TOITURES DUDA: 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 DUDA
Largest movements
- Receivables within one year +€96,778
up €96,778 (+225%), from €43,094 to €139,872
of which Trade receivables: +€73,179
- Cash +€58,128
up €58,128 (+20.6%), from €281,549 to €339,677
mainly Trade debts (+€127,426) and Depreciation (+€28,660)
- Tangible fixed assets -€55,740
down €55,740 (-21.6%), from €258,170 to €202,430
of which Leasing and similar rights: -€43,644
- Trade debts +€127,426
up €127,426 (+127%), from €100,117 to €227,543
- Profit (loss) carried forward -€12,750
down €12,750 (-7.6%), from €166,723 to €153,972
- Debts after one year -€11,674
down €11,674 (-6.6%), from €178,102 to €166,428
- Gross operating margin -€174,378
down €174,378 (-24.7%), from €706,579 to €532,201
- Financial income +€46,701
up €46,701 (+595%), from €7,849 to €54,551
of which Non-recurring financial income: +€31,310
- Taxes -€36,632
down €36,632 (-97.3%), from €37,647 to €1,015
- Staff costs +€30,349
up €30,349 (+6.0%), from €505,375 to €535,724
- Other operating charges +€8,923
up €8,923 (+218%), from €4,100 to €13,023
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 | €599,794 | €710,445 | +€110,651 | +18.4% |
| Fixed assets | 21/28 | €258,897 | €204,087 | -€54,810 | -21.2% |
| Tangible fixed assets | 22/27 | €258,170 | €202,430 | -€55,740 | -21.6% |
| Land and buildings | 22 | €176,164 | €161,512 | -€14,652 | -8.3% |
| Plant, machinery and equipment | 23 | €6,092 | €13,913 | +€7,822 | +128% |
| Furniture and vehicles | 24 | €6,470 | €1,205 | -€5,265 | -81.4% |
| Leasing and similar rights | 25 | €69,444 | €25,800 | -€43,644 | -62.8% |
| Financial fixed assets | 28 | €727 | €1,657 | +€930 | +128% |
| Current assets | 29/58 | €340,897 | €506,358 | +€165,461 | +48.5% |
| Stocks and contracts in progress | 3 | €12,174 | €18,691 | +€6,517 | +53.5% |
| Stocks | 30/36 | €12,174 | €18,691 | +€6,517 | +53.5% |
| Amounts receivable within one year | 40/41 | €43,094 | €139,872 | +€96,778 | +225% |
| Trade receivables | 40 | €14,761 | €87,940 | +€73,179 | +496% |
| Other amounts receivable | 41 | €28,333 | €51,932 | +€23,599 | +83.3% |
| Cash at bank and in hand | 54/58 | €281,549 | €339,677 | +€58,128 | +20.6% |
| Deferred charges and accrued income | 490/1 | €4,081 | €8,119 | +€4,037 | +98.9% |
| Total equity and liabilities | 10/49 | €599,794 | €710,445 | +€110,651 | +18.4% |
| Equity | 10/15 | €193,293 | €180,543 | -€12,750 | -6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,970 | €7,970 | = | 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% |
| Tax-exempt reserves | 132 | €6,110 | €6,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,723 | €153,972 | -€12,750 | -7.6% |
| Amounts payable | 17/49 | €406,501 | €529,903 | +€123,402 | +30.4% |
| Amounts payable after more than one year | 17 | €178,102 | €166,428 | -€11,674 | -6.6% |
| Financial debts | 170/4 | €178,102 | €166,428 | -€11,674 | -6.6% |
| Amounts payable within one year | 42/48 | €228,399 | €363,475 | +€135,076 | +59.1% |
| Current portion of amounts payable after more than one year | 42 | €39,384 | €43,970 | +€4,586 | +11.6% |
| Trade debts | 44 | €100,117 | €227,543 | +€127,426 | +127% |
| Suppliers | 440/4 | €100,117 | €227,543 | +€127,426 | +127% |
| Taxes, remuneration and social security | 45 | €88,898 | €91,848 | +€2,950 | +3.3% |
| Taxes | 450/3 | €67,708 | €68,352 | +€643 | +1.0% |
| Remuneration and social security | 454/9 | €21,190 | €23,497 | +€2,307 | +10.9% |
| Other amounts payable | 47/48 | - | €114 | +€114 | |
| Remuneration, social security and pensions | 62 | €505,375 | €535,724 | +€30,349 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,420 | €28,660 | -€6,760 | -19.1% |
| Other operating charges | 640/8 | €4,100 | €13,023 | +€8,923 | +218% |
| Gross operating margin | 9900 | €706,579 | €532,201 | -€174,378 | -24.7% |
| Operating profit (loss) | 9901 | €161,684 | -€45,206 | -€206,890 | |
| Financial income | 75/76B | €7,849 | €54,551 | +€46,701 | +595% |
| Recurring financial income | 75 | €7,849 | €23,240 | +€15,391 | +196% |
| Non-recurring financial income | 76B | - | €31,310 | +€31,310 | |
| Financial charges | 65/66B | €14,737 | €21,080 | +€6,343 | +43.0% |
| Recurring financial charges | 65 | €14,737 | €16,464 | +€1,727 | +11.7% |
| Non-recurring financial charges | 66B | - | €4,616 | +€4,616 | |
| Profit (loss) for the period before taxes | 9903 | €154,796 | -€11,735 | -€166,532 | |
| Income taxes | 67/77 | €37,647 | €1,015 | -€36,632 | -97.3% |
| Profit (loss) for the period | 9904 | €117,150 | -€12,750 | -€129,900 | |
| Profit (loss) for the period to be appropriated | 9905 | €117,150 | -€12,750 | -€129,900 |
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 14 October 2026 via checked.be.