M.TOIT: what changed
Two fiscal 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.TOIT
Largest movements
- Receivables within one year -€36,847
down €36,847 (-42.7%), from €86,301 to €49,453
of which Trade receivables: -€38,609
- Stocks and contracts +€21,060
new in 2024: €21,060
- Tangible fixed assets +€12,973
up €12,973 (+175.7%), from €7,384 to €20,357
of which Furniture and vehicles: +€10,567
- Intangible fixed assets -€1,112
down €1,112 (-55.1%), from €2,018 to €907
- Trade debts -€40,865
down €40,865 (-51.8%), from €78,824 to €37,958
- Other debts +€26,153
up €26,153 (+254.1%), from €10,291 to €36,443
- Tax, wage and social debts +€10,202
new in 2024: €10,202
- Profit (loss) carried forward +€4,821
up €4,821 (+15.5%), from -€31,145 to -€26,324
- Short-term financial debts -€3,667
down €3,667 (-12.2%), from €30,000 to €26,333
- Gross operating margin +€24,623
up €24,623, from -€2,916 to €21,706
- Staff costs -€17,297
down €17,297 (-97.4%), from €17,754 to €457
- Financial charges +€3,464
up €3,464 (+59.6%), from €5,816 to €9,280
- Other operating charges -€1,376
down €1,376 (-70.2%), from €1,961 to €585
- Depreciation +€1,306
up €1,306 (+24.8%), from €5,257 to €6,563
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.
Cash bridge derived
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 | €96,029 | €92,735 | -€3,294 | -3.4% |
| Fixed assets | 21/28 | €9,402 | €21,263 | +€11,861 | +126.2% |
| Intangible fixed assets | 21 | €2,018 | €907 | -€1,112 | -55.1% |
| Tangible fixed assets | 22/27 | €7,384 | €20,357 | +€12,973 | +175.7% |
| Plant, machinery and equipment | 23 | €800 | €3,206 | +€2,406 | +300.7% |
| Furniture and vehicles | 24 | €6,584 | €17,151 | +€10,567 | +160.5% |
| Current assets | 29/58 | €86,627 | €71,471 | -€15,155 | -17.5% |
| Stocks and contracts in progress | 3 | - | €21,060 | +€21,060 | |
| Stocks | 30/36 | - | €21,060 | +€21,060 | |
| Amounts receivable within one year | 40/41 | €86,301 | €49,453 | -€36,847 | -42.7% |
| Trade receivables | 40 | €82,777 | €44,167 | -€38,609 | -46.6% |
| Other amounts receivable | 41 | €3,524 | €5,286 | +€1,762 | +50.0% |
| Cash at bank and in hand | 54/58 | €68 | €958 | +€890 | +1316.8% |
| Deferred charges and accrued income | 490/1 | €258 | - | -€258 | |
| Total equity and liabilities | 10/49 | €96,029 | €92,735 | -€3,294 | -3.4% |
| Equity | 10/15 | -€23,085 | -€18,264 | +€4,821 | +20.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,145 | -€26,324 | +€4,821 | +15.5% |
| Amounts payable | 17/49 | €119,114 | €110,999 | -€8,115 | -6.8% |
| Amounts payable within one year | 42/48 | €119,114 | €110,937 | -€8,177 | -6.9% |
| Financial debts | 43 | €30,000 | €26,333 | -€3,667 | -12.2% |
| Credit institutions | 430/8 | €30,000 | €26,333 | -€3,667 | -12.2% |
| Trade debts | 44 | €78,824 | €37,958 | -€40,865 | -51.8% |
| Suppliers | 440/4 | €78,824 | €37,958 | -€40,865 | -51.8% |
| Taxes, remuneration and social security | 45 | - | €10,202 | +€10,202 | |
| Taxes | 450/3 | - | €10,202 | +€10,202 | |
| Other amounts payable | 47/48 | €10,291 | €36,443 | +€26,153 | +254.1% |
| Accrued charges and deferred income | 492/3 | - | €62 | +€62 | |
| Remuneration, social security and pensions | 62 | €17,754 | €457 | -€17,297 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,257 | €6,563 | +€1,306 | +24.8% |
| Other operating charges | 640/8 | €1,961 | €585 | -€1,376 | -70.2% |
| Gross operating margin | 9900 | -€2,916 | €21,706 | +€24,623 | |
| Operating profit (loss) | 9901 | -€27,888 | €14,101 | +€41,990 | |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €5,816 | €9,280 | +€3,464 | +59.6% |
| Recurring financial charges | 65 | €5,816 | €9,280 | +€3,464 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,689 | €4,821 | +€38,510 | |
| Income taxes | 67/77 | -€347 | - | +€347 | |
| Profit (loss) for the period | 9904 | -€33,342 | €4,821 | +€38,163 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,342 | €4,821 | +€38,163 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.