TOQUE-ART: 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.
TOQUE-ART
Largest movements
- Cash +€8,067
up €8,067 (+14.9%), from €54,029 to €62,096
mainly Other debts (+€18,976) and Depreciation (+€16,832)
- Tangible fixed assets -€6,926
down €6,926 (-25.7%), from €26,976 to €20,050
of which Furniture and vehicles: -€10,547
- Intangible fixed assets -€6,000
down €6,000 (-15.8%), from €37,956 to €31,956
- Deferred charges and accrued income +€1,208
new in 2025: €1,208
- Other debts +€18,976
up €18,976 (+849%), from €2,235 to €21,211
- Debts after one year -€12,168
down €12,168 (-38.0%), from €31,988 to €19,820
- Profit (loss) carried forward -€10,944
down €10,944 (-100%), from €10,944 to €0
- Trade debts +€1,459
up €1,459 (+11.9%), from €12,230 to €13,689
- Gross operating margin -€30,698
down €30,698 (-24.7%), from €124,499 to €93,801
- Staff costs -€23,109
down €23,109 (-28.2%), from €82,003 to €58,893
- Depreciation +€3,806
up €3,806 (+29.2%), from €13,026 to €16,832
- Other operating charges -€1,335
down €1,335 (-51.7%), from €2,583 to €1,248
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 | €120,035 | €116,775 | -€3,260 | -2.7% |
| Fixed assets | 21/28 | €64,933 | €52,006 | -€12,926 | -19.9% |
| Intangible fixed assets | 21 | €37,956 | €31,956 | -€6,000 | -15.8% |
| Tangible fixed assets | 22/27 | €26,976 | €20,050 | -€6,926 | -25.7% |
| Land and buildings | 22 | - | €3,621 | +€3,621 | |
| Furniture and vehicles | 24 | €26,976 | €16,429 | -€10,547 | -39.1% |
| Current assets | 29/58 | €55,103 | €64,769 | +€9,666 | +17.5% |
| Amounts receivable within one year | 40/41 | €1,073 | €1,465 | +€391 | +36.4% |
| Trade receivables | 40 | €1,073 | €1,314 | +€241 | +22.4% |
| Other amounts receivable | 41 | - | €150 | +€150 | |
| Cash at bank and in hand | 54/58 | €54,029 | €62,096 | +€8,067 | +14.9% |
| Deferred charges and accrued income | 490/1 | - | €1,208 | +€1,208 | |
| Total equity and liabilities | 10/49 | €120,035 | €116,775 | -€3,260 | -2.7% |
| Equity | 10/15 | €35,944 | €25,000 | -€10,944 | -30.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,944 | €0 | -€10,944 | -100% |
| Amounts payable | 17/49 | €84,092 | €91,775 | +€7,683 | +9.1% |
| Amounts payable after more than one year | 17 | €31,988 | €19,820 | -€12,168 | -38.0% |
| Financial debts | 170/4 | €31,988 | €19,820 | -€12,168 | -38.0% |
| Amounts payable within one year | 42/48 | €52,104 | €71,955 | +€19,851 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €11,716 | €12,168 | +€451 | +3.9% |
| Trade debts | 44 | €12,230 | €13,689 | +€1,459 | +11.9% |
| Suppliers | 440/4 | €12,230 | €13,689 | +€1,459 | +11.9% |
| Taxes, remuneration and social security | 45 | €25,922 | €24,887 | -€1,035 | -4.0% |
| Taxes | 450/3 | €13,521 | €14,416 | +€896 | +6.6% |
| Remuneration and social security | 454/9 | €12,401 | €10,470 | -€1,931 | -15.6% |
| Other amounts payable | 47/48 | €2,235 | €21,211 | +€18,976 | +849% |
| Remuneration, social security and pensions | 62 | €82,003 | €58,893 | -€23,109 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,026 | €16,832 | +€3,806 | +29.2% |
| Other operating charges | 640/8 | €2,583 | €1,248 | -€1,335 | -51.7% |
| Non-recurring operating charges | 66A | €802 | - | -€802 | |
| Gross operating margin | 9900 | €124,499 | €93,801 | -€30,698 | -24.7% |
| Operating profit (loss) | 9901 | €26,085 | €16,827 | -€9,258 | -35.5% |
| Financial income | 75/76B | €417 | €1,425 | +€1,009 | +242% |
| Recurring financial income | 75 | €417 | €1,425 | +€1,009 | +242% |
| Financial charges | 65/66B | €3,722 | €4,253 | +€530 | +14.3% |
| Recurring financial charges | 65 | €3,722 | €4,253 | +€530 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €22,779 | €13,999 | -€8,780 | -38.5% |
| Income taxes | 67/77 | €4,005 | €4,098 | +€93 | +2.3% |
| Profit (loss) for the period | 9904 | €18,774 | €9,901 | -€8,873 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,774 | €9,901 | -€8,873 | -47.3% |
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 19 October 2026 via checked.be.