TOVYNA: 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.
TOVYNA
Largest movements
- Receivables within one year +€5,969
up €5,969 (+20.2%), from €29,592 to €35,561
of which Trade receivables: +€3,808
- Financial fixed assets -€2,150
down €2,150 (-19.1%), from €11,250 to €9,100
- Tangible fixed assets -€2,055
down €2,055 (-2.2%), from €92,149 to €90,094
of which Land and buildings: -€2,504
- Trade debts +€9,191
up €9,191, from €0 to €9,191
- Other debts -€8,330
down €8,330 (-18.2%), from €45,751 to €37,421
- Gross operating margin -€10,728
down €10,728 (-45.9%), from €23,378 to €12,650
- Financial charges +€2,588
up €2,588 (+159%), from €1,628 to €4,216
- Financial income +€1,188
up €1,188 (+547%), from €217 to €1,405
- Depreciation +€606
up €606 (+12.6%), from €4,813 to €5,419
- Other operating charges -€535
down €535 (-23.9%), from €2,244 to €1,708
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 | €158,161 | €159,992 | +€1,831 | +1.2% |
| Fixed assets | 21/28 | €103,399 | €99,194 | -€4,205 | -4.1% |
| Tangible fixed assets | 22/27 | €92,149 | €90,094 | -€2,055 | -2.2% |
| Land and buildings | 22 | €82,759 | €80,255 | -€2,504 | -3.0% |
| Furniture and vehicles | 24 | €7,604 | €5,602 | -€2,002 | -26.3% |
| Other tangible fixed assets | 26 | €1,786 | €4,237 | +€2,451 | +137% |
| Financial fixed assets | 28 | €11,250 | €9,100 | -€2,150 | -19.1% |
| Current assets | 29/58 | €54,762 | €60,798 | +€6,036 | +11.0% |
| Stocks and contracts in progress | 3 | €1,177 | €0 | -€1,177 | -100% |
| Stocks | 30/36 | €1,177 | €0 | -€1,177 | -100% |
| Amounts receivable within one year | 40/41 | €29,592 | €35,561 | +€5,969 | +20.2% |
| Trade receivables | 40 | €27,999 | €31,807 | +€3,808 | +13.6% |
| Other amounts receivable | 41 | €1,593 | €3,753 | +€2,161 | +136% |
| Cash at bank and in hand | 54/58 | €23,993 | €25,181 | +€1,188 | +5.0% |
| Deferred charges and accrued income | 490/1 | - | €56 | +€56 | |
| Total equity and liabilities | 10/49 | €158,161 | €159,992 | +€1,831 | +1.2% |
| Equity | 10/15 | €106,994 | €107,529 | +€535 | +0.5% |
| 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 | €101,139 | €101,674 | +€535 | +0.5% |
| Amounts payable | 17/49 | €51,167 | €52,463 | +€1,295 | +2.5% |
| Amounts payable within one year | 42/48 | €51,167 | €52,463 | +€1,295 | +2.5% |
| Trade debts | 44 | €0 | €9,191 | +€9,191 | |
| Suppliers | 440/4 | €0 | €9,191 | +€9,191 | |
| Taxes, remuneration and social security | 45 | €5,417 | €5,850 | +€434 | +8.0% |
| Taxes | 450/3 | €5,417 | €5,850 | +€434 | +8.0% |
| Other amounts payable | 47/48 | €45,751 | €37,421 | -€8,330 | -18.2% |
| Non-recurring operating income | 76A | - | €54 | +€54 | |
| Remuneration, social security and pensions | 62 | €1,228 | €1,005 | -€222 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,813 | €5,419 | +€606 | +12.6% |
| Other operating charges | 640/8 | €2,244 | €1,708 | -€535 | -23.9% |
| Gross operating margin | 9900 | €23,378 | €12,650 | -€10,728 | -45.9% |
| Operating profit (loss) | 9901 | €15,093 | €4,517 | -€10,576 | -70.1% |
| Financial income | 75/76B | €217 | €1,405 | +€1,188 | +547% |
| Recurring financial income | 75 | €217 | €1,405 | +€1,188 | +547% |
| Financial charges | 65/66B | €1,628 | €4,216 | +€2,588 | +159% |
| Recurring financial charges | 65 | €1,628 | €4,216 | +€2,588 | +159% |
| Profit (loss) for the period before taxes | 9903 | €13,683 | €1,707 | -€11,976 | -87.5% |
| Income taxes | 67/77 | €1,526 | €1,172 | -€354 | -23.2% |
| Profit (loss) for the period | 9904 | €12,157 | €535 | -€11,622 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,157 | €535 | -€11,622 | -95.6% |
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 22 October 2026 via checked.be.