ATOUT 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.
ATOUT TOIT
Largest movements
- Tangible fixed assets +€300,592
up €300,592 (+88.7%), from €338,863 to €639,455
of which Land and buildings: +€342,496
- Receivables within one year +€89,031
up €89,031 (+153%), from €58,173 to €147,204
of which Trade receivables: +€97,279
- Stocks and contracts -€21,077
no longer reported in 2025 (was €21,077)
- Cash +€15,827
up €15,827 (+5.3%), from €297,396 to €313,223
mainly Debts after one year (+€236,327) and Net result for the year (+€152,237)
- Debts after one year +€236,327
up €236,327 (+105%), from €224,685 to €461,012
- Reserves +€122,200
up €122,200 (+44.3%), from €275,870 to €398,070
- Tax, wage and social debts +€16,061
up €16,061 (+129%), from €12,493 to €28,554
of which Taxes: +€25,743
- Current portion of long-term debt +€15,208
up €15,208 (+26.0%), from €58,466 to €73,673
- Gross operating margin +€160,038
up €160,038 (+38.4%), from €416,578 to €576,616
- Staff costs +€39,581
up €39,581 (+14.6%), from €270,768 to €310,349
- Taxes +€35,461
up €35,461 (+303%), from €11,708 to €47,169
- Financial income +€10,936
up €10,936 (+27,171%), from €40 to €10,977
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 | €727,348 | €1,119,154 | +€391,805 | +53.9% |
| Fixed assets | 21/28 | €349,377 | €655,504 | +€306,127 | +87.6% |
| Tangible fixed assets | 22/27 | €338,863 | €639,455 | +€300,592 | +88.7% |
| Land and buildings | 22 | €132,376 | €474,872 | +€342,496 | +259% |
| Plant, machinery and equipment | 23 | €15,757 | €15,445 | -€312 | -2.0% |
| Furniture and vehicles | 24 | €83,318 | €65,096 | -€18,221 | -21.9% |
| Leasing and similar rights | 25 | €99,877 | €72,902 | -€26,976 | -27.0% |
| Other tangible fixed assets | 26 | €7,535 | €11,139 | +€3,605 | +47.8% |
| Financial fixed assets | 28 | €10,514 | €16,049 | +€5,535 | +52.6% |
| Current assets | 29/58 | €377,971 | €463,649 | +€85,678 | +22.7% |
| Stocks and contracts in progress | 3 | €21,077 | - | -€21,077 | |
| Stocks | 30/36 | €21,077 | - | -€21,077 | |
| Amounts receivable within one year | 40/41 | €58,173 | €147,204 | +€89,031 | +153% |
| Trade receivables | 40 | €27,322 | €124,602 | +€97,279 | +356% |
| Other amounts receivable | 41 | €30,851 | €22,602 | -€8,249 | -26.7% |
| Cash at bank and in hand | 54/58 | €297,396 | €313,223 | +€15,827 | +5.3% |
| Deferred charges and accrued income | 490/1 | €1,326 | €3,223 | +€1,897 | +143% |
| Total equity and liabilities | 10/49 | €727,348 | €1,119,154 | +€391,805 | +53.9% |
| Equity | 10/15 | €298,135 | €420,373 | +€122,237 | +41.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €275,870 | €398,070 | +€122,200 | +44.3% |
| Distributable reserves | 133 | €275,870 | €398,070 | +€122,200 | +44.3% |
| Profit (loss) carried forward | 14 | €1,805 | €1,843 | +€37 | +2.1% |
| Amounts payable | 17/49 | €429,213 | €698,781 | +€269,568 | +62.8% |
| Amounts payable after more than one year | 17 | €224,685 | €461,012 | +€236,327 | +105% |
| Financial debts | 170/4 | €224,685 | €461,012 | +€236,327 | +105% |
| Amounts payable within one year | 42/48 | €204,527 | €237,769 | +€33,241 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €58,466 | €73,673 | +€15,208 | +26.0% |
| Trade debts | 44 | €45,466 | €46,361 | +€895 | +2.0% |
| Suppliers | 440/4 | €45,466 | €46,361 | +€895 | +2.0% |
| Taxes, remuneration and social security | 45 | €12,493 | €28,554 | +€16,061 | +129% |
| Taxes | 450/3 | €2,100 | €27,843 | +€25,743 | +1,226% |
| Remuneration and social security | 454/9 | €10,393 | €711 | -€9,682 | -93.2% |
| Other amounts payable | 47/48 | €88,103 | €89,181 | +€1,078 | +1.2% |
| Remuneration, social security and pensions | 62 | €270,768 | €310,349 | +€39,581 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,408 | €63,338 | +€1,930 | +3.1% |
| Other operating charges | 640/8 | €4,488 | €6,626 | +€2,138 | +47.6% |
| Non-recurring operating charges | 66A | €685 | - | -€685 | |
| Gross operating margin | 9900 | €416,578 | €576,616 | +€160,038 | +38.4% |
| Operating profit (loss) | 9901 | €79,230 | €196,304 | +€117,074 | +148% |
| Financial income | 75/76B | €40 | €10,977 | +€10,936 | +27,171% |
| Recurring financial income | 75 | €40 | €10,977 | +€10,936 | +27,171% |
| Financial charges | 65/66B | €7,953 | €7,874 | -€79 | -1.0% |
| Recurring financial charges | 65 | €7,953 | €7,874 | -€79 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €71,317 | €199,406 | +€128,089 | +180% |
| Income taxes | 67/77 | €11,708 | €47,169 | +€35,461 | +303% |
| Profit (loss) for the period | 9904 | €59,610 | €152,237 | +€92,628 | +155% |
| Profit (loss) for the period to be appropriated | 9905 | €59,610 | €152,237 | +€92,628 | +155% |
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 28 October 2026 via checked.be.