TOTSIS: 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.
TOTSIS
Largest movements
- Cash -€5,548
down €5,548 (-21.8%), from €25,410 to €19,862
mainly Receivables within one year (-€4,672) and Net result for the year (-€2,632)
- Receivables within one year +€4,672
up €4,672 (+100%), from €4,665 to €9,337
of which Trade receivables: +€4,504
- Tangible fixed assets -€3,378
down €3,378 (-59.4%), from €5,687 to €2,309
- Profit (loss) carried forward -€2,632
down €2,632 (-9.9%), from €26,529 to €23,897
- Current portion of long-term debt -€1,933
no longer reported in 2025 (was €1,933)
- Tax, wage and social debts +€673
new in 2025: €673
- Gross operating margin +€949
up €949 (+74.0%), from €1,282 to €2,230
- Other operating charges -€464
down €464 (-42.5%), from €1,091 to €627
- Taxes +€146
up €146 (+28.2%), from €517 to €663
- Depreciation -€64
down €64 (-1.9%), from €3,442 to €3,378
- Financial charges -€57
down €57 (-22.6%), from €251 to €195
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 | €37,457 | €33,355 | -€4,103 | -11.0% |
| Fixed assets | 21/28 | €5,687 | €2,309 | -€3,378 | -59.4% |
| Tangible fixed assets | 22/27 | €5,687 | €2,309 | -€3,378 | -59.4% |
| Furniture and vehicles | 24 | €5,687 | €2,309 | -€3,378 | -59.4% |
| Current assets | 29/58 | €31,770 | €31,045 | -€725 | -2.3% |
| Amounts receivable within one year | 40/41 | €4,665 | €9,337 | +€4,672 | +100% |
| Trade receivables | 40 | €4,651 | €9,155 | +€4,504 | +96.9% |
| Other amounts receivable | 41 | €14 | €182 | +€168 | +1,193% |
| Cash at bank and in hand | 54/58 | €25,410 | €19,862 | -€5,548 | -21.8% |
| Deferred charges and accrued income | 490/1 | €1,695 | €1,847 | +€151 | +8.9% |
| Total equity and liabilities | 10/49 | €37,457 | €33,355 | -€4,103 | -11.0% |
| Equity | 10/15 | €35,007 | €32,375 | -€2,632 | -7.5% |
| Contributions | 10/11 | €6,619 | €6,619 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,529 | €23,897 | -€2,632 | -9.9% |
| Amounts payable | 17/49 | €2,450 | €979 | -€1,471 | -60.0% |
| Amounts payable within one year | 42/48 | €2,450 | €979 | -€1,471 | -60.0% |
| Current portion of amounts payable after more than one year | 42 | €1,933 | - | -€1,933 | |
| Trade debts | 44 | €517 | €306 | -€211 | -40.7% |
| Suppliers | 440/4 | €517 | €306 | -€211 | -40.7% |
| Taxes, remuneration and social security | 45 | - | €673 | +€673 | |
| Taxes | 450/3 | - | €673 | +€673 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,442 | €3,378 | -€64 | -1.9% |
| Other operating charges | 640/8 | €1,091 | €627 | -€464 | -42.5% |
| Gross operating margin | 9900 | €1,282 | €2,230 | +€949 | +74.0% |
| Operating profit (loss) | 9901 | -€3,252 | -€1,775 | +€1,477 | +45.4% |
| Financial charges | 65/66B | €251 | €195 | -€57 | -22.6% |
| Recurring financial charges | 65 | €251 | €195 | -€57 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,503 | -€1,970 | +€1,534 | +43.8% |
| Income taxes | 67/77 | €517 | €663 | +€146 | +28.2% |
| Profit (loss) for the period | 9904 | -€4,020 | -€2,632 | +€1,388 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,020 | -€2,632 | +€1,388 | +34.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.