TOUSSELEC: 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.
TOUSSELEC
Largest movements
- Cash -€18,457
down €18,457 (-66.4%), from €27,805 to €9,348
mainly Other debts (-€43,886) and Deferred charges and accrued income (-€10,306)
- Receivables within one year -€13,071
down €13,071 (-13.7%), from €95,512 to €82,441
of which Trade receivables: -€19,008
- Deferred charges and accrued income +€10,306
up €10,306 (+285%), from €3,622 to €13,928
- Tangible fixed assets -€9,571
down €9,571 (-17.1%), from €55,839 to €46,268
of which Furniture and vehicles: -€7,002
- Stocks and contracts +€4,800
up €4,800 (+59.8%), from €8,030 to €12,830
- Other debts -€43,886
no longer reported in 2025 (was €43,886)
- Trade debts +€32,279
up €32,279 (+57.4%), from €56,210 to €88,489
- Tax, wage and social debts -€9,355
down €9,355 (-40.1%), from €23,348 to €13,993
of which Taxes: -€11,187
- Debts after one year -€8,602
down €8,602 (-27.9%), from €30,864 to €22,262
- Profit (loss) carried forward +€3,234
up €3,234 (+231%), from €1,398 to €4,632
- Other operating charges -€4,471
down €4,471 (-66.6%), from €6,711 to €2,240
- Gross operating margin -€4,008
down €4,008 (-4.3%), from €92,641 to €88,633
- Depreciation +€2,971
up €2,971 (+23.0%), from €12,941 to €15,913
- Staff costs +€2,612
up €2,612 (+4.5%), from €57,767 to €60,379
- Taxes -€1,302
down €1,302 (-36.1%), from €3,606 to €2,304
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 | €190,914 | €164,921 | -€25,993 | -13.6% |
| Fixed assets | 21/28 | €55,945 | €46,374 | -€9,571 | -17.1% |
| Tangible fixed assets | 22/27 | €55,839 | €46,268 | -€9,571 | -17.1% |
| Plant, machinery and equipment | 23 | €7,297 | €4,728 | -€2,569 | -35.2% |
| Furniture and vehicles | 24 | €48,541 | €41,540 | -€7,002 | -14.4% |
| Financial fixed assets | 28 | €106 | €106 | = | 0.0% |
| Current assets | 29/58 | €134,969 | €118,547 | -€16,422 | -12.2% |
| Stocks and contracts in progress | 3 | €8,030 | €12,830 | +€4,800 | +59.8% |
| Stocks | 30/36 | €8,030 | €12,830 | +€4,800 | +59.8% |
| Amounts receivable within one year | 40/41 | €95,512 | €82,441 | -€13,071 | -13.7% |
| Trade receivables | 40 | €89,566 | €70,558 | -€19,008 | -21.2% |
| Other amounts receivable | 41 | €5,946 | €11,883 | +€5,937 | +99.8% |
| Cash at bank and in hand | 54/58 | €27,805 | €9,348 | -€18,457 | -66.4% |
| Deferred charges and accrued income | 490/1 | €3,622 | €13,928 | +€10,306 | +285% |
| Total equity and liabilities | 10/49 | €190,914 | €164,921 | -€25,993 | -13.6% |
| Equity | 10/15 | €28,341 | €31,575 | +€3,234 | +11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,743 | €20,743 | = | 0.0% |
| Distributable reserves | 133 | €20,743 | €20,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,398 | €4,632 | +€3,234 | +231% |
| Amounts payable | 17/49 | €162,573 | €133,346 | -€29,227 | -18.0% |
| Amounts payable after more than one year | 17 | €30,864 | €22,262 | -€8,602 | -27.9% |
| Financial debts | 170/4 | €30,864 | €22,262 | -€8,602 | -27.9% |
| Amounts payable within one year | 42/48 | €131,709 | €111,083 | -€20,625 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €8,265 | €8,602 | +€337 | +4.1% |
| Trade debts | 44 | €56,210 | €88,489 | +€32,279 | +57.4% |
| Suppliers | 440/4 | €56,210 | €88,489 | +€32,279 | +57.4% |
| Taxes, remuneration and social security | 45 | €23,348 | €13,993 | -€9,355 | -40.1% |
| Taxes | 450/3 | €17,957 | €6,770 | -€11,187 | -62.3% |
| Remuneration and social security | 454/9 | €5,392 | €7,223 | +€1,831 | +34.0% |
| Other amounts payable | 47/48 | €43,886 | - | -€43,886 | |
| Remuneration, social security and pensions | 62 | €57,767 | €60,379 | +€2,612 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,941 | €15,913 | +€2,971 | +23.0% |
| Other operating charges | 640/8 | €6,711 | €2,240 | -€4,471 | -66.6% |
| Gross operating margin | 9900 | €92,641 | €88,633 | -€4,008 | -4.3% |
| Operating profit (loss) | 9901 | €15,222 | €10,101 | -€5,120 | -33.6% |
| Financial charges | 65/66B | €3,829 | €4,563 | +€734 | +19.2% |
| Recurring financial charges | 65 | €3,829 | €4,563 | +€734 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €11,393 | €5,538 | -€5,855 | -51.4% |
| Income taxes | 67/77 | €3,606 | €2,304 | -€1,302 | -36.1% |
| Profit (loss) for the period | 9904 | €7,787 | €3,234 | -€4,553 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,787 | €3,234 | -€4,553 | -58.5% |
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 17 October 2026 via checked.be.