TOITS MONTOIS 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 MONTOIS CONSTRUCT
Largest movements
- Receivables within one year +€73,767
up €73,767 (+416%), from €17,736 to €91,503
of which Other amounts receivable: +€66,255
- Cash -€28,453
down €28,453 (-28.8%), from €98,762 to €70,309
mainly Receivables within one year (-€73,767) and Investment in fixed assets (net) (-€53,104)
- Tangible fixed assets +€17,089
up €17,089 (+21.8%), from €78,566 to €95,655
of which Furniture and vehicles: +€19,488
- Deferred charges and accrued income +€3,470
up €3,470 (+289%), from €1,199 to €4,670
- Reserves +€35,518
up €35,518 (+50.9%), from €69,792 to €105,310
- Trade debts +€15,270
up €15,270 (+115%), from €13,279 to €28,548
- Tax, wage and social debts +€9,665
up €9,665 (+52.8%), from €18,299 to €27,964
- Current portion of long-term debt +€7,309
up €7,309 (+28.0%), from €26,079 to €33,388
- Debts after one year -€3,732
down €3,732 (-4.6%), from €81,279 to €77,547
- Depreciation +€25,582
up €25,582 (+234%), from €10,927 to €36,510
- Gross operating margin -€12,821
down €12,821 (-12.4%), from €103,206 to €90,385
- Taxes -€8,116
down €8,116 (-45.0%), from €18,040 to €9,924
- Other operating charges +€2,077
up €2,077 (+163%), from €1,276 to €3,352
- Financial charges +€1,990
up €1,990 (+64.4%), from €3,093 to €5,083
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 | €211,983 | €274,757 | +€62,774 | +29.6% |
| Formation expenses | 20 | €2,256 | €1,761 | -€495 | -21.9% |
| Fixed assets | 21/28 | €78,566 | €95,655 | +€17,089 | +21.8% |
| Tangible fixed assets | 22/27 | €78,566 | €95,655 | +€17,089 | +21.8% |
| Land and buildings | 22 | €17,303 | €15,501 | -€1,802 | -10.4% |
| Plant, machinery and equipment | 23 | €5,952 | €7,996 | +€2,044 | +34.3% |
| Furniture and vehicles | 24 | €44,755 | €64,244 | +€19,488 | +43.5% |
| Leasing and similar rights | 25 | €10,555 | €7,914 | -€2,641 | -25.0% |
| Current assets | 29/58 | €131,161 | €177,341 | +€46,180 | +35.2% |
| Stocks and contracts in progress | 3 | €13,464 | €10,860 | -€2,604 | -19.3% |
| Stocks | 30/36 | €13,464 | €10,860 | -€2,604 | -19.3% |
| Amounts receivable within one year | 40/41 | €17,736 | €91,503 | +€73,767 | +416% |
| Trade receivables | 40 | €11,250 | €18,762 | +€7,512 | +66.8% |
| Other amounts receivable | 41 | €6,486 | €72,741 | +€66,255 | +1,022% |
| Cash at bank and in hand | 54/58 | €98,762 | €70,309 | -€28,453 | -28.8% |
| Deferred charges and accrued income | 490/1 | €1,199 | €4,670 | +€3,470 | +289% |
| Total equity and liabilities | 10/49 | €211,983 | €274,757 | +€62,774 | +29.6% |
| Equity | 10/15 | €71,792 | €107,310 | +€35,518 | +49.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €69,792 | €105,310 | +€35,518 | +50.9% |
| Distributable reserves | 133 | €69,792 | €105,310 | +€35,518 | +50.9% |
| Amounts payable | 17/49 | €140,191 | €167,447 | +€27,256 | +19.4% |
| Amounts payable after more than one year | 17 | €81,279 | €77,547 | -€3,732 | -4.6% |
| Financial debts | 170/4 | €81,279 | €77,547 | -€3,732 | -4.6% |
| Amounts payable within one year | 42/48 | €58,912 | €89,900 | +€30,988 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | €26,079 | €33,388 | +€7,309 | +28.0% |
| Trade debts | 44 | €13,279 | €28,548 | +€15,270 | +115% |
| Suppliers | 440/4 | €13,279 | €28,548 | +€15,270 | +115% |
| Taxes, remuneration and social security | 45 | €18,299 | €27,964 | +€9,665 | +52.8% |
| Taxes | 450/3 | €18,299 | €27,964 | +€9,665 | +52.8% |
| Other amounts payable | 47/48 | €1,256 | - | -€1,256 | |
| Remuneration, social security and pensions | 62 | €79 | - | -€79 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,927 | €36,510 | +€25,582 | +234% |
| Other operating charges | 640/8 | €1,276 | €3,352 | +€2,077 | +163% |
| Gross operating margin | 9900 | €103,206 | €90,385 | -€12,821 | -12.4% |
| Operating profit (loss) | 9901 | €90,924 | €50,523 | -€40,401 | -44.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | +122% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +122% |
| Financial charges | 65/66B | €3,093 | €5,083 | +€1,990 | +64.4% |
| Recurring financial charges | 65 | €3,093 | €5,083 | +€1,990 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | €87,832 | €45,442 | -€42,390 | -48.3% |
| Income taxes | 67/77 | €18,040 | €9,924 | -€8,116 | -45.0% |
| Profit (loss) for the period | 9904 | €69,792 | €35,518 | -€34,274 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,792 | €35,518 | -€34,274 | -49.1% |
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 15 October 2026 via checked.be.