TOITURE LEBAILLY: what changed
TOITURE LEBAILLY
Largest movements
- Tangible fixed assets +€73,033
up €73,033 (+67.8%), from €107,729 to €180,762
of which Plant, machinery and equipment: +€71,663
- Receivables within one year -€29,389
down €29,389 (-42.9%), from €68,435 to €39,046
of which Other amounts receivable: -€19,871
- Stocks and contracts +€16,408
up €16,408 (+48.9%), from €33,543 to €49,951
- Intangible fixed assets -€8,867
no longer reported in 2025 (was €8,867)
- Cash -€5,955
down €5,955 (-30.4%), from €19,587 to €13,632
mainly Investment in fixed assets (net) (-€83,195) and Contributions, distributions and other (-€24,000)
- Debts after one year +€50,431
up €50,431 (+58.2%), from €86,722 to €137,152
- Profit (loss) carried forward -€21,547
down €21,547 (-23.5%), from €91,624 to €70,077
- Current portion of long-term debt +€12,777
up €12,777 (+358%), from €3,565 to €16,342
- Tax, wage and social debts +€11,846
up €11,846 (+112%), from €10,586 to €22,432
of which Taxes: +€8,638
- Trade debts -€9,611
down €9,611 (-30.9%), from €31,081 to €21,471
- Gross operating margin -€58,917
down €58,917 (-31.9%), from €184,668 to €125,751
- Staff costs -€17,718
down €17,718 (-15.7%), from €112,623 to €94,904
- Taxes -€10,237
down €10,237 (-82.0%), from €12,488 to €2,251
- Depreciation +€10,023
up €10,023 (+115%), from €8,712 to €18,735
- Financial charges +€3,417
up €3,417 (+91.5%), from €3,736 to €7,154
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,577 | €287,497 | +€43,920 | +18.0% |
| Fixed assets | 21/28 | €118,159 | €182,619 | +€64,460 | +54.6% |
| Intangible fixed assets | 21 | €8,867 | - | -€8,867 | |
| Tangible fixed assets | 22/27 | €107,729 | €180,762 | +€73,033 | +67.8% |
| Land and buildings | 22 | €92,284 | €89,452 | -€2,832 | -3.1% |
| Plant, machinery and equipment | 23 | €14,201 | €85,864 | +€71,663 | +505% |
| Furniture and vehicles | 24 | €1,243 | €5,445 | +€4,202 | +338% |
| Financial fixed assets | 28 | €1,563 | €1,857 | +€294 | +18.8% |
| Current assets | 29/58 | €125,418 | €104,878 | -€20,540 | -16.4% |
| Stocks and contracts in progress | 3 | €33,543 | €49,951 | +€16,408 | +48.9% |
| Stocks | 30/36 | €33,543 | €49,951 | +€16,408 | +48.9% |
| Amounts receivable within one year | 40/41 | €68,435 | €39,046 | -€29,389 | -42.9% |
| Trade receivables | 40 | €41,859 | €32,340 | -€9,519 | -22.7% |
| Other amounts receivable | 41 | €26,577 | €6,706 | -€19,871 | -74.8% |
| Cash at bank and in hand | 54/58 | €19,587 | €13,632 | -€5,955 | -30.4% |
| Deferred charges and accrued income | 490/1 | €3,853 | €2,248 | -€1,604 | -41.6% |
| Total equity and liabilities | 10/49 | €243,577 | €287,497 | +€43,920 | +18.0% |
| Equity | 10/15 | €111,624 | €90,077 | -€21,547 | -19.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,624 | €70,077 | -€21,547 | -23.5% |
| Amounts payable | 17/49 | €131,953 | €197,420 | +€65,467 | +49.6% |
| Amounts payable after more than one year | 17 | €86,722 | €137,152 | +€50,431 | +58.2% |
| Financial debts | 170/4 | €86,722 | €137,152 | +€50,431 | +58.2% |
| Amounts payable within one year | 42/48 | €45,231 | €60,267 | +€15,036 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €3,565 | €16,342 | +€12,777 | +358% |
| Trade debts | 44 | €31,081 | €21,471 | -€9,611 | -30.9% |
| Suppliers | 440/4 | €31,081 | €21,471 | -€9,611 | -30.9% |
| Taxes, remuneration and social security | 45 | €10,586 | €22,432 | +€11,846 | +112% |
| Taxes | 450/3 | €5,613 | €14,251 | +€8,638 | +154% |
| Remuneration and social security | 454/9 | €4,973 | €8,181 | +€3,208 | +64.5% |
| Other amounts payable | 47/48 | - | €23 | +€23 | |
| Remuneration, social security and pensions | 62 | €112,623 | €94,904 | -€17,718 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,712 | €18,735 | +€10,023 | +115% |
| Other operating charges | 640/8 | €1,208 | €932 | -€276 | -22.9% |
| Gross operating margin | 9900 | €184,668 | €125,751 | -€58,917 | -31.9% |
| Operating profit (loss) | 9901 | €62,125 | €11,180 | -€50,946 | -82.0% |
| Financial income | 75/76B | €1,377 | €678 | -€699 | -50.8% |
| Recurring financial income | 75 | €1,377 | €678 | -€699 | -50.8% |
| Financial charges | 65/66B | €3,736 | €7,154 | +€3,417 | +91.5% |
| Recurring financial charges | 65 | €3,736 | €7,154 | +€3,417 | +91.5% |
| Profit (loss) for the period before taxes | 9903 | €59,766 | €4,704 | -€55,062 | -92.1% |
| Income taxes | 67/77 | €12,488 | €2,251 | -€10,237 | -82.0% |
| Profit (loss) for the period | 9904 | €47,278 | €2,453 | -€44,825 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,278 | €2,453 | -€44,825 | -94.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.