AF TOITURES: 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.
AF TOITURES
Largest movements
- Receivables within one year +€13,416
up €13,416 (+55.5%), from €24,189 to €37,605
of which Other amounts receivable: +€14,534
- Tangible fixed assets +€6,512
up €6,512 (+65.1%), from €9,999 to €16,510
of which Furniture and vehicles: +€8,233
- Cash +€5,139
up €5,139 (+3,522%), from €146 to €5,285
mainly Net result for the year (+€27,328) and Depreciation (+€11,166)
- Profit (loss) carried forward +€27,328
up €27,328 (+164%), from €16,669 to €43,997
- Tax, wage and social debts +€6,807
up €6,807 (+122%), from €5,557 to €12,363
- Trade debts -€5,749
down €5,749 (-84.7%), from €6,790 to €1,041
- Advances received -€3,205
no longer reported in 2024 (was €3,205)
- Gross operating margin +€25,775
up €25,775 (+129%), from €19,934 to €45,708
- Depreciation +€7,615
up €7,615 (+214%), from €3,551 to €11,166
- Taxes +€4,730
up €4,730 (+108%), from €4,380 to €9,109
- Financial income +€1,413
up €1,413 (+86.6%), from €1,633 to €3,046
of which Non-recurring financial income: +€1,442
- Other operating charges +€845
up €845 (+2,001%), from €42 to €888
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.
Derived cash bridge
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 | €34,333 | €59,401 | +€25,067 | +73.0% |
| Fixed assets | 21/28 | €9,999 | €16,510 | +€6,512 | +65.1% |
| Tangible fixed assets | 22/27 | €9,999 | €16,510 | +€6,512 | +65.1% |
| Plant, machinery and equipment | 23 | €3,443 | €1,722 | -€1,722 | -50.0% |
| Furniture and vehicles | 24 | €6,555 | €14,789 | +€8,233 | +126% |
| Current assets | 29/58 | €24,335 | €42,891 | +€18,556 | +76.3% |
| Amounts receivable within one year | 40/41 | €24,189 | €37,605 | +€13,416 | +55.5% |
| Trade receivables | 40 | €12,522 | €11,404 | -€1,118 | -8.9% |
| Other amounts receivable | 41 | €11,667 | €26,202 | +€14,534 | +125% |
| Cash at bank and in hand | 54/58 | €146 | €5,285 | +€5,139 | +3,522% |
| Total equity and liabilities | 10/49 | €34,333 | €59,401 | +€25,067 | +73.0% |
| Equity | 10/15 | €18,669 | €45,997 | +€27,328 | +146% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,669 | €43,997 | +€27,328 | +164% |
| Amounts payable | 17/49 | €15,664 | €13,404 | -€2,260 | -14.4% |
| Amounts payable within one year | 42/48 | €15,664 | €13,404 | -€2,260 | -14.4% |
| Financial debts | 43 | €112 | - | -€112 | |
| Credit institutions | 430/8 | €112 | - | -€112 | |
| Trade debts | 44 | €6,790 | €1,041 | -€5,749 | -84.7% |
| Suppliers | 440/4 | €6,790 | €1,041 | -€5,749 | -84.7% |
| Advances received on contracts in progress | 46 | €3,205 | - | -€3,205 | |
| Taxes, remuneration and social security | 45 | €5,557 | €12,363 | +€6,807 | +122% |
| Taxes | 450/3 | €5,557 | €12,363 | +€6,807 | +122% |
| Non-recurring operating income | 76A | €801 | - | -€801 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,551 | €11,166 | +€7,615 | +214% |
| Other operating charges | 640/8 | €42 | €888 | +€845 | +2,001% |
| Gross operating margin | 9900 | €19,934 | €45,708 | +€25,775 | +129% |
| Operating profit (loss) | 9901 | €16,340 | €33,655 | +€17,314 | +106% |
| Financial income | 75/76B | €1,633 | €3,046 | +€1,413 | +86.6% |
| Recurring financial income | 75 | €1,033 | €1,004 | -€28 | -2.7% |
| Non-recurring financial income | 76B | €600 | €2,042 | +€1,442 | +240% |
| Financial charges | 65/66B | €455 | €264 | -€192 | -42.1% |
| Recurring financial charges | 65 | €455 | €264 | -€192 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €17,518 | €36,437 | +€18,919 | +108% |
| Income taxes | 67/77 | €4,380 | €9,109 | +€4,730 | +108% |
| Profit (loss) for the period | 9904 | €13,138 | €27,328 | +€14,189 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €13,138 | €27,328 | +€14,189 | +108% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.