JM 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.
JM TOITURES
Largest movements
- Tangible fixed assets -€141,254
down €141,254 (-78.2%), from €180,635 to €39,381
of which Land and buildings: -€125,302
- Cash -€28,887
down €28,887 (-29.0%), from €99,595 to €70,708
mainly Investment in fixed assets (net) (-€146,690) and Other debts (-€118,592)
- Receivables within one year +€3,581
up €3,581 (+10.2%), from €35,145 to €38,726
of which Other amounts receivable: +€11,503
- Other debts -€118,592
down €118,592 (-90.1%), from €131,629 to €13,037
- Profit (loss) carried forward -€66,304
down €66,304 (-50.0%), from €132,592 to €66,288
- Tax, wage and social debts +€14,470
up €14,470 (+1,231%), from €1,175 to €15,645
of which Taxes: +€13,499
- Purchases and services +€961,030
new in 2024: €961,030
- Depreciation +€287,943
new in 2024: €287,943
- Gross operating margin +€228,461
up €228,461 (+853%), from €26,782 to €255,242
- Turnover -€177,464
down €177,464 (-15.7%), from €1.1m to €949,985
- Taxes +€18,104
new in 2024: €18,104
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,489 | €188,930 | -€166,559 | -46.9% |
| Fixed assets | 21/28 | €183,210 | €41,956 | -€141,254 | -77.1% |
| Tangible fixed assets | 22/27 | €180,635 | €39,381 | -€141,254 | -78.2% |
| Land and buildings | 22 | €125,302 | €0 | -€125,302 | -100% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €55,059 | €38,840 | -€16,219 | -29.5% |
| Leasing and similar rights | 25 | €274 | €541 | +€268 | +97.8% |
| Financial fixed assets | 28 | €2,575 | €2,575 | = | 0.0% |
| Current assets | 29/58 | €172,280 | €146,974 | -€25,305 | -14.7% |
| Stocks and contracts in progress | 3 | €37,540 | €37,540 | = | 0.0% |
| Stocks | 30/36 | €37,540 | €37,540 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,145 | €38,726 | +€3,581 | +10.2% |
| Trade receivables | 40 | €7,922 | - | -€7,922 | |
| Other amounts receivable | 41 | €27,223 | €38,726 | +€11,503 | +42.3% |
| Cash at bank and in hand | 54/58 | €99,595 | €70,708 | -€28,887 | -29.0% |
| Total equity and liabilities | 10/49 | €355,489 | €188,930 | -€166,559 | -46.9% |
| Equity | 10/15 | €153,052 | €86,748 | -€66,304 | -43.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,592 | €66,288 | -€66,304 | -50.0% |
| Amounts payable | 17/49 | €202,437 | €102,182 | -€100,255 | -49.5% |
| Amounts payable after more than one year | 17 | €9,650 | €13,092 | +€3,441 | +35.7% |
| Financial debts | 170/4 | €9,650 | €13,092 | +€3,441 | +35.7% |
| Amounts payable within one year | 42/48 | €189,219 | €85,523 | -€103,696 | -54.8% |
| Trade debts | 44 | €56,415 | €56,842 | +€427 | +0.8% |
| Suppliers | 440/4 | €56,415 | €56,842 | +€427 | +0.8% |
| Taxes, remuneration and social security | 45 | €1,175 | €15,645 | +€14,470 | +1,231% |
| Taxes | 450/3 | - | €13,499 | +€13,499 | |
| Remuneration and social security | 454/9 | €1,175 | €2,146 | +€971 | +82.6% |
| Other amounts payable | 47/48 | €131,629 | €13,037 | -€118,592 | -90.1% |
| Accrued charges and deferred income | 492/3 | €3,568 | €3,568 | = | 0.0% |
| Turnover | 70 | €1,127,450 | €949,985 | -€177,464 | -15.7% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €961,030 | +€961,030 | |
| Remuneration, social security and pensions | 62 | - | €4,231 | +€4,231 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €287,943 | +€287,943 | |
| Other operating charges | 640/8 | - | €10,585 | +€10,585 | |
| Gross operating margin | 9900 | €26,782 | €255,242 | +€228,461 | +853% |
| Operating profit (loss) | 9901 | €26,782 | -€47,517 | -€74,299 | |
| Financial income | 75/76B | €125 | €2,488 | +€2,363 | +1,886% |
| Recurring financial income | 75 | €125 | €2,488 | +€2,363 | +1,886% |
| Financial charges | 65/66B | €761 | €3,171 | +€2,410 | +317% |
| Recurring financial charges | 65 | €761 | €3,171 | +€2,410 | +317% |
| Profit (loss) for the period before taxes | 9903 | €26,146 | -€48,200 | -€74,347 | |
| Income taxes | 67/77 | - | €18,104 | +€18,104 | |
| Profit (loss) for the period | 9904 | €26,146 | -€66,304 | -€92,451 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,146 | -€66,304 | -€92,451 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.