TOITURES JUGNOT: 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 JUGNOT
Largest movements
- Cash +€15,701
up €15,701 (+8,349%), from €188 to €15,890
mainly Net result for the year (+€40,984) and Other debts (+€18,014)
- Tangible fixed assets +€11,786
up €11,786 (+83.4%), from €14,136 to €25,922
of which Land and buildings: +€21,063
- Receivables within one year +€10,965
up €10,965 (+244%), from €4,486 to €15,451
of which Trade receivables: +€9,481
- Stocks and contracts -€668
down €668 (-35.5%), from €1,883 to €1,215
- Profit (loss) carried forward +€22,984
up €22,984, from -€20,998 to €1,987
- Other debts +€18,014
new in 2025: €18,014
- Current portion of long-term debt -€7,048
down €7,048 (-78.0%), from €9,033 to €1,985
- Trade debts +€5,334
up €5,334 (+99.9%), from €5,339 to €10,673
- Debts after one year -€1,985
down €1,985 (-38.5%), from €5,153 to €3,167
- Gross operating margin +€57,930
up €57,930, from -€1,086 to €56,844
- Taxes +€3,844
up €3,844 (+1,548%), from €248 to €4,092
- Financial income +€948
up €948 (+1,823%), from €52 to €1,000
- Depreciation +€653
up €653 (+6.8%), from €9,551 to €10,204
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 | €21,478 | €59,288 | +€37,811 | +176% |
| Fixed assets | 21/28 | €14,271 | €26,057 | +€11,786 | +82.6% |
| Tangible fixed assets | 22/27 | €14,136 | €25,922 | +€11,786 | +83.4% |
| Land and buildings | 22 | - | €21,063 | +€21,063 | |
| Furniture and vehicles | 24 | €14,136 | €4,859 | -€9,277 | -65.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €7,207 | €33,231 | +€26,025 | +361% |
| Stocks and contracts in progress | 3 | €1,883 | €1,215 | -€668 | -35.5% |
| Stocks | 30/36 | €1,883 | €1,215 | -€668 | -35.5% |
| Amounts receivable within one year | 40/41 | €4,486 | €15,451 | +€10,965 | +244% |
| Trade receivables | 40 | €2,380 | €11,861 | +€9,481 | +398% |
| Other amounts receivable | 41 | €2,106 | €3,590 | +€1,484 | +70.5% |
| Cash at bank and in hand | 54/58 | €188 | €15,890 | +€15,701 | +8,349% |
| Deferred charges and accrued income | 490/1 | €650 | €676 | +€26 | +4.0% |
| Total equity and liabilities | 10/49 | €21,478 | €59,288 | +€37,811 | +176% |
| Equity | 10/15 | -€4,797 | €18,187 | +€22,984 | |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,998 | €1,987 | +€22,984 | |
| Amounts payable | 17/49 | €26,275 | €41,101 | +€14,826 | +56.4% |
| Amounts payable after more than one year | 17 | €5,153 | €3,167 | -€1,985 | -38.5% |
| Financial debts | 170/4 | €5,153 | €3,167 | -€1,985 | -38.5% |
| Amounts payable within one year | 42/48 | €20,903 | €37,444 | +€16,541 | +79.1% |
| Current portion of amounts payable after more than one year | 42 | €9,033 | €1,985 | -€7,048 | -78.0% |
| Financial debts | 43 | €1,713 | - | -€1,713 | |
| Credit institutions | 430/8 | €1,713 | - | -€1,713 | |
| Trade debts | 44 | €5,339 | €10,673 | +€5,334 | +99.9% |
| Suppliers | 440/4 | €5,339 | €10,673 | +€5,334 | +99.9% |
| Taxes, remuneration and social security | 45 | €4,818 | €6,771 | +€1,954 | +40.5% |
| Taxes | 450/3 | €4,818 | €6,771 | +€1,954 | +40.5% |
| Other amounts payable | 47/48 | - | €18,014 | +€18,014 | |
| Accrued charges and deferred income | 492/3 | €220 | €490 | +€271 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,551 | €10,204 | +€653 | +6.8% |
| Other operating charges | 640/8 | €1,267 | €1,296 | +€29 | +2.3% |
| Non-recurring operating charges | 66A | €2,250 | - | -€2,250 | |
| Gross operating margin | 9900 | -€1,086 | €56,844 | +€57,930 | |
| Operating profit (loss) | 9901 | -€14,155 | €45,343 | +€59,498 | |
| Financial income | 75/76B | €52 | €1,000 | +€948 | +1,823% |
| Recurring financial income | 75 | €52 | €1,000 | +€948 | +1,823% |
| Financial charges | 65/66B | €1,123 | €1,267 | +€144 | +12.8% |
| Recurring financial charges | 65 | €1,123 | €1,267 | +€144 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,225 | €45,077 | +€60,302 | |
| Income taxes | 67/77 | €248 | €4,092 | +€3,844 | +1,548% |
| Profit (loss) for the period | 9904 | -€15,474 | €40,984 | +€56,458 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,474 | €40,984 | +€56,458 |
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 28 October 2026 via checked.be.