TOTE BAG: what changed
TOTE BAG
Largest movements
- Current investments +€705
new in 2025: €705
- Receivables within one year -€545
down €545 (-20.2%), from €2,692 to €2,148
- Cash -€267
no longer reported in 2025 (was €267)
mainly Current investments (-€705) and Tax, wage and social debts (-€237)
- Tangible fixed assets -€265
no longer reported in 2025 (was €265)
of which Furniture and vehicles: -€265
- Tax, wage and social debts -€237
down €237 (-19.0%), from €1,247 to €1,010
- Profit (loss) carried forward -€134
down €134 (-1.0%), from -€13,704 to -€13,838
- Purchases and services -€1,955
down €1,955 (-8.8%), from €22,107 to €20,153
- Turnover -€1,624
down €1,624 (-7.4%), from €21,946 to €20,322
- Gross operating margin +€331
up €331, from -€162 to €169
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,404 | €3,033 | -€371 | -10.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €445 | €180 | -€265 | -59.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €265 | - | -€265 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €265 | - | -€265 | |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €2,959 | €2,853 | -€106 | -3.6% |
| Amounts receivable within one year | 40/41 | €2,692 | €2,148 | -€545 | -20.2% |
| Trade receivables | 40 | €2,692 | €2,148 | -€545 | -20.2% |
| Current investments | 50/53 | - | €705 | +€705 | |
| Cash at bank and in hand | 54/58 | €267 | - | -€267 | |
| Total equity and liabilities | 10/49 | €3,404 | €3,033 | -€371 | -10.9% |
| Equity | 10/15 | €656 | €522 | -€134 | -20.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | €12,500 | = | 0.0% |
| Issued capital | 100 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,704 | -€13,838 | -€134 | -1.0% |
| Amounts payable | 17/49 | €2,748 | €2,511 | -€237 | -8.6% |
| Amounts payable within one year | 42/48 | €2,748 | €2,511 | -€237 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,247 | €1,010 | -€237 | -19.0% |
| Taxes | 450/3 | €1,247 | €1,010 | -€237 | -19.0% |
| Other amounts payable | 47/48 | €1,501 | €1,501 | = | 0.0% |
| Turnover | 70 | €21,946 | €20,322 | -€1,624 | -7.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,107 | €20,153 | -€1,955 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €360 | €265 | -€95 | -26.4% |
| Gross operating margin | 9900 | -€162 | €169 | +€331 | |
| Operating profit (loss) | 9901 | -€522 | -€96 | +€426 | +81.6% |
| Financial charges | 65/66B | €79 | €38 | -€40 | -51.5% |
| Recurring financial charges | 65 | €79 | €38 | -€40 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | -€600 | -€134 | +€466 | +77.6% |
| Profit (loss) for the period | 9904 | -€600 | -€134 | +€466 | +77.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€600 | -€134 | +€466 | +77.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.