Toits & Moi 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.
Toits & Moi Construct
Largest movements
- Tangible fixed assets +€199,981
up €199,981 (+195.1%), from €102,523 to €302,504
of which Assets under construction and advance payments: +€212,721
- Cash -€132,772
down €132,772 (-56.6%), from €234,703 to €101,931
mainly Investment in fixed assets (net) (-€213,833) and Contributions, distributions and other (-€48,000)
- Deferred charges and accrued income +€5,020
new in 2025: €5,020
- Other debts +€49,261
up €49,261 (+7308.6%), from €674 to €49,935
- Profit (loss) carried forward +€33,900
up €33,900 (+11.2%), from €303,224 to €337,124
- Tax, wage and social debts -€23,005
down €23,005 (-76.8%), from €29,962 to €6,957
of which Taxes: -€27,606
- Advances received +€15,100
new in 2025: €15,100
- Staff costs +€21,793
new in 2025: €21,793
- Gross operating margin -€11,675
down €11,675 (-7.5%), from €155,257 to €143,582
- Taxes -€9,393
down €9,393 (-28.4%), from €33,022 to €23,629
- Depreciation +€3,084
up €3,084 (+28.6%), from €10,768 to €13,852
- Other operating charges -€2,991
down €2,991 (-68.5%), from €4,365 to €1,374
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 | €359,104 | €434,308 | +€75,204 | +20.9% |
| Fixed assets | 21/28 | €102,523 | €302,504 | +€199,981 | +195.1% |
| Tangible fixed assets | 22/27 | €102,523 | €302,504 | +€199,981 | +195.1% |
| Plant, machinery and equipment | 23 | €10,077 | €7,736 | -€2,341 | -23.2% |
| Furniture and vehicles | 24 | €26,599 | €17,977 | -€8,622 | -32.4% |
| Other tangible fixed assets | 26 | €15,070 | €13,294 | -€1,776 | -11.8% |
| Assets under construction and advance payments | 27 | €50,776 | €263,497 | +€212,721 | +418.9% |
| Current assets | 29/58 | €256,581 | €131,804 | -€124,777 | -48.6% |
| Amounts receivable within one year | 40/41 | €21,878 | €24,853 | +€2,975 | +13.6% |
| Trade receivables | 40 | €13,388 | €2,594 | -€10,794 | -80.6% |
| Other amounts receivable | 41 | €8,490 | €22,259 | +€13,769 | +162.2% |
| Cash at bank and in hand | 54/58 | €234,703 | €101,931 | -€132,772 | -56.6% |
| Deferred charges and accrued income | 490/1 | - | €5,020 | +€5,020 | |
| Total equity and liabilities | 10/49 | €359,104 | €434,308 | +€75,204 | +20.9% |
| Equity | 10/15 | €305,224 | €339,124 | +€33,900 | +11.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €303,224 | €337,124 | +€33,900 | +11.2% |
| Amounts payable | 17/49 | €53,879 | €95,184 | +€41,305 | +76.7% |
| Amounts payable after more than one year | 17 | €9,271 | €5,251 | -€4,020 | -43.4% |
| Financial debts | 170/4 | €9,271 | €5,251 | -€4,020 | -43.4% |
| Amounts payable within one year | 42/48 | €43,584 | €89,933 | +€46,349 | +106.3% |
| Current portion of amounts payable after more than one year | 42 | €4,983 | €7,159 | +€2,176 | +43.7% |
| Trade debts | 44 | €7,965 | €10,782 | +€2,817 | +35.4% |
| Suppliers | 440/4 | €7,965 | €10,782 | +€2,817 | +35.4% |
| Advances received on contracts in progress | 46 | - | €15,100 | +€15,100 | |
| Taxes, remuneration and social security | 45 | €29,962 | €6,957 | -€23,005 | -76.8% |
| Taxes | 450/3 | €27,800 | €194 | -€27,606 | -99.3% |
| Remuneration and social security | 454/9 | €2,162 | €6,763 | +€4,601 | +212.8% |
| Other amounts payable | 47/48 | €674 | €49,935 | +€49,261 | +7308.6% |
| Accrued charges and deferred income | 492/3 | €1,024 | - | -€1,024 | |
| Remuneration, social security and pensions | 62 | - | €21,793 | +€21,793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,768 | €13,852 | +€3,084 | +28.6% |
| Other operating charges | 640/8 | €4,365 | €1,374 | -€2,991 | -68.5% |
| Gross operating margin | 9900 | €155,257 | €143,582 | -€11,675 | -7.5% |
| Operating profit (loss) | 9901 | €140,123 | €106,563 | -€33,560 | -24.0% |
| Financial income | 75/76B | €1,467 | €277 | -€1,190 | -81.1% |
| Recurring financial income | 75 | €315 | €26 | -€289 | -91.7% |
| Non-recurring financial income | 76B | €1,152 | €251 | -€901 | -78.2% |
| Financial charges | 65/66B | €1,669 | €1,311 | -€358 | -21.5% |
| Recurring financial charges | 65 | €1,669 | €1,311 | -€358 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €139,921 | €105,529 | -€34,392 | -24.6% |
| Income taxes | 67/77 | €33,022 | €23,629 | -€9,393 | -28.4% |
| Profit (loss) for the period | 9904 | €106,899 | €81,900 | -€24,999 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €106,899 | €81,900 | -€24,999 | -23.4% |
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.