Toyce: 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.
Toyce
Largest movements
- Cash +€10,470
up €10,470 (+88.5%), from €11,836 to €22,307
mainly Other debts (+€20,000) and Net result for the year (+€19,451)
- Receivables within one year -€5,875
down €5,875 (-26.9%), from €21,864 to €15,989
of which Other amounts receivable: -€12,953
- Tangible fixed assets -€3,098
down €3,098 (-4.2%), from €74,357 to €71,259
of which Plant, machinery and equipment: -€1,805
- Other debts +€20,000
new in 2025: €20,000
- Debts after one year -€11,736
down €11,736 (-27.6%), from €42,545 to €30,808
- Trade debts -€8,325
down €8,325 (-49.9%), from €16,673 to €8,348
- Tax, wage and social debts +€2,166
up €2,166 (+14.5%), from €14,890 to €17,056
of which Taxes: +€4,636
- Current portion of long-term debt -€1,674
down €1,674 (-12.5%), from €13,411 to €11,736
- Gross operating margin +€45,595
up €45,595 (+342.2%), from €13,324 to €58,920
- Depreciation -€9,750
down €9,750 (-69.3%), from €14,078 to €4,328
- Taxes +€7,704
up €7,704 (+1001.2%), from €770 to €8,474
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.
Cash bridge derived
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 | €109,003 | €109,814 | +€811 | +0.7% |
| Fixed assets | 21/28 | €74,457 | €71,359 | -€3,098 | -4.2% |
| Tangible fixed assets | 22/27 | €74,357 | €71,259 | -€3,098 | -4.2% |
| Land and buildings | 22 | €58,800 | €58,800 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,916 | €7,111 | -€1,805 | -20.2% |
| Furniture and vehicles | 24 | €4,832 | €3,721 | -€1,111 | -23.0% |
| Other tangible fixed assets | 26 | €1,808 | €1,626 | -€182 | -10.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €34,546 | €38,455 | +€3,909 | +11.3% |
| Amounts receivable within one year | 40/41 | €21,864 | €15,989 | -€5,875 | -26.9% |
| Trade receivables | 40 | €8,557 | €15,635 | +€7,079 | +82.7% |
| Other amounts receivable | 41 | €13,307 | €354 | -€12,953 | -97.3% |
| Cash at bank and in hand | 54/58 | €11,836 | €22,307 | +€10,470 | +88.5% |
| Deferred charges and accrued income | 490/1 | €845 | €159 | -€686 | -81.2% |
| Total equity and liabilities | 10/49 | €109,003 | €109,814 | +€811 | +0.7% |
| Equity | 10/15 | €21,074 | €20,526 | -€549 | -2.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €20,074 | €19,526 | -€549 | -2.7% |
| Distributable reserves | 133 | €20,074 | €19,526 | -€549 | -2.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €87,929 | €89,288 | +€1,359 | +1.5% |
| Amounts payable after more than one year | 17 | €42,545 | €30,808 | -€11,736 | -27.6% |
| Financial debts | 170/4 | €42,545 | €30,808 | -€11,736 | -27.6% |
| Amounts payable within one year | 42/48 | €44,973 | €57,140 | +€12,167 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €13,411 | €11,736 | -€1,674 | -12.5% |
| Trade debts | 44 | €16,673 | €8,348 | -€8,325 | -49.9% |
| Suppliers | 440/4 | €16,673 | €8,348 | -€8,325 | -49.9% |
| Taxes, remuneration and social security | 45 | €14,890 | €17,056 | +€2,166 | +14.5% |
| Taxes | 450/3 | €10,814 | €15,450 | +€4,636 | +42.9% |
| Remuneration and social security | 454/9 | €4,076 | €1,606 | -€2,470 | -60.6% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Accrued charges and deferred income | 492/3 | €411 | €1,340 | +€929 | +226.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,078 | €4,328 | -€9,750 | -69.3% |
| Other operating charges | 640/8 | €411 | €929 | +€518 | +126.3% |
| Non-recurring operating charges | 66A | - | €22,968 | +€22,968 | |
| Gross operating margin | 9900 | €13,324 | €58,920 | +€45,595 | +342.2% |
| Operating profit (loss) | 9901 | -€1,165 | €30,695 | +€31,859 | |
| Financial income | 75/76B | €167 | €0 | -€167 | -100.0% |
| Recurring financial income | 75 | €167 | €0 | -€167 | -100.0% |
| Financial charges | 65/66B | €2,462 | €2,769 | +€307 | +12.5% |
| Recurring financial charges | 65 | €2,462 | €2,769 | +€307 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,460 | €27,925 | +€31,385 | |
| Income taxes | 67/77 | €770 | €8,474 | +€7,704 | +1001.2% |
| Profit (loss) for the period | 9904 | -€4,229 | €19,451 | +€23,681 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,229 | €19,451 | +€23,681 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.