TOVYNA: 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.
TOVYNA
Largest movements
- Receivables within one year -€6,984
down €6,984 (-19.1%), from €36,575 to €29,592
of which Trade receivables: -€8,576
- Cash +€6,749
up €6,749 (+39.1%), from €17,244 to €23,993
mainly Net result for the year (+€12,157) and Other debts (+€8,457)
- Financial fixed assets -€1,750
down €1,750 (-13.5%), from €13,000 to €11,250
- Trade debts -€8,547
down €8,547 (-100.0%), from €8,547 to €0
- Other debts +€8,457
up €8,457 (+22.7%), from €37,293 to €45,751
- Tax, wage and social debts -€8,122
down €8,122 (-60.0%), from €13,539 to €5,417
- Profit (loss) carried forward +€6,157
up €6,157 (+6.5%), from €94,981 to €101,139
- Gross operating margin +€5,684
up €5,684 (+32.1%), from €17,694 to €23,378
- Other operating charges +€1,550
up €1,550 (+223.3%), from €694 to €2,244
- Financial charges +€1,481
up €1,481 (+1008.2%), from €147 to €1,628
- Taxes -€374
down €374 (-19.7%), from €1,900 to €1,526
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,215 | €158,161 | -€2,054 | -1.3% |
| Fixed assets | 21/28 | €106,396 | €103,399 | -€2,997 | -2.8% |
| Tangible fixed assets | 22/27 | €93,396 | €92,149 | -€1,247 | -1.3% |
| Land and buildings | 22 | €85,263 | €82,759 | -€2,504 | -2.9% |
| Furniture and vehicles | 24 | €8,132 | €7,604 | -€529 | -6.5% |
| Other tangible fixed assets | 26 | - | €1,786 | +€1,786 | |
| Financial fixed assets | 28 | €13,000 | €11,250 | -€1,750 | -13.5% |
| Current assets | 29/58 | €53,819 | €54,762 | +€943 | +1.8% |
| Stocks and contracts in progress | 3 | - | €1,177 | +€1,177 | |
| Stocks | 30/36 | - | €1,177 | +€1,177 | |
| Amounts receivable within one year | 40/41 | €36,575 | €29,592 | -€6,984 | -19.1% |
| Trade receivables | 40 | €36,575 | €27,999 | -€8,576 | -23.4% |
| Other amounts receivable | 41 | - | €1,593 | +€1,593 | |
| Cash at bank and in hand | 54/58 | €17,244 | €23,993 | +€6,749 | +39.1% |
| Total equity and liabilities | 10/49 | €160,215 | €158,161 | -€2,054 | -1.3% |
| Equity | 10/15 | €100,836 | €106,994 | +€6,157 | +6.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,981 | €101,139 | +€6,157 | +6.5% |
| Amounts payable | 17/49 | €59,379 | €51,167 | -€8,211 | -13.8% |
| Amounts payable within one year | 42/48 | €59,379 | €51,167 | -€8,211 | -13.8% |
| Trade debts | 44 | €8,547 | €0 | -€8,547 | -100.0% |
| Suppliers | 440/4 | €8,547 | €0 | -€8,547 | -100.0% |
| Taxes, remuneration and social security | 45 | €13,539 | €5,417 | -€8,122 | -60.0% |
| Taxes | 450/3 | €13,539 | €5,417 | -€8,122 | -60.0% |
| Other amounts payable | 47/48 | €37,293 | €45,751 | +€8,457 | +22.7% |
| Remuneration, social security and pensions | 62 | €1,065 | €1,228 | +€162 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,634 | €4,813 | +€179 | +3.9% |
| Other operating charges | 640/8 | €694 | €2,244 | +€1,550 | +223.3% |
| Gross operating margin | 9900 | €17,694 | €23,378 | +€5,684 | +32.1% |
| Operating profit (loss) | 9901 | €11,300 | €15,093 | +€3,793 | +33.6% |
| Financial income | 75/76B | €22 | €217 | +€195 | +892.0% |
| Recurring financial income | 75 | €22 | €217 | +€195 | +892.0% |
| Financial charges | 65/66B | €147 | €1,628 | +€1,481 | +1008.2% |
| Recurring financial charges | 65 | €147 | €1,628 | +€1,481 | +1008.2% |
| Profit (loss) for the period before taxes | 9903 | €11,175 | €13,683 | +€2,508 | +22.4% |
| Income taxes | 67/77 | €1,900 | €1,526 | -€374 | -19.7% |
| Profit (loss) for the period | 9904 | €9,275 | €12,157 | +€2,882 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,275 | €12,157 | +€2,882 | +31.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.