TOTY TEAM: 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.
TOTY TEAM
Largest movements
- Receivables within one year -€22,402
down €22,402 (-45.1%), from €49,689 to €27,288
of which Trade receivables: -€23,042
- Deferred charges and accrued income -€16,805
down €16,805 (-46.6%), from €36,076 to €19,271
- Cash +€5,941
up €5,941 (+91.9%), from €6,462 to €12,403
mainly Receivables within one year (+€22,402) and Deferred charges and accrued income (+€16,805)
- Tangible fixed assets -€5,358
down €5,358 (-24.1%), from €22,228 to €16,870
of which Furniture and vehicles: -€5,094
- Trade debts -€25,230
down €25,230 (-64.3%), from €39,229 to €13,999
- Debts after one year -€8,940
down €8,940 (-58.9%), from €15,171 to €6,231
- Other debts -€6,035
down €6,035 (-63.6%), from €9,491 to €3,456
- Depreciation +€2,968
up €2,968 (+30.3%), from €9,796 to €12,764
- Financial charges -€1,588
down €1,588 (-28.5%), from €5,565 to €3,977
of which Financial charges: -€900
- Other operating charges -€1,513
down €1,513 (-94.6%), from €1,600 to €87
- Financial income -€704
down €704 (-98.2%), from €717 to €13
- Gross operating margin +€494
up €494 (+2.9%), from €16,847 to €17,342
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 | €114,455 | €75,832 | -€38,623 | -33.7% |
| Fixed assets | 21/28 | €22,228 | €16,870 | -€5,358 | -24.1% |
| Tangible fixed assets | 22/27 | €22,228 | €16,870 | -€5,358 | -24.1% |
| Plant, machinery and equipment | 23 | €824 | €561 | -€264 | -32.0% |
| Furniture and vehicles | 24 | €21,404 | €16,309 | -€5,094 | -23.8% |
| Current assets | 29/58 | €92,227 | €58,962 | -€33,265 | -36.1% |
| Amounts receivable within one year | 40/41 | €49,689 | €27,288 | -€22,402 | -45.1% |
| Trade receivables | 40 | €32,960 | €9,918 | -€23,042 | -69.9% |
| Other amounts receivable | 41 | €16,729 | €17,370 | +€641 | +3.8% |
| Cash at bank and in hand | 54/58 | €6,462 | €12,403 | +€5,941 | +91.9% |
| Deferred charges and accrued income | 490/1 | €36,076 | €19,271 | -€16,805 | -46.6% |
| Total equity and liabilities | 10/49 | €114,455 | €75,832 | -€38,623 | -33.7% |
| Equity | 10/15 | €37,348 | €37,401 | +€53 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,288 | €29,341 | +€53 | +0.2% |
| Amounts payable | 17/49 | €77,107 | €38,431 | -€38,676 | -50.2% |
| Amounts payable after more than one year | 17 | €15,171 | €6,231 | -€8,940 | -58.9% |
| Financial debts | 170/4 | €15,171 | €6,231 | -€8,940 | -58.9% |
| Amounts payable within one year | 42/48 | €61,936 | €32,200 | -€29,736 | -48.0% |
| Current portion of amounts payable after more than one year | 42 | €8,475 | €8,940 | +€465 | +5.5% |
| Trade debts | 44 | €39,229 | €13,999 | -€25,230 | -64.3% |
| Suppliers | 440/4 | €39,229 | €13,999 | -€25,230 | -64.3% |
| Taxes, remuneration and social security | 45 | €4,741 | €5,805 | +€1,064 | +22.4% |
| Taxes | 450/3 | €1,191 | €1,012 | -€179 | -15.1% |
| Remuneration and social security | 454/9 | €3,550 | €4,793 | +€1,243 | +35.0% |
| Other amounts payable | 47/48 | €9,491 | €3,456 | -€6,035 | -63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,796 | €12,764 | +€2,968 | +30.3% |
| Other operating charges | 640/8 | €1,600 | €87 | -€1,513 | -94.6% |
| Gross operating margin | 9900 | €16,847 | €17,342 | +€494 | +2.9% |
| Operating profit (loss) | 9901 | €5,452 | €4,491 | -€961 | -17.6% |
| Financial income | 75/76B | €717 | €13 | -€704 | -98.2% |
| Recurring financial income | 75 | €717 | €13 | -€704 | -98.2% |
| Financial charges | 65/66B | €5,565 | €3,977 | -€1,588 | -28.5% |
| Recurring financial charges | 65 | €2,295 | €1,395 | -€900 | -39.2% |
| Non-recurring financial charges | 66B | €3,270 | €2,582 | -€688 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €604 | €527 | -€76 | -12.7% |
| Income taxes | 67/77 | €555 | €474 | -€80 | -14.5% |
| Profit (loss) for the period | 9904 | €49 | €53 | +€4 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49 | €53 | +€4 | +8.1% |
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 27 October 2026 via checked.be.