TOITURES LECOMTE: 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 LECOMTE
Largest movements
- Cash -€636,094
down €636,094 (-87.3%), from €728,682 to €92,588
mainly Current investments (-€447,447) and Contributions, distributions and other (-€101,871)
- Current investments +€447,447
up €447,447 (+815%), from €54,925 to €502,372
- Receivables within one year +€46,540
up €46,540 (+556%), from €8,374 to €54,914
of which Trade receivables: +€30,703
- Tangible fixed assets -€35,782
down €35,782 (-15.1%), from €237,037 to €201,255
of which Land and buildings: -€33,122
- Other debts -€100,000
down €100,000 (-50.0%), from €200,168 to €100,168
- Reserves -€66,990
down €66,990 (-8.5%), from €786,503 to €719,513
of which Distributable reserves: -€66,633
- Gross operating margin -€73,642
down €73,642 (-44.8%), from €164,272 to €90,631
- Taxes -€19,077
down €19,077 (-62.3%), from €30,620 to €11,543
- Financial income -€2,828
down €2,828 (-53.2%), from €5,311 to €2,483
- Other operating charges +€2,167
up €2,167 (+22.1%), from €9,823 to €11,990
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 | €1,031,274 | €854,742 | -€176,532 | -17.1% |
| Fixed assets | 21/28 | €237,161 | €201,255 | -€35,906 | -15.1% |
| Tangible fixed assets | 22/27 | €237,037 | €201,255 | -€35,782 | -15.1% |
| Land and buildings | 22 | €216,702 | €183,580 | -€33,122 | -15.3% |
| Plant, machinery and equipment | 23 | €20,024 | €17,463 | -€2,561 | -12.8% |
| Furniture and vehicles | 24 | €311 | €212 | -€99 | -31.8% |
| Financial fixed assets | 28 | €124 | €0 | -€124 | -100% |
| Current assets | 29/58 | €794,112 | €653,487 | -€140,626 | -17.7% |
| Amounts receivable within one year | 40/41 | €8,374 | €54,914 | +€46,540 | +556% |
| Trade receivables | 40 | €8,374 | €39,077 | +€30,703 | +367% |
| Other amounts receivable | 41 | €0 | €15,838 | +€15,838 | |
| Current investments | 50/53 | €54,925 | €502,372 | +€447,447 | +815% |
| Cash at bank and in hand | 54/58 | €728,682 | €92,588 | -€636,094 | -87.3% |
| Deferred charges and accrued income | 490/1 | €2,132 | €3,612 | +€1,481 | +69.5% |
| Total equity and liabilities | 10/49 | €1,031,274 | €854,742 | -€176,532 | -17.1% |
| Equity | 10/15 | €813,227 | €744,366 | -€68,861 | -8.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €786,503 | €719,513 | -€66,990 | -8.5% |
| Tax-exempt reserves | 132 | €357 | €0 | -€357 | -100% |
| Distributable reserves | 133 | €786,146 | €719,513 | -€66,633 | -8.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €8,132 | €6,261 | -€1,871 | -23.0% |
| Amounts payable | 17/49 | €218,047 | €110,376 | -€107,671 | -49.4% |
| Amounts payable within one year | 42/48 | €211,009 | €103,376 | -€107,633 | -51.0% |
| Trade debts | 44 | €1,244 | €3,208 | +€1,964 | +158% |
| Suppliers | 440/4 | €1,244 | €3,208 | +€1,964 | +158% |
| Taxes, remuneration and social security | 45 | €9,597 | €0 | -€9,597 | -100% |
| Taxes | 450/3 | €9,597 | €0 | -€9,597 | -100% |
| Other amounts payable | 47/48 | €200,168 | €100,168 | -€100,000 | -50.0% |
| Accrued charges and deferred income | 492/3 | €7,038 | €7,000 | -€38 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,914 | €35,782 | -€132 | -0.4% |
| Other operating charges | 640/8 | €9,823 | €11,990 | +€2,167 | +22.1% |
| Gross operating margin | 9900 | €164,272 | €90,631 | -€73,642 | -44.8% |
| Operating profit (loss) | 9901 | €118,535 | €42,858 | -€75,677 | -63.8% |
| Financial income | 75/76B | €5,311 | €2,483 | -€2,828 | -53.2% |
| Recurring financial income | 75 | €5,311 | €2,483 | -€2,828 | -53.2% |
| Financial charges | 65/66B | €414 | €789 | +€375 | +90.4% |
| Recurring financial charges | 65 | €414 | €789 | +€375 | +90.4% |
| Profit (loss) for the period before taxes | 9903 | €123,431 | €44,552 | -€78,879 | -63.9% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €30,620 | €11,543 | -€19,077 | -62.3% |
| Profit (loss) for the period | 9904 | €92,811 | €33,010 | -€59,802 | -64.4% |
| Transfer from tax-exempt reserves | 789 | €0 | €357 | +€357 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,811 | €33,367 | -€59,445 | -64.0% |
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 15 October 2026 via checked.be.