M. 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.
M. TOITURES
Largest movements
- Deferred charges and accrued income +€49,895
new in 2024: €49,895
- Tangible fixed assets -€23,642
down €23,642 (-58.7%), from €40,246 to €16,604
- Intangible fixed assets -€6,514
down €6,514 (-33.3%), from €19,544 to €13,030
- Receivables within one year +€4,480
up €4,480 (+17.9%), from €24,971 to €29,451
of which Other amounts receivable: +€6,541
- Trade debts +€48,220
up €48,220 (+651%), from €7,409 to €55,629
- Accrued charges and deferred income -€18,486
no longer reported in 2024 (was €18,486)
- Profit (loss) carried forward +€15,517
up €15,517 (+56.0%), from -€27,697 to -€12,180
- Debts after one year -€11,468
down €11,468 (-34.4%), from €33,315 to €21,847
- Short-term financial debts -€5,284
down €5,284 (-22.1%), from €23,870 to €18,586
- Gross operating margin +€49,615
up €49,615 (+121%), from €41,152 to €90,767
- Staff costs +€13,438
up €13,438 (+56.0%), from €24,000 to €37,438
- Financial charges +€1,209
up €1,209 (+27.3%), from €4,424 to €5,633
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,997 | €109,216 | +€24,219 | +28.5% |
| Fixed assets | 21/28 | €60,026 | €29,870 | -€30,156 | -50.2% |
| Intangible fixed assets | 21 | €19,544 | €13,030 | -€6,514 | -33.3% |
| Tangible fixed assets | 22/27 | €40,246 | €16,604 | -€23,642 | -58.7% |
| Furniture and vehicles | 24 | €40,246 | €16,604 | -€23,642 | -58.7% |
| Financial fixed assets | 28 | €236 | €236 | = | 0.0% |
| Current assets | 29/58 | €24,971 | €79,346 | +€54,375 | +218% |
| Amounts receivable within one year | 40/41 | €24,971 | €29,451 | +€4,480 | +17.9% |
| Trade receivables | 40 | €18,114 | €16,053 | -€2,061 | -11.4% |
| Other amounts receivable | 41 | €6,857 | €13,398 | +€6,541 | +95.4% |
| Deferred charges and accrued income | 490/1 | - | €49,895 | +€49,895 | |
| Total equity and liabilities | 10/49 | €84,997 | €109,216 | +€24,219 | +28.5% |
| Equity | 10/15 | -€25,697 | -€10,180 | +€15,517 | +60.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,697 | -€12,180 | +€15,517 | +56.0% |
| Amounts payable | 17/49 | €110,694 | €119,396 | +€8,702 | +7.9% |
| Amounts payable after more than one year | 17 | €33,315 | €21,847 | -€11,468 | -34.4% |
| Financial debts | 170/4 | €33,315 | €21,847 | -€11,468 | -34.4% |
| Amounts payable within one year | 42/48 | €58,893 | €97,549 | +€38,656 | +65.6% |
| Current portion of amounts payable after more than one year | 42 | €11,038 | €11,468 | +€430 | +3.9% |
| Financial debts | 43 | €23,870 | €18,586 | -€5,284 | -22.1% |
| Credit institutions | 430/8 | €23,870 | €18,586 | -€5,284 | -22.1% |
| Trade debts | 44 | €7,409 | €55,629 | +€48,220 | +651% |
| Suppliers | 440/4 | €7,409 | €55,629 | +€48,220 | +651% |
| Taxes, remuneration and social security | 45 | €13,180 | €11,866 | -€1,314 | -10.0% |
| Taxes | 450/3 | €4,770 | €4,292 | -€478 | -10.0% |
| Remuneration and social security | 454/9 | €8,410 | €7,574 | -€836 | -9.9% |
| Other amounts payable | 47/48 | €3,396 | - | -€3,396 | |
| Accrued charges and deferred income | 492/3 | €18,486 | - | -€18,486 | |
| Remuneration, social security and pensions | 62 | €24,000 | €37,438 | +€13,438 | +56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,157 | €30,157 | = | 0.0% |
| Other operating charges | 640/8 | €2,084 | €2,313 | +€229 | +11.0% |
| Non-recurring operating charges | 66A | €5,938 | - | -€5,938 | |
| Gross operating margin | 9900 | €41,152 | €90,767 | +€49,615 | +121% |
| Operating profit (loss) | 9901 | -€21,027 | €20,859 | +€41,886 | |
| Financial income | 75/76B | €184 | €291 | +€107 | +58.2% |
| Recurring financial income | 75 | €184 | €291 | +€107 | +58.2% |
| Financial charges | 65/66B | €4,424 | €5,633 | +€1,209 | +27.3% |
| Recurring financial charges | 65 | €4,424 | €5,633 | +€1,209 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,267 | €15,517 | +€40,784 | |
| Profit (loss) for the period | 9904 | -€25,267 | €15,517 | +€40,784 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,267 | €15,517 | +€40,784 |
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 24 October 2026 via checked.be.