TOITOITOI: 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.
TOITOITOI
Largest movements
- Tangible fixed assets -€26,485
down €26,485 (-22.0%), from €120,592 to €94,107
of which Plant, machinery and equipment: -€22,815
- Receivables within one year -€23,165
down €23,165 (-42.9%), from €53,988 to €30,823
of which Trade receivables: -€22,345
- Cash +€12,495
up €12,495 (+42.0%), from €29,769 to €42,264
mainly Depreciation (+€33,408) and Receivables within one year (+€23,165)
- Current portion of long-term debt -€25,680
down €25,680 (-30.6%), from €83,890 to €58,210
- Trade debts -€24,856
down €24,856 (-49.9%), from €49,765 to €24,909
- Tax, wage and social debts +€15,518
up €15,518 (+22.9%), from €67,674 to €83,192
of which Remuneration and social security: +€18,620
- Debts after one year -€14,574
no longer reported in 2024 (was €14,574)
- Profit (loss) carried forward +€12,207
up €12,207 (+155%), from €7,892 to €20,099
- Gross operating margin +€37,282
up €37,282 (+11.7%), from €318,574 to €355,856
- Staff costs +€15,873
up €15,873 (+5.6%), from €283,725 to €299,598
- Taxes +€5,337
new in 2024: €5,337
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,441 | €192,225 | -€36,217 | -15.9% |
| Fixed assets | 21/28 | €131,092 | €104,607 | -€26,485 | -20.2% |
| Tangible fixed assets | 22/27 | €120,592 | €94,107 | -€26,485 | -22.0% |
| Plant, machinery and equipment | 23 | €33,159 | €10,345 | -€22,815 | -68.8% |
| Furniture and vehicles | 24 | €42,565 | €42,139 | -€425 | -1.0% |
| Leasing and similar rights | 25 | €3,484 | €3,015 | -€469 | -13.5% |
| Other tangible fixed assets | 26 | €41,384 | €38,608 | -€2,776 | -6.7% |
| Financial fixed assets | 28 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €97,350 | €87,618 | -€9,732 | -10.0% |
| Stocks and contracts in progress | 3 | €13,231 | €12,432 | -€799 | -6.0% |
| Stocks | 30/36 | €13,231 | €12,432 | -€799 | -6.0% |
| Amounts receivable within one year | 40/41 | €53,988 | €30,823 | -€23,165 | -42.9% |
| Trade receivables | 40 | €52,927 | €30,581 | -€22,345 | -42.2% |
| Other amounts receivable | 41 | €1,062 | €242 | -€819 | -77.2% |
| Cash at bank and in hand | 54/58 | €29,769 | €42,264 | +€12,495 | +42.0% |
| Deferred charges and accrued income | 490/1 | €361 | €2,099 | +€1,737 | +481% |
| Total equity and liabilities | 10/49 | €228,441 | €192,225 | -€36,217 | -15.9% |
| Equity | 10/15 | €10,892 | €23,099 | +€12,207 | +112% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,892 | €20,099 | +€12,207 | +155% |
| Amounts payable | 17/49 | €217,550 | €169,126 | -€48,424 | -22.3% |
| Amounts payable after more than one year | 17 | €14,574 | - | -€14,574 | |
| Financial debts | 170/4 | €14,574 | - | -€14,574 | |
| Amounts payable within one year | 42/48 | €202,976 | €169,126 | -€33,849 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €83,890 | €58,210 | -€25,680 | -30.6% |
| Financial debts | 43 | - | €1,169 | +€1,169 | |
| Credit institutions | 430/8 | - | €1,169 | +€1,169 | |
| Trade debts | 44 | €49,765 | €24,909 | -€24,856 | -49.9% |
| Suppliers | 440/4 | €49,765 | €24,909 | -€24,856 | -49.9% |
| Taxes, remuneration and social security | 45 | €67,674 | €83,192 | +€15,518 | +22.9% |
| Taxes | 450/3 | €24,731 | €21,629 | -€3,102 | -12.5% |
| Remuneration and social security | 454/9 | €42,943 | €61,563 | +€18,620 | +43.4% |
| Other amounts payable | 47/48 | €1,646 | €1,646 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €283,725 | €299,598 | +€15,873 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,270 | €33,408 | -€1,862 | -5.3% |
| Other operating charges | 640/8 | €3,762 | €2,846 | -€916 | -24.3% |
| Gross operating margin | 9900 | €318,574 | €355,856 | +€37,282 | +11.7% |
| Operating profit (loss) | 9901 | -€4,183 | €20,004 | +€24,187 | |
| Financial income | 75/76B | €10 | €36 | +€26 | +257% |
| Recurring financial income | 75 | €10 | €36 | +€26 | +257% |
| Financial charges | 65/66B | €4,571 | €2,496 | -€2,075 | -45.4% |
| Recurring financial charges | 65 | €4,571 | €2,496 | -€2,075 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,743 | €17,544 | +€26,287 | |
| Income taxes | 67/77 | - | €5,337 | +€5,337 | |
| Profit (loss) for the period | 9904 | -€8,743 | €12,207 | +€20,950 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,743 | €12,207 | +€20,950 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.