TOSO: 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.
TOSO
Largest movements
- Receivables within one year +€308,378
up €308,378 (+1206.4%), from €25,563 to €333,941
of which Other amounts receivable: +€303,352
- Tangible fixed assets -€63,994
down €63,994 (-82.8%), from €77,317 to €13,323
of which Furniture and vehicles: -€63,221
- Cash -€32,944
down €32,944 (-26.2%), from €125,550 to €92,606
mainly Contributions, distributions and other (-€595,714) and Receivables within one year (-€308,378)
- Other debts +€397,969
up €397,969 (+1926.9%), from €20,654 to €418,623
- Reserves -€164,640
no longer reported in 2026 (was €164,640)
- Tax, wage and social debts -€32,569
down €32,569 (-75.4%), from €43,202 to €10,633
- Financial income +€399,990
up €399,990 (+3983963.7%), from €10 to €400,000
- Gross operating margin -€155,750
down €155,750 (-67.6%), from €230,547 to €74,796
- Taxes -€23,050
down €23,050 (-43.2%), from €53,352 to €30,302
- Depreciation -€18,374
down €18,374 (-89.2%), from €20,588 to €2,214
- Other operating charges +€8,082
up €8,082 (+547.3%), from €1,477 to €9,559
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €730,207 | €939,870 | +€209,663 | +28.7% |
| Fixed assets | 21/28 | €577,317 | €513,323 | -€63,994 | -11.1% |
| Tangible fixed assets | 22/27 | €77,317 | €13,323 | -€63,994 | -82.8% |
| Plant, machinery and equipment | 23 | €2,068 | €1,821 | -€247 | -12.0% |
| Furniture and vehicles | 24 | €70,405 | €7,184 | -€63,221 | -89.8% |
| Other tangible fixed assets | 26 | €4,844 | €4,319 | -€526 | -10.9% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €152,890 | €426,546 | +€273,656 | +179.0% |
| Amounts receivable within one year | 40/41 | €25,563 | €333,941 | +€308,378 | +1206.4% |
| Trade receivables | 40 | €23,914 | €28,941 | +€5,027 | +21.0% |
| Other amounts receivable | 41 | €1,648 | €305,000 | +€303,352 | +18403.2% |
| Cash at bank and in hand | 54/58 | €125,550 | €92,606 | -€32,944 | -26.2% |
| Deferred charges and accrued income | 490/1 | €1,778 | - | -€1,778 | |
| Total equity and liabilities | 10/49 | €730,207 | €939,870 | +€209,663 | +28.7% |
| Equity | 10/15 | €664,740 | €500,100 | -€164,640 | -24.8% |
| Contributions | 10/11 | €500,100 | €500,100 | = | 0.0% |
| Reserves | 13 | €164,640 | - | -€164,640 | |
| Distributable reserves | 133 | €164,640 | - | -€164,640 | |
| Amounts payable | 17/49 | €65,467 | €439,770 | +€374,302 | +571.7% |
| Amounts payable within one year | 42/48 | €65,467 | €435,495 | +€370,027 | +565.2% |
| Trade debts | 44 | €1,612 | €6,239 | +€4,627 | +287.1% |
| Suppliers | 440/4 | €1,612 | €6,239 | +€4,627 | +287.1% |
| Taxes, remuneration and social security | 45 | €43,202 | €10,633 | -€32,569 | -75.4% |
| Taxes | 450/3 | €43,202 | €10,633 | -€32,569 | -75.4% |
| Other amounts payable | 47/48 | €20,654 | €418,623 | +€397,969 | +1926.9% |
| Accrued charges and deferred income | 492/3 | - | €4,275 | +€4,275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,588 | €2,214 | -€18,374 | -89.2% |
| Other operating charges | 640/8 | €1,477 | €9,559 | +€8,082 | +547.3% |
| Gross operating margin | 9900 | €230,547 | €74,796 | -€155,750 | -67.6% |
| Operating profit (loss) | 9901 | €208,482 | €63,023 | -€145,459 | -69.8% |
| Financial income | 75/76B | €10 | €400,000 | +€399,990 | +3983963.7% |
| Recurring financial income | 75 | €10 | €400,000 | +€399,990 | +3983963.7% |
| Financial charges | 65/66B | €44 | €1,648 | +€1,604 | +3688.0% |
| Recurring financial charges | 65 | €44 | €1,648 | +€1,604 | +3688.0% |
| Profit (loss) for the period before taxes | 9903 | €208,448 | €461,375 | +€252,927 | +121.3% |
| Income taxes | 67/77 | €53,352 | €30,302 | -€23,050 | -43.2% |
| Profit (loss) for the period | 9904 | €155,097 | €431,074 | +€275,977 | +177.9% |
| Profit (loss) for the period to be appropriated | 9905 | €155,097 | €431,074 | +€275,977 | +177.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.