STEFAN TOITURE CONSTRUCT: 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.
STEFAN TOITURE CONSTRUCT
Largest movements
- Cash +€18,707
up €18,707 (+831.2%), from €2,251 to €20,958
mainly Net result for the year (+€31,005) and Tax, wage and social debts (+€14,655)
- Receivables within one year +€18,685
up €18,685 (+33.0%), from €56,599 to €75,284
of which Other amounts receivable: +€44,347
- Tangible fixed assets +€3,617
new in 2025: €3,617
- Profit (loss) carried forward +€31,005
up €31,005 (+279.0%), from €11,113 to €42,118
- Tax, wage and social debts +€14,655
new in 2025: €14,655
- Advances received -€5,320
down €5,320 (-14.8%), from €35,964 to €30,644
- Gross operating margin +€36,216
up €36,216 (+325.7%), from €11,120 to €47,336
- Taxes +€14,655
new in 2025: €14,655
- Financial charges +€910
up €910 (+12538.4%), from €7 to €918
- Depreciation +€758
new in 2025: €758
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.
Cash bridge derived
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 | €58,850 | €99,859 | +€41,009 | +69.7% |
| Fixed assets | 21/28 | - | €3,617 | +€3,617 | |
| Tangible fixed assets | 22/27 | - | €3,617 | +€3,617 | |
| Furniture and vehicles | 24 | - | €3,617 | +€3,617 | |
| Current assets | 29/58 | €58,850 | €96,242 | +€37,392 | +63.5% |
| Amounts receivable within one year | 40/41 | €56,599 | €75,284 | +€18,685 | +33.0% |
| Trade receivables | 40 | €52,681 | €27,019 | -€25,662 | -48.7% |
| Other amounts receivable | 41 | €3,918 | €48,265 | +€44,347 | +1131.9% |
| Cash at bank and in hand | 54/58 | €2,251 | €20,958 | +€18,707 | +831.2% |
| Total equity and liabilities | 10/49 | €58,850 | €99,859 | +€41,009 | +69.7% |
| Equity | 10/15 | €12,613 | €43,618 | +€31,005 | +245.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,113 | €42,118 | +€31,005 | +279.0% |
| Amounts payable | 17/49 | €46,237 | €56,241 | +€10,003 | +21.6% |
| Amounts payable within one year | 42/48 | €46,237 | €56,241 | +€10,003 | +21.6% |
| Trade debts | 44 | €2,220 | €2,889 | +€669 | +30.1% |
| Suppliers | 440/4 | €2,220 | €2,889 | +€669 | +30.1% |
| Advances received on contracts in progress | 46 | €35,964 | €30,644 | -€5,320 | -14.8% |
| Taxes, remuneration and social security | 45 | - | €14,655 | +€14,655 | |
| Taxes | 450/3 | - | €14,655 | +€14,655 | |
| Other amounts payable | 47/48 | €8,053 | €8,053 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €758 | +€758 | |
| Gross operating margin | 9900 | €11,120 | €47,336 | +€36,216 | +325.7% |
| Operating profit (loss) | 9901 | €11,120 | €46,578 | +€35,458 | +318.9% |
| Financial charges | 65/66B | €7 | €918 | +€910 | +12538.4% |
| Recurring financial charges | 65 | €7 | €918 | +€910 | +12538.4% |
| Profit (loss) for the period before taxes | 9903 | €11,113 | €45,660 | +€34,548 | +310.9% |
| Income taxes | 67/77 | - | €14,655 | +€14,655 | |
| Profit (loss) for the period | 9904 | €11,113 | €31,005 | +€19,893 | +179.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,113 | €31,005 | +€19,893 | +179.0% |
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 11 October 2026 via checked.be.