JF WARNIER TOITURES: what changed
JF WARNIER TOITURES
Largest movements
- Cash +€43,471
up €43,471 (+33.7%), from €128,805 to €172,276
mainly Net result for the year (+€71,763) and Depreciation (+€16,198)
- Tangible fixed assets +€20,127
up €20,127 (+15.7%), from €127,866 to €147,994
of which Furniture and vehicles: +€25,536
- Stocks and contracts -€5,507
down €5,507 (-24.7%), from €22,337 to €16,831
- Reserves +€30,000
up €30,000 (+31.0%), from €96,860 to €126,860
- Profit (loss) carried forward +€21,763
up €21,763 (+9.1%), from €239,053 to €260,816
- Debts after one year -€12,325
down €12,325 (-28.1%), from €43,891 to €31,565
- Other debts +€11,544
up €11,544 (+35.1%), from €32,862 to €44,405
- Tax, wage and social debts +€7,537
up €7,537 (+1,507%), from €500 to €8,037
of which Remuneration and social security: +€4,446
- Gross operating margin +€37,864
up €37,864 (+40.8%), from €92,889 to €130,753
- Depreciation +€5,605
up €5,605 (+52.9%), from €10,593 to €16,198
- Taxes +€4,720
up €4,720 (+26.7%), from €17,702 to €22,422
- Other operating charges +€2,501
up €2,501 (+128%), from €1,950 to €4,451
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,081 | €499,724 | +€54,642 | +12.3% |
| Fixed assets | 21/28 | €127,866 | €147,994 | +€20,127 | +15.7% |
| Tangible fixed assets | 22/27 | €127,866 | €147,994 | +€20,127 | +15.7% |
| Land and buildings | 22 | €123,437 | €118,264 | -€5,173 | -4.2% |
| Plant, machinery and equipment | 23 | €2,355 | €2,120 | -€235 | -10.0% |
| Furniture and vehicles | 24 | €2,075 | €27,610 | +€25,536 | +1,231% |
| Current assets | 29/58 | €317,215 | €351,730 | +€34,515 | +10.9% |
| Stocks and contracts in progress | 3 | €22,337 | €16,831 | -€5,507 | -24.7% |
| Stocks | 30/36 | €22,337 | €16,831 | -€5,507 | -24.7% |
| Amounts receivable within one year | 40/41 | €160,852 | €162,203 | +€1,351 | +0.8% |
| Trade receivables | 40 | €150,038 | €154,537 | +€4,499 | +3.0% |
| Other amounts receivable | 41 | €10,815 | €7,666 | -€3,148 | -29.1% |
| Cash at bank and in hand | 54/58 | €128,805 | €172,276 | +€43,471 | +33.7% |
| Deferred charges and accrued income | 490/1 | €5,220 | €420 | -€4,800 | -92.0% |
| Total equity and liabilities | 10/49 | €445,081 | €499,724 | +€54,642 | +12.3% |
| Equity | 10/15 | €348,313 | €400,076 | +€51,763 | +14.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €96,860 | €126,860 | +€30,000 | +31.0% |
| Distributable reserves | 133 | €96,860 | €126,860 | +€30,000 | +31.0% |
| Profit (loss) carried forward | 14 | €239,053 | €260,816 | +€21,763 | +9.1% |
| Amounts payable | 17/49 | €96,769 | €99,648 | +€2,879 | +3.0% |
| Amounts payable after more than one year | 17 | €43,891 | €31,565 | -€12,325 | -28.1% |
| Financial debts | 170/4 | €43,891 | €31,565 | -€12,325 | -28.1% |
| Amounts payable within one year | 42/48 | €52,855 | €68,082 | +€15,228 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €12,157 | €12,325 | +€168 | +1.4% |
| Trade debts | 44 | €7,337 | €3,315 | -€4,021 | -54.8% |
| Suppliers | 440/4 | €7,337 | €3,315 | -€4,021 | -54.8% |
| Taxes, remuneration and social security | 45 | €500 | €8,037 | +€7,537 | +1,507% |
| Taxes | 450/3 | €500 | €3,591 | +€3,091 | +618% |
| Remuneration and social security | 454/9 | - | €4,446 | +€4,446 | |
| Other amounts payable | 47/48 | €32,862 | €44,405 | +€11,544 | +35.1% |
| Accrued charges and deferred income | 492/3 | €23 | - | -€23 | |
| Remuneration, social security and pensions | 62 | €15,833 | €15,358 | -€475 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,593 | €16,198 | +€5,605 | +52.9% |
| Other operating charges | 640/8 | €1,950 | €4,451 | +€2,501 | +128% |
| Gross operating margin | 9900 | €92,889 | €130,753 | +€37,864 | +40.8% |
| Operating profit (loss) | 9901 | €64,512 | €94,746 | +€30,233 | +46.9% |
| Financial income | 75/76B | €78 | €1,048 | +€970 | +1,246% |
| Recurring financial income | 75 | €78 | €1,048 | +€970 | +1,246% |
| Financial charges | 65/66B | €1,566 | €1,609 | +€44 | +2.8% |
| Recurring financial charges | 65 | €1,566 | €1,609 | +€44 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €63,025 | €94,185 | +€31,160 | +49.4% |
| Income taxes | 67/77 | €17,702 | €22,422 | +€4,720 | +26.7% |
| Profit (loss) for the period | 9904 | €45,323 | €71,763 | +€26,440 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,323 | €71,763 | +€26,440 | +58.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.