TOUCHANT: what changed
Two fiscal 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.
TOUCHANT
Largest movements
- Tangible fixed assets -€17,416
down €17,416 (-5.6%), from €310,225 to €292,810
of which Land and buildings: -€12,367
- Intangible fixed assets -€9,343
down €9,343 (-14.3%), from €65,548 to €56,205
- Receivables within one year +€6,789
up €6,789 (+79.2%), from €8,571 to €15,360
of which Trade receivables: +€6,797
- Receivables after one year +€6,030
up €6,030 (+3.3%), from €184,580 to €190,609
- Debts after one year -€37,976
down €37,976 (-11.1%), from €341,036 to €303,060
- Accrued charges and deferred income +€11,164
up €11,164 (+429.9%), from €2,597 to €13,761
- Tax, wage and social debts +€9,504
up €9,504 (+166.9%), from €5,696 to €15,199
- Gross operating margin +€22,907
up €22,907 (+70.6%), from €32,429 to €55,336
- Other operating charges +€12,873
up €12,873 (+739.1%), from €1,742 to €14,615
- Depreciation +€3,310
up €3,310 (+11.5%), from €28,798 to €32,108
- Taxes +€2,563
up €2,563, from -€26 to €2,536
- Financial charges -€641
down €641 (-5.9%), from €10,833 to €10,191
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.
Cash bridge derived
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 | €575,878 | €561,565 | -€14,312 | -2.5% |
| Fixed assets | 21/28 | €375,773 | €349,015 | -€26,758 | -7.1% |
| Intangible fixed assets | 21 | €65,548 | €56,205 | -€9,343 | -14.3% |
| Tangible fixed assets | 22/27 | €310,225 | €292,810 | -€17,416 | -5.6% |
| Land and buildings | 22 | €269,049 | €256,682 | -€12,367 | -4.6% |
| Plant, machinery and equipment | 23 | €2,225 | €6,177 | +€3,952 | +177.6% |
| Furniture and vehicles | 24 | €38,951 | €29,951 | -€9,000 | -23.1% |
| Current assets | 29/58 | €200,104 | €212,551 | +€12,446 | +6.2% |
| Amounts receivable after more than one year | 29 | €184,580 | €190,609 | +€6,030 | +3.3% |
| Other amounts receivable | 291 | €184,580 | €190,609 | +€6,030 | +3.3% |
| Amounts receivable within one year | 40/41 | €8,571 | €15,360 | +€6,789 | +79.2% |
| Trade receivables | 40 | €8,563 | €15,360 | +€6,797 | +79.4% |
| Other amounts receivable | 41 | €8 | - | -€8 | |
| Cash at bank and in hand | 54/58 | €6,954 | €6,581 | -€373 | -5.4% |
| Total equity and liabilities | 10/49 | €575,878 | €561,565 | -€14,312 | -2.5% |
| Equity | 10/15 | €157,420 | €158,117 | +€697 | +0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €145,020 | €145,717 | +€697 | +0.5% |
| Distributable reserves | 133 | €145,020 | €145,717 | +€697 | +0.5% |
| Amounts payable | 17/49 | €418,457 | €403,448 | -€15,009 | -3.6% |
| Amounts payable after more than one year | 17 | €341,036 | €303,060 | -€37,976 | -11.1% |
| Financial debts | 170/4 | €341,036 | €303,060 | -€37,976 | -11.1% |
| Amounts payable within one year | 42/48 | €74,824 | €86,627 | +€11,803 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €36,691 | €37,899 | +€1,207 | +3.3% |
| Trade debts | 44 | €32,437 | €33,529 | +€1,092 | +3.4% |
| Suppliers | 440/4 | €32,437 | €33,529 | +€1,092 | +3.4% |
| Taxes, remuneration and social security | 45 | €5,696 | €15,199 | +€9,504 | +166.9% |
| Taxes | 450/3 | €5,696 | €15,199 | +€9,504 | +166.9% |
| Accrued charges and deferred income | 492/3 | €2,597 | €13,761 | +€11,164 | +429.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,798 | €32,108 | +€3,310 | +11.5% |
| Other operating charges | 640/8 | €1,742 | €14,615 | +€12,873 | +739.1% |
| Gross operating margin | 9900 | €32,429 | €55,336 | +€22,907 | +70.6% |
| Operating profit (loss) | 9901 | €1,889 | €8,612 | +€6,724 | +355.9% |
| Financial income | 75/76B | €4,342 | €4,812 | +€470 | +10.8% |
| Recurring financial income | 75 | €4,342 | €4,812 | +€470 | +10.8% |
| Financial charges | 65/66B | €10,833 | €10,191 | -€641 | -5.9% |
| Recurring financial charges | 65 | €10,833 | €10,191 | -€641 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,601 | €3,233 | +€7,835 | |
| Income taxes | 67/77 | -€26 | €2,536 | +€2,563 | |
| Profit (loss) for the period | 9904 | -€4,575 | €697 | +€5,272 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,575 | €697 | +€5,272 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.