TOSCANA: 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.
TOSCANA
Largest movements
- Receivables after one year +€19,176
up €19,176 (+24.2%), from €79,320 to €98,496
- Receivables within one year -€14,759
down €14,759 (-68.8%), from €21,451 to €6,692
of which Trade receivables: -€18,148
- Tangible fixed assets -€1,424
down €1,424 (-29.0%), from €4,908 to €3,484
of which Other tangible fixed assets: -€801
- Reserves +€16,672
up €16,672 (+24.3%), from €68,539 to €85,211
of which Distributable reserves: +€16,672
- Trade debts -€15,286
down €15,286 (-77.5%), from €19,724 to €4,438
- Staff costs -€14,422
down €14,422, from €14,381 to -€41
- Taxes +€5,595
up €5,595 (+123%), from €4,557 to €10,152
- Gross operating margin -€2,581
down €2,581 (-8.5%), from €30,239 to €27,658
- Financial income +€1,371
up €1,371 (+55.8%), from €2,459 to €3,830
- Other operating charges -€550
down €550 (-34.3%), from €1,604 to €1,053
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 | €108,803 | €110,558 | +€1,755 | +1.6% |
| Fixed assets | 21/28 | €4,908 | €3,484 | -€1,424 | -29.0% |
| Tangible fixed assets | 22/27 | €4,908 | €3,484 | -€1,424 | -29.0% |
| Plant, machinery and equipment | 23 | €630 | €420 | -€210 | -33.3% |
| Furniture and vehicles | 24 | €413 | - | -€413 | |
| Other tangible fixed assets | 26 | €3,865 | €3,064 | -€801 | -20.7% |
| Current assets | 29/58 | €103,895 | €107,074 | +€3,179 | +3.1% |
| Amounts receivable after more than one year | 29 | €79,320 | €98,496 | +€19,176 | +24.2% |
| Other amounts receivable | 291 | €79,320 | €98,496 | +€19,176 | +24.2% |
| Stocks and contracts in progress | 3 | €409 | €142 | -€267 | -65.3% |
| Stocks | 30/36 | €409 | €142 | -€267 | -65.3% |
| Amounts receivable within one year | 40/41 | €21,451 | €6,692 | -€14,759 | -68.8% |
| Trade receivables | 40 | €21,451 | €3,304 | -€18,148 | -84.6% |
| Other amounts receivable | 41 | - | €3,388 | +€3,388 | |
| Cash at bank and in hand | 54/58 | €2,714 | €1,743 | -€970 | -35.8% |
| Total equity and liabilities | 10/49 | €108,803 | €110,558 | +€1,755 | +1.6% |
| Equity | 10/15 | €74,739 | €91,411 | +€16,672 | +22.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,539 | €85,211 | +€16,672 | +24.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €66,679 | €83,351 | +€16,672 | +25.0% |
| Amounts payable | 17/49 | €34,064 | €19,147 | -€14,917 | -43.8% |
| Amounts payable within one year | 42/48 | €34,064 | €19,147 | -€14,917 | -43.8% |
| Trade debts | 44 | €19,724 | €4,438 | -€15,286 | -77.5% |
| Suppliers | 440/4 | €19,724 | €4,438 | -€15,286 | -77.5% |
| Taxes, remuneration and social security | 45 | €14,340 | €14,708 | +€369 | +2.6% |
| Taxes | 450/3 | €13,338 | €14,708 | +€1,370 | +10.3% |
| Remuneration and social security | 454/9 | €1,001 | - | -€1,001 | |
| Remuneration, social security and pensions | 62 | €14,381 | -€41 | -€14,422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,858 | €1,424 | -€433 | -23.3% |
| Other operating charges | 640/8 | €1,604 | €1,053 | -€550 | -34.3% |
| Gross operating margin | 9900 | €30,239 | €27,658 | -€2,581 | -8.5% |
| Operating profit (loss) | 9901 | €12,397 | €25,221 | +€12,824 | +103% |
| Financial income | 75/76B | €2,459 | €3,830 | +€1,371 | +55.8% |
| Recurring financial income | 75 | €2,459 | €3,830 | +€1,371 | +55.8% |
| Financial charges | 65/66B | €2,772 | €2,228 | -€545 | -19.6% |
| Recurring financial charges | 65 | €2,772 | €2,228 | -€545 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €12,084 | €26,824 | +€14,740 | +122% |
| Income taxes | 67/77 | €4,557 | €10,152 | +€5,595 | +123% |
| Profit (loss) for the period | 9904 | €7,527 | €16,672 | +€9,144 | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €7,527 | €16,672 | +€9,144 | +121% |
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.