JON 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.
JON TOITURE
Largest movements
- Receivables within one year -€56,370
down €56,370 (-15.5%), from €364,178 to €307,807
of which Trade receivables: -€31,139
- Cash +€40,634
up €40,634 (+199%), from €20,371 to €61,005
mainly Net result for the year (+€82,191) and Receivables within one year (+€56,370)
- Advances received -€42,039
down €42,039 (-26.5%), from €158,801 to €116,763
- Tax, wage and social debts +€28,732
up €28,732 (+80.9%), from €35,510 to €64,242
- Profit (loss) carried forward +€10,783
up €10,783 (+9.8%), from €109,726 to €120,509
- Trade debts -€8,427
down €8,427 (-8.8%), from €95,322 to €86,895
- Other debts -€7,609
no longer reported in 2025 (was €7,609)
- Gross operating margin +€21,004
up €21,004 (+19.8%), from €105,999 to €127,003
- Other operating charges +€5,110
up €5,110 (+368%), from €1,389 to €6,499
- Depreciation +€4,881
up €4,881 (+1,261%), from €387 to €5,268
- Financial charges +€2,219
up €2,219 (+291%), from €763 to €2,982
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 | €408,068 | €389,509 | -€18,559 | -4.5% |
| Fixed assets | 21/28 | €23,519 | €20,696 | -€2,823 | -12.0% |
| Tangible fixed assets | 22/27 | €23,519 | €20,696 | -€2,823 | -12.0% |
| Plant, machinery and equipment | 23 | - | €1,073 | +€1,073 | |
| Furniture and vehicles | 24 | €23,519 | €19,624 | -€3,896 | -16.6% |
| Current assets | 29/58 | €384,549 | €368,813 | -€15,736 | -4.1% |
| Amounts receivable within one year | 40/41 | €364,178 | €307,807 | -€56,370 | -15.5% |
| Trade receivables | 40 | €337,170 | €306,031 | -€31,139 | -9.2% |
| Other amounts receivable | 41 | €27,008 | €1,777 | -€25,231 | -93.4% |
| Cash at bank and in hand | 54/58 | €20,371 | €61,005 | +€40,634 | +199% |
| Total equity and liabilities | 10/49 | €408,068 | €389,509 | -€18,559 | -4.5% |
| Equity | 10/15 | €110,826 | €121,609 | +€10,783 | +9.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,726 | €120,509 | +€10,783 | +9.8% |
| Amounts payable | 17/49 | €297,242 | €267,900 | -€29,343 | -9.9% |
| Amounts payable within one year | 42/48 | €297,242 | €267,900 | -€29,343 | -9.9% |
| Trade debts | 44 | €95,322 | €86,895 | -€8,427 | -8.8% |
| Suppliers | 440/4 | €95,322 | €86,895 | -€8,427 | -8.8% |
| Advances received on contracts in progress | 46 | €158,801 | €116,763 | -€42,039 | -26.5% |
| Taxes, remuneration and social security | 45 | €35,510 | €64,242 | +€28,732 | +80.9% |
| Taxes | 450/3 | €35,510 | €64,242 | +€28,732 | +80.9% |
| Other amounts payable | 47/48 | €7,609 | - | -€7,609 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €387 | €5,268 | +€4,881 | +1,261% |
| Other operating charges | 640/8 | €1,389 | €6,499 | +€5,110 | +368% |
| Non-recurring operating charges | 66A | €290 | - | -€290 | |
| Gross operating margin | 9900 | €105,999 | €127,003 | +€21,004 | +19.8% |
| Operating profit (loss) | 9901 | €103,933 | €115,236 | +€11,303 | +10.9% |
| Financial income | 75/76B | €497 | €6 | -€491 | -98.8% |
| Recurring financial income | 75 | €497 | €6 | -€491 | -98.8% |
| Financial charges | 65/66B | €763 | €2,982 | +€2,219 | +291% |
| Recurring financial charges | 65 | €763 | €2,982 | +€2,219 | +291% |
| Profit (loss) for the period before taxes | 9903 | €103,667 | €112,259 | +€8,593 | +8.3% |
| Income taxes | 67/77 | €29,405 | €30,069 | +€663 | +2.3% |
| Profit (loss) for the period | 9904 | €74,261 | €82,191 | +€7,930 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,261 | €82,191 | +€7,930 | +10.7% |
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 27 October 2026 via checked.be.