TOSA CHAUFFAGE: 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.
TOSA CHAUFFAGE
Largest movements
- Receivables within one year +€70,984
up €70,984 (+245%), from €28,973 to €99,957
of which Trade receivables: +€73,185
- Cash +€11,030
up €11,030 (+164%), from €6,744 to €17,774
mainly Net result for the year (+€47,021) and Trade debts (+€24,972)
- Tangible fixed assets -€4,551
down €4,551 (-24.5%), from €18,543 to €13,992
of which Furniture and vehicles: -€7,930
- Reserves +€47,021
up €47,021 (+178%), from €26,364 to €73,385
- Trade debts +€24,972
up €24,972 (+188%), from €13,260 to €38,232
- Tax, wage and social debts +€3,489
up €3,489 (+69.4%), from €5,028 to €8,517
- Purchases and services -€66,610
down €66,610 (-26.0%), from €255,953 to €189,343
- Gross operating margin +€40,494
up €40,494 (+86.7%), from €46,729 to €87,223
- Staff costs +€12,630
up €12,630 (+119%), from €10,647 to €23,277
- Taxes +€5,309
new in 2025: €5,309
- Depreciation +€1,204
up €1,204 (+13.6%), from €8,832 to €10,036
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 | €55,197 | €131,723 | +€76,526 | +139% |
| Fixed assets | 21/28 | €18,543 | €13,992 | -€4,551 | -24.5% |
| Tangible fixed assets | 22/27 | €18,543 | €13,992 | -€4,551 | -24.5% |
| Plant, machinery and equipment | 23 | €1,004 | €4,382 | +€3,379 | +337% |
| Furniture and vehicles | 24 | €17,539 | €9,610 | -€7,930 | -45.2% |
| Current assets | 29/58 | €36,654 | €117,731 | +€81,077 | +221% |
| Amounts receivable within one year | 40/41 | €28,973 | €99,957 | +€70,984 | +245% |
| Trade receivables | 40 | €22,566 | €95,751 | +€73,185 | +324% |
| Other amounts receivable | 41 | €6,408 | €4,207 | -€2,201 | -34.3% |
| Cash at bank and in hand | 54/58 | €6,744 | €17,774 | +€11,030 | +164% |
| Deferred charges and accrued income | 490/1 | €937 | - | -€937 | |
| Total equity and liabilities | 10/49 | €55,197 | €131,723 | +€76,526 | +139% |
| Equity | 10/15 | €36,364 | €83,385 | +€47,021 | +129% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €26,364 | €73,385 | +€47,021 | +178% |
| Distributable reserves | 133 | €26,364 | €73,385 | +€47,021 | +178% |
| Amounts payable | 17/49 | €18,833 | €48,338 | +€29,505 | +157% |
| Amounts payable within one year | 42/48 | €18,833 | €48,338 | +€29,505 | +157% |
| Trade debts | 44 | €13,260 | €38,232 | +€24,972 | +188% |
| Suppliers | 440/4 | €13,260 | €38,232 | +€24,972 | +188% |
| Taxes, remuneration and social security | 45 | €5,028 | €8,517 | +€3,489 | +69.4% |
| Remuneration and social security | 454/9 | €5,028 | €8,517 | +€3,489 | +69.4% |
| Other amounts payable | 47/48 | €545 | €1,589 | +€1,044 | +192% |
| Goods, raw materials, services and sundry goods | 60/61 | €255,953 | €189,343 | -€66,610 | -26.0% |
| Remuneration, social security and pensions | 62 | €10,647 | €23,277 | +€12,630 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,832 | €10,036 | +€1,204 | +13.6% |
| Other operating charges | 640/8 | €439 | €437 | -€3 | -0.6% |
| Gross operating margin | 9900 | €46,729 | €87,223 | +€40,494 | +86.7% |
| Operating profit (loss) | 9901 | €26,811 | €53,473 | +€26,663 | +99.4% |
| Financial income | 75/76B | €0 | €241 | +€240 | +61,618% |
| Recurring financial income | 75 | €0 | €241 | +€240 | +61,618% |
| Financial charges | 65/66B | €447 | €1,384 | +€937 | +210% |
| Recurring financial charges | 65 | €447 | €1,384 | +€937 | +210% |
| Profit (loss) for the period before taxes | 9903 | €26,364 | €52,330 | +€25,966 | +98.5% |
| Income taxes | 67/77 | - | €5,309 | +€5,309 | |
| Profit (loss) for the period | 9904 | €26,364 | €47,021 | +€20,657 | +78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,364 | €47,021 | +€20,657 | +78.4% |
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 22 October 2026 via checked.be.