TOITURES BAUVIR: 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.
TOITURES BAUVIR
Largest movements
- Receivables within one year -€29,889
down €29,889 (-41.9%), from €71,307 to €41,418
of which Other amounts receivable: -€27,306
- Stocks and contracts +€9,836
up €9,836 (+107%), from €9,186 to €19,021
- Cash +€7,001
up €7,001 (+6,342%), from €110 to €7,111
mainly Net result for the year (+€61,089) and Depreciation (+€31,438)
- Tangible fixed assets -€4,180
down €4,180 (-1.6%), from €253,982 to €249,802
of which Furniture and vehicles: -€11,776
- Profit (loss) carried forward +€36,089
up €36,089 (+34.7%), from €103,938 to €140,027
- Debts after one year -€26,000
down €26,000 (-33.2%), from €78,278 to €52,278
- Trade debts -€15,463
down €15,463 (-36.3%), from €42,584 to €27,121
- Current portion of long-term debt -€13,890
down €13,890 (-32.1%), from €43,233 to €29,343
- Tax, wage and social debts +€10,286
up €10,286 (+64.4%), from €15,961 to €26,247
- Gross operating margin +€30,804
up €30,804 (+21.7%), from €142,164 to €172,969
- Staff costs +€14,585
up €14,585 (+37.1%), from €39,303 to €53,888
- Depreciation +€7,882
up €7,882 (+33.5%), from €23,556 to €31,438
- Taxes -€5,750
down €5,750 (-26.7%), from €21,550 to €15,800
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 | €335,511 | €318,279 | -€17,232 | -5.1% |
| Fixed assets | 21/28 | €254,909 | €250,729 | -€4,180 | -1.6% |
| Tangible fixed assets | 22/27 | €253,982 | €249,802 | -€4,180 | -1.6% |
| Land and buildings | 22 | €179,921 | €196,714 | +€16,793 | +9.3% |
| Plant, machinery and equipment | 23 | €7,974 | €5,777 | -€2,196 | -27.5% |
| Furniture and vehicles | 24 | €52,087 | €40,311 | -€11,776 | -22.6% |
| Leasing and similar rights | 25 | €14,000 | €7,000 | -€7,000 | -50.0% |
| Financial fixed assets | 28 | €927 | €927 | = | 0.0% |
| Current assets | 29/58 | €80,603 | €67,550 | -€13,052 | -16.2% |
| Stocks and contracts in progress | 3 | €9,186 | €19,021 | +€9,836 | +107% |
| Stocks | 30/36 | €9,186 | €19,021 | +€9,836 | +107% |
| Amounts receivable within one year | 40/41 | €71,307 | €41,418 | -€29,889 | -41.9% |
| Trade receivables | 40 | €23,963 | €21,380 | -€2,583 | -10.8% |
| Other amounts receivable | 41 | €47,344 | €20,038 | -€27,306 | -57.7% |
| Cash at bank and in hand | 54/58 | €110 | €7,111 | +€7,001 | +6,342% |
| Total equity and liabilities | 10/49 | €335,511 | €318,279 | -€17,232 | -5.1% |
| Equity | 10/15 | €124,343 | €160,432 | +€36,089 | +29.0% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,938 | €140,027 | +€36,089 | +34.7% |
| Amounts payable | 17/49 | €211,169 | €157,848 | -€53,321 | -25.3% |
| Amounts payable after more than one year | 17 | €78,278 | €52,278 | -€26,000 | -33.2% |
| Financial debts | 170/4 | €78,278 | €52,278 | -€26,000 | -33.2% |
| Amounts payable within one year | 42/48 | €132,891 | €105,570 | -€27,321 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €43,233 | €29,343 | -€13,890 | -32.1% |
| Financial debts | 43 | €31,112 | €22,859 | -€8,253 | -26.5% |
| Credit institutions | 430/8 | €31,112 | €22,859 | -€8,253 | -26.5% |
| Trade debts | 44 | €42,584 | €27,121 | -€15,463 | -36.3% |
| Suppliers | 440/4 | €42,584 | €27,121 | -€15,463 | -36.3% |
| Taxes, remuneration and social security | 45 | €15,961 | €26,247 | +€10,286 | +64.4% |
| Taxes | 450/3 | €15,961 | €26,247 | +€10,286 | +64.4% |
| Remuneration, social security and pensions | 62 | €39,303 | €53,888 | +€14,585 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,556 | €31,438 | +€7,882 | +33.5% |
| Other operating charges | 640/8 | €3,586 | €3,500 | -€87 | -2.4% |
| Gross operating margin | 9900 | €142,164 | €172,969 | +€30,804 | +21.7% |
| Operating profit (loss) | 9901 | €75,719 | €84,143 | +€8,424 | +11.1% |
| Financial income | 75/76B | €1,891 | €1,028 | -€862 | -45.6% |
| Recurring financial income | 75 | €1,891 | €1,028 | -€862 | -45.6% |
| Financial charges | 65/66B | €9,588 | €8,282 | -€1,306 | -13.6% |
| Recurring financial charges | 65 | €9,448 | €8,282 | -€1,166 | -12.3% |
| Non-recurring financial charges | 66B | €140 | - | -€140 | |
| Profit (loss) for the period before taxes | 9903 | €68,022 | €76,889 | +€8,867 | +13.0% |
| Income taxes | 67/77 | €21,550 | €15,800 | -€5,750 | -26.7% |
| Profit (loss) for the period | 9904 | €46,471 | €61,089 | +€14,618 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,471 | €61,089 | +€14,618 | +31.5% |
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 1 November 2026 via checked.be.