CM 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.
CM Toitures
Largest movements
- Tangible fixed assets +€58,119
up €58,119 (+17.5%), from €332,461 to €390,580
of which Leasing and similar rights: +€43,660
- Cash +€33,807
up €33,807 (+37.8%), from €89,349 to €123,156
mainly Depreciation (+€37,911) and Trade debts (+€30,609)
- Intangible fixed assets -€11,000
down €11,000 (-49.9%), from €22,030 to €11,030
- Trade debts +€30,609
up €30,609 (+123%), from €24,820 to €55,429
- Reserves +€19,057
up €19,057 (+40.3%), from €47,253 to €66,310
- Current portion of long-term debt +€13,419
up €13,419 (+77.2%), from €17,391 to €30,810
- Debts after one year +€7,560
up €7,560 (+2.1%), from €360,281 to €367,841
- Gross operating margin +€17,090
up €17,090 (+28.6%), from €59,787 to €76,878
- Depreciation +€8,067
up €8,067 (+27.0%), from €29,844 to €37,911
- Taxes +€1,573
up €1,573 (+37.5%), from €4,196 to €5,769
- Staff costs -€1,067
no longer reported in 2025 (was €1,067)
- Financial charges +€782
up €782 (+7.1%), from €11,013 to €11,795
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 | €467,849 | €540,564 | +€72,716 | +15.5% |
| Fixed assets | 21/28 | €354,491 | €401,610 | +€47,119 | +13.3% |
| Intangible fixed assets | 21 | €22,030 | €11,030 | -€11,000 | -49.9% |
| Tangible fixed assets | 22/27 | €332,461 | €390,580 | +€58,119 | +17.5% |
| Land and buildings | 22 | €317,453 | €317,557 | +€104 | 0.0% |
| Plant, machinery and equipment | 23 | €5,265 | €10,746 | +€5,481 | +104% |
| Furniture and vehicles | 24 | €809 | €9,683 | +€8,873 | +1,096% |
| Leasing and similar rights | 25 | €8,934 | €52,594 | +€43,660 | +489% |
| Current assets | 29/58 | €113,357 | €138,954 | +€25,597 | +22.6% |
| Stocks and contracts in progress | 3 | €7,634 | €3,258 | -€4,376 | -57.3% |
| Stocks | 30/36 | €1,506 | €3,258 | +€1,752 | +116% |
| Contracts in progress | 37 | €6,128 | - | -€6,128 | |
| Amounts receivable within one year | 40/41 | €12,024 | €8,010 | -€4,014 | -33.4% |
| Trade receivables | 40 | €7,265 | €1,348 | -€5,917 | -81.5% |
| Other amounts receivable | 41 | €4,759 | €6,662 | +€1,903 | +40.0% |
| Cash at bank and in hand | 54/58 | €89,349 | €123,156 | +€33,807 | +37.8% |
| Deferred charges and accrued income | 490/1 | €4,350 | €4,530 | +€180 | +4.1% |
| Total equity and liabilities | 10/49 | €467,849 | €540,564 | +€72,716 | +15.5% |
| Equity | 10/15 | €52,253 | €71,310 | +€19,057 | +36.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €47,253 | €66,310 | +€19,057 | +40.3% |
| Distributable reserves | 133 | €47,253 | €66,310 | +€19,057 | +40.3% |
| Amounts payable | 17/49 | €415,596 | €469,254 | +€53,658 | +12.9% |
| Amounts payable after more than one year | 17 | €360,281 | €367,841 | +€7,560 | +2.1% |
| Financial debts | 170/4 | €360,281 | €367,841 | +€7,560 | +2.1% |
| Amounts payable within one year | 42/48 | €54,103 | €98,845 | +€44,742 | +82.7% |
| Current portion of amounts payable after more than one year | 42 | €17,391 | €30,810 | +€13,419 | +77.2% |
| Trade debts | 44 | €24,820 | €55,429 | +€30,609 | +123% |
| Suppliers | 440/4 | €24,820 | €55,429 | +€30,609 | +123% |
| Taxes, remuneration and social security | 45 | €2,991 | €5,769 | +€2,778 | +92.9% |
| Taxes | 450/3 | €2,991 | €5,769 | +€2,778 | +92.9% |
| Other amounts payable | 47/48 | €8,901 | €6,837 | -€2,064 | -23.2% |
| Accrued charges and deferred income | 492/3 | €1,211 | €2,568 | +€1,357 | +112% |
| Remuneration, social security and pensions | 62 | €1,067 | - | -€1,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,844 | €37,911 | +€8,067 | +27.0% |
| Other operating charges | 640/8 | €1,340 | €1,682 | +€342 | +25.6% |
| Gross operating margin | 9900 | €59,787 | €76,878 | +€17,090 | +28.6% |
| Operating profit (loss) | 9901 | €27,536 | €37,284 | +€9,748 | +35.4% |
| Financial income | 75/76B | €409 | €171 | -€238 | -58.2% |
| Recurring financial income | 75 | €409 | €171 | -€238 | -58.2% |
| Financial charges | 65/66B | €11,013 | €11,795 | +€782 | +7.1% |
| Recurring financial charges | 65 | €11,013 | €11,795 | +€782 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €16,932 | €25,660 | +€8,728 | +51.5% |
| Income taxes | 67/77 | €4,196 | €5,769 | +€1,573 | +37.5% |
| Profit (loss) for the period | 9904 | €12,736 | €19,890 | +€7,154 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,736 | €19,890 | +€7,154 | +56.2% |
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 21 October 2026 via checked.be.