TOS: 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.
TOS
Largest movements
- Receivables within one year +€25,607
up €25,607 (+44.0%), from €58,231 to €83,838
of which Trade receivables: +€23,151
- Cash -€16,975
down €16,975 (-14.7%), from €115,345 to €98,370
mainly Receivables within one year (-€25,607) and Deferred charges and accrued income (-€12,167)
- Deferred charges and accrued income +€12,167
up €12,167 (+68.8%), from €17,673 to €29,840
- Accrued charges and deferred income +€9,244
up €9,244 (+16.0%), from €57,922 to €67,166
- Profit (loss) carried forward +€7,751
up €7,751 (+9.5%), from €81,566 to €89,317
- Trade debts +€5,302
up €5,302 (+48.3%), from €10,982 to €16,284
- Gross operating margin -€13,803
down €13,803 (-62.6%), from €22,048 to €8,245
- Other operating charges -€292
down €292 (-36.9%), from €791 to €499
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 | €191,770 | €212,569 | +€20,799 | +10.8% |
| Fixed assets | 21/28 | €521 | €521 | = | 0.0% |
| Financial fixed assets | 28 | €521 | €521 | = | 0.0% |
| Current assets | 29/58 | €191,249 | €212,048 | +€20,799 | +10.9% |
| Amounts receivable within one year | 40/41 | €58,231 | €83,838 | +€25,607 | +44.0% |
| Trade receivables | 40 | €19,605 | €42,756 | +€23,151 | +118.1% |
| Other amounts receivable | 41 | €38,626 | €41,082 | +€2,456 | +6.4% |
| Cash at bank and in hand | 54/58 | €115,345 | €98,370 | -€16,975 | -14.7% |
| Deferred charges and accrued income | 490/1 | €17,673 | €29,840 | +€12,167 | +68.8% |
| Total equity and liabilities | 10/49 | €191,770 | €212,569 | +€20,799 | +10.8% |
| Equity | 10/15 | €118,296 | €126,047 | +€7,751 | +6.6% |
| Contributions | 10/11 | €33,391 | €33,391 | = | 0.0% |
| Reserves | 13 | €3,339 | €3,339 | = | 0.0% |
| Distributable reserves | 133 | €3,339 | €3,339 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,566 | €89,317 | +€7,751 | +9.5% |
| Amounts payable | 17/49 | €73,474 | €86,522 | +€13,048 | +17.8% |
| Amounts payable within one year | 42/48 | €15,552 | €19,356 | +€3,804 | +24.5% |
| Trade debts | 44 | €10,982 | €16,284 | +€5,302 | +48.3% |
| Suppliers | 440/4 | €10,982 | €16,284 | +€5,302 | +48.3% |
| Taxes, remuneration and social security | 45 | €3,423 | €3,072 | -€351 | -10.3% |
| Taxes | 450/3 | €2,923 | €2,572 | -€351 | -12.0% |
| Remuneration and social security | 454/9 | €500 | €500 | = | 0.0% |
| Other amounts payable | 47/48 | €1,147 | - | -€1,147 | |
| Accrued charges and deferred income | 492/3 | €57,922 | €67,166 | +€9,244 | +16.0% |
| Other operating charges | 640/8 | €791 | €499 | -€292 | -36.9% |
| Gross operating margin | 9900 | €22,048 | €8,245 | -€13,803 | -62.6% |
| Operating profit (loss) | 9901 | €21,257 | €7,746 | -€13,511 | -63.6% |
| Financial income | 75/76B | €249 | €392 | +€143 | +57.4% |
| Recurring financial income | 75 | €249 | €392 | +€143 | +57.4% |
| Financial charges | 65/66B | €197 | €322 | +€125 | +63.5% |
| Recurring financial charges | 65 | €197 | €322 | +€125 | +63.5% |
| Profit (loss) for the period before taxes | 9903 | €21,309 | €7,816 | -€13,493 | -63.3% |
| Income taxes | 67/77 | €61 | €65 | +€4 | +6.6% |
| Profit (loss) for the period | 9904 | €21,248 | €7,751 | -€13,497 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,248 | €7,751 | -€13,497 | -63.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.