Toutkan: 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.
Toutkan
Largest movements
- Receivables within one year +€17,948
up €17,948 (+253%), from €7,105 to €25,053
of which Trade receivables: +€13,441
- Stocks and contracts -€11,181
down €11,181 (-78.6%), from €14,232 to €3,051
of which Contracts in progress: -€11,610
- Cash +€10,997
up €10,997 (+16.6%), from €66,095 to €77,093
mainly Net result for the year (+€19,194) and Stocks and contracts (+€11,181)
- Reserves +€19,194
up €19,194 (+22.2%), from €86,586 to €105,779
- Gross operating margin -€15,556
down €15,556 (-34.5%), from €45,034 to €29,477
- Taxes -€1,993
down €1,993 (-23.8%), from €8,391 to €6,398
- Other operating charges +€667
up €667 (+346%), from €193 to €860
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 | €90,729 | €110,314 | +€19,586 | +21.6% |
| Fixed assets | 21/28 | €3,259 | €4,197 | +€939 | +28.8% |
| Intangible fixed assets | 21 | €437 | €287 | -€150 | -34.3% |
| Tangible fixed assets | 22/27 | €2,821 | €3,910 | +€1,089 | +38.6% |
| Plant, machinery and equipment | 23 | €991 | - | -€991 | |
| Furniture and vehicles | 24 | €1,830 | €3,910 | +€2,080 | +114% |
| Current assets | 29/58 | €87,470 | €106,117 | +€18,647 | +21.3% |
| Stocks and contracts in progress | 3 | €14,232 | €3,051 | -€11,181 | -78.6% |
| Stocks | 30/36 | €2,622 | €3,051 | +€429 | +16.4% |
| Contracts in progress | 37 | €11,610 | - | -€11,610 | |
| Amounts receivable within one year | 40/41 | €7,105 | €25,053 | +€17,948 | +253% |
| Trade receivables | 40 | €2,185 | €15,627 | +€13,441 | +615% |
| Other amounts receivable | 41 | €4,920 | €9,427 | +€4,507 | +91.6% |
| Cash at bank and in hand | 54/58 | €66,095 | €77,093 | +€10,997 | +16.6% |
| Deferred charges and accrued income | 490/1 | €38 | €920 | +€882 | +2,353% |
| Total equity and liabilities | 10/49 | €90,729 | €110,314 | +€19,586 | +21.6% |
| Equity | 10/15 | €89,586 | €108,779 | +€19,194 | +21.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €86,586 | €105,779 | +€19,194 | +22.2% |
| Distributable reserves | 133 | €86,586 | €105,779 | +€19,194 | +22.2% |
| Amounts payable | 17/49 | €1,143 | €1,535 | +€392 | +34.3% |
| Amounts payable within one year | 42/48 | €1,143 | €1,535 | +€392 | +34.3% |
| Trade debts | 44 | €1,143 | €1,535 | +€392 | +34.3% |
| Suppliers | 440/4 | €1,143 | €1,535 | +€392 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,233 | €2,971 | -€262 | -8.1% |
| Other operating charges | 640/8 | €193 | €860 | +€667 | +346% |
| Gross operating margin | 9900 | €45,034 | €29,477 | -€15,556 | -34.5% |
| Operating profit (loss) | 9901 | €41,607 | €25,646 | -€15,962 | -38.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €41,556 | €25,592 | -€15,965 | -38.4% |
| Income taxes | 67/77 | €8,391 | €6,398 | -€1,993 | -23.8% |
| Profit (loss) for the period | 9904 | €33,165 | €19,194 | -€13,972 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,165 | €19,194 | -€13,972 | -42.1% |
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 13 October 2026 via checked.be.