TOSODA: 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.
TOSODA
Largest movements
- Cash +€20,295
up €20,295, from €0 to €20,295
mainly Trade debts (+€21,309) and Net result for the year (+€7,643)
- Stocks and contracts -€5,199
down €5,199 (-12.4%), from €42,070 to €36,871
- Tangible fixed assets -€3,505
down €3,505 (-30.7%), from €11,416 to €7,911
of which Furniture and vehicles: -€3,233
- Receivables within one year +€3,200
up €3,200 (+7.1%), from €45,044 to €48,244
of which Trade receivables: +€2,320
- Trade debts +€21,309
up €21,309 (+114%), from €18,658 to €39,967
- Profit (loss) carried forward +€7,643
up €7,643 (+19.8%), from €38,660 to €46,303
- Debts after one year -€7,067
down €7,067 (-74.8%), from €9,455 to €2,387
- Tax, wage and social debts -€5,962
down €5,962 (-47.0%), from €12,698 to €6,736
of which Taxes: -€5,962
- Other debts -€1,194
down €1,194 (-100%), from €1,194 to €0
- Purchases and services -€106,358
no longer reported in 2025 (was €106,358)
- Turnover -€91,167
no longer reported in 2025 (was €91,167)
- Gross operating margin -€15,653
down €15,653 (-45.8%), from €34,206 to €18,553
- Other operating charges -€5,601
down €5,601 (-97.9%), from €5,721 to €120
- Depreciation +€3,479
up €3,479 (+115%), from €3,026 to €6,505
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 | €98,530 | €113,321 | +€14,790 | +15.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €11,416 | €7,911 | -€3,505 | -30.7% |
| Tangible fixed assets | 22/27 | €11,416 | €7,911 | -€3,505 | -30.7% |
| Plant, machinery and equipment | 23 | €627 | €355 | -€273 | -43.5% |
| Furniture and vehicles | 24 | €10,789 | €7,556 | -€3,233 | -30.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €87,114 | €105,410 | +€18,296 | +21.0% |
| Stocks and contracts in progress | 3 | €42,070 | €36,871 | -€5,199 | -12.4% |
| Stocks | 30/36 | €42,070 | €36,871 | -€5,199 | -12.4% |
| Amounts receivable within one year | 40/41 | €45,044 | €48,244 | +€3,200 | +7.1% |
| Trade receivables | 40 | €45,035 | €47,355 | +€2,320 | +5.2% |
| Other amounts receivable | 41 | €9 | €889 | +€880 | +9,906% |
| Cash at bank and in hand | 54/58 | €0 | €20,295 | +€20,295 | |
| Total equity and liabilities | 10/49 | €98,530 | €113,321 | +€14,790 | +15.0% |
| Equity | 10/15 | €46,720 | €54,363 | +€7,643 | +16.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,660 | €46,303 | +€7,643 | +19.8% |
| Amounts payable | 17/49 | €51,810 | €58,958 | +€7,147 | +13.8% |
| Amounts payable after more than one year | 17 | €9,455 | €2,387 | -€7,067 | -74.8% |
| Financial debts | 170/4 | €9,455 | €2,387 | -€7,067 | -74.8% |
| Amounts payable within one year | 42/48 | €39,556 | €53,770 | +€14,215 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €6,928 | €7,067 | +€139 | +2.0% |
| Financial debts | 43 | €77 | €0 | -€77 | -100% |
| Credit institutions | 430/8 | €77 | €0 | -€77 | -100% |
| Trade debts | 44 | €18,658 | €39,967 | +€21,309 | +114% |
| Suppliers | 440/4 | €18,658 | €39,967 | +€21,309 | +114% |
| Taxes, remuneration and social security | 45 | €12,698 | €6,736 | -€5,962 | -47.0% |
| Taxes | 450/3 | €11,198 | €5,236 | -€5,962 | -53.2% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €1,194 | €0 | -€1,194 | -100% |
| Accrued charges and deferred income | 492/3 | €2,800 | €2,800 | = | 0.0% |
| Turnover | 70 | €91,167 | - | -€91,167 | |
| Non-recurring operating income | 76A | €0 | €7 | +€7 | +2,225% |
| Goods, raw materials, services and sundry goods | 60/61 | €106,358 | - | -€106,358 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,026 | €6,505 | +€3,479 | +115% |
| Other operating charges | 640/8 | €5,721 | €120 | -€5,601 | -97.9% |
| Non-recurring operating charges | 66A | €18,890 | - | -€18,890 | |
| Gross operating margin | 9900 | €34,206 | €18,553 | -€15,653 | -45.8% |
| Operating profit (loss) | 9901 | €6,568 | €11,928 | +€5,360 | +81.6% |
| Financial charges | 65/66B | €1,831 | €1,564 | -€267 | -14.6% |
| Recurring financial charges | 65 | €1,831 | €1,564 | -€267 | -14.6% |
| Non-recurring financial charges | 66B | €0 | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €4,737 | €10,364 | +€5,626 | +119% |
| Income taxes | 67/77 | €1,349 | €2,720 | +€1,371 | +102% |
| Profit (loss) for the period | 9904 | €3,388 | €7,643 | +€4,255 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €3,388 | €7,643 | +€4,255 | +126% |
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.