Toulouse: 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.
Toulouse
Largest movements
- Tangible fixed assets -€967,818
down €967,818 (-37.2%), from €2.6m to €1.6m
of which Land and buildings: -€958,916
- Cash +€359,931
up €359,931 (+239%), from €150,692 to €510,623
mainly Investment in fixed assets (net) (+€873,520) and Depreciation (+€94,298)
- Deferred charges and accrued income +€79,018
up €79,018 (+3,986%), from €1,982 to €81,000
- Receivables within one year +€50,090
up €50,090 (+36.3%), from €137,862 to €187,952
of which Other amounts receivable: +€113,638
- Debts after one year -€359,062
down €359,062 (-21.1%), from €1.7m to €1.3m
- Reserves -€91,342
down €91,342 (-9.2%), from €992,456 to €901,114
- Current portion of long-term debt +€68,173
up €68,173 (+126%), from €54,290 to €122,463
- Trade debts -€59,403
down €59,403 (-93.5%), from €63,563 to €4,160
- Tax, wage and social debts -€37,146
down €37,146 (-51.8%), from €71,758 to €34,612
- Gross operating margin -€122,690
down €122,690 (-35.4%), from €346,457 to €223,767
- Depreciation -€56,593
down €56,593 (-37.5%), from €150,891 to €94,298
- Taxes -€49,521
down €49,521 (-94.9%), from €52,200 to €2,679
- Financial charges +€28,730
up €28,730 (+135%), from €21,212 to €49,942
- Other operating charges -€9,454
down €9,454 (-28.1%), from €33,652 to €24,199
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 | €2,893,084 | €2,414,304 | -€478,780 | -16.5% |
| Fixed assets | 21/28 | €2,602,548 | €1,634,730 | -€967,818 | -37.2% |
| Tangible fixed assets | 22/27 | €2,602,368 | €1,634,550 | -€967,818 | -37.2% |
| Land and buildings | 22 | €2,491,288 | €1,532,372 | -€958,916 | -38.5% |
| Plant, machinery and equipment | 23 | €1,899 | €711 | -€1,188 | -62.6% |
| Furniture and vehicles | 24 | €29,180 | €15,189 | -€13,991 | -47.9% |
| Other tangible fixed assets | 26 | €80,000 | €86,278 | +€6,278 | +7.8% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €290,537 | €779,575 | +€489,038 | +168% |
| Amounts receivable within one year | 40/41 | €137,862 | €187,952 | +€50,090 | +36.3% |
| Trade receivables | 40 | €108,852 | €45,304 | -€63,549 | -58.4% |
| Other amounts receivable | 41 | €29,010 | €142,648 | +€113,638 | +392% |
| Cash at bank and in hand | 54/58 | €150,692 | €510,623 | +€359,931 | +239% |
| Deferred charges and accrued income | 490/1 | €1,982 | €81,000 | +€79,018 | +3,986% |
| Total equity and liabilities | 10/49 | €2,893,084 | €2,414,304 | -€478,780 | -16.5% |
| Equity | 10/15 | €998,656 | €907,314 | -€91,342 | -9.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €992,456 | €901,114 | -€91,342 | -9.2% |
| Distributable reserves | 133 | €992,456 | €901,114 | -€91,342 | -9.2% |
| Amounts payable | 17/49 | €1,894,429 | €1,506,991 | -€387,438 | -20.5% |
| Amounts payable after more than one year | 17 | €1,704,818 | €1,345,756 | -€359,062 | -21.1% |
| Financial debts | 170/4 | €1,704,818 | €1,345,756 | -€359,062 | -21.1% |
| Amounts payable within one year | 42/48 | €189,611 | €161,235 | -€28,376 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €54,290 | €122,463 | +€68,173 | +126% |
| Trade debts | 44 | €63,563 | €4,160 | -€59,403 | -93.5% |
| Suppliers | 440/4 | €63,563 | €4,160 | -€59,403 | -93.5% |
| Taxes, remuneration and social security | 45 | €71,758 | €34,612 | -€37,146 | -51.8% |
| Taxes | 450/3 | €71,758 | €34,612 | -€37,146 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,891 | €94,298 | -€56,593 | -37.5% |
| Other operating charges | 640/8 | €33,652 | €24,199 | -€9,454 | -28.1% |
| Non-recurring operating charges | 66A | - | €144,267 | +€144,267 | |
| Gross operating margin | 9900 | €346,457 | €223,767 | -€122,690 | -35.4% |
| Operating profit (loss) | 9901 | €161,914 | -€38,997 | -€200,910 | |
| Financial income | 75/76B | €691 | €276 | -€415 | -60.1% |
| Recurring financial income | 75 | €691 | €276 | -€415 | -60.1% |
| Financial charges | 65/66B | €21,212 | €49,942 | +€28,730 | +135% |
| Recurring financial charges | 65 | €21,212 | €49,942 | +€28,730 | +135% |
| Profit (loss) for the period before taxes | 9903 | €141,392 | -€88,662 | -€230,055 | |
| Income taxes | 67/77 | €52,200 | €2,679 | -€49,521 | -94.9% |
| Profit (loss) for the period | 9904 | €89,192 | -€91,342 | -€180,534 | |
| Profit (loss) for the period to be appropriated | 9905 | €89,192 | -€91,342 | -€180,534 |
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 16 October 2026 via checked.be.