TOITURES JOSEPH: what changed
TOITURES JOSEPH
Largest movements
- Receivables within one year -€92,684
down €92,684 (-29.1%), from €318,432 to €225,749
of which Trade receivables: -€111,499
- Deferred charges and accrued income -€74,552
down €74,552 (-90.3%), from €82,551 to €7,998
- Cash +€54,983
new in 2024: €54,983
mainly Receivables within one year (+€92,684) and Deferred charges and accrued income (+€74,552)
- Tangible fixed assets -€10,348
down €10,348 (-46.6%), from €22,183 to €11,834
of which Furniture and vehicles: -€12,563
- Accrued charges and deferred income -€89,895
down €89,895 (-73.4%), from €122,526 to €32,632
- Short-term financial debts -€40,771
no longer reported in 2024 (was €40,771)
- Tax, wage and social debts -€39,252
down €39,252 (-17.9%), from €219,360 to €180,108
of which Remuneration and social security: -€63,305
- Profit (loss) carried forward +€30,915
up €30,915 (+25.7%), from -€120,439 to -€89,524
- Current portion of long-term debt +€24,032
new in 2024: €24,032
- Gross operating margin -€101,841
down €101,841 (-27.2%), from €375,036 to €273,196
- Staff costs -€39,111
down €39,111 (-14.5%), from €269,214 to €230,103
- Taxes -€35,628
down €35,628, from €24,150 to -€11,478
- Other operating charges +€6,209
up €6,209 (+184%), from €3,374 to €9,582
- Depreciation -€4,823
down €4,823 (-25.5%), from €18,895 to €14,073
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €428,155 | €305,554 | -€122,601 | -28.6% |
| Fixed assets | 21/28 | €27,173 | €16,824 | -€10,348 | -38.1% |
| Tangible fixed assets | 22/27 | €22,183 | €11,834 | -€10,348 | -46.6% |
| Plant, machinery and equipment | 23 | €1,917 | €4,132 | +€2,215 | +116% |
| Furniture and vehicles | 24 | €20,265 | €7,702 | -€12,563 | -62.0% |
| Financial fixed assets | 28 | €4,990 | €4,990 | = | 0.0% |
| Current assets | 29/58 | €400,983 | €288,729 | -€112,253 | -28.0% |
| Amounts receivable within one year | 40/41 | €318,432 | €225,749 | -€92,684 | -29.1% |
| Trade receivables | 40 | €244,156 | €132,657 | -€111,499 | -45.7% |
| Other amounts receivable | 41 | €74,276 | €93,091 | +€18,816 | +25.3% |
| Cash at bank and in hand | 54/58 | - | €54,983 | +€54,983 | |
| Deferred charges and accrued income | 490/1 | €82,551 | €7,998 | -€74,552 | -90.3% |
| Total equity and liabilities | 10/49 | €428,155 | €305,554 | -€122,601 | -28.6% |
| Equity | 10/15 | -€99,979 | -€69,064 | +€30,915 | +30.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | -€120,439 | -€89,524 | +€30,915 | +25.7% |
| Amounts payable | 17/49 | €528,134 | €374,618 | -€153,517 | -29.1% |
| Amounts payable after more than one year | 17 | €4,623 | - | -€4,623 | |
| Financial debts | 170/4 | €4,623 | - | -€4,623 | |
| Amounts payable within one year | 42/48 | €400,985 | €341,986 | -€58,999 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | - | €24,032 | +€24,032 | |
| Financial debts | 43 | €40,771 | - | -€40,771 | |
| Credit institutions | 430/8 | €40,771 | - | -€40,771 | |
| Trade debts | 44 | €87,165 | €100,719 | +€13,554 | +15.5% |
| Suppliers | 440/4 | €87,165 | €100,719 | +€13,554 | +15.5% |
| Advances received on contracts in progress | 46 | €12,527 | €12,527 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €219,360 | €180,108 | -€39,252 | -17.9% |
| Taxes | 450/3 | €54,661 | €78,713 | +€24,053 | +44.0% |
| Remuneration and social security | 454/9 | €164,699 | €101,394 | -€63,305 | -38.4% |
| Other amounts payable | 47/48 | €41,162 | €24,600 | -€16,562 | -40.2% |
| Accrued charges and deferred income | 492/3 | €122,526 | €32,632 | -€89,895 | -73.4% |
| Remuneration, social security and pensions | 62 | €269,214 | €230,103 | -€39,111 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,895 | €14,073 | -€4,823 | -25.5% |
| Other operating charges | 640/8 | €3,374 | €9,582 | +€6,209 | +184% |
| Gross operating margin | 9900 | €375,036 | €273,196 | -€101,841 | -27.2% |
| Operating profit (loss) | 9901 | €83,553 | €19,438 | -€64,115 | -76.7% |
| Financial income | 75/76B | €2,391 | €4,563 | +€2,172 | +90.9% |
| Recurring financial income | 75 | €2,391 | €4,563 | +€2,172 | +90.9% |
| Financial charges | 65/66B | €6,031 | €4,564 | -€1,467 | -24.3% |
| Recurring financial charges | 65 | €6,031 | €4,564 | -€1,467 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €79,913 | €19,437 | -€60,476 | -75.7% |
| Income taxes | 67/77 | €24,150 | -€11,478 | -€35,628 | |
| Profit (loss) for the period | 9904 | €55,763 | €30,915 | -€24,848 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,763 | €30,915 | -€24,848 | -44.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.