recurring operating charges | 66A | €234 | €225 | -€9 | -3.8% |
| Gross operating margin | 9900 | -€10,164 | €42,391 | +€52,556 | |
| Operating profit (loss) | 9901 | -€43,640 | €10,402 | +€54,043 | |
| Financial income | 75/76B | €427 | €462 | +€35 | +8.3% |
| Recurring financial income | 75 | €427 | €462 | +€35 | +8.3% |
| Financial charges | 65/66B | €435 | €228 | -€207 | -47.7% |
| Recurring financial charges | 65 | €435 | €228 | -€207 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | -€43,649 | €10,637 | +€54,285 | |
| Transfer from deferred taxes | 780 | €4,742 | €4,745 | +€2 | 0.0% |
| Income taxes | 67/77 | - | €300 | +€300 | |
| Profit (loss) for the period | 9904 | -€38,907 | €15,081 | +€53,988 | |
| Transfer from tax-exempt reserves | 789 | €9,210 | €9,214 | +€5 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,697 | €24,295 | +€53,992 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.