TOIT ET BOIS: 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.
TOIT ET BOIS
Largest movements
- Tangible fixed assets -€73,887
down €73,887 (-67.0%), from €110,243 to €36,356
of which Leasing and similar rights: -€89,500
- Cash -€21,022
down €21,022 (-34.7%), from €60,656 to €39,634
mainly Debts after one year (-€56,714) and Net result for the year (-€36,144)
- Deferred charges and accrued income -€18,519
down €18,519 (-77.8%), from €23,815 to €5,297
- Receivables within one year +€10,268
up €10,268 (+137%), from €7,491 to €17,759
of which Trade receivables: +€9,164
- Intangible fixed assets +€2,952
new in 2025: €2,952
- Debts after one year -€56,714
down €56,714 (-61.6%), from €92,067 to €35,353
- Reserves -€18,555
down €18,555 (-88.2%), from €21,035 to €2,480
of which Tax-exempt reserves: -€18,555
- Profit (loss) carried forward -€17,589
down €17,589 (-99.3%), from €17,717 to €128
- Current portion of long-term debt -€10,422
down €10,422 (-33.3%), from €31,267 to €20,845
- Tax, wage and social debts +€6,187
up €6,187 (+36.8%), from €16,801 to €22,988
of which Remuneration and social security: +€6,498
- Staff costs +€18,252
up €18,252 (+24.9%), from €73,409 to €91,660
- Depreciation -€15,276
down €15,276 (-41.7%), from €36,618 to €21,342
- Gross operating margin -€15,259
down €15,259 (-12.6%), from €121,111 to €105,852
- Taxes +€4,131
up €4,131 (+11,504%), from €36 to €4,167
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 | €202,331 | €102,122 | -€100,208 | -49.5% |
| Fixed assets | 21/28 | €110,368 | €39,432 | -€70,935 | -64.3% |
| Intangible fixed assets | 21 | - | €2,952 | +€2,952 | |
| Tangible fixed assets | 22/27 | €110,243 | €36,356 | -€73,887 | -67.0% |
| Plant, machinery and equipment | 23 | €2,179 | €722 | -€1,457 | -66.8% |
| Furniture and vehicles | 24 | €15,457 | €32,526 | +€17,070 | +110% |
| Leasing and similar rights | 25 | €92,607 | €3,107 | -€89,500 | -96.6% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €91,963 | €62,690 | -€29,273 | -31.8% |
| Amounts receivable within one year | 40/41 | €7,491 | €17,759 | +€10,268 | +137% |
| Trade receivables | 40 | €3,486 | €12,651 | +€9,164 | +263% |
| Other amounts receivable | 41 | €4,005 | €5,108 | +€1,104 | +27.6% |
| Cash at bank and in hand | 54/58 | €60,656 | €39,634 | -€21,022 | -34.7% |
| Deferred charges and accrued income | 490/1 | €23,815 | €5,297 | -€18,519 | -77.8% |
| Total equity and liabilities | 10/49 | €202,331 | €102,122 | -€100,208 | -49.5% |
| Equity | 10/15 | €51,157 | €15,013 | -€36,144 | -70.7% |
| Contributions | 10/11 | €12,405 | €12,405 | = | 0.0% |
| Reserves | 13 | €21,035 | €2,480 | -€18,555 | -88.2% |
| Tax-exempt reserves | 132 | €18,555 | €0 | -€18,555 | -100% |
| Distributable reserves | 133 | €2,480 | €2,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,717 | €128 | -€17,589 | -99.3% |
| Amounts payable | 17/49 | €151,174 | €87,109 | -€64,065 | -42.4% |
| Amounts payable after more than one year | 17 | €92,067 | €35,353 | -€56,714 | -61.6% |
| Financial debts | 170/4 | €92,067 | €35,353 | -€56,714 | -61.6% |
| Amounts payable within one year | 42/48 | €58,950 | €51,689 | -€7,261 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €31,267 | €20,845 | -€10,422 | -33.3% |
| Trade debts | 44 | €10,883 | €6,021 | -€4,861 | -44.7% |
| Suppliers | 440/4 | €10,883 | €6,021 | -€4,861 | -44.7% |
| Taxes, remuneration and social security | 45 | €16,801 | €22,988 | +€6,187 | +36.8% |
| Taxes | 450/3 | €7,238 | €6,927 | -€311 | -4.3% |
| Remuneration and social security | 454/9 | €9,563 | €16,061 | +€6,498 | +67.9% |
| Other amounts payable | 47/48 | €0 | €1,835 | +€1,835 | |
| Accrued charges and deferred income | 492/3 | €156 | €67 | -€89 | -57.1% |
| Non-recurring operating income | 76A | €450 | €0 | -€450 | -100% |
| Remuneration, social security and pensions | 62 | €73,409 | €91,660 | +€18,252 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,618 | €21,342 | -€15,276 | -41.7% |
| Other operating charges | 640/8 | €5,059 | €4,959 | -€100 | -2.0% |
| Non-recurring operating charges | 66A | - | €17,680 | +€17,680 | |
| Gross operating margin | 9900 | €121,111 | €105,852 | -€15,259 | -12.6% |
| Operating profit (loss) | 9901 | €6,025 | -€29,790 | -€35,815 | |
| Financial income | 75/76B | €2,466 | €3,368 | +€901 | +36.6% |
| Recurring financial income | 75 | €2,466 | €3,368 | +€901 | +36.6% |
| Financial charges | 65/66B | €6,378 | €5,554 | -€823 | -12.9% |
| Recurring financial charges | 65 | €6,378 | €5,554 | -€823 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €2,113 | -€31,977 | -€34,090 | |
| Income taxes | 67/77 | €36 | €4,167 | +€4,131 | +11,504% |
| Profit (loss) for the period | 9904 | €2,078 | -€36,144 | -€38,221 | |
| Transfer from tax-exempt reserves | 789 | - | €18,555 | +€18,555 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,078 | -€17,589 | -€19,667 |
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 24 October 2026 via checked.be.