TOITEX: 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.
TOITEX
Largest movements
- Receivables within one year +€21,380
up €21,380 (+38.5%), from €55,489 to €76,869
- Tangible fixed assets -€8,638
down €8,638 (-5.0%), from €172,033 to €163,396
- Reserves +€8,942
up €8,942 (+5.3%), from €167,761 to €176,704
of which Distributable reserves: +€8,942
- Tax, wage and social debts +€3,891
up €3,891 (+907%), from €429 to €4,320
- Depreciation -€559
down €559 (-6.1%), from €9,197 to €8,638
- Gross operating margin +€377
up €377 (+1.9%), from €20,126 to €20,503
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
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,281 | €243,023 | +€12,742 | +5.5% |
| Fixed assets | 21/28 | €172,033 | €163,396 | -€8,638 | -5.0% |
| Tangible fixed assets | 22/27 | €172,033 | €163,396 | -€8,638 | -5.0% |
| Land and buildings | 22 | €172,033 | €163,396 | -€8,638 | -5.0% |
| Current assets | 29/58 | €58,247 | €79,627 | +€21,380 | +36.7% |
| Stocks and contracts in progress | 3 | €2,758 | €2,758 | = | 0.0% |
| Stocks | 30/36 | €2,758 | €2,758 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,489 | €76,869 | +€21,380 | +38.5% |
| Other amounts receivable | 41 | €55,489 | €76,869 | +€21,380 | +38.5% |
| Total equity and liabilities | 10/49 | €230,281 | €243,023 | +€12,742 | +5.5% |
| Equity | 10/15 | €229,761 | €238,704 | +€8,942 | +3.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €167,761 | €176,704 | +€8,942 | +5.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €161,561 | €170,504 | +€8,942 | +5.5% |
| Amounts payable | 17/49 | €519 | €4,320 | +€3,800 | +732% |
| Amounts payable within one year | 42/48 | €519 | €4,320 | +€3,800 | +732% |
| Trade debts | 44 | €90 | - | -€90 | |
| Suppliers | 440/4 | €90 | - | -€90 | |
| Taxes, remuneration and social security | 45 | €429 | €4,320 | +€3,891 | +907% |
| Taxes | 450/3 | €429 | €4,320 | +€3,891 | +907% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,197 | €8,638 | -€559 | -6.1% |
| Other operating charges | 640/8 | €2,839 | €2,924 | +€84 | +3.0% |
| Gross operating margin | 9900 | €20,126 | €20,503 | +€377 | +1.9% |
| Operating profit (loss) | 9901 | €8,090 | €8,942 | +€852 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €8,090 | €8,942 | +€852 | +10.5% |
| Profit (loss) for the period | 9904 | €8,090 | €8,942 | +€852 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,090 | €8,942 | +€852 | +10.5% |
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 14 October 2026 via checked.be.