RELOOK TOITURES: what changed
RELOOK TOITURES
Largest movements
- Receivables within one year -€120,612
down €120,612 (-54.9%), from €219,572 to €98,960
of which Other amounts receivable: -€108,923
- Cash +€16,414
up €16,414 (+239%), from €6,861 to €23,275
mainly Receivables within one year (+€120,612) and Net result for the year (+€92,131)
- Tangible fixed assets -€9,090
down €9,090 (-39.3%), from €23,138 to €14,048
- Deferred charges and accrued income -€4,645
no longer reported in 2025 (was €4,645)
- Other debts -€60,000
down €60,000 (-40.0%), from €150,000 to €90,000
- Profit (loss) carried forward -€46,869
down €46,869 (-94.6%), from €49,528 to €2,659
- Trade debts -€11,739
down €11,739 (-95.5%), from €12,286 to €548
- Gross operating margin -€22,492
down €22,492 (-14.7%), from €153,078 to €130,586
- Other operating charges -€7,956
down €7,956 (-90.1%), from €8,832 to €876
- Taxes -€6,675
down €6,675 (-16.3%), from €40,901 to €34,226
- Financial income -€3,762
down €3,762 (-32.4%), from €11,598 to €7,836
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €254,215 | €136,283 | -€117,932 | -46.4% |
| Fixed assets | 21/28 | €23,138 | €14,048 | -€9,090 | -39.3% |
| Tangible fixed assets | 22/27 | €23,138 | €14,048 | -€9,090 | -39.3% |
| Furniture and vehicles | 24 | €23,138 | €14,048 | -€9,090 | -39.3% |
| Current assets | 29/58 | €231,077 | €122,235 | -€108,843 | -47.1% |
| Amounts receivable within one year | 40/41 | €219,572 | €98,960 | -€120,612 | -54.9% |
| Trade receivables | 40 | €13,628 | €1,939 | -€11,689 | -85.8% |
| Other amounts receivable | 41 | €205,944 | €97,021 | -€108,923 | -52.9% |
| Cash at bank and in hand | 54/58 | €6,861 | €23,275 | +€16,414 | +239% |
| Deferred charges and accrued income | 490/1 | €4,645 | - | -€4,645 | |
| Total equity and liabilities | 10/49 | €254,215 | €136,283 | -€117,932 | -46.4% |
| Equity | 10/15 | €51,028 | €4,159 | -€46,869 | -91.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,528 | €2,659 | -€46,869 | -94.6% |
| Amounts payable | 17/49 | €203,188 | €132,124 | -€71,064 | -35.0% |
| Amounts payable within one year | 42/48 | €203,188 | €132,124 | -€71,064 | -35.0% |
| Trade debts | 44 | €12,286 | €548 | -€11,739 | -95.5% |
| Suppliers | 440/4 | €12,286 | €548 | -€11,739 | -95.5% |
| Taxes, remuneration and social security | 45 | €40,901 | €41,576 | +€675 | +1.7% |
| Taxes | 450/3 | €40,901 | €41,576 | +€675 | +1.7% |
| Other amounts payable | 47/48 | €150,000 | €90,000 | -€60,000 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,333 | €10,753 | -€580 | -5.1% |
| Other operating charges | 640/8 | €8,832 | €876 | -€7,956 | -90.1% |
| Gross operating margin | 9900 | €153,078 | €130,586 | -€22,492 | -14.7% |
| Operating profit (loss) | 9901 | €132,913 | €118,957 | -€13,956 | -10.5% |
| Financial income | 75/76B | €11,598 | €7,836 | -€3,762 | -32.4% |
| Recurring financial income | 75 | €11,598 | €7,836 | -€3,762 | -32.4% |
| Financial charges | 65/66B | €125 | €435 | +€311 | +249% |
| Recurring financial charges | 65 | €125 | €435 | +€311 | +249% |
| Profit (loss) for the period before taxes | 9903 | €144,386 | €126,357 | -€18,028 | -12.5% |
| Income taxes | 67/77 | €40,901 | €34,226 | -€6,675 | -16.3% |
| Profit (loss) for the period | 9904 | €103,485 | €92,131 | -€11,353 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,485 | €92,131 | -€11,353 | -11.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.