TOSCO: 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.
TOSCO
Largest movements
- Tangible fixed assets -€6,736
down €6,736 (-35.4%), from €19,045 to €12,309
of which Plant, machinery and equipment: -€6,368
- Cash +€1,328
up €1,328 (+11.6%), from €11,439 to €12,767
mainly Depreciation (+€6,736) and Tax, wage and social debts (+€3,293)
- Financial fixed assets -€1,300
down €1,300 (-100%), from €1,300 to €0
- Stocks and contracts -€1,287
down €1,287 (-12.0%), from €10,723 to €9,436
- Receivables within one year -€827
down €827 (-16.0%), from €5,172 to €4,345
of which Trade receivables: -€1,119
- Profit (loss) carried forward -€11,404
down €11,404, from €2,144 to -€9,259
- Tax, wage and social debts +€3,293
up €3,293 (+71.4%), from €4,615 to €7,908
of which Remuneration and social security: +€4,940
- Gross operating margin +€6,921
up €6,921 (+63.5%), from -€10,892 to -€3,972
- Depreciation -€401
down €401 (-5.6%), from €7,138 to €6,736
- Financial charges -€131
down €131 (-37.8%), from €347 to €215
of which Non-recurring financial charges: -€199
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 | €48,189 | €39,391 | -€8,798 | -18.3% |
| Fixed assets | 21/28 | €20,345 | €12,309 | -€8,036 | -39.5% |
| Tangible fixed assets | 22/27 | €19,045 | €12,309 | -€6,736 | -35.4% |
| Plant, machinery and equipment | 23 | €18,381 | €12,013 | -€6,368 | -34.6% |
| Furniture and vehicles | 24 | €623 | €296 | -€327 | -52.5% |
| Other tangible fixed assets | 26 | €40 | €0 | -€40 | -100% |
| Financial fixed assets | 28 | €1,300 | €0 | -€1,300 | -100% |
| Current assets | 29/58 | €27,844 | €27,082 | -€762 | -2.7% |
| Stocks and contracts in progress | 3 | €10,723 | €9,436 | -€1,287 | -12.0% |
| Stocks | 30/36 | €10,723 | €9,436 | -€1,287 | -12.0% |
| Amounts receivable within one year | 40/41 | €5,172 | €4,345 | -€827 | -16.0% |
| Trade receivables | 40 | €5,155 | €4,036 | -€1,119 | -21.7% |
| Other amounts receivable | 41 | €17 | €308 | +€291 | +1,741% |
| Cash at bank and in hand | 54/58 | €11,439 | €12,767 | +€1,328 | +11.6% |
| Deferred charges and accrued income | 490/1 | €510 | €534 | +€24 | +4.7% |
| Total equity and liabilities | 10/49 | €48,189 | €39,391 | -€8,798 | -18.3% |
| Equity | 10/15 | €40,744 | €29,341 | -€11,404 | -28.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,144 | -€9,259 | -€11,404 | |
| Amounts payable | 17/49 | €7,445 | €10,051 | +€2,606 | +35.0% |
| Amounts payable within one year | 42/48 | €7,255 | €10,049 | +€2,794 | +38.5% |
| Trade debts | 44 | €642 | €429 | -€213 | -33.2% |
| Suppliers | 440/4 | €642 | €429 | -€213 | -33.2% |
| Taxes, remuneration and social security | 45 | €4,615 | €7,908 | +€3,293 | +71.4% |
| Taxes | 450/3 | €1,915 | €268 | -€1,647 | -86.0% |
| Remuneration and social security | 454/9 | €2,700 | €7,640 | +€4,940 | +183% |
| Other amounts payable | 47/48 | €1,998 | €1,713 | -€286 | -14.3% |
| Accrued charges and deferred income | 492/3 | €190 | €1 | -€188 | -99.3% |
| Non-recurring operating income | 76A | €1,254 | €0 | -€1,254 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,138 | €6,736 | -€401 | -5.6% |
| Other operating charges | 640/8 | €681 | €622 | -€58 | -8.6% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | -€10,892 | -€3,972 | +€6,921 | +63.5% |
| Operating profit (loss) | 9901 | -€18,711 | -€11,330 | +€7,381 | +39.4% |
| Financial income | 75/76B | €222 | €142 | -€80 | -36.0% |
| Recurring financial income | 75 | €222 | €142 | -€80 | -36.0% |
| Financial charges | 65/66B | €347 | €215 | -€131 | -37.8% |
| Recurring financial charges | 65 | €148 | €215 | +€67 | +45.6% |
| Non-recurring financial charges | 66B | €199 | - | -€199 | |
| Profit (loss) for the period before taxes | 9903 | -€18,836 | -€11,404 | +€7,432 | +39.5% |
| Profit (loss) for the period | 9904 | -€18,836 | -€11,404 | +€7,432 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,836 | -€11,404 | +€7,432 | +39.5% |
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 16 October 2026 via checked.be.