AT TOIT: 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.
AT TOIT
Largest movements
- Receivables within one year -€43,224
down €43,224 (-50.0%), from €86,472 to €43,248
of which Trade receivables: -€47,340
- Tangible fixed assets -€22,422
down €22,422 (-40.6%), from €55,170 to €32,748
- Current investments +€6,000
up €6,000 (+17.6%), from €34,091 to €40,091
- Cash +€2,061
up €2,061 (+338.0%), from €610 to €2,671
mainly Receivables within one year (+€43,224) and Depreciation (+€22,422)
- Trade debts -€54,240
down €54,240 (-77.1%), from €70,329 to €16,088
- Short-term financial debts -€24,365
no longer reported in 2024 (was €24,365)
- Other debts +€16,474
up €16,474 (+170.9%), from €9,637 to €26,111
- Profit (loss) carried forward +€14,880
up €14,880 (+32.0%), from €46,504 to €61,384
- Debts after one year -€7,029
no longer reported in 2024 (was €7,029)
- Gross operating margin +€18,670
up €18,670 (+83.1%), from €22,479 to €41,149
- Taxes +€1,727
new in 2024: €1,727
- Depreciation -€1,567
down €1,567 (-6.5%), from €23,989 to €22,422
- Other operating charges +€1,017
up €1,017 (+70.6%), from €1,441 to €2,458
- Financial charges +€714
up €714 (+39.7%), from €1,798 to €2,512
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.
Cash bridge derived
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 | €184,692 | €127,036 | -€57,656 | -31.2% |
| Fixed assets | 21/28 | €55,305 | €32,883 | -€22,422 | -40.5% |
| Tangible fixed assets | 22/27 | €55,170 | €32,748 | -€22,422 | -40.6% |
| Land and buildings | 22 | €13,263 | €8,364 | -€4,899 | -36.9% |
| Plant, machinery and equipment | 23 | €16,292 | €8,042 | -€8,250 | -50.6% |
| Furniture and vehicles | 24 | €25,615 | €16,342 | -€9,273 | -36.2% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €129,387 | €94,153 | -€35,234 | -27.2% |
| Stocks and contracts in progress | 3 | €8,000 | €8,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Contracts in progress | 37 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €86,472 | €43,248 | -€43,224 | -50.0% |
| Trade receivables | 40 | €84,621 | €37,281 | -€47,340 | -55.9% |
| Other amounts receivable | 41 | €1,851 | €5,968 | +€4,116 | +222.4% |
| Current investments | 50/53 | €34,091 | €40,091 | +€6,000 | +17.6% |
| Cash at bank and in hand | 54/58 | €610 | €2,671 | +€2,061 | +338.0% |
| Deferred charges and accrued income | 490/1 | €214 | €142 | -€72 | -33.5% |
| Total equity and liabilities | 10/49 | €184,692 | €127,036 | -€57,656 | -31.2% |
| Equity | 10/15 | €62,968 | €75,710 | +€12,742 | +20.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,264 | €8,126 | -€2,138 | -20.8% |
| Tax-exempt reserves | 132 | €8,404 | €6,266 | -€2,138 | -25.4% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,504 | €61,384 | +€14,880 | +32.0% |
| Provisions and deferred taxes | 16 | €2,801 | €2,089 | -€713 | -25.4% |
| Deferred taxes | 168 | €2,801 | €2,089 | -€713 | -25.4% |
| Amounts payable | 17/49 | €118,923 | €49,237 | -€69,686 | -58.6% |
| Amounts payable after more than one year | 17 | €7,029 | - | -€7,029 | |
| Financial debts | 170/4 | €7,029 | - | -€7,029 | |
| Amounts payable within one year | 42/48 | €111,894 | €49,229 | -€62,665 | -56.0% |
| Current portion of amounts payable after more than one year | 42 | €7,563 | €7,029 | -€533 | -7.1% |
| Financial debts | 43 | €24,365 | - | -€24,365 | |
| Credit institutions | 430/8 | €24,365 | - | -€24,365 | |
| Trade debts | 44 | €70,329 | €16,088 | -€54,240 | -77.1% |
| Suppliers | 440/4 | €70,329 | €16,088 | -€54,240 | -77.1% |
| Other amounts payable | 47/48 | €9,637 | €26,111 | +€16,474 | +170.9% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,989 | €22,422 | -€1,567 | -6.5% |
| Other operating charges | 640/8 | €1,441 | €2,458 | +€1,017 | +70.6% |
| Gross operating margin | 9900 | €22,479 | €41,149 | +€18,670 | +83.1% |
| Operating profit (loss) | 9901 | -€2,951 | €16,269 | +€19,220 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,798 | €2,512 | +€714 | +39.7% |
| Recurring financial charges | 65 | €1,798 | €2,512 | +€714 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,750 | €13,757 | +€18,506 | |
| Transfer from deferred taxes | 780 | €713 | €713 | = | 0.0% |
| Income taxes | 67/77 | - | €1,727 | +€1,727 | |
| Profit (loss) for the period | 9904 | -€4,037 | €12,742 | +€16,780 | |
| Transfer from tax-exempt reserves | 789 | €2,138 | €2,138 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,900 | €14,880 | +€16,780 |
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 12 October 2026 via checked.be.