M B TOITURES SA: 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.
M B TOITURES SA
Largest movements
- Tangible fixed assets +€97,613
up €97,613 (+151%), from €64,818 to €162,431
of which Furniture and vehicles: +€100,117
- Cash +€47,246
up €47,246 (+86.3%), from €54,721 to €101,966
mainly Debts after one year (+€90,674) and Other debts (+€50,130)
- Receivables within one year -€20,988
down €20,988 (-75.1%), from €27,930 to €6,942
of which Trade receivables: -€21,279
- Stocks and contracts +€7,000
new in 2025: €7,000
- Debts after one year +€90,674
new in 2025: €90,674
- Other debts +€50,130
up €50,130 (+2,034%), from €2,465 to €52,594
- Tax, wage and social debts -€28,356
down €28,356 (-76.6%), from €37,015 to €8,659
of which Remuneration and social security: -€27,382
- Current portion of long-term debt +€14,805
new in 2025: €14,805
- Trade debts +€5,176
up €5,176 (+27.6%), from €18,785 to €23,961
- Staff costs +€26,075
up €26,075 (+25.4%), from €102,782 to €128,857
- Gross operating margin -€8,862
down €8,862 (-5.8%), from €153,431 to €144,569
- Taxes -€8,528
no longer reported in 2025 (was €8,528)
- Depreciation +€6,874
up €6,874 (+103%), from €6,663 to €13,537
- Financial charges +€3,398
up €3,398 (+1,470%), from €231 to €3,629
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 | €159,318 | €288,786 | +€129,468 | +81.3% |
| Fixed assets | 21/28 | €64,818 | €162,431 | +€97,613 | +151% |
| Tangible fixed assets | 22/27 | €64,818 | €162,431 | +€97,613 | +151% |
| Plant, machinery and equipment | 23 | €8,787 | €6,387 | -€2,400 | -27.3% |
| Furniture and vehicles | 24 | €45,663 | €145,780 | +€100,117 | +219% |
| Other tangible fixed assets | 26 | €10,368 | €10,264 | -€104 | -1.0% |
| Current assets | 29/58 | €94,500 | €126,355 | +€31,855 | +33.7% |
| Stocks and contracts in progress | 3 | - | €7,000 | +€7,000 | |
| Stocks | 30/36 | - | €7,000 | +€7,000 | |
| Amounts receivable within one year | 40/41 | €27,930 | €6,942 | -€20,988 | -75.1% |
| Trade receivables | 40 | €27,930 | €6,651 | -€21,279 | -76.2% |
| Other amounts receivable | 41 | - | €291 | +€291 | |
| Cash at bank and in hand | 54/58 | €54,721 | €101,966 | +€47,246 | +86.3% |
| Deferred charges and accrued income | 490/1 | €11,850 | €10,447 | -€1,403 | -11.8% |
| Total equity and liabilities | 10/49 | €159,318 | €288,786 | +€129,468 | +81.3% |
| Equity | 10/15 | €99,453 | €97,443 | -€2,010 | -2.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,953 | €35,943 | -€2,010 | -5.3% |
| Amounts payable | 17/49 | €59,864 | €191,342 | +€131,478 | +220% |
| Amounts payable after more than one year | 17 | - | €90,674 | +€90,674 | |
| Financial debts | 170/4 | - | €90,674 | +€90,674 | |
| Amounts payable within one year | 42/48 | €59,864 | €100,669 | +€40,804 | +68.2% |
| Current portion of amounts payable after more than one year | 42 | - | €14,805 | +€14,805 | |
| Trade debts | 44 | €18,785 | €23,961 | +€5,176 | +27.6% |
| Suppliers | 440/4 | €18,785 | €23,961 | +€5,176 | +27.6% |
| Advances received on contracts in progress | 46 | €1,600 | €650 | -€950 | -59.4% |
| Taxes, remuneration and social security | 45 | €37,015 | €8,659 | -€28,356 | -76.6% |
| Taxes | 450/3 | €9,502 | €8,528 | -€974 | -10.3% |
| Remuneration and social security | 454/9 | €27,513 | €131 | -€27,382 | -99.5% |
| Other amounts payable | 47/48 | €2,465 | €52,594 | +€50,130 | +2,034% |
| Remuneration, social security and pensions | 62 | €102,782 | €128,857 | +€26,075 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,663 | €13,537 | +€6,874 | +103% |
| Other operating charges | 640/8 | €204 | €3,527 | +€3,324 | +1,633% |
| Gross operating margin | 9900 | €153,431 | €144,569 | -€8,862 | -5.8% |
| Operating profit (loss) | 9901 | €43,782 | -€1,353 | -€45,135 | |
| Financial income | 75/76B | €2,930 | €2,971 | +€41 | +1.4% |
| Recurring financial income | 75 | €2,930 | €2,971 | +€41 | +1.4% |
| Financial charges | 65/66B | €231 | €3,629 | +€3,398 | +1,470% |
| Recurring financial charges | 65 | €231 | €3,629 | +€3,398 | +1,470% |
| Profit (loss) for the period before taxes | 9903 | €46,482 | -€2,010 | -€48,492 | |
| Income taxes | 67/77 | €8,528 | - | -€8,528 | |
| Profit (loss) for the period | 9904 | €37,953 | -€2,010 | -€39,964 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,953 | -€2,010 | -€39,964 |
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 26 October 2026 via checked.be.