TOTCH: 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.
TOTCH
Largest movements
- Tangible fixed assets -€41,209
down €41,209 (-7.1%), from €576,516 to €535,307
- Cash +€28,660
up €28,660 (+34.7%), from €82,703 to €111,363
mainly Depreciation (+€76,917) and Net result for the year (+€24,598)
- Intangible fixed assets +€9,410
new in 2025: €9,410
- Receivables within one year -€9,143
down €9,143 (-13.7%), from €66,963 to €57,820
of which Other amounts receivable: -€14,990
- Debts after one year -€46,470
down €46,470 (-8.2%), from €563,394 to €516,924
- Reserves +€24,550
up €24,550 (+28.4%), from €86,400 to €110,950
- Trade debts -€10,251
down €10,251 (-92.5%), from €11,079 to €828
- Tax, wage and social debts +€8,879
up €8,879 (+53.5%), from €16,595 to €25,475
of which Taxes: +€6,792
- Gross operating margin +€20,434
up €20,434 (+7.2%), from €283,091 to €303,525
- Taxes +€10,017
up €10,017 (+163%), from €6,157 to €16,174
- Staff costs +€4,906
up €4,906 (+3.1%), from €157,263 to €162,168
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 | €745,017 | €720,323 | -€24,694 | -3.3% |
| Fixed assets | 21/28 | €576,516 | €544,717 | -€31,799 | -5.5% |
| Intangible fixed assets | 21 | - | €9,410 | +€9,410 | |
| Tangible fixed assets | 22/27 | €576,516 | €535,307 | -€41,209 | -7.1% |
| Land and buildings | 22 | €458,063 | €450,298 | -€7,765 | -1.7% |
| Plant, machinery and equipment | 23 | €24,312 | €15,678 | -€8,634 | -35.5% |
| Furniture and vehicles | 24 | €14,836 | €9,326 | -€5,510 | -37.1% |
| Leasing and similar rights | 25 | €79,305 | €60,005 | -€19,300 | -24.3% |
| Current assets | 29/58 | €168,501 | €175,606 | +€7,105 | +4.2% |
| Stocks and contracts in progress | 3 | €13,170 | €5,969 | -€7,201 | -54.7% |
| Stocks | 30/36 | €13,170 | €5,969 | -€7,201 | -54.7% |
| Amounts receivable within one year | 40/41 | €66,963 | €57,820 | -€9,143 | -13.7% |
| Trade receivables | 40 | €49,128 | €54,975 | +€5,847 | +11.9% |
| Other amounts receivable | 41 | €17,835 | €2,845 | -€14,990 | -84.0% |
| Cash at bank and in hand | 54/58 | €82,703 | €111,363 | +€28,660 | +34.7% |
| Deferred charges and accrued income | 490/1 | €5,666 | €454 | -€5,212 | -92.0% |
| Total equity and liabilities | 10/49 | €745,017 | €720,323 | -€24,694 | -3.3% |
| Equity | 10/15 | €98,236 | €122,834 | +€24,598 | +25.0% |
| Contributions | 10/11 | €9,860 | €9,860 | = | 0.0% |
| Reserves | 13 | €86,400 | €110,950 | +€24,550 | +28.4% |
| Distributable reserves | 133 | €86,400 | €110,950 | +€24,550 | +28.4% |
| Profit (loss) carried forward | 14 | €1,976 | €2,024 | +€48 | +2.5% |
| Amounts payable | 17/49 | €646,781 | €597,488 | -€49,292 | -7.6% |
| Amounts payable after more than one year | 17 | €563,394 | €516,924 | -€46,470 | -8.2% |
| Financial debts | 170/4 | €563,394 | €516,924 | -€46,470 | -8.2% |
| Amounts payable within one year | 42/48 | €83,387 | €80,565 | -€2,822 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €45,576 | €46,470 | +€894 | +2.0% |
| Trade debts | 44 | €11,079 | €828 | -€10,251 | -92.5% |
| Suppliers | 440/4 | €11,079 | €828 | -€10,251 | -92.5% |
| Taxes, remuneration and social security | 45 | €16,595 | €25,475 | +€8,879 | +53.5% |
| Taxes | 450/3 | - | €6,792 | +€6,792 | |
| Remuneration and social security | 454/9 | €16,595 | €18,683 | +€2,087 | +12.6% |
| Other amounts payable | 47/48 | €10,137 | €7,792 | -€2,345 | -23.1% |
| Non-recurring operating income | 76A | €452 | €3,962 | +€3,510 | +776% |
| Remuneration, social security and pensions | 62 | €157,263 | €162,168 | +€4,906 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,358 | €76,917 | +€2,559 | +3.4% |
| Other operating charges | 640/8 | €4,742 | €4,858 | +€116 | +2.4% |
| Gross operating margin | 9900 | €283,091 | €303,525 | +€20,434 | +7.2% |
| Operating profit (loss) | 9901 | €46,728 | €59,582 | +€12,854 | +27.5% |
| Financial income | 75/76B | €2,843 | €2,317 | -€526 | -18.5% |
| Recurring financial income | 75 | €2,843 | €2,317 | -€526 | -18.5% |
| Financial charges | 65/66B | €22,819 | €21,126 | -€1,693 | -7.4% |
| Recurring financial charges | 65 | €22,819 | €21,126 | -€1,693 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €26,752 | €40,773 | +€14,021 | +52.4% |
| Income taxes | 67/77 | €6,157 | €16,174 | +€10,017 | +163% |
| Profit (loss) for the period | 9904 | €20,595 | €24,598 | +€4,003 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,595 | €24,598 | +€4,003 | +19.4% |
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 23 October 2026 via checked.be.