TOSHKA LOGISTICS: 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.
TOSHKA LOGISTICS
Largest movements
- Tangible fixed assets -€8,487
down €8,487 (-16.7%), from €50,709 to €42,222
of which Furniture and vehicles: -€6,036
- Receivables within one year -€6,058
down €6,058 (-95.4%), from €6,352 to €294
- Cash +€944
up €944 (+55.7%), from €1,693 to €2,636
mainly Other debts (+€15,848) and Depreciation (+€8,487)
- Other debts +€15,848
up €15,848 (+114%), from €13,949 to €29,797
- Tax, wage and social debts -€14,476
down €14,476 (-99.5%), from €14,549 to €73
- Profit (loss) carried forward -€11,856
down €11,856, from €5,753 to -€6,103
- Trade debts -€3,118
down €3,118 (-77.1%), from €4,043 to €926
- Taxes -€11,437
no longer reported in 2025 (was €11,437)
- Depreciation -€5,748
down €5,748 (-40.4%), from €14,236 to €8,487
- Gross operating margin -€5,609
down €5,609, from €2,871 to -€2,738
- Financial charges -€111
down €111 (-47.4%), from €234 to €123
- Other operating charges -€67
down €67 (-11.7%), from €575 to €507
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 | €58,754 | €45,153 | -€13,602 | -23.2% |
| Fixed assets | 21/28 | €50,709 | €42,222 | -€8,487 | -16.7% |
| Tangible fixed assets | 22/27 | €50,709 | €42,222 | -€8,487 | -16.7% |
| Furniture and vehicles | 24 | €30,012 | €23,976 | -€6,036 | -20.1% |
| Other tangible fixed assets | 26 | €20,698 | €18,246 | -€2,452 | -11.8% |
| Current assets | 29/58 | €8,045 | €2,930 | -€5,114 | -63.6% |
| Amounts receivable within one year | 40/41 | €6,352 | €294 | -€6,058 | -95.4% |
| Other amounts receivable | 41 | €6,352 | €294 | -€6,058 | -95.4% |
| Cash at bank and in hand | 54/58 | €1,693 | €2,636 | +€944 | +55.7% |
| Total equity and liabilities | 10/49 | €58,754 | €45,153 | -€13,602 | -23.2% |
| Equity | 10/15 | €26,213 | €14,357 | -€11,856 | -45.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,753 | -€6,103 | -€11,856 | |
| Amounts payable | 17/49 | €32,541 | €30,796 | -€1,746 | -5.4% |
| Amounts payable within one year | 42/48 | €32,541 | €30,796 | -€1,746 | -5.4% |
| Trade debts | 44 | €4,043 | €926 | -€3,118 | -77.1% |
| Suppliers | 440/4 | €4,043 | €926 | -€3,118 | -77.1% |
| Taxes, remuneration and social security | 45 | €14,549 | €73 | -€14,476 | -99.5% |
| Taxes | 450/3 | €14,549 | €73 | -€14,476 | -99.5% |
| Other amounts payable | 47/48 | €13,949 | €29,797 | +€15,848 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,236 | €8,487 | -€5,748 | -40.4% |
| Other operating charges | 640/8 | €575 | €507 | -€67 | -11.7% |
| Gross operating margin | 9900 | €2,871 | -€2,738 | -€5,609 | |
| Operating profit (loss) | 9901 | -€11,940 | -€11,733 | +€207 | +1.7% |
| Financial charges | 65/66B | €234 | €123 | -€111 | -47.4% |
| Recurring financial charges | 65 | €234 | €123 | -€111 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,173 | -€11,856 | +€317 | +2.6% |
| Income taxes | 67/77 | €11,437 | - | -€11,437 | |
| Profit (loss) for the period | 9904 | -€23,610 | -€11,856 | +€11,754 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,610 | -€11,856 | +€11,754 | +49.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.