toxminds: 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.
toxminds
Largest movements
- Receivables within one year +€312,901
up €312,901 (+41.0%), from €763,813 to €1.1m
of which Trade receivables: +€354,841
- Cash -€236,790
down €236,790 (-33.1%), from €715,546 to €478,756
mainly Contributions, distributions and other (-€642,105) and Receivables within one year (-€312,901)
- Deferred charges and accrued income +€16,467
up €16,467 (+35.2%), from €46,817 to €63,284
- Advances received +€52,342
up €52,342 (+80.4%), from €65,100 to €117,442
- Tax, wage and social debts +€33,375
up €33,375 (+29.6%), from €112,710 to €146,085
of which Remuneration and social security: +€25,450
- Trade debts +€27,715
up €27,715 (+26.7%), from €103,765 to €131,480
- Gross operating margin +€250,136
up €250,136 (+17.5%), from €1.4m to €1.7m
- Staff costs +€164,630
up €164,630 (+25.7%), from €640,301 to €804,932
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 | €1,534,154 | €1,632,338 | +€98,184 | +6.4% |
| Fixed assets | 21/28 | €7,978 | €13,584 | +€5,606 | +70.3% |
| Tangible fixed assets | 22/27 | €6,489 | €12,095 | +€5,606 | +86.4% |
| Furniture and vehicles | 24 | €6,489 | €12,095 | +€5,606 | +86.4% |
| Financial fixed assets | 28 | €1,489 | €1,489 | = | 0.0% |
| Current assets | 29/58 | €1,526,176 | €1,618,754 | +€92,578 | +6.1% |
| Amounts receivable within one year | 40/41 | €763,813 | €1,076,714 | +€312,901 | +41.0% |
| Trade receivables | 40 | €674,344 | €1,029,185 | +€354,841 | +52.6% |
| Other amounts receivable | 41 | €89,468 | €47,528 | -€41,940 | -46.9% |
| Cash at bank and in hand | 54/58 | €715,546 | €478,756 | -€236,790 | -33.1% |
| Deferred charges and accrued income | 490/1 | €46,817 | €63,284 | +€16,467 | +35.2% |
| Total equity and liabilities | 10/49 | €1,534,154 | €1,632,338 | +€98,184 | +6.4% |
| Equity | 10/15 | €595,084 | €590,975 | -€4,109 | -0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €565,018 | €565,018 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €544,408 | €544,408 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,865 | €19,757 | -€4,109 | -17.2% |
| Amounts payable | 17/49 | €939,070 | €1,041,363 | +€102,293 | +10.9% |
| Amounts payable within one year | 42/48 | €938,881 | €1,037,563 | +€98,682 | +10.5% |
| Trade debts | 44 | €103,765 | €131,480 | +€27,715 | +26.7% |
| Suppliers | 440/4 | €103,765 | €131,480 | +€27,715 | +26.7% |
| Advances received on contracts in progress | 46 | €65,100 | €117,442 | +€52,342 | +80.4% |
| Taxes, remuneration and social security | 45 | €112,710 | €146,085 | +€33,375 | +29.6% |
| Taxes | 450/3 | €26,558 | €34,483 | +€7,925 | +29.8% |
| Remuneration and social security | 454/9 | €86,152 | €111,602 | +€25,450 | +29.5% |
| Other amounts payable | 47/48 | €657,306 | €642,556 | -€14,750 | -2.2% |
| Accrued charges and deferred income | 492/3 | €189 | €3,800 | +€3,611 | +1,910% |
| Remuneration, social security and pensions | 62 | €640,301 | €804,932 | +€164,630 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,203 | €5,163 | -€40 | -0.8% |
| Other operating charges | 640/8 | €11,267 | €18,163 | +€6,895 | +61.2% |
| Gross operating margin | 9900 | €1,429,542 | €1,679,678 | +€250,136 | +17.5% |
| Operating profit (loss) | 9901 | €772,771 | €851,422 | +€78,651 | +10.2% |
| Financial income | 75/76B | €9,032 | €7,833 | -€1,200 | -13.3% |
| Recurring financial income | 75 | €9,032 | €7,833 | -€1,200 | -13.3% |
| Financial charges | 65/66B | €6,750 | €5,897 | -€853 | -12.6% |
| Recurring financial charges | 65 | €6,750 | €5,897 | -€853 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €775,053 | €853,357 | +€78,304 | +10.1% |
| Income taxes | 67/77 | €199,484 | €215,361 | +€15,877 | +8.0% |
| Profit (loss) for the period | 9904 | €575,569 | €637,996 | +€62,427 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €575,569 | €637,996 | +€62,427 | +10.8% |
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 14 October 2026 via checked.be.