S.B. 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.
S.B. TOITURES
Largest movements
- Tangible fixed assets +€12,265
up €12,265 (+17.0%), from €72,087 to €84,352
of which Furniture and vehicles: +€19,066
- Cash -€7,421
down €7,421 (-9.8%), from €75,388 to €67,967
mainly Investment in fixed assets (net) (-€21,398) and Receivables within one year (-€5,965)
- Receivables within one year +€5,965
up €5,965 (+11.8%), from €50,748 to €56,713
of which Other amounts receivable: +€9,397
- Debts after one year +€15,398
new in 2025: €15,398
- Current portion of long-term debt +€4,037
new in 2025: €4,037
- Other debts -€3,987
down €3,987 (-66.0%), from €6,039 to €2,052
- Tax, wage and social debts -€2,925
down €2,925 (-71.4%), from €4,095 to €1,170
of which Remuneration and social security: -€1,865
- Staff costs -€11,324
down €11,324 (-50.3%), from €22,500 to €11,176
- Gross operating margin -€8,524
down €8,524 (-26.5%), from €32,171 to €23,647
- Depreciation +€2,313
up €2,313 (+33.9%), from €6,820 to €9,133
- Financial charges +€476
up €476 (+177%), from €270 to €746
- Financial income +€379
new in 2025: €379
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 | €198,415 | €210,566 | +€12,151 | +6.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €72,087 | €84,352 | +€12,265 | +17.0% |
| Tangible fixed assets | 22/27 | €72,087 | €84,352 | +€12,265 | +17.0% |
| Land and buildings | 22 | €72,087 | €65,286 | -€6,801 | -9.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €19,066 | +€19,066 | |
| Current assets | 29/58 | €126,328 | €126,214 | -€114 | -0.1% |
| Amounts receivable within one year | 40/41 | €50,748 | €56,713 | +€5,965 | +11.8% |
| Trade receivables | 40 | €48,147 | €44,714 | -€3,433 | -7.1% |
| Other amounts receivable | 41 | €2,602 | €11,999 | +€9,397 | +361% |
| Cash at bank and in hand | 54/58 | €75,388 | €67,967 | -€7,421 | -9.8% |
| Deferred charges and accrued income | 490/1 | €192 | €1,535 | +€1,343 | +700% |
| Total equity and liabilities | 10/49 | €198,415 | €210,566 | +€12,151 | +6.1% |
| Equity | 10/15 | €184,172 | €185,375 | +€1,203 | +0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €46,161 | €46,161 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,301 | €44,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,419 | €120,622 | +€1,203 | +1.0% |
| Amounts payable | 17/49 | €14,243 | €25,192 | +€10,949 | +76.9% |
| Amounts payable after more than one year | 17 | - | €15,398 | +€15,398 | |
| Financial debts | 170/4 | - | €15,398 | +€15,398 | |
| Amounts payable within one year | 42/48 | €14,243 | €9,794 | -€4,449 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | - | €4,037 | +€4,037 | |
| Trade debts | 44 | €4,109 | €2,535 | -€1,574 | -38.3% |
| Suppliers | 440/4 | €4,109 | €2,535 | -€1,574 | -38.3% |
| Taxes, remuneration and social security | 45 | €4,095 | €1,170 | -€2,925 | -71.4% |
| Taxes | 450/3 | €1,060 | - | -€1,060 | |
| Remuneration and social security | 454/9 | €3,035 | €1,170 | -€1,865 | -61.4% |
| Other amounts payable | 47/48 | €6,039 | €2,052 | -€3,987 | -66.0% |
| Remuneration, social security and pensions | 62 | €22,500 | €11,176 | -€11,324 | -50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,820 | €9,133 | +€2,313 | +33.9% |
| Other operating charges | 640/8 | €1,600 | €1,467 | -€133 | -8.3% |
| Gross operating margin | 9900 | €32,171 | €23,647 | -€8,524 | -26.5% |
| Operating profit (loss) | 9901 | €1,251 | €1,870 | +€619 | +49.5% |
| Financial income | 75/76B | - | €379 | +€379 | |
| Recurring financial income | 75 | - | €379 | +€379 | |
| Financial charges | 65/66B | €270 | €746 | +€476 | +177% |
| Recurring financial charges | 65 | €270 | €746 | +€476 | +177% |
| Profit (loss) for the period before taxes | 9903 | €981 | €1,503 | +€522 | +53.2% |
| Income taxes | 67/77 | -€6 | €301 | +€306 | |
| Profit (loss) for the period | 9904 | €987 | €1,203 | +€216 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €987 | €1,203 | +€216 | +21.9% |
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 31 October 2026 via checked.be.