Toitures Cavelier: 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 Cavelier
Largest movements
- Receivables within one year +€92,392
up €92,392 (+232%), from €39,740 to €132,132
of which Trade receivables: +€83,360
- Tangible fixed assets +€60,451
up €60,451 (+65.1%), from €92,904 to €153,355
of which Plant, machinery and equipment: +€34,884
- Deferred charges and accrued income +€13,138
up €13,138 (+467%), from €2,811 to €15,948
- Cash -€11,197
down €11,197 (-7.3%), from €152,940 to €141,743
mainly Advances received (-€142,450) and Investment in fixed assets (net) (-€106,460)
- Advances received -€142,450
no longer reported in 2025 (was €142,450)
- Reserves +€117,000
up €117,000 (+1,671%), from €7,000 to €124,000
- Accrued charges and deferred income +€80,851
new in 2025: €80,851
- Trade debts +€57,823
up €57,823 (+874%), from €6,618 to €64,440
- Tax, wage and social debts +€21,338
up €21,338 (+48.6%), from €43,933 to €65,270
of which Taxes: +€29,462
- Gross operating margin +€430,515
up €430,515 (+432%), from €99,725 to €530,240
- Staff costs +€228,703
up €228,703 (+289%), from €79,215 to €307,917
- Depreciation +€37,519
up €37,519 (+442%), from €8,490 to €46,009
- Taxes +€28,611
up €28,611 (+1,291%), from €2,217 to €30,828
- Write-downs +€9,434
new in 2025: €9,434
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 | €288,600 | €443,383 | +€154,783 | +53.6% |
| Fixed assets | 21/28 | €93,109 | €153,560 | +€60,451 | +64.9% |
| Tangible fixed assets | 22/27 | €92,904 | €153,355 | +€60,451 | +65.1% |
| Plant, machinery and equipment | 23 | €86,189 | €121,074 | +€34,884 | +40.5% |
| Furniture and vehicles | 24 | €6,715 | €32,281 | +€25,566 | +381% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €195,491 | €289,823 | +€94,332 | +48.3% |
| Amounts receivable within one year | 40/41 | €39,740 | €132,132 | +€92,392 | +232% |
| Trade receivables | 40 | €25,171 | €108,530 | +€83,360 | +331% |
| Other amounts receivable | 41 | €14,569 | €23,602 | +€9,033 | +62.0% |
| Cash at bank and in hand | 54/58 | €152,940 | €141,743 | -€11,197 | -7.3% |
| Deferred charges and accrued income | 490/1 | €2,811 | €15,948 | +€13,138 | +467% |
| Total equity and liabilities | 10/49 | €288,600 | €443,383 | +€154,783 | +53.6% |
| Equity | 10/15 | €8,659 | €125,240 | +€116,582 | +1,346% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €124,000 | +€117,000 | +1,671% |
| Distributable reserves | 133 | €7,000 | €124,000 | +€117,000 | +1,671% |
| Profit (loss) carried forward | 14 | €659 | €240 | -€418 | -63.5% |
| Amounts payable | 17/49 | €279,942 | €318,143 | +€38,201 | +13.6% |
| Amounts payable after more than one year | 17 | €58,699 | €55,352 | -€3,347 | -5.7% |
| Financial debts | 170/4 | €58,699 | €55,352 | -€3,347 | -5.7% |
| Amounts payable within one year | 42/48 | €221,243 | €181,940 | -€39,303 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €14,292 | €29,711 | +€15,419 | +108% |
| Trade debts | 44 | €6,618 | €64,440 | +€57,823 | +874% |
| Suppliers | 440/4 | €6,618 | €64,440 | +€57,823 | +874% |
| Advances received on contracts in progress | 46 | €142,450 | - | -€142,450 | |
| Taxes, remuneration and social security | 45 | €43,933 | €65,270 | +€21,338 | +48.6% |
| Taxes | 450/3 | €4,606 | €34,068 | +€29,462 | +640% |
| Remuneration and social security | 454/9 | €39,326 | €31,202 | -€8,125 | -20.7% |
| Other amounts payable | 47/48 | €13,951 | €22,518 | +€8,568 | +61.4% |
| Accrued charges and deferred income | 492/3 | - | €80,851 | +€80,851 | |
| Remuneration, social security and pensions | 62 | €79,215 | €307,917 | +€228,703 | +289% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,490 | €46,009 | +€37,519 | +442% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,434 | +€9,434 | |
| Other operating charges | 640/8 | €487 | €964 | +€478 | +98.2% |
| Non-recurring operating charges | 66A | - | €286 | +€286 | |
| Gross operating margin | 9900 | €99,725 | €530,240 | +€430,515 | +432% |
| Operating profit (loss) | 9901 | €11,534 | €165,629 | +€154,095 | +1,336% |
| Financial income | 75/76B | €168 | €899 | +€732 | +437% |
| Recurring financial income | 75 | €168 | €899 | +€732 | +437% |
| Financial charges | 65/66B | €968 | €2,971 | +€2,003 | +207% |
| Recurring financial charges | 65 | €968 | €2,971 | +€2,003 | +207% |
| Profit (loss) for the period before taxes | 9903 | €10,734 | €163,558 | +€152,823 | +1,424% |
| Income taxes | 67/77 | €2,217 | €30,828 | +€28,611 | +1,291% |
| Profit (loss) for the period | 9904 | €8,518 | €132,730 | +€124,212 | +1,458% |
| Profit (loss) for the period to be appropriated | 9905 | €8,518 | €132,730 | +€124,212 | +1,458% |
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 29 October 2026 via checked.be.