F.B. 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.
F.B. Toitures
Largest movements
- Receivables within one year +€118,614
up €118,614 (+158%), from €75,079 to €193,693
of which Trade receivables: +€89,287
- Tangible fixed assets -€31,268
down €31,268 (-85.8%), from €36,428 to €5,160
of which Assets under construction and advance payments: -€19,999
- Deferred charges and accrued income +€14,707
up €14,707 (+759%), from €1,938 to €16,645
- Stocks and contracts -€5,894
down €5,894 (-56.4%), from €10,452 to €4,558
- Cash +€3,010
up €3,010 (+48.8%), from €6,165 to €9,174
mainly Trade debts (+€71,457) and Investment in fixed assets (net) (+€29,636)
- Trade debts +€71,457
up €71,457 (+104%), from €68,416 to €139,874
- Tax, wage and social debts +€19,319
up €19,319 (+457%), from €4,224 to €23,542
of which Taxes: +€19,919
- Other debts +€17,008
up €17,008 (+340%), from €5,000 to €22,008
- Debts after one year -€8,904
down €8,904 (-58.6%), from €15,203 to €6,299
- Staff costs -€12,257
no longer reported in 2025 (was €12,257)
- Taxes +€9,228
up €9,228 (+294%), from €3,139 to €12,366
- Financial charges +€7,305
up €7,305 (+173%), from €4,213 to €11,518
- Depreciation -€5,173
down €5,173 (-76.0%), from €6,805 to €1,632
- Gross operating margin +€4,804
up €4,804 (+13.5%), from €35,569 to €40,374
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 | €130,407 | €229,576 | +€99,169 | +76.0% |
| Fixed assets | 21/28 | €36,773 | €5,505 | -€31,268 | -85.0% |
| Tangible fixed assets | 22/27 | €36,428 | €5,160 | -€31,268 | -85.8% |
| Plant, machinery and equipment | 23 | €1,891 | €3,989 | +€2,098 | +111% |
| Furniture and vehicles | 24 | €14,539 | €1,172 | -€13,367 | -91.9% |
| Assets under construction and advance payments | 27 | €19,999 | - | -€19,999 | |
| Financial fixed assets | 28 | €345 | €345 | = | 0.0% |
| Current assets | 29/58 | €93,634 | €224,070 | +€130,437 | +139% |
| Stocks and contracts in progress | 3 | €10,452 | €4,558 | -€5,894 | -56.4% |
| Stocks | 30/36 | €10,452 | €4,558 | -€5,894 | -56.4% |
| Amounts receivable within one year | 40/41 | €75,079 | €193,693 | +€118,614 | +158% |
| Trade receivables | 40 | €43,512 | €132,799 | +€89,287 | +205% |
| Other amounts receivable | 41 | €31,567 | €60,894 | +€29,327 | +92.9% |
| Cash at bank and in hand | 54/58 | €6,165 | €9,174 | +€3,010 | +48.8% |
| Deferred charges and accrued income | 490/1 | €1,938 | €16,645 | +€14,707 | +759% |
| Total equity and liabilities | 10/49 | €130,407 | €229,576 | +€99,169 | +76.0% |
| Equity | 10/15 | €28,821 | €28,949 | +€128 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,221 | €10,349 | +€128 | +1.3% |
| Amounts payable | 17/49 | €101,586 | €200,627 | +€99,041 | +97.5% |
| Amounts payable after more than one year | 17 | €15,203 | €6,299 | -€8,904 | -58.6% |
| Financial debts | 170/4 | €15,203 | €6,299 | -€8,904 | -58.6% |
| Amounts payable within one year | 42/48 | €86,384 | €194,328 | +€107,944 | +125% |
| Current portion of amounts payable after more than one year | 42 | €8,744 | €8,904 | +€160 | +1.8% |
| Trade debts | 44 | €68,416 | €139,874 | +€71,457 | +104% |
| Suppliers | 440/4 | €68,416 | €139,874 | +€71,457 | +104% |
| Taxes, remuneration and social security | 45 | €4,224 | €23,542 | +€19,319 | +457% |
| Taxes | 450/3 | €3,623 | €23,542 | +€19,919 | +550% |
| Remuneration and social security | 454/9 | €601 | - | -€601 | |
| Other amounts payable | 47/48 | €5,000 | €22,008 | +€17,008 | +340% |
| Non-recurring operating income | 76A | - | €1,797 | +€1,797 | |
| Remuneration, social security and pensions | 62 | €12,257 | - | -€12,257 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,805 | €1,632 | -€5,173 | -76.0% |
| Other operating charges | 640/8 | €509 | €2,131 | +€1,622 | +318% |
| Non-recurring operating charges | 66A | €3,931 | €1,191 | -€2,741 | -69.7% |
| Gross operating margin | 9900 | €35,569 | €40,374 | +€4,804 | +13.5% |
| Operating profit (loss) | 9901 | €12,066 | €35,420 | +€23,354 | +194% |
| Financial income | 75/76B | €1,085 | €2,592 | +€1,508 | +139% |
| Recurring financial income | 75 | €1,085 | €2,592 | +€1,508 | +139% |
| Financial charges | 65/66B | €4,213 | €11,518 | +€7,305 | +173% |
| Recurring financial charges | 65 | €4,213 | €11,518 | +€7,305 | +173% |
| Profit (loss) for the period before taxes | 9903 | €8,938 | €26,494 | +€17,556 | +196% |
| Income taxes | 67/77 | €3,139 | €12,366 | +€9,228 | +294% |
| Profit (loss) for the period | 9904 | €5,800 | €14,128 | +€8,328 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €5,800 | €14,128 | +€8,328 | +144% |
Source: filed annual accounts (NBB), financial years ended 1 October 2024 and 1 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.