TOTIFE: 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.
TOTIFE
Largest movements
- Cash +€37,594
up €37,594 (+39.9%), from €94,174 to €131,768
mainly Net result for the year (+€639,603) and Other debts (+€13,809)
- Receivables within one year -€12,032
down €12,032 (-100%), from €12,032 to €0
of which Other amounts receivable: -€11,878
- Tangible fixed assets -€4,745
down €4,745 (-34.1%), from €13,919 to €9,174
of which Land and buildings: -€2,600
- Other debts +€13,809
up €13,809 (+7.1%), from €194,899 to €208,707
- Tax, wage and social debts +€10,222
up €10,222 (+876%), from €1,167 to €11,389
- Trade debts -€3,064
down €3,064 (-59.4%), from €5,161 to €2,097
- Gross operating margin +€603,696
up €603,696 (+244%), from €247,023 to €850,719
- Taxes +€151,224
up €151,224 (+260%), from €58,148 to €209,372
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 | €219,976 | €240,793 | +€20,817 | +9.5% |
| Fixed assets | 21/28 | €13,919 | €9,174 | -€4,745 | -34.1% |
| Tangible fixed assets | 22/27 | €13,919 | €9,174 | -€4,745 | -34.1% |
| Land and buildings | 22 | €9,411 | €6,811 | -€2,600 | -27.6% |
| Furniture and vehicles | 24 | €4,508 | €2,363 | -€2,145 | -47.6% |
| Current assets | 29/58 | €206,056 | €231,618 | +€25,562 | +12.4% |
| Amounts receivable within one year | 40/41 | €12,032 | €0 | -€12,032 | -100% |
| Trade receivables | 40 | €154 | €0 | -€154 | -100% |
| Other amounts receivable | 41 | €11,878 | €0 | -€11,878 | -100% |
| Current investments | 50/53 | €99,850 | €99,850 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €94,174 | €131,768 | +€37,594 | +39.9% |
| Total equity and liabilities | 10/49 | €219,976 | €240,793 | +€20,817 | +9.5% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €201,376 | €222,193 | +€20,817 | +10.3% |
| Amounts payable within one year | 42/48 | €201,226 | €222,193 | +€20,967 | +10.4% |
| Trade debts | 44 | €5,161 | €2,097 | -€3,064 | -59.4% |
| Suppliers | 440/4 | €5,161 | €2,097 | -€3,064 | -59.4% |
| Taxes, remuneration and social security | 45 | €1,167 | €11,389 | +€10,222 | +876% |
| Taxes | 450/3 | €1,167 | €11,389 | +€10,222 | +876% |
| Other amounts payable | 47/48 | €194,899 | €208,707 | +€13,809 | +7.1% |
| Accrued charges and deferred income | 492/3 | €149 | €0 | -€149 | -100% |
| Remuneration, social security and pensions | 62 | €5,675 | €0 | -€5,675 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,745 | €4,745 | = | 0.0% |
| Other operating charges | 640/8 | €249 | €591 | +€343 | +138% |
| Gross operating margin | 9900 | €247,023 | €850,719 | +€603,696 | +244% |
| Operating profit (loss) | 9901 | €236,354 | €845,383 | +€609,029 | +258% |
| Financial income | 75/76B | €108 | €4,012 | +€3,903 | +3,600% |
| Recurring financial income | 75 | €108 | €4,012 | +€3,903 | +3,600% |
| Financial charges | 65/66B | €420 | €420 | -€0 | 0.0% |
| Recurring financial charges | 65 | €420 | €420 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €236,043 | €848,975 | +€612,932 | +260% |
| Income taxes | 67/77 | €58,148 | €209,372 | +€151,224 | +260% |
| Profit (loss) for the period | 9904 | €177,895 | €639,603 | +€461,708 | +260% |
| Profit (loss) for the period to be appropriated | 9905 | €177,895 | €639,603 | +€461,708 | +260% |
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 26 October 2026 via checked.be.