TOITURE LIÉNARD: 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.
TOITURE LIÉNARD
Largest movements
- Cash +€15,143
up €15,143 (+366%), from €4,132 to €19,275
mainly Advances received (+€20,750) and Net result for the year (+€5,565)
- Receivables within one year +€4,437
up €4,437 (+8.4%), from €52,543 to €56,980
of which Trade receivables: +€10,025
- Tangible fixed assets -€2,597
down €2,597 (-29.5%), from €8,792 to €6,195
of which Furniture and vehicles: -€3,558
- Advances received +€20,750
new in 2025: €20,750
- Profit (loss) carried forward +€5,565
up €5,565 (+33.0%), from -€16,841 to -€11,276
- Trade debts -€5,392
down €5,392 (-19.2%), from €28,063 to €22,671
- Tax, wage and social debts -€2,488
down €2,488 (-35.3%), from €7,044 to €4,556
of which Taxes: -€2,400
- Turnover +€112,146
up €112,146 (+39.9%), from €281,059 to €393,205
- Purchases and services +€100,194
up €100,194 (+45.2%), from €221,442 to €321,635
- Gross operating margin +€11,952
up €11,952 (+20.0%), from €59,617 to €71,569
- Taxes +€8,004
up €8,004 (+2,909%), from €275 to €8,279
- Staff costs +€5,572
up €5,572 (+12.7%), from €44,009 to €49,581
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 | €66,793 | €84,542 | +€17,749 | +26.6% |
| Fixed assets | 21/28 | €8,842 | €6,245 | -€2,597 | -29.4% |
| Tangible fixed assets | 22/27 | €8,792 | €6,195 | -€2,597 | -29.5% |
| Plant, machinery and equipment | 23 | €0 | €961 | +€961 | |
| Furniture and vehicles | 24 | €8,792 | €5,234 | -€3,558 | -40.5% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €57,950 | €78,296 | +€20,346 | +35.1% |
| Amounts receivable within one year | 40/41 | €52,543 | €56,980 | +€4,437 | +8.4% |
| Trade receivables | 40 | €29,996 | €40,021 | +€10,025 | +33.4% |
| Other amounts receivable | 41 | €22,546 | €16,958 | -€5,588 | -24.8% |
| Cash at bank and in hand | 54/58 | €4,132 | €19,275 | +€15,143 | +366% |
| Deferred charges and accrued income | 490/1 | €1,275 | €2,041 | +€766 | +60.1% |
| Total equity and liabilities | 10/49 | €66,793 | €84,542 | +€17,749 | +26.6% |
| Equity | 10/15 | -€8,781 | -€3,216 | +€5,565 | +63.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,841 | -€11,276 | +€5,565 | +33.0% |
| Amounts payable | 17/49 | €75,574 | €87,758 | +€12,184 | +16.1% |
| Amounts payable within one year | 42/48 | €75,574 | €87,758 | +€12,184 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Trade debts | 44 | €28,063 | €22,671 | -€5,392 | -19.2% |
| Suppliers | 440/4 | €28,063 | €22,671 | -€5,392 | -19.2% |
| Advances received on contracts in progress | 46 | - | €20,750 | +€20,750 | |
| Taxes, remuneration and social security | 45 | €7,044 | €4,556 | -€2,488 | -35.3% |
| Taxes | 450/3 | €4,800 | €2,400 | -€2,400 | -50.0% |
| Remuneration and social security | 454/9 | €2,244 | €2,156 | -€88 | -3.9% |
| Other amounts payable | 47/48 | €40,467 | €39,780 | -€687 | -1.7% |
| Turnover | 70 | €281,059 | €393,205 | +€112,146 | +39.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €221,442 | €321,635 | +€100,194 | +45.2% |
| Remuneration, social security and pensions | 62 | €44,009 | €49,581 | +€5,572 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,996 | €4,456 | +€460 | +11.5% |
| Other operating charges | 640/8 | €828 | €2,828 | +€2,001 | +242% |
| Gross operating margin | 9900 | €59,617 | €71,569 | +€11,952 | +20.0% |
| Operating profit (loss) | 9901 | €10,784 | €14,704 | +€3,920 | +36.3% |
| Financial income | 75/76B | - | €70 | +€70 | |
| Recurring financial income | 75 | - | €70 | +€70 | |
| Financial charges | 65/66B | €695 | €929 | +€234 | +33.7% |
| Recurring financial charges | 65 | €695 | €929 | +€234 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €10,089 | €13,844 | +€3,756 | +37.2% |
| Income taxes | 67/77 | €275 | €8,279 | +€8,004 | +2,909% |
| Profit (loss) for the period | 9904 | €9,814 | €5,565 | -€4,249 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,814 | €5,565 | -€4,249 | -43.3% |
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 25 October 2026 via checked.be.