AVA TOITURE: 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.
AVA TOITURE
Largest movements
- Cash -€18,770
no longer reported in 2025 (was €18,770)
mainly Net result for the year (-€99,197) and Investment in fixed assets (net) (-€17,843)
- Receivables within one year +€14,136
up €14,136 (+37.7%), from €37,500 to €51,637
of which Trade receivables: +€23,802
- Tangible fixed assets +€5,034
up €5,034 (+15.0%), from €33,544 to €38,578
of which Plant, machinery and equipment: +€11,011
- Financial fixed assets +€1,600
new in 2025: €1,600
- Intangible fixed assets +€1,312
up €1,312 (+41.2%), from €3,185 to €4,497
- Profit (loss) carried forward -€99,197
down €99,197, from €15,089 to -€84,108
- Trade debts +€60,618
up €60,618 (+572%), from €10,591 to €71,210
- Debts after one year +€55,048
new in 2025: €55,048
of which Other amounts payable: +€40,000
- Short-term financial debts -€17,094
down €17,094 (-58.3%), from €29,319 to €12,225
- Other debts +€4,245
new in 2025: €4,245
- Staff costs +€109,418
up €109,418 (+86.2%), from €126,945 to €236,363
- Gross operating margin -€25,620
down €25,620 (-13.4%), from €190,738 to €165,119
- Taxes +€9,287
up €9,287 (+310%), from €3,000 to €12,287
- Depreciation +€8,511
up €8,511 (+614%), from €1,386 to €9,898
- Other operating charges -€5,718
down €5,718 (-73.8%), from €7,752 to €2,034
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 | €93,000 | €96,312 | +€3,312 | +3.6% |
| Fixed assets | 21/28 | €36,729 | €44,675 | +€7,946 | +21.6% |
| Intangible fixed assets | 21 | €3,185 | €4,497 | +€1,312 | +41.2% |
| Tangible fixed assets | 22/27 | €33,544 | €38,578 | +€5,034 | +15.0% |
| Plant, machinery and equipment | 23 | €3,658 | €14,669 | +€11,011 | +301% |
| Furniture and vehicles | 24 | €29,886 | €23,909 | -€5,977 | -20.0% |
| Financial fixed assets | 28 | - | €1,600 | +€1,600 | |
| Current assets | 29/58 | €56,271 | €51,637 | -€4,634 | -8.2% |
| Amounts receivable within one year | 40/41 | €37,500 | €51,637 | +€14,136 | +37.7% |
| Trade receivables | 40 | €18,170 | €41,972 | +€23,802 | +131% |
| Other amounts receivable | 41 | €19,330 | €9,664 | -€9,666 | -50.0% |
| Cash at bank and in hand | 54/58 | €18,770 | - | -€18,770 | |
| Total equity and liabilities | 10/49 | €93,000 | €96,312 | +€3,312 | +3.6% |
| Equity | 10/15 | €50,089 | -€49,108 | -€99,197 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,089 | -€84,108 | -€99,197 | |
| Amounts payable | 17/49 | €42,911 | €145,419 | +€102,509 | +239% |
| Amounts payable after more than one year | 17 | - | €55,048 | +€55,048 | |
| Financial debts | 170/4 | - | €15,048 | +€15,048 | |
| Other amounts payable | 178/9 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €42,911 | €90,371 | +€47,460 | +111% |
| Financial debts | 43 | €29,319 | €12,225 | -€17,094 | -58.3% |
| Credit institutions | 430/8 | €29,319 | €12,225 | -€17,094 | -58.3% |
| Trade debts | 44 | €10,591 | €71,210 | +€60,618 | +572% |
| Suppliers | 440/4 | €10,591 | €71,210 | +€60,618 | +572% |
| Taxes, remuneration and social security | 45 | €3,000 | €2,691 | -€309 | -10.3% |
| Taxes | 450/3 | €3,000 | - | -€3,000 | |
| Remuneration and social security | 454/9 | - | €2,691 | +€2,691 | |
| Other amounts payable | 47/48 | - | €4,245 | +€4,245 | |
| Non-recurring operating income | 76A | - | €28 | +€28 | |
| Remuneration, social security and pensions | 62 | €126,945 | €236,363 | +€109,418 | +86.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,386 | €9,898 | +€8,511 | +614% |
| Other operating charges | 640/8 | €7,752 | €2,034 | -€5,718 | -73.8% |
| Gross operating margin | 9900 | €190,738 | €165,119 | -€25,620 | -13.4% |
| Operating profit (loss) | 9901 | €54,655 | -€83,176 | -€137,831 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €6,566 | €3,736 | -€2,830 | -43.1% |
| Recurring financial charges | 65 | €6,566 | €3,736 | -€2,830 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €48,089 | -€86,910 | -€134,999 | |
| Income taxes | 67/77 | €3,000 | €12,287 | +€9,287 | +310% |
| Profit (loss) for the period | 9904 | €45,089 | -€99,197 | -€144,286 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,089 | -€99,197 | -€144,286 |
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 17 October 2026 via checked.be.