Totaal Concept: 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.
Totaal Concept
Largest movements
- Receivables within one year +€12,916
up €12,916 (+87.8%), from €14,713 to €27,629
of which Other amounts receivable: +€18,350
- Cash +€5,785
up €5,785 (+109%), from €5,293 to €11,078
mainly Net result for the year (+€27,746) and Depreciation (+€8,217)
- Tangible fixed assets +€4,626
up €4,626 (+32.2%), from €14,362 to €18,988
of which Furniture and vehicles: +€2,375
- Deferred charges and accrued income -€2,774
no longer reported in 2025 (was €2,774)
- Intangible fixed assets -€1,657
no longer reported in 2025 (was €1,657)
- Profit (loss) carried forward +€27,746
new in 2025: €27,746
- Other debts -€4,562
no longer reported in 2025 (was €4,562)
- Current portion of long-term debt +€3,375
new in 2025: €3,375
- Short-term financial debts -€3,333
no longer reported in 2025 (was €3,333)
- Trade debts -€2,997
down €2,997 (-13.6%), from €22,088 to €19,091
- Gross operating margin +€29,897
up €29,897 (+198%), from €15,103 to €45,000
- Taxes +€6,234
up €6,234 (+307%), from €2,027 to €8,262
- Depreciation +€4,499
up €4,499 (+121%), from €3,717 to €8,217
- Staff costs -€1,034
no longer reported in 2025 (was €1,034)
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 | €41,799 | €61,928 | +€20,129 | +48.2% |
| Formation expenses | 20 | - | €1,233 | +€1,233 | |
| Fixed assets | 21/28 | €19,019 | €21,988 | +€2,969 | +15.6% |
| Intangible fixed assets | 21 | €1,657 | - | -€1,657 | |
| Tangible fixed assets | 22/27 | €14,362 | €18,988 | +€4,626 | +32.2% |
| Plant, machinery and equipment | 23 | €1,599 | €3,849 | +€2,250 | +141% |
| Furniture and vehicles | 24 | €12,763 | €15,138 | +€2,375 | +18.6% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €22,780 | €38,707 | +€15,928 | +69.9% |
| Amounts receivable within one year | 40/41 | €14,713 | €27,629 | +€12,916 | +87.8% |
| Trade receivables | 40 | €5,434 | - | -€5,434 | |
| Other amounts receivable | 41 | €9,279 | €27,629 | +€18,350 | +198% |
| Cash at bank and in hand | 54/58 | €5,293 | €11,078 | +€5,785 | +109% |
| Deferred charges and accrued income | 490/1 | €2,774 | - | -€2,774 | |
| Total equity and liabilities | 10/49 | €41,799 | €61,928 | +€20,129 | +48.2% |
| Equity | 10/15 | €9,728 | €37,475 | +€27,746 | +285% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €7,228 | €7,228 | = | 0.0% |
| Distributable reserves | 133 | €7,228 | €7,228 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €27,746 | +€27,746 | |
| Amounts payable | 17/49 | €32,070 | €24,453 | -€7,617 | -23.8% |
| Amounts payable within one year | 42/48 | €32,070 | €24,453 | -€7,617 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,375 | +€3,375 | |
| Financial debts | 43 | €3,333 | - | -€3,333 | |
| Credit institutions | 430/8 | €3,333 | - | -€3,333 | |
| Trade debts | 44 | €22,088 | €19,091 | -€2,997 | -13.6% |
| Suppliers | 440/4 | €22,088 | €19,091 | -€2,997 | -13.6% |
| Taxes, remuneration and social security | 45 | €2,087 | €1,987 | -€99 | -4.8% |
| Taxes | 450/3 | - | €1,987 | +€1,987 | |
| Remuneration and social security | 454/9 | €2,087 | - | -€2,087 | |
| Other amounts payable | 47/48 | €4,562 | - | -€4,562 | |
| Remuneration, social security and pensions | 62 | €1,034 | - | -€1,034 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,717 | €8,217 | +€4,499 | +121% |
| Other operating charges | 640/8 | €375 | €163 | -€212 | -56.5% |
| Gross operating margin | 9900 | €15,103 | €45,000 | +€29,897 | +198% |
| Operating profit (loss) | 9901 | €9,976 | €36,620 | +€26,644 | +267% |
| Financial income | 75/76B | €90 | €186 | +€96 | +107% |
| Recurring financial income | 75 | €90 | €186 | +€96 | +107% |
| Financial charges | 65/66B | €810 | €798 | -€12 | -1.5% |
| Recurring financial charges | 65 | €810 | €798 | -€12 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €9,256 | €36,008 | +€26,752 | +289% |
| Income taxes | 67/77 | €2,027 | €8,262 | +€6,234 | +307% |
| Profit (loss) for the period | 9904 | €7,228 | €27,746 | +€20,518 | +284% |
| Profit (loss) for the period to be appropriated | 9905 | €7,228 | €27,746 | +€20,518 | +284% |
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 31 October 2026 via checked.be.