Art-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.
Art-Toitures
Largest movements
- Cash +€141,181
up €141,181 (+103%), from €137,531 to €278,712
mainly Net result for the year (+€116,976) and Depreciation (+€62,114)
- Receivables within one year +€32,236
up €32,236 (+47.1%), from €68,399 to €100,635
of which Trade receivables: +€20,919
- Profit (loss) carried forward +€116,976
up €116,976 (+83.4%), from €140,228 to €257,204
- Trade debts +€37,878
up €37,878 (+106%), from €35,587 to €73,465
- Accrued charges and deferred income +€33,227
new in 2024: €33,227
- Debts after one year -€11,231
down €11,231 (-4.7%), from €241,399 to €230,168
- Other debts -€8,370
down €8,370 (-18.3%), from €45,764 to €37,394
- Gross operating margin +€83,751
up €83,751 (+23.0%), from €363,389 to €447,139
- Staff costs +€24,596
up €24,596 (+11.8%), from €208,081 to €232,678
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 | €608,197 | €776,676 | +€168,479 | +27.7% |
| Fixed assets | 21/28 | €238,711 | €233,773 | -€4,938 | -2.1% |
| Tangible fixed assets | 22/27 | €238,711 | €233,773 | -€4,938 | -2.1% |
| Land and buildings | 22 | €42,036 | €39,996 | -€2,040 | -4.9% |
| Plant, machinery and equipment | 23 | €1,694 | €2,846 | +€1,152 | +68.0% |
| Furniture and vehicles | 24 | €194,980 | €190,931 | -€4,050 | -2.1% |
| Current assets | 29/58 | €369,486 | €542,902 | +€173,417 | +46.9% |
| Amounts receivable within one year | 40/41 | €68,399 | €100,635 | +€32,236 | +47.1% |
| Trade receivables | 40 | €62,716 | €83,634 | +€20,919 | +33.4% |
| Other amounts receivable | 41 | €5,684 | €17,001 | +€11,317 | +199% |
| Current investments | 50/53 | €163,556 | €163,556 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €137,531 | €278,712 | +€141,181 | +103% |
| Total equity and liabilities | 10/49 | €608,197 | €776,676 | +€168,479 | +27.7% |
| Equity | 10/15 | €268,688 | €385,664 | +€116,976 | +43.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,860 | €109,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €109,860 | €109,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Own shares acquired | 1312 | €108,000 | €108,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,228 | €257,204 | +€116,976 | +83.4% |
| Amounts payable | 17/49 | €339,508 | €391,011 | +€51,503 | +15.2% |
| Amounts payable after more than one year | 17 | €241,399 | €230,168 | -€11,231 | -4.7% |
| Financial debts | 170/4 | €241,399 | €230,168 | -€11,231 | -4.7% |
| Amounts payable within one year | 42/48 | €98,109 | €127,616 | +€29,507 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €16,759 | €16,757 | -€1 | 0.0% |
| Trade debts | 44 | €35,587 | €73,465 | +€37,878 | +106% |
| Suppliers | 440/4 | €35,587 | €73,465 | +€37,878 | +106% |
| Other amounts payable | 47/48 | €45,764 | €37,394 | -€8,370 | -18.3% |
| Accrued charges and deferred income | 492/3 | - | €33,227 | +€33,227 | |
| Non-recurring operating income | 76A | €7,898 | - | -€7,898 | |
| Remuneration, social security and pensions | 62 | €208,081 | €232,678 | +€24,596 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,324 | €62,114 | +€2,790 | +4.7% |
| Other operating charges | 640/8 | €2,443 | €2,182 | -€262 | -10.7% |
| Gross operating margin | 9900 | €363,389 | €447,139 | +€83,751 | +23.0% |
| Operating profit (loss) | 9901 | €93,540 | €150,166 | +€56,625 | +60.5% |
| Financial income | 75/76B | €75 | €2 | -€73 | -97.3% |
| Recurring financial income | 75 | €75 | €2 | -€73 | -97.3% |
| Financial charges | 65/66B | €9,874 | €11,066 | +€1,192 | +12.1% |
| Recurring financial charges | 65 | €9,874 | €11,066 | +€1,192 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €83,742 | €139,102 | +€55,360 | +66.1% |
| Income taxes | 67/77 | €21,248 | €22,127 | +€878 | +4.1% |
| Profit (loss) for the period | 9904 | €62,494 | €116,976 | +€54,482 | +87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €62,494 | €116,976 | +€54,482 | +87.2% |
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 28 October 2026 via checked.be.